recommendations 1. Grow established Frito-Lay brands through line extension 2. Create new products to meet changing consumer preferences and needs 3. Develop products for fast-growing snack food categories 4. Reproduce Frito-Lay Successes in the international market Background Information Frito-Lay Brands include: Lays‚ Ruffles‚ Fritos‚ Doritos‚ Tostitos‚ Cheetos‚ Rold Gold‚ Funyuns Accounts for 13% of sales in U.S. snack-food industry World leading manufacturer of snack chips Recorded $3.5 billion in
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involves improved recognition‚ enhanced perceived quality‚ changed associations‚ an expanded customer base and increased loyalty. ’ David A. Aaker – Professor of Marketing Strategy at University of California at Berkeley. This is a story of risk and reward. About having the guts to effectively withdraw the Hostess Brand from the market‚ even though it was Canada’s largest snack food trademark and the company ’s flagship brand – in favour of replacing it with an old‚ weak brand – and then making that
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Frito Lay Question 1 How does the mix of Frito- Lay’s inventory differ from those at a machine or cabinet shop? Since generally the Frito Company is primarily centered on focused facility much of its earnings and savings go into capitol equipment. Frito Lays keeps its inventory in MRO‚ as opposed to the normal cabinet shop where it does not need the MRO. Normally and most of the time Cabinet and machine shops store high inventories in the category of raw materials‚ work in progress and in their final
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Frito Lay’s Tarotato Chips Marketing Plan Hewgi Wong 300736597 Professor: Mike Sullivan Course: MKTG 116 February 05‚ 2014 Frito Lay Canada Product Name: Tarotato Chips Product Description: A healthy alternative to your traditional potato chips. Taro is a starch root much like your traditional potato however it has “30% less fat and more fiber” plus more vitamins (Time‚ 2011). Get that same crisp and tasty flavor that you are used too without the high cholesterol. These
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Summary： Frito-Lay‚ Inc. is a division of PepsiCo‚ Inc.‚ a New York-based diversified consumer goods and services firm. PepsiCo‚ Inc. includes Pizza Hut‚ Inc.‚ Taco Bell Corporation‚ Pepsi-Cola Company‚ Kentucky Fried Chicken‚ and PepsiCo foods international. PepsiCo‚ Inc. recorded net income of $ 1.077 billion on net sales of $ 17.8 billion in 1990. Frito-Lay‚ Inc is a worldwide leader in the manufacturing and marketing of snack chips. In 1960‚ the Frito Company and the H.W. Lay Company merged
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The History of the Potato Chip One of the most recognizable snack foods is the potato chip. Who can resist this thin slice of potato‚ fried into a crisp then salted? Potato chips are delicious and very popular. They satisfy the taste buds of many by hitting all the essential characteristics of a good treat. They are convenient‚ easily found‚ salty‚ greasy‚ and come in a wide variety of flavors. It is hard to believe their invention was a mistake. When George Crum‚ a Native American chef in Saratoga
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1. How would you characterize the snack chip category and Frito-Lay’s competitive position in this category? The snack chip category is growing‚ mainly because of the increased per capita consumption‚ which rose from about 12 pounds in 1986 to nearly 14 pounds in 1990. The snack chip category consists of three types of competitors: national‚ regional and private brand firms. The market is very competitive and difficult; as many as 650 new products are introduced every year‚ but less than 1% of them
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Frito-Lay‚ Inc 1987-1992 Background: In December of 1986‚ Willard Korn‚ former CEO of Frito-Lay‚ Inc. resigns due to profit plummets. Korn had led Frito-Lay down a road to disaster. His micromarketing idea was good at theory but unable to support the needs of the ever growing company. His resignation proved to be a turning point for the company and all of its employees. A new beginning: A new beginning for the salty snack giant comes from the leadership of Michael Jordan. The CEO of Pepsi Worldwide
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Frito-Lay‚ Inc. Sun Chips Multigrain Snacks Ryan Brogan‚ John Campanioni‚ Patrick Hildebrandt‚ Tracy Lai‚ Ashlea Morrell‚ and Kate Piskorowski Snack Chip Category $37 billion in snack food retail sales- 5% increase from 1989 Snack chip retail sales of $9.8 billion (26.7% of snack food sales)-also 5% increase Growth in snack chip category comes from increased per capita consumption In 1990 consumption was 14 pounds per person Three types of competitors National brand firms
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Touro University International Erin S. McDonald ITM:501 Module 1 Session Long Assignment Dr. Kurt Diesch 22 January 2007 In reading these two cases I found that both of them seemed similar in many ways. Both Frito-Lay and Step Two approached the task at hand the same way. They identified the problem and then found a suitable solution. The problem was the same‚ both needed to organize their information and data in a common point so that everyone had access to it. Both had a need for information
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