Introduction
To expand Licious' ready-to-cook marinades range to cater to more regional flavor preferences, we need to carefully analyze our target market, understand diverse culinary traditions, and develop a strategic approach to product development and marketing. I'll outline a comprehensive plan to address this challenge, focusing on user needs, market opportunities, and potential obstacles.
Step 1
Clarifying Questions
Why it matters: This helps us identify gaps in our current offerings and potential opportunities for expansion. Expected answer: We have a few popular North Indian and South Indian flavors, but limited representation from other regions. Impact on approach: Would focus on underrepresented regions with strong culinary traditions.
Why it matters: Determines the feasibility and cost of introducing new flavors. Expected answer: We have a robust network but may need to expand for certain specialty ingredients. Impact on approach: Might prioritize flavors that align with current capabilities initially.
Why it matters: Helps tailor our product development and marketing strategies. Expected answer: Customers use marinades 2-3 times a week, often for quick weeknight dinners. Impact on approach: Would focus on convenience and variety for everyday use.
Why it matters: Identifies opportunities for differentiation and potential first-mover advantages. Expected answer: Competitors are focusing on popular flavors, with less emphasis on niche regional tastes. Impact on approach: Could explore unique, underserved regional cuisines for differentiation.
Tip
At this point, you can ask interviewer to take a 1-minute break to organize your thoughts before diving into the next step.
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