2. Evaluate the achievability of the company objectives for Montreaux USA. Identify the most salient (or important) aspects of the chocolate confectionary industry‚ globally and domestically‚ that are critical for understanding a new product introduction of this type. Provide support for your conclusions. The objectives that Montreaux USA wants to achieve in the coming 3 years are national distribution of the new Montreaux product line‚ $15 million in annual sales‚ and to be within the top 25 in
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Priti Chaudhari MKT 5360 MBA: Block 13B Case: Montreaux Chocolate USA 1. Discuss the key challenges and marketing issues Andrea Torres must address at this time. There are many challenges and Priti Chaudhari MKT 5360 MBA: Block 13B Case: Cole and Parker: Socks that Start Businesses Priti Chaudhari MKT 5360 MBA: Block 13B Case: Cole and Parker: Socks that Start Businesses Priti Chaudhari MKT 5360 MBA: Block 13B Case: Cole and Parker: Socks that Start Businesses marketing issues that are standing
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Montreaux Chocolate USA: Are Americans Ready for Healthy Dark Chocolate? _Case Analysis 1. Discuss the key challenges and marketing issues Andrea Torres must address at this time. Why do you feel these issues and challenges are key to the success of the new product line? (1) Although the research tell us the 70% cocoa dark chocolate with fruit with healthy messaging and new stand-up pouch concept would be most attractive to the customers‚ and also built a sales forecast with it. But the company still
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Case StudyMontreaux Chocolate USA: Are Americas Ready for a Healthy Dark Chocolate COMPANY BACKGROUND company Apollo Foods Location Los Angeles‚ California‚ USA Industry Food Products Confectionary‚ Biscuits‚ Snacks‚ Cheese‚ Beverages‚ Convenient meats Division 4 divisions‚ 1 of it is Consumer Foods Group (CFG) Distributor 170 countries world wide Market share Second place in US chocolate market Year 2011 Revenue- $54.4 Billion Net Income- $3.5 Billion CHALLENGES • To Introduce
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Andrea Torres is the director of new product development at Montreaux Chocolate USA. She is in charge of delivering a comprehensive presentation to the Board of the company regarding her and her team’s research and findings about the purchase of the rights to distribute Monteaux’s European chocolate in the US‚ as a way to increase the company’s market share in pursuit of the upscale market segments. There are three main options she is considering and needs to be able to make recommendation as to
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• Montreaux Chocolate USA “loyalists” are between 45 and 64 years old‚ so the online survey may not be the best representative sample as many senior citizens may not take an online survey or not have internet access. • They has only considered selling its product in supermarkets‚ drug stores‚ and convenience stores but could be a great idea to try selling the product in stores attracting health-conscious customers‚ such as natural and organic stores that would increase the value of the product
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MONTREAUX CHOCOLATES USA MEMORANDUM TO: DAVID RAYMOND‚ MONTREAUX USA DIVISION MANAGER ANDREA TORRES‚ DIRECTOR OF NEW PRODUCT DEVELOPMENT CC: JENNIFER FITZGERALD FROM: MARIA TROPIANO SUBJECT: MONTREAUX USA PRODUCT LAUNCH DATE: APRIL 10‚ 2015 Executive Summary: As of October 2012‚ Andrea Torres‚ director of new product development at Montreaux Chocolate USA‚ needs to recommend whether or not the company should pursue a new product launch in the United States. The new product‚ a 70% cocoa dark
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Chocolates Chocolate is one of the most popular food types and flavors in the world. Chocolates have become traditional gifts amongst certain holidays; chocolate bunnies and eggs on Easter‚ chocolate hearts or chocolate in heart-shaped boxes on Valentine’s Day. Chocolate is also used in cold and hot beverages‚ to produce chocolate milk and hot chocolate. A lot of chocolate lovers don’t really know what or which type of chocolates they are eating. There are varies types and all differ in sense‚ taste
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Bottom of Form 1 History Of Chocolate 2 0StumbleUpon1 Chocolate! The name brings memories of a sugary and scrumptious sweet in your mouth. Each and every person in the world‚ whatever be his age or his sex‚ loves the delicious sin. In fact‚ chocolate is one of the most preferred gifts on every occasion‚ birthday or anniversary‚ Valentine’s Day or Christmas‚ wedding or farewell. Whether it is your wife or your boyfriend‚ your kids or your in-laws‚ you can present chocolates to almost everyone. While
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A Little of History Chocolate is typically sweetened food produced from the seed of tropical Theobroma cacao tree. Although cacao has been cultivated by many cultures for at least three millennia in Maxico and Central America‚ its earliest documented use is by the Olmecs of south central Mexico around 1100 BC. In fact‚ the majority of Mesoamerican people made chocolate beverages‚ including the Mayans and Aztecs. The seed of cacao tree have an intense bitter taste and must be fermented to develop
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