While attempting to break into an all ready dominate commerce, Breeder’s Own Pet foods will have to unequivocally convince their target audience that its product is more organic and better for your pet (s) than the dog foods that have dictated this commerce for years. The mix marketing-strategy that Breeder’s Own Pet Foods must use should be cleaver enough to augment the appeal of frozen dog food to new pet owners and lure faithful patrons away from the three traditional deliveries; nevertheless, priced efficiently enough to target any tier of our social class structure (Kerin & Peterson, 2013).…
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.…
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.…
Menu Foods was the largest maker of wet cat and dog food in North America, and the company was identified as a supermarket, pet product retailer or wholesaler. In 2007, Menu Foods was part of a recall of up to 100 brands and 60 million cans of pet food, which was the largest pet food recall in history. On March 15th. 2007, the FDA, the Food and Drug Administration, initiated the pet food recall. But not until April did the FDA announce that it was an ingredient, wheat gluten imported from China that contained the melamine which led to a kidney failure. This contaminated food caused 100 pets to die by the end of March and caused nearly 500 kidney failures. Menu Foods’ crisis communication was ineffective in three ways: first, Menu Foods did not institute a product recall until March 16, 2007, 24 hours after the FDA initiated it, which demonstrated that Menu Foods lacked a quick response to the crisis; second, its CEO, Paul Henderson, lacked clarity in answering questions during the investigation, which demonstrated that Menu Foods lacked transparency; third, Menu Foods did not apologize to the public, which demonstrated a lack of concern and sympathy for the victims of the crisis.…
The dog food market is an enormous $10 billion market. Positioning within this market will require some careful consideration of the market dynamics. Due…
Discuss the essential activities involved in the initial planning of an audit. How do these all specifically to the Smackey Dog Food client?…
The food industry is an area of business that many people and corporations often find success. Food plays a major part in human survival because it is one of the basic necessity needs, to survive, you must eat. In the food industry, there is a variety of food chains with different menus and different types of food. However, to be highly successful and sustain durability and consistency in the food industry, you have to have a product that is unique and that people love. A product that is exclusive in the beginning making the demand to rise. It has to be something that people find delicious and continue to buy.…
| -Distributed in Boston where person to pet ratio is good- Marketing to a big variety of customers instead of just on- The quality of the dog food is very high…
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…
After meeting with representatives from Marketing Momentum Unlimited, Breeder’s Own had to make a decision if the company wanted to expand their market share into the retail brand dog food market in the Boston area. Boston represents 1.2 percent of the US dog-owned population resulting in 938,400 dog owners that could potentially be reached in this market. (See Appendix, Exhibit 1) The problem Breeder’s Own was facing was if the proposal could achieve a 15 percent return on sales in its introductory year.…
The Smackey Dog Food, Inc. is a family owned business. It was started by three sisters, Sarah, Kim and Jillian, in the kitchen of their home. They lived in a suburban area of Chicago, Illinois. Their business is making all natural dog food. After using their own dogs and the neighbor’s dogs as test subjects, it was discovered by local vets, pet stores and grocery stores. These local places began to distribute the dog food. The demand for their food began to increase and they moved their business to a larger facility and hired additional workers. As compared to competitors, Smackey Dog Food, Inc., began to rise significantly. Due to the increase in sales, the sisters decided to expand and add a new division called Best Boy Gourmet. In order to secure an additional loan for their expansion, the bank has requested an audit of the current financial statements. Sarah, the President and General Manager of the company is sure the company will be able to get the loan based on projections from Jillian and her sales team. Keller CPA’s was hired to perform the audit. My team and I will create a plan for the audit and form an opinion about the financial statements which will be reviewed by the bank in order to get the $150,000 loan.…
Maple Leaf Foods (MLF), a result of many mergers and amalgamations, has been in Canada for over 100 years. Its operations focus on three core areas: meat products, agribusiness and bakery products. The meat product group is the largest, with sales to about $2.5 billion in 2000. Each business is made up of independent operating companies (IOCs), with each IOC run by a president and encouraged to follow a common set of values. Efforts are underway to optimize vertical coordination of the IOCs. A major concern for the meat product division is the loss of market share in the hot dog industry where average price per kilo is increasing while volume sold by MLF is decreasing.…
| Fist in Show Pet Food Inc. are employing Market Development Strategies as show-dog kennels product awareness increase. Conservative product distribution, i.e., initial rollout of product, such as distribution to Boston supermarkets with adjustment to enhance value to target market.The Transition/ shift to frozen food should invoke the consciousness that frozen foods are fresher than dry or canned foods and some dog treats. Market and Product flow into each other, and are inseparable as far as success is concerned.…
Customers tend to return to a place where they were treated justly. New products that have financial guarantee can gain consumer loyalty for future purchases. The ability to sell only from our flagship stores and online is not a complete loss. The large advertisement budget reaps opportunity to push sales via coupons, pet store reward cards (if applicable), price matching, and instore sales for the Pawganic line will entice consumers. Developing a clientele amongst similar competitor products as well as highly advertised inexpensive products is the key…
Many adults, single or married, that are between the ages of 21 and 54 consider their pet to be a part of the family. This is why Show Circuit Dog Food's target market will consist of this age group.…