We are working on a project which consist of creating a new product of an existent company and we chooses chipotle. We decide to creat a bowl with different combinations. I have attached the proposal...

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Answered Same DayApr 18, 2023

Answer To: We are working on a project which consist of creating a new product of an existent company and we...

Shubham answered on Apr 18 2023
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3. Marketing Objectives for the new Product:
The aim of the company should include capturing the si
gnificant share of the meal prep kit market for the first year. The target of the company should require capturing 10% of the market share. It is estimated that the market size may reach up to $1 billion. The objective includes generating $500,000 in sales for the first year. The company aims for achieving the profit margin that should be a least 20% on every meal prep kit. It is important for the company needs to invest in a robust marketing campaign that can help in creating the awareness of the...
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