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Published byNeil Denis Fleming Modified over 9 years ago
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1 Project: Product Development-Haggis By the end of year 2005, the new products will be offer: Existing Products Traditional Haggis Americanized Haggis Vegetarian Haggis New Assortments Taiwanese Haggis Mexican Haggis
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2 Why Is Product Development Important to McBain? Consumer’s wish Changing eating trends Preference for “value-added” product –Greater nutrition –Variety of taste Driver:
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3 Challenges Huge unmet demand for wider range of flavor Opportunities Increase consumer outreach Ensure sustainability Why Is Product Development Important to McBain?
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4 Research Shows Clients Demand Wider range of variety Traditional Haggis Americanized Haggis Vegetarian Haggis Taiwanese Haggis Mexican Haggis
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5 Marketing Strategy Health Concerns: McBain wants to promote Haggis as the balance source of nutrition Low saturated fat
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6 Limitations Budget
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7 a. Volume requirements/ expectations b. Profit requirements/ expectations c. Consumer trends and needs d. Technical innovations e. Preliminary economic analysis Determine food product target(s) based on:
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8 Test Market McBain USA Mid West Plant Less expensive setup
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9 Production Process Meat MixingBlending Packaging Additives
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