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Canadian Chocolate Bar Market

Submitted by marando on November 12, 2007

Category: Business
Words: 1335 | Pages: 6
Views: 219
Popularity Rank: 35,111
Average Member Grade: N/A (Add a Comment / Grade this Paper)








REPORT I: Marketing Background



































Economic Trends:
• Increase in cost for manufacturing such as packaging or ingredients.
Chocolate bars are thought of as impulse buys, which means they require no thought. This is due to how inexpensive they are. However, if an ingredient such as sugar was to rise drastically, so will the cost of the chocolate bar therefore changing the buyer’s perspective on the product class.

Social, Demographic Trends:
• Although chocolate bars are thought to have been more enjoyed by a younger consumer, crispy crunch has always focused towards older demographics. This is shown through their mature packaging commercials.

Healthier Living:
• Consumers are now watching what they eat, and want to avoid products that contain ingredients that have become deemed as fattening.

Technology:
• Internet advertising is at an all time high, and consumers are attracted to products that they can get more information on over the Internet. Also, “buzz” promotion can be created efficiently via Internet.

Political:
• French/English Packaging
• In Canada it is illegal not to have both English and French writing on the packaging.

Ingredients:
• All ingredients must be labeled on the packaging.

Market Analysis

Total Canadian Size and growth:
• From 1996 to 2000, the chocolate market enjoyed a total growth rate of 19.1% with retail sales in 2000 producing a whopping $13.7 billion.


Competitive Analysis

Market Trends:
•...

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