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Chocolate Market
In 2007 the global market for chocolate was estimated at US$6.95
billion
The reasons behind the growth of sales and consumer awareness :
Wider availability of premium chocolate at the retail level.
High levels of new product activity.
Consumers becoming attracted to dark chocolate on account of
its health benefit.
Ethical concerns have increased demand for organic and Fair-
trade chocolate.
(MarketResearch. (2001, February 1). The Chocolate Market. Retrieved March 16, 2009 from
http://www.marketresearch.com/product/display.asp?productid=186930&g=1)
Competitors
Nestle
Cadbury
Hershey
Ferrero Spa
Levels of a Product
Core Product
Actual Product
Augmented Product
Levels of a Product
Sweet and
Tasty
Confectionary
Branding Packaging & Labelling
Segmentation
Geographic
Demographic
Psychographic
Behavorial
Targeting
Evaluating Segments
Target Market
Concentrated Marketing
POSITIONING
High perceived quality and status
Ferrero
Rocher
Limited service Extensive
personalised
Less personal
service
Heryshey’s (2008, June 11). Newsroom. Retrieved March 13, 2009 from
http://www.thehersheycompany.com/about/