...HERNAN ANTONIO BAEZ BAEZ Segundo informe: Estudio de mercados para el producto “YUQUITAS”. UNIVERSIDAD PEDAGOGICA Y TECNOLOGICA DE COLOMBIA FACULTAD DE CIENCIAS ECONOMICAS, ADMINISTRATIVAS Y CONTABLES FORMULACION Y EVALUACION DE PROYECTOS TUNJA 2013 ESTUDIO DE MERCADOS PARA EL PRODUCTO “YUQUITAS” La demanda de snacks está basada principalmente como productos alimenticios de bajo costo que ahorran tiempo al consumidor, en especial para eventos de consumo masivo y que de igual manera permiten ahorrar tiempo a los padres en la entrega de alimentos para sus hijos. El consumidor universitario se puede diferenciar en dos grandes grupos: * Hombres * Mujeres Las razones para el consumo de snacks dentro de la universidad son: 1. Consumo en reuniones de integración, usado como aperitivo, esto gracias a su presentación y bajo costo. 2. Consumo esporádico durante el día por falta de tiempo, gusto, bajo precio de estos productos, facilidad de transporte. En el segmento de los snacks el reto está en lograr ubicarse en el lugar de preferencia de los consumidores y hacer propios todos los momentos de consumo. En la categoría de snacks en Colombia se destacan tres fabricantes, Frito Lay, Yupi y Súper Ricas, los dos primeros de cobertura nacional y el último con gran posicionamiento en la capital del país. Entre sus productos principales están: papas, mixtos, extruidos de maíz, tortillas, maní, plátanos y harinas. Sin...
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...CHAPTER I. INTRODUCTION A snack bar usually refers to an inexpensive food counter that is part of a permanent structure where snack foods and light meals are sold. A beach snack bar is often a small building situated high on the sand. Besides soft drinks, candies and chewing gum, some snack bars sell hot dogs, hamburgers, french fries, potato chips, corn chips and other foods. While this is usually the case, sometimes "snack bar" refers to a small café or cafeteria. Various small, casual dining establishments might be referred to as a "snack bar," including a beverage and snack counter at a movie theater and/or a small deli. Many places that have snack bars have a "No Outside Food or Drink" policy, to encourage sales. The first known use of the word "snack bar" was in 1930. A snack food or commonly called snack is seen in Western Culture as a type of food not meant to be eaten as a main meal of the day, unlike breakfast, lunch or dinner but rather a assuage/moderate a person’s hunger between these meals, providing brief supply of energy for the body. The term way also refers to a food item consumed between meals purely for the enjoyment of its taste. Snacks are terrific way to satisfy hunger and get all the vitamins and nutrients your body needs. For people who has hectic schedule on school, work, travelling and other activities, it may feel like there’s no time for healthy eating. When trying to stop eating, it’s probably tempting to go the quick...
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...of well established competitors such as Pepsi Co. What I have tried to understand in this research is the satisfaction level and the preference of consumers towards Bingo chips introduced by ITC. I even intend to study the most popular flavor of Bingo chips in the market amongst the sample chosen. Wafer and Snack industry are a very minor part of the food processing industry as the snack sector is largely unorganized. For this a survey was conducted in GREATER NOIDA where respondents were asked to fill a questionnaire The data was collected and analyzed to obtain conclusions This report carries an introduction of the company profile, detail of the methodology followed detailed data analysis and the results so obtained with the variety of graphs along with given. Table of contents S.No | TOPICS | 1. | Acknowledgement | 2. | Overview about the snack industry | 3. | SWOT analysis of snack industry | 4. | Company Profile | 5. | Strategies followed by ITC | 6. | Literature Review | 7. | Research Objectives | 8. | Research Design and Methodology | 9. | Data collection | 10. | Data analysis method | 11. | Analysis and Interpretation | 12. | Findings and Conclusion | 13. | Bibliography | Acknowledgement Every study requires a guidance of someone who is working in that field. Firstly I would...
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...BRAND MANAGEMENT ASSIGNMENT ON CASE STUDY ‘COOKING UP MAGGI NOODLES’ Submitted To: Prof. R. Ravi Sir Submitted by:Group No. 6 Anubhav Gupta (Group Leader) 14 Abhay Rathod 33 Dhrupal Patel 27 Meenakshi Mathpal 04 Manikandan B. 43 Amit Sharma 80 Q.1 How did Maggi climb the ladder of success through its branding activities in its initial years? Ans.NESTLE introduced Maggi brand in INDIA in 1982. Maggi also good substitution of chinese noodles in India Indian like spicy food habit so Maggi launched masala flavor to attract indian consumers. With the launch of Maggi noodles, NIL created a new food category in Indian packaged food market. In India, Maggi became a popular snack food product. In fact, "Maggi" has become a generalized name for instant noodles in India Maggi brand replaced favourite Indian desi snack such as samosa and kachoris with hot bowl of maggi noodles. Maggi brand make image of instant and convenience for housewife and working women. Maggi used tagline “fast to cook, good to eat” which support to indian audience. It helps mothers with the promise of fast to cook and good to eat snacks. „convenience savvy time misers‟ Power of Maggi Maggi belongs to brand Nestle It never uses Nestle name in its advertisements. It has become a brand in its own name Dominates Nestle brand Tagline Taglines like 'Mummy, bhookh lagi hai' (Mom, I'm hungry) 'Bas 2-Minute,' (Only 2 minutes) 'Fast to Cook Good to Eat' effectively communicated the...
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...the product itself is considered to be in a growth stage with a market share of 16% in the branded snacks food category, it has been successful to a large extent in creating the required Brand recall for the category INDIAN SNACK INDUSTRY: Snacks are a part of Consumer Convenience/ Packaged Foods segment. Snack is describes as a small quantity of food eaten between meals or in place of a meal. Snack food generally comprises bakery products, namkeen, ready-to-eat mixes, chips and other light processed foods. According to Ministry of food processing, the snack food industry is worth Rs 100 billion in value and over 4,00,000 tonnes in terms of volume. Though very large and diverse, the snacks industry is dominated by the unorganized sector. According to a survey almost 1,000 snacks items and 300 types of savouries are sold across India. The branded snacks are sold at least 25% higher than the unbranded products. Though there is no particular time for snacks, normally they are consumed at teatime. There is large no. of varieties with specialities from all regions, which have gained national acceptance. The industry has been growing around 10% for the last three years, while the branded segment is growing around 25% per annum to stand at Rs.6000-Rs.6,500 crore, due to various reasons like Multiplex culture, snacking at home while watching T.V, pubs and bars. In the branded snacks market, Frito Lay commands a share of 45%, followed by Haldiram’s at 27% and ITC at 16%. The rest...
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...information about JSTOR, please contact support@jstor.org. The University of Chicago Press and Journal of Consumer Research, Inc. are collaborating with JSTOR to digitize, preserve and extend access to Journal of Consumer Research. http://www.jstor.org This content downloaded from 217.147.235.142 on Fri, 27 Feb 2015 11:49:40 UTC All use subject to JSTOR Terms and Conditions Behavioral Televised Evidence Food of the on Effects of Messages Children GERALDJ. GORN E. MARVIN GOLDBERG* Two weeks of daily exposure to televised food and beverage messages at a children'safternoonsnack choices. summercamp alteredfive- to eight-year-old morecandyover fruit Children viewedcandycommercialspickedsignificantly who as snacks. Eliminating candy commercialsprovedas effectivein encouraging the commercialsor nutritional to as the selection of fruit did exposing the children fruit publicservice announcements. effects of television advertising on children have been the subjectof considerableresearchfor well over a decade. The substantialbody of literaturethat...
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...Block Coffee Shop 10 One Way Blvd Campus, MD 20010 05/17/2016 Dear Sir/Madam: I ‘m a frequent client to Block Coffee Shop. I been coming to your coffee shop for over a year. I lived in a tiny apartment across the street and the coffee shop very convenience for me. I come during the day to get my cup coffee and donut and during evening I come by to study and eat some healthy snack such as your delicious snack bars and smoothie. I love coming to your coffee shop. The feeling of the atmosphere is grooving and always exciting making sometimes hard to focus on school work. The only thing that is missing its having a printer in the store. The coffee store will make more profit by adding a printer. It will bring in more new customer from the neighborhood. People would be able to print and buy coffee and snacks. This will increase sells and the printer and accessories will pay by it selves without putting money from the store. However without having in store printer I will have to go to a distance to be able to print. Sometimes I have to walk 5 blocks to ABC coffee shop or to take the bus to the school library. I have to buy my coffee and printing somewhere else. This can cause the coffee shop to lose clients and money to another coffee shop whom might have this types of convenience to its customer. I urge you to think and consider my request for the neighborhood coffee shop, so my time and money can be spent in your store. Sincerely, Francis Smith Your...
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...begins his path down the snack chip path in Nashville, Tennessee (“Frito-Lay Corporation,” n.d.). In 1945, their paths merge into a business agreement to sell each other’s chips in their respective areas. These two companies merged in 1961 to become Frito-Lay, Inc. Only four years later, in 1965, Frito-Lay, Inc. became a division of Pepsi Co. (“Our vision,” n.d.a). Frito-Lay has become one of the world’s prominent producers and venders of snack chips. Some of their snack brands include: Baken-Ets, Cheester’s Fries, Cheetos, Cracker Jack, Cracker Jack’d, Doritos, Fritos, Funyuns, Grandma’s, Islen, Lay’s, Matador, Maui Style, Mrs. Vickie’s, Munchos, OvenBaked, Ready to go Snacks, Rold Gold, Ruffles, Sabritones, Santitas, Simply, Smartfood Popcorn, Stacy’s, SunChips, and Tostitos (“Full brand list,” n.d.b.). Frito-Lay also produces nuts, dips, and peanut butter crackers (Kerin & Peterson, 2013). Frito-Lay not only manufactures the snack foods, but has a hand in every stage of the process. The corporation has a potato breeding operation located in Rhinelander, Wisconsin. Their goal is to produce a superior potato variety for chipping (“Frito Lay Agricultural Research,” n.d.). They receive potatoes from roughly 80 different potato farms. They have 29 plants in 15 states (“Frito-Lay Plant locations,” 2013). The company also is involved in the distribution of their products (Kerin & Peterson, 2013). Consumers spent roughly $374 billion dollars on snack foods between 2013 and...
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...9 (Becky) (Tess) (Candice) (Vicky) (Nina) (Joan) 4920Z069 4920Z069 4920Z096 4920Z100 4920Z103 4920Z104 i Abstract Eating habit is very important in everyone’s life, and we wanted to discuss that eating habits with university students, what they usually ate for a meal and the affection of their eating habits. In our study, we used a survey for designing. There were 100 university students from a university in Southern Taiwan participated this survey, and we entered the classroom to collect those data. In these data, we found 56% students skipped breakfast, we all know that breakfast is very important during the day, but it is confused why so many people still do not eat breakfast. We also found university students’ eating habit is unhealthy; high fat, high calories and lack of vegetables and fruits caused serious burden to students. Most students do not concern of In order to realize their eating assimilating nutrients and prefer snacks as their meal. habits deeply, we analyzed what’s the difference between live off-campus, home and dormitory. health. Also, we wanted to find out what a bad eating habit will cause to their In our study, we also discussed the food of school’s cafeteria. We thought the school’s cafeteria did not provide enough vegetables and fruits. We suggested that school’s cafeteria should provide the food with less oil, less salt, and low calories. ii Table of Contents Abstract......................................................
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...Snack Food Industry Analysis Discussion Meng-Kai (Leo) Chiu Texas A&M University – Central Texas GB 588 – Seminar in Business Strategy Snack Food Industry Analysis Discussion Porters Five Force Model for the Snack Food Industry Nature and Strength of the Snack Food Industry Supplier Bargaining Power: Strong factors: • Cost of switching is low. • There are large numbers of suppliers. • Supplier is not dependent on industry. Supplier power is weak. Buyer Bargaining Power Strong factors: • Cost of switching is low. • Buyers have more knowledge about healthier alternatives. • Buyers are price sensitive. Overall bargaining power of buyers is high. Substitutes Strong factors: • Quality substitutes are readily available. • Cost of switching is low. • Substitutes have comparable or better features. Substitutes are easily attainable and switchable so substitutes are a strong factor. Rival Firms Competition Strong factors: • Cost of switching is low. • A lot of competitors. • Buyer demand is weak. Fierce competition between existing competitors. Threat of New Entrant Weak factors: • High capital requirements. • Experienced based cost advantages. • Strong product differentiation and brand loyalty. Threat of new entrant is which due to the factors mentioned above. Factors Driving Industry Change • Healthier food choices and more knowledgeable customers: this changes the growth rate of the company. • Increasing globalization: this may lift trade...
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...9 (Becky) (Tess) (Candice) (Vicky) (Nina) (Joan) 4920Z069 4920Z069 4920Z096 4920Z100 4920Z103 4920Z104 i Abstract Eating habit is very important in everyone’s life, and we wanted to discuss that eating habits with university students, what they usually ate for a meal and the affection of their eating habits. In our study, we used a survey for designing. There were 100 university students from a university in Southern Taiwan participated this survey, and we entered the classroom to collect those data. In these data, we found 56% students skipped breakfast, we all know that breakfast is very important during the day, but it is confused why so many people still do not eat breakfast. We also found university students’ eating habit is unhealthy; high fat, high calories and lack of vegetables and fruits caused serious burden to students. Most students do not concern of In order to realize their eating assimilating nutrients and prefer snacks as their meal. habits deeply, we analyzed what’s the difference between live off-campus, home and dormitory. health. Also, we wanted to find out what a bad eating habit will cause to their In our study, we also discussed the food of school’s cafeteria. We thought the school’s cafeteria did not provide enough vegetables and fruits. We suggested that school’s cafeteria should provide the food with less oil, less salt, and low calories. ii Table of Contents Abstract......................................................
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...leader in the manufacturing and marketing of snack chips. In 1960, the Frito Company and the H.W. Lay Company merged to become Frito-Lay, Inc. The company is the leading manufacturer of snack chips in the United States, capturing about 50% of the retail sales in this category. Frito-Lay, Inc has been developing multigrain chips since the early 1970s after marketing research found that consumers wanted nutritious snacks, consequently in 1974 the company launched to the market Prontos, a multigrain chip that was not really a great success, hence withdrawn from the national market in 1978. People concluded the product was not introduced in the right time. The Sun Chips was introduced in the early 1970s, and the name was assigned to a line of corn chips, potato chips, and puffed corn snacks. Six years later, the name was given to a line of corn chips, but unfortunately in 1985, this line was also withdrawn from distribution due to poor sales performance. However, in the early 1980 Frito-Lay executives started worrying about the health of the baby boomers. They were getting older and healthier conscious, so snack companies had to develop newer, healthier snacks for people trying to stay away from the salty, fried chips. Product research and development continued during the 1980s with The Harvest but in the early 1980s several market tests failed. Nevertheless, in 1988 with the idea still of multigrain products, marketing research studies conducted consumers’ testing for about 10 months...
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...Problem Solution: Best Snacks Inc. PercyD University of Phoenix Problem Solution: Best Snacks Inc. Best Snacks has become a company that is reluctant to change and their issues with familiarity issues are becoming costly to business. The ability to innovate and remain creative in all aspects of the company is an integral part of success. “In the long run, the only reliable security for any company is the ability to innovate better and longer than competitors” (Davila, Epstein, & Shelton, 2006, p. 3). Best Snacks 100 plus years of operations is proof that an innovative culture is necessary to remain a business leader in its market. Change is usually met with resistance, but it is the responsibility of the management team to foster an accepting culture of employees. Best Snacks will develop ways to involve employees and management in the creative and innovative method of business by inspiring a culture to increase creative thinking and progress, to regain industry leadership. Describe the Situation Issue and Opportunity Identification Best Snacks have been an industry leader for numerous years but recently management has not created an environment conducive to innovation and strategic organizational change. When employees and the research and development team increases their skills through experimentation with products and service offerings, the culture is more creative and performs at a higher level. Best Snacks management drive to innovate was not strong...
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...SNACKS TO GO (CASE 11) 1. Sathers’ company objective was to be one of the first companies to produce a healthy zip lock package filled with nuts and natural snacks. The objective was to tap into the market of people who led busy lives and wanted to eat a snack in a package that was resealable to enjoy at a later time. Since the Sathers’ nuts and snacks weren’t as well-known as their candy, they were able to build stronger brand awareness that was introduced through their Snacks to Go line. 2. In developing Snacks To Go, Sathers’ product conducted a market development strategy. His product, which was ultimately selling healthy snacks, was already in place but he was selling to different kind of customer. The customer he was selling to was the one on the go. With his innovative zip lock resealable bag it appealed to a new market, which would put this snacks to go in the Market development. It can also be used as a penetration to the existing customers who previously enjoyed nuts but now can enjoy the convenience of the snacks in a busy setting. 3. Their study revealed, “that most consumers who preferred resealable packaging would switch brands and pay more for the food protection, convenience, and freshness that resealable packaging offered.” In their case, over half of the their respondents preferred nuts in a resealable packaging, and for those who ate nuts more often, most “believed that it was important to preserve the freshness of the food, to keep it from drying...
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...business issues, without the time-consuming and expensive research process. The following is a sample of a First Research Industry Report with additional notes explaining the report’s contents and how you can use this valuable information. Report size varies by industry. FIRST RESEARCH - HOOVER’S INC., A D&B COMPANY www.firstresearch.com © 2013 Hoover’s, Inc. All Rights Reserved. 1 INDUSTRY PROFILE Snack Foods Manufacturing 12.3.2012 NAICS CODES: 31191 SIC CODES: 2068, 2096 The Industry Overview is an excellent way to ensure you make the right first impression, with minimal time invested. USE IT TO: . Quickly grasp how an industry operates. Adapt your sales process to fit your customer’s buying process. . Understand the competitive environment. . Stay abreast of applicable government regulations. Cite relevant statistics in a targeted letter or email to a prospect . or customer (see sample letter at the end of the report). • Accelerate new hire development time and lower your training costs. Industry Overview Companies in this industry make snack...
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