Discuss About The Encourage Employees Healthier Food Choices.
The report will provides an idea about the four marketing mix strategy of the Collective Company Greek Yoghurt. The main purpose of the report is to determine the function of the four marketing mix strategy of the Greek Yoghurt product. This four strategy influences the product to be purchased by the consumer and by this strategy the company growth increases in the market. With the help of this strategy the product can increases it attention towards the customer. The product is the Collective just Greek Yoghurt which is an unsweetened Greek style yoghurt that made in New Zealand. The product provides good source of calcium and protein with no added sugar and nasties. The product is purely vegetarian and it is gluten free. The product constitutes about 471kJ of energy, 5.3g of protein, and 5.7g of fat and all this quantity is present in 100g of Greek Yoghurt. Along with this the product contain 8.7g of carbohydrates, 7.1g of sugar 79mg of sodium and 186mg of calcium and all this are present on 100g pouch of this Greek Yoghurt product. Although the product is gluten free and thus it attracts the consumer attention towards the product and thus increases the business growth also. The paper provides information on the marketing strategy of the product Greek yoghurt of “The Collective Great Daily Company” and this strategy will help the growth of the business in the market.
Marketing Mix of the product Collective Greek Yoghurt
The product is Greek Yoghurt of the company “The Collective Great Daily” which is an unsweetened Greek-style yoghurt (Fan, Lau, & Zhao, 2015). As it a type of convenience food product, which is mean that customer only pay for little shopping effort to purchase. On their mind, the brand is not so important than the product which has better quality and health benefits for their body. For example, an image one shown that Greek yoghurt made by natural ingredients like milk, milk powder, and stabilisers that includes natural starch and pectin and live cultures. Besides this, the product consists of 5.7g of fat per 100gm, 7.1g of sugar per 100g and 5.3g of protein per 100g and gluten-free all categories showed that this kind of low calories and promote the balance of intestinal microflora will attract the consumer to buy this product from the company. Comparing the Meadow Fresh Kalo? Authentic Greek yoghurt packaging, the Greek yoghurt of Collective Great Daily designed a transparent plastic box which in order to a customer can easier to identify the authenticity of the product. For attracting the customer, the company used an innovative name with an adorable cow trademark. In addition, they adopted special art font for all font of the product. This innovative idea is very attracting the younger people customer and children. Some parents bought it because they want to entice the children to eat healthy food with cute packaging. management, Meadow Fresh Kalo? Authentic Greek yoghurt packaging attracted adult rather than children. The reason forms the packaging layout likes gym foods, which make the customer felt too classics and formal.
The main competitor of this Greek yoghurt product is the Meadow Fresh Kalo? Authentic Greek yoghurt. It only has three flavors, such as berries, manuka honey and passionfruit with size 160g and 800g. According to the Collective Company who has six flavors and three different sizes chose by multi-type customers. A variety of flavor can increase customer popularity as well as boost sales then it influences profit of the business.
Image 1: Product details
Figure 2: Product details
As this is a food product so the company main strategy is to promote their business through a social network. For this, the company gives advertisement of the Greek Yoghurt through social media by using Facebook, Twitter, Instagram and their own company blog (Mohammadi, Saghaian, & Alizadeh, 2017). They kept update the company internal information on Instagram every week, such as manufactory team and management team which shown the process of making yogurt and ingredients their used to all customers. For making the yoghurt brand popular the company has to give advertisement for promoting their business. Advertisement given for promoting the product in the market and for this the company uses various procedures. The advertisement will be given on magazines, newspaper, television etc. Along with this they distribute pamphlets outside the cinema hall. They have also given advertisement on addressed mail of the company prime customers for promoting their business. Along with this the company will arrange a campaign which help the customer to aware about this product. With this new marketing strategy, they can increase their business in the market as well as the company gets a huge profit from this campaign. The company main motive is that by this campaign they can meet their future customers and also get direct feedback about the product Greek yoghurt and this helps them to innovate their product as per the consumer needs. The company appointed a salesperson who sells the product by convincing the customer through face to face or by phone. As well as for promoting their yoghurt product in the market the company was using an online e-commerce centre as a direct marketing procedure. They also makes catalogues and telemarketing for promoting their product. The company makes sales promotion by lowering the price of the product and this attracts the customer for purchasing this product. They maintained a good relationship with the public and convince them to buy their product. For promoting their business to all over New Zealand the Collective Company sponsor their product with Forest & Bird organization and also with their Kiwi Conservation Club. The main motive of the organization is to help the New Zealand kid for having love with their natural world. Thus the collective company promoted their yoghurt pouches with this organization for the better growth of their business. Another method of the company to promote their product with Terracycle which is the New Zealand wide recycling programme and through this programme it help to gives the collective product to the chosen charity, organization or school. Another promotion strategy of the Collective Company is to collaborate with the Suckies that help the company for growth of their business. The Suckies make chart by their creativity that helps the Collective to promote their business.
Most of the company main motive is to sell the product at a lower price with a better quality and this attracts the customer for purchasing their product. The Greek yoghurt is in the maturity stage and it is familiar with the market situations. Thus the Collective Company main motive is to provide a good quality of Greek yoghurt at a reasonable price that can attract the consumer to buy their product apart from the other brand. As per the management team, the price of the yoghurt should be cheaper so that the product became popular in the market. It is seen that the Greek Yoghurt is present in the online shop and also in the Countdown, Glen Eden Shopping Mall (Resnick, Cheng, Simpson, & Lourenço, 2016). The product is present in Countdown Mall where it sells at a price of 6.3 dollar which is quite cheaper than New World where it sells at a price of 8.49. For this price distribution, the product will be sold more in the Countdown Mall rather than in New World. For example- The price of the Collective Greek Yoghurt of 900g is normally 6.30 while that of Meadow Fresh Kalo’ Authentic Greek Yoghurt of 800g is 6.50 and hence it is the main competitor of the brand.
The Collective company main motive is to give high quality of product and services to the consumer and for this distribution of the product in the market is very important (Velema, Vyth, Hoekstra, & Steenhuis, 2018). Apart from this the Collective Company also distributed their product in the international market. For distribution purposes, the company has to give their product to the wholesalers and the retailer shop so that the product can be known by the consumers. Another strategy to make the yoghurt product distribution in the market is to sell the product in the grocery shops so that the company, as well as the product, became familiar to the consumer and hence the business growth also increases (Dadzie, Amponsah, Dadzie, & Winston, 2017). For distribute their product in the international market the company chooses two countries other than New Zealand. The Collective Company sells their yoghurt as well as other product in the United Kingdom and Ireland too. This makes wide distribution of the product in both the country. It is recommended that the products should be distributed with the help of various offline and online business partners.
Conclusion
Hence it is concluded that the marketing strategy will help the growth of the product Greek yoghurt in the market, as well as the business growth, also increases on using this new strategy.
Reference
Dadzie, K. Q., Amponsah, D. K., Dadzie, C. A., & Winston, E. M. (2017). How Firms Implement Marketing Strategies in Emerging Markets: An Empirical Assessment of The 4A Marketing Mix Framework. Journal of Marketing Theory and Practice, 25(3), 234-256.
Fan, S., Lau, R. Y., & Zhao, J. L. (2015). Demystifying big data analytics for business intelligence through the lens of the marketing mix. Big Data Research, 2(1), 28-32.
Kraak, V. I., Englund, T., Misyak, S., & Serrano, E. L. (2017). A novel marketing mix and choice architecture framework to nudge restaurant customers toward healthy food environments to reduce obesity in the United States. Obesity Reviews, 18(8), 852-868.
Mohammadi, H., Saghaian, S., & Alizadeh, P. (2017). Prioritization of Expanded Marketing Mix in Different Stages of the Product Life Cycle: The Case of Food Industry. Journal of Agricultural Science and Technology, 19(5), 993-1003.
Resnick, S. M., Cheng, R., Simpson, M., & Lourenço, F. (2016). Marketing in SMEs: a “4Ps” self-branding model. International Journal of Entrepreneurial Behavior & Research, 22(1), 155-174.
Velema, E., Vyth, E. L., Hoekstra, T., & Steenhuis, I. H. (2018). Nudging and social marketing techniques encourage employees to make healthier food choices: a randomized controlled trial in 30 worksite cafeterias in The Netherlands. The American journal of clinical nutrition, 107(2), 236-246.
Essay Writing Service Features
Our Experience
No matter how complex your assignment is, we can find the right professional for your specific task. Contact Essay is an essay writing company that hires only the smartest minds to help you with your projects. Our expertise allows us to provide students with high-quality academic writing, editing & proofreading services.Free Features
Free revision policy
$10Free bibliography & reference
$8Free title page
$8Free formatting
$8How Our Essay Writing Service Works
First, you will need to complete an order form. It's not difficult but, in case there is anything you find not to be clear, you may always call us so that we can guide you through it. On the order form, you will need to include some basic information concerning your order: subject, topic, number of pages, etc. We also encourage our clients to upload any relevant information or sources that will help.
Complete the order formOnce we have all the information and instructions that we need, we select the most suitable writer for your assignment. While everything seems to be clear, the writer, who has complete knowledge of the subject, may need clarification from you. It is at that point that you would receive a call or email from us.
Writer’s assignmentAs soon as the writer has finished, it will be delivered both to the website and to your email address so that you will not miss it. If your deadline is close at hand, we will place a call to you to make sure that you receive the paper on time.
Completing the order and download