Page 84 - Tyrrells Flip Teaching Guide
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Milner however, recognised that customers were the same
the world over and as such could be attracted to Tyrrells
chips without great marketing adjustment for country
cultural norms.
2: Analyse the Market
Chase carried out extensive market research which to all
intents manifested in rapid growth. He recognised that the
customer wanted a tasty, nutritional, organic product and
were willing to pay a premier price in exchange for it.
3. Analyse the Competition
The general market for crisps was declining so Chase
pursued the premier chip segment as this was neglected by
the main industry players.
4: Research distribution
Chase sought high end independent outlets. After his
experiences with some supermarkets, he tried to tightly
control the supply chain excluding supermarkets such as
Tesco. Although he recognised the value of exports, he did
not actively seek them.
Milner extended distribution recognising the value of the
supermarkets and the international market and rapidly
abandoned Chase’s reservations.
5: Define Marketing Mix
Understanding the Marketing Mix
Price: premium pricing