SWOT ANALYSIS
STRENGTHS
Strict Quality Control in their Products
As mentioned, Honey Glaze Cakes implements a strict quality control in their products to ensure the greatness of its taste and design. As Mrs. Conde said during our interview, the management would be more willing to refund every cost incurred than to associate bad quality of cakes to the brand of the business. For that very reason, Honey Glaze Cakes ensures and maintains good relationships with their satisfied clients.
Aggressive Marketing using Social Media
So far, we already know that Honey Glaze Cakes’ main advertising tool is the use of Social Media which has been very evident and widely used in today’s generation. Many people spend most of their time scrolling and looking
…show more content…
Aileen T. Conde, one of the owners, studied Business Management in UP Los Baños. Furthermore, she pursued Culinary Arts Major in Pastries in Wilton School of Cake Decorating & Confectionary Art in Illinois, U.S.A. and in International Sugar Art Collection in Atlanta, Georgia, U.S.A. With all these, we can infer that the management of Honey Glaze Cakes is equipped with knowledge and expertise in this field of business and as a client; you’ll be assured that you’re getting not just a mediocre cake, but the best to supplement your grand celebration.
Suppliers of Imported Ingredients
Having suppliers from European countries such as Switzerland and Germany that import their ingredients is an advantage of the business. This just show that since chocolates are best found in those countries, as a consumer, you would somehow feel guaranteed that the pastry you’re paying is actually made with the finest ingredients and definitely will be worth its
…show more content…
In fact, one of the many ways includes advertising through the Entertainment World which, as we all know, caters to a wide range of potential clients. Being able to provide service to some influential TV personalities and generating positive feedbacks from them certainly is a great opportunity for the Honey Glaze Cakes’ shop. With the growing influence of artists among the public, some fans would even tend to try any product out with only one positive comment from their idols. These fans tend to use the same product as what the celebrities are using in order to feel and be more like them. Just recently, Honey Glaze Cakes was able to supply cakes for grand events of celebrities such as Yeng Constantino, Nadine Lustre, Ding Dong Dantes, Marian Rivera, Jolina Magdangal, and even with GMA’s rising star today, Maine Mendoza. By establishing good relationship with these artists, the business may be able attract even more clients in the future – including other artists and more
SWOT analysis is a process used to identify a company’s strengths, weaknesses, opportunities and threats and was applied to evaluate Graeter’s (Pride, Hughes and Kapoor 2015 p. 163). Firstly, the business uses a unique technique to manufacture its product known as the French Pot method that results in a distinctly richer and creamier textured ice cream. Secondly, Graeter’s pride themselves on product quality and maintain very high standards throughout the business. Thirdly, while maintaining the business’s core principles, the owners explore new and innovative ideas to stimulate growth and production. Further, to support the business’s growth, the owners have sourced the assistance of consultants to develop and improve strategies, goals and
Everyones favorite candy has always been chocolate it has been around for over thousands of years and it was changed when Milton S. Hershey started his company we all know and love ‘The Hershey Company’. ‘The Hershey’s Company’ has impacted the world, because they made the first affordable chocolate bar. First off chocolate has been around for thousands of years, but it was not truly effected until 1894 and that was when Milton S. Hershey started ‘The Hershey Company’. “The cacao tree was cultivated more than 3,000 years ago by the Maya, Toltec, and Aztec peoples, who prepared a beverage from its fruit, the cocoa bean (sometimes using it as a ceremonial drink) and also used the bean as a currency. The Maya considered chocolate to be the food of the gods, held the cacao tree to be sacred, and even buried dignitaries with bowls of the substance (along with other items deemed useful in the afterlife).”
With high unemployment and with low-income housing it was a huge problem for Pico-Union. The violence dealt this highly immigrant neighborhood a crushing about $13 million worth of damage, according to city estimates. Jobs are hard to be fine which cause a number of people homeless for many Central American immigrants migrating across the Mexican-American borders. In particular, men and their families are migrating to the Pico-Union area in search of work in order to support themselves and survive. Although there was some homeless people collecting cans; majority of the homeless population contained of migrant workers.
SWOT Analysis The first Golden Corral restaurant was founded in 1973 in Fayetteville, NC, and the brand has been expanding since that time. Currently, Golden Corral has 481 locations throughout 41 states in the United States of America. They have been around for approximately 45 years and is known to many as America’s #1 buffet and grill. In fact, in 2011, Golden Corral was recognized for the 14th year as the #1buffet and grill by the National Restaurant Association.
For the most part, American bakeries seem to stick to two ends of a spectrum- they are either very fancy, or very casual. Many privately owned bakeries are very refined and couth, with elegantly displayed baked goods and a sophisticated feel, serving expensive and intricate creations. Otherwise, many bakeries are very relaxed and casual, serving less expensive, more “mom-and-pop” type sugary foods that amount to being the “comfort foods” of baked goods. Panadería Pahuatlán, in contrast, fit neither of these stereotypes. The bakery instead combined the two possibilities.
Tim Horton’s also exhausts social media websites like Facebook and Twitter to invite consumers to share their special moments that contain a Tim Horton’s product. One featured picture posted by a Facebook user contained 6 children drinking warm Tim Horton’s hot-chocolates after a cold game of pond hockey, with a caption reading “True Canadians”. Another famous photo that Tim Horton’s frequently features on their Twitter webpage is photo’s of individual with a smile cookie, and in their caption Tim Horton’s thanks these consumers for their donations. When users examine these various Tim Horton’s advertisements on their newsfeeds the company has an emotional impact on its followers at no cost. By combining user-generated promotion with professional
Sponsoring community events also helps reach new clients as Tee Talents logo will be used when approaching other businesses for sponsorship. The more Tee Talent's logo is seen around the community, the more potential clients Tee Talent will acquire as people become aware of its social mission. Attracting new clients is important but it is also important to reconnect with new clients. Tee Talent recently changed its business card which outlined more of its services it provided. By reconnecting with existing clients, Tee Talent can help grow its business as existing clients may have not been aware of all the services Tee Talent provided.
We conducted an analysis on current and potential Clif Bar consumers in order to uncover important factors pertaining to the target audience. The founder of Clif Bar, Gary Erickson, was inspired to create a better tasting energy bar following his frustration with unappetizing energy bars (“CLIF: Our Journey,” n.d.). Clif Bar hit shelves in the United States in 1992 and, in 2007, went international with the launch in the UK (“CLIF: Our Journey,” n.d.). Our goal is to identify a potential group of relevant consumers Clif Bar may be missing. Using Simmons OneView, our research concluded with a deeper understanding into the demographics, psychographics, and behaviors of current and potential Clif Bar consumers.
This is actually the kind of new form of marketing typically based on the efforts to create content that will attract the attention and will encourage the readers to share it across their social networks, which will bring both possibilities and challenges. The use of models and theories which are traditional has also challenged by the ever-evolving field of social media. Due to the fact of the global companies are changing their marketing towards social media marketing rather than traditional forms of marketing. Sainsbury’s also using the social media as part of their marketing strategy to attract and to increase loyalty of the
adopted by their target audience because they’re backed up by Havas which has a good reputation of successful campaigns for brands aimed at the Hispanic community. Industry Analysis: Wonderful Pistachios is part of the snack food industry. The Los-Angeles based company has more than US$4 billion in annual sales. SWOT: The strengths of this company are that they are a leading brand and already had good revenue before the campaign took place (there is customer loyalty).
Subsequently, the celebrities that are symbols for these products become a product in themselves. In some cases, we buy products purely because a celebrity has worn it, endorsed it, or has been associated with it in another type of way. A consumer’s inclination towards materializing a lifestyle of a celebrity leads to the merging of the corporate and the self. This is extremely prevalent with the Kardashian family. The Kardashian family became celebrities through their reality television show Keeping Up with the Kardashians.
These potential competitors represents the barriers to entry for instance, the requirement of a high venture, the processes set by the management and also a brand which is well-known by the public to reduce the intimidation set by potential competitors which are due to enter the market sooner or later. Seeing that chocolate is famous world-wide, the possibility for new companies to penetrate the market with new chocolate recipes that are able to capture the consumers’ hearts regardless of
Table of Contents C: UsersKiran MCDesktopMarketingProject.docx - _Toc406225013 OREO INTRODUCTION 2 MARKET SHARE AND SIZE 2 SITUATIONAL ANALYSIS 2 PESTEL ANALYSIS 2 OREO SWOT ANALYSIS 3 STP ANALYSIS OF OREO 4 MARKETING MIX OF OREO 4 MARKETING STRATEGY IN BRIEF 4 COMPETITOR ANALYSIS 5 MAJOR COMPETITORS 5 STRENGTHS AND WEAKNESS OF COMPETITORS 5 PRODUCT COMPARISON 6 OREO-
ABOUT THE SOFT DRINK INDUSTRY: The term "soft drink" refers to all types of nonalcoholic, carbonated, sweetened, flavored beverages. Nonalcoholic soft drink beverage market can be divided into fruit drinks and soft drinks. Soft drinks are available in glass bottles, aluminum cans; PET bottles are disposal containers can be divided into carbonated and non-carbonated drinks. Soft drinks are being manufactured since so long. There are various flavors in soft drinks that are lemon, orange, mango and cola.
• How can celebrities be effectively used in changing consumers buying intention? • To understand consumer perception about celebrities in advertisements. • Advertisement budget will be effectively and efficiently used by managers Academic Since my research is focusing more on practical side. My research will help researchers to