Organic juice is a type of drink made by extracting or pressing the natural liquid from fruits and vegetables. It can also be a liquid flavored with concentrate and other types of food such as meat; a good example of this is clam juice. Juice can be consumed as a beverage, used as a flavoring or ingredient in foods (Yang, and Bristol, 2003). The introduction of pasteurization methods made juice a popular beverage since it enabled its preservation without the need for fermentation.
Organic juice may be processed by following a general procedure although this may differ depending on the type of juice being prepared. The general procedure is as outlined below:
A smoothie is a thick beverage that is made using crushed raw fruits and vegetables by use of a blender (Roberts, 2018). When blending smoothies, other ingredients are used which include water, dairy products, sweeteners, fruit juice, crushed ice, etc. The ingredients and proportions of each one of them used in the making of a smoothie determine how healthful a smoothie can be. Smoothies can be recommended for a healthy diet but they should not contain too much sugar as this will pose health problems.
Market segmentation is the process of dividing broad consumer markets into groups that are made up of existing and potential customers. This division is based on the characteristics that the different categories of consumers have in common which include common interests, similar needs similar lifestyles. The main purpose of market segmentation is to identify the most profitable segments or those that have a high potential for growth so that an organization can focus on them (Venter, Wright, and Dibb, 2015).
Basing on our choice of branded products, i.e, juice and smoothie, market segmentation can have an effect on the two products as explained below;
This is the widely applied method by companies who have the intention of getting to know the right population interested in using their products. Variables such as age, gender, income, occupation, religion, nationality, race and family size are used when segmenting the market.
Demographic segmentation can be of great help when selling marketing organic juice and smoothie since the company will only target that group that is interested in the consumption of beverages. Target groups can be determined in terms of age, income and occupation.
This is a type of market segmentation where the population is divided based on their behavior, preference in terms of usage and how they make their decisions. People may have a preference for their usage depending on the activities they associate themselves with. Young people will also prefer using certain products which the elderly may not be comfortable using them. Products are mainly tailored to meet what the different classes like. Also, the buying patterns change according to change in seasons (Susilo, 2016).
Under this category, market segments are defined based on people’s lifestyles, their interests, activities, and opinions (Weinstein, and Cahil, 2014). Psychographic segmentation is more similar to behavioral segmentation but takes into consideration the consumer buying behavior. There are people who prefer having into possession the latest products while others will go for anything be it old or latest. Psychographic segmentation puts this into consideration t be able to tell what is actually required by the customers (Mishra, 2016).
This type of segmentation divides people based on their geographical locations since there is a high probability that people in different geographical locations will have different preferences when it comes to usage of different products (Brian, 2015). The climatic conditions in these different locations can be the main reason why people’s needs may differ.
Consumers’ buying behavior is affected by a number of factors, i.e, cultural factors, social factors, political factors, religious factors and individual factors as illustrated in the figure below;
Consumers will always go through a series of steps before finally making a purchase (Solomon et al. 2014). An organization has to have this knowledge for its own advantage when marketing its products. It must come up with the best strategies of making consumers settle off for their product whenever they want to make a purchase (Tanner, and Raymond, 2015).
The steps a consumer goes through when making a purchase include the following:
Development of a Marketing Strategy For Organic Juice and Smoothie
There are a number of beverages in the market that consumers can buy to satisfy their needs. As a result of this, an organization processing organic juice and smoothie has to ensure that it comes out as the best alternative consumers will always buy. A number of considerations have to be met for this to be realized. An organization has to always be strategic when trying to market its products. The following should be put into consideration;
Marketing can be defined as the process of putting the right product in the right place, at the right price and at the right time (Baker, 2016). Substantial effort is required to make this simple statement a reality since every element has to be in order for a product to be successful no matter how promising it can be. For this reason, application of a marketing mix can be the best way to making a marketing a success. The marketing mix is always in the form of the 4 P’s of marketing which are product, place, price, and promotion (Resnick et al. 2016). This can be extensively be discussed as shown below;
Many products in the market always have their definite consumers (Sekaran, and Bougie, 2016). Consumers tend to go for a particular brand whenever they want to make a purchase of that kind of product. Coming up with a new product may prove difficult in trying to divert the attention of consumers from their trusted brands to now buy, test and trust the new product as their number one choice whenever such a need arises. For this reason, substantial effort has to be made in marketing the product so that it can supersede the existing products.
There are so many kinds of drinks that consumers can choose from. To make organic juice and smoothie be their number one choice requires relentless effort on the part of the processing organization in marketing the products (McDolnald, and Wilson, 2016). This can be done through the following;
Adopting these strategies in marketing organic juice and smoothie may be of great help in gaining a new market by trying to divert the attention of consumers from existing products.
Conclusion
Organic juice and smoothie being new products in the market need a complete integration of the marketing mix for them to gain a substantial market share. There should be relentless efforts to create awareness among the potential consumers about the two brands for them to be known and consumed by the customers.
References
Antoncic, B., Auer Antoncic, J. and Aaltonen, H.M., 2016. Marketing self-efficacy and firm creation. Journal of Small Business and Enterprise Development, 23(1), pp.90-104.
Baker, M.J., 2016. What is marketing? In The Marketing Book (pp. 25-42). Routledge.
Brian, J., 2015. Segmentation Marketing: A Case Study on Performance Solutions Group, LLC.
Gattorna, J., 2017. Introduction. In Strategic supply chain alignment (pp. 15-21). Routledge.
Hague, D., 2018. Pricing in business. Routledge.
McDonald, M. and Wilson, H., 2016. Marketing Plans: How to prepare them, how to profit from them. John Wiley & Sons.
Mishra, A., 2016. Psychographic segmentation.
Resnick, S.M., Cheng, R., Simpson, M. and Lourenço, F., 2016. Marketing in SMEs: a “4Ps” self-branding model. International Journal of Entrepreneurial Behavior & Research, 22(1), pp.155-174.
Sekaran, U. and Bougie, R., 2016. Research methods for business: A skill building approach. John Wiley & Sons.
Solomon, M.R., Dahl, D.W., White, K., Zaichkowsky, J.L. and Polegato, R., 2014. Consumer behavior: Buying, having, and being (Vol. 10). London: Pearson.
Solomon, M.R., White, K., Dahl, D.W., Zaichkowsky, J.L. and Polegato, R., 2017. Consumer behavior: Buying, having, and being. Boston, MA, USA:: Pearson.
Susilo, W.H., 2016. An Impact of Behavioral Segmentation to Increase Consumer Loyalty: Empirical Study in Higher Education of Postgraduate Institutions at Jakarta. Procedia-Social and Behavioral Sciences, 229, pp.183-195.
Tanner, J. and Raymond, M., 2015. Principles of marketing. University of Minnesota Libraries Publishing.
Venter, P., Wright, A. and Dibb, S., 2015. Performing market segmentation: a performative perspective. Journal of Marketing Management, 31(1-2), pp.62-83.
Weinstein, A. and Cahill, D.J., 2014. Lifestyle market segmentation. Routledge.
Yang, B., Bristol-Myers Squibb Co, 2003. Juice based beverage compositions. U.S. Patent Application 10/091,149.
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