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Market resarch for toys industry
Essay specific features
Written by:
Myra S
Date added:
September 23, 2015
Level:
University
Grade:
B
No of pages / words:
11 / 2898
Was viewed:
541 times
Rating of current essay:
Essay content:
The name is Bozzy Toy
Company: The Company chosen for producing this product is Toys R s
Market Situation:
? Highly differentiated competitive market
? Many market drivers e.g. decreasing child population, increasing PDI
? Demand for consoles & computer games growing faster than for traditional toys
? Internet buying is large section of the market
Future Market goals:
? Build robust and enduring strategies
? Diversification of products to maintain its position
? Emphasis on customer satisfaction – customers believe that Toys “R” Us are the best at what they do
? lack of intermediaries
? strong ‘In Stock Position’
Conclusion:
Toys “R” Us, are the largest toy specialty retailing chain...
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The key to their success is widest choice and everyday prices. At Toys “R” Us customers can feel confident of finding a suitable toy and paying a price which is unlikely to be beaten a rival outlet.
Description of one target market and buyer behavior:
The target market is grandparent in particular the young grandparents and below is why this segment was chosen and the target market behavior...
displayed 300 characters
General issues of this essay:
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