...Marketing Fundamentals Cowgirl Creamery Product Strategies Cowgirl Creamery is an artisan cheese producer offering locally grown, organic specialty cheeses. Cowgirl Cheese is a mid-size business with three retail stores where the left over portions of wholesale products sold are offered to the public. The majority of the products Cowgirl Creamery creates are sold to restaurants and other retail or grocery stores. Like many businesses, Cowgirl Creamery has felt the effects of the economic recession and is beginning to experience reduced growth. Cowgirl Creamery and its specialty cheeses have reached the maturity stage of the product life cycle. To remain a viable business, Cowgirl Creamery faces several difficult decisions to make. A comprehensive change in how they sell their products may be one option that will allow company to continue to grow in today’s economic environment. There are several product strategies a marketing division can use to promote sales and growth. One option for the Cowgirl Creamery is to reduce the product line in order to reduce manufacturing costs. Cowgirl Creamery produces several unique cheeses that require specific ingredients in relatively small amounts in terms of wholesale purchasing. By cutting down on their higher cost products, the expense to revenue ration should be reduced. The reduction of products may have two effects. Either loyal customers will buy similar alternative products from Cowgirl Creamery, or they will lose the customer...
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...POLITICAL “Penny Thomas an MBA graduate acquired the ownership rights to Marble Slab Creamery franchise located in Ontario, Canada” (Zatsman & Grasby, 2009, p. 1). “NexCen Brands Inc. owned the Marble Slab but played small role in the daily operations of their locations” (p. 2). In an ice cream industry, any changes in regulatory for foods such as diary could force changes in this type of business. But since “assistance is given in terms of financing, real estate and marketing, and because the store is backed up by a large well-established company” (p. 2), her franchise have the ability and privilege of financial risk of any financial disaster being reduced and the consequences of being not as much severe. This acts as a safety net for Thomas’ store, which is helpful and the store can feel more secure. ECONOMICAL When global economic strike, for instance in U.S, it affects the economic outlook and result to people spending less. A recession in United States “raises fear on how the Canadian economy will be affected later with the decline in Canadian exports and commodity prices (Zatsman & Grasby, 2009, p. 3)”, and this could possibly hit the country’s economy. This instability increases concerns for the business, might hurt in the future because if recession does hit, less consumers will be able to afford the “high quality, super-premium” (p. 1) of Marble Slab so sales will decline. Also the business deals with “dairy products, commodity products such as cocoa and sugar...
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...socialmediaexaminer.com/cold-stone-transforms-the-ice-cream-social-with-faceb ook/) Ice cream has always been social. But Cold Stone Creamery has found a way to make it even more so—with Facebook. Today, Cold Stone continues to innovate outside the kitchen, recently releasing what may be the first eGift feature on Facebook, and running contests that get thousands engaged even more deeply with the brand. The payoff goes well beyond greater customer engagement; Cold Stone’s promotions add to the bottom line by moving people from their computers to physical stores. In July 2010, Cold Stone made eGifting more tangible. Now you can send Facebook friends a code for an actual ice cream creation eGift, ranging from $5 to $7, right from the Cold Stone Facebook fan page for delivery via Facebook or email. Like a gift certificate, recipients can instantly redeem the gift at any of the retailer’s American locations by showing a printout or the code on their mobile phones. For a viral effect, the eGift shows up in the recipient’s News Feed on Facebook, so all friends can see it. One of the first brands to enable eGift Social, created by First Data Corporation, Cold Stone links its social media presence directly with sales. “The strategy, and really our goal, for eGift was more for that everyday gift,” said Suzanne Schutz, vice president of marketing at Cold Stone Creamery. So far, the results are impressive,...
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...General Purpose: To Inform Specific Purpose: My hope is that after hearing my speech, the audience will have a better understanding of all the history that Brenham has. Thesis: I am going to explain the shopping, history, and reasoning for how this topic relates to me. Organizational Pattern: Topical A Trip Downtown Introduction 1. People who have not seen Downtown Brenham may not be familiar with its history. 2. I have always loved traveling to places and reading and learning about the history. 3. There are many historical and amazing places to visit and do in Brenham. One of these things is Brenham’s Blue Bell Creamery. 4. I am going to talk about the shopping, history and reasoning for why this topic relates to me. 5. My hope is that after hearing my speech anyone who is not familiar with the history or attraction sites of Downtown Brenham will be. Connective: Everyone, weather you are young, old, boy or girl loves to shop. Downtown Brenham has numerous places for people to shop. Body 1. Down town Brenham is filled with so many different types of shops and attractions. A. Brenham’s shops and attractions range from antiques to fashion and jewelry. 1. This includes places such as Nellie’s and Main Street Mall. 2. Shopping in Downtown Brenham can be one of the most fun and unique experiences. B. Places like Main Street Mall and Nellie’s helped...
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...Background on the Marble Slab Company: Marble Slab Creamery founded in 1983 in Houston, Texas. It was an independently owned and operated franchise around the United States, in 2003 Cream Company was given the rights to license and develop Mable Slab franchises in Canada. In Feburary 2007 Marble Slab Creamery was purchased by a company called NexCan Brans Inc. Mable Slab nearly 400 stores worldwide and its main product was Ice Cream. Executive Summary: P. Thomas has recently acquired herself a franchise of Marble Slab Creamery. Penny Thomas had set herself the goal of making $400,000 in revenue within the first year of business, Penny plans to invest $10,000 from her long term loan into marketing and really promoting the opening of her franchise of Marble Slab Creamery. To achieve the goal of $400,000 in a year Penny needs to sell at a dollar amount of $1,096 daily, assuming the average sale is $5.20 per product, this means on a daily basis Penny would need to sell on average 211 products. ($400,000/365days = $1,096 per day) ($5.20 X 211 products = $1,097.20) (Exhibit 1) To create a flourishing business, the owner has to select a target market that they want the advertisement to appeal to, then they must determine an efficient way to reach out to that market. For advertising her franchise Penny should try to focus on using Pattison Outdoor as it is the most efficient way to reach mass amounts of customers covering a larger target market. Penny could purchase multiple street...
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