Market Research ??“ Case Study Spaghetti Fettuccini S.A. Essay
They also need to analyze their competition, get to know what products and at what rice they are selling and what are the competitor’s weaknesses so that they can get strategic advantage out of their position. The company has some experiences with selling whole grain pasta, but they need to test their new products, especially the new pasta product line since it is a fresh product. Fettuccine S. A. Also needs to find out if they should open their own points of sales or if they should rather focus on distribution to existing shops.
Finally, they need to establish a marketing strategy in order to know what kind of advertisement Is the most suitable and effective for their equines, and the way In which they want to transmit their messages. As the company had problems with punctual delivery and their service in general before, it would definitely be necessary to investigate also about these two points. They are not acceptable and must be improved once the reasons for both of these weaknesses are figured out.
Another problem which should be resolved by Investigating wealth the company Is the company’s structure Itself: It Is not efficient since the different departments are located in
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The Fettuccine Company has already investigated on the secondary distribution of some new products such as freshly prepared pasta in order to diversify their offer, which was marketed in the fast-food restaurants of an accredited company in would consider the following possible secondary private markets. An estimation of the world pasta production gives us an idea of the positioning of the Spanish pasta rake. The estimated world pasta production in 2012 has been around 13. Million tones, distributed as follows[l]: [pick] Spain has produced 252,208 tons and is ranked on the 13th position of the global pasta producers while number one, Italy, has produced 3,316,728 tons. As far as the pasta consumption is concerned, Italy dominates with 26. 0 keg/ capita, while Spain only consumes 5. 0 keg/ capita. Although the pasta market in Spain is not as huge as in Italy, there is still enough potential for successful production and distribution of pasta products. The main competitors of Fettuccine S. A. Me mainly from Italy and are companies like Button with 22% of the market share, El Pave, Ran or Gallo with a 10% of the total market share. Other smaller competitors could possibly be Gusts Italian S. R. L. , EGO International S. R. L. Or Domestication Giuseppe. The secondary market for fresh pasta products in Spain is “on counter”, which would be through chains serving fresh products such as Nostrum, Fresco etc. , and also the traditional restaurants serving fresh pasta. Another big secondary market for fresh pasta are supermarkets.
Furthermore, specialized small shops selling food to take way for example should also be taken into account as potential customers. Delicatessen shops and restaurants can also be interesting partners for Fettuccine S. A. Since both are offering high quality and exclusive fresh products. Another big secondary market are companies who offer catering or lunch service for their employees, and who might be interested in receiving daily fresh pasta dishes. The big opportunity for Fettuccine S. A. In this secondary market is that they produce in Spain, which means they should be able to deliver a lot faster and at a more competitive price. . Define the qualitative technique that you will use and introduce a dash of qualitative questions. In order to obtain data and useful information about what Fettuccine S. A. Can expect from their potential market, get to know the preferences of their costumers and establish themselves in the market, they could use several qualitative techniques such as focus groups, triads, dyads, in-depth interviews, uninterrupted observation, bulletin boards, and ethnographic participation/observation. But due to the problem that many of these techniques are not only expensive, but Fettuccine S.
A. Would in my opinion work with focus groups and combine the results with the results obtained from observation in points of sales, for example. Both for the focus groups and for the observations in points of sales, this could be combined with letting people taste the fresh pasta products and afterwards asking them specific questions. Possible questions are as follow: ; Do you (and your family) usually consume fresh pasta? ; Who at your house is usually in charge of buying food? ; Why and where do you buy fresh pasta? What aspects influence your decision to buy a fresh pasta product: the price, the annuity, the brand, others? ; How often do you buy fresh pasta? ; Which fresh pasta brand do you usually buy and why? ; Who in your family is the biggest “fresh pasta consumer/ fan” and why? ; What kind of fresh pasta brands do you know? ; Please give me at least two reasons, why you would buy fresh pasta from another brand than usually. ; What sort of fresh pasta do you prefer and why? ; Why do you prefer to buy fresh pasta instead of other (pasta/ wheat) products? How much do you pay for your current fresh pasta product? ; How much would oh be willing to pay? ; Would you buy the pasta product you were able to try and how much would you pay for it? ; For what main reason would you prefer our fresh pasta product to another one? 4. Develop a questionnaire with questions that we should consider to meet the goals In order to reach the goals established in point 1, I would suggest the following questions: Dear Costumer, In order for us to serve our customers better and to evaluate our performance, we would like to find out what you think about us and our new fresh pasta products.
Please take a few minutes to answer the following questions. Your honest opinions, comments and suggestions are extremely important to us. ; Do you usually buy fresh pasta products when you buy groceries? You like most about fresh pasta? ; What do ; When you buy fresh pasta products, what do you first take into consideration: o Quality o Price o Product presentation o Taste o Other ; In your opinion, what would be the ideal presentation for fresh pasta products: o Individual portion o Portion for two people o Portion for 4 people o other ; How often do you buy fresh pasta products?