Evaluation of Entry into Ice cream Business - BRAC University ...
Evaluation of Entry into Ice cream Business - BRAC University ...
Evaluation of Entry into Ice cream Business - BRAC University ...
Create successful ePaper yourself
Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.
6.1 Target Group <strong>of</strong> <strong>Ice</strong> <strong>cream</strong><br />
6.0 CONSUMER ANALYSIS<br />
Who are the consumers <strong>of</strong> ice <strong>cream</strong>? This question does not have a clear answer. <strong>Ice</strong> <strong>cream</strong> is a<br />
food for all. It is the only food consumed by a human being at less than 0 degree centigrade<br />
temperature and people <strong>of</strong> all ages feel indulged to have it. However, we can determine focus target<br />
groups for both branded common format and artisan boutique ice <strong>cream</strong>. Group discussions and<br />
market visits were done to get insight <strong>into</strong> the consumers along side resources form secondary<br />
sources. Age based target group is common for both segments but variation among the groups occur<br />
mainly based on SEC and DMFI classification.<br />
6.1.1 Geographic Group:<br />
Branded ice <strong>cream</strong> remains an urban product till date. Geographically branded ice <strong>cream</strong> has reached<br />
urban and semi urban areas up to Thana Head Quarter levels. <strong>Ice</strong> <strong>cream</strong> has reached areas where<br />
electricity is available. Small artisan players are available in places where large branded players have<br />
no distribution.<br />
6.1.2 Target Age Group:<br />
Age wise grouping <strong>of</strong> target consumers is as follows:<br />
� Urban kids in the age group <strong>of</strong> 5-14<br />
� They mainly consume normal sticks, cups, cones innovative fillers and water ice <strong>cream</strong>s.<br />
� Urban youth in the age group <strong>of</strong> 15-24<br />
� They consume premium and extrusion sticks and cones.<br />
� Urban mothers in the age group <strong>of</strong> 25-35<br />
� They determine the family purchases. Even when the father purchases ice <strong>cream</strong>, decision is<br />
taken by them.<br />
Consumption pattern <strong>of</strong> various age groups are depicted in the following chart.<br />
<strong>Ice</strong> <strong>cream</strong> consumption pattern<br />
20%<br />
50%<br />
30%<br />
05 to 14 yrs 15 to 24 yrs 25 to 35 yrs<br />
Figure 11: Target Group wise Consumption Pattern<br />
<strong>Evaluation</strong> <strong>of</strong> <strong>Entry</strong> <strong>into</strong> <strong>Ice</strong> <strong>cream</strong> <strong>Business</strong> for Bangladesh Limited 42