Preview

Krispy Me

Powerful Essays
Open Document
Open Document
5165 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Krispy Me
DSM 303 - Marketing Research Case Study

2012

Contents
Executive Summary....................................................................................................................................... 2 Section 1: Introduction to Krispy Kreme Doughnut, Inc. ............................................................................. 2 Section 2: Development of Research Questions, Objectives and Hypotheses. ............................................ 4 Section 3: Research Methodology ................................................................................................................ 5 Section 4: Findings and Discussions ............................................................................................................ 11 Section 5: Conclusions, Limitations and References................................................................................... 21 Section 6: References.................................................................................................................................. 22

Table of Figures
Figure 1: Research Questions and Objectives............................................................................................... 4 Figure 2: Marketing Research Process .......................................................................................................... 5 Figure 3: Types of Research .......................................................................................................................... 6 Figure 4: Development process of data collection instrument. ................................................................... 8 Figure 5: Constructs, Dimensions and Elements targeting Krispy Kreme problem statement. ................... 9 Figure 6: Developing Sampling Plan............................................................................................................ 10 Figure 7: Respondents ' income group



References:        http://startupblog.wordpress.com/2010/11/03/why-krispy-kreme-failed-in-australia/ http://www.krispykreme.com/about-us/history http://www.referenceforbusiness.com/history2/68/Krispy-Kreme-Doughnuts-Inc.html http://www.knowthis.com/principles-of-marketing-tutorials/planning-for-marketingresearch/exploratory-market-research/ http://explorable.com/research-designs.html http://www.abc.net.au/unleashed/40808.html http://www.japaninc.com/mgz_july_2008_krispy_kreme_marketing_in_japan 22

You May Also Find These Documents Helpful

  • Powerful Essays

    Krispy Kreme is a relatively small doughnut seller. It has only 295 stores while Dunkin Donuts has over 3,600 outlets in the United States and Canada. In spite of its size, Krispy Kreme has been described by many as “the hottest brand in America.” The company’s success in an environment which has made success difficult for many food operations is due in large part to the long-term vision of its top management and its establishment and achievement of S.M.A.R.T. goals. The company originated in Winston-Salem, North Carolina, in the mid-1930s when Vernon Rudolph bought a secret recipe for yeast doughnuts from a French pastry cook. Rudolph ran the company until he died in 1973 without naming a successor, which caused the company problems for the next decade.…

    • 1977 Words
    • 8 Pages
    Powerful Essays
  • 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
  • Better Essays

    Market research plays an important role in every aspect of an organization 's strategy of expansion and diversification. Since Kudler Fine Foods is expanding services then it needs to know about their competitors. Market research will aide Kudler Fine Foods management in determining where they stand in contrast with competitors. This research will also help identify Kudler 's market share. Using this information, Kudler Fine Foods will be able to identify where it is stronger than its competitors and then build upon its strength to increase its lead over their rivals. Similarly, market research can help it to identify their potentially weak areas and devise ways to overcome them, thus gaining on any rivals who excel in such areas.…

    • 1031 Words
    • 5 Pages
    Better Essays
  • Powerful Essays

    Krispy Kreme

    • 1155 Words
    • 5 Pages

    Question 1: Analysts are predicting that Krispy Kreme will be able to perform highly effectively and continue to grow rapidly in the coming two years. Do you agree with their analysis? If so, why? If not, why not?…

    • 1155 Words
    • 5 Pages
    Powerful Essays
  • Better Essays

    SEAFOOD Tawy Store

    • 1746 Words
    • 7 Pages

    “Marketing research is defined as the systematic and objective process of generating information to aid in making marketing decisions. This process includes specifying what information is required, designing the method for collecting information, managing and implementing the collection of data, analyzing the results, and communicating the findings and their implications.” (Zikmund, Ward, Lowe & Winzar, 2007)…

    • 1746 Words
    • 7 Pages
    Better Essays
  • Powerful Essays

    Vicks Scorpio

    • 1023 Words
    • 5 Pages

    While the case presents much more market research information than other cases, the research is not the primary focus of the series. The series affords an opportunity to see the entire marketing process unfold – from the assessment of market opportunity to the development of a marketing plan. Our first goal is to see how market research supports this process at various stages. A secondary goal is to gain an understanding of the relative advantages and disadvantages of various research procedures.…

    • 1023 Words
    • 5 Pages
    Powerful Essays
  • Best Essays

    The marketing research process is a series of activities that have to be performed , forcing marketers to take decisions regarding the objective of the research project, the specific data collection techniques and procedures that will be used, the research instruments and the way they will be used to collect information, the sampling procedures, data analysis techniques and finally about the communication channel used to feed data to the managers and the decision makers. Below are presented the steps of the marketing research…

    • 3474 Words
    • 14 Pages
    Best Essays
  • Powerful Essays

    Hungry Jacks Research

    • 2201 Words
    • 9 Pages

    It is important to know that marketing research is often done in 2 different ways which are either by Target market ; consumer marketing research and business to business…

    • 2201 Words
    • 9 Pages
    Powerful Essays
  • Powerful Essays

    Krispy Kreme

    • 4660 Words
    • 19 Pages

    We have concluded that these declining sales and profits are effects of Krispy Kreme Australia’s attempts to expand too rapidly and a failure to understand, define and communicate to an appropriate target market. Krispy Kreme will need to reevaluate their marketing strategy in order to combat changing trends and current threats. The recommendations we made for Krispy Kreme are as follows:…

    • 4660 Words
    • 19 Pages
    Powerful Essays
  • Powerful Essays

    The purpose of any market research project is to achieve an increased understanding of the subject matter. With markets throughout the world becoming…

    • 3039 Words
    • 13 Pages
    Powerful Essays
  • Best Essays

    Krispy Kream Background

    • 1407 Words
    • 6 Pages

    Krispy Kreme Doughnuts, Inc. is the parent company of the Kripsy Kreme Doughnuts chain stores. It was established in 1937 and the company is based in Winston-Salem, North Carolina, United States. The founder of the company, Vernon Carver Rudolph began his career with a small retailer business. He started his business by renting spaces for only manufacturing purposes and then sends the donuts to groceries to be sold. He then bought the doughnut shop in Paducah, Kentucky, from a French chef from New Orleans. Vernon received the company’s assets, good will, and the rights to a secret yeast-raised doughnut recipe upon purchasing the company.…

    • 1407 Words
    • 6 Pages
    Best Essays
  • Powerful Essays

    Kkd Case Study

    • 860 Words
    • 4 Pages

    3. It can be indicated that, from the competition prospective of KKD, the doughnut industry was highly fragmented. Even though there were hundreds of regional bakeries that sold doughnuts through supermarkets, retail stores or restaurants, most of them are less brand recognition. What is more, there are large demands of donuts as donuts is one of the most popular snacks for many years.…

    • 860 Words
    • 4 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
  • Satisfactory Essays

    Introduction to Marketing Research, Defining the Marketing Research Problem & Developing an Approach, Research Design, asdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjk…

    • 521 Words
    • 3 Pages
    Satisfactory Essays

Related Topics