HaagenDazs.docx
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HaagenDazs
TableofContentsPg
BackgroundInformation1
MarketResearch2
●Possiblemethodsforconductingresearch
●Traditionalconsumerviewaboutice-cream
●AnalysisofprimarydataonHaagen-Dazs
●Howdatacollectedmakesoundbusinessdecisions
Promotions6
Conclusion9
References10
BackgroundInformation
TheideaforHaagen-Dazsdatesbacktotheearly1920’s.
ReubenMattus,ayoungentrepreneurwithapassionforqualityandavisionforcreatingthefinesticecream,workedinhismother'sicecreambusinesssellingfruiticeandicecreampopsfromahorsedrawnwagoninthebustlingstreetsoftheBronx,NewYork.Toproducethefinesticecreamavailable,heinsistedonusingonlythefinest,purestingredients.
Haagen-Dazsstartedoutwithonlythreeflavors:
vanilla,chocolateandcoffee.ButMr.Mattus'passionforqualitysoontookhimtothefourcornersoftheglobe.HisuniqueicecreamrecipesincludeddarkchocolatefromBelgiumandhandpickedvanillabeansfromMadagascar,creatingdistinctiveandindulgenttasteexperiences.
TheHaagen-Dazsbrandquicklydevelopedaloyalfollowing.Itsearlysuccesswascreatedbywordofmouthandpraise.Withoutthebenefitofadvertisingthestoryofanincrediblyrichandcreamyconfectionspreadrapidly.Atfirst,itwasonlyavailableatgourmetshopsinNewYorkCity,butsoondistributionexpandedthroughouttheeastcoastoftheU.S.,andby1973Haagen-DazsproductswereenjoyedbydiscerningcustomersthroughouttheUnitedStates.Thenin1976,Mr.Mattus'daughterDorisopenedthefirstHaagen-Dazsshop.Itwasanimmediatesuccess,anditspopularityledtoarapidexpansionofHaagen-Dazsshopsacrossthecountry.
In1983Mr.MattusagreedtosellHäagen-DazstoThePillsburyCompany,whichremainedcommittedtothetraditionofsuperiorqualityandinnovationonwhichHaagen-Dazswasfounded.Sincethen,ithasbecomeaglobalphenomenon,availablein50countries.ButthesamecarefulattentiontoqualitythatReubenMattusbuiltintoeveryHaagen-Dazsproductremainstoday.IceCreamloverstheworldovernowrecognizetheuniqueHäagen-Dazslogoassynonymouswiththeultimatesuper-premiumicecream.
Sincethebeginning,Haagen-Dazshassoughttoinnovateandbringnewfrozendessertexperiencestoitscustomers,includingdistinctiveflavorssuchasVanillaSwissAlmond,ButterPecanandDulcedeLechetonamejustafew.Haagen-Dazswasalsothefirsttointroducetheworldtoicecreambarsforagrownuppalate,withtheintroductionoftheHaagen-Dazsicecreambarlinein1986.Othersuperpremiuminnovationsfollowed,withFrozenYogurtin1991andSorbetin1993.
Tothisday,Haagen-Dazsremainscommittedtodevelopingexceptionalnewsuperpremiumfrozendessertexperiences,releasingnewflavorseveryyear.
MarketResearch
◆Possiblemethodsforconductingresearch:
Forthisresearch,ourgroupdecidestheuseofobservationandinterviewtocollectdataforthelimitationoftimeandouridentity.
First,wegotourobservationsinHäagen-DazsshoptogetapreliminaryunderstandingbyourselvesaboutHäagen-Dazsproductpricepackagingandservice.AndwedoaresearchaboutHäagen-Dazscompetitorsaroundandtheconsumptionhabitsandfeaturesinice-cream.
Second,weplanourquestionsthatwecangetinformationbyobservationsandthenumbersweneed.
Afterthatweneeddosomeinterviewstodifferentgroups’consumers,andmainlygettheinformationabouttheirconsumptionhabitsandfeelings.
Iaskedabout30people.Accordingtothefeedback,theageoftheconsumersisaboutfrom18to38mosthaveanice-creampurchasehabit.Andtheice-creamslikeHaagen-DazsandDQgotsomebreakthroughinpromotion,tasteandqualityandbrandculturethantraditionalice-creams.Althoughitspriceismuchhigherthantraditionalice-creamsbutit’snotonlytosatisfytheneedsofconsumptions,theyleadthewantsofconsumptions.
◆Thetraditionalconsumerviewaboutice-creamwas
1.Comparetotheprice,consumptionspaymoreattentiontothetasteandquality
2.Ice-creamwasbecomeapartofcateringgradually,it’snotonlyapersonalbuyingbehavior.
3.Mostconsumersarewillingtotrynewice-creamproductandnewpurchasingways.
◆TheanalysisofprimarydataofHaagen-Dazs
1.MostconsumersconsiderHaagen-Dazsrelativelyexpensive
Tooexpensive20%
Expensive72%
Justok8%
Cheap0%
2.Thereare66%ofthempurchasedHaagen-Dazsbefore.
3.ThemotivationsmakethemhaveapurchasebehaviorinHaagen-Dazs:
Haagen-Dazsmeanshighquality10%
Satisfythedesire7%
It’shighqualityworththeprice13%
Trysomethingnew50%
TakeHaagen-Dazsforgirlfriend20%
4.Morethan90%consumersinterestedinmembership.
5.Themosteffectivepromotion:
Grouppurchaseoninternet27%
Festivalcombo20%
Membershipgifts20%
Specialprice63%
Giftsafterpurchase40%
6.TheopinionsofconsumerstoHaagen-Dazsnewproducts
Willingtotake53%
Willnot7%
Canbeconsidered40%
Therearealsosomecustomersalsocaresaboutpackagingaswellastaste
◆HowdatacollectedfromMarketResearchwillhelptomakesoundbusinessdecisionsforHaagen-Dazs?
Primaryresearchentailstheuseofimmediatedataindeterminingthesurvivalofthemarket.Thepopularwaystocollectprimarydataconsistofsurveys,interviewsandfocusgroups,whichshowsthatdirectrelationshipbetweenpotentialcustomersandthecompanies.Butsecondaryresearchisameanstoreprocessandreusecollectedinformationasanindicationforbettermentsoftheserviceorproduct.Bothprimaryandsecondarydataareusefulforbusinessesbutbothmaydifferfromeachotherinvariousaspects.
Insecondarydata,informationrelatestoapastperiod.Hence,itlacksaptnessandtherefore,ithasunsatisfactoryvalue.Primarydataismoreaccommodatingasitshowslatestinformation.
Secondarydataisobtainedfromsomeotherorganizationthantheoneinstantaneouslyinterestedwithcurrentresearchproject.Secondarydatawascollectedandanalyzedbytheorganizationtoconvenetherequirementsofvariousresearchobjectives.Primarydataisaccumulatedbytheresearcherparticularlytomeetuptheresearchobjectiveofthesubsistingproject.
Secondarydatathougholdmaybetheonlypossiblesourceofthedesireddataonthesubjects,whichcannothaveprimarydataatall.Forexample,surveyreportsorsecretrecordsalreadycollectedbyabusinessgroupcanofferinformationthatcannotbeobtainedfromoriginalsources.
Firminwhichsecondarydataareaccumulatedanddeliveredmaynotaccommodatetheexactneedsandparticularrequirementsofthecurrentresearchstudy.Manyatime,alterationormodificationstotheexactneedsoftheinvestigatormaynotbesufficient.Tothatamountusefulnessofsecondarydatawillbelost.Primarydataiscompletelytailor-madeandthereisnoproblemofadjustments.
Secondarydataisavailableeffortlessly,rapidlyandinexpensively.Primarydatatakesalotoftimeandtheunitcostofsuchdataisrelativelyhigh.
Inthiscasetheprimarydatahelpusmorebecauseweknewwhattheydidn’tdowell.Butthequestionsarenotcoveringenoughareasofproblemtheymayhavelikeconditionsasarestaurant.
Promotions
Promotionisoneofthefourelementsofmarketingmix(product,price,promotion,andplace).Itisthecommunicationlinkbetweensellersandbuyersforthepurposeofinfluencing,informing,orpersuadingapotentialbuyer'spurchasingdecision.Thespecificationoffiveelementscreatesapromotionalmixorpromotionalplan.Theseelementsarepersonalselling,advertising,salespromotion,directmarketing,andpublicity.Apromotionalmixspecifieshowmuchattentiontopaytoeachofthefivesubcategories,andhowmuchmoneytobudgetforeach.Apromotionalplancanhaveawiderangeofobjectives,including:
salesincreases,newproductacceptance,creationofbrandequity,positioning,competitiveretaliations,orcreationofacorporateimage.Fundamentally,howevertherearethreebasicobjectivesofpromotion.
Marketingcommunicationdefinemodernmarketingthatcallsformorethanjustdevelopingagoodproduct,pricingitattractively,andmakingitavailabletotargetcustomers.Companiesmustalsocommunicatewiththeircustomers.
Atfirst,wemustintroduceHaagen-Dazs'sproducts.Thedesigningandpackagingisthemostimportanttoproducts.Haagen-Dazsproductsappearanceiseverything.Itis90%ofsale.Thelookofyourproducthastocatchtheeyeandinspirethemind.Inspectthegeneralmarkettrendsindesign,andlookatanycompetingproductsinparticular.Thisbrandproduct'sdesigningmustappearbetterthanitscompetitors,whichcangetloveofcustomers.Forarelativelysmallinvestment,agoodpackagecanofferself-promotionthatcanlasttheproduct'slifetime.
◆Therearefourcommonmethodsusedtosetthetotalbudgetforadvertising:
1)Theaffordablemethodinvolvessettingthepromotionbudgetatthelevelmanagementthinksthecompanycanafford.Thismethodisoftenusedbysmallbusinesses.Theystartwithtotalrevenues,deductoperatingexpensesandcapitaloutlays,andthendevotesomeportionoftheremainingfundstoadverting.
2)Thepercentageofsalesmethodissettingthepromotionbudgetatacertainpercentageofcurrentorforecastedsalesorasapercentageofthesalesprice.Thismethodissimpleandithelpsmanagementthinkabouttherelationshipsbetweenpromotionspending,sellingprice,andprofitperunit.However,itwronglyviewssalesasthecauseofpromotionratherthantheresult.
3)Thecompetiti