Marketing Mix Frozen Food Company Japan
This paper is based on a case study that involves an organic food retailer firm called, Quick Frozen food Company Japan. The company has enjoyed a formidable position in the frozen food sector, being the leader, and committed to provide top quality frozen food to its customers. In this paper, we will be focusing on the marketing mix, marketing strategy and persisting trends in the market, which has seen a tremendous growth in contemporary times due to presence of potential competitors, striving to make their mark in the ever-growing industry.
Marketing Mix
Product
The product is currently clearly at the market introduction stage. This is because this product is new and has been brought into the market only recently. There are varieties of frozen and canned foods offered by Quick Frozen food for its customers. However, the new range that has been brought in the industry has a different taste due to the fact that a new setup and mode of packaging has been used by Quick Frozen food Company Japan (Abell, pp.45).
Price
Price that has to be attractive to ensure enough sales targets to generate a maximum profit and return of investment. It the important component in marketing mixes and we believe frozen food is elastic. Buyers need to believe that they are getting the value for every dollar they pay. We also need to be mindful with local and imported competitors according to price per unit believe this price points differences largely on regional average in relation to cost of living. The production cost has to be lower than the selling price whatever pricing to select in reality we have to be in the middle compare to other competitors. Attracting the customer by putting 30% extra free in packaging as value money product (Abell, pp.45).
Promotion
Promotion fits the company's objectives to promote product as excellent like Quick Frozen food Company. A further demonstration on "It's All Good" and committed in not to advertise to kids below 12 years. We plan to incorporate personal selling, sales promotion and advertising in our promotion mix and believe people will buy product they love and want to buy for their families.
Let people have sample or try to taste it at grocery using personal selling as push up strategy and attract people from canned section to frozen products and promotion buy 2 and discount for 3rd, discount vouchers from newspaper or magazines where we receive free publicity from it or below the line; door to door leaflets, email, This will attract more customers and sales will continue to grow with a natural product life cycle and launching of this product thru above the line; small TV advertising campaign and these ads might run for a week during morning and evening hours. Involved with sponsorship family program and Sport programs is showing family oriented and concern on health (Anderson, pp. 7).
Competitor Analysis
Marketing Practices focus on the…
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