Snazzy should implement a market targeting strategy for its new line of energy drinks by focusing on specific market niches, which is a form of demographic segmentation. This strategy is suitable for companies like Snazzy that have limited resources and can choose to serve only a few special segments that competitors overlook or ignore. The niches market for Snazzy energy drinks consists of male teenagers and people who are fatigued, overworked, and lack sufficient energy. Snazzy's energy drinks are well-suited for this niche market as they are appealing and beneficial to individuals. In addition to targeting a particular age group, Snazzy can also make their marketing efforts more exclusive by focusing on dedicated groups such as sports fanatics, pro-gamers, and hip-hop enthusiasts. This approach highlights Snazzy's orig
...inality and differentiation from other energy drink brands. Furthermore, Snazzy can also target groups of people who value environmental efforts, as the brand promotes all-natural sodas and social responsibility.
The company itself is highly credible, making it a desirable choice for CEOs. This reputation can attract people who value social responsibility, and the product may be particularly appealing to this group. The consumer behavior characteristics that are likely to influence purchases of the new Snazzy energy drink are socio-demographic characteristics, Sock identity, masculine norms, and risk-taking behaviors. Since most energy drinks target young males and teenagers, these characteristics are expected to influence consumers' decisions to purchase the product. The purpose of the energy drink is to provide energy for individuals.
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