Kudler Fine Foods Photography Analysis
VCT 236
September 15, 2013
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Introduction
In order for Kudler Fine Foods to continue being successful, our technology should be constantly updated to keep up with our competitors and stay in line with upgrades. The company must modernize the ways in which consumers identify and differentiate with the Kudler Fine Foods brand. Investing and developing a strong marketing plan using impeccable photography will help increase our retail, online, and direct marketing sales (MindFireInc, 2013). To capitalize on our marketing efforts it is imperative to analyze both the advantages and disadvantages of creating an in-house photography infrastructure versus outsourcing the
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Out-sourcing instead of in-house has more than just legal issues you could run into unwanted results. The legal issues that you may encounter when out-sourcing your photographic needs maybe weak performance, what you pay for may not be what you get. Costs may be misquoted also known as hidden costs and fees. There is definitely a downside of photography done in-house. Employees should have training in use of the specialize equipment needed to produce quality pictures. The budget has to support the cost of hiring a professional as well as purchasing the equipment needed to complete the assignment. Coordinating schedules with the photographer can cause scheduling conflicts and delays in initiating the project.
Equipment and Cost
In-house product photography will provide Kudler Fine Foods with the ability to capture, edit, and format project images using internal resources, equipment, and systems. There are several factors to consider when establishing an in-house photography department. Because our marketing initiative is an ongoing project it will require many product images thus justifying such a lengthy and costly investment (Weilmeier, 2012). We must analyze as well as identify the resources required to develop, finance, implement, and maintain an in-house photography system.
Develop a financial plan to feasibly meet our budget constraints (KMAONE, 2013). In order to maintain an in-house
Kerin, R. A., Hartley, S. W., & Rudelius, W. (2013). Marketing. (11th ed.). New York, New
convey the information to the sales and marketing division to provide an opportunity to plan future marketing strategy. The ability for Kudler Fine Food to expand its business is part of the successful implementation plan with the potential of adding software and hardware as the need arises.
Kudler Fine Foods evaluation and examination of the market trends in the industry in which operates presentation takes special interest in this paper. How market trends play a role in the market structure, effect of new companies entering the market, prices, and technology, productivity, cost structure, price elasticity of demand, competitors, supply, and demand analysis, and effect of government regulations will show in following parts of this presentation.
Kudler Fine Foods has requested a system to launch its new Frequent Shopper Program. This new initiative will track purchase behavior at the individual customer level. Through a partnership with a loyalty points program, Kudler will be able to offer their most valued customers high value incentives. Behavior patterns discovered from tracking purchases will enable Kudler to refine its processes and offerings to customers. Customers prefer Kudler’s Fine Foods because of the high quality foods. Rather than offering discounted prices for loyalty points redemption, Kudler will offer high value gifts to customers. This will promote the
Kudler Fine Foods has experienced growth in all areas except customer satisfaction with their pricing. By focusing on ways to reduce internal costs then product costs can be lowered enough to appease current customers and attract new ones. The culminating effect of this one action will generate an increase in sales, customer returns, and the overall shopping
Video presentations will be presented from the vendor of the NCR RealPOS 30 terminals. The video presentations will examine the use of the terminals and separate video presentations should be available for the cashiers, the management team, and the computer support specialists. The video presentations should cover hands-on use of the terminals depending on the employee and the employees need.
Kudler also has also expressed the desire to make the website easier to maintain. Currently, with the website in its hard coded state, making small changes can turn out to be a fairly difficult. Ultimately, Kudler Fine Foods would like to add additional functionality of allowing users to browse store inventory online and perhaps shop online. However, this does require that Kudler 's current website be redesigned in order to facilitate ease of ongoing maintenance of inventory since the current design, while capable of providing such functionality, would require tremendously more laborious effort to maintain.
• Linda explained her work with Pepperidge Farm cookies and gold fish and how the packaging evolved for each product and what worked and what didn’t with the customer. She also shared about how Pepperidge Farm simplified the logo to be on trend. The reaction from the customer was that by minimalizing the logo felt that they were getting less of a product. Her and her team went back and reworked their ideas.
A budget is essential for a company to succeed. Without these budgets, it is very hard to be able to see where all
Photography in general has come a long way from the first commercially available methods in the early 1800's. Modern technology, combined with the public's growing obsession with food photography, have come together to create the modern style we have today. Here's how food and product photography in Marin County has changed over the years.
Budgeting in a business is important for so many reasons. Business leaders often deal with large amounts of money, and some employees or outsiders might see the organization's revenue as nearly limitless. Regardless of the business cash on hand, though, careful budgeting plays a critical role in any organization's success. Chester & Wayne is a large regional food distribution company and the CEO of the company has asked for some assistance in preparing a budget for their cash flow. With the information provided by CEO, Mr. Wayne, the budget will be carefully planned.
A financial plan is essential for our company in order to pay our employees and be able to purchase materials needed to complete jobs such as fence wire. We must make sure we budget and stay financially afloat. We will invest a portion our gross profits into to the business to expand it. The criteria we base our plan on is the amount of profit we receive. It will be done like this because it is the most influential factor in deciding if the business is running successfully or
Kudler wants to continue growing throughout California with goals of becoming a national gourmet food chain. In order to achieve this, the president and chief operating officer, Kathy Kudler will have to continue expanding in all areas including technology, products, human resources, systems and ideas. She will also have to continue re-investing profits into the company to ensure lasting growth and sustainable cash. The marketing strategies of rewards programs, store demonstrations and incorporating organic products are essential. Kudler also needs to devise additional promotions that will capture the attention of the public. The company will need to hire a marketing consultant who will be able to find ways to attract a broader clientele base and ensure that Kudler 's name is visible within the public domain by increasing awareness
This gain value and addresses a key decisive achievement factor in the industry (Grant,2010). As position is important to offer convenience and a deep assortment, An extra unique intangible resource would be their brand representation and customer loyalty, this is vital since it can attract or attract consumers and it could be necessary to build the brand image .