WEEK 7 workplease respond to the following:·Complete all worksheets in the Business Plan Financials Excel Template using your business plan and the appropriate set of guidelines for the company,...

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Answered 4 days AfterMay 17, 2023

Answer To: WEEK 7 workplease respond to the following:·Complete all worksheets in the Business Plan...

Shubham answered on May 22 2023
36 Votes
Target Market
Demographic Description
C&G's Spices has a diverse demographic profile. The customer base includes various age groups from young adults to seniors. Income ranges is from middle-class to upper-class that are accommodating wide rang
e of budgets. Customers include both genders and encompass diverse family sizes. The educational background of the customers includes high school graduates. Occupations ranges from students and homemakers to professionals from various industries. The company serves a broad range of customer base that are versatile and high-quality spice products.
Geographic Description
C&G's Spices aims for serving customers in both urban and rural areas. It includes ensuring accessibility to a wide geographical region. The company targets densely populated areas like urban centers and suburban neighborhoods. Locations include malls, grocery stores, specialty food markets and online platforms (Bessaire et al. 2019). This caters climate conditions, providing seasoning options suitable including both hot and cold climates. Products are designed for enhancing flavors and accommodate diverse culinary preferences.
Lifestyle Description
C&G's Spices customers are found shopping from supermarkets, gourmet food stores and online platforms. Customers engage in diverse activities such as cooking, dining out, hosting gatherings and exploring culinary experiences. The clothing style is based on personal preferences and occasions that ranges from casual attire to formal wear. Customers drive a wide range of vehicles includes reflecting individual choices and needs. It provides spice options for enhancing the culinary endeavors.
Psychographic Description
C&G's Spices target market describes food enthusiasts that appreciate quality and flavor. Customers value authenticity requires opening to exploring various cuisines and cooking techniques. Customers are passionate about food and unique flavors for enhancing meals. This opens to embrace new culinary trends and incorporate cooking repertoire. The company carter dynamic and food-centric target market for providing wide range of high-quality spices and flavor options.
Purchasing Pattern Description
C&G's Spices target market uses product for enhancing flavors of home-cooked meals that adds depth and variety to dishes. This includes buying spices regularly and customers can purchase C&G's Spices through various channels. This includes supermarkets, specialty...
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