Professional Documents
Culture Documents
2 Marketing Strategy
Jean's Tofu Delight will introduce its products at 20% off the wholesale price during the first month to promote supermarkets and stores to buy the product. In addition, Jean's Tofu Delight will co-sponsor local athletic charitable events for older women to raise the visibility of the brand name. Jean's Tofu Delight will use in-store samples booths to promote the product.
Prepare the future site. Relocate and expand Green Acres vegetable system and get it operational. Integrate greens culture into the system. Have the composting system in full production by early spring of the second year.
The company's long-term plan is to phase out whichever products are least lucrative and replace them with products that are practical and cost efficient.
Efficient production utilizing greenhouses. Reduced overhead by fully realizing crop output potential and economies of scale through joint costs.
Taste sampling at outlets will be encouraged. Unparalleled flavor superiority will addict greens tasters. Promotion of pesticide-free, fumigant-free cultural techniques of soil, environment, ozone, and health-friendly production techniques.
The marketing strategy will be based on generating awareness and visibility of Botanical Bounty and their ability to produce the highest percentages of botanicals. The strategy will rely on several different forms of communication. The main form is participation in the numerous trade shows for the industry. The trade shows are where everyone from the industry gathers to meet and transact business. t is a wonderful place to network as well as learn about new developments in the industry. The second form of communication will be the use of advertisements. The main venues for advertisements will be industry trade magazines. The trade magazines are a well read source of information that buyers and sellers refer to for many different transactions.
The secret to Peets success is a broad customer demographic, from 16 to 70 years of age, middle to upper middle class. They have a special appeal to mostly liberal-minded customers including babyboomers because of their Berkeley (slightly) radical-chic image, the specialty coffee-house customer we all know and love. While the 1960s ethos is long gone, Peets has maintained a unique San Francisco individualist identity and has mastered the art of staying in touch with their core customers and building new ones through integrated marketing communications. Peets uses a multi-channel and multi-media marketing plan with expert and consistent branding and tone in the following eMarketing media and sales channels: Website, blogsite, Twitter, Facebook, YouTube, email marketing, pay-per-click advertising, banner advertising, in-store kiosks (utilizing co-promotions in grocery locations such as Bristol Farms in Southern California), foodservice, hospitality, corporate, and private label. Peets blog, for example, is consistent in branding and tone with all of their other eMarketing and integrated marketing communications and has useful and familiar hyperlinks to multiple pages on their website. It is chatty, fun, full of colorful photos and has created an attitude of community that Peetniks can relate to. The spirit of cool community continues to attract new customers and brings existing customers back to them with their hip, warm and personal style. Not bad for a NASDAQ public corporation. Peets Coffee grossed $250 million in 2008; with 7% revenue growth in the first quarter of 2009. Its easy to see why so many other businesses in food and beverage marketing try to emulate Peets Coffee & Teas coffee marketing at its finest.
look to create a consistent product that offer the same level of value no matter which venue you purchase from. They can automate much of the coffee process and knock out a cost efficient product that delivers fat profits on every sale. But could they be doing more? I was walking through the city the other day when I saw a great pre-work sales technique. A small coffee shop near Southern Cross station have a girl propped out the front with a tray of coffee ready to go for only $2 each. The strategy offers a discount cup of java to compensate for a slightly cold product, but hits the convenience market head on. Those making their way to work find it all too easy not only to satisfy it as a need, but to acknowledge the need itself as they hurry past. Josh Strawczynski's Opinion I'm sure the bigger players like Coffee HQ could increase their value offer and make more sales if they followed this strategy. Parliament station is a prime example, Coffee HQ have a barrister set up to one side of the escalator catching anyone with enough time to dilly dally, but this could be so much more if they were prepared. Sam Berringer's Opinion I also think Coffee HQ could sell more Red Bull by doing a similar thing, in the afternoon people are more likely to drink a cool Bull. The convenience marketing is booming and offering
consumers a faster solution to their need is the way of the future. This is exemplified in the USA Starbucks have started making drive through coffee shops and claim there is even further they could go!