Writing Essay

Larabar Case Study
BA-316U Essentials of Marketing
Marketing Research, Consumer Behavior and Segmenting & Targeting
Individual Assignment v 2.0
10 points
https://library.pdx.edu
https://guides.library.pdx.edu/ba316u

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Background: You are the CMO for General Mills located in Golden Valley, Minnesota and
you are in the marketing conference room working with Lara Merriken, founder of Larabar,
on a possible product development strategy for LÄRABAR® Kid™. Before you decide to do
primary research, you are looking through secondary marketing research on marketing to
kids, snack bars, etc., in Mintel and other relevant resources, such as the Census Bureau’s
American Community Survey (ACS) available by Google search.

According to Lara, LÄRABAR® Kid™ is baked with love using 9 or fewer pantry ingredients
and presently comes in three flavors; chocolate brownie, chocolate chip cookie and
cinnamon swirl.

This is an individual research assignment meaning your answers are your own. It’s OK to
cooperate to find the applicable research – however, I will be paying close attention for
original answers to the questions from each student. Papers that are the same or similar
will receive a zero. Please type your answers (hand-written papers will receive a zero
grade) recommendations and decisions on the following questions using and based on
identified market research and attributions. The format of this research and decision paper is
a typed question number, the typed question and the typed answer immediately under the
question. Please cite your sources and discuss your approach if you answer the questions
through primary research, personal experience or any other secondary research that
factually substantiate your decisions. Please use an appendix to cite your sources. No
drawing charts in pencil or pen, please! Maximum 3.5 pages typed and appendix.

Looking at sales reports, sales for LÄRABAR® Kid are ahead of their 5% growth rate on their
five-year (2015 – 2020) projections and are growing at an actual 8% rate. Lara has come up
with 3 more flavors and they have all passed Lara’s “yumminess” test with kids 6 to 17 years
old.

1. According to recent market research, does the kids market look favorable for a future

product extension via a product development strategy for a nutritional snack bar such as
LÄRABAR® Kid? Consider the all following criteria in your answer:

P a g e 2 | 3

• Market size – the number of kids in the U.S. and age breakdown. Source
suggestion: Mintel and American Community Survey (ACS) from the Census
Bureau’s website (Google it)

• Expected growth – change in the number and % of kids over the period 2010 –
2019 and in different segments

• Competitive position – Larabar’s market share. Hint: start by reading with Mintel

Snack Bar- Bar report – What is Working

• Challenges/issues of reaching the segment. Hint: start by reading Mintel

Marketing to Kids; Snack bar Consumption; Kids as Influencers; Better for you
Snacking

• Compatibility with General Mills objectives & resources. Review company mission
statement

2. Are there kids market segmentation possibilities? That is, does the market research

indicate that the extra effort and expense of segmenting the kid market could increase
sales, profit and/or return on investment for the entire kids’ market or a segment of the
kids’ market? Hint: go to Marketing to Kids report to start

2a. Which segments of the 6-17 kid market? Hint: go to Marketing to Kids report

2b. Do you think the new LÄRABAR® Kid™ products will steal customers and sales

from the Larabar products aimed at adults? Integrate and synthesize what you
have read about the kids and snack bar market and make assumptions. This
question is based upon the cannibalization theory in Segmenting, Targeting &
Positioning.

3. What would be the evaluative criteria used by moms to purchase nutritional

LÄRABAR® Kid™ for their child to try (eat)? Hint: go to Mintel: Snack bar – Bar attributes
of interest & start by looking at figure 56. Also look at Better for You Snacking research
and do key word search on “kids”, “moms” or “parent”. Thirdly, you will want to look at
Parents Attitudes towards Kids & Tweens snacking (2013). Lastly use the Interactive
Databook & choose bar attribute of interest. Cut the data by multiple criteria: children
in household: by age; by parental gender

4. What would be the evaluative criteria used by different segments of kids to purchase or
try (eat) a nutritional Kid Larabar? Hint: go to Mintel: Kids & Tweens report – attitudes
toward health and Kids as Influencers report to start

P a g e 3 | 3

5. Would you go ahead and enter the market with the 3 new Larabar Kid flavors? Why?
Integrate and synthesize what you have read about the kids and snack bar market and
make a “yes” or “no” decision and explain why.

Measurement /Rubrics

%

Answering all the questions 25%
Quality of marketing research to support your
decisions

15%

Quality of thinking, contents, integration and
synthesis of marketing research, consumer
behavior, STP and growth strategies

35%

The use of marketing/business writing principles
– brevity and action is key! (In this case the action
is the fact based decision)

10%

Ability to present your decisions convincingly 15%

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