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Define overall market Approximately 100k people. Diversity: Grenada not very diverse. Predominantly of African descent. Very small Anglo and Indian population.

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Presentation on theme: "Define overall market Approximately 100k people. Diversity: Grenada not very diverse. Predominantly of African descent. Very small Anglo and Indian population."— Presentation transcript:

1 Define overall market Approximately 100k people. Diversity: Grenada not very diverse. Predominantly of African descent. Very small Anglo and Indian population. Age structure of population: Large youth and middle age demographic. Economic: Generally middle and low income households. Geographic Shift: Largest segment of population works in the Capital St. George’s. Rural (agriculture) to urban (tourism/ business) shift for potential employment. Politically: Mainly two party political system with population polarized and voting along party lines as opposed to interest fof country as a whole. Economic: Mainly a subsistence economy (third world) with over 30% unemployment rate. Technological: Blackberry’s bringing internet to Grenadians who cannot afford computers. Facebook, BB Messanger and music downloads main usage areas. Culturally: String sense of Grenadian pride. Not as nationalistic as some of our Caribbean island counterparts with respect to supporting “local” (eg. barbados or Trinidad).

2 Describe project customers Project customers can be divided as follows: Goats milk – Grenadian Consumers – Supermarkets Goat Cheese – Supermarkets – Hotels – Foreign Tourists Lamb products – Grenadian Consumers – Supermarkets – Hotels Canned sweet potatoes – Grenadian Consumers – Supermarkets – Regional Wholesalers Processing facility as Tourist Attraction – Foreign Tourists

3 Consider segmentation types and best fit for project’s customers Geographic Segmentation – Canned Sweet Potatoes - Regional Demographic Segmentation – Lamb products – Urban and Rural population – Goats Milk – Rural population – Goats Cheese - Psychographic Segmentation Behavioral Segmentation


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