Q2-Evaluate Vegemite’s brand image based on the social media research undertaken by Talbot and his team .In light of these historic factors, Why did Talbot want to revitalize the brand?
Answer-Part 1 The brand image is the brand's total personality impression in the consumer’s mind (real and imaginary qualities and shortcomings). It is developed through advertising campaigns over time with a consistent theme. Talbot and his team conducted social media research and there objective was to: -
1.Identify valuable trends and patterns in consumers.
2.Provide insight for development of potential vegemite product extensions.
3.To find the unique trend and pattern from the conversational web.
After the research the team
…show more content…
The product was made and in first two months following launch, Kraft’s New Vegemite sold 2 million jars and achieved 12% house hold penetration. Consumers enjoyed the new taste of it and results were remarkable.
Q3-Compare the “How do you like your vegemite “ campaign with “isnack 2.0” Naming campaign. Why were the results do different?
Answer- “How do you like your Vegemite” Campaign Firstly the campaign allowed people to think about and reappraise their past and present consumption. It was a public relation campaign and was the most successful campaign in history of the Kraft ANZ. Major retailers were running out of vegemite and Kraft has to ship over 1000 tons per month. Sales also increased by 5% than previous year. The associated foods sales of cheese and avocado also rose sharply. Use of Social media help paid them handsomely and people also sent 300,000 submissions, suggesting new combination for vegemite. The campaign main goal was to know what was other food associated with vegemite so that they can produce a perfect combination.
“Isnack 2.0” Naming campaign It was a competition-based campaign and it ran for almost six weeks and consisted of voting via online, SMS and regular mail .48,000 names were suggested some of them were ridiculous to
The product I chose to work with is J.M. Smucker’s Uncrustables. This product has a lot of potential and I am excited to work with it. The first new product idea that I would consider developing a marketing plan for is a breakfast Uncrustable. There is a lot to work with from this perspective and I think it has numerous possibilities not only with the ingredients, but in preparation. The second brainstorming idea is to have a gluten free option. These days so many people have a gluten intolerance or a medical condition related to gluten. There are possibilities in making this product gluten free and when it comes to snacks for children there are very few options. This option I feel is very appealing to work with because of it being considered
This essay will explain the target market and the 4P’s analysis for one of the Kraft product, Vegemite. Kraft Inc Company, which is the owner of Vegemite product in Australia, is the largest food and beverage company in The United States. Kraft has been a major player in the food and beverage industry for a long time ago. Kraft has broad range products of food and beverage that are available around the world. One of the Kraft products that are marketed in Australia is Vegemite. Vegemite is considered as much a part of Australia's heritage as kangaroos and the Holden cars. It is actually an Australian obsession that has become a unique and loved symbol of the Australian nation (Vegemite Australia, 2010). It is made from leftover brewers'
Analyze the “Happy Cows” campaign that was developed for the California Milk Advisory Board to promote Real California Cheese from an integrated marketing communications perspective. Why do you think the campaign has been so successful?
Many advertisements nowadays don’t advertise objects with the verity of their quality. Rather, they get someone in the famous industry to advertise their product so the people that are watching see their favorite famous person and want to buy it because they use it. When most of the people that promote it don’t use it, or it never truly works as they say, and another way they advertise is through foods.
The campaign utilizes controversial and comedic celebrities to draw the attention of the younger generation. This is an example bandwagon effect at work. These celebrities include people from shows like Keeping Up With the Kardashians and Jersey Shore, which intrigue the younger target market because they feel they can relate to these people. The target market of this campaign is women raging from ages of 18 to 34. This includes both women in the workforce and women attending college. The average consumer in this target market strives to be one step ahead of celebrity gossip and social media. The viewers feel excellent about providing a healthy alternative snack for their children while still providing the salty snack that most children crave. It has been concluded through studies conducted on a national
Westmount Nursing Inc. is a for profit chain with seven different nursing homes. It has a grown from a small few bed facility to a facility with 4 different divisions that made to help make seniors more independent. The Westmount Nursing Homes were in search for a chief executive officer and president, which was filled by Shirley Carpenter. After Shirley Carpenter came on to the company, many changes were made and implemented. Some implementations were successfully, but she was also challenged with many problems with the Union Federation of Nurses and the Board of directors regarding wages and total quality management implementation. My recommendation would be for Shirley to stop the implementation of total quality management and focus on
General Mills is one of the major producers in consumer foods and it started off in 1866 with two flour mills (General Mills). In 1928 the company merged several smaller milling companies together to create packaged food and began to form the company that it is today (General Mills, Inc.). General Mills has not shied away from selling, acquiring and establishing new brands to stay competitive in the global markets (*). In the past, General Mills has tried selling not just food but toys, jewelry and apparel (General Mills, Inc.). Today General Mills has a never ending list of food products from Cheerios and Cinnamon Toast Crunch to Progresso soups and Haagen-Dazs ice cream. The current mission for the company “is to make lives healthier, easier and richer. General Mills is Nourishing Lives (*).” They plan on achieving their mission by these three statements:
Although the new “iSnack 2.0” enjoyed high sale growth few days after the launch, Tablot should rename the “iSnack 2.0” brand to accommodate the backlash because the short-term revenue is only a hype generated by curiosity after the huge launching event. Brand equity, customer centricity strategy, and long-term benefit of the company should not be put at risk since Vegemite is not any product, but Australian lifestyle, culture, and pride.
The company constrained itself within the already available marketing budget that significantly cut down the cost that could have used to advertise the new company plans, that in turn increased the revenues. The company also succeeds due to the unique flavor that it offered in the yoghurt, which was organic and naturally made unlike the competitors who at time incorporated artificial flavors. Finally the company focused on the target consumer group that comprised of women and children. This helped the company to increase its sales that contributed to its success.
Their 55 flavors are indeed impressive scale of the offer which should satisfy every customer. The product packaging has made them stand out also due to its playfulness and message that it carries out. In order to live up to their standards, Ben and jerry’s vegan product line has been blended into their overall product strategy. The rapidly growing amount of flavors and demand for the product like to be a positive indicator of launching a product line with a great potential for market success. #2 – Price Ben and Jerry's price is considerable higher compare to their supermarket competitors.
Rachel Shein and Steve Pilarski have a lot of options when it comes to providing health care for their employees. The world of Health Care involves many methods for individuals to find insurance either on their own or through an employer. All the options and the new legislation has made it difficult to find and pay for a policy as a small business owner because of all the requirements he or she must make in order to avoid penalty charges. Rachel and Steve are copreneurs running a whole sale bakery called Baked in the Sun that employs 95 workers. Both owners believe that providing health care to their
The skyline consultancy has been asked to plan a campaign for the B&J Company which will be launching a range of savoury ice cream in the UK. We will carry out market analysis which identifies the target market, followed by the communications strategy and target market objectives. The budget allocated is £ 50,000 for a national PR campaign.
Belch and Belch (2001) stated that the ultimate goal of an organization is to create brand loyalty, which in return, ensures continued patronage. Pepsi Cola is one of the world’s most popular drinks holding about 29.3% of the entire fizzy drinks market (Esterel, 2011). Pepsi cola is a brand known for reinventing itself with its various logo changes. These rebranding campaigns have been strategically positioned to keep the Pepsi brand relevant within its target audience, the youth. Pepsi still desires to be perceived as trendy, and appealing to the younger generation. The rebranding campaigns are meant to appeal to the forth-coming generation and eventually create brand loyalty. Pepsi have adopted a brand campaign set to distinguish them from other brands. They present the brand as a contemporary product as opposed to a classic relic and thus they grab the attention of the youth. It is therefore very important to understand the loyalty consumers have towards a “brand” that has undergone several changes that include facelifts and general rebranding. It should however be noted that any one of these evolutionary trends will always have consequences. It would be interesting to unravel how much of a success Pepsi has achieved over the years especially with its most recent rebranding
This report will cover the extensive advertisements done by Cadbury when their most popular product dairy milk was suffering declining sales and a tarnished image. The objective of this report is to analyze and evaluate the marketing strategies and promotions done by Cadbury and how they affected consumer behavior.
Describe the product line branding strategies of Cumberland and Nutra Sweet in the 1990s and explain the likely reasoning underlying these strategies.