A Swedish company Matkultur AB had a big success with a line of frozen dinner meals. The line included several well known Swedish and international meals. In order to grow sales company decided to go after the market of Baltic countries. The research showed, in the taste test, that meals are well received and there were no significant

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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A Swedish company Matkultur AB had a big success with a line of frozen dinner meals. The line included several
well known Swedish and international meals. In order to grow sales company decided to go after the market of
Baltic countries. The research showed, in the taste test, that meals are well received and there were no significant
complaints on taste or visual appearance of food or packaging. However, the price sensitive markets of these
countries resulted in change of the target group of the customers. While at the home market the frozen meals
were favored by young population, with high level of English proficiency and well knowledgeable on global popular
culture, in the new market the main target group proved to be much older, more conservative and affluent group of
customers. In Sweden customers praised convenience and affordability, while in the Baltic countries the main
reason for purchase was foreign origin and gourmet experience. Which marketing mix strategy makes the most
sense in such circumstances:
Select one alternative:
O Product adaptation communication extension
O Product extension - communication adaptation
O Dual extension
O Dual adaptation
O Innovation
Transcribed Image Text:A Swedish company Matkultur AB had a big success with a line of frozen dinner meals. The line included several well known Swedish and international meals. In order to grow sales company decided to go after the market of Baltic countries. The research showed, in the taste test, that meals are well received and there were no significant complaints on taste or visual appearance of food or packaging. However, the price sensitive markets of these countries resulted in change of the target group of the customers. While at the home market the frozen meals were favored by young population, with high level of English proficiency and well knowledgeable on global popular culture, in the new market the main target group proved to be much older, more conservative and affluent group of customers. In Sweden customers praised convenience and affordability, while in the Baltic countries the main reason for purchase was foreign origin and gourmet experience. Which marketing mix strategy makes the most sense in such circumstances: Select one alternative: O Product adaptation communication extension O Product extension - communication adaptation O Dual extension O Dual adaptation O Innovation
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