3.1 Market Segmentation The market will be segmented into two groups; major and minor target groups which are: Major target market: Male and Female Ages 15 and above Students and Faculty of San Beda College Customers who like to eat fruits Minor target market: Customers who earn middle to high income Street vendors Commuters Maruja Dips will focus on the two target groups: major and minor target groups. To penetrate both of these target markets, a product sample will be distributed in order to introduce the different varieties of the Maruja Dips. Maruja Dips greatest concentration will be the students and faculty of San Beda College and the customers who like to eat fruits. As a start-up business, the promotion within the said school will enable Maruja Dips to further develop the product based on the consensus of the students and faculty. 3.2 Target Market Segment Strategy This new innovation to the desserts with dips would be a challenge to the dessert Dips. Dessert Dips will develop the flavors of the dips to compliment the taste of the desserts by taking note of the consensus of the target markets. dessert dips will be a mobile business that would take the products to the customers. Visiting different schools and transportation locations would become a tremendous, painless way for the business to gain a financial reward while providing a pleasant and fulfilling benefit to the consumers. 3.2.1 Market Needs The market nowadays craves for something that is new and at the same time will satisfy their taste buds. And that is what our business is willing to give the market, the innovation of their favorite snacks/desserts that will satisfy their appetites. 3.2.2 Market Trends 3.2.3 Market Growth 3.3 Key Customers
3.4 Future Markets
3.5 Competition 3.5.1 Competitors and Alternatives 3.5.2 Our Advantages (see an example)