The product is aA food bag for dogs that contains two separated compartments made to carry food on top and water on the bottom. The name of the company is DogTravel2Go DogTravel while the logo is a dog on top of a mountain with the bag in their mouth. The product This is convenient when it comes to for hiking or long rides in the car rides. I to intend to design the bag to be easy to carry around and if need to can be reused once. Dog food costs around $7.99 since it will contain the nutrients needed for the pet and ingredients made to help improve the pet’s health conditions when physical energy is required plus the bag comes with water, the total price is $8.50. This product is made for hikers who own pets, and owners who travel. The product
to buy them expensive dog kibble from the store. People who have a dog spend
Basic dog food for a year costs between $100-$250 (pets.costhelper.com). Premium or holistic food costs anywhere from $200-$400 per year (pets.costhelper.com). Canned food or raw food can cost from $400-$1,000 a year (pets.costhelper.com). These figures do not even factor in the cost of treats, which also vary from basic to premium (pets.costhelper.com). Depending on the size, breed, or age of the dog you have, some can cost more to feed than others (pets.costhelper.com). An elderly dog can eat under $100 worth of food per year, whereas a big breed dog can eat $1,000 worth of food in a year (pets.costhelper.com). So, keep in mind how much you will be paying for dog food when selecting a
The product will be sold at the store in Little Rock, Arkansas, focusing on the zip code 72212. Considering the small size of my city, the geographic segment will focus on those individuals that live in the suburban neighborhoods in the area. Most of the people in this area are millionaires in their mid-50s without children so they treat their pets like they would their children because they consider them an extension of their family. Since these individuals love their pets much like they would their family members they will spend a great deal of money on them to ensure they have the proper care and treatment. This will hold especially true when it comes to their pet food. From my personal experiences, wealthy individuals have a tendency to purchase the most expensive items on the shelves for the simple fact they think it is better than all the rest. Needless to say, they will not have an issue paying expensive prices for an all-natural pet
5.Can turn the obstacle of lack of appeal of frozen dog food into an asset in advertising
The Smackey Dog Food, Inc. is a family owned business. It was started by three sisters, Sarah, Kim and Jillian, in the kitchen of their home. They lived in a suburban area of Chicago, Illinois. Their business is making all natural dog food. After using their own dogs and the neighbor’s dogs as test subjects, it was discovered by local vets, pet stores and grocery stores. These local places began to distribute the dog food. The demand for their food began to increase and they moved their business to a larger facility and hired additional workers. As compared to competitors, Smackey Dog Food, Inc., began to rise
Smackey’s Dog Food Inc is a privately owned company and does not adhere to the practices of the SEC regulations. The financial statements and accounting standards have to comply with the Generally Accepted Accounting Principle (GAAP).
If you are looking for the best place to purchace Beneful dog food then you will be glad to now that Walmart offers a great variety of Beneful dog food at amazingly low prices. Shopping in store and online is a great way to ensure that you find the dog food that is right for you. Walmart offers great prices on Beneful dog food however prices do depend on the size and type you are looking for. If you are in need of dry dog food a 3.5 lb. bag cost $5.48 which include 4 different types such as Beneful healthy weight, Incredibites, healthy puppy, and original. 40 lb bags of these varieties are also available for $33.98. If wet food is what your looking for and you want the best for your pup then Beneful prepared meals are for you. They come in
The company needs to evaluate who comprises its target market. Is the market the entire dog food market? The 10 percent that is currently purchasing frozen food or the 15% that would purchase if it were more convenient to do so? Currently consumers do not associate dog food with frozen food; but even if they did, the product may still not appeal to the average consumer due to time requirements for its preparation and thawing.
There are three main categories of dog food: dry, canned and treats. In 2011 the sales of dog food totaled somewhere in the arena of 14 billion dollars. Endeavoring to bring new dog food to an already established market can be a “daunting” task, especially when that particular dog food is frozen. Breeder’s Own Pet Foods as a whole has realized how diverse the dog food market is; however, brokers within this conglomerate believe that the true organic potential of this marketplace has yet to be “tapped” into effectively. With an ever-changing push toward becoming
Positioned to be perceived by buyer as the only dog food that they would want to purchase for a dog that is considered part of the family
Caninantics’s mission is to be the leader in introducing innovative, dog food dispensing product to the market. Through close customer contact and excellent relationships, Caninantics, will meet the needs of the customers. Caninantics, LLC, is a privately-held corporation and maintains an office and a small warehouse in a mixed-use area of North Beach. Three of the four investors in the company have full operational responsibility, the co-founders, have both entrepreneurial and industry experience to brings operational management, marketing, and financial skills
|Weaknesses: • Lack of availability in all stores • Lack of appeal to consumers due to thawing time / freezer space (convenience) • Lack of appeal to supermarkets due freezer location • Lack of brand equity in retail market • Premium price | Threats: • Store Location - Consumer must be educated to find product in different area of store • Saturated market – sales top 14 million in 2011. Dog food is also heavily advertised, so the challenge is to entice the consumer to buy Breeder’s Mix. • Competition - 5 major brand name dog food companies dominate market with 75% of US dog food sales • Challenge to get supermarkets to give up valuable freezer space for dog food |Evaluation of AlternativesBreeder’s Own Pet Foods product development strategy should be evaluated. Currently only 1 out of 10 dog owners regularly buy frozen or refrigerated dog food and ¾ of those surveyed expressed no interest in purchasing frozen dog food (Kerin and Peterson, 2013). This indicates that there is a limited market for dog owners who would be interested in a product such as Breeder’s Mix. Research does suggest however that frozen dog food dollar volume is increasing annually indicating there is a strong opportunity for Breeder’s Own to be the first to tap into the frozen dog food market in the Boston area. Breeder’s Own Dog Foods needs a strong marketing campaign to convince consumers their brand is superior to
After careful review of each of the elements in launching this product, the following analysis can be determined. Zenith has to answer a specific series of questions in order to decide if their product of Show Circuit dog food will be a viable product. The market was in fact correctly segmented, although Zenith needs to see the shopping behavior of those willing to spend more on pet food. Marketing in a supermarket could inhibit the potential growth of the product. Because the market is already segmented and offered such a variety of dog foods, Zenith will have to market the product correctly and focus in on the benefits to be successful. Show Circuit needs to seek a position of a higher quality product in a different, more convenient location. It is important to play up how the location is a benefit rather than a detriment. This goes along with the sales program being successful. Show
Food trays are essential for many food establishments, so it is important to invest in a durable product. The 12 in x 16 in Brown Fast Food Tray from Cambro has been designed with the durability to withstand daily use, which means it won’t require regular replacing. Its polypropylene design is not only durable, but features a textured surface, reducing the risk of slipping and spills while carrying the tray. Carrying the 1216FF167 food tray, even when fully loaded, is easier thanks to its reinforced edges. The thicker edge design also makes it easy to separate the trays when
Caninantics is a company that has developed a dog food-dispensing product that offers busy pet owners with the capability of feeding dog during their absences. This product is developed because of the wide recognition of Americans love for their dogs and animals. Caninantics had developed a device known as “Pooch Pantry,” that automatically opens dog food cans and empties the contents into a dog food bowl. The device carries out this process either through a timed procedure or through mobile user initiation. As the firm seeks to reach out to a huge customer base for this product, it needs to develop an effective marketing plan. This process involves conducting marketing research to support the marketing strategy and examining customer satisfaction to create customer loyalty.