Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Frida(Links to an external site.) offers a range of products that are designed to make awkward, difficult, and unpleasant childcare moments easier. The firm's founder,

Frida(Links to an external site.)offers a range of products that are designed to make awkward, difficult, and unpleasant childcare moments easier. The firm's founder, Chelsea Hirschhorn, found inspiration in difficult parenting moments. For example, the challenge of brushing a toddler's teeth led her to design a wraparound toothbrush that makes the task easier. The firm offers over a dozen products that aim to make it easier to handle unpleasant baby care tasks. By focusing on this specific market, the firm believes it can produce products that meet parents' needs better than larger personal care product manufacturers that serve a broad range of customers.

Frida MomA labor of love(Links to an external site.)

Its products include the following.

  • NoseFrida: a device to suck out mucous from baby's nostrils
  • MediFrida: a combination syringe and pacifier that makes giving liquid medicines easier
  • NailFrida: a nail clipper designed to make clipping a baby's nails easier
  • DermaFrida: a bath brush to keep a baby's skin smooth and itch-free

The firm's products meet a focused market need and are now carried at over 18,000 Targets. Fridababy is one of Amazon's top baby care brands.

  • What are the advantages and disadvantages of a focus strategy?
  • Is Fridababy limiting it opportunities by focusing on one market segment? Should they look to expand to develop products for older children?
  • What are the advantages of competing in a fragmented industry? What are the disadvantages?

Reference

Segran, E. 2017. A nose for business. Fast Company. September, 32-34.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Electronic Media Management

Authors: Peter Pringle, Michael F Starr

5th Edition

024080872X, 978-0240808727

More Books

Students also viewed these General Management questions