Tuesday, May 7, 2019
R. Twining and Company Limited Assignment Example | Topics and Well Written Essays - 750 words - 1
R. Twining and Company circumscribed - Assignment ExampleThese may be seen as primary areas for Twinings to focus on in the development of a future marketing strategy.Unilevers second tea brand Lipton has had considerable triumph in marketing its range of products including iced teas at a relatively young market segment. This may be seen as an area further development.Changing consumer demands have seen a need for producers to change product portfolios in recent years. In general the customer may be seen as looking for healthier pickaxe moving away from instant tea and toward alternatives such as green and fruit teas (Parsons and MacLaran, 2009)In general customers may be segmented by type of product consumed and by demographic considerations, such as age (Kotler et al 2009). Key customer product segments include general black tea, healthier options such as green and fruit teas and alternatives to traditional products such as iced teas.While the power of the supplier may be see n as relatively low, given the commodity nature of the product (Porter, 2004). The major problem for producers such as Twinings is that suppliers in recent years have suffered from several years of poor harvests (OECD, 2009, 2010). As such, overall production has fallen and thus an overall rise in prices has been felt in the market. get on distribution takes place in the restaurant and catering sector, Twinings may seek to develop a competitory advantage here marketing their teas and alternatives as a premium product suited to the distribution argumentIn summary, the external macro environment in which the tea industry operates in may be seen as generally stable with almost static sales volumes and a number of key branch areas. While the market is generally stable, this is the possibility of further rising costs due to environmental concerns in the come seasons (OECD, 2009,
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