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European Eonomis: Report Regarding the Potiential of Lily O'brien's Chocolates to Expand Its Operations Into Eu Markets

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European Economics Bus2 Beverley Burgess Report Regarding the Potiential of Lily O’Brien’s Chocolates to Expand its Operations into EU Markets Introduction Mary Ann O’Brien started making chocolates in her kitchen in 1992 with two pans and a wooden spoon. The only helper she had was her l baby girl, Lily, who became later on with the success of her chocolates the company's name and chief taster. In Co Kildare, they have developed a mouth-watering repertoire of delicious chocolates using the finest ingredients. These chocolates have been created from the passion and pleasure of the makers of these delicious chocolates. Task 1 Analyse the Potential held by EU markets for Lily O’Brien Chocolates. Since starting the company in …show more content…

There would be some options that would need to be considered when developing its operations into the market opportunities identified. The consideration of acquiring smaller companies with a view to expand its manufacturing operations, should be considered as presently manufacturing is solely in Kildare. Overseas facilities located in mainland Europe should be considered as, if European production could be done in mainland Europe, produce could be shipped to connecting countries via train, lorry. It would cut overseas shipping costs and may pay for its self over time. The recruitment of an overseas operations manager should be considered. Mary Ann O’Brien is the overall manager of the company and has plenty of work to look after with operations here in Ireland. With the recruitment of an overseas operations manager, the successful candidate could look after the researching of foreign markets the potential risks and gain local knowledge, disposable income of the European countries of choice. The recruitment of a new sales and marketing manager would be advisable with knowledge and experience in EU markets too. Testing and Market Research should be carried out such being the product at hand is Luxury Chocolates. Taste testing should be conducted to see how popular the chocolate tastes in the selected target countries. There should be an increased marketing

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