Marketing At Kudler Foods

Table of Contents

i. Introduction to Marketing

ii. Relative values of market value

iii. Market mix in Kudler's catering service

iv. Determining product and price in relation to other catering services

v. Place and Promotion in relation to catering

vi. Using technology in targeting customers

vii. Decision to create a catering service in relation to local organic growers.

viii. Conclusion

ix. References.

Introduction to Marketing

"Marketing as the name implies is an organizational function and a set of processes for creating, communicating, and delivering value to customers and for managing customer relationships in a way that benefit the organization and its stakeholders", according to Kerin (2006). From this definition it shows that it is the vehicle that businesses rides upon such that they can connect to the consumers, their intended target. Also, it is evident that marketing seeks to find the needs and wants of individuals in relation to satisfying them. In the market model in which this exist, the buyer seeks to buy that which is good, quality and improved, but in return the seller seeks to have customers who are loyal to their products, purchase them and enjoy that which they have produced.

Kudler kinds of opportunities in it marketing mix can be assessed in relation the products in which it offers, location in which the products or services is being rendered at, the promotion of the products and services and price as crucial factor in relation to the purchasing powers of the buyers or consumers. The need to have new ideas in relation to the products from time to time can be considered crucial for the survival of various business organizations in alignment with sound business principle.

Relative values of market value

"Market research is the process of defining a market problem and opportunity, systematically collecting and analyzing information, and recommending actions", according to Kerin (2006). The intentions of the Kudler's organization to open up it's own catering service must look at relative value of market research. Kudler needs to identify the marketing problems and opportunities and to generate and improve marketing actions.

The marketing problems that it needs to look at is, is there a customer base for this catering service? Do people generally cook at home for their families or eat out? How often do people eat out and when? This kind of questions needs to be answered prior to embarking on such projects.

The opportunities that come along with the catering service: One there an increase in the awareness of Kudler's food in the community that they are located in.