Home > Free Essays > Business > Marketing Project > Kakao Brand Marketing and Potential Partnership
Rate

Kakao Brand Marketing and Potential Partnership Report (Assessment)

Exclusively available on IvyPanda Available only on IvyPanda
Updated: May 6th, 2021

Target Profile

Target Audience: Families who Appreciate Spending Time Together

Demographics

  • Male and female (more heavily female);
  • Age 14-60;
  • High school, college, university, graduated, working;
  • Parents come with their children, thus different education levels;
  • Average annual income: $200,000+ household income;
  • Marital status: adults – married.

Geographics

Targeting cities in the state of Missouri located close to Lake Ozark:

  • St. Louis, MO;
  • Maplewood, MO;
  • Chesterfield, MO;
  • Columbia, MO;
  • Joplin, MO;
  • Springfield, MO.

Psychographics

  • Treasure time spent with their family;
  • Enjoy relaxation;
  • Love active leisure;
  • Have high family values;
  • Appreciate status brands but are willing to try something new;
  • Not very social, but polite and well-educated (parents);
  • Sociable and enjoying something new (children);
  • Involved in community activities;
  • Cautious about their finances;
  • Plan everything.

Purchase Behavior

The purpose of buying Kakao brand products is to make a treat for a family. Other terms which might fit are: buying chocolate as souvenirs and variety seekers.

Brand Extension and Cooperation for Kakao

  1. I think it would be a good idea to extend Kakao products into biscuit making and organize the collaboration between Kakao and BelVita.
  2. BelVita is known for its healthy biscuits rich in energy and nutrients. Kakao Chocolate uses only natural ingredients, which will provide a perfect combination of healthy snacks with various unique flavors.
  3. Such a partnership will be successful because people are becoming more conscious about what they eat. If chocolate is viewed mainly as a dessert, its combination with biscuits will be considered a good idea of a snack. People might take such snacks to work or give them to their children to eat during a break at school. Both companies have different advertising methods which will double when they start to cooperate. Thus, both Kakao and BelVita will benefit from such cooperation.

Discussion Questions

A Brand I Love

Since the early childhood, I have loved Coca-Cola products. I realize now that part of my admiration was due to the taste and another part – due to the company’s branding strategies. The image of a huge truck with Santa Clause bringing the refreshing drinks is one of the most magical pictures from my childhood. The music has become a legend, and I believe I am one of many thousands or even millions of people who can say that Coca-Cola has a flavor of childhood and happiness.

The company’s recent marketing activities support my feelings towards the brand. On its official website and social pages, Coca-Cola promotes the idea of love and support through charity and various events making people closer. The company invites its customers to share their stories, which creates intimate connections between the brand and its consumers. Also, Coca-Cola organizes a lot of promotional events with gifts that contain its logo and provide even better awareness about the products it suggests. I think this brand will never stop being admired.

Energizer Bunny

The mascot of Energizer batteries brings huge benefits to the brand. The Energizer Bunny is a fantastic personification of vigor and liveliness which is promised by the company. The mascot is integrated into every branding element. It corresponds to the company’s logo and character and produces an impression of a never-dying source of energy.

I buy these batteries because of their high quality and because of their mascot. On the subconscious level, I have a feeling that this Bunny will stay alive if not forever, then at least for a very long time. And this is exactly what is expected of a good battery.

This assessment on Kakao Brand Marketing and Potential Partnership was written and submitted by your fellow student. You are free to use it for research and reference purposes in order to write your own paper; however, you must cite it accordingly.
Removal Request
If you are the copyright owner of this paper and no longer wish to have your work published on IvyPanda.
Request the removal

Need a custom Assessment sample written from scratch by
professional specifically for you?

Writer online avatar
Writer online avatar
Writer online avatar
Writer online avatar
Writer online avatar
Writer online avatar
Writer online avatar
Writer online avatar
Writer online avatar
Writer online avatar
Writer online avatar
Writer online avatar

certified writers online

Cite This paper
Select a referencing style:

Reference

IvyPanda. (2021, May 6). Kakao Brand Marketing and Potential Partnership. Retrieved from https://ivypanda.com/essays/kakao-brand-marketing-and-potential-partnership/

Work Cited

"Kakao Brand Marketing and Potential Partnership." IvyPanda, 6 May 2021, ivypanda.com/essays/kakao-brand-marketing-and-potential-partnership/.

1. IvyPanda. "Kakao Brand Marketing and Potential Partnership." May 6, 2021. https://ivypanda.com/essays/kakao-brand-marketing-and-potential-partnership/.


Bibliography


IvyPanda. "Kakao Brand Marketing and Potential Partnership." May 6, 2021. https://ivypanda.com/essays/kakao-brand-marketing-and-potential-partnership/.

References

IvyPanda. 2021. "Kakao Brand Marketing and Potential Partnership." May 6, 2021. https://ivypanda.com/essays/kakao-brand-marketing-and-potential-partnership/.

References

IvyPanda. (2021) 'Kakao Brand Marketing and Potential Partnership'. 6 May.

More related papers
Psst... Stuck with your
assignment? 😱
Hellen
Online
Psst... Stuck with your assignment? 😱
Do you need an essay to be done?
What type of assignment 📝 do you need?
How many pages (words) do you need? Let's see if we can help you!