FRESSEN CATERING
consumer behaviour characteristics in the
target international market
Student Name:
Student ID:
BSBMKG517A - Analyse consumer behavior for specific international
markets
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Table of Contents
1. Introduction
2. Background
3. Market segmentation
4. Market overview
5. Business structures
6. Consumer behaviour characteristics
7. Organisational behaviour
8. Domestic market trends
9. Consumer attributes
10. Strategies for marketing activities
11. Conclusions
Introduction
Fressen
Catering introduction
Fressen catering is a Kosher delicatessen
catering company located in Philadelphia
USA. Kosher cuisine is an expanding area
catering to a specific clientele but accessible
to a wider market.
Fressen perceives that there is a gap in the
market for high class, well-presented and
innovative kosher food. Traditionally kosher
food has been dull and stodgy.
Objective
Background
Fressen
analysis
Fressen Catering has grown servicing a large market in
Philadelphia and seeks to expand its clientele using its varied
menu and innovation as selling points. It has identified markets
in AUS/NZ as especially suitable.
Demographic
analysis
The kosher catering industry was $16 million in sales as early as
1999. Market growth is increasing as not only people who eat
kosher food as a religious choice but also people seeking a
different cuisine choose kosher products.
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Background
Demographic
All ages
N/A
analysis
ABC
demographic
Both
traditional
Kosher and
urban
professiona
ls
Market Segmentation
Current
capability
Fressen is a medium size company which has
capacity to expand into the international
market with local partnerships
Buying
power
$4 million USD has been allocated for this
exercise
Cost
USD
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Market Segmentation
Product/Service
history
Fressens has been in business since 1999
International
differences
Aus/NZ are more culturally diverse and adventurous
in cuisine than East Coast America
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Market Overview
Competition
Competition
Customer
Market Overview
Market
information
AUS market potentially $43 million AUS.
NZ market potentially $3 million NZ
Industry information
The food industry in both countries is
highly controlled and regulated and has
to keep very high standards
Product/Service information Partly
imported and partly manufactured in
Melbourne.
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Market Overview
PEST
Analysis
Political: Stable
social and political
environment
Economical: Some
downturn but has
not affected this
segment
Social: culturally
diverse and
innovative
Technological:
Local partners have
all needed food
technology
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Market Overview
SWOT
Analysis
Strengths: Proven
products, good
local distribution
Weaknesses:
Strong competition
in some areas
Opportunities:
Appeal to healthy
lifestyle, pure
product
Threats:
Disruptions to
supply, economic
downturn
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Business Structures
Business structure Fressens is now
incorporated with Yumis as a separate
entity in Australia which will assist
with local licensing etc. The new
entity is 50% owned by both parent
companies and is called Fresh & Pure
Pty Ltd.
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Consumer behaviour
characteristics
Organisational behaviour
Time
A
Relationships
With
Organisational behaviour
Business
methodologies
The business methodology is a normal business partnership
Gift
practice
This does not apply in Australia/NZ
Social
norms
Social norms for Australia are straightforward and involve
conferences and meetings
Body
Domestic markets
Analyse trends and past performance of
products and services within relevant
international settings:
statistical analysis
Statistical analysis by PWC
(Pricewaterhousecoopers) shows that there
is a strong growth trend in sales.
analysis tools and models Analysis tools
and models were normal auditing tools used
in Australia and using the AUS financial year
returns as a yardstick (July/June).
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Consumer attributes
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Conclusions
The successful marketing of Fressens products in AUS/NZ has
proved that there is opportunity for expansion of the model.
The product range will be gradually expanded and Yumis
unique Australian product will be introduced in the partnership
to US residents also.
Projected sales in AUS/NZ are conservatively estimated as c.
$5 million AUS per annum when the market is fully established
but since the current input is $3 million AUS and this passed
breakeven 12 months ago the indications are that it could be
much higher.
Mazel Tov!
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