...Kudler Fine Foods Virtual Organization Marketing research is imperative for any firm to be successful in the industry in which they operate. Detailed analysis of the industry and market that a company competes in can provide the business with useful information that can help direct the company in the proper direction by fine-tuning some of the company decisions for implementing a successful marketing plan (Perreault, Cannon, & McCarthy, 2011). Developing a marketing plan will involve the market researchers and management improving or implementing a marketing mix for their customers and targeting a segment of the industry and market that want to capture. Kudler Fine Foods is an excellent example of a company that should focus on improving their company’s customer base and expanding customer awareness about the company. Marketing research is vital in this company’s success and longevity in the food industry that they compete in. With such a wide variety of chooses that the customers in the food industry have to choice from, this upscale specialty food store will need the information for marketing research to help determine the next steps that this business should take. Marketing research can also help decide what edge the firm needs to take to remain competitive in their market. This discussion will identify the areas where additional marketing research is needed for Kudler Fine Foods, analyze the importance of competitive intelligence as well as analyze information regarding...
Words: 1150 - Pages: 5
...Table of Contents 1.0 Company Profile 3 1.2 Industry Anaysis: 4 Macroenvironment for FMCG industry: 6 Structural Analysis: 6 Design and Manufacturing: 6 Distribution and Marketing: 7 1.2 Area of Research 8 1.3 Why This Area of Research? 9 1.4 Problem Statement 10 1.5 Purpose 11 1.5 Methodology 11 1.6 Brief Outline of the Study 12 1.0 Company Profile Haleeb foods came in to existence in the year 1986 by producing the first product labelled as Haleeb Milk. Ever since its beginning Haleeb Foods has been producing quality products for its consumers. Haleeb as a company has not merely been concentrating on the product itself but they have been engaged in making efforts to bring out innovative and creative packaging for the products that they offer. Haleeb foods have undergone numerous ventures in their 27 years of existence. To enlighten the achievements for Haleeb foods we can highlight the product launches that they have been making occasionally to fully capture the market and to satisfy the evolving needs and preferences of the consumers of Pakistan. Taking forward from what they produced first, in the year 1997, Haleeb foods produced Haleeb Asli Desi Ghee, followed by Haleeb Cream and Candia Skims Milk Powder in the year 1998, followed by Candia Skims Milk Liquid Powder. The above stated examples depict how Haleeb Foods has been concentrating not only on concentric diversification...
Words: 3136 - Pages: 13
...Kudler Fine Foods Marketing Research University of Phoenix Christy Holley Kudler Fine Foods Marketing Research Kudler Fine Foods, a gourmet grocery store, needs to expand its services, improve operations efficiency and increase its consumer purchase cycle due to its recent significant growth. Marketing research in developing Kudler’s marketing strategy and tactics is important. Areas where marketing research is needed and other issues affecting such research at Kudler’s include advertising methods, consumer buying behaviors and demographics, funding, branding strategies and competition aspects. Knowing Kudler’s competition and the competitive environment is essential to their marketing strategy and methods of how Kudler should gather and analyze information about their competition will be reviewed. Importance of marketing research Marketing research is important for Kudler Fine Foods to have a successful marketing strategy and for the company to remain strategically successful in the grocery store market. Research helps determine what demographical audience is appropriate for its products. Finding the right target market is essential in developing a company’s strategic and marketing plans, especially for a gourmet grocery store like Kudler’s. Research will be the backbone that makes those plans grow. Market research will also let Kudler know who its direct competitors are and what advantages the company may have over them. Whole Foods, Trader Joes, small...
Words: 2345 - Pages: 10
...Kudler Fine Foods Marketing Research University of Phoenix Christy Holley Kudler Fine Foods Marketing Research Kudler Fine Foods, a gourmet grocery store, needs to expand its services, improve operations efficiency and increase its consumer purchase cycle due to its recent significant growth. Marketing research in developing Kudler’s marketing strategy and tactics is important. Areas where marketing research is needed and other issues affecting such research at Kudler’s include advertising methods, consumer buying behaviors and demographics, funding, branding strategies and competition aspects. Knowing Kudler’s competition and the competitive environment is essential to their marketing strategy and methods of how Kudler should gather and analyze information about their competition will be reviewed. Importance of marketing research Marketing research is important for Kudler Fine Foods to have a successful marketing strategy and for the company to remain strategically successful in the grocery store market. Research helps determine what demographical audience is appropriate for its products. Finding the right target market is essential in developing a company’s strategic and marketing plans, especially for a gourmet grocery store like Kudler’s. Research will be the backbone that makes those plans grow. Market research will also let Kudler know who its direct competitors are and what advantages the company may have over them. Whole Foods, Trader Joes, small...
Words: 2345 - Pages: 10
...Kudler Fine Foods: Marketing Research Julia Child adapted sophisticated French cuisine for mainstream Americans when she released her cookbook, Mastering the Art of French Cooking, in September 1961. The two-volume cookbook was groundbreaking at the time and is considered a standard guide for the culinary community. Since the publishing of her cookbook and airing of her televised cooking show, practicing one’s culinary skills has become commonplace. Kathy Kudler is no exception. She has turned her passion for gourmet cooking into a successful business venture by starting her own business; Kudler’s Fine Foods. Kudler Fine Foods Sales Strategy The first Kudler Fine Foods specialty gourmet store, located in La Jolla, California, was opened in 1998. Kudler’s first store was so successful, turning a profit in the first year that two additional stores were opened in the years following in Del Mar in 2000 and Encinitas, California, in 2003. The company sells gourmet foods in these up-scale communities to customers who are willing to pay a premium for premium quality foods and service. The theme of Kudler’s sales strategy is to “Delight our new and existing customers” (Apollo Group, 2009). With this in mind, Kudler has created three strategic sales objectives aimed at promoting their foods and services, building new relationships with potential customers, and reinforcing the same with its current customers. The first of these strategies is to create new customer focused...
Words: 1370 - Pages: 6
...Marketing Research Paper Denise Guerrero MKT/421 Monday, October 5, 2012 Sheryl Joyner Marketing Research Paper To establish a successful business in a competitive market, a company must have an effective marketing team. The marketing segment of an organization is responsible for development and execution of a strategic business plan for future business opportunities. A constant essential in the appropriate development of a marketing strategy is marketing research. Kudler Fine Foods is an organization successful in the gourmet grocery industry in California however there are some marketing research needs that can enhance the success of the business. To fully understand the needs of Kudler Fine Foods marketing needs, it is essential to understand the importance of marketing research and competitive intelligence analysis in developing Kudler Fine Foods marketing strategy and tactics as well as identifying areas where additional market research is needed that may aid in the development of strategic planning for the organization. Understanding each element is crucial to provide a concise evaluation of the marketing needs for Kudler Fine Foods. Marketing research is the ability to identify customer needs and evaluate a company's success in satisfying those needs (Perreault, Cannon, & McCarthy, 2011). The business study incorporated in marketing research allows companies to build a strategic business plan, implement a new product or service as well as improve...
Words: 1308 - Pages: 6
...Differentiating Between Market Structures Jennifer Monereau ECO365 May 26, 2014 Dennis Mc Guckian I evaluated the differences between market structures and review the organization’s strategic plan, marketing overview, market surveys, and other material to evaluate the organization’s competitiveness in the marketplace, including its customers’ views. I also identified the market structure that I believe best applied to this organization, and assessed how the market structured positively and negatively affect the firm’s long-term profitability. This paper is going to analyze how Kudler Fine Foods will maintain and grow with a profit. The market campaign chosen must step up to the plate and make this happen. Things could go as planned but it's highly based on the market team. They have to know what it takes to make this productive so that Kudler can see a profit overall. Kathy Kudler hired me to review and make some recommendations. This paper is going to analyze how Kudler Fine Foods will maintain and grow with a profit. Kathy Kudler has a vision to provide quality products to others. Therefore in 1998 she established Kudler Fine Foods which consist of many imported and domestic products. Some of the products are fine wines, meats and seafood, bakery, and cheeses to name a few. The first location was in La Jolla, California which was a success and Kathy decided to open another in 2000 and then a third in 2003 (University of Phoenix). All three locations were located in...
Words: 1275 - Pages: 6
... being obese can cause physical, social, and psychological damage, and can ultimately affect the child’s overall quality of life which can follow the child into adulthood (Maziak, Ward, & Stockton, 2007). The food industry has not made significant improvements to production or food marketing toward children. Therefore parents must take control of childhood obesity to help with a better future for America’s youth. Research suggests that childhood obesity rates will continue to rise because children are targeted by marketing strategies, the food industry is not showing signs that substantial changes to marketing and production targeting youth that are needed will happen any time in the near future and also because the evolution of society has aided in creating a sedentary lifestyle. Health and government officials have seen alarming statics in the increase of childhood obesity rates. The increase and health concerns have had severe enough increases that officials are referring to the situation as an epidemic. Some of the risk factors associated with obesity are high cholesterol, high blood pressure, and diabetes. Two of the leading causes of death in the United States are heart disease and cancer, obesity is a large contributing factor to these diseases (“Unregulated Food Advertising, 2012). Because of the seriousness of the health...
Words: 2580 - Pages: 11
...Kudler Fine Foods Lisa L. D'Annunzio MKT/421 Marketing April 20, 2011 Judith Longmeyer, MBA Kudler Fine Foods Kudler Fine Foods is an upscale gourmet food market. Kudler specializes in fine bakery products, meats and seafood, produce, cheese and dairy, and wines. The company wants to expand with a new location. With the expansion, Kudler needs to focus on the marketing strategy and incorporate additional marketing research. Competitive intelligence and analysis helps Kudler redefine the marketing strategy. Importance of Marketing Research According Kerin, et. al. (2009), “Marketing research is the process of defining a marketing problem and opportunity, systemically collecting and analyzing information and recommending actions” (Marketing, 2009, p. 199). Marketing research helps create long-term business plans, launch new products or services, and expand into new markets. Market research determines what the consumer desires in the store and the ranking against competitors. Kudler identifies the market share through research. Marketing research involves five steps. The five steps are defining the problem, develop the research plan, collect relevant information by specifying, develop findings, and take marketing actions (Longmeyer, 2011). Using the five steps of market research identifies the weaknesses and strengths in the expansion development. Additional Market Research For Kudler to remain competitive, they need additional market research in business...
Words: 701 - Pages: 3
...International Marketing To Children The prevalence of childhood overweight and obesity is reaching unprecedented proportions in Australia and internationally. The most recent research on the prevalence of overweight and obesity among children, from kindergarten to school year 10 in New South Wales, Australia, indicates 8% of boys and 6% of girls are obese and 17% of both boys and girls are overweight (Booth et al., 2006). Food marketing to children has been recognized in a joint report by the Food and Agriculture Organization and the World Health Organization as a probable causal factor in childhood overweight and obesity (World Health Organization, 2003), influencing children's food preferences, at both the brand and category level, purchasing behavior, purchasing requests and food consumption habits (McNeal, 1987 Committee on Food Marketing and the Diets of Children and Youth, 2005; Hastings et al., 2006). Television is typically both the main electronic medium with which children engage (Linn, 2004) and the primary source of advertising used by the food industry (Hastings et al., 2003). Previous reviews on food marketing to children have focused primarily on television, as there is a lack of published studies on other marketing avenues. In a systematic review prepared for the UK Food Standards Agency (Hastings et al., 2003), it was acknowledged that the majority of the available research was based on television as an advertising medium, with only 5 out of 50 reviewed...
Words: 1089 - Pages: 5
...Marketing Research Assignment – Wendy´s Case Martin Meister – Boston University THE WENDY´S CASE A DEMOSTRATION HOW MARKETING RESEARCH AND ANALYSIS CAN HELP RESOLVING A MANAGEMENT DECISION PROBLEM Martin Meister – martinmeisterg@yahoo.com Boston University - MET AD 856 fall 2012 – Professor Vladimir Zlatev February 27, 2012 1 Marketing Research Assignment – Wendy´s Case Martin Meister – Boston University Table of Contents Introduction ...................................................................................................................................................... 3 1. - Problem Definition ....................................................................................................................................... 3 a. - Background to the problem...................................................................................................................... 3 b. - Statement to the problem........................................................................................................................ 4 2. - Approach to the Problem ............................................................................................................................. 5 3. - Research Design ........................................................................................................................................... 8 a. - Information needs ........................................................................................
Words: 6651 - Pages: 27
...Marketing Research Stephanie King MKT/421 June 18, 2012 Bob Balcerzak Marketing Research Kudler Fine Foods is a unique epicurean food shop. They first opened in 1998 and since then have opened two additional store locations. They are well known for their cheese and wine products but also carry a wide variety of the freshest produce, meat, seafood, and bakery items (Kudler Fine Foods, 2011). Kudler just like any organization needs to make good decisions concerning the marketing research for the organization. Marketing research is all the details that go into discovering a problem or an opportunity and then solving it. It is also used most of the time to try to reduce some of the risks there are in an organization (Kerin, Hartley, & Rudelius, 2011). There is always room for additional marketing research in any organization. This is an ongoing process used to keep a company moving forward. Since Kudler Fine Foods opened the first store in 1998, they have been a leader in the fine food market in the San Diego metropolitan area. It is very important for Kudler and any organization to use marketing research everyday to help the organization grow. Marketing research is used to bring the organization more knowledge about what they are looking for which can then bring them to more of an understanding which can then lead to a better profit for the company. The only way to effectively please the target customer is to meet or exceed their needs and wants with the product...
Words: 1099 - Pages: 5
...boundaries of social marketing: activism or advertising? By Walter Wymer Journal of Business Research - J BUS RES , vol. 63, no. 2, pp. 99-103, 2010 Article Review: Walter Wymer is currently a faculty member in the Management department of University of Lethbridge, Canada. He has done extensive research in areas of nonprofit organizations’ marketing strategies and their effectiveness. His areas of expertise are nonprofit studies, volunteerism, business ethics and social activism. In the above mentioned article, Wymer aims to highlight the ineffectiveness of tactics of social marketers in trying to promote healthy food consumption by the public. The main focus of the article is to imply that conservative approach of social marketing in no longer helpful in yielding positive response from the people and a more rigorous approach is needed to negate the unhealthy consumer behavior. Marketing strategies around the world are enhancing, more and more is being invested in trying to influence peoples’ decisions and behaviors through marketing and advertisements. Social marketing agencies are highly lacking the right skills needed to direct the behavior of consumers whereas commercial marketing industries are vigilantly taking advantage of the wide array of mediums like television, radio, internet, social media websites, blogs, vlogs, etc to promote their products. Wymer emphasizes about the extent of influence on people created by commercial marketing. The current trend...
Words: 1985 - Pages: 8
...describe the methods used to make marketing decisions based on the behaviour of the customers, competitors and the market environment. research can be used to decide if some restaurant needs to be closed if satisfactory profit is not Marketing Research: Marketing research is aimed to help organisations make effective decisions by providing by providing information that can inform the decision making process Different Types of Marketing Research: There are two types of marketing research, they are: Primary Research- Carried out to find new information required for a marketing research project, which has never previously been collected. Secondary Research- Makes use of work already carried out by someone else for some other marketing project or other purpose. Examples of primary research: * Observation- Useful when a topic first needs to be explored, for example how children play with a new toy. There is no communication between the researcher and the people being observed. * Experimentation- Researchers use it to try to identify the impact of a change in something such as price or packaging format while keeping everything else the same. * Surveys- Use questionnaires to collect data by face-to-face interviews, using the post, email, telephone or internet. Used to obtain data about attitudes, awareness, motivations and lifestyle. Examples of secondary research: * News reports- newspapers produce country and industry reports on a regular basis as well...
Words: 940 - Pages: 4
...MARKETING INFORMATION: MANAGEMENT AND RESEARCH MKTG 652 Instructor: Srini S. Srinivasan Office: Matheson - 502D Office Hours: Will be announced in the class. Reading Materials: Reading Packet from www.xanedu.com (Please go to the last page for further details). Course Objectives: The course objectives are to: ✓ Expose students to the various aspects of marketing research. ✓ Solve simple marketing research problems. ✓ Offer experience in executing a marketing research project. Pre-requisites: Students taking this course are expected to have completed a statistics course. To help you refresh your memory, a note on important statistical underpinnings is given here. Please read this and come prepared to the class. Method of Instruction: We will be using a combination of lectures, student discussions, case analyses, data analyses and projects. The emphasis will be on the students’ involvement and participation both individually and in groups. Given the graduate level of the class, students are expected to read the assigned material and come prepared to discuss them. Students can expect to work for at least 2 hours outside the classroom (in reading assigned materials, meeting with groups for their project work to perform necessary brain storming/data collection/data analyses and library research) for each hour of classroom time. Students, as part of a group will be responsible for ✓ Research Project. ✓ Case...
Words: 2634 - Pages: 11