...anaylsis of organic wines in australia xiangyun Dai, SID:220113354 MM110 Assignment 1 Market anaylsis of organic wines in australia xiangyun Dai, SID:220113354 2013 2013 Unit coordinator: Fredy-Roberto Organic Wines Organic wines are made from wine grapes produced under organic agricultural practices, as defined by the International Federation of Organic Agriculture movements as the ‘production system that sustains the health of soils, ecosystems and people. It relies on ecological processes, biodiversity and cycles adapted to local conditions’ with its core principle in achieving high yields without artificial fertilizers and pesticides (IFOAM, 2008). With over 11 million certified hectares of land, the Organic agricultural industry in Australia has received rapid growth in the recent years due to the trend to a more ‘healthy, and environmentally responsible’ consumer culture and a willingness to pay more for their values (Remaud, 2008). In the following years the industry is expect to continue to receive respectable double digit growth. The recent growth in organic produces has translated well into the growing market for organic wine (107% growth during 2010-2012) and it is expected to continue into the future (Mascitelli, 2012). While the average consumer are not so willing to pay the premium for the ‘organic’ label on their wine, research have found that a significant cluster (~14%) of Australians are willing to pay up to a 9% premium for organic wine (Chvyl,...
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...Spain Keywords Organic food, Consumer behaviour, Spain Abstract Organic production and its consumption have grown tremendously in recent years. However, in the case of Spain demand still represents only 1 per cent of food expenditure. The main obstacle seems to be that organic food faces problems related to consumers' acceptability; lack of food availability and seasonality make it difficult to establish appropriate retailing outlets; also, higher costs of production and retailer margins jointly may result in higher prices than consumers are willing to pay for organic food attributes. Research studies have mostly elicited consumers' willingness-to-pay (WTP) for organic food through contingent valuation. Alternatively, explores, using an experimental second-price sealed-bid auction, the value that consumers place on organic food and the effect that information included on ecolabel and physical appearance have on their WTP. This methodological approach involves the use of real money and real products, which, in fact, may overcome the hypothetical bias detected in previous studies. Also discusses the effect on WTP of consumers' demographic characteristics and lifestyles, as well as attitudes towards food safety and buying behaviour. Results show, that as more accurate information is offered, consumers' acceptability of labelled organic food products increases; and that WTP is highly correlated with consumption habits variables. Consumers' acceptability of organic food in Spain ...
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...CHAPTER 1: INTRODUCTION Nowadays, the demand for organic food is dramatically growing in Malaysia, but, there are a few factors that may influence the consumer intention to buy organic food. We are search for the related topic and we finally interested to review the study on organic food acceptance, titled Young Female Motivations for Purchase of Organic Food in Malaysia, that been conducted by Jane See Siou Zhen and Shaheen Mansori. The research was published on 2012. Their research work revolves around the consumer behaviour and attitude towards organic food in Malaysia. The broad aim of this research is to review critically the study of organic food purchase in Malaysia. According to the author, they were state that even though the market of organic product is growing, still the demand on organic food is unstable at market place. Basically, the author are emphasized on the impact of four factors that might influence the consumer intense to purchase organic food which are, Acceptability, Affordability, Availability and Awareness and Consumer Innovativeness. CHAPTER 2: STATEMENT OF THE PROBLEM Regarding to the study, the author did not state any problem or argumentative statement. The author perhaps that, the next researcher will examine or proposed any suitable and relevant problem statement. CHAPTER 3: PURPOSE OF THE STUDY The key purpose of this research conducted ( empirical study) is to understand and discovers the significant factors influence...
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...distribution channels) and scale economies, low availability of substitutes, and the threat of retaliation from incumbents (by lowering price, for example). However, it is important to note that there is a heated rivalry among incumbents due to low seller concentration, high price sensitivity from consumers, dynamic price changes and strong exit barriers. Refer to Exhibit 1 for a detailed observation of the forces influencing the industry’s attractiveness. The industry offers opportunities and poses threats in several areas. In the economic environment, the rising oil prices increases costs in the supply chain and/or distribution channels. In contrast, the several free-trade agreements with different countries open the doors for a variety of products from abroad at potentially lower prices or higher quality. Also, the proliferation of high end and low end niches (in detriment of traditional supermarkets) is paving the way for small-footprint stores that cater to specific customers. Technology is playing a major role in the grocery industry with the consolidation of social media (Facebook, Instagram, YouTube, Vimeo, etc.) that allow instant communication between firms and customers (and among customers, too) and also enables customers to...
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...Damai Lovina Villas Case 1. Tourism to Bali brings thousands of visitors to the area and is the home of over 1,000 hotels. These hotels can be wasteful and consume a large amount of Bali’s environmental resources such as water, energy and waste. Hotels require 260 liters of water per second, which is equal to the amount consumed by 250,000 villagers. Due to the over consumption of energy by hotels, Bali experienced a shortage in power and blackouts became very common. Solid waste was also a problem in Bali. A single hotel generated 100 tons of waste annually, most of which was deposited into landfills. 2. In Bali government regulations were insufficient since existing standards were not enforced and growth often was promoted to the detriment of the environment. Dredging projects rarely involved environmental impact studies or guaranteed protection of natural areas as required by law. Also there were common accusations of corruption in government agencies tasked with protecting the Island’s environmental resources. Due to major government deficiency in regulations for the environment, the lack of budgeting resources caused many citizens to loose faith in its ability or intent to protect Bali’s environment. 3. Firms do not need to wait for government to take actions o address Bali’s social and environmental issues. Bali had a lot of environmental issues that were caused by the government. According to the article “The Indonesian government was the largest holder of...
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...|Consumer’s perception of food quality and its relation to the choice of food | |Master thesis | |Master of Science in Marketing | | | |DEPARTMENT OF MARKETING AND STATISTICS | |HANDELSHØJSKOLEN | |AARHUS UNIVERSITET | | | | | | | | ...
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...|Professional Post Graduate Diploma in Marketing | | | |Chartered Institute of Marketing | | | | | | | |Candidate No: 13184461 | | | |Center Name: Management Development Centre (MDC) | | | | | |Subject: Emerging Themes | | | | | |Word Count for Discussion Paper: | | | |Task One: 555 ...
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...Bus-101 Kevin Lentz 06/2013 Chapter 1 Rooftop Restaurant and Lounge will enter into a market with perfect competition. With perfect competition Rooftop Restaurant and Lounge will have an infinite number of consumers with the willingness and ability to buy our products at a certain price. It would also have an infinite amount of producers with the willingness and ability to supply the products at a certain price. Rooftop Restaurant and Lounge is a new fine dining restaurant and lounge located on LaGrange Road in Orland Park. Rooftop Restaurant and Lounge will target both fun-seeking as well as sophisticated diners looking for great food in a fascinating atmosphere. Our Rooftop will offer 360 degree views with a unique outdoor terrace. Rooftop Restaurant and Lounge will seek to earn 85% gross margins through an innovative and creative setting, a great menu, and the best service. Five Factors of Production: Start up costs and all financing of Rooftop Restaurant and Lounge will be funded by the owner Kevin Lentz. Rooftop Restaurant and Lounge would be situated on a busy intersection in Orland Park. This would be new construction: building Rooftop Restaurant and Lounge from the ground up. Rooftop Restaurant and Lounge would first have to hire a construction company to build the establishment. Once the building was complete and up to code, Rooftop Restaurant and Lounge would hire its staff and purchase inventory. Rooftop Restaurant and Lounge focuses on local...
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...Marketing Melanie Kennedy MMPBL/502 April 18, 2011 Ricardo Camacho Marketing Kudler Fine Foods (Kudler) is interested in expanding its service offerings to add a catering service in addition to the in-store parties that it currently offers. This paper will review and explore Kudler’s possibilities of expanding its services. This paper will also discuss examples of the different kinds of opportunities within Kudler’s has marketing mix that include the product, price, place and promotions for its new catering services. Kudler, founded by Kathy Kudler in 1998, is a one of a kind gourmet specialty food store that praises its quality food at low costs. The company has now expanded to three stores in three strategic locations, La Jolla, Del Mar, and Encinitas, California. In order to maintain a competitive advantage, Kudler recently decided to contract local organic food growers. Kudler now has decided to expand their catering services. Market Research Kudler surveyed approximately 70 customers on performance within the organization in 2008 and 2009. Topics included store hours, appeal of the store, food selection, value of produce, merchandise displays, and overall customer satisfaction. Kerin, Hartley, Berkowitz, and Rudelius indicated that, “marketing research is the process of defining a marketing problem and opportunity, systematically collecting and analyzing information, and recommending action.” Kudler should expand its survey groups to include newer...
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...CANADIAN SOCIAL SCIENCE Vol. 6, No. 1, 2010, pp. 70-79 ISSN: 1712-8056 www.cscanada.net Purchase Intention of Organic Food; Perceived Value Overview INTENTION D'ACHATS DES ALIMENTS BIOLOGIQUES; VUE D’ENSEMBLE DE VALEUR PERÇUE Mohd Rizaimy Shaharudin1 Jacqueline Junika Pani2 Suhardi Wan Mansor3 Shamsul Jamel Elias4 Abstract: Organic food consumption among consumers is becoming popular nowadays. The attitude has emerged in today’s modern world due to the increased in awareness of the importance to maintain a healthy lifestyle by consuming foods without unsafe additives, preservatives, flavor and coloring. Organic food is produced without using most conventional pesticides; fertilizers made with synthetic ingredients or sewage sludge; bioengineering; or ionizing radiation, therefore promotes the healthy food characteristics. However, based on the reviewed of literatures, there were some inconsistencies in the previous research findings. In terms of perceived value towards organic food product, most of the research found positive and not less also discovered negative result mainly due the lack of some special value in the eyes of consumers. For instance, higher in price, not value for money, satisfied with the existing conventional food, doubts on the product guarantee and unclear declarations of the organic status. The research aims to identify the perceived value factor and its impact towards the customers’ purchase intention in Malaysia. The findings of the study...
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...its differentiation strategy. To differentiate itself, Patagonia has effectively positioned itself as a supplier of superior quality products and at the same time it has continued its commitment towards minimizing its impact on environment – even if it calls for Tradeoffs (e.g. by not using anti-odor chemicals or not using conventional cotton). Supply side of the business comprises of activities and relationships along the value chain that provide the finished goods and create value. Patagonia has been able to create value by creating Integrity in its product and product’s performance, effective Signaling (e.g. through warranty and replacements), using quality inputs (e.g. organic cotton), influencing customer experience (e.g. catalogues), and linking its value chain to that of its suppliers (e.g. strict standards for quality and social & environmental responsibility). On the Demand side Patagonia has created a social & psychological factor through advertising that includes educational messages, environmental grants, donations, campaigns, & green benefits for its employees etc. This helped Patagonia capture value because the differentiation resulted in consumers’ willingness to be associated with purchasing a superior quality product from a company that they trust cares for the environment, & such consumers are also willing to pay (2) more for Patagonia’s...
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...Global Expansion Corporations have the capabilities to become virtual type organizations due to today’s technological advances. This is rapidly changing the organization’s environment and enabling them to expand into global markets to enhance their competitive interdependencies. Companies such as Halcyon understand that the world’s economy is becoming more globalized providing companies an advantage to expand into foreign markets. Halcyon Fields is a leading producer of organic yogurt and dairy products in the United States and is looking to expand operations internationally. They are not only looking to expand and grow internationally as a producer of organic dairy products, Halcyon Fields wants to also use their companie’s values as an example to other companies to show that being socially and eco-friendly be profitable as well. Strategic alliance and joint ventures are two popular global strategies that are being proposed to form multinational firms and partnerships. These global strategies would provide Halcyon Fields a strong platform for international expansion. Halcyon Fields would greatly gain from partnering with companies abroad that share their common interest and have a good contact and reputation in their local markets. This collaboration whether it is a strategic alliance or an international joint venture with a local company in the countries Halcyon Fields wants to access will enable them to leverage their reputation, skills, knowledge, and experience...
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...Patagonia is company that sells outdoor sports equipment and apparel, however, they are very much dedicated to their employees. They are committed to making the best products while causing the least possible harm to the environment. “An organic cotton garment is indistinguishable to the sight and touch from a garment made of conventionally grown cotton. Hence, one might think that any willingness on the customer’s part to pay a premium for organically produced cotton would have to arise from concern about the upstream effects of the cotton production (specifically, lower levels of pesticides and fertilizers that may affect ecosystems in and near the fields where the cotton is grown)” (Casadesus-Masanell, Crooke, Reinhardt, and Vasishth, p. 5). Revolutionary, durable outdoor gear and clothing are the assurance that products meet high expectations and have earned the company a loyal customer base. Patagonia recycles and use organic products for a healthier lifestyle. Their unconventional corporate culture is based on commitment to environmental, moral, ethical, and philosophical causes. “Despite its merits, Patagonia falls short in some areas, according to our judges. Although customer service was rated as excellent overall, one judge griped that the company’s unusually strong guarantee is “hidden’ and should be posted right at the top of the customer service page” (Ramaswami, p. 23). There are customer that join Patagonia to further the social responsibility efforts because...
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...subject to heavy fluctuation, depending on weather conditions and the quantity of supply in producing countries. The coffee market is thus characterized by long periods of oversupply and low prices and relatively short periods of scarcity and high prices. Especially in the 1950’s Colombian coffee producers were confronted with a worldwide oversupply and had to manage price drops from USD 0.62/ lb to USD 0.52/ lb. Due to the country’s dependency on coffee, Colombia had to think about how to manage these price deteriorations and recognized that it had to access new markets and to create a stronger global brand image to increase revenues. Thus, the Federación Nacional de Cafeteros de Colombia (FNC) decided to differentiate Café de Colombia as a product of higher value. The United States, represented 77% of Café de Colombia exports, but only 4% of all US consumers knew that Colombia is producing coffee at all. Whilst this is partly attributable to the overall consumption driven and ignorant American mindset, it offers reasonable doubt on whether the company has managed its brand value effectively. With the creation of the Café de Colombia and the...
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...Foods is transforming its produce to carry organically grown produce. Kudler Fine Foods is an upscale specialty food store located in San Diego, California that was created by Kathy Kudler. What started out as a small endeavor has grown into three stores throughout the San Diego metropolitan area. The three stores are located within existing shopping centers and contain the following departments: bakery and pastries, meat, produce, cheese and dairy and fine wines. In the company's mission statement: "We will provide our customers the finest in selected foodstuff, wines, and related needs in an unparalleled consumer environment because we “shop the world” for our products” (Kudler Fine Foods, 2010). Kathy Kudler and her administrative team have decided to contract with local vendors to bring organic produce to the...
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