WHY JUST RIPE! In the two year period assessed, avocados ranked 11 th in total space allocated (average of 15 sq. ft.) among fruit categories but rank.

Slides:



Advertisements
Similar presentations
Acquire foundational knowledge of marketing-information management to understand its nature and scope Marketing Indicator 1.05.
Advertisements

Marketing 1.05 MIM.
Multichannel Personalization At Scale: Building Incremental Value With #dunnhumby.
Nielsen Homescan® Data and Retail Insights American Egg Board 52 Weeks Ending December 26, 2009.
Building a Customer-focused and Learning Culture with KM Philip Fung Vice Chairman of KMDC July 2005.
Chapter 13 Internet Retailing “A salesman is got to dream, boy. It comes with the territory.” ~Arthur Miller.
2009 ORWM Outdoor Specialty Retailer Seminars Inventory Management: The process Is More Important Then The Technology January 23, 2009 Jay Townley The.
Merchandising Session 5 Retail Management Prayas/CBS corebusinessschool.org
1 Avocado Regional Composite Total U.S YTD Q2 (January – June) Prepared by: Fusion Marketing.
Introduction To Marketing
Marketing Wines From Small Wineries NMSU AGE 420 – M03 CRN 40680© 2011.
1 Avocado Regional Composite Northeast Region January – March: 2011 vs
Product Specifications & Value Proposition Premium single-serve Chiquita bananas Hand selected by size & shape Consistently Ripe & Ready to Eat.
Market America’s Strategic Advantage …in building an UnFranchise® Business.
How should grocers promote natural and organic products? Melissa Johansen December 2007.
Profitability Analysis CONTRIBUTION MARGIN (COST VOLUME PROFIT) CHAPTER 6 marketing costs money BA 315- MARKETING MANAGEMENT (L.P. CHEW)
Strategic Marketing MKT470 Part 1: Variable Cost 1) Variable Costs 2) Fixed Costs Part 2:Relevant Sunk Cost 1) Relevant Costs 2) Sunk Costs Part 3: Gross.
Estimation of Market Size Existing Products – Sales Forecast New Product – Assessment of Market Opportunity Calculate – Market penetration rates Product.
Marketing is All Around Us
The Strategic Role of Information in Sales Management
Network Marketing.
Chapter 2 Retail Strategic Planning & Operations Management
CALIFORNIA Region Regional Composite REGIONAL DATA REPORT JAN – MAR 2015 vs
MERCHANDISING Merchandising means the activities involved in acquiring particular goods and/or services and making them available at the places, times,
Explaining the Different Costs, and Profits on The Dashboard of The Marketing Machine Ted Mitchell.
Nick Ruggieri CIS 1055 Section 005 Radio Frequency Identification  RFID System A wireless, non contact system that uses data from a tag for the purpose.
Business Plan FY Presentation to California State Lottery Commission May 24, 2012 Item 8a.
Pharmacy Consulting Associates, Inc. Presented By: Guy W. Stillwell, R.Ph., President.
Fall 2006 Davison/LinCSE 197/BIS 197: Search Engine Strategies 6-1 Module II Overview PLANNING: Things to Know BEFORE You Start… Why SEM? Goal Analysis.
Chart Your Course to Business Success On Target Business Intensive: Session 4 April 17, 2012 Advisors On Target 1.
10-3 Pricing Factors DO NOW: When purchasing an item how do you determine whether the asking price is a good value?
1 State of the Convenience Store Industry – Lottery Focus.
©2004 Prentice Hall Business Publishing Introduction to Management Accounting, 2/e Werner/Jones Chapter 09 Decentralization: Segmented Reporting.
Marketing Is All Around Us
Indoor 1 06/01/98 Ver. 1 Indoor.ppt. Indoor 2 06/01/98 Ver. 1 Source: Program year IRI and TRIAD Oct 96 to Sept 97, Kline 95 Why Indoor Insect? Three.
Introduction to izmocars Innovative Internet business solutions provider to the automotive industry Industry leader in interactive automotive content.
Acquire foundational knowledge of marketing-information management to understand its nature and scope Marketing Marketing Indicator 1.05 Indicator 1.05.
Selling at BC’s Farmers' Markets A Resource for New Farmer Vendors BCAFM Conference March 12, 2011 Richmond, BC With assistance from: David J. Connell,
Demand and Supply. Demand - The Quantity of a product that consumers are willing and able to buy at a given price in a period of time. Supply – the quantity.
Marketing Management 29 th of June Personal Selling and Sales Promotion.
Pro Forma Income Statement Projected or “future” financial statements. The idea is to write down a sequence of financial statements that represent expectations.
Ethan Allen Interiors (ETH) RECOMMENDATION: HOLD.
Chapter 2 Financial Aspects of Marketing Management
1 Avocado Regional Composite TOTAL U.S. January – March 2010 vs vs
Marketing Is All Around Us
 Manufacturer or exporter sells directly to an importer or buyer located in the foreign market area.  Exporter take a more direct approach to exporting.
Linking Organizational Culture to the Bottom Line.
Chapter 2 Retail Strategic Planning and Operations Management.
Marketing Is Everywhere!!
Chapter 1.2 & 1.3 Review. Economic Utility Assembling parts to build an engine is adding value through (Not directly related to marketing) Form utility.
1 Avocado Regional Composite Great Lakes Region January – March: 2011 vs
1 Avocado Regional Composite California Region January – March: 2011 vs
1 Avocado Regional Composite Southeast Region January – March: 2011 vs
Research and Evaluation 4.1 INVESTMENT PRINCIPLES.
Retailing Management 8e© The McGraw-Hill Companies, All rights reserved CHAPTER 2CHAPTER 1 CHAPTER 6 Financial Strategy CHAPTER 6.
What is a Market? QCC’s:: 56. Objective Identify and Define Market, Marketing Concept, Industrial Market, Consumer Market, Market Share and Market Growth.
1 Avocado Regional Composite West Region January – March: 2011 vs
1 Avocado Regional Composite Plains Region January – March: 2011 vs
1 Avocado Regional Composite South Central Region January – March: 2011 vs
“Local showroom with global exposure”. Sellstate Real Estate Gallery Introduction You are invited to join a select group of SW Florida’s elite developers.
Chapter 15 Retail Pricing McGraw-Hill/Irwin Copyright © 2009 by The McGraw-Hill Companies, Inc. All rights reserved.
Department of Applied Economics and Management Cornell University Ithaca, NY Dr. Wen-fei Uva Senior Extension Associate What is Your Profitability?
Having a successful retail business - It’s all about organization Adele Curran, Real World Retail.
Retail Pricing. Strategies EDLP vs HIGH/LOW Everyday Low Pricing (EDLP) Prices are set between regular non-sale price and deep discount sale prices May.
Acquire foundational knowledge of marketing-information management to understand its nature and scope Marketing Indicator 1.05.
MidSouth Region Avocado Regional Composite
The Ruler of Retail According to The Association for Convenience & Fuel Retailing (NACS), 2014 revenues for the industry totaled $696.1 billion, with.
Nielsen Homescan® Data and Retail Insights
LEQ1: What is the importance of marketing?
Millennial Avocado Shopper Trends
Presentation transcript:

WHY JUST RIPE! In the two year period assessed, avocados ranked 11 th in total space allocated (average of 15 sq. ft.) among fruit categories but rank 4 th in productivity (average of $70/sq. ft.) In terms of the total produce department, Avocados ranked second to last at 26 th in total space allotted, but rank 6 th in productivity ($/sq. ft.) for the two year period. Avocados consistently rank among the Top Ten profit generators in the produce department. Most consumer purchases are impulse buys, therefore most buyers are looking for ready to eat produce. Ripe = Value Data from the California Avocado Commission

WHY JUST RIPE! Q: As a retailer, how do you create sustained traction to maximize the opportunity associated with this category, leading to continued growth and the resulting sustainable profit potential? A: Recent studies prove that preconditioning and ripening of avocados directly results in increased sales and improves shopper satisfaction. The fact is, ripe avocados outsell green, hard avocados by a margin of 3 to 1. (source: California Avocado Commission) Data from the California Avocado Commission

CONSUMER PURCHASING! Based on 778 in-store shopper intercepts, CAC.

THE NUMBERS! (CAC data) 84% of consumers surveyed had a ripe avocado in their shopping cart. 57% of avocado purchases are planned before going shopping Almost 25% of those interviewed purchase avocados weekly, while almost 50% purchase at least monthly Data from the California Avocado Commission

THE NUMBERS! (CAC data) Provided by the CAC. 88% of shoppers define a ripe avocado as ready to eat either today or tomorrow. 77% of shoppers plan to eat their avocado purchase either today or tomorrow Data from the California Avocado Commission

DEVELOPED MARKETS! The percentage of ripe fruit displayed positively impact sales of avocados in Developed markets When displays held 50% ripe and 50% firm/breaking: – Volume increased by 2.6% – Dollars increased by 2.1% Data from the California Avocado Commission

NEW DEMAND MARKETS! The percentage of ripe fruit displayed positively impact sales of avocados in New Demand markets. When displays held 1/3 ripe, 1/3 firm and 1/3 breaking: – Volume increased by 7.3% – Dollars increased by 10.2% Data from the California Avocado Commission

RIPE PROGRAMS! (1 OF 3) A 9 week test (Sticker vs. Non-stickered fruit) in a Developed market 2 major retailers in a Developed market – The markets’ retailer avocado leader – A mid-level retailer of avocados 32 store test panel Avocados with Ripe stickers outperformed the sales of non-stickered fruit consistently with both retailers Data from the California Avocado Commission

RIPE PROGRAMS! (2 OF 3) Store with “Ripe” stickers out performed stores without stickers Retailer A: Avocado market leader: “Ripe” stores had a total sales lift of 12.97% over non-Ripe stores Retailer B: “Ripe” stores has a sales lift of 12.1% over non-Ripe stores Data from the California Avocado Commission

RIPE PROGRAMS! (3 OF 3) Avocados with Ripe stickers generated an average of 13% greater volume sales than non-stickered With advertised promotion, sales of Ripe stickered fruit increased by as much as 44% During July 4 th holiday Ripe stickered fruit outperformed non-stickered fruit by over 16% During a time of no-event, no-holiday, no advertising, no promotion, stickered avocados outperformed non-stickered fruit by as much as 28.46% and never less than 16.39% Data from the California Avocado Commission

RIPE PROGRAMS! (3 OF 3) Data from the California Avocado Commission

WHAT YOU CAN EXPECT! UNIFORMITY Inside and out. PROVEN Technologies. SUPERIOR Value.

WHAT YOU CAN EXPECT! UNIFORMITY Inside and out. – Every time, throughout the carton. Throughout the pallet. Throughout the order. – A Just Ripe! Guarantee of freshness.

WHAT YOU CAN EXPECT! PROVEN Technologies. Patented humidity control system Customized ripening to your specifications Specifically engineered for avocados Decreased shrinkage Sustained visual appearance Touch screen room by room programming Variable alarm sensor system High powered cooling and heating systems Maximized air flow volume and movement

WORKING VISUALLY!

WHAT YOU CAN EXPECT! SUPERIOR Value. – Online reporting and accounting – Knowledgeable and experienced sales staff – Program specified around your business needs

HOW IT WORKS! Simple 1-5 Just Ripe! Ordering system. Available online or in your provided manual.online – Allows you the freedom to order when and how you want. – Track your orders online and view your fruit in our high-tech gassing rooms.

RIPE GUIDE!

POS MATERIAL! Point of sale material available.

CONCLUSION! West Pak Avocado utilizes the most accurate, precision ripening technology in the industry. By combining these advanced ripening capabilities with our 25+ years of quality and marketing experience, West Pak continues its commitment to being a true leader in the marketplace, keeping your operations one step ahead in terms of sell-through, customer satisfaction, and improved margins.