Marketing
Marketing
20th Edition
ISBN: 9780357033791
Author: Pride, William M
Publisher: South Western Educational Publishing
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Nivea is the product I use most frequently. Nivea's primary market segment consists of young adults (18–35 years old) of both sexes. The company focuses on the middle class with an emphasis on affordability, but it also expands to a more family-oriented audience by offering products that cater to various age groups and gender-specific needs. In their marketing campaigns, Nivea frequently emphasizes themes of family, care, and trust. Repeat Customers: Nivea aims to attract customers who regularly buy skincare products or who are already brand loyal. To promote recurring business, the brand frequently provides loyalty benefits or subscription services. Young adults (18–35) of both sexes, especially those interested in skincare issues like acne, sun protection, and anti-aging, as well as men seeking specialized grooming products, are likely to be Nivea's most promising target segments for growth and profit. This is because this demographic is very interested in personal care, frequently seeks out novel solutions, and is a sizable, expanding consumer group with substantial purchasing power. Depending on the particular product category (moisturizers, deodorants, sunscreens) and target market (men, women, sensitive skin), other well-known personal care brands like Dove (Unilever), Olay (P&G), L'Oreal, Garnier, Cetaphil, and Eucerin are the main competitors in the most lucrative markets for Nivea products. They all compete for market share with comparable product offerings and marketing strategies. 

Propose one primary research opportunity this summary could use to fill in the gaps of this research with justification.

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