Preview

Psy 410 Week 6 Marketing Plan Paper

Better Essays
Open Document
Open Document
888 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Psy 410 Week 6 Marketing Plan Paper
Marketing Plan

Week 6 Assignment: Part B

Lora Cleveland

Strayer University

Dr. Phillip Scherrer

MKT500: Marketing Management

May 17, 2015

Develop a branding strategy for your product that covers the brand name, logo, slogan, and at least one (1) brand extension.
Sammy & Lobo’s Organic pet food strategy is simply to provide 100 % all natural and healthy ingredients for your dogs. Our foods will eliminate the concerns of pet owners of giving their pets artificial ingredients. The ideal consumer will focus on feeding their dog healthy, organic foods that will have a significant impact on a dog’s health and lifestyle. The branding strategy Sammy & Lobo’s Organic pet food include the following:
Tagline: Feed your
…show more content…
Sometimes the distinction between a brand and line extension isn’t crystal clear. he difference is a matter of degree: A slight new model twist may be going for depth; a vastly different model/ product extends the breadth (Iacobucci , 2014 p85). I selected the brand extension will be dog treats. There treats will also be 100% organic, providing a healthy and tasteful treat for your dog.
This product will be easily incorporated in our strategy as it will stand on the current brand name. Future plans will also include a lines of cat food.

Assemble a marketing strategy for your product, and determine an appropriate time table to implement your plan.
Pet-food companies are riding on the growing popularity of natural organic food for humans and are hoping people will extend those sensibilities to their pets. The message: It is not enough simply to feed pets; now, it 's important to ensure that they live longer and happier (Lee 2001, para 19)
The target market is in an excellent financial position to pay the additional cost for these products. The target market is 18 – 65 years old. The assumption for the younger age group is the parents will purchase the dog food for the children. All other ages are employed, and financially established. The secondary market will be female. Often time’s women make final decisions on what products to purchase for the
…show more content…
A company can benefit from its brand as long as the brand creates additional values for the customers.1–6 Brand image and brand personality bring extra benefits, such as trust, reliability, and sophistication. Perceptions of a brand are reflected by the brand associations in consumers’ memory (Chiang, Chih-Ying; Wang, 2008), We will focus on customers that love their pets and want to provide them with the best nutritional foods. The target market are customers from 18 to 65. With the assumptions that customer are willing to pay competitive prices for quality food. The name of the product are the names of the owner dogs. This consumer will be able to easily identify with the products and it could be the name of their pet. The logo is a picture of a dog, which clearly identifies this product is for dogs send the message of being trustworthy. The experience is about feelings of happiness, pride, appreciation, confidence, etc., not about money per se (Iacobucci, 2014). Our position to provide products as being competitively priced and 100% organic and healthy for your pets. Are meant to excite the consumer and instill confidence in our products. The strategy to target the demographics of 18-65 is perfect. Based on our marketing research, this group has buying power and the ability to influence others to buy these products. Our focus

You May Also Find These Documents Helpful

  • Better Essays

    In-N-Out Burgers basic values and philosophy is simple: make the highest quality product, prepare the product in a clean environment, and serve the product in a warm and friendly manner. Introducing a new product to In-N-Out Burgers traditional menu will challenge the products success with both existing customers as well as new customers. The introduction of the salad with a desirable zest to In-N-Out Burgers menu will bring a healthier choice to improve the menu and escalate customer satisfaction. The new product will be entering the market during the very competitive and less profitable maturity stage of the product life cycle. The target market for the new product will be families that want a choice in the fast food restaurant industry. The new salads with their flavorful attributes will give In-N-Out Burgers a competitive advantage because of their positioning and differentiation strategies at the right price.…

    • 1456 Words
    • 6 Pages
    Better Essays
  • Good Essays

    First in Show Pet Foods

    • 1350 Words
    • 6 Pages

    • More than fifty percent of the dog food market is still untapped thus there is an immense potential to grow in this market.…

    • 1350 Words
    • 6 Pages
    Good Essays
  • Good Essays

    Often times the type of messages transmitted trough marketing efforts have the intended target of a certain group. As those groups are captivated and drawn into the advertising, they are identified and singled in as the intended segment. Because these segments are the product of rigorous research and analysis of marketing specialist, the attitudes, perceptions, and needs are the key to creating promotional messages. In this paper I will analyze the different types of facets that are important to market individual groups identified by their age. The group I will focus on would be teenagers and how marketing specialist utilize the collected information…

    • 724 Words
    • 3 Pages
    Good Essays
  • Better Essays

    Breeder's Case Analysis

    • 1513 Words
    • 5 Pages

    Breeder’s Own Pet Foods, Inc. proposes to adopt a market penetration strategy due to having identified a growth opportunity in the dog food market, for its nutritionally balanced, high quality dog food brand, Breeder’s Mix. This premium product has been sold traditionally, to the show dog kennel market, but company executives are now convinced it can be repackaged and offered as a frozen premium product, to picky pet owners via general retail distribution channels. Since the product is considered premium, it should fetch premium prices because of its ingredients and its claimed benefits to animals: it consists of 85% fresh meat, 15% high quality fortified cereal with no additives or preservatives and will dramatically improve the coats of animals. (Kerin and Peterson, 2013). One of the major challenges for Breeder’s Own is convincing customers that frozen dog food is the wave of the future. Based on positive feedback from food brokers, the company believes it can carve out a substantial market share with this product. The initial plan involves test marketing in the Boston area and if successful quickly ramping up production to make it available nationally (Kerin and Peterson, 2013).…

    • 1513 Words
    • 5 Pages
    Better Essays
  • Good Essays

    Named meat, meat meal, organs and multiple protein sources are the first or main ingredients in all their pet products. The company focuses on natural nutrition, without artificial colors or dyes.…

    • 1022 Words
    • 5 Pages
    Good Essays
  • Good Essays

    Case 2 Breeder s Own

    • 1234 Words
    • 4 Pages

    Breeder’s Own Pet Food, Inc. is currently missing out on potential revenues from retail sales because they have not entered that market. Sales of dog food will total about $14 billion in 2011 at manufactures’ prices. There is a huge market and growth opportunity that they are missing out on. They need to make the public aware of the Breeder’s Mix brand name, what the packaging looks like, and the fact that Breeder’s Mix is a high-quality dog food. As well as direct dog owners to shop for dog food in the frozen-food section of supermarkets. They will have to overcome some key challenges such as overcoming potential objections to frozen dog food, lack of appeal of frozen food, pricing, and introducing a new food to a new market for their company.…

    • 1234 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Breeders Own Pet Foods

    • 482 Words
    • 2 Pages

    The category that Breeder’s Own compete is in frozen and refrigerated dog foods, which only makes up about 1% of the U.S. dog food dollar volume. Frozen dog food dollar volume is increasing every year. There biggest competition is with 5 major brand named dog foods that carry dry food, wet food and treats. The target market includes single and marrieds between the ages of 21-54 with a household income of $25,000. They plan to target these buyers by comparing the product to their competition by emphasizing the benefits of the sale. The attributes that stand out for Breeders own that are going to attract customers include the luxurious fur coat, the world’s finest dog food, the guilt concept (shouldn’t your dog east as well as you do?) and the fact the it is all natural.…

    • 482 Words
    • 2 Pages
    Good Essays
  • Satisfactory Essays

    Annie’s Inc. is a rapidly growing natural and organic food company who wants to enter a new category by introducing frozen food to their product line. The first product they will launch in this category will be frozen pizza and they need to make several marketing decisions around this. One important decision is deciding the target market for the new product so all the advertising efforts and other marketing mix decisions will be towards attracting this target audience.…

    • 455 Words
    • 2 Pages
    Satisfactory Essays
  • Better Essays

    -Consumers have trust in the brand because a veterinarian, who is very involved in the dog mushing industry, created it. Future plans include, expansion into the global and Internet market, a product mixes (introduction of feline and other types of dog food).…

    • 1773 Words
    • 8 Pages
    Better Essays
  • Powerful Essays

    | * New product name in the dog food market. * Highly priced. * Product will be located in freezer aisle; not with other dog foods. * Consumer objection to thawing food.…

    • 1226 Words
    • 5 Pages
    Powerful Essays
  • Satisfactory Essays

    Pet Food Persuasive Essay

    • 443 Words
    • 2 Pages

    This is not like any other typical store that you have heard or see while passing by a road but they are specifically popular among the pet owners for complete solutions of any pet health problems as well as the many ways to maintain the best health of our pets. They advice all the pet owners to choose the right Hypoallergenic pet food Langley, that are better…

    • 443 Words
    • 2 Pages
    Satisfactory Essays
  • Better Essays

    Organic food has quickly gained popularity over the years. What started as a trendy method that celebrities adopted has expanded mainstream and can be found in any thriving metropolis as well as many smaller towns and cities. Organic food refers to any type of produce or meat product that has not be treated with additional chemical preservatives when it is grown and therefore is considered to be of benefit to those that choose organic produce. Yet there are those that have not jumped on the organic bandwagon as they have reservations towards this option. We will examine both sides of the argument so as…

    • 1526 Words
    • 7 Pages
    Better Essays
  • Satisfactory Essays

    TechNavio's Analysts forecast the Global Pet Food market to grow at a CAGR of 6.35 percent over the period 2012-2016. One of the key factors contributing to this market growth is the increase in urbanization which has increased the purchasing power of people. The Global Pet Food market has also been witnessing a rise in the number of nuclear families. However, health issues faced by pets often restrict people from keeping pets in their homes and could pose a challenge to the growth of this market. TechNavio's report, the Global Pet Food Market 2012-2016, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Global Pet Food in the Americas, the EMEA, and the APAC regions, its market landscape, and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market. The key vendors dominating this space include Colgate-Palmolive Co., Del Monte Corp., Mars, Inc., Nestle S.A., and Procter and Gamble Co. The other vendors mentioned in the report are Agrolimen SA, Mogiana Alimentos SA, Nutriara Almentos Ltda, Partner in Pet Food, Total Alimentos SA, and Unicharm Corp. Key questions answered in this report: What will the market size be in 2016 and at what will be the growth rate? What are key market trends? What is driving this market? What are the challenges to market growth? Who are the key vendors in this market space? What are the market opportunities and threats faced by key vendors? What are the strengths and weaknesses of each of these key vendors? table Of Contents:…

    • 579 Words
    • 3 Pages
    Satisfactory Essays
  • Good Essays

    Avoid animal by-products, excessive grains, sugar, and preservatives. Making your dog’s food at home allows you to feed them a balanced diet of whole foods with any chemicals or preservatives. Mix raw, organic vegetables and organic, grass fed ground meat like beef or bison in a food processor. You can use a variety of vegetables (no onions, though!) and also add extras like eggs or avocado. If your dog is having health issues, homemade food can make all the difference in the world. Check out Cancer cure (for dogs only). We also give all of our dogs (and humans) in the family, Total Nutrition Formula. Your pets are important members of your family. Why not show them a little extra love with a better quality of…

    • 735 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    A World Without Brands

    • 309 Words
    • 2 Pages

    Brands are part of our daily life, they give us the information we need to buy a product, they have an informational function but also emotional. They make our life easier.…

    • 309 Words
    • 2 Pages
    Satisfactory Essays