We're considering three different locations, and each location represents a very distinct target group of consumers. Currently, we will focus on two of these groups: university students and shoppers at South Center Mall. Our team conducted a survey, gathering data from 300 participants, with 150 individuals from each group. The objective was to identify consumption habits, spending behavior, and preferences regarding chocolate products. By examining these two segments, we aimed to better understand how demographic differences influence buying choices. These insights are critical for planning marketing strategies and product positioning, especially for premium chocolate brands that must appeal to specific consumer profiles. The uniqueness of each location helps highlight differences in purchasing behavior and consumer priorities, allowing for more targeted marketing approaches.

Among university students, the survey revealed that they were not very likely to buy premium chocolate. Most students spent less than $3 per week on candy, and they did not exhibit a strong preference for chocolate over other sweets. Any type of candy would satisfy their cravings. Occasionally, students purchased chocolate as a gift, averaging three times a year. When they did, it was typically a single chocolate bar rather than a gift box, and they rarely spent more than $3.50 per purchase. These findings indicate that students are highly price-sensitive and show limited interest in premium options. Understanding their consumption patterns can help brands decide whether offering lower-cost or sample-sized premium products might attract this segment.

Shoppers at South Center Mall showed different behaviors. They generally preferred premium chocolate and spent about $5 per week on chocolate products. When buying gifts, they often chose a box of chocolate two to three times annually, willing to spend between $15 and $20 per box. This group demonstrates a stronger preference for quality and presentation, suggesting that marketing campaigns emphasizing premium quality, gift-giving, and indulgence are more likely to resonate. Their willingness to pay higher prices also indicates less price sensitivity and more focus on perceived value. These insights can guide retailers in product selection, packaging design, and promotional strategies targeted at higher-income or gift-focused consumers.