Preview

Yankee Candle Essay

Satisfactory Essays
Open Document
Open Document
308 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Yankee Candle Essay
Case 7

1. What kind of strategy would small businesses like these candlemakers choose when competing with a mass-market competitor like Yankee candle?

I think they should use the Focus Strategy.

Why that approach?
Just focus on the group of people you are targeting not on all consumers. Yankee Candles will promote and target both men and female with all their scents. So if you only carry scents for men then I would target women, men, children, etc. who are buying an unique gift for man in their life.

2. How could Yankee Candle’s getting into the business actually help the smaller competitors?

They can help the smaller competitors by promoting or advertising men scent in candles which in turn would give the consumer

You May Also Find These Documents Helpful

  • Good Essays

    Kudler Market Structure

    • 1203 Words
    • 5 Pages

    By use of the intranet website of the company there was tools and resources available to make an accurate picture of the company. Thus allow identification of the company’s strengths and weaknesses. The strengths of the company allows the company to sustain itself in the marketplace. However the company’s weaknesses imposes threats to the company to remain a leader in its current region. The company is an oligopoly market structure, because there are only a handful of similar stores that offer same products and services in its area. If the company imposes the recommendations, the company will be able to take a substantial lead in the market, and also began an adventure to become nationally known and become a profitable franchised…

    • 1203 Words
    • 5 Pages
    Good Essays
  • Good Essays

    Nundies Case

    • 795 Words
    • 4 Pages

    They can branch out and sell the product in stores that are more price friendly.…

    • 795 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Every firm’s marketers must develop an effective strategy for dealing with the competitive environment. A company may position its product or service with an eye towards its ability to sustain that position (Hooley and Greenley, 2005). The most direct competition occurs among marketers of similar products. The indirect competition involves products that can be easily substituted. One company may compete in a broad range of markets in many areas of the world. Another company may specialize in a particular market segment like geographic location, age, or income characteristics. Marketers must make product pricing, distribution, and promotional decisions that give the firm a competitive advantage in the marketplace. The overall health of the economy determines how much a consumer is willing to spend on a particular product.…

    • 769 Words
    • 4 Pages
    Good Essays
  • Satisfactory Essays

    What competitive strategies would you recommend for Kudler Fine Foods? Explain your answer. Identify real-world organizations…

    • 508 Words
    • 3 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Assesment 3

    • 436 Words
    • 1 Page

    3. Describe at least 3 nonprice competition strategies a company could use to convince customers that its product is better than other similar products. Why would those strategies matter to customers? Packaging, advertising and labels on a product will give the customer all the information it needs to know about the product and can convince them to buy it.…

    • 436 Words
    • 1 Page
    Satisfactory Essays
  • Good Essays

    First Song: “Moonlight in Vermont” uses a bass, drums, piano, guitar, and saxophone. The song has a slow tempo and a relaxed sound. The bass, drums, and piano keep the rhythm while the saxophone and guitar play melodies both separately and layered. The guitar, saxophone, and bass play an improvised solo. The improvisations are simple and blend well with the slow tempo. The soft and light tone from the guitar and saxophone are what help to classify this song as cool jazz. This song has some classical influences as well and can be detected by the layering of melodies.…

    • 690 Words
    • 3 Pages
    Good Essays
  • Better Essays

    MIS course

    • 1197 Words
    • 5 Pages

    owner of small-town computer, a new, local computer repair store that also builds custom computers to order. What competitive strategies would you advise small-town…

    • 1197 Words
    • 5 Pages
    Better Essays
  • Good Essays

    the novel Little Scarlet by Walter Mosley, the protagonist faces inner-conflict when he is chosen to lead an investigation for the LAPD. The author makes the conflict real for the reader through imagery and allusion. The racial tensions between the people in L.A. throughout the book are truly real and able to be experienced. Walter Mosley uses these tangible literary devices to show the reader the heartfelt pain that the main character, Easy Rawlins, feels, and in the same way smoothly resolves Easy's inner conflict. He feels that by proving the innocence of a white man, and taking time away from his family he is doing a wrong thing, but when he comes to think about it he feels that by helping the police he is working for a just cause.…

    • 677 Words
    • 3 Pages
    Good Essays
  • Better Essays

    In “A Connecticut Yankee In King Arthur’s Court”, after being hit in the head, Hank Morgan, the main character, moves back through time twelve centuries. In the novel, Hank Morgan journeys to sixth-century England to enlighten Arthurian society with the advancements of his era. Hank’s conjuring of scientific advancements, although a major theme of the novel, becomes greatly mocked by twain. In many instances throughout the novel, Twain lampoons Hank’s love for nineteenth-century ideas. Hank brings advancements and improvements such as soap, man-factories, and Guns with the intention of creating an ideal society that will benefit all peoples of the kingdom. In “A Connecticut Yankee In King Arthur’s Court”, Twain pokes fun at Hank’s attempt to use technological advancements, improvements, and political ideas in the sixth-- in order to produce a utopia.…

    • 966 Words
    • 4 Pages
    Better Essays
  • Good Essays

    The Lady of the Angels fire was the worst school fire from Illinois history. This fire taught other schools in the future how to prepare for fires, and what is not safe to have in a school in the event of a fire. The fire killed many children and nuns in just two hours.…

    • 623 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    * AIRLINES, because it is the most important transportation at YVR, if the airport and airlines do not work together, the service offered will not be satisfactory, and then they would lose their customers and have a drop in profit.…

    • 303 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Yankee Candle Company

    • 1444 Words
    • 6 Pages

    Yankee Candle Company is the largest manufacturer of scented candles. The first store was first opened in 1975. Yankee Candle Company sells an array of products including scented candles, air and room fresheners, room sprays and lip balm. Yankee Candle Company has over 100 different scents in many various sizes. This spring Yankee Candle Company is introducing a new line of fragrances. The Spring into Action is a campaign that’s purpose is to help strengthen the brand Yankee Candle Company, promote the new spring line, and increase revenue by 4 percent from last year. Spring into Action is designed to reach our target audience in a clear, friendly way, so that Yankee Candle Company increases sales.…

    • 1444 Words
    • 6 Pages
    Powerful Essays
  • Powerful Essays

    An extremely competitive business is to sell consumer products, be it a car, deodorant, perfume, or jeans. Consequently, we…

    • 1160 Words
    • 5 Pages
    Powerful Essays
  • Powerful Essays

    Wuthering Heights Essay

    • 2590 Words
    • 11 Pages

    “He'll love and hate, equally under cover, and esteem it a species of impertinence to be loved and hated again...” (Brontë, 2). This quote describes the actions taken by Heathcliff throughout the novel, while he undergoes a transformation from a true and romantic lover to a cruel and uncaring hater. Although he may appear to be selfless and simply a man deeply in love, his actions involving jealousy, hatred, abuse, and vengeance cause him to breakdown and alter his love for Catherine into a burning and passionate vengeance against all who have got in the way of his love for her. In Emily Brontë's novel, Wuthering Heights, she uses her character Heathcliff to show what occurs when true love is transformed and warped into nothing but obsession and pure lust.…

    • 2590 Words
    • 11 Pages
    Powerful Essays
  • Satisfactory Essays

    project

    • 3763 Words
    • 20 Pages

    An analysis of the Chinese fireworks industry revealed that most competitive fireworks manufacturers compete against each other in the same distribution channels. Small local workshops have a pricing advantage when selling to local whoesalers because of their use of lower quality materials, but larger manufacturers are also major suppliers to local wholesalers. Fewer small workshops sell to local governments accepting bids for large display fireworks or foreign importers and merchants, but almost all medium to larger sized manufacturers compete in these channels. As a result, each market segment is overcrowded with sets of primary competitors finding themselves locked into head-to-head competition within their own niche and only peripheral competition outside it. Each competitor offers deep discounts to gain market share and sales while constantly reanalyzing to determine constant repositioning opportunities. This conclusion is derived from a _______________ analysis. Selected Answer: c.…

    • 3763 Words
    • 20 Pages
    Satisfactory Essays