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Your Questions About Niche Marketing Strategy


Laura asks…

what are the channels of distribution of perdue farms inc.?

1.Perdue Farms, Inc., has been a privately held family owned company since 1920. Over the years Perdue has become vertically integrated in order to be more competitive and maintain financial stability. Perdue’s objective is to be the leader in broiler and related poultry products in the industry. They strive to maintain quality and constantly improve efficiency and service, both today and in the future.
Perdue Farms Inc. has a mission to provide the highest quality poultry and poultry related products to retail and food service customers. They want to be the recognized industry leader in quality and service, providing more than expected from their customers, associates, and owners. They will accomplish this by maintaining a tradition of pride in their products, growth through innovation, integrity in the management of their business, and commitment to Team Management and the Quality improvement process.
Perdue’s overall mission is strong but a strategy for long term growth and market development needs to be reviewed and evaluated.
2.Perdue Farms Inc. has numerous external opportunities and threats. The external opportunities that effect Perdue are as follows;
•To broadly diversify and have greater market share, domestically and internationally
•To increase marketing of healthy image products that envelops a strong niche market.
•To ship via plane, to maintain fresh not frozen broilers and increase market share and penetration.
•Develop new markets in the Upper Mid-west to increase market share.
•Increase sales of food service chicken and turkey from 20% of overall sales to 30% due to a strong 12% growth rate.
•To expand the international grain and oilseed market
•With an increase push on health in 1994, chicken sales are up over red meat sales.
•Average annual consumption of chicken is up to 80lbs/person/year, an all time high.
The external threats are as follows:
•Most of the competition sells frozen products for less money.
•Perdue’s cost to raise chickens is above the national average.
•Growth rate in chicken sales is only 5% due to lack of frozen line.
•Over capacity of chickens has reduced wholesale prices, which reduces profit margins.
•Competition is strong in broiler industry with 53 competitors.
•Untapped markets in the Upper Mid- west need to be explored.
1.The Perdue Farms, Co. has internal strengths and weaknesses that need to be addressed and evaluated; The strengths are as follows;
•Perdue is vertically integrated which means that they produce the chickens, they breed, hatch the eggs, they select the growers, build Perdue chicken houses, formulate and manufacture their feed, oversee care and feeding, operate their own processing plants, distribute via truck and marketing. They now also sell what used to be waste, such as the chicken feet that is sold to the Orient as a delicacy.
•Privately held firm
•Technologically advanced, ex.,20% more breast meat than the competition
•Birds are fed organically and not feed additives.
•Sell both raw and pre-cooked chickens and turkeys.
•Good compensation package to the workers.
•Non-union company.
•MIS efficient and essential to operating the business.
•Good variety from fresh oven stuffer roasters, cooked prepared foods, cutlets, tenders, Fit n easy and much more.
•Good TQM with mission and vision
•Excellent R&D for better meat to bone ratios.
•Keep overhead low, quality up
•Great diverse product line that has changed with consumer changes.
•Horizontal diversification when they bought Showell Farms, which made them the third largest producer in the broiler industry.
•Great social responsibility, code of ethics
•Environmentally concerned about waste and prevention
•Strong effective marketing
The weaknesses in the Perdue Farm, Inc. case are as follows;
•They only sell fresh not frozen chickens
•Deliveries are only made by truck so the radius to overnight chickens is limited.
•Lack of long-term planning for future changes
4) I would suggest a strategy that Perdue would focus on maintaining their quality and efficiency along with plans for extensive market development. I would like to see them expand into the Upper mid-west before other markets gain strong holds and market share. If Perdue plans on maintaining their place in the market they need to expand and continue to diversify their products to attract niche markets and stay ahead of the competition.
According to Porter’s generic strategies, he points out that in order to gain the competitive advantage companies need to draw from three bases: cost leadership, differentiation, and focus.
In my study of Perdue, I feel that they are a differentiation and focus orientated company. First, I see Perdue as a leader in quality and efficiency but not a cost leader. Cost leadership implies that you strive to be the low-cost producer in your particular industry. This is to the contrary for Perdue; they have marketed in a way to make the consumer pay a little more for a better product. In fact, this did not happen by accident. Perdue did not want to be known as the cheapest but to be the best quality for the consumer, at a fair price. What Perdue does take from cost leadership is that they are highly efficient, low overhead, their intolerance to waste, broad span of control, rewards linked to efficiency and cost cutting measures and open lines of communication between workers and upper management. Perdue’s successful strategy of horizontal integration to gain competitive advantage was to purchase Showell Farms which made Perdue the third largest broiler company in the United States.
I see Perdue as being highly successful with differentiation, which implies that they produce products, and services that are considered unique, industry wide and directed at consumers who are relatively price-in-sensitive. Perdue has ongoing product development, which states that they seek to increase sales by improving, or modifying present products or services. Perdue has been an industry leader with constant attention paid to consumer wants and needs. They watch trends such as fitness and weight consciousness, by introducing the Fit n Easy line that markets skinless and boneless chicken parts with nutritional information and recipes. Perdue also followed the trend of the working family and began to market prepared foods, which has done extremely well. Prepared foods such as pre-cooked chickens, turkeys, parts, nuggets, and the like sell easily to working families.
Finally, I see Perdue’s strongest strategy according to Porter is focus. Perdue has wonderful R&D that constantly follows market trends and changes that will be beneficial to their growth. Perdue has never forgotten where they came from and this is what makes them strong. Focus allows them to change with the times and not become over diversified where they overlook their cash cows and forget to nurture their stars. Perdue knows that quality and efficiency are at the heart of their operation and do not stray from that. Their innovation and integrity to be the leader has brought them customer loyalty and appreciation for quality where price is not the number one factor.
Perdue’s ability to focus on strong team management has allowed them to penetrate and develop new markets with ease. Perdue has a high penetration of advertising on TV and print along with opening up new territories to further expand their market share. Their vision has been a good guide and has led them to a very successful value chain. Perdue’s attention to detail in every aspect of the business has been proven successful and the financial status of the company reflects it.
Today, Perdue, is further expanding with new acquisitions and product lines. Their innovative thinking and drive to be the leader shows in all they do. In 1997 they started marketing their Café Perdue line and have seen slow, with steady success. Perdue’s prepared foods are selling incredibly well with the American family on the run. As of September 1998, Perdue made a new acquisition, toward horizontal integration, with GOL-PAK, a competitor in the foodservice and prepared foods business. The new relationship will further enhance Perdue’s prepared food and foodservice business. GOL-PAK specialized in the development and production of products primarily for the foodservice industry with a list including the top 100 chain restaurants. Perdue sees this as a significant purchase to enhance their reputation and make them strong contenders in the prepared food and foodservice industry.
CEO, Jim Perdue, feels that they are well positioned in the market place and continued growth along with R&D will help them to maintain quality and efficiency, along with strong market penetration and market share.

Tom answers:

Did you really think anyone here would take the time to read all that to answer what’s obviously a homework problem?

Sharon asks…

Authority Summit?

Authority Summit – Las Vegas, Nevada USA, September 8th-9th, 2007 This Summit is geared toward presenting the most cutting-edge training available today from the top authority site publishing and marketing experts in the industry. Attendees will learn only what is working right now for top SEO, publishing, traffic driving, business building, and Web 2.0 marketing strategies. All expert speakers will present fresh, new information and tactics geared 100% toward building a true authority presence online to drive up traffic and profits in any niche. A true workshop atmosphere where learning and application is the foremost goal of the Summit.

http://www.squidoo.com/brent33ralph

Tom answers:

Link Building

http://www.linkbuildingstrategy.com

http://www.qualitybacklinks.com

Directory Submissions

http://www.manualwebsitesubmission.com

Article Distribution

http://www.articlecirculation.com

http://www.manualarticlesubmission.com

SEO Employment Sites
Where people can buy and sell SEO Services

http://www.philippinesoffshoring.com

http://www.seoemployment.com

Full Time Webmaster Message Boards

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Affiliate Programs Monetization
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Robert asks…

Can someone please give me advise on correcting my cover letter, Whats missing? What needs to be taken out?

Don’t look any further, the person you need for the job is right here!
Marketing Management & Sales, Current graduate with an Associate degree, I would be the perfect attribute for new business Ideas, and marketing strategies. I am currently seeking a full time position within a company that will allow me to utilize my current skills, and enhance my knowledge as I continue to pursue my education.
I am currently enrolled in a Business Management bachelor degree program where I have truly found my niche in a field I am passionate about. I hope to one day come closer to my dream of becoming a major tycoon in corporate America.
I am seeking a position where I can plant my feet and work my way to the top within a company where I can see my progress through advancement. Choosing me means strong communication skills, leadership, and the aptitude to work well under pressure. I bring the determination and drive to excel. If given the opportunity, I plan to prove to my peers, as well as management team that I am the perfect asset: a go-getter who is reliable, pleasant, encouraging, and loyal.
Lastly, I have enclosed a copy of my resume; feel free to revise so that you can see I meet all of these qualifications and more you’re looking for.
I would very much like to discuss opportunities, to schedule an interview, please call me at xxx-xxx-xxxx. The best time to reach me is between 9:00am and 6:00pm., but you can leave a voice message at any time, and I will return your call.
Thank you for taking the time to review my resume. I look forward to talking with you.
Sincerely,

Tom answers:

A cover letter should be short and sweet, 2 -5 sentences at the most. Simply state what you job you are applying for and why, your resume will do the rest. A resume is a summary of your education, skills, work experience and how to contact you. You do not want your cover letter to summarize your summary and waste your potential employer’s time.

I would remove any sentence that tells your potential employer what he /she should do like “Don’t look any further….” and “…feel free to revise…” (I don’t know what that is supposed to mean anyway.)

Take out the sentence about your dream of becoming a tycoon. It is vague and the word tycoon often carries a negative connotation.

With the exception of the two things mentioned above, your first two paragraphs are pretty good. I would eliminate the rest of the letter starting from “I hope to one day come closer to my dream….”

I sorry if my advice sounds harsh but I believe it will help. Good luck.

Jenny asks…

Help Correcting my cover letter?

Don’t look any further, the person you need for the job is right here!
Marketing Management & Sales, Current graduate with an Associate degree, I would be the perfect attribute for new business Ideas, and marketing strategies. I am currently seeking a full time position within a company that will allow me to utilize my current skills, and enhance my knowledge as I continue to pursue my education.
I am currently enrolled in a Business Management bachelor degree program where I have truly found my niche in a field I am passionate about. I hope to one day come closer to my dream of becoming a major tycoon in corporate America.
I am seeking a position where I can plant my feet and work my way to the top within a company where I can see my progress through advancement. Choosing me means strong communication skills, leadership, and the aptitude to work well under pressure. I bring the determination and drive to excel. If given the opportunity, I plan to prove to my peers, as well as management team that I am the perfect asset: a go-getter who is reliable, pleasant, encouraging, and loyal.
Lastly, I have enclosed a copy of my resume; feel free to revise so that you can see I meet all of these qualifications and more you’re looking for.
I would very much like to discuss opportunities, to schedule an interview, please call me at 123-456-7899. The best time to reach me is between 9:00am and 6:00pm., but you can leave a voice message at any time, and I will return your call.
Thank you for taking the time to review my resume. I look forward to talking with you.
Sincerely,

Tom answers:

The topic sentence seems very bold and forth-right. You may want to keep your feet on the ground in terms of your flowery tone. Describe specifically the “current skills” you possess, and how you apply them in your work places. Avoid using obvious cliches and flowery phrases. Give some examples of how you utilize your skills within places where you worked at.

Lizzie asks…

this is a survey for shopping. please answer. we need lots to fill lots of surveys?

Survey Questions
1.What is your gender?
a.Male
b.Female

2.What is your age?
a.13-20
b.21-30
c.31-40
d.40 and over

3.Out of the following, what type of environment do you like shopping in?
a.Big box store with little entertainment as you shop
b.Small niche market store with good ambiance
c.Up-beat fun entertaining store

4.What kind of entertainment do you prefer in a retail store?
a.Lounge
b.Television
c.Music
d.Video games

5.What mood is most likely to trigger your buying habits?
a.Sad
b.Happy
c.Depressed
d.Angry

6.What music do you enjoy listening to when you shop?
a.Hip hop and R&B
b.Country
c.Rock
d.Rap
e.Dance

7.What type of videos would you prefer to see on television when you shop?
a.Music videos
b.Movie previews
c.Television commercials
d.Retail store advertising or catalogues

8.What kind of video game for Wii would you prefer?
a.Sports
b.Action and Adventure
c.Racing
d.Strategy and Simulation
e.Music & Rhythm

9.How long would you stay in a store if it had no entertainment?
a.I would not walk into the store
b.Less than 15 minutes
c.15 minutes to 45 minutes
d.More than 45 minutes

10.What type of atmosphere do you like to shop in?
a.Dark lighting
b.Bright stores
c.Young and trendy
d.Other

11.How much entertainment do you use per day?
a.Less than 30 minutes
b.30 minutes to an hour
c.1 to 2 hours
d.More than 2 hours

Tom answers:

Here are the answers to your survey – B, B, C, A, B, A, A, B, B, C, D

There are easier ways to conduct a survey. If you do a search, I am sure you will find many websites where you can create surveys for free. When you’ve finished creating a survey, just post the link right next to your question then invite people to take them. You’ll get a higher response rate that way.

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