The service component of this product would be that people can actually order food from these booklets. For example, if there is a recipe that appeals to them, they can place an order for that item to be made for them and try it at a reasonable price before they can make it themselves at home. Also, since the restaurant has an open kitchen concept, these consumers can watch their food being prepared and hence receive a mini cooking class for the product.
This product can be expanded into a product line by adding on recipe booklets for different categories. For example, one booklet for healthy meals, one for healthy snacks, another for healthy drinks and perhaps another for healthy desserts. This would expand the product line's depth, which is determined by the number of products in a product line. A product line breadth is the number of product lines offered, based on the healthy food concept, Dubai Cafe can start making a ready-to-eat frozen foods product line from the most popular recipes in their booklets and sell these to other retailers like prominent grocery stores.
Dubai Cafe's core business would remain the same as they will still be providing quality and healthy food to customers. However, they will have the option to shift their focus to publishing recipe books and selling their frozen foods to retailers if the changes in consumer preferences demand it.
The nature of the booklet would be similar to what is offered by various health food magazines in different
Matthew Gleizer Mkt. 111 Review Marketing Final Review 1) Adoption process- the steps individuals go through on the way to accepting or rejecting a new idea. 2) Advertising- any paid form of non-personal presentation of ideas, goods, or services by an identified sponsor. 3) AIDA Model- consists of four promotion jobs (1) to get Attention, (2) to hold Interest, (3) to arouse Desire, (4) to obtain Action. 4) Attitude- a person’s point of view toward something. 5) Bait pricing-…
When marketing your product to your desired consumers, you need to do as much research as possible. Knowing your competitive environment is an important part of obtaining consumers to purchase your product. Pricing of your product for example, may be an important factor to observe because a competing business may be of equal quality, but may be more expensive. Lowering your product’s price may make consumers believe that your product is of lower quality, but may also bring you more as well due to…
The Type of product the company offers and its characteristics: As a service rendering company ADT Technologies is in the market to provide various tech. related service products that we believe benefit our customers and are in high demand on the market. These service products are Multimedia, Call Centre facility, Data Communications and IT, Financial Services, and Knowledge Consulting. 1. Multimedia Services / For Business and Household Customers/ * On sight Training and Implementation…
HEDO-FALLS Marketing Plan Product Design and Development The Hedo-Falls shower system is the first of its kind. This kind of shower has not been seen before in the market. It offers something totally unique with no direct competition. No company has been ambitious enough to integrate so much into a device that has remained virtually the same for decades. The developers at Quantum Studio decided to take a chance and tap into a new and exciting market. Their risk paid off greatly. There…
MARKETING ASSIGNMENT 2012 Report By: Tosh Introduction This report aims to introduce an improved bicycle repair service product for Halfords group plc. Halfords is UK leading retailer of bicycles and trades mainly through its retail stores, auto centres and website…
2.1.7 Marketing mix The concept of marketing mix divided into product and service marketing mix. The service marketing mix consists of Product, Price, Place, Promotion, People, Physical Evidence, and Process, simply called 7P’s. The product marketing mix consists of Product, Price, Place, and Promotion, simply called 4P’s (Hartono, 2010 ) Product is defined as anything that can be offered into a market for attention, use, or consumption that might satisfy a need (Armstrong & Kotler, 2006). According…
Stimuli Behaviors Reinforcement or punishment Loyalty How can you determine which learning approach is used for a particular marketing communication (advertisement)? Cognitive Learning – Persuasion Contiguity Learning (Classical Conditioning) – Environment [Ex: Mt. Dew, classical music, Gap, Healthy Choice dinners, “Mc”Donalds] Reinforcement Learning – Product; features, functions, benefits [Ex. Iced Tea, Weight Watchers, Magazines, Biggby] Can you dissect an ad (or create an ad) that contains…
greater coordination” which results in merged product groups, formal planning procedures and more careful review of capital expenditures. These characteristics are seen throughout SciMat, resulting in times where Biometra is unable to make key decisions, such as Miczek’s compensation increase, the use of laser micromachines and selecting key suppliers. As shown in SciMat’s organization chart, they were in a hybrid structure with three merged product groups and additional support functions such as…
defective product. Most public policies are in effect give help maintain a safe environment for the company. Many companies decide to ignore their public policies by not maintaining and enforcing them. This will cause a trickle-down effect. Market testing is what keeps companies out of trouble. If a company properly intimates the market testing program it can pay off tremendously for them in the long run. Market testing can save the firm money as well. Window firm unveils the product and a small…
Analysis: Precise Software Solutions Problem When and how should Precise introduce this new product, Insight, to the market.Issues Should the new product be introduced in Openworld 2000? Try to figure out the tradeoff between time to market and functionality. How to price this new product and what their selling strategy should be. How to reduce the response time of the system and how to ensure the new product ran effectively and efficiently? Industry/ Market Analysis In 2000, the market for “performance…