Introduction to Marketing of Agricultural Product
Marketing Defined The performance of all business activities involved in the flow of food products and services from the Pont of initial agricultural production until they are in the hand of consumer
Food Flow and Marketing Text, p. 5. From the U.S. Dept. of Agriculture.
The Value Chain—An Example CORN GROWER FOOD MANUFAC- RURER AUCTION HOUSE HOG FARMER SLAUGHTER HOUSE 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 FARM PRODUCTS FOOD PRODUCTS The Food Marketing System: Firms, Organizations Product Flows, Distribution Channels Management and Marketing Activities Pricing and Exchange Science and Technology Domestic and Global Economy Competition Customs and Values Laws and Government Policies Consumer Tastes and Preferences Infrastructure (transport.., communication, educ.) Text, figure 1-3. Copyright © 2001 Prentice-Hall.
Market Location Product Time An institutional
Value added Form
Place
Place and forms
Time
Possession
Marketing process Movement : It is the series of actions and events that take place in some sequence Coordination: It is the series of events and activates is necessary if goods are to move in some of orderly fashion from the farm to the fork
Movements
Coordination Pricing
Coordination Various arrangement Contact producers Terminal market Trade Assoc Marketing news