The document outlines a case study for a traditional Chinese oil brand, 'Fah Heung Yoew', which is facing declining sales due to an aging customer base and lack of appeal among younger consumers. The company is considering renaming the product to 'Super Cool' to attract a younger demographic. The document also includes tasks for the new Assistant Marketing Manager to suggest marketing research objectives and draft a customer questionnaire for rebranding efforts.
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The document outlines a case study for a traditional Chinese oil brand, 'Fah Heung Yoew', which is facing declining sales due to an aging customer base and lack of appeal among younger consumers. The company is considering renaming the product to 'Super Cool' to attract a younger demographic. The document also includes tasks for the new Assistant Marketing Manager to suggest marketing research objectives and draft a customer questionnaire for rebranding efforts.
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GROUP MEMBERS______________________________________
Worksheet: Marketing Research
Read the following case carefully and complete the task on the next page.
You have just joined a traditional company as an Assistant
Marketing Manager. The major product line of the company is a traditional Chinese oil, “Fah Heung Yoew 花香油”. Your boss, the Marketing Manager, is explaining the market situation to you.
“Fah Heung Yoew 花香油” has a long history, up to 5 generations of
the company founder. It is well accepted by a large market of Chinese customers, especially those over 50 years of age. As these customers are getting older and fewer, sales volume and the number of customers have dropped sharply over the past 10 years. There are few new customers, in particular, from the younger population in Hong Kong.
The management has decided to expand the market to attract
potential younger customers. However, initial market research showed that the youth market did not find the brand name “Fah Heung Yoew 花 香 油 ” attractive. They felt only grandparents would use this type of oil. They felt ashamed to use or even carry a bottle of Fah Heung Yoew in their pocket.
After long discussions, the company developed 2 proposals: (1)
renaming; and (2) repackaging. The marketing team intends to launch a new marketing plan to rename “Fah Heung Yoew 花香油” to “Super Cool 勁涼爽 ”, to project a younger, more energetic image to capture the youth market.
Task 1: As the new Assistant Marketing Manager, you are now
asked to suggest 2 marketing research objectives for the “Fah Heung Yoew” case.
1.
2.
3.
Task 2: As the Assistant Marketing Manager of the
company, you are asked to draft a research customer questionnaire to obtain responses to help rebrand the GROUP MEMBERS______________________________________ Chinese oil, ‘Fah Heung Yoew 花 香 油 ’. You should construct 6 relevant questions in the formats suggested below. Write your suggestions in the space provided.
Q 1: Yes/No questions
Q 2: Opinion rating questions
Q 3: Questions with more than one possible response
Q 4: Questions with only one possible response
Q 5: Question for differentiating different market segments