Highlights
Loblaw’s mission is to be Canada’s best food, health and home retailer by exceeding customer expectations through innovative products at great prices. • George Weston Ltd vision: Weston’s vision is centred on three main principles: growth, innovation and flexibility. Weston seeks long-term, stable growth in our operating segments while accepting prudent operating risks through continuous capital investment. AREAS TO BE ADDRESSED IN YOUR REPORT
1. Describe the new product line and the category the product will fit in to must be new to Loblaws yet aligned with its mission and the vision of its parent company George Weston Ltd.
2. Identify and describe the target market (using the segmentation variables) for this new product and the need it satisfies. (8)
3. Describe two (2) competitors for the new products that Loblaws will introduce and identify how Loblaws’ new products will be different/better.
4. Prepare a brief marketing program as to how Loblaws might launch this new product line. Your plan must include (at least): Objectives, Market Overview and all elements of the marketing mix- an elaborate product, price, distribution and communication strategy (promotion mix). (10) Single spacing, please Deadline is 12 April Please check the website before introducing the new product line of Loblaws
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