Monday, 13 May 2013

L02: Market Research


AFTER MARKET RESEARCH
Reflecting from our audience questionnaires I have been able to analyse the data into relevant categories. Below are some representations of the primary data we collected from a sample of thirteen individuals. We have narrowed our results to give simplify our target market. 
Age group
16- 20 Yrs
Mode
SKY
Watch With
Siblings
Hours of TV
10 - 15
Use of Product
Yes
Approx Cost
£0.51 - £1
As our target age group is aimed towards individuals aged thirteen to forty five years old, we are able to attract their attention because the individuals we surveyed fell between the intervals 16 - 20 years old. From the analysis, we will be broadcasting our advert on Sky, which will be viewable from 4pm to 1am. This is because from our research we were able to identify that representative sample of mainly 16 -20 year olds watched television for 10 - 15 hours, mostly from 5pm till late. We will be continuing to advertise this product as all of our respondents said that they would purchase our product. The price range of our energy drink will be £0.69 for cans and £1.19 for a bottle. The available flavours of the energy drink will be; tropical, fruit burst, cherry and the traditional orange flavoured energy drink.


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