Marketing Analysis
U10a1
Heidi Ortiz
Hortiz1@capellauniversity.edu
BUS 3030
Fundamentals of Sales and Marketing
September 13, 2011
Company Description Section Cabela’s, the world’s foremost outfitter, offers quality hunting, fishing, camping, and outdoor gear at competitive prices. Their main marketing objective is to be the market leader in this space. Their product offering is vast and includes guns, boats, ATV’s, clothing, footwear, home/cabin supplies, and gear for outdoor hobbies. They have a division of their company that sells what they call “trophy properties,” properties in nature areas where a person can hunt or fish. This part of their marketing mix ties into their focus of selling to the outdoor enthusiast.
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Product Analysis The camping category at Cabela’s encompasses a large variety of products that people use to go camping. These products include everything from tents and sleeping bags to knives and flashlights. The product offering is vast and the consumer has a chance to see the big picture and decide what kind of camping experience they will have based on what they chose to buy and take on their trip. The product mix for the camping category at Cabela’s is impressive. A camper can get everything they need for great adventure at Cabela’s store and/or online. The Web site has a marketing campaign that lets the consumer choose what kind of camping adventure they want to take, backcountry camping, family camping, or day camping. When you click on the type of camping you would like to do, you are directed to product offerings for your choice. The offerings are comprehensive and allow you to plan your camping trip. Being able to see what products available helps the consumer have confidence that they are prepared to go camping. In 2010, Cabela’s net income was $121 million dollars, an increase of 32% over the previous year. By contrast, in 2010 REI’s net income was $30.2 million dollars, an increase of 1.4% from the previous year. The difference in net income is huge with Cabela’s greatly outselling REI. When comparing the product offering from Cabela’s and REI is it clear, each company has a lot to offer. They both break their product offering
Cabela’s will also be tasked with setting up vendor relationships to implement new product lines. The company will need to investigate new advertising mediums and find the most cost-effective means to reach a new, younger target market.
Along with my happy attitude, I will put the best of my cooking abilities to work. I hope to take to camp the things that I learned from a Consumer Science class, including nutrition, preparation, and hygienic conduct. A clean space is key when preparing a meal, so dishes will be squeaky clean, as well as the counters
Some of the retail competitors include Bass Pro Shops, Target, Amazon, The Sports Authority, Dick 's Sporting Goods, Wal-Mart, and many others. Cabela’s was always my go-to for any outdoor activity. The range of products sold was massive just like the store building and floor plan. The unique aspects to Cabela’s attracts customers and viewers.
Today, Bass Pro Shops is a multi-billion dollar enterprise that specializes in sporting and hunting equipment. The company's current position is a far cry from its modest beginnings in 1971 when the company's founder, Johnny Morris began selling fishing lures on just two shelves in his father's liquor store. With fifty-two retail outlets as well as a number of Outdoor World superstores in the United States and Canada, a user-friendly Web site and extensive mail catalog sales, Bass Pro Shops has become a leading sporting and hunting goods in North America today. To determine how the company achieved this impressive growth, this paper provides an analysis of Bass Pro Shop's corporate strategy using Ansoff's Growth Strategies and Porter's generic strategies for growth, the company's market segmentation and marketing mix. Finally, an assessment of appropriate Bass Pro Shop's marketing metrics is followed by a summary of the research and important findings in the conclusion.
Cabela’s Incorporated, touted by many as the outdoorsman’s ‘Disneyland,’ is the largest mail-order, retail and internet outdoor outfitter in the world. Cabela’s is a direct marketer and specialty retailer of hunting, fishing, camping, shooting, and related outdoor recreation merchandise. This giant seller of outdoor sporting goods only operates out of less than 75 stores in more than 30 US states, plus seven stores in Canada. Cabela’s primary competitors are Bass Pro Shops, Gander Mountain, and The Sportsman’s Guide. (Hoovers, 2015) Located mainly in the Midwest, the Cabela’s destination stores include such features as waterfalls, mountain replicas, aquariums, in-store shooting galleries, and banquet and meeting facilities. Cabela 's sells footwear, clothing, and gear for fishing, hunting, camping, and other outdoor activities. Cabela 's also mails more than 132 million catalogs each year, sells magazines and merchandise online, and has an outdoors show on television. Cabela 's was founded in 1961 by chairman Dick Cabela and his younger brother, Jim. (Vault Rankings & Reviews, 2015)
While camping is generally an inexpensive way to spend some time outdoors, the simple meals that follow will can help campers stay to a very minimal budget. It is important for beginner campers to realize that there are many simple meals that can be made without purchasing specialized camping cookware (which can be very expensive!). If you don't have any cookware that can be used over an open fire, check out your local thrift stores for simple cookware that can be used. A frying pan (cast iron is preferable) and pot for boiling water is enough cookware for most camping trips. There are also many foods that can be cooked in aluminum foil alone without the use of any other cookware. Develop meals around the materials that you have and foods that you like to assure an inexpensive trip. Here are some cheap and easy to make meal ideas to get you started. Pancakes make a cheap and easy camping breakfast. A plastic drinking cup with a snap on lid is great for mixing the batter (by shaking the sealed cup) and pouring onto a pan. Instant rice that is made from boiling water is another inexpensive meal starter. Either eaten alone or with meat and vegetables, instant rice is filling and very cheap. Other foods made from boiling or hot water that are inexpensive and can be the basis for cheap camping meals include Ramen Noodles, oatmeal, and instant potatoes. The campfire baked potato is one food that is cheap and easy to make while
Products. John Deere has a wide portfolio of products, with lawn equipment, farming machinery, and construction equipment, as well as consumer products targeting at the enhancing the brand image and social unity of the equipment users and their family. The consumer products include apparels, hats, and boots for men, women, and kids, and a wide range of toys for kids. It also includes household items, party items, school items, and accessories for the equipment and machinery. These are sold through its dealers, John Deere online store, and those of online dealers such as Rungreen.com. In addition, John Deere is widely exposed to the existing market through social networking sites such as Facebook and Twitter, and through educational videos and product demonstration videos on YouTube and blogs. The logo is green and yellow color, signifying agriculture and construction. Businesses buy the products for farming and construction, while families buy them to work their lawn. Consumer motive is functional with utilitarian need, though some consumers might buy the premium products for hedonic reason to satisfy their need for expression.
To begin with, Chris had a clear idea of what he wanted to do and where he wanted to go. While hiking on various trails he brought along a book on leaves and berries that he could eat, a rifle for hunting, a compact tent, and
When you’re out in the woods, literally anything can happen. You can start your camping adventure on a glorious and sunny day, and end up wet and cold from a sudden downpour of rain. Another scenario is when you pack everything on your checklist only to realize you forgot to bring the most important item on your list.
Cabela's family-owned catalog company provides direct competition to Bass Pro Shops because of the amount of their catalog sales (estimated to be about the same as Bass Pro's $1.25B).
Enter a word or phrase for hiking and camping gear to search for directly on eBay. Singular search terms often work better than plural. For example, searching for "tent" may work better than "tents."DO NOT USE QUOTE MARKS IN YOUR SEARCH:Backpacks & Carry BagsBinocularsCamping Cookware & UtensilsCamping Knives & ToolsCarts & WagonsCompasses & GPS DevicesMen's Hiking BootsWomen's Hiking BootsMetal DetectorsSleeping BagsTents & Canopies3-Person Tents on eBayColeman Camping GearFamily TentsHandheld GPS DevicesMotor Scooters, PowersportsNorth Face JacketsWalking and Trekking SticksTop-Selling Beach ChairsTop-Selling BinocularsTop-Selling Firepits and AccessoriesTop-Selling Fleece Wear From The North FaceTop-Selling GrillsTop-Selling HammocksTop-Selling Lawn & Garden StatuesTop-Selling Metal DetectorsTop-Selling Patio FurnitureTop-Selling Canoes, KayaksTop-Selling Beach Chairs & Accessories
General Mills is a company that has strategically developed and growth through mergers and acquisitions. Mergers are the fusion of two companies that join forces to compete in the market. There are two types of merger: Horizontal merger on which the company acquires a competitor and vertical merger, on which the fusion is with a supplier. Acquisitions, on the other hand occurs when a company buys another company and become the property of the buyer. Thorough study of the market has made General Mills maintains a leader position on the food industry through more than 100 years in the market. According to a business encyclopedia, Strategy is a plan a company develops to reach a determine objective and reflects the company’s strength,
The JW Anderson product range consists of menswear, womenswear and unisex garments and accessories. They currently produce six collections annually - two menswear and four womenswear.
GREE, Inc. is a Japanese company, founded in December 2004 with headquarters located in the Roppongi Hills Mori Tower in the district of Roppongi in Tokyo. Gree is a manufacturer of social gaming for different mobile and gaming platforms (Cotton, 2011). In addition, Gree offers a platform for developers at which developers can create new games and market it to the consumers by paying a proportion of their income to Gree (Cotton, 2011).
The right gear, the right protection, and a menu of a healthy variety of foods should be considered when going on a camping trip. You should make sure your personal information is up to date and inform close friends or family of your trip. Bringing the right type of equipment such as flashlights, sleeping bags, emergency kit, protection, using the right and comfortable backpack, wearing the right footwear and clothes, etc. are all essential to enjoying and feeling secured during whole experience.