radikale: fresno state
TRANSCRIPT
Parameters
Create a marketing plan that includes multiple commodities
Ensure that proposal can transcend product lines and be applied to additional commodities
Kale
Recent agricultural boom has centered around kale and other superfoods
From 2007 to 2012 US kale production increased 57%
250+ kale products currently on the market
Juicing and Blending
Major driver in kale sales
Searches for kale recipes have nearly quadrupled in the last two years
Oprah Winfrey, Bill Clinton, Beyonce, Jennifer Aniston, Gwyneth Paltrow, etc.
Value-Added Produce
Consumers pay a premium for convenience and versatility
Kale has become a value-added star
Consumption and usage of kale predicted to rise over the next 5 years
Weaknesses
Packaged Produce
Consumers must find their own way to use ingredients
Food must be weighed to find exact nutritional facts
Juices
Bottled juices lack the fiber found in shakes
Healthy live enzymes are lost
Preserving agents detract from all natural positioning
Pasteurization
Business Proposition
Nutritious packaged blends of kale, apples, and carrots
3 individual packs with each pack giving accurate nutritional benefits
Selling price of $8.97 per unit
Convenient and versatile
No nutrition lost
All natural
Goals
Achieve $16 million in total sales revenue in year 1
Gain entry into 500 stores throughout California in first year
Increase availability to 750 stores by end of year 2 with sales extending into PNW
Increase sales revenue by 50% during second year
Tactics
Reach consumers through brand awareness product education, and sampling demonstrations
Trade shows, food blogs, and athletic events
Radikale recipe contests
Social Media
Monitoring and Measurement
Assess the accuracy of revenue projections through sales data
Use sales data to assess which geographical areas and demographics are most promising
Monitor social media trending and mentions
Additional Information
Projected unit and packing costs for ingredients are $1.68 and $0.70 respectively
Promotional expenses are $200,000 divided between product merchandising, social media management, event sponsorships, and product giveaways