Macro Trends Wiikano Morvi

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Demographic: Wiikano Orchards caters to both the high and low end of the industry.

The

organization's decision to focus on a wider and more diverse set of segments has broadened

the range of possibilities. In the future, the targeted segments are projected to expand at a

steady pace. Wiikano Orchards' primary consumer segment is the family with children, which

requires Wiikano Orchards performing social, emotional, and functional tasks in order to

keep this market segment happy and fulfilled.

Socio-cultural: A general increase in consumer health awareness presents a threat to

Wiikano Orchards. Wiikano Orchards sees opportunities in population growth and growing

low-end consumer segments. The attitude toward migration in the markets where Wiikano

Orchards operates necessitates close consideration of the company's effect on shifting

demographics.

Economic: Inflation has a major effect on Wiikano Orchards' pricing structure. Since

Wiikano Orchards has a presence in several markets, marketing managers must adjust their

strategies to changing customer behaviour during recessions and booms. In order to develop

successful marketing strategies, it is also essential to accept downward market pressure and

shifts in consumer buying power.

Political/legal: Wiikano Orchards' current governance structure requires a close examination

of evolving government policies. The presence of a company in several markets raises the

possibility of political unrest. Due to recent changes in the global political scenario, Wiikano

Orchards' geopolitical threats have increased.

Technological: The entry of new market entrants, as well as their investment in research and

development, requires the protection of Wiikano Orchards' intellectual property rights.

Because of technological advancements, product life cycles have become shorter, requiring

Wiikano Orchards to improve its value chain productivity. The cost of production has
decreased as a result of technological advancements, but the need to restructure the supply

chain has increased.

Justification: It's crucial to figure out what features are most valuable to customers and

integrate them into marketing and advertisement strategies. Customers' shifting attitudes

toward safer alternatives and a preference for quality over price have significant implications

for the business. Wiikano Orchards has identified the demographic and socio cultural factors

and were appropriate in targeting both high and low level income segments.

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