Product, Sales and Marketing Orientation at Kelloggs Assignment

Product, Sales and Marketing Orientation at Kelloggs - identification ExampleThe gross revenue strategy is directly based on forecasting and predicting the future demand and hand over for a particular product. Extensive inquiry encompassing both primary and secondary research is use to forecast the demand for a particular product. The forecast is used to derive the sales strategy. This type of sales strategy helps in generating a realistic demand for the product and in addition enables better achievement of the sales targets. The market orientation of Kelloggs is towards creating more value in the brand and establishes the brand as a formidable entity in the market. It also adopts a brand based product strategy that allows it to target multiple consumer segments (Waynes State University, n.d.) Types of needs, wants and demands Kelloggs Customers The demands as well as needs and wants for Kelloggs consumers ar constantly changing. ... In the suit of clothes of Kelloggs this as sumes even more significance considering the fact that the product category is such that the demands of the consumers are changing rapidly. Also, there is a huge competition in the market that makes it necessary to conduct market research. Market research can help the company understand the actual demands of the consumers as well as gaps in the product offering so as to formulate a product offering the fills the gaps in customer expectations that is the key element to success (Nykiel, 2003, p.18). Qualitative versus Quantitative Research Qualitative research involves analyzing info without using number bit qualitative research involves the use of numbers to undertake a statistical analysis of the data. The questions used in qualitative research are probing in nature while those of quantitative are not probing in nature. The sample size in qualitative research is also smaller as compared to quantitative research where the sample size is larger. Qualitative researches are also less prone to replicate that is the findings cannot be generalized while the case is the reverse in case of quantitative research analysis methods.