Define an appropriate target market for the product


Problem: Parry's is planning to introduce a new product -- powder-based energy drink packets. Consumers can mix this powder with cold milk or water, and enjoy a refreshing energy drink. Dr. Adidam informed Parry's that they should decide on an appropriate target market, develop an attractive pricing strategy, and then consider a combination of push and pull strategies in order to generate awareness and sales in USA. Parry's is in a genuine dilemma. They need a lot of help. As their new marketing intern, please answer the following:

a. Define (and justify) an appropriate target market for this product

b. Suggest (and justify) an appropriate price point

c. Recommend two pull and push strategies each for this brand

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Marketing Management: Define an appropriate target market for the product
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