Friday, 3 October 2014

Updating the Lost Legends Luxury Chocolatier marketing plan

Lost Legends Luxury Chocolatier is a fictional startup created to illustrate a sample marketing plan in my Essential Guide to Marketing Planning text. To update this marketing plan, consider:
  • Products and marketing by competitors such as the Grown Up Chocolate Company, Hotel Chocolat, Thorntons and Paul A Young. See what they're offering, the prices they charge, the markets they serve and the flavours they're introducing.
  • The cocoa supply situation, supplier concerns and potential problems that might disrupt delivery of chocolate and other ingredients.
  • UK chocolate consumption trends and implications for future demand.
  • Social-cultural issues that affect consumption and brand loyalty, such as consumer preference for authenticity.
  • Legal issues such as new food labelling requirements to indicate allergens.
  • Technological issues such as 3D choco printing.
  • Pricing trends and consumer reaction.