Verified Document

Product Launch Introduce A Product A Healthy, Essay

Product Launch Introduce a product

A healthy, organic alternative to Nutella

Product and successes

Nutella is one of the most popular 'comfort foods' in Europe. However, many European consumers have expressed concern about the fact that Nutella contains hydrogenated palm oils. Our product is a new version of the popular chocolate hazelnut spread, only it is entirely organic and made without palm oil and partially-hydrogenated vegetable oils. In contrast, Nutella is composed 31% of palm oil, and has been the target of a great deal of criticism as a result. "The destruction of the world's rainforests and peatlands to make way for increased palm-oil plantations is driving climate change -- every time the rainforest is trashed, huge amounts of greenhouse gases are released into the atmosphere" (Nutella, 2008, Greenpeace). In the U.S., consumers are turning to our product as a healthier and a more environmentally-friendly substitute.

Prospective retailers

Nutella has been called the 'European peanut butter' and is extremely popular in the United Kingdom and Europe. "Worldwide, Nutella outsells all peanut butter brands combined" (The story of Nutella, 2004, H2G2). It is widely available in UK supermarkets, including Tesco, Selfridges, and Marks & Spencer and also has a strong following in France. A temporary cafe was even established in France to celebrate the 40th anniversary of the product's existence (Lebovitz 2005). Nutella has a wide distribution, and competitors could easily find a venue in supermarket chains in England and France. "It is impossible to overestimate the French love of Nutella, the chocolate and hazelnut spread invented in Italy about 70 years ago and eaten with gusto all over most of Europe…If you think about how attached we Americans are to peanut butter, you'll have an idea of how much the French love Nutella. It's a perennial at crepe stands all over the country, sometimes along with bananas. Spread on a slice of bread, it's often the after-school snack of choice" (Bhide 2011).

Overview of the country: History, sales, goals, growth potential

The market for organic...

There has been a greater demand for organic produce within the UK than in the U.S. For some time. The supermarket chain Asda's sales of organic products jumped 25% in 2008, while Morrisons saw its organic sales rise by 3.2% "Some 90% of UK households bought organic products in 2008" (UK demand for organic food slows, 2009, Just Food). Although British cuisine was once mocked, Britain today is a major player in the world of food. One of its most prominent food celebrities Jamie Oliver has gained international notoriety for his advocacy of healthier eating in schools.
"With an estimated value of organic food sales of U.S.$850 million, France ranked fourth in 2000 in Europe, behind Germany, the United Kingdom and Italy" (France, 2011, FAO Corporate Directory). While growth of the organic market in France has lagged behind the U.S. market, it has been steady. France also has a deeply-entrenched food-focused culture. Although to some extent this has been eroded by the growing U.S. influence and emphasis on fast and convenience food, there is still a strong tradition of eating seasonally and locally in France, and many French people still make an effort to shop regularly at local markets for dinner. This concern about healthy eating and minimizing overly processed food can be tapped into when advertising the proposed product.

Why the foreign retailers you identified should consider selling your product in their countries

The product enables consumers to enjoy a popular product 'guilt free' of many of the health and environmental concerns that have dogged Nutella in the past. The European market has been traditionally more rather than less concerned with issues such as genetically-modified organisms (GMO) s and sustainability. Nutella has become something of a fraught issue in recent years. Italy, the nation that manufactures Nutella, staged a protest when the European Union attempted to mandate that all products contain nutrition labels prominently displayed on their labels and products that were high in saturated fat contain prominently-displayed warning.…

Sources used in this document:
References

Bhide, Monica. (2011, June 1). Nuts for Nutella. NPR. Retrieved June 7, 2011 at http://www.npr.org/2011/06/01/136824166/nuts-for-nutella

Country commercial guide: Doing business in the France. (2011). Buy USA.

Retrieved June 7, 2011 at http://www.buyusa.gov/france/en/357.html

Country commercial guide: Doing business in the UK. (2011). Buy USA.
Retrieved June 7, 2011 at http://www.buyusa.gov/uk/en/uk_commercial_guide.html#_section2
France. (2011). FAO Corporate Directory. Retrieved June 7, 2011 at http://www.fao.org/DOCREP/004/Y1669E/y1669e08.htm
Lebovitz, David. (2005, June). La Table Nutella. Retrieved June 7, 2011 at http://www.davidlebovitz.com/2005/06/la-table-nutell/
Nutella. (2008). Breakfast for Champions? Greenpeace. Retrieved June 7, 2011 at http://www.greenpeace.org/international/en/news/features/nutella-football-ferrero-280508/
Rizzo, Alexandra. (2010). Italy fears for Nutella. ABC News. Retrieved June 7, 2011 at http://abcnews.go.com/Business/wireStory?id=10954015
The story of Nutella. (2004). H2G2. Edited Guide Entry. Retrieved June 7, 2011 at http://www.bbc.co.uk/dna/h2g2/A2986112
Retrieved June 7, 2011 at http://www.guardian.co.uk/media/2008/feb/27/asa.advertising1
UK demand for organic food slows. (2009). Just Food. Retrieved June 7, 2011 at http://www.just-food.com/news/uk-demand-for-organic-food-slows_id106127.aspx
Cite this Document:
Copy Bibliography Citation

Related Documents

Product Launch Plan the Elements of Product
Words: 878 Length: 3 Document Type: Essay

Product Launch Plan The elements of product launch plan that are going to be looked into here include the distribution strategy, financial information, and marketing research. Marketing Research Teas N. Line has undertaken to deal in Oolong, Green, Yellow, and Black tea after realizing that tea after some time tea loses its freshness after it has spent some time on the shelf and that consumers want tea that is freshly packaged and shipped

Launch of Pdi Labeling in Australia in
Words: 1964 Length: 5 Document Type: Essay

Launch of PDI Labeling in Australia In many countries, packaged foods are labeled with the "Percentage Daily Intake" of nutrients available in the food. These thumbnail-like labels are provided to consumers to help them make informed dietary decisions when they shop. This nutritional labeling is not mandatory and is in addition to other nutritional information that is included in the nutrition information panel typically located on the back of packaged foods.

PLC Product Life Cycle When We Talk
Words: 1892 Length: 6 Document Type: Essay

PLC Product Life Cycle When we talk about the strongest multinational companies of the world then Nestle is definitely one of the names that triggers in everyone's mind. Nestle is the world's No.1 food manufacturing company. Nestle is a Swiss multinational company whose product are available almost in every part of the world. Most of the Nestle products are in a market leading position. Nestle company was established in 1866 and since

Crestor's Product Life Cycle: The
Words: 1503 Length: 4 Document Type: Term Paper

Other rivals will have a more secure market share as well, and new drugs may develop. However, although the rise may not be as astronomical, hopefully from AstraZenica's perspective, Crestor's next phasing into the 'decline' phase of the product life cycle will not be as impressive, either. Works Cited CNN. Com. (18 Nov 2004) "Merck, FDA grilled at Senate hearing." Retrieved 22 Jan 2005 at http://cnnmoney.printthis.clickability.com/pt/cpt?action=cpt&title=Merck%2C+FDA+grilled+at+Senate+hearing+over+Vioxx+-+Nov.+18%2C+2004&expire=&urlID=12326029&fb=Y&url=http%3A%2F%2Fmoney.cnn.com%2F2004%2F11%2F18%2Fnews%2Ffortune500%2Fmerck%2Findex.htm%3Fcnn Crestor. (2004) "About Crestor." Official site.

Marketing of Atkins Diet Products in Europe Vs. The US
Words: 7184 Length: 18 Document Type: Term Paper

Marketing of Atkins Diet Products in Europe vs. The U.S. Background on Atkins Diet (A) Who was Robert Atkins? Atkins was born in Columbus, in the state of Ohio in the year 1930. After having joined the University of Michigan, he graduated with a Major in Pre-meds, after which Atkins received his Medical Degree in the year 1955 from the Cornell University Medical School. By the year 1959, he had finished his residencies

Business Plan Product Description Market
Words: 4066 Length: 15 Document Type: Business Plan

As part of the research triangle, Raleigh has a significant portion of its population that fits the target market. For the Farmery to succeed, it only needs to capture a small portion of the market share. This is especially true because the store has a small footprint, and has the flexibility to set up on vacant lots without the costs of either renting or developing fixed real estate. The

Sign Up for Unlimited Study Help

Our semester plans gives you unlimited, unrestricted access to our entire library of resources —writing tools, guides, example essays, tutorials, class notes, and more.

Get Started Now