Marketing Strategies of Almarai
Marketing Strategies of Almarai
Market Segmentation
The Market Segmentation refers to the approach brands used to separate its target
market into various portions to upgrade the marketing and advertising efforts. The
Almarai Company has a wide scope of products which shows that the organization
needs to receive a specific market division technique to execute and showcase its
item so the promoting for its various items get simpler and the necessary interest of
its items could improve.
The Four sorts of market segmentation helps in focusing on the particular
clients/customers and fulfilling their needs.
Demographic Segmentation
The Demographic Segmentation isolates the market in different factors which
helps in targeting on the particular market of buyers based on their age, gender,
pay, schooling level and so on. The different products the organization offers to its
clients follows a demographic segmentation as the focused on age gathering of its
products are babies and young people.
For the newborn child Almarai offers attracting product and focuses on the babies.
The other dairy products it offers like new milk, yogurt and cheddar are the
products generally utilized by grown-ups. The product it offers are not gender one-
sided. Both male and females are focused through its items. Almarai is a brand
name and generally taught individuals are worried about the brands in this way the
focused on customers are instructed. Likewise it is a costly brand which focuses on
the purchaser of upper pay level.
Social Segmentation
The manner in which the customers settle on choice with respect to the acquisition
of anything cover this kind of division. The mentality towards the brand, the
information on the brand, the manner in which they use.
Geographic Segmentation
Through Geographic division the objective client depend on the geographic limit
that is Urban Areas, States and Nations. Almarai Company offers its products in
Egypt, Gulf locale and Jordan, hence focusing on various target market in various
nations simultaneously with its enhanced items.
Psychographic Segmentation
This segmentation center around the inherent qualities the client/customer has. For
example qualities, interests, mentalities, way of life and sentiments. The target
customers currently are more careful about the nature of food they burn-through.
Almarai's solid brand name accompanies the nature of its products. The great of its
products pulls in the clients of various qualities, interests, perspectives and way of
life.
Marketing Mix (4 P’S)
Advantages:
Could acquire scale and effectiveness these business sectors.
High capital speculation.
Long term advantage in development.
Disadvantages:
Political danger.
Unfavorable climate conditions.
May affect local people business in these business sectors.
Conclusion:
More or less, Almarai Company is a market chief and a perceived brand in food
and dairy industry as it offers wide scope of items. The abrupt changes in the
legislative strategies influencing the organization in a troublesome angle could be
overseen by reacting to the progressions proficiently and growing its offer in the
market through additional extension in new items market.
Almarai Company may build a large-scale dairy farm in new markets such as in
Iraq, Pakistan and Turkey for long term benefits and in Indonesia, Malaysia, and
Sri Lanka. As these markets are considered to have a high consumption of dairy
products especially milk but the expansion may lead to some governmental issues
among countries.
Pros:
• High capital investment.
• Long term benefit in expansion.
• Could bring scale and efficiency in these markets.
Cons
• Political risk.
• May impact the locals business in these markets.
• Unfavorable weather conditions.
Conclusion:
In a nutshell, Almarai Company is a market leader and a recognized brand in food
and dairy industry as it offers wide range of products. The sudden changes in the
governmental policies affecting the company in an unfavorable aspect could be
managed by responding to the changes efficiently and expanding its share in the
market through further expansion in new products market