Presentation Transcript
Market Positioning/Marketing Strategies :Market Positioning/Marketing Strategies
Content :2 Content Definitions
Industrial, Commodity, or Branded Product
Economy of Scale and the Importance of Organizing Small Farmers
Managing Product Quality
Definitions :3 Definitions Marketing Concept
“The philosophy of the company to satisfy consumer needs at a profit”
Marketing programs
For the branded products, the seller is able to identify the market, design the products, and position in the targeted market
Quality
In commodity grading, QUALITY refers to “attributes of commodity that influence its acceptability to a group of buyers and the price they are willing to pay for it”
Marketing for different type of Consumer and Product :4 Marketing for different type of Consumer and Product Consumer marketing
Supplying consumers generally with branded products
Industrial marketing
Supplying differentiated ingredients to processors and manufacturers
Commodity marketing
Supplying undifferentiated raw materials
Industrial Product :5 Industrial Product Raw materials from farm or sea when produced to specifications
Specialized commodities: Produced to specification but not designed for a specific process
Bulk industrial products: produced to specification and used in large quantities
Partially processed: need further processing
Processed products in a ready to use form for final consumers
Processed specialty ingredients
Commodity Product :6 Commodity Product Commodity Grading and Standardization
Why grading? To have identifiable standards of quality so that prices can be established for each grade
Who should set up the grading system?
Government
Producers’ organization
Trade organization
Others
Commodity Product :7 Commodity Product Commodity Pricing Mechanisms
Individual Negotiation
Auction Market
Electronic Market
Formula Pricing
Collective Bargaining
Administrated Prices
Branded Products :8 Branded Products For final consumers
Target market
A group of customers at which the seller directed the marketing programs
Market selection: market research and segmentation
Marketing for the targeted market
Marketing strategy (positioning)
Marketing mix (Product, Promotion, Price, Distribution)
Marketing Plan :9 Marketing Plan Marketing plan is part of the functional plans such as finance, manufacturing plans of the organization, which include two levels of plan:
The Strategic Marketing Plan
The Action Plan
Strategic Marketing Plan :10 Strategic Marketing Plan Define and quantify the market
Situation analysis
External:
Macro environment: economic, demographic, lifestyle, environmental issues, food health concern
Micro environment: customers, product. Competitors, distributors, suppliers
Internal:
Overall strategy, Effectiveness, Organization, systems, marketing functions
Objectives
Quantifiable, measurable, actionable, and motivational
Marketing strategies
Segmentation and positioning
The Importance of Organizing Small Farmers :11 The Importance of Organizing Small Farmers Economy of Scale
Reduction of input costs (seeds, fertilizer, transportation)
Specialization in different tasks and functions becomes feasible
Bargaining power
Application of the Marketing Concept
Implications for different customers
Managing Product Quality :12 Managing Product Quality Grading: sort a product into quality classifications according to standards that are agreed upon by the industry
Quality is characteristics of the products defined by the standards
Consumer product: Brand is the composite of private “quality” standards
National/International standards for commodity
Specification of industrial products
Quality of the “total” product include product, package, and service
Thank You :13 Thank You
Components of Marketing Plan :14 Components of Marketing Plan Executive summary
Situation analysis
Marketing objectives
Market Selection: Target Markets
Marketing Strategy
Marketing Mix
Budgets, control, and accountability