Vaz‚ Badr Algharairi Yan Fang Violet Amoabeng What are Dippin’ Dots? Dippin’ Dots are tiny beads of ice cream‚ yoghurt‚ sherbet and flavored ice. Microbiologist Curt Jones used his background in cryogenic technology to invent Dippin’ Dots in 1988. His invention is now considered the unique‚ futuristic and fun way to eat ice cream! Dippin’ Dots Inc. is a PRIVATE company. How Are Dippin’ Dots Made? Dippin’ Dots are beads of cryogenically frozen ice cream. They use a combination
Premium Ice cream Management Strategic management
Kristina Pietrosanti Case Study Analysis- Dippin’ Dots Ice Cream Summary and Recommendation: Dippin’ Dots is a very well known brand that has done very well since its first introduction into the ice cream industry. In order to expand‚ they need to be able to have an introduction of a take-home line of ice cream. Background Facts: Dippin’ Dots are known for their “ice cream of the future.” Dippin’ Dots are BB size pellets of flash frozen ice cream‚ frozen with liquid nitrogen‚ which locks
Premium Ice cream
CASE ANALYSIS – Dippin’ Dots Ice Cream I. Key issues and problems • Soaring operating costs and plummeting sales • Competition from copycat products (loss of patent) • International shipping storage problems • Retail storage problems – convenience factor • Lack of new growth opportunities in product lines II. Analysis of external environment General environment • Technological – better storage system at retail locations‚ • Economic
Premium Ice cream Marketing Vending machine
Dippin’ Dots Since its birth in 1988‚ Dippin’ Dots has used its patented flash-freezing technology to sell fresh‚ flavorful ice cream‚ accumulating $45 million in annual sales. Dippin’ Dots is a small company in the ice cream business‚ competing with such giants as Nestle and Unilever by offering a novel product primarily for out-of-home consumption. Dippin’ Dots must solidify its position in the ice cream business by developing and promoting its niche market status in order to maintain market
Premium Ice cream Marketing
1. Analysis of the external environment in which the company operates Dippin’ dots‚ the company operates in a highly competitive ice cream market‚ one which is characterised by so many rivals producing very similar products‚ with big names like Nestle of Switzerland and Unilever PLC of London and Rotterdam. But dippin’ dots‚ however‚ has managed to differentiate their products distinctively from what is being offered in the market. Its method of production highly favours mass production and storage
Premium Marketing Ice cream United States
Amber Rivers Holmbeck Dippin’ Dots – With Less Dots Dippin’ Dots was founded in 1988‚ and for almost 20 years it has been affectionately known as “the ice cream of the future.” In the face of soaring operating costs and plummeting sales though‚ Dippin’ Dots has been faced with considerable losses in the number of franchises operating‚ with only 420 in 2008‚ 215 less than in 2005. Dippin’ Dots has continued to slide down the Entrepreneurs Top Franchises List as well. Dippin’ Dots are BB size pellets
Premium Ice cream
Porter five forces analysis From Wikipedia‚ the free encyclopedia A graphical representation of Porter’s Five Forces Porter five forces analysis is a framework for industry analysis and business strategy development. It draws upon industrial organization (IO) economics to derive five forces that determine the competitive intensity and therefore attractiveness of a market. Attractiveness in this context refers to the overall industry profitability. An "unattractive" industry is one in which the
Premium Strategic management Porter five forces analysis Management
years Dippin’ Dots has commonly been referred to as “the ice cream of the future.” As a result of soaring operating costs and plummeting sales‚ Dippin’ Dots has endured substantial losses in their number of operating franchises. Dippin’ Dots flourished for many years as a unique segment of the ice cream market‚ targeting the out of home demographic‚ mainly focusing operations in busy areas like amusement parks‚ theatres and stadiums. Now facing increasingly dangerous competition‚ Dippin’ Dots must
Premium Ice cream
Running head: PORTER’S STRATEGIC FRAMEWORK Porter Five Forces Analysis Managerial Economics – MBA 500 Instructor: Professor Franklin By: LaTonya Perryman Submitted in partial fulfillment of the requirements for the degree of Master of Business Administration Concordia University Wisconsin November 1‚ 2011 Table of Contents Introduction……………………………………………………………………………3 Michael Porter’s Strategic Framework…...……………..……………………..………3 The Long-run Efficiency Implications of an Oligopoly……………………………
Premium Economics Monopoly Perfect competition
Porter Five Forces Analysis STRUCTURE AND REMAIN CONCEPTS: The threat of the entry of new competitors Profitable markets that yield high returns will attract new firms. This results in many new entrants‚ which eventually will decrease profitability for all firms in the industry. Unless the entry of new firms can be blocked by incumbents‚ the abnormal profit rate will tend towards zero (perfect competition). The existence of barriers to entry (patents‚ rights‚ etc.) The most attractive segment
Premium Strategic management Porter five forces analysis Management