Quite a few dog food manufacturers are smiling all the way to the bank. Why? Well, premium dog food sales are higher than ever. Generally, this is due to the new direction that dog manufacturers are taking in producing their dog food. A lot of the smaller dog food manufactures were the first to take the step to improve dog food by adding real meat and vegetables to the mix. They quickly discovered that pet owner's were eager to open their wallets and pay more for the healthier, premium dog food.
Premium Dog Food
A large number of the pet food companies are going a step further. They are making specialized premium dog food. For example, Colgate/Palmolive is manufacturing a dog food for dogs that are overweight. Purina has a website online that allows pet owners to go there and create their own dog food blends. Some manufacturers are even producing premium dog food that mimics the foods consumed by the pet owners. Statistics show that the new ideas
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Beneful is a leading producer of quality dog food in this country and around the world. Beneful products are made with healthy and very nutritious ingredients that dog owners prefer for their pets. Beneful really does care about your pet and providing them with nutritional, premium quality dog food.
Beneful goes the extra step to make sure that the quality is the highest possible. In fact, their quality control is one of the best in the industry. Their innovative tracking system follows the products through production. Thus, making sure that every product receives the best care through the production process. All the suppliers for Beneful pet food must might their very high and strict processing standards to ensure that only the best is used in the production process. It is also interesting to note that some dog foods are produced and manufactured in foreign lands. However, Beneful is produced right in the United
3.Top five companies – Nestlé Purina PetCare, Iams, Hill’s Pet Nutrition, MasterFoods USA, and Del Monte – accounted for ≈ 75% of dog food sales in 2008.
The Smackey Dog Food, Inc. is a family owned business. It was started by three sisters, Sarah, Kim and Jillian, in the kitchen of their home. They lived in a suburban area of Chicago, Illinois. Their business is making all natural dog food. After using their own dogs and the neighbor’s dogs as test subjects, it was discovered by local vets, pet stores and grocery stores. These local places began to distribute the dog food. The demand for their food began to increase and they moved their business to a larger facility and hired additional workers. As compared to competitors, Smackey Dog Food, Inc., began to rise
As this was Keller’s first audit on a dog Foods company, additional research was conducted to gain insight on some the most common risks that occur in the dog Foods industry. The audit team also went to visit the client prior to the audit to gain a clear understanding on how their business works. The audit team consisted of the audit manager Pete, and two audit staffers Maureen and Ben.
Private label dog food brands account for about 9%. Breeder’s Own Pet Food, Inc has an opportunity to educate the consumer with their new product. Right now the consumer only has three choices of dog foods, dry, canned, and treats. 95% of dog owner’s feeder their dog’s dry food in the course of a year. Nestle’ Purina One is a brand leader in this category. About 1 in 3 dog owners feed their dogs canned food during the course of a year. Pedigree is a brand leader in this category. Almost 80% of dog owners feed their dogs treats. Milkbone is the brand leader in this category. 1 in 10 dog owners buy frozen or refrigerated dog food on a regular basis. 15% are interested, but do not currently buy it due to lack of availability and convenience.
Dog food ingredients are very important because the substances that dogs ingest are what control their normal routine. If a dog is eating food that is healthy and full of nutrients, then they are most likely going to be very active and happy. In contrast, if a dog is receiving ingredients that are harmful or contain toxins, then they are probably going to be lethargic and ill-tempered. Everything a dog is eating is going to impact their longevity in
Breeder’s Own Pet Foods, Inc. proposes to adopt a market penetration strategy due to having identified a growth opportunity in the dog food market, for its nutritionally balanced, high quality dog food brand, Breeder’s Mix. This premium product has been sold traditionally, to the show dog kennel market, but company executives are now convinced it can be repackaged and offered as a frozen premium product, to picky pet owners via general retail distribution channels. Since the product is considered premium, it should fetch premium prices because of its ingredients and its claimed benefits to
There are three main categories of dog food: dry, canned and treats. In 2011 the sales of dog food totaled somewhere in the arena of 14 billion dollars. Endeavoring to bring new dog food to an already established market can be a “daunting” task, especially when that particular dog food is frozen. Breeder’s Own Pet Foods as a whole has realized how diverse the dog food market is; however, brokers within this conglomerate believe that the true organic potential of this marketplace has yet to be “tapped” into effectively. With an ever-changing push toward becoming
Positioned to be perceived by buyer as the only dog food that they would want to purchase for a dog that is considered part of the family
|Weaknesses: • Lack of availability in all stores • Lack of appeal to consumers due to thawing time / freezer space (convenience) • Lack of appeal to supermarkets due freezer location • Lack of brand equity in retail market • Premium price | Threats: • Store Location - Consumer must be educated to find product in different area of store • Saturated market – sales top 14 million in 2011. Dog food is also heavily advertised, so the challenge is to entice the consumer to buy Breeder’s Mix. • Competition - 5 major brand name dog food companies dominate market with 75% of US dog food sales • Challenge to get supermarkets to give up valuable freezer space for dog food |Evaluation of AlternativesBreeder’s Own Pet Foods product development strategy should be evaluated. Currently only 1 out of 10 dog owners regularly buy frozen or refrigerated dog food and ¾ of those surveyed expressed no interest in purchasing frozen dog food (Kerin and Peterson, 2013). This indicates that there is a limited market for dog owners who would be interested in a product such as Breeder’s Mix. Research does suggest however that frozen dog food dollar volume is increasing annually indicating there is a strong opportunity for Breeder’s Own to be the first to tap into the frozen dog food market in the Boston area. Breeder’s Own Dog Foods needs a strong marketing campaign to convince consumers their brand is superior to
After careful review of each of the elements in launching this product, the following analysis can be determined. Zenith has to answer a specific series of questions in order to decide if their product of Show Circuit dog food will be a viable product. The market was in fact correctly segmented, although Zenith needs to see the shopping behavior of those willing to spend more on pet food. Marketing in a supermarket could inhibit the potential growth of the product. Because the market is already segmented and offered such a variety of dog foods, Zenith will have to market the product correctly and focus in on the benefits to be successful. Show Circuit needs to seek a position of a higher quality product in a different, more convenient location. It is important to play up how the location is a benefit rather than a detriment. This goes along with the sales program being successful. Show
There are all different types of dog foods that are out there. This big name dog food had the ability to climb up the ladder of the dog food market. On every shelf next to all of the other big named brands, this dog food brand has earned the respect and loyalty from customers all over the globe. Beneful Dog Food Coupons are out there all over the internet. No need to spend all of your hard earned money on an expensive dog food brand. Save cash and use Beneful Dog Food Coupons today.
The reason dogs have become domesticated was the synergy between humans and the wolves who were the ancestors of modern dogs. Dogs were attracted to humans by scavenging their left over food and the humans liked the dogs protecting the human settlements with their warning barks and fending off other predators with their constant presence. This meant the dogs natural diet of raw food was changed over the years and adapted to include cooked food left over from human consumption. This means that dogs who were essentially carnivores were eating the same food as humans, who were essentially omnivores. It is only since the late 1800′s that commercial dog food has been available, and not until the 1950′s did it become popular. It is also in the same
Purina has been manufacturing Purina dog food of high quality and reasonable price since 1893. So the company has a rich history of developing and adopting best methods and technologies and surely can produce premium dog food.
Ensuring your dog eats well can sometimes feel like resigning yourself to a bank balance that never reaches more than double digits at any one time. While finding healthy dog food on the cheap is a challenge, it isn’t, despite what you may have experienced, impossible. Today, we’re going to be looking at some of our favorite cheap dog foods so you’ll never again have to eat budget instant noodles for your dog to enjoy a five-star meal.
As a start-up company, Caninantics will largely benefit from conducting marketing research that will support its marketing strategy. The pet food industry has experienced tremendous growth and profitability in the recent past because of Americans constant love for animals and dogs. It is a competitive market that is characterized by numerous attempts by brands to differentiate themselves from other competitors. For individuals who own cats and dogs, the industry or market generates a staple product. Dog owners tend to prefer cheaper dry pet food because wet pet food is relatively expensive.