Transcript Lawry's.ppt
1. 2. 3. The rationale behind Lawry’s marketing strategy was to emphasis quality instead of price or any other aspect of the product. Targeting readers of magazines such as Woman’s Daily, Sunset, and California was a very smart strategy because: The audience for such magazines are usually upscale and most likely they are going to emphasis more on the dressing quality instead of it’s price. The majority audience are woman who are either at home with kids or trying to improve the quality of their home cooking. A common factor between Woman’s daily, Sunset, California, and Better Homes & Gardens Is the Food or Cooking section in all those magazines. So using Lawry’s Dressing ads in all of them increased the awareness among those audience which in turns increased the likelihood of buying the product. Lawry’s Dressings have 15% of retailer shelf space and only a 6% percent market share is because there are other competitors in the market that divide up the market share among them. And while Lawry’s dressings could occupy a decent shelf space, it cannot expect the market share to be the same since people who are looking for lower prices and other aspects than the quality are more likely to purchase a competitors product.