Marketing Strategy: Whittakers And Cadbury

Improved Essays
As we can see from the above product positioning map, Whittaker 's is distinguishing itself from its main competitor Cadbury by offering a higher quality product at a reasonable price, adding to the perceived value consumers will get.
“For chocolate lovers across New Zealand, Whittakers provides high quality chocolate products with a trusted brand to back it. Unlike it’s competitors, Whittakers provides great value for money by combining its treasured ingredients and thorough manufacturing process with a reasonable price for consumers. Making sure the industrial process is kept solely to New Zealand gives Whittaker 's the autonomy to create a product that tailors to New Zealand’s chocolate lovers needs.”
“New Zealand is a country of chocolate
…show more content…
With such a diverse range of products, and fierce commercial competition, they should use a mixture of skim and penetrating pricing. For example, Whittaker 's co-brand product, Lewis road creamery, should use skim pricing. By charging such a outrageous price from the launch they are able to capitalize on early customers of the product who are willing to pay a premium price for such a excellent product. When sales peak or start to decline for that group, Whitakers should slowly start ‘skimming’ their price until they reach a perfect …show more content…
Intermediaries are specialists in selling. They have the contacts, experience and scale of operation which means that greater sales can potentially be achieved through them rather than Whittaker 's selling to the end user them self. Because whiattkers produce’s consumer packaged goods they need to sell a at a high volume to achieve substantial profit. With chocolate products the actual purchase is rather small and lost cost so requires minimal thought, there for to “stimulate sales, the chocolate needs to be widely available to consumers”. Because of this, we know Whittaker 's uses extensive distribution and should continue to do so.
Whittakers uses a combination strategies, rather than just one of the two. They push to create the customer demand by constantly innovating new and exciting products, and offering these products in stores through retails and the supply chain. And they pull the customers towards these products through advertising and promotional

Related Documents

  • Decent Essays

    Management Recommendations Company Summary Company Description George Weston Limited (George Weston, GW) is the largest food processing and distribution company in Canada and one of the biggest in the United States of America (U.S.). George Weston is divided in two main subsidiaries; Weston Foods and Loblaw Corporation Limited (Loblaw) which includes subsidiaries of its own, for example Shoppers Drug Mart and President’s Choice Financial.…

    • 368 Words
    • 2 Pages
    Decent Essays
  • Improved Essays

    The promotional objective of Consider the Crown is to educate an audience through various mediums. Consider the Crown will use advertising, publicity and sales promotions to reach the target market. The Consider the Crown campaign wants to show consumers it is committed to preventing brain injuries in the sport of football. It is important for the Consider the Crown campaign to capture the interests of its target market. The campaign will demonstrate a new outlook on the way brain injuries are handled and discussed.…

    • 750 Words
    • 3 Pages
    Improved Essays
  • Superior Essays

    Warrnambool Cheese Case

    • 1484 Words
    • 6 Pages

    Business and Strategic Analysis of Warrnambool Cheese & Butter Factory Holdings Limited 1.1 Company’s Activities Warrnambool Co. Limited is one of the leading producers of high-quality dairy products for the last 125 years. It is considered the oldest dairy producer and seller in the entire Australia Market. In addition, it longest existence in the marketing has led to its massive employment of the locals to work in its South-West Victoria site.…

    • 1484 Words
    • 6 Pages
    Superior Essays
  • Decent Essays

    Yti Executive Summary

    • 444 Words
    • 2 Pages

    The current customers enjoy a premium product that performs phenomenally and will last a lifetime. Some of the current customers are loyal to the brand itself and because of its established reputation keeps them coming back. The potential customers are those people who are interested in the quality product but have not made the commitment to the higher price. We plan to target the people who are constantly on the move but not limited to the outdoorsmen. This could be mobile businessmen, busy mothers, active teens, and anyone else who may be juggling multiple tasks on a day to day basis.…

    • 444 Words
    • 2 Pages
    Decent Essays
  • Improved Essays

    Rock Islan

    • 930 Words
    • 4 Pages

    The strategy and tools used to communicate with customers has drastically changed. Unfortunately, there is no way to get around it, social media is here to stay. Notwithstanding, the social media platform can be a slippery slope, especially for a company that is new to it. Thus, for social media to be effective for a company it must approach it strategically. Further, one of the main functions of social media is the ability to connect with people, if a company is active on social media it must be willing to tackle both negative and positive feedback.…

    • 930 Words
    • 4 Pages
    Improved Essays
  • Improved Essays

    North West Company Essay

    • 1092 Words
    • 5 Pages

    NWC’s international performance brings in 34.8 percent of the business. Exhibit 1 shows the steadily increasing numbers for international sales 2010 at 469,442 moving to 2014 at 582,232 each year growing by around 50,000, there was a hiccup in 2011 however in 2012 it recovered the losses. As NWC continues to expand and acquiring more international companies the sales and will consecutively increase as well. Moving into the markets where they are a niche business with not many competitors they are able to be a local name as well as a mainstream brand. Using their strategy keeping the name of the company acquire to keep the international consumers’ name recognition will also help drive sales over the country…

    • 1092 Words
    • 5 Pages
    Improved Essays
  • Improved Essays

    As such, parallels can be drawn to the principle of differentiation. Kohtler defines differentiation as differentiating the firm’s market offering to create superior customer value (Armstrong, 2016). Based on the feedback from focus groups, consumers tended to place more value on the product’s healthfulness as its most distinguishing quality with 70% cocoa. As such, the perception of healthfulness was considered the most significant difference between the new dark chocolate and other chocolate…

    • 708 Words
    • 3 Pages
    Improved Essays
  • Improved Essays

    Limited distribution strategy is a disadvantage for a company in such a competitive field today. Estée Lauder distributes its products to very high-status department stores, retail stores and prestigious salons and spas. Their restricted supply tactic is a competitive disadvantage especially with the company’s competition with several other products sold today. While the competition grows each day, Estée Lauders reach to the consumer’s limits. Not only does it make it limited, it has high reliance on certain retailers, meaning if any unfavorable change were to occur in that certain store, it would place Estée Lauder in a risky position.…

    • 830 Words
    • 4 Pages
    Improved Essays
  • Decent Essays

    1. Identify three key characteristics of the marketing concept. (150 words) One of the main characteristics is the ability to properly understand one of the main characteristics of the marketing concept is knowing the needs of customers that is the basis for the functioning of each company and the condition for its financial success. The products that Clare Chocolate is making is the one that most accurately and most fully responds to the client's needs.…

    • 835 Words
    • 4 Pages
    Decent Essays
  • Great Essays

    Hershey Financial Analysis

    • 1499 Words
    • 6 Pages

    He relayed this in their mission and vision statements. The mission statement of Hershey Company is: “Bringing sweet moments of Hershey happiness to the world every day” (Hershey’s Company, n.d.). The vision of the company is to bet: “the world’s first choice for chocolate everywhere, every time” (Hershey’s…

    • 1499 Words
    • 6 Pages
    Great Essays
  • Improved Essays

    Smith & Wesson is a leading designer, manufacturer and seller of a wide range of firearms, including handguns, rifles, shotguns, assault rifles, and related products and accessories. The company is headquartered in Springfield MA, with additional manufacturing facilities in Maine and Connecticut, and development and marketing of firearms accessories in Missouri. This paper reviews Smith & Wesson’s pricing and retail strategies, with an additional market analysis and competitive strategy review (Smith & Wesson Holding Corporation, 2016). Competitive Strategy Smith & Wesson (S&W) competes with a number of dominant global firearms manufactures including Ruger, Sig Sauer, Taurus, Glock, Colt, Savage, Remington, Winchester, and Bushmaster.…

    • 766 Words
    • 4 Pages
    Improved Essays
  • Improved Essays

    Executive summary With the change in economic environment, technology is also changing. In the recent few years, the number of smart phone users has increased rapidly. The Smartphone has created a different image in the minds of people and became a part of their life. The Smartphone is not only the mode of communication, but also best medium of entertainment. Its different qualities and features have made it popular worldwide.…

    • 3878 Words
    • 16 Pages
    Improved Essays
  • Great Essays

    Table of content page 1. Introduction…………………………………………………...… ………………………………………….. 2 2. Comparison of Ferrero’s Business model in the Europe and Asia..................... • Overview...................................................................................... 2 • Products....................................................................................... 3 • Selling stategy.............................................................................. 4 3. Benefits of Ferrero entering the Asian Food Market.…………………………….…

    • 1442 Words
    • 6 Pages
    Great Essays
  • Improved Essays

    In conclusion we will analyse the business environment and trends in the ice cream market in our country(South Africa) to identify current opportunities and threats for “Magnum ice cream” in this market. 2.Differentiation strategies exercised by Magnum ice cream to create a strong position in a highly competitive market. When we talk about differentiation we talk about what makes this particular product or ice cream to be different from other ice creams out there. What is it that makes one to buy it and what do they offer that companies do not offer.…

    • 702 Words
    • 3 Pages
    Improved Essays
  • Improved Essays

    Pricing strategies change as the product goes through various life cycle. Kotler and Armstrong (2014) also proposed two major pricing strategies for new product, namely market skimming pricing and market-penetration pricing. Market-skimming pricing is setting a high price for a high quality and image new product to obtain maximum profit from target segments. Market-penetration pricing is the pricing strategy that sets a low price for a new product in order to secure a larger market…

    • 1009 Words
    • 5 Pages
    Improved Essays