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Introduction to Marketing for Natural Pet Nutrition

Running Head: NATURAL PET NUTRITION PRODUCT OVERVIEW MKT 113: Final Project Part I Final Submission Natural Pet Nutrition Product Overview Victoria Leone Southern New Hampshire University NATURAL PET NUTRITION PRODUCT OVERVIEW SNHU Pet Supply understands that for nearly all pet owners, their pet is family, so they want the very best for their furry friend. That is why we created Natural Pet Nutrition. We understand that times have changed, and owners want more out of their pet food, so we have done just that. Natural Pet Nutrition is the high quality, environmentally friendly pet food customers have been searching for. The SWOT analysis below has helped SNHU Pet Supply analyze different ways to market our product. This also helped narrow our target market, as well. Natural Pet Nutrition's strengths are identified by the quality ingredients, environmentally friendly production, and the fact that there is a large market for this type of product- which makes it extremely easy to market since there are so many more customers looking for this. The newness of the product from our preexisting brand would also catch the attention of the consumer and encourage them to purchase it. Consumers are also into shopping more sustainable brands, so marketing our environmentally friendly production will cater to that specific market as well. Strengths Weaknesses High grade, nutritional ingredients Environmentally friendly production Larger market for this type of product Higher price point Lack of brand awareness Starting out with limited product availability Newness of product Consumers desire to shop sustainable brands Pre-existing company Healthier pet food is becoming more popular- more competitors More well-known brands Pet food with lower price points Opportunities Threats NATURAL PET NUTRITION PRODUCT OVERVIEW Natural Pet Nutrition's is 25-35-year-old pet owners in Portland, Oregon. These residents are primarily upper-middle class residents are up to date with all the trends- especially healthier and more sustainable lifestyle trends. They live in the city, mostly walk or ride public transportation, and most do not have kids. This demographic is ideal because our product is made with naturally sourced ingredients, its production is environmentally friendly, and it is a new offering from our preexisting brand. Combined, these attributes create the ideal product for a 30-year-old Portland resident who is looking to give their pet the highest quality food while remaining eco-friendly Our target market consumer strives to be on trend, healthy, and support smaller businesses all while staying eco friendly and living sustainably. They consider their pets family and are willing to provide them with the same quality of food they give themselves. Natural Pet Nutrition gives them all of that: SNHU Pet Supply is a small company that is fully transparent about ingredients and production, and we know how to effectively market towards a younger demographic. Natural Pet Nutrition has everything they need, without the "big business" aspect that tends to drive this type of consumer away. SNHU Pet Supply plans to market Natural Pet Nutrition through in-store marketing, social media, and targeted web ads. In-store ads showcasin