Andrea Torres is the director of new product development at Montreaux Chocolate USA. She is in charge of delivering a comprehensive presentation to the Board of the company regarding her and her team’s research and findings about the purchase of the rights to distribute Monteaux’s European chocolate in the US‚ as a way to increase the company’s market share in pursuit of the upscale market segments. There are three main options she is considering and needs to be able to make recommendation as to
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“Rogers Chocolates” Introduction Premium Chocolates are like Imported Roses which not consider necessities for one life. People love to have or get one of those products. However‚ if there isn’t a special occasion or surplus cash‚ some people will not buy that unnecessary stuff. In Canada‚ premium chocolates were growing at 20 percent annually and the Canadian market size for Chocolates was US$ 167 million in 2006. An attractive growth from premium chocolates makes the current player like
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Rogers’ Chocolate is on a mission to have the company double or triple its size within 10 years. An analysis will be performed to figure out a strategic plan where Rogers’ Chocolate will be able to grow‚ and maintain their image of providing premium chocolates. The issue facing Rogers’ Chocolate is how they will be able to gain new customers and sustain their current customers. To give a thorough analysis‚ I will identify and explain the strategic issue‚ present the results of the analysis‚ and present
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the “mass” marketing strategy to “target” marketing strategy (Kotler et al‚ 2011). In order to generate the accurate marketing strategies‚ the STP process‚ meaning as segmentation‚ targeting‚ and positioning‚ can be argued as a most suitable and important tool for the organizations to better determine the market need to concentrated and also developing successful marketing strategy to achieve their goals. In this report‚ the author aims to explore the successful story of KitKat chocolate bar and its
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Like Water for Chocolate is Laura Esquivel’s original romantic love story and is often dubbed as the “Mexican Romeo and Juliet.” In just 246 pages‚ Esquivel created a breathtaking work of art‚ strategically incorporating love‚ desire‚ nurture‚ and feminism. Like Water for Chocolate is famously known for its magical realism. Esquivel uses magical realism to justify the perception of the novel and to make extraordinary concepts seem normal. It is basically the glue that holds the book together. The
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Chocolate Company and Comparison Name of the Writer Nam of the Institution Chocolate Company and Comparison Introduction Francois and Maggie Doucet established their bakery in the heart of Provence Orazona. Here there was last operating factory for the processing of almonds‚ which has been converted into a confectioners shop. At the time‚ they the only product of olive almond praline was made‚ the recipe of which was able to restore and improve its ancient way of cooking. For three centuries ago
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Divine Chocolate Limited (Day Chocolate Company) Analysis of a fair brand Course: International Marketing Tutor: Laura van de Stroet Date: 1st March 2013 Divine Chocolate – A Strong Brand The Divine Chocolate Limited has established a strong brand name since their foundation 14 years ago. Between 1999 and 2012 sales of Divine Chocolate have increased significantly. What is it that has given the Divine Chocolate brand the power that it has today and what
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CONSUMER MARKETS The chocolate of tomorrow What today’s market can tell us about the future June 2012 kpmg.com R evenues from the chocolate industry continue to prove rewarding‚ with 2011 figures from IBISWorld predicting annualized growth of around 2% over the next five years‚ after dampened expectations during the dark days of 2007-09. But behind the encouraging headlines‚ many companies are battling to stay on top of a rapidly shifting marketplace. Taste is diverging‚ as fast-growing
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CHOCOLATE INDUSTRY IN UK CADBURY‚ UK The Chocolate industry in the UK has been facing many challenges in recent times. The escalation of prices of the main ingrediants such as cocoa‚ milk and sugar has forced companies to increase prices. Customers showed resistance to higher prices which prompted brands such as Cadbury & Masterfoods (Galaxy) to reduce packaging sizes. Concerns among the public regarding obesity has also led chocolate companies to bring out smaller sizes of chocolate.
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to produce sweet chocolate as a coating for his caramels. Located in Lancaster‚ Pennsylvania‚ the new enterprise was named the Hershey Chocolate Company. In 1900‚ the company began producing milk chocolate in bars‚ wafers and other shapes. With mass production‚ Hershey was able to lower the per-unit cost and make milk chocolate‚ once a luxury item for the wealthy‚ affordable to all. A company on the move. The immediate success of Hershey’s low-cost‚ high-quality milk chocolate soon caused the company’s
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