Wednesday, June 19, 2019
Marketing case write up Essay Example | Topics and Well Written Essays - 500 words
Marketing case write up - Essay ExampleMcGraw intends to retain Oscar Mayers (OM) reputation at heart Kraft Foods as the fastest growing profit maker, and hopefully fulfill a +4% volume growth and +15% profit growth for the plan of attack year. His division has two business landmarks the traditional OM meat-based products line and the recently acquired/fast growing Louis Rich (LR) turkey-based products line. He has to tailor his strategy which would balance the interests of both lines and yet, achieve his targets.Strengths OM products enjoyed customer confidence for nearly 100 years, and contribute a massive 82% or $110 MM of the total get. Acquisition of LR and investment in its line of white meat products has proven to be a strategically wise decision, as shown by the strong volume growth of its products.Weaknesses There is a significant shift in consumer preference towards less fat/salt food products, i.e., the LR line, while OM line has been giving the maximum profits its pr ices are forbidden of tune with the market. Investment costs for acquisitions and/or A&P to buttress LR business will further depress OM business and depress short-term profits competition from unbranded products will add to the pressure on pricing and bottom line. LR products are susceptible to copying.In terms of convenience, taste, price and customer gratification factors, there is a greater negative bias on OM products. OMs frozen product stuff n burger has not been an outstanding success.Opportunities LR product line business is showing promise of further growth, albeit at the expense of OM product line. LR can add further range to its existing products through in-house R&D efforts that are already underway. Or, it can acquire one or more mid-size firms dealing in white meat products to complement present facilities and products.Threats Consumers are sack to healthier and more convenient foods, directly impacting OM range. LR range of products is easy to copy and competition from branded as well
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