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INDEX
Introduction
The reason why we chose this brand
Body
Analysis of the external environment
1. Market Analysis
2. Competitor Analysis
Analysis of the internal environment
1. Market segmentation, targeting, positioning (STP)
2. 4P Analysis of Cold Stone
3. Customer Features of Cold Stone
4. Problems Related to 4P Strategy
SWOT Analysis
Conclusion
Solution and Marketing Strategy
The reason why we chose this brand
Cold Stone is a chain of ice cream parlors specializing in premium fresh made ice cream and also offering a complementary of frozen yogurt, cakes, pies, smoothies and other sweet goods. For vision, the company aims to provide happiness and a one-of-a-kind experience to the customers, and be recognized for that premier service throughout the world. Cold Stone was first opened in Arizona of the Unites States in 1988. After seeing a huge success, the firm ¡¦(»ý·«)
groups. The first group is common ice cream market and the second is premium ice cream market which will be explored further in this report. The global sales of ice cream demonstrate that 90% of the sales are the concentrated between the months of April and September, which is the hot season. However, the sales during the off-season during recent five years revealed that the sales of this season increased more than 10%. This may indicate that there is a growing trend for ice cream to be enjoyed outside the summer season.
Common Ice Cream Market
By the term ¡°common ice cream market¡±, we mean to indicate the market that sells frozen desserts in supermarket or convenience store. This common ice cream market has two main traits. The first trait is that the price is low, and the second trait is that there are many distribution channels. As there are lots of distribution channels, consumers are able to access to the products more easily. Based on these two main traits, the common ice cr