PRODUCT Strategy STRENGTHS • S:1. Our business is snacks and drinks in one that offers a wide variety of products(125g of Fries,Nuggets,Hotdogs and Mojos) unlike other business that only limits their products to fries and drinks. • S:2 Attractive packaging of product WEAKNESSES • W:1 All of the snacks on our menu are very oily and fried (Unhealthy) • W:2 Fries, Hotdogs, Nuggets and Mojos are very high in calories. • W:3 We only have 1 size(16 oz) for the drinks. • W:4 We do not have dip in our snacks. OPPORTUNITIES • O:1 Competitor offers less serving and limited choices of snacks.(bff=50g, don’t maximize 16oz cup) • O:2 Health craze • O:3 Competitor(BFF and potato corner) don’t offer dips. • O:4 Not much aesthetic appeal on the …show more content…
Having an advantage on promotion with other competitors thus they don’t give flyers and they don’t promote on radio stations. (W.1,O.1) Threats • T.1 competitors(potato corner, bff) have established their brands. • T.2 Potato corner have their advertising on televisions • People see the product on television, hearing it on the radio don’t give visual image to the customers. (W.3,T.2) Customers may prefer Potato Corner instead of us because of the brand that’s in the top of their mind. W.2, T.2 COMPETITOR PRICE MAP For our top competitors, snack30, bff, and potato corner, we positioned them through plotting them according to their quality and price. 4 being the highest rank and -4 for being the lowest. The first plot, snack30 which has -3 rank for having the low price with low quality. The second plot that has -2 quality and price is BFF which has a bit higher price than snack30 and a bit higher quality. We positioned ourselves, dunkin cups, as second because we have higher price and higher quality than the 2. The highest rank is potato corner which serves high price and high quality among all of
A huge sum has been invested, so now it is really crucial for the product to succeed. Moreover the current product mix is not sufficient to bring long term profits for the company. As far as short term goals are considered, management wanted a successful launch for the product which will provide the right marketing and target of the new product line. While the long term goals involved adding variety and diversity to the product line to achieve a long term sustainable growth rather than just achieving short term
Product/ Brand Analysis Chick-fil-a is well known for its manufacturing of chicken products in the chicken restaurant industry. Chick-fil-a has been credited for inventing the boneless chicken breast sandwich and they serve freshly prepared nutritious food products. Chick-fil-a has been currently known, throughout the southern half of the United States, which is reassuring. However, because they have low numbers in territories outside of the south they are facing huge marketing problems. If Chick-fil-a plans to grow and continue to be a strong competitor in the quick-service industry they need to market and expand in other areas besides the south.
For the business-level, Trader Joe’s adopted a differentiation focus strategy. According to our textbook with this strategy, Trader Joe’s seeks to differentiate in its target market. They rely on providing better service than broad-based competitors. Specifically, they focus on the special needs of the buyer in other segments (Dess, Page 159). Joe’s differentiates its self from other grocers by providing a unique shopping experience fortified with their private label goods and great service from their crew members.
What types of marketing strategies is chick-fil-A following? The type of strategy that the founder and CEO S. Truett Cathy developed for Chick-Fil-A was a target marketing strategy. The reason is because S. Truett Cathy focused on building the companies and other strategies that he used around his Christianity beliefs. Chick-Fil-A also made sure that every employ focused on delivering the best service they could to every customer that they served.
The Industry demand has changed due to a shift in consumers’ attitudes towards healthier products. This placed Starbucks’ coffee culture at risk and threatened the company’s future. Starbucks has tailored their menu to include more organic and healthy product mixes, venturing into tea, bread and fresh juice products (Geereddy, n.d). Starbucks’ cornerstone product differentiation strategies and Human Resource Management are the main impacts to strategy formulation.
In a marketing communications strategy the first objective is to identify the target audience. In the case of Kellogg’s they have two main audiences, the purchaser who is the parents and the influencer who is the children. Kellogg’s tend to have specific target audiences for each of their products. For example, Kellogg’s Corn Flakes targets families, Kellogg’s Special K targets women and/or health conscious women and Kellogg’s Coco Pops targets children.
Another company is Sysco, a food-service distributor in the U.S. Porter demonstrates that “It led the move to introduce private-label distributor brands with specifications tailored to the food-service market, moderating supplier power. Sysco emphasized value-added services to buyers such as credit, menu planting, and inventory management to shift” (Porter, 2008, p. 90). Like Paccar, Sysco knows how to make them different from their competitors in the high competitive industry. In food industry, customers is very sensitive with price because they have many options for substitute, so companies must have a competitive prices. However, Sysco decides that they should add values to their products and improve connection with their suppliers.
LEADERSHIP & MANAGEMENT WEBINNOVATE 2.1 BAREBURGER SWOT & PESTLE ANALYSES ASSIGNMENT Submitted by: (The7Corgis Group) John Hargaden David Gardiner Hassan Sougrati TABLE OF CONTENTS Company Description Key Facts SWOT Analysis Strengths Weaknesses Opportunities Threats PESTLE Analysis Political Economic Social Technological Legal Environmental “You can’t grow if you don’t go out of your comfort zone” Euripides Pelekanos – Bareburger Group LLC Co-Founder & CEO 1. COMPANY DESCRIPTION
1. Just Eat Just Eat is an online platform dedicated to the intermediation between restaurants and consumers in the takeaway food service. Since the beginning of their activity in Denmark starting on the mid 2001, the company has managed to expand to other 12 countries (see Exhibit 1). This report is going to analyze their 2nd expansion, which took place in the United Kingdom during the year 2006. Before getting into this point, let us introduce how Just Eat works.
PORTER’S ANALYSIS New Entrants: In general, there are few barriers to entry in the smoothie industry, which would make this force very strong. • Economies of Scale: There are no considerable decreases in average costs as output increases. Smoothies are generally high margin products, which means that new companies could be profitable without having to sell too many products. • Capital Requirements: In the smoothie industry, there are few fixed assets that would need to be purchased in order to operate.
Kraft Heinz Case Study Executive Summary Problem Statement The focal problem that Kraft Heinz Company (KHC) faces is the decrease in demand of packaged-foods, while trying to increase revenue. Analysis This analysis studies Kraft Heinz Company’s strategy, competitive position in the market, problems being faced, and the company’s financials.
Pizza Hut was established by Dan and Frank Carney in Wichita, Kansas, USA in the year 1958. Pizza Hut Inc. is one of the prevalent pizza companies worldwide. It was a subsidiary of Pepsi Co Inc. from the year 1977 – 1997. It is a wholly owned subsidiary of YUM! Brands since 1997 to present.
Strategic Acquisition 2. Eastward Expansion 3. Snack Foods 4. Southward Expansion 5. Inventory Control
Willdy’s Waffles aims to be at the fourth quadrant where our products will meet its highest quality standards at a cheap and affordable price. Among the competitors of our company which also offers products at a low price and meets high quality standards are the following: Coffee Brewers, Shut Up Shop, Kute Co., We Wear Bears, and Everfruit Cupcakes. Among the competitors of our company which offers their products at a high price with corresponding high quality are the following: Mix n’ Match and Slice n’ Slurp. Market Analysis Marketing
Competitor Analysis Marigold, is the market leader in fresh dairy and beverage market in Malaysia, however it is not entirely dominated by its own brand. There is existence of a few numbers of beverage and fresh dairy milk competitors. Dairies products are considered very low degree of differentiation with competitors. Therefore, customers are allowed to compare products’ quality and especially price, is the factor that customers considered the most between the competitors’ products. The intensity of competition in dairy industry is very tough (UK Essays, 2015).