How to Leverage Behavioral Science Insights for Direct Mail Success
Marketing final project
1. The Future of Protein
Marketing plan for Beyond Meat
Prepared by Joseph Flores
12.10.2017
2. Overview
For my product I am choosing to consult a better marketing strategy
to the company Beyond Meat:
“Our mission is to create mass-market solutions that perfectly
replace animal protein with plant protein. We are dedicated to
improving human health, positively impacting climate change,
conserving natural resources and respecting animal welfare.”
The company has done well gaining a presence with major food
retailers across the country using their sustainable competitive
advantage. However, their product is still fairly unknown to the
general public and mostly resonates with the vegetarian/vegan
community. Therefore, I’m proposing a market development strategy
that will gain greater product awareness and reach newer/larger
audiences.
3. Target segment
The ideal market segment for this product are millennials
within health conscious states across the U.S.
Customers of this market segment are often seeking to
change or enrich their current lifestyles.
5. Product
Beyond Meat is 100%
plant-based protein with the
taste and texture of actual
meat
Offers a healthier
alternative to animal meat
Can be purchased at major
supermarkets such as
Ralph’s, Kroger’s, and
Albertson’s
6. Promotion
Social media plan: our target audiences are millennials
giving the company a cost-effective opportunity to reach out
to younger consumers via social media - generating exciting,
informative posts, gaining positive testimony in blogs and
engaging with customers through social media cites like
twitter and instagram.
Relationship marketing plan: Beyond Meat has had
success with their food truck in D.C.; however, a more
effective route can be coupling the food truck with surveys
and samples in major food truck locations across the country
to raise awareness of the product.
7. Closing statement
By targeting millenial consumers in health conscious states,
Beyond Meat will gain a greater presence and help offer an
alternative product to those seeking a dietary change or just
something new. We can accomplish this with a strong social
media presence and a direct promotional strategy that
involves a face-to-face endorsement of our brand followed by
feedback via surveys. With my marketing consulting, Beyond
Meat can become a more profitable and recognizable
company/product in the food industry.