Identify dinty moore most loyal customers

Assignment Help Marketing Management
Reference no: EM13899840

Case Study- Brand Management Consulting

Eli Joseph recently contacted you. You know Eli casually because your kids played on the same Little League team. Eli told you that he had just been selected as the brand manager for the Dinty Moore Beef Stew line of products. This is his first marketing management position and he wants to get off to a great start.

Eli knows that you have been studying advertising and would like you to serve as a consultant to help him answer some important initial questions. He has provided you with the following background information.

The Dinty Moore brand (now sold by Hormel Foods) has been in existence since 1935. Canned products in the line include Beef Stew, Chicken & Dumplings, Chicken Noodle, Chicken Stew, Meatball Stew, and Turkey Stew. A second set of current products is microwaveable.

The Dinty Moore page of Hormel's Web site states that its name is "Synonymous not only with beef stew, but with a convenient and satisfying meal. Through innovations in packaging we've made it even easier for you to enjoy by offering cups and trays for microwave cooking. And while convenience is definitely the order of the day, Dinty Moore stew meets the standards of modern shoppers because it has no preservatives and only 240 calories per 8-ounce serving."

Health consciousness is a major trend in the food market. Consumers are concerned about the fat, sodium, and calorie content of the foods they purchase. The Dinty Moore line clearly meets standards set by the Food and Drug Administration.

The primary competitors in the canned beef stew market are direct competitors, substitute products, other foods made at home, and restaurants. Direct competitors include Castleberry's and Armour. Both companies offer directly competing cans of stew as well as other products that might compete with the Dinty Moore line. For example, Armour offers a line of chili and chili beans. Castleberry sells barbeque pork and canned tamales through the American Originals line.

Campbell's and other soup manufacturers sell substitute products. Soup can easily be substituted for stew. A series of private label stews are also available.

Home cooking presents an additional source of competition. Many health food trends include cooking at home with natural ingredients. Many consumers now enjoy creating meals at home as a form of social activity and relaxation. Many restaurants vend products that compete with both homemade and canned stew. The most threatening are restaurants featuring home-style, hearty foods.

Eli gave you the following Web sites for additional information:

• https://www.hormelfoods.com/
• https://www.castleberrys.com/
• https://www.pinnaclefoodscorp.com/

Eli's first assignment in his new position is to develop an advertising campaign for the entire line. The campaign would be produced starting in a few months, once information is gathered. The ads are scheduled to run on a pulsating schedule, with the first burst beginning soon after they are produced.

Eli decided he needs more information before moving forward, and that is where you come in. He wants to know:

• More about the role price plays in purchasing decisions.
• Consumers' perceptions of the quality of the Dinty Moore line as compared to Armour and Castleberry's.
• He also would like information about consumer promotions, especially coupons and price-off programs.
• He also wants to investigate possibilities for cooperative advertising with grocery stores, as well as tie-ins with other food products.

Eli wants to begin a new era in his company where Dinty Moore moves to the strongest position in the marketplace as the top-of-mind and top choice brand.

Eli would like you to explore several issues for him and prepare a PowerPoint presentation with your findings that he can use with his team. Use bullet points and include notes with more details. Your PowerPoint should include a cover slide, at least 10 content slides, and a final slide with references.

Below are the issues you should address in your presentation.

1. Should Eli hire an external advertising agency for the campaign, or perform most of the tasks in-house? Why?

2. If an external agency is chosen, what relevant experiences would be most helpful to Eli and Dinty Moore? If most of the work should be performed in-house, what skills and experiences should DInty Moore have in-house?

3. What types of advertising planning and research should be conducted to identify Dinty Moore's most loyal customers and potential new customers?

4. Design a creative brief for the upcoming Dinty Moore advertising campaign.

Reference no: EM13899840

Questions Cloud

Why enrons stock dropped so dramatically in a short time : Review the preceding financial statement data and search the Internet for articles on Enron Corporation. Briefly explain why Enron's stock dropped so dramatically in such a short time.
The effect of low ph on enzyme activity : The Effect of low pH on Enzyme Activity
Creating a new optimal e-portfolio account : Make sure that you review the transferable skills pages, along with other pages within this module in order to ensure that you understand the six transferable skills Communication, Critical Thinking, Digital Fluency, Diversity and Teamwork, Ethics..
Prepare a horizontal analysis income statement for gap : Prepare a horizontal analysis income statement for GAP that includes gross profit and operating income before taxes. Round to one decimal place. Comment on the results of your horizontal analysis of GAP.
Identify dinty moore most loyal customers : What types of advertising planning and research should be conducted to identify Dinty Moore's most loyal customers and potential new customers
Discuss the interconnectivity of the patient care plan : Discuss the interconnectivity of the patient care plan, documentation, progress notes, HIPAA regulations, the medical record, and the day-to-day operation of the healthcare facility.
What is your interpretation of this value : what is the proper value for f(200)? What is your interpretation of this value and What is the prpbability that MRA will be profitable?
Create a list of features and benefit to customer : Create a list of features and benefit to customer. What markets are currently targeted? What is recommended? (Support with research) o What approach is being taken (undifferentiated, differentiated, concentrated, or micromarketing)
How would you establish the existence of an outbreak? : How would you establish the existence of an outbreak?

Reviews

Write a Review

Marketing Management Questions & Answers

  Importance to consumer behaviour and marketing

Discuss the theory and then give practical examples of how customers perceive various brands and how this impacts on their behaviour

  Explain 4 ps of an online business

Explain 4 Ps of an online business and Have they successfully approached the customer base

  Discuss the market characteristics and market structure

Describe each market structure discussed in the course (perfect competition, monopolistic competition, oligopoly, and monopoly) and discuss the market characteristics of market structure.

  Price-quality relationship

Thus, the price-quality relationship can influence the purchase of some products. For each of the following, indicate whether customers rely heavily, moderately, or hardly at all on the price to judge the quality of a product

  Why would an employee with 12 years seniority in the paint

1. what role does an arbitrator fill? why are they needed?2. why would an employee with 12 years seniority in the paint

  At which level of morality does zappos appear to operate

Zappos, the world's largest online shoe retailer, discusses its commitment to social responsibility and to ethical behavior. At which level of morality does Zappos appear to operate? Why

  Solve the following time value of money problemsa what is

solve the following time value of money problems.a. what is the value at the end of year 5 of 20000 deposited today

  Define marketing channels and channels of distribution

You are the Director of Marketing for Google's Android phone. Competition with Apple's I-Phone is affected by Apple's own retail outlets and franchises. Define marketing channels and channels of distribution

  Define the major challenges and technological transformation

Explain The Major Challenges and Technological Transformations Associated with Modern Logistics in the Next 10 Years

  1 the overall aim of the assessment is to show that you

1. the overall aim of the assessment is to show that you understand how psychological from within sociological from

  Discusses about websites providing digital analytics service

discusses about websites providing digital analytics services

  What is the researchers conclusion

The mean weekly unemployment benefit in the US was in 2003. A researcher in Virginia had a theory that the mean weekly unemployment benefit in Virginia was less than the national average. What is the researcher's conclusion

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd