Marketing Report on Dairy Farmers

Topics: Milk, Marketing, Dairy Pages: 8 (2439 words) Published: May 18, 2008
TABLE OF CONTENTS Page Executive Summary 2 1.0THE MARKET 5 1.1Target Market 5 1.2Brief Overview of Australia’s flavoured milk beverages industry 5 1.3 Market Segmentation 6 2.0THE COMPANY 7 2.1Dairy Farmers 7 2.1.1Background Information on Dairy Farmers 7 2.1.2Core products/services of Dairy Farmers 8 2.1.3Mission and strategic objective of Dairy Farmers 9 2.1.4SWOT Analysis of Dairy Farmers 9 2.1.5Targeting Strategy of Dairy Farmers 10 3.0MARKET AND PRODUCT EVALUATION 11 3.1Evaluation of Market segments 11 3.2Market potential of milk beverages industry 11 3.3Competitive Assessment 11 3.4Market segments that require further consideration 12 3.5Market segments that need elimination 12 3.6Selected specific target markets 12 3.7Viable market segments 13 3.8Differences and Similarities of selected viable segments 13 3.9Market, Brand and Competitive positioning for selected products 13 3.10 Product positioning for each target segment 14 References 15


1.1 Target Market
With the exception of people allergic to milk and milk products, the target market for Oaks iced coffee flavoured milk is the entire population of Australia and the Asian Pacific region. Wikipedia (2007a) estimated the population of Australia as 20,728,235. As a convenience product, flavoured milk beverage is relatively cheap, frequently used and should be affordable by most segments of the population. Lee (2004) estimated that the average Australian drank about 9.5 litres of flavoured milk in 2004.

1.2 Brief Overview of Australian’s flavoured milk beverage industry The Australian flavoured milk beverage market is currently estimated as 486 million dollars. The market is dominated by five major competing companies, namely National Foods (Fonterra), Dairy farmers, Parmalat Group and Coca cola. In 2005, National foods held 47 percent of the market (Lee, 2004). The major flavored milk beverage brands in Australia are Oak (Dairy Farmer), Big M ( National Foods), Ice Break , predominantly sold in Queensland and Farmers’ Union iced coffee in South Australia. Flavoured milk is distributed in a variety of sizes, most commonly in Tetra Pak cartoons and plastic screw-up bottles (wikipedia, 2007b).

The fortunes of the industry have been boosted in recent times by the café culture (Dairy, 2007a) pioneered by Starbucks in the USA. Other important...
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