Preview

Create The Value: Market Segmentation Analysis

Better Essays
Open Document
Open Document
1492 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Create The Value: Market Segmentation Analysis
Week 3 Assignment
Create the Value: Market Segmentation Analysis and a Value Proposition:
Daylesford Organic Farm Concept
By: Margaret Nicholson
Keller Gradate School
Professor: Timothy Schauer
Course: MKTG-522-20775
Marketing Management
January 25, 2015

1. Brief Description of the Daylesford Organic Farm Concept:
Daylesford concept is centered on a working organic farming. The farm was originally established by Carole Bamford. Dayleford has a passion for seasonal, ethical produce that has translated into two London-based farm shops and cafes and seasonal organic, produce sold in Waitrose and other independent stores nationwide. Daylesford has won over 60 national and international awards over the last 3 years for their
…show more content…
This can be done by introducing organic food recipes in the restaurant 's menu. People usually love dining out with friends and family. Choosing the perfect place to dine out can be a difficult task especially if you want to have organic meal. So the idea of incorporating organic food meal in local restaurants can work wonders for people who are health conscious. The next idea is to include the food benefits derived by the consumption from such organic food next to each recipe or by adding supporting websites. Such nutritional information may help people to become aware of the major benefits that organic food has. US population accounts more than 313 million. This population is subdividing into three groups. The Baby Boomers are those who were born during the years followed by World War II which lasts until 1964. Next group is Generation X, they consists of people born from 1965 through 1976. Third is Millennial also known as Generation Y which comprises of people born between 1977 and 2000. Based on the subdivision I would like to target Generation X people. From a marketing standpoint, GenXers tend to research before they indulge in any kind of purchase. They prefer quality over quantity. For many of these GenXers family is their first priority. They are also very career oriented, well-educated and they pose hefty purchasing power. Hence the concept of organic food can best be …show more content…
It forbids the manufacture or sale of adulterated or fraudulently labeled foods and drugs. Wheeler-Lea Act (1938) makes deceptive, misleading, and unfair practices illegal regardless of injury to competition. Places advertising of food and drugs under FTC jurisdiction. Lanham Trademark Act (1946) Protects and regulates distinctive brand names and trademarks. Fair Packaging and Labeling Act (1966) Provides the regulation of the packaging and labeling of consumer goods. Requires that manufacturers state what the package contains, who made it, and how much it contains. Consumer Product Safety Act (1972) establishes the Consumer Product Safety Commission and authorizes it to set safety standards for consumer products as well as exact penalties for failing to uphold those standards. Nutrition Labeling and Education Act (1990) Requires that food product labels provide detailed nutritional

You May Also Find These Documents Helpful

  • Satisfactory Essays

    Cross 9e TBB Ch24

    • 2356 Words
    • 12 Pages

    The Consumer Product Safety Commission is the primary agency that issues regulations on food labeling.…

    • 2356 Words
    • 12 Pages
    Satisfactory Essays
  • Good Essays

    Nvq3 Unit 19

    • 1559 Words
    • 7 Pages

    The Public Health (control of diseases) act 1984, Food Safety act 1990 and Regulations 1995, 2005 and 2006.…

    • 1559 Words
    • 7 Pages
    Good Essays
  • Powerful Essays

    The company have recently been looking for land to grow organic crops on as they are trying to promote their policy or organic.…

    • 1505 Words
    • 7 Pages
    Powerful Essays
  • Powerful Essays

    People were alarmed. The Meat Inspection Act of 1906, set rules for sanitary meatpacking and government inspection of meat products. Pure Food and Drug Act, articles had been shown that patent medicines were mostly alcohol, requiring that manufacturers to list certain ingredients on the label.…

    • 1569 Words
    • 7 Pages
    Powerful Essays
  • Good Essays

    In 1906 the Meat Inspection Act was put into action. The Act required factories to have federal inspectors to check all products that were out into interstate or foreign commerce. The grading system for beef and pork came about in the 1920s. Congress made it a requirement for every state “to perform the same inspection and grading duties in plants selling within state boundaries” (Wade). The same year that the Meat Inspection Act was put into action, the Pure Food and Drug Act was also enforced. These acts lead to the creation of the Food and Drug Administration, also known as the…

    • 959 Words
    • 4 Pages
    Good Essays
  • Good Essays

    In 1906 pure food and drug act was passed after a book called “the jungle” by Upton Sinclair was published. The Jungle documented the terrible conditions of meat packaging industry, then Roosevelt invited the author to his white house. Roosevelt promised to use federal regulations to clean up the sickening conditions of meat packing plants, but Roosevelt wasn't the only one that was sickened by what the author Upton Sinclair wrote in his novel, there was a large range of public complaint, Roosevelt responded by selecting a government commission, he pushed for FDA to be passed by congress and the bill termed for stricter, sanitary meat packers, then government programs to bear inspections. Industries were required to label canned goods, now known as the nutrition label, and it required the date the food was processed, this was called the pure food and drug act. Huge variety of items sold in drugstores weren't labeled, so nobody knew what was inside of it, or what it's made of. A Lot of children's medicine contained cocaine, Heroin and alcohol. The FDA act required a list of ingredients on the medicine, but it did not ban harmful products Then in 1906 “law forbade interstate and foreign commerce in adulterated and disbanded food and drugs. Offending products could be seized and condemned; offending persons could be fined and jailed. Drugs had…

    • 1013 Words
    • 5 Pages
    Good Essays
  • Satisfactory Essays

    Annotated Bibliography

    • 1543 Words
    • 7 Pages

    This scholarly article went into detail about the legal senses of FDA's rules on food labeling,…

    • 1543 Words
    • 7 Pages
    Satisfactory Essays
  • Good Essays

    One final way the role of the government has changed since the 1900’s is through food safety laws. Food laws in the United States have evolved to ensure the safety, quality, and transparency of the food supply for consumers. The Pure Food and Drug Act was established in 1906. It was the first federal law that aimed to protect consumers from adulterated and misbranded food and drugs. The act required accurate inspection and labeling of the ingredients and prohibited the sale of harmful or impure products.…

    • 690 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Food Legislation 1920

    • 579 Words
    • 3 Pages

    Food legislation in 1920 was less effective than food legislation now but, due to the reduced number of food involved issues in 1920, the health of food then was better then food now. In 1920 all food legislation was leftover from the Pure food and Drug act of 1906 which was involved in the meatpacking industry to prevent the mislabeling and adulteration of food, within state borders. (FDA, 1906) Legislation now covers almost all important issues involving food and public health with the exception of sugar.…

    • 579 Words
    • 3 Pages
    Good Essays
  • Better Essays

    home ec

    • 2044 Words
    • 9 Pages

    on the labelling, presentation and advertising of foodstuffs was amended as regards the indication of ingredients present in foodstuffs, which required that certain allergenic ingredients and products thereof must be indicated on the label of a foodstuff. This Directive amended Directive 2000/13/EC through the addition of Annex IIIa which lists these allergens.…

    • 2044 Words
    • 9 Pages
    Better Essays
  • Good Essays

    The agency insures that foods for sale in the United States are safe, pure, and wholesome. The FDA is also responsible for enforcing the federal act that requires informative labels on any household product that is toxic, corrosive, irritant, or inflammable or generates pressure through decomposition or heat. This federal agency of the US Department of Health and Human Services that is charged with ensuring the American consumer is protected from injury.…

    • 302 Words
    • 2 Pages
    Good Essays
  • Good Essays

    Evaluation and Research,Center for Food Safety and Applied Nutrition, and National Center for Toxicological Research. This Agency was founded because of the Pure Food and Drug Act in 1906. The Pure Food and Drug Act was a law and it removed harmful foods and drugs. The responsibilities of the FDA was that it wanted to protect the public from harmful things that can harm the public. The FDA is an important part of the Federal Agency and the United States. The FDA is an important part of the federal government agency and United States.…

    • 526 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Food Labeling

    • 792 Words
    • 4 Pages

    A food label is a source of advertising a food product. Manufacturers try their best to make their product food label as attractive as possible, by using bright colours, bold text, food claims, and a lot of information. Too much information on a food label might have caused a lot of painful headaches for consumers; but it's all worth it, due to many health and nutrition problems. By law, manufacturers must abide by the standard code terms of what is put on their food label. By this, a food label must have no false claims or information, be in English and legible and easy to see. Also must contain a barcode, name of food, list of ingredients in descending order of weight, net weight, any additives in the food, country of origin, use of imported ingredients, name and address of manufacturer, date marking and nutrition panel if any claims are made.…

    • 792 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Market Segmentation

    • 804 Words
    • 4 Pages

    A market is made up of people with one or more characteristics that make them to demand homogeneous product or service based on qualities of those products such as price or function. People in the same segment have similar needs and quality and therefore possess similar products and are charged similar prices, but they are different from other segments. Segmentation variables can be…

    • 804 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Market Segmentation

    • 590 Words
    • 3 Pages

    Geographic: The perfect place for KFC to do business is in the city because people are gathered there including people from the countryside. So the busiest blocks where there are people passing by 24 hours a day are KFC’s targets. Moreover, by positioning the store in the capital city Phnom Penh and a touristic city as Siem Reap, KFC can benefit from the excessive amount of labor force and a less expense on delivering raw material to each branch. Beside targeting the city as its distributing place, KFC also looks for the place that is near schools and shopping center. Most students who are just finished their classes will feel exhausted and starved so they will seek for the nearest and fastest food supply available around them. In Cambodia, people usually go to the shopping center to do window-shopping or just hanging around with friends. The only thing that they most likely to buy is food which is tasted differently from the everyday meal they always have so the best choice for them is fast food and the new menu that KFC brought.…

    • 590 Words
    • 3 Pages
    Good Essays