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Page 1: Introduction Established markets generate intense competition during which new and innovative marketing strategies are required and new and existing products are developed. As a market develops, consumers become more experienced and discerning and look for more benefits from the products they choose. Although some organisations ' products may appear unchanged at this developed stage of a market, the more successful businesses re-work existing brands and continue to develop new ones to meet changing consumer needs. The development of strong brands has always been a feature of the confectionery market. Read more: …show more content…

This is the snacking business. 'Held in the hand '. categories include: * Confectionery £4.9bn (chocolate sector £3.4bn) * Biscuits £1.7bn * Snacks £1.2bn * Crisps £1.1bn * Ice Cream £0.8bn. Snacking is said to reflect the fast pace and busy lifestyle of many people in the 1990s. It is fast, convenient, easy and mess-free. The key snack consumers, 16-34 year olds, represent 37 per cent of all snack buyers. Read more: http://businesscasestudies.co.uk/cadbury-schweppes/launching-a-new-product-into-a-developed-market/the-snack-market.html#ixzz2TW6GaWPG Follow us: @Thetimes100 on Twitter | thetimes100casestudies on Facebook Page 5: Market research Market research is a process designed to link managers to consumers through information. It is used to identify opportunities and make better informed decisions about products which have future market potential. Market research has revealed that snacks play more of a functional role than one of pure indulgence: they are often a meal substitute. Research also shows that successful snack brands in the confectionery category tend to have more 'foody ' values and often contain ingredients such as cereal, wafer, biscuits, peanuts and fruit to break up the chocolate delivery. Cadbury 's philosophy is to continue as a driving force in the confectionery market, and thus constantly analyse its offerings for consumers. The

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