Preview

Enterprises Effectively Using Market Research

Best Essays
Open Document
Open Document
1935 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Enterprises Effectively Using Market Research
Kellogg’s Use of Market Research
Deidre Heitmann Hughes
BUS4036 Marketing Research
U05a2 Enterprises Effectively Using Market Research
Capella University
February, 2013

Introduction
Kellogg’s is an over 100 year old company whose focus is primarily breakfast and snack foods with 36 brands under its profile (Kellogg 's). Kellogg’s produces its products in 19 countries for distribution of their products in over 160 countries. Current Products for Kellogg’s includes cereals, cookies, snack bars, meal replacement drinks, crackers and other snacks. Key drivers for each of these include taste and convenience with packaging that is colorful, fun and attention grabbing. The market segmentation for the Kellogg’s brands falls under two primary categories; families with young children and those who are interested in nutritional foods and snack that help with weight loss or control. The company’s mission statement is, “To enrich and delight the world through foods and brands that matter.” The company’s strategy has been to brand itself as providing fast, convenient, good tasting breakfast foods and snacks that are nutritious. Kellogg’s enjoys strong brand recognition and retention with the company ranking number 29 out of the Interbrand top 100 global brands (The Top 100 Brands, 2012).
Kellogg’s has a marketing team of over 100 senior marketers all over the world and the organization implements common working processes across the territories, however, they are careful to create their brand image and product flavors in harmony with the culture of each country. Kellogg’s diligently utilizes market research for every aspect of its business decisions from branding to new product development.

Kellogg’s Branding Market Research
Kellogg’s has very carefully crafted and maintained its market brand and to do this they are diligent conductors of market research. A successful and effective brand encourages brand loyalty and provides the company with distinction



References: INDIA: Kellogg issued notice over Special K ad claims. (2012, November 28). Retrieved February 8, 2013 from Just-Food: http://www.just-food.com/news/kellogg-issued-notice-over-special-k-ad-claims_id121355.aspx (2012). Kellogg Company 2011 annual report. The Top 100 Brands. (2012). Retrieved February 8,2013 from Interbrand: http://www.interbrand.com/en/best-global-brands/2012/Best-Global-Brands-2012-Brand-View.aspx Chakraborty, D. (2009, October 5). Ayushveda.com. Retrieved February 8, 2013, from Kellogg 's in India: A Square Peg in a Round Hole: http://ayushveda.com/blogs/business/kelloggs-in-india/ Kellogg 's. (n.d.). Retrieved February 8, 2013, from Kellogg 's: http://www.kelloggs.com/en_US/home.html The Times 100 Business Case Studies. (n.d.). Retrieved February 8, 2013, from New Products from Market Research A Kellogg 's Case Study: http://businesscasestudies.co.uk/kelloggs/new-products-from-market-research/introduction.html#axzz2KPvS3ACc The Times 100 Business Case Studies. (n.d.). Retrieved February 8, 2013, from Re-Branding a Corporate Image A Kellogg 's Business Case Study: http://businesscasestudies.co.uk/kelloggs/re-branding-a-corporate-image/introduction.html#axzz2KPvS3ACc

You May Also Find These Documents Helpful

  • Better Essays

    In order to succeed, it is fundamental that businesses satisfy consumers’ needs (and desires) for goods and services. Appropriate market research provides the data necessary to understand those needs and respond to them effectively and profitably. Kudler Fine Foods (KFF) has performed market research in the past. Some of that research has been helpful; some has not. Additional market research is needed for KFF to reach a larger share of the market and increase profitability.…

    • 1297 Words
    • 6 Pages
    Better Essays
  • Good Essays

    Keebler is one of the few packaged food brands that generates over $1 billion in annual sales. Brand recognition is key and essential for Keebler. Their product is consumed in some way in 75% of households within the United States. Additionally, over 96% of the households in the United States recognizes the Keebler name. Keebler’ execution strategy is to continue to invest in advertising and promoting the Keebler brand in order to take advantage of Product Segmentation and Keebler Brand Strength Across Product Segments. Keebler’s strength of its brand is its consumer identity across a wide variety of product segments. Keebler's strategy is to target product segments where it already has a strong position or that are not already dominated by a strong branded product (Keebler,…

    • 546 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    Mgt/521 Week 3

    • 653 Words
    • 3 Pages

    A. (2013, Nov 05). Corporate news: Kellogg to cut jobs --- maker of special K, pringles to lay…

    • 653 Words
    • 3 Pages
    Satisfactory Essays
  • Good Essays

    Success for new business’ or products is dependent upon the wants’ and needs of the consumer; market research helps shape the design of a product for both consumer and developer. Kudler Fine Foods must create a successful marketing strategy that includes both a target market, “a fairly homogenous (similar) group of customers to whom a company wishes to appeal” (Pereault, Cannon, & McCarthy, 2011, p. 3) and a marketing mix, “the controllable variables the company puts together to satisfy the target group” (Pereault, Cannon, & McCarthy, 2011, p. 3). Their mix must include the “Four Ps” (Pereault, Cannon, & McCarthy, 2011, p. 7) to be successful. These include: researching the market to see if they are developing the right product for the right market; the channels of distribution with which they will get their product to the marketplace, the method of promoting the…

    • 1078 Words
    • 5 Pages
    Good Essays
  • Better Essays

    Integrated Marketing Memo

    • 1301 Words
    • 6 Pages

    This plan aims to ensure that Kudler Fine Foods’ (KFF) marketing plan is consistent with the demographic data and psychographic data that have been researched by the company in the past. This memo will go into detail about how to create a marketing plan that is consistent through the various media used in their marketing strategy and why it is important in terms of demographic and psychographic data collected. This plan’s goal will be to ensure effective branding across all platforms of advertising media and to provide successful branding within the targeted consumer market.…

    • 1301 Words
    • 6 Pages
    Better Essays
  • Satisfactory Essays

    Cheerios Swot Analysis

    • 1092 Words
    • 5 Pages

    With more and more people looking towards healthy eating and watching the contents of their food intake, companies are now branding products to show the health benefits. Equally, existing companies and brands are having to create new strategies and change their products to contain healthy benefits to promote, attract or keep their customer basis. The Mintel report by Clifford (2012) states that ‘25-34s appear to be attracted to healthy cereals, being the most inclined to use high-fibre cereals, muesli, diet cereals, granola and added health cereals.’ According to a report by Strutton (2012) this has a direct affect on the brands marketing as Cheerios has now targeted children through their parents, which states that Cheerios is ‘playing the kiddie card’ in terms of marketing. This is a strong move in the current market and moving with the trends. This is also helped with such Government campaigns such as Change4 Life which is there to actively encourage consumers to have a healthy start to their day…

    • 1092 Words
    • 5 Pages
    Satisfactory Essays
  • Powerful Essays

    Kellog's Ethics

    • 1500 Words
    • 6 Pages

    The Kellogg’s company shows a serious commitment to ethics. In 2007, they were the top U.S. company for ethics in the food and beverage industry; third globally.[1] Their role in the food and beverage industry has been maintained for over 100 years, and they produce their products globally, spanning 180 countries. They produce food items such as cookies, crackers, cereal, baking needs, and many other snack items commonly consumed.…

    • 1500 Words
    • 6 Pages
    Powerful Essays
  • Powerful Essays

    * KELLOGG’S is a company which produce product comes from cereals the company has started in 1906 by W.K KELLOGG’S in USA, it started with 44employeees but now it has become one of the big…

    • 1797 Words
    • 8 Pages
    Powerful Essays
  • Good Essays

    Business Ethics

    • 434 Words
    • 2 Pages

    Kellogg’s recently received an award from the National Association for the Advancement of Colored People for diversity in compliance and ethics. Kellogg’s is also the 2007 national sponsor for Race for the Cure, and has a comprehensive program for United Way’s Days of Caring, in which the entire company donates time.…

    • 434 Words
    • 2 Pages
    Good Essays
  • Good Essays

    Stakeholders

    • 415 Words
    • 2 Pages

    Marketing is probably the second most important role in this project; the team members in this department are responsible of obtaining market information on the competitors; this information will determine where Kudler Fine Foods stands in implementing the new…

    • 415 Words
    • 2 Pages
    Good Essays
  • Powerful Essays

    Manage Market research

    • 4092 Words
    • 20 Pages

    I have been provided with information on the Appeals System (see Guide to Assessment on course website…

    • 4092 Words
    • 20 Pages
    Powerful Essays
  • Satisfactory Essays

    The products promoted by Kellogg include, Frosted Flakes, Nutri-Grain Bars, Rice Krispies, Mini-Wheat’s and Eggo Waffles. All of these products contain a variety of unhealthy ingredients. Frosted Flakes contains 11gms/3 teaspoons of sugar per three-fourths cup serving and high-fructose corn syrup. Nutri-Grain contains over 30 synthetic ingredients, falsely advertising real fruit and the Eggo Waffles contain hydrogenated oils and high fructose corn syrup (HFCS). Kellogg’s advertises nutritional products, however, their ingredients have raised a great concern regarding the health of their consumers.…

    • 343 Words
    • 2 Pages
    Satisfactory Essays
  • Best Essays

    Kellogg's Marketing Strategy

    • 3108 Words
    • 14 Pages

    1. 1.1 1.2 2. 3. 3.1 3.2 3.3 3.4 4. 4.1 4.2 4.3 4.4 5. 6. Introduction Company Profile Kellogg’s Corn Flakes Segmentation and Positioning The Marketing Mix Product Place Price Promotion The Marketing Models Product Lifecycle SWOT analysis AIDA - Model BCG Matrix Conclusion References 1 2 3 4 6 6 11 14 19 21 21 22 23 24 25 26…

    • 3108 Words
    • 14 Pages
    Best Essays
  • Powerful Essays

    Kellogg's Risk Assessment

    • 1377 Words
    • 6 Pages

    The company’s purpose is to do more than simply offer products beneficial to the consumers. The company is always seeking ideas to improve the customer’s experience of consuming the product through the packaging, graphics, and labels. Kellogg’s’ vision is to “enrich” and offer products that are more environmentally friendly and satisfy the world through foods that matter.…

    • 1377 Words
    • 6 Pages
    Powerful Essays
  • Good Essays

    kelloge

    • 2050 Words
    • 9 Pages

    The Kellogg Company is the world's leading producer of cereals. Its products are manufactured in 18 countries and sold in more than 180 countries. For more than 100 years, Kellogg's has been a leader in health and nutrition through providing consumers with a wide variety of food products. These are designed to be part of a balanced diet and meet the different tastes of consumers. Kellogg's focuses on sustainable growth. This involves constantly looking for ways to meet consumer needs by growing the cereal business and expanding its product portfolio. Market research is a specific area of marketing that informs businesses like Kellogg's about the things consumers need, how best to design products to answer those needs and how to advertise those products to consumers. Market research goes beyond finding out what consumers are thinking today. It can identify what consumers might want in the future. In this way market research helps a business to make more informed choices. This reduces the risks for any new product development (NPD). It also increases the likelihood that products will be well received by consumers when they are launched. Kellogg's launched Crunchy Nut Cornflakes in the UK in 1980. Since then, it has become one of the most important brands for Kellogg's with a sales value of £68 million (according to IRI sales data). In 2003 the Crunchy Nut brand created a brand extension. This involved using the Crunchy Nut name to launch a new product called Crunchy Nut Clusters. This variant has two varieties, Milk Chocolate Curls and Honey and Nut. Both of them have enabled the brand to reach a wider group of consumers. This brand extension is now worth £21 million in annual value sales (according to IRI sales data). This case study focuses on the importance of market research during the development and launch of Crunchy Nut Bites, a more recent extension to the Crunchy Nut brand. The objective of this innovation was to provide a new flavour and texture for…

    • 2050 Words
    • 9 Pages
    Good Essays