Macro Trends Wiikano Morvi
Macro Trends Wiikano Morvi
Macro Trends Wiikano Morvi
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
Wiikano Orchards. Wiikano Orchards sees opportunities in population growth and growing
low-end consumer segments. The attitude toward migration in the markets where Wiikano
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
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
Technological: The entry of new market entrants, as well as their investment in research and
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
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.