Consumer Buying Decision at Ethel’s Chocolate Lounges; Consumer buying decision at Ethel’s is tied to routine purchases. Based on the case study, businesses in the confectionary industry and research results by Datamonitor reveal that chocolates are the “new coffee,” such that people routinely purchase chocolates like they would purchase coffee on a regular basis.
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Ethel’s Chocolate Lounge created by the Mars organization may prove to be an excellent marketing strategy to boost chocolate sales. The Lounge will cater to the female consumer that may belong to the middle to high income demographic. These groups of women have disposable incomes and will be intrigued by the “upscale look and classy feel”.
Ethel M Chocolates specialty premium chocolate candy bars are perfect for enjoying alone, or sharing with friends and family as a gift. Use as a stocking stuffer, break up and use in cooking or just a self indulgence. Made with our Ethel M signature gourmet milk dark and white chocolates and available in a variety of flavor fillings including caramel peanut butter mint raspberry and solid.
Ethel’s Chocolate Lounges, created by Mars Corporation in 1911 are chocolate focused cafes. Mars Corporation opened Ethel’s chocolate lounge in April 2005 entering into competition with retail outlets like Godiva and Starbucks whose sales grew by nearly 20 percent between the years 2002 to 2004. Same way coffee lovers flock to Starbucks for high priced java, sweet-toothed consumers took to.
Chocolate consumers who purchase chocolate from Ethel’s Chocolate Lounges are the regular consumers of chocolate based in the upscale boutiques and those from the middle class. This is because in the case study it has been stated that one does not need to be a millionaire in order to enjoy a sweet chocolate from Ethel’s Chocolate Lounges (Charles et al., 2011, p.228).
Strategic Analysis Of Nestle Company Management Essay. 4956 words (20 pages) Essay in Management. This is not an example of the work produced by our Essay Writing Service. You can view samples of our professional work here. Any opinions, findings, conclusions or recommendations expressed in this material are those of the authors and do not.