Tuesday, December 17, 2019
A New Product Line Of All Organic Dog Food - 2253 Words
For this assignment, I would like to discuss and market a new product line of all organic dog food. My product will be called ââ¬Å"Canineââ¬â¢s Healthy Dietâ⬠, it will have the slogan ââ¬Å" . Rich in natural vitamins, minerals, essential healthy fats and easy digestion with no harsh chemicals are appeals for the consumer to move towards an all-natural organic pet food for their furry, four legged loved ones. Pets require a very specific balance of key nutrients in order to lead happy, healthy lives, said Dr. Jennifer Coates, a practicing veterinarian and pet MD Spokesperson. What may surprise many dog owners is that carbohydrates should make up around half of a dog s daily diet. Like they do for people, complex carbohydrates give pets energy, makeâ⬠¦show more contentâ⬠¦Ã¢â¬Å"New York City market research Company Packaged Facts says total pet food sales are projected to reach $24.7 billion by 2017. Sales of premium pet food (anything priced 10 percent above pet f ood overall) was 42 percent of total sales in 2012. Its share is expanding, says Packaged Facts, because of robust growth in the super-premium category. Dogs in particular are getting pampered the most. Premium dog food including pricey organic offerings and never-frozen meals has grown by nearly 170 percent over the past 15 years, according to Euro monitor, topping the market for medium- and low-priced varieties combined. Back in 1999, the most expensive dog chow accounted for 36 percent of the market, and now itââ¬â¢s 57 percent, or more than $6.5 billion a yearâ⬠(http://abcnews.go.com). Marketing Mix Product I recommend that our product be all natural organic ingredients, rich in natural vitamins, minerals, essential healthy fats for easy digestion. ââ¬Å"Essential nutrients are those required by the animal that either cannot be synthesized by the body or cannot be synthesized in adequate amounts for good health. Essential nutrients are supplied by complete, balanced nutrition. Dogs require about 40 essential nutrients, each in the right form and in the right amount to deliver complete nutritionâ⬠(Waltham, pg. 6). Our product should include an all-natural protein source as our man ingredients; being all natural lamb, chicken or beef, a starch source (which is ourShow MoreRelatedGeneral Mills BCG Matrix Essay1214 Words à |à 5 Pagesthe food industry, however, they are more famously known for their individual brands. Their primary brands include Cheerios, Nature Valley, Pillsbury, Green Giant, Old El Paso, Hamburger Helper, Betty Crocker and Yoplait (General Mills Canada). When these brands are organized into different categories, General Millsââ¬â¢ product mix is the result. Taken right from General Mills Canada website and how they organize their brands for consumer friendliness, their product mix includes: baking products, cerealsRead MoreEssay about Organic Pet Food Marketing Plan4702 Words à |à 19 PagesOrganic Pet Food Marketing Plan September 14, 2007 NAICS Industry Code: Dog and Cat Manufacturing 311111 Abstract: This marketing plan provides a plan for entering the organic pet food product as an existing producer of non-organic pet foods based current market conditions and trends following several high profile food safety recalls and alerts, particularly the Melamine-related deaths from pet food imported from China. The pet food industry has experienced enormousRead MoreCase Study : Pet Food Warehouse1289 Words à |à 6 Pages Company Background PetSmart was founded in 1986 and 1987 at first it was called Pet Food Warehouse in Arizona by Jim and Janice Dougherty. By 1988 they had a total of seven stores and were helping animal welfare groups, by holding fundraisers and events. In 1989 they changed their name from Pet Food Warehouse to PETsMARTà ® and opened the first grooming salons and small pet department. In 1992 the 50th store was opened along with the adoption center and animal clinic. In 1993,Read MoreKentucky Fried Chicken: The Colonels Way Essay1692 Words à |à 7 Pagesenvironment can affect the way a business communicates to its customers. It can also improve the quality of service and product that consumers are purchasing. In India, science and technology has been a part of their culture since the being of times. In order for companies to stay competitive, they must constantly evaluate the way they conduct business in areas such as product promotion and customer distribution. 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The merger of these two food giants, collectively known as The Kraft Heinz Company (KHC) was finalized at a whopping sum of $45 billion making it the third largest food and beverage company in North America. The company is co-headquartered in both Pittsburg and Chicago to help retain its relationship with theirRead MorePortfolio Analysis : Strategic Planning2102 Words à |à 9 Pages to analyze the specific products, investments or services (now written as aspects) a company currently has in its portfolio. Usually view by strategic business unit or product line, the tool can provide great value during the strategic planning phase. A great approach in making strategic decisions on the viability of certain aspects of the business, it can spell out profitability, longevity, rate of growth, risk, usage and potential. It does not work as the end all be all answer in making strategic
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