About Giant Consumer Products :
This case describes sales promotion strategy at frozen foods maker Giant Consumer Products. The case focuses on the multi-disciplinary facets of brand management and sales promotion. Started with background analysis, problem statement, problem analysis, identification and assessment of alternatives, and recommendation and implementation.
Following apspects are included in the case : consumer products marketing strategy food industry brand equity brand management quantitative analysis of return sales promotion return on marketing investment (ROMI)
Cannibalization
Promotion plan
Forwarding buying
Pass-through
Stock Piling
Brand Equity Erosion
Customer Buying pattern
Frozen food division (FFD)
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| | |
|Total Effect of D32 Promotion | $ (1,197,278.37) | |
|Total Effect of D16 Promotion | | $ |
| | |2,775,636.96 |
|Total Brand Impact from Promotion on Marketing Margin | | |
|Total Effect of D32 Promotion | $ 2,576,012.75 | |
|Total Effect of D16 Promotion | | $ |
| | |(879,443.14) |
|ROMI |71% |-20% |
Brand Awareness campaign – Natural Meals
|Average Monthly Incremental Volume for Natural Meals |705,252 |
|Average % Store Promoting for Natural |7.61 |
|Average Monthly Incremental Volume /Promo Point |92,674 |
|Incremental Volume from 25% Promo Points |2,316,859 |
|Revenue change
The processes of eating and drinking are natural human instincts. These processes allow us to acquire the energy required to function throughout the day. However, with the abundance of choices that surround eating and drinking, others may eat and drink for enjoyment of diverse tastes. This leads to the basis of the idea of gluttony, where people over consume the necessary amount of food and drink needed for survival. Nonetheless, if gluttony is defined as just the act of eating, or perhaps even overeating, it should not be considered a moral failing. Although gluttony could be seen as a selfish act that harms others, eating is also a natural instinct, unable to be controlled by individuals. Since the definition of gluttony and its consequences
Shawn Buckley (founder) and Rudy Poe (partner) open JustFoodForDogs (JFFD) in January 2011 in the context of Newport Beach, California to facilitate production and selling of the human quality healthy food for the dogs. In 2013, the two partners sought to expand the operations of their business through opening a second location in West Hollywood, California. In the midst of the limited knowledge of the local market in the new location, the two business partners questioned the capability of the positioning, messaging strategy, and brand elements in the first location to resonate effectively and efficiently in the new market. The purpose of this analysis is to evaluate the problem or key issue in the case,
“The media's the most powerful entity on earth.” (Malcolm X). In Feed by M.T. Anderson, this proves to be true Sometime in the future, Titus and his friends are just having fun while using their feeds; a new invention which is like having a computer installed in one's head, but with the feed, people get advertisements. The advertisements begin to slowly take over the brain, causing people to become practically brainwashed. When Violet meets Titus and his friends on the moon, she also has the feed, but it only was installed when she was seven, instead of at birth. Violet is different from Titus and his friends because she understands the negative effects that go along with having the feed. In M.T.
The promotionPromotion is the business of communicating with customers. It will provide information that will assist them in making a decision to purchase a product or service. The pace and creativity of some promotional activities are almost alien to normal business activities.The cost associated with promotion or advertising goods and services often represents a size-able proportion of the overall cost of producing an item. However, successful promotion increases sales so that advertising and other costs are spread over a larger output. Though increased promotional activity is often a sign of a response to a problem such as competitive activity, it enables an organization to develop and build up a succession of messages and can be extremely cost-effective.
“They (Food Production Corporations) may have salt, sugar, and fat on their side, but we, ultimately, have the power to make choices. After all, we decide what to buy. We decide how much to eat.” (Moss 346). In today’s society, junk food needs no introduction as everyone enjoys the taste of junk food because it is fast, tasty, and affordable but not everyone knows what all goes into their food. Over the years the food industries have drastically changed how food is produced and manufactured. Moss reflects upon the motivations and practices by the food industries which have transformed the American food supply by the use of the three key ingredients, salt, sugar, and fat. Through Michael Moss’s use of rhetorical appeals in his book Salt, Sugar, Fat: How the Food Giants Hooked Us, he discusses the extraordinary science behind what is considered tasty food, how multinational food companies use the key ingredients, salt sugar, and fat to increase sales and how other literary elements can help create trust between the author and audience thus increasing the effect of his arguments.
Kudler Fine Foods is a gourmet food store which also offers in store parties in order to introduce customers to their products and also teach customers how to prepare their specialty foods. They have expanded to three stores and are continuing to see growth opportunities in their industry. Kudler Fine Foods has planned on contracting with local growers to obtain their produce and now they want to add a catering service. Before they can do so, they must run the possibility fully through a marketing standpoint in order to assure the success of this project. This study will comprise of the opportunities Kudler Fine Food has in its marketing mix that will help them operate a successful catering business.
I prepared an analysis of several marketing strategies that can be used by executives at A.1. Steak Sauce. This case analysis will provide a summary of A.1.
The goblins gives up as Lizzie's resistance is too much for them and throw the money back at her. They'd kick their fruits away along with the road as they disappear. As they’d disappear, some of the goblins went into the ground and some drive into the brook. By interpreting it as consumerism, the seller would give up due to the buyer's resistance or persistent and the seller would give into what the buyer want. As an example, the seller is trying to sell a dress for fifty dollar and the buyer want to buy it for ten dollar instead of fifty dollar. The seller and buyer start to negotiate of the price. The buyer would tell the seller that they could buy same dress with the same quality at a cheaper price. Therefore, the seller does not want to
The Pillsbury Cookie Challenge is a case study written by Natalie Mauro under the supervision of Professor Allison Johnson. The case study creates an open discussion about what the marketing manager of the refrigerated baked goods category for Canada General Mills should do to revive his products. Ivan Guillen, the marketing manager, was faced with tough challenges. He was initially “…faced with the challenge of developing a strategy that would lead to improved business performance on his category” (Johnson and Mauro, p.1, 2011). To clarify, Guillen’s category is refrigerated baked goods (RBG), which means, this category is his marketing responsibility. The issue here is that “RBG was GMCC’s fourth largest category, and its performance over the past two years had been less than stellar” (Johnson and Mauro, p.1, 2011). It is important to note that GMCC stands for General Mills Canada Corporation. Pillsbury has enjoyed majority market share in the RBG category in Canada, however, recently, the market was experiencing only moderate growth. Guillen was disappointed that their goal of 5%-7% market growth was not being achieved mainly in the refrigerated cookie dough segment. To be exact, their volume growth for two years was flat and they were having difficulty reaching new households. There was a shift among consumer’s purchases, which Guillen was challenged to figure out why.
The company will conduct marketing strategies that aim at creating an image for the brand in the minds of the consumers and reminding them customers about their products consistently.
Subway Sandwich, as presented in the Case Study presented in the Marketing Management MGT 551 class, is an undisputed market leader in a segment that is “firmly established as a nationwide food item for which there is plenty of room in all areas” (University of Phoenix, 2008). However, with a growing competition, changing consumer trends and increased product specialization, Subway’s real strategic marketing challenge is to be able to develop and maintain a differential advantage while sustaining sales growths and profitability.
Sales promotion tools are used by most organizations, including manufacturers, distributors, retailers, and not-for-profit institutions. They are targeted toward final buyers (consumer promotions), retailers and wholesalers (trade promotion). Today, in the average consumer packaged company, sales promotion accounts for 74 percent of all marketing expenditures. Several factors have contributed to the rapid growth of sales promotion, particularly in consumer market. First, inside the company manager face greater pressures to increase their current sales, and promotion is viewed as an effective short-run sales tool. Second, externally, the company faces more competition and competing brands are less differentiated. Increasingly efficiency has declined because of rising costs, media clutter, and legal restraints. Finally, consumers have become more deal oriented, and ever-larger retailers are demanding more deals from manufacture.
For any product to be sold successfully, especially to the mass market, the firm selling the product will need to be marketed with a promotion. Promotion is one of the four elements of the marketing mix, referring to the way in which a product is promoted this is more than just advertising, it includes public relations, endorsement and any activity which will help to increase awareness of the product and support the development of sales (Hooley et al, 2007). Promotional strategies are required in order to create awareness in the potential target market regarding the product, and to help stimulate sales by influencing the decision making process (Kotler and Keller, 2011). In order to demonstrate the application of promotion strategies to different products can be examined, with promotional strategies those products suggested. The two products are exercise equipment and breakfast cereals.
In today society product, distribution, pricing and promotion must consider online and offline buyers. Product promotions are viable for a business to succeed in the marketplace. Managers must be willing to adapt and change to cultural needs and changing media environments. As a new company in Cuba, Target should change their promotion strategy frequently to keep and gain new customers. Promotions strategies such as; advertising, sales promotion, and personal selling activities are necessary to a marketing strategy. Sales promotion will be effective in a low-income economy. Target would adapt a Buy- One-Get-One-Free promotion where a customer buy a product and get one free. Another, sales promotion would be a free-gift promotion which means with every product a customer buys they can gain points for a free-gift.
Although brands do not solely refer to businesses and their products or services (e.g. charities, countries, celebrities), this essay will discuss their relevance to profits with regards to business operations unless specified. Where most companies must at some point make a decision (consciously or unconsciously) whether to brand their company or not, that question is often rhetorical. Brands are established whether the marketing manager says they should or not. The decision really is whether to implement conscious brand management within the business or not. That is the difference between a strong brands and weak brands. Where