Customer Demand for Slab Chocolate and Factors Affecting It

Abstract

Today consumer market in Russia is going through a stage of stabilization. A long period of the buying capacity declining is over. In some regions consumption of different products rises and a current market situation on food market is acceptable for the population, who managed to adapt to new market realities connected with import substitution. The maximum growth in buying capacity is shown by the West-European part of Russia, for instance Moscow, a capital of Russia and the richest city in our country. In Moscow we can observe the highest average wage in Russia and all groups of population are presented here. Representation offices of the biggest distributors, multinational companies and manufacturers focus on selling their products on Moscow consumer market, i.e. to people with the highest buying capacity. The authors researched customer demand, using chocolate market in Moscow as an example and showed which chocolate is preferred by Moscow dwellers. By finding trends of customer demand prospects of chocolate market development both in the capital and Russia in general were analyzed.

Keywords

• chocolate market
• analysis
• customer demand
• research
• competitiveness