Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Ilocos Taste instant noodles have been in the industry for 15 years. The brand has earned its position as number one instant noodles among lower

Ilocos Taste instant noodles have been in the industry for 15 years. The brand has earned its position as number one instant noodles among lower class market because of its affordability and its distinct Filipino flavors such as Beef sinigang, seafood pinangat and chicken sinampalukan noodles. The management of Ilocos Taste would like to step up its position in the market. They want to conquer the middle-class market.

From the given case study, answer the following:

a. What will be the marketing goal, marketing strategy and marketing tactics of Ilocos Taste to conquer middle-class market?

b. How will you describe the external marketing environment of Ilocos Taste?

1. Micro-environment

A. Consumer

B. Competition

C. Public

2. Macro-environment

A. Political

B. Economic

C. Socio-cultural

D. Natural

E. Technological

F. Demographic

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

Business research methods

Authors: William G Zikmund, Barry J. Babin, Jon C. Carr, Mitch Griff

8th Edition

978-032432062, 0324320620, 1439080674, 978-1439080672

More Books

Students also viewed these Marketing questions