Cowgirl Chocolates Case Study Questions 1. What are some of the critical strengths and weaknesses of Cowgirl Chocolates that determine the success of this small business? Can the weaknesses be overcome by the strengths of the business? Please note that strengths and weaknesses apply to the internal issues‚ decisions‚ assets‚ people (attitudes‚ talents‚ knowledge‚ passion‚ relationships‚ etc.). 2. Referring to the total product view (Exhibit A)‚ describe the “hot and spicy chocolate truffle”
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artist‚ started Cowgirl Chocolates to provide some funding support for a yearly published arts magazine‚ High Ground‚ which she and her husband‚ Ross Coates‚ started in 1995. Her love of chocolates and hot and spicy foods spurred the idea of making hot and spicy chocolates to be sold in creative‚ artistic tins and packaging‚ which she labeled Cowgirl Chocolates. Her small business‚ begun in 1997‚ won a number of awards in fiery food competitions. While Cowgirl Chocolates grew steadily over its four
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to produce sweet chocolate as a coating for his caramels. Located in Lancaster‚ Pennsylvania‚ the new enterprise was named the Hershey Chocolate Company. In 1900‚ the company began producing milk chocolate in bars‚ wafers and other shapes. With mass production‚ Hershey was able to lower the per-unit cost and make milk chocolate‚ once a luxury item for the wealthy‚ affordable to all. A company on the move. The immediate success of Hershey’s low-cost‚ high-quality milk chocolate soon caused the company’s
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this world of ever increasing competition and removal of barriers to trade due to the enforcement of the WTO (World Trade Organization)‚ branding has become even more important. In a situation where a multitude of alternatives are available to the consumer at lower prices‚ the establishment of a strong brand name is extremely important. A strong brand can make all the difference between a successful brand and a failure. Branding is at the heart of marketing. The reason for this statement is that
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Case Study # 3 Rollin’ in a ‘Sclade 1. Cadillac’s “new customer” can be described as a subculture for many reasons. A subculture can be defined as a group whose members share beliefs and common experiences that set them apart from others. In 1998‚ when GM introduced its first Escalade‚ a new customer based was created for Cadillac. Prior to this new product‚ the customer base of Cadillac primarily consisted of upper-middle class‚ aging‚ Caucasian drivers. The conception of the Escalade extended
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Introduction Rogers’ Chocolates is Canada’s oldest chocolate company and British Columbia’s second oldest company. Steve Parkhill‚ the new president of company is expected to double or possibly triple the size of company within the next 10 years. In the chocolate candy industry‚ Canada’s market size was $167 million and growing 2% annually. Although the growth rate in the chocolate industry is falling as a whole‚ large companies such as Hershey & Cadburys are moving into the premium chocolate market and growing
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Consumer Behavior and Marketing Strategy The study of consumers helps firms and organizations improve their marketing strategies by understanding issues such as how • The psychology of how consumers think‚ feel‚ reason‚ and select between different alternatives (e.g.‚ brands‚ products); • The the psychology of how the consumer is influenced by his or her environment (e.g.‚ culture‚ family‚ signs‚ media); • The behavior of consumers while shopping or making other marketing decisions;
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Cowgirl Chocolates Final Case Analysis By: Kyle Couchois‚ Gregory Howard‚ Marc Schiller‚ John Sprenger 12/8/2010 Primary Problem The primary problem of Cowgirl Chocolates is that the company has not established a target market for its product and identified its customers. The company specializes in the niche product of hot and spicy gourmet chocolate. According to the company owner‚ only about 15% of Americans are consuming hot and spicy foods and men are usually more receptive
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understanding consumer behavior of such importance to marketers? Give examples of how marketers apply their understanding of consumer behavior to their marketing strategies. The study of Consumer behavior plays an importance role to the marketers which need to study in how individuals‚ groups and organizations select‚ buy‚ use and dispose of goods‚ services‚ idea or experiences to satisfy their needs and wants. The marketers need to research and understand how the study of consumer behavior works and
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Proceedings 2nd CBRC‚ Lahore‚ Pakistan November 14‚ 2009 EFFECTS OF ADVERTISEMENT ON CONSUMER BEHAVIOR OF UNIVERSITY STUDENTS Aneeza Bashir University of Sargodha Najma Iqbal Malik University of Sargodha najmamalik@gmail.com ABSTRACT The present study was conducted to find out the effects of advertisement on consumer behavior of university students (N = 150). A self-explanatory questionnaire was used to measure the effects of advertisement. The sample was comprised of university students
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