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Introduction to Marketing and Target Market Analysis

DUKES' Naturals Target Market MKT 113: Final Project Part I Milestone Two DUKES' Naturals Target Market Joseph Harrison Southern New Hampshire University DUKES'Naturals Target Market 2 SNHU Pet Stores are happy to announce the addition of a totally new, fully natural, and organic pet food called DUKES' Naturals.With the introduction of this new food we would like to bring everyone up to speed on the launch and target market that we will be aiming for. The food will be available in our flagship stores and online. The reason for this new brand is to target an audience that we have previously only had limited exposure to, the Sports and Outdoor market. The target market for this new product is going to be the segment market of middle aged men and women who like to hunt, fish, and spend time outdoors with their pets. Were hoping to reach the Sports and Outdoor market that is currently worth $20,961m annually in 2018. The revenue in this market is expected to hit $31,634m by 2022.(Statista, 2018) Were going to do this by promoting the brand as a pet food specially formulated for sporting dogs. Dogs that hunters and outdoors men/women use to help retrieve and track wild game. The launch area for this food is going to be in a smaller market in the 75143 area zip code to help minimize our losses while gaining a strong foothold in the local market giving us something solid to build on. This target audience is also part of the growing $36,419m market that is currently generated by the DIY, Garden and Pet market. We believe this brand will speak to people who are looking to give their pets the highest quality food while also helping them maintain a strict regiment of training for their hunting companions. While other food on the market may try to do this, we are pioneers in capturing the fully balanced diet that focuses on appropriate nutritional value, high meat as well as fiber content and importance we link with freshness. The flavors are also designed, to mimic what your pet would feed on in the wild such as Duck, Rabbit, Deer as well as other commonly known game animals. In addition to that, the fresh food will be perfectly DUKES'Naturals Target Market 3 balanced with added focus on supplements that will benefit bone and joint health, healthy digestive system, and vitality. This market of people spend lots of money on their dogs health and paying a slightly higher premium for something that is made specifically for their hunting partner. With the addition of DUKES' Naturals into market SNHU Pet Supply looks to continue its proud history of providing a quality product. The aim of getting of piece of the Sports and Outdoor market is a tough market for pet food to break into. By launching in this small market it gives us a chance to see how well received the product is. The hunting market is huge and we believ