Key Success Factors of Queso Maestros
Key Success Factors Matrix
You are expected to create a new company relate to : "cheese"
Then do the Key Success Factors Matrix about this company
Please read all the articles attachments in detail first ,
then according to these articles’ materials do the Key Success Factors Matrix about this company you create.
Key success factors
Regarding Customer Acquisition, Customer Retention and Branding:
Besides the traditional sections one might find in the Competitor Analysis, such as Location, When Founded, Brief History, Revenue, Employees, Ownership, Overview, and of course your rationale for why you consider this competitor to be one you should investigate, you should include three more sections as follows:
• Customer Acquisition
• Customer Retention
• Branding
1) Regarding this type of information, how did this competitor achieve these?
2) What did they do to gain new customers to make their success happen?
3) What did they do to keep their current customers and have them buy their current, or their new products?
4) What did they do to maintain their brand image?
5) Did they advertise in magazines? Which? Did they promote on television? Where, when, which stations? Did they print shopping bags customers were given when they made a purchase of this competitor’s products so other people will see the brand name when the customer walked down the street?
6) What kinds of things did they do to achieve their results? This is what you really need to know to be able to compete with them.
You might need to do some of the same things. Or, you might need to do other things to “counter” what this competitor does.
The things I have placed in this comment are the key to a good Competitor Analysis. These are the kinds of things that will help you plan and will help you become competitive and successful in the marketplace.
Strategic Marketing
Student’s Full Name
Institutional Affiliation
Course Full Title
Instructor Full Name
Due Date
Strategic Marketing
Queso Maestros is a company that deals with dairy products such as cheese and was founded in 2019, to understand strategic marketing we look at competition, Dairy farmers of Wisconsin which got established in 1983 as a marketing board for milk ("About Us - Dairy Farmers of Wisconsin", n.d.). The role of Dairy Farmers of Wisconsin is to market by educating customers on the importance of dairy products. Customer acquisition is through a variety of promotional methods that cut across the United States. Dairy Farmers of Wisconsin have a customer base of an estimated 300 million and offer the consumers 600 varieties of cheese. The options of cheese accommodate a diverse customer base. Dairy Farmers of Wisconsin advertises through media outlets and public relations activities. The organization works with distributors, retailers, chefs, food writers in promotional seminars. Promotion is all year round and includes the demonstration in retail stores and recipes ("About Us - Dairy Farmers of Wisconsin", n.d.). Dairy Farmers of Wisconsin uses strategic marketing and promotional activities due to this the company ex...
👀 Other Visitors are Viewing These APA Essay Samples:
-
Competitor Analysis: Panvy Cheese
3 pages/≈825 words | No Sources | APA | Business & Marketing | Essay |
-
Fiscal Policy
1 page/≈275 words | No Sources | APA | Business & Marketing | Essay |
-
Discussion: Division between Agile and Waterfall
2 pages/≈550 words | No Sources | APA | Business & Marketing | Essay |