Preview

Market Research

Powerful Essays
Open Document
Open Document
2556 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Market Research
QUESTIONS
1. Based upon the case study above, discuss whether Beckett Organics is a marketing oriented organization or not. Support your answer by the use of relevant examples from the case. ( 10 marks)
By definition a Marketing Oriented Organisation is an organisation that focuses on meeting the needs and desires of its customer. It attempts to tailor products to meet the demands of the customers. The business starts with the customers, find out what they need, and then produces it for them. The customer is the driving force behind all strategic business decisions of the organisation. The desire of such an organisation is a long relationship and thus long term profitability. The goal is to give the customer long term satisfaction and to do it better than competitors. Marketing oriented organisation believe that people will not buy what they do not want or need, regardless of the price or marketing tactic.
As far as Beckett Organics is concerned we deduced from the case study that this organisation is not a marketing oriented organisation. Beckett Organics does not match the characteristics of marketing oriented organisation as describe above, it is rather a mixture a product and sales oriented organisation.
Below are some arguments that will substantiate above statement:
 Target Market – Middle Class Customers v/s Price of the Vegetables
Most of the customers of Beckett Organics are either old friends or customers who have been loyal to him when he first grew vegetables in his back garden. Customer acquisition is almost inexistent. This is because people living area is middle income earners who prefer to buy cheap instead of buying products which is 40% more expensive.

 Retailer – Supermarkets
The lack of uniformity of the organic products does meet the demands of the supermarkets of the area which is an opportunity for Beckett Organics. Supermarkets look for uniformity in fresh products that aid merchandising but Beckett Organics does meet

You May Also Find These Documents Helpful

  • Better Essays

    M1 Unit 4

    • 3521 Words
    • 15 Pages

    1.2Business can develop new products based on a marketing oriented approach. What benefits and costs are associated with this approach for TEASCO? (Outcome1.2)…

    • 3521 Words
    • 15 Pages
    Better Essays
  • Better Essays

    Weather changes and natural calamities are other major forces which affect this chain of restaurants, organic foods are very depended on various weather conditions. Good weather conditions will lead increased supplies while adverse weather conditions will lead decreased…

    • 910 Words
    • 4 Pages
    Better Essays
  • Good Essays

    Bst1 Task 3

    • 1294 Words
    • 6 Pages

    For this unit’s assignments you will be required to research the marketing activities of organisations. In the first assignment you will need to focus on how marketing techniques are used in two different organisations. You will then look at how market research impacts on the marketing plan of a specific organisation. In the second assignment you will need to look at the development of a coherent…

    • 1294 Words
    • 6 Pages
    Good Essays
  • Good Essays

    Fresh Start Organics

    • 1059 Words
    • 5 Pages

    Fresh Start Organics stand in an OLIGOPOLIC market where they have several consumers and belong in the stringent of small firms…

    • 1059 Words
    • 5 Pages
    Good Essays
  • Powerful Essays

    MBA Capstone: Team Charter

    • 1543 Words
    • 9 Pages

    Our product is a neighborhood market dedicated to organic groceries, education of customers with regard to organic and eco-friendly growing of food, and commitment to organic vendors. Our concept will solve the issue of companies claiming to be organic when they are truly not. Will educate the public with tips and tricks on how to get the best produce from within their own gardening as well. Our solution is unique because while we will also be selling local produce, we also want to strengthen the community to rely more heavily on their own supply as well. The…

    • 1543 Words
    • 9 Pages
    Powerful Essays
  • Satisfactory Essays

    Research showed that “consumers are more health conscious and willing to spend more on organic foods” (Bezawada & Pauwels, 2013). This trend is favorable for the company because it indicates a growing market for organic foods and consumers are willing to pay higher prices for quality and fresh foods. Therefore, the company must capitalize on the increased health conscious in society by promoting and advertising the health benefits of its products to consumers.…

    • 563 Words
    • 3 Pages
    Satisfactory Essays
  • Satisfactory Essays

    The supermarket and grocery store industry is the largest food retail channel in the United States. According to the U.S. Census Bureau, grocery stores accounted for around 90% of the country’s food and beverage store sales. 2016 has been a difficult year for all players in this industry because of increasing in competitive landscape. Organic and natural food players like Whole Foods have had tough time because of the entry to this segment of lower priced and big retailers players such as Walmart or…

    • 85 Words
    • 1 Page
    Satisfactory Essays
  • Better Essays

    Whole Foods Market Case

    • 870 Words
    • 4 Pages

    The demand for organically grown produce and manufactured products using organic ingredients was on the rise. Unfortunately, small natural food stores were unable to stock their shelves with affordable prices.…

    • 870 Words
    • 4 Pages
    Better Essays
  • Powerful Essays

    Daylesford Organic Farm

    • 1600 Words
    • 7 Pages

    However, the concept of organic farming there is a very strong potential for growth within the market. This prediction of growth comes from the trends of the consumers themselves. Consumers today are becoming more and more conscious of the issues that may affect the foods and other products that are served to their families. Healthy eating and lifestyles are just a passing fad as some may have thought, but is a trend that carries significant weight and value in society today. Other points to focus on in the marketing is that organic farming has to…

    • 1600 Words
    • 7 Pages
    Powerful Essays
  • Good Essays

    Whole Foods Markets

    • 1573 Words
    • 7 Pages

    Claiming itself as the “leading retailer of organic foods” Whole Foods Market has staked its claim as the preeminent purveyor of “certified organic” foods with nine major distribution centers and 270 retail locations in North America and the United Kingdom (Whole Foods 1, n.d., para. 9). The aggressive growth strategy that led this small joint venture start-up company to go from 19 employees in 1980 to over 54,000 employees today could be facing greater complexity and challenges as the resource limits of the natural foods market become increasingly strained (Whole Foods 2, n.d., para. 3). To continue such impressive growth, Whole Foods’ strategy must also mitigate the onslaught of new entrants who are directly competing to erode its market share. This competitive environment coupled with product resource limitations and smaller retail outlet expansion opportunities may soon reach critical mass.…

    • 1573 Words
    • 7 Pages
    Good Essays
  • Good Essays

    The primary concern or objective of marketing is to identify and satisfy, or exceed the changing needs of customers. In view of this broad concern of marketing, it can be seen that the concept of marketing summarizes many activities in a business. Marketing, in fact, refers to any activity undertaken by a firm that has been designed to plan, price, promote and distribute ideas, goods and services to target markets. These marketing activities were executed in order to create an exchange and sales that will result in the achievement of the proprietors' individual goals and the firm's goals, both in the short-term and the long-term. It is then obvious that marketing forms an integral component of any business's operations.…

    • 765 Words
    • 3 Pages
    Good Essays
  • Better Essays

    References: Chinnici, G., D’Amico, M. & Pecorino, B. 2002. A multivariate statistical analysis on the consumers of organic products. British Food Journal. 104 (3-5), 187-99.…

    • 1533 Words
    • 7 Pages
    Better Essays
  • Better Essays

    Baud, S. 2007. Singapore Organic Food Market Overview: Queenscliff, DPI Agribusiness Group. Available [http://www.dpi.vic.gov.au/agriculture/investment-trade/market-access-and-competitiveness/markets/singapore] 7 Nov 2011…

    • 2186 Words
    • 9 Pages
    Better Essays
  • Better Essays

    Land Rovers

    • 2379 Words
    • 8 Pages

    “although marketing has basically an strategic conception of the selling activity, we use to distinguish between strategic marketing and operational marketing, depending on long term or short term objectives. Strategic marketing starts in thoughts about current situation of the company and situational analysis and possible evolution of the markets and the environment, with the goal of detecting opportunities which can establish objectives”…

    • 2379 Words
    • 8 Pages
    Better Essays
  • Powerful Essays

    Market Research

    • 2377 Words
    • 10 Pages

    K.Kabilan1, K.Mughilan2, R.Sivaneswari3 Tunku Azizah National Primary School1,2 Bandar Indera Mahkota, Kuantan, Pahang & No.15, Lorong IM 8/34, Taman Mahkota Putra3 Kuantan, Pahang, Malaysia *Email: kabilan2000@hotmail.com Abstract Mineral water has becomes very popular and is a necessity in the present world that we live in. Today, in every part of the world people are using the bottled mineral water widely. The mineral water is produced by various companies using numerous names and brand with approval of the relevant authorities. In this paper, the contents of the five main brands of bottled mineral water namely “ Spritzer”, “Ice Mountain”, “Bleu”, “Select” and “Cactus” as used in Malaysia is analyzed and presented. Comparison is made between these five brands to determine which of these brands is most suitable for daily consumption in term of its advantages in its mineral content to our health. Based on the investigation, it was found that the “Spritzer” brand had greater advantage with an extra mineral called silica which is good for muscle and bones rebuilding. Conversely the other four brands did not have this mineral. A detailed comparison of mineral content of the “Ice Mountain” brand with the other four brands had been made and a conclusion was drawn. This study will benefit the Malaysian society in helping them make an informed decision on choosing the most suitable bottled mineral water for consumption in line with one’s health concerns these days. Keywords: Mineral water, Brand, Minerals, Comparison, Volume 1. Introduction Mineral water is water which has either natural or artificially added minerals. Further, there is also mineral water that is carbonated, a result due to natural processes. Most water has to be processed to reduce its mineral contents, and…

    • 2377 Words
    • 10 Pages
    Powerful Essays

Related Topics