Marketing: OXO
OXO is a design company whose mission is "OXO is dedicated to providing innovative consumer products that make everyday living easier." OXO was established by Sam Farber in 1990 to develop the Good Grips range of comfortable, easy-to-use kitchen utensils. Farber's inspiration to establish OXO was due to his wife. Sam began to question the effectiveness of kitchen utensils when he observed his wife's difficulty in gripping and using ordinary kitchen tools, due to her mild case of arthritis. He saw it as an opportunity to help not only people with arthritis but also to create more comfortable kitchen tools for everyone to use. It has since grown to over 850 products, including
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OXO has chosen to distribute its products in places where consumers would be more than likely look for kitchen and house ware appliances. The company has made finding its products convenient for all people. Most of these locations are not too far from where people live and could create more chances to let customers view the product.
Pricing Strategy The price of OXO products can be considered slightly higher than the average non-department store kitchen and house ware tools. For example an “OXO Good Grips Salt and Pepper Grinder Set bottle opener” on Amazon runs for $49.95 compared to price of under $30 for some other brands (Amazon). That is considered very expensive for a product with such a simple structure and task. OXO products have a higher level target customers than other normal brands. I've also noticed advertising focusing on quality; "You get what you pay for" is the central theme.
Social media
OXO is very active in the current social media. OXO can be found on the most popular social media outlets of today. The company can be found on Facebook, Twitter, Instagram and Pinterest (Danh, 2014). The OXO products do have promotions and advertisements on YouTube as well. Even though the company has chosen to use social media as one of its marketing strategies, word of mouth and consumer recommendations to friends and families have been the main routes of recognition for the company.
In conclusion, OXO has become successful
Smashburger is a rapidly expanding burger restaurant concept; they have announced a summary of its 2011 accomplishments and their marketing and expansion plans for 2012. Opening their first location in 2007 and growing rapidly ever since, now in 2011 Smashburger had yet another successful year of growth and consumer acceptance. Smashburger is quickly gaining national recognition for its juicy handmade burgers that are smashed fresh and served delicious, along with its localized recipes that celebrate regional taste profiles in
[MARKETING TODAY] January 24, 2011 True-False - Terminology/Concept 1. Marketing-related activities are limited to people called “marketers.” 2. The effective practice of marketing-related activities is limited to larger firms. 3. For virtually every good and service we purchase, the marketing process affects the assortment of models and styles offered in the marketplace. 4. The scope of marketing includes goods, services, organizations, people, places, and ideas. 5. A firm can anticipate demand through marketing research and sales forecasting activities. 6. A firm can stimulate demand through offering credit and by expanding a product’s distribution to include additional retailers. 7. Installation, alteration, and repair services are all
I have created a product and tried to market this product to many distrusters, and the name of the company I have choose to distribute my product too was Evenflo and Avent. The product that I created was a baby bottle, but it not just any baby bottle this bottle has an attachment at the bottom to keep the lid in place. During, my first years as a mother I would wash my baby’s bottle and always seemed to lose the tops of my baby’s bottle, well what if, as I thought, if the top can click to the bottom of the bottle while holding the baby. So, one day I created this bottle and it looked great, I schedule some appointments with some investors, but it never seemed to work. I went to meeting and no one never gave me the time. So, I went to Invent-Teck and they created a profiled book for me and in this book, it has my picture, the information for my bottle and the numbers of how much a bottle will cost. This has been a dream for me for many years, and if I had the money to launch this product this would be my reality.
Clas Ohlson is a dedicated retailer of products and services for every small problem in your everyday life. Started as a mail order company in 1918, Clas Ohlson evolved into one of the biggest sellers, offering a wide range of products from five main categories: Home, electrical, leisure, hardware and multimedia. Through their product range of over 12,000 items, the store gives you thousands of ways to tackle every day practical problems. The company is expanding their business by offering new items, new stores and by developing operations in new markets. Clas Ohlson also aims to offer everything at affordable prices. Therefore, they regularly promote sales and offers where you can buy hundreds of products at fantastic discounts.
He is a professionally-trained cabinet maker from Montreal. Gill makes hand-made wooden jewelry, with products ranging from rings, bracelets and earrings. He sells his products mostly on Etsy. Currently, Ébéniste has direct and indirect competitors within the retail and online stores. In the next three years, Ébéniste will focus towards increasing profit and exposure in order to gain market share.
NBCUniversal, a media and entertainment company, will launch the streaming-video landscape with the a large-scale systematic plan of a comedy-focused subscription-video service dubbed as SeeSo.
Customers are always willing to pay more for quality products by Presso Mobile Company that are healthier, full of nutrients and good for environment quality of products that worth the value of money. So, customers will repeat purchase and have more confident in consuming Press Mobile Company product as the quality being assured and guarantee of its safeness and cleanliness
Tradesmen most often buy their tools from the retail distribution channel like Home Depot, or independently owned stores like ACE hardware. In this segment of the market tradesmen spend about $3000 a year on tools and about $1000 a year to replace tools. Quoted in the article “On the job, people notice what you’re working with, if I came out here with one of those B&D gray things I would be laughed at.” Just buy this statement it shows that B&D tools are looked at by tradesmen as tools for the home or tools that are used for hobbies. Even though B&D products are high quality and sold at a good price tradesmen would rather purchase tools that are looked at as professional tools like Makita. Also it has been known for B&D tools to fail on the job. Even though these were tools that were marketed to the consumer segment, it still gave B&D a bad name to tradesmen. Some of B&D’s tools were solely designed for the consumer segment for home use but how was the tradesman suppose to know exactly what tool was for which segment. To avoid this confusion B&D could possible go out to job sites and provide information about their products that are designated for the tradesmen segment so people will be more informed about their product, or go to the big retail chains and have information sessions. By doing these things it could make their product more attractive to the consumer.
Ocado enjoys strong position in the UK's online grocery market and has strong brand. Those advantages make it possible for Ocado to move into other markets or segments of markets. Thus it would be advantageous for the company to use its brand in order to sell other products, in particular those that are popular online products, such as electronics and clothes.
3. VISION: Cocoa delights will become a national retail brand within next five years that satisfies our customers with a range of unique, high quality dark chocolate, as well as providing exceptional customer service from our highly skilled and dedicated staff.
The IRS Announcement 2002-18 states “these promotional benefits may generally be exchanged for upgraded seating, free travel, discounted travel, travel-related services, or other services or benefits. Inquiries centered on the taxability of frequent flyer miles or other promotional items that are received as the result of business travel and used for personal purposes. There are numerous technical and administrative issues relating to these benefits on which no official guidance has been provided, including issues relating to the timing and valuation of income inclusions and the basis for identifying personal use benefits attributable to business (or official) expenditures versus those attributable to personal expenditures. Because of these unresolved issues, the IRS has not pursued a tax enforcement program with respect to promotional benefits such as frequent flyer miles. Consistent with prior practice, the IRS will not assert that any taxpayer has understated his federal tax liability by reason of the receipt or personal use of frequent flyer miles or other in-kind promotional benefits attributable to the taxpayer’s