Sweet Lisbon 1 | Page 16

Promotion Nannarella’s promotional efforts are limited. The company does not have an official website and it promotes itself mostly through social media and word of mouth. Also, the overall environment inside the store is simple and not entirely inspired on the company’s logo and image. To further emphasize this point, Nannarella participates in various events to spread its store existence by satisfied customer recommendations. The Competitor’s Will Nannarella is a small parlor in Lisbon, having an inferior financial power compared to its rivals. The ice cream company solely relies on the profitability of a single shop in Lisbon, serving only one product. As a result, Nannarella is very committed to being successful with its one single business. This commitment to the market is reflected in the company’s efforts to repeatedly creating new flavors with distinct tastes to its customers. Fur- 15 thermore, Nannarella is focused on maintaining a very differentiated, unique image to increase its brand awareness. It is participating in a lot of Lisbon events, marketing its products on Facebook and other social media websites, as well as relying heavily on customer satisfaction to spread positive feedback. However, Nannarella fails to aggressively enter into competition with the other three ice cream providers. The company did not create an own homepage yet, is not located in tourist areas of the capital, and deters a lot of customers due to long waiting times. The company fails to balance demand by opening another store in the heart of Portuguese tourism. Nannarella´s managers and founders, Filippo Licitra and Constanza Ventura justify their resistance to more aggressive marketing by saying that patience is the better guide to long-term success.