Welcome to MKTG 442: Marketing of Agricultural Products!

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Presentation transcript:

Welcome to MKTG 442: Marketing of Agricultural Products! Introduction to the course Syllabus Course content The Food Marketing Process

Food Flow and Marketing Text, p. 5. From the U.S. Dept. of Agriculture.

The Value Chain—An Example CORN GROWER HOG FARMER AUCTION HOUSE SLAUGHTER HOUSE FOOD MANUFAC- RURER WHOLE- SALER MARKET RESEARCH BRAND MANAGEMENT ADVERTISING/PROMOTION GROCERY STORE

The Value Chain Different parties Add different kinds of value based on Specialization (e.g., growing, processing, distributing) Location May undertake marketing activities individually and/or jointly

The Changing Food Marketing System Laws and Government Policies Domestic and Global Economy FARM PRODUCTS The Food Marketing System: Firms, Organizations Product Flows, Distribution Channels Management and Marketing Activities Pricing and Exchange Customs and Values Science and Technology Competition Consumer Tastes and Preferences Infrastructure (transport.., communication, educ.) FOOD PRODUCTS Text, figure 1-3. Copyright © 2001 Prentice-Hall.