Green & Co.

gild Name leafy vegetable & Co. Research Subject Market Research for Exporters This effort theatre is based on the largest and intimately successful super foodstuff place chains in the UK, super acid & Co. for the purpose of doing a market investigate to enter the American Grocery market. I live with tried to answer the given questions as I have understood the Case study and the market enquiry strategies taken by super C & Co. 1. Identify the types of market recognition that Greens & Co. sed to move into the US market. autonomic nervous system In my opinion opponent intelligence used by the Greens & Co. to identify the advant ages and disadvantages of their US based foe or potential difference rival, McL atomic number 18ns before entering the US market Because, McLarens was already so successful in such a huge market. As per my understanding of the case study, the types of market intelligence that Greens and Co. used are the fol humbleing i) Forces that have an effect o n the market Greens and Co. s analysts observed the cooking and the shopping patterns of households as well as their using up and quantity patterns which cover all demographic segments and collected required education about severally family including family income, number of members of each family, employment shape, group, intellectual nourishment habits, spot towards fast food and healthy food age for a yen quantify. They even considered the time spent at home by each family member ii) Product specific data Greens and Co. s analysts notice that American consumers like to visit different set ups for different products.So, before arising in Southern California, the company queryed about both food feature and price for increased sales. They found that 46% of consumers were more prone to involve the healthier food when two equally priced food were offered to them. Some consumers were as well ready to pay extra for the healthier food than the less expensive less nutriti onal option. iii) Market Infrastructure The concept of a tail between convenience stores and securities industry stores( GreenXPress) was never a usual scenario for US consumers where the products shall be a lot less expensive than convenience store that he environment is more customer oriented than emblematic food market store. So, Greens and Co. took the initiative of introducing the GreenXPress format because they realized that this format had the potential to be successful because of its unique offerings. 2. What information hoarded from the look for influenced Greens & Cos business decisions? Ans The information self-possessed that influenced Green and Co. s business decisions are the following )The most authorised information that influenced Green & Cos decision to enter the US market is that their US competitor McLarens , they did not have as oftentimes armorial bearing in California as in other states, states which gave Greens & Co. an opportunity to enter the Ca lifornian market without entering into a hostile competition with McLarens. ii) They discovered that American consumers prefer healthier food no matter the healthier versions of any product meant to be more expensive. iii) The police detective of Greens & Co. found that American consumers visit different stores for different products.This gave them an opportunity to have Americans try their brand out as well as the older brands already existing in the market and those that they are familiar with. iv)They found that there is no such presence of the concept of GreenXPress format, which is a cross between a securities industry and a convenience store, which meant the products cost less than a convenience store yet the environment was more customer oriented than a normal food product outlet. So, the introduction of such concept will be beneficial for race with both high disposable income as well as low income people. . Using the case study, formulate the seek objectives for the pr imary/qualitative research that was conducted in American family homes. Ans As per the case study, the research objectives were i) To study the American kitchens and examining the contents of their refrigerators, as well as tracking grocery shopping frequency, spending and quantity patterns with several demographic segments. ii) To observe the food habits of the average Americans, whether they were more fast-food oriented or healthy food oriented. ii) To gather information about each family, including household income, family size and employment status to figure out whether average American families are able to taint products from the Green & Co. outlets. iv) To gather information about age group of the family members to con whether there are more children or adults to determine the familys inclination of an orbit for fast food or healthy food and even the time spent by family members at home. 4. Was Greens & Co. pursuing exploratory, descriptive or causal research? Provide examp les from the case study to support your response. Ans In my opinion, Greens & Co. as pursuing more of an exploratory research design as the research that they made were based on observation, force out primary data about American consumers and executive interviews. The research they made were exploratory in nature, providing a picture of the market which include the potential market size and purchasing or shopping frequency. The analysts of Greens & Co. spent a lot of time analyzing the refrigerator contents, the family income, the employment status, the age group of family members, the time that the family members are present at home, the food habits and so forth hich all suggest that in these pieces of information they were actually exploring the American families to defecate insights so that they can be successful in the US market. 5. The retail grocery and consumables market is probably one of the most concentrated in the US. What take of research was covered prior to the move into the American grocery market? Ans Prior to the move into a huge market like US the Greens & Co. had conducted research based on emulous intelligence and then competitor intelligence.They found that their biggest competitor McLarens did not have that hold in California as strong as in the other states of US which provoked them to enter the US market by starting at California while escaping a strong competition. They gathered information about the different groups of people with different income levels. Not altogether that they also gathered some very important information from interviewing competitors executives and also conducted a survey including 200 shoppers to see the correlation that both food quality and price resulted in increased sales.The most important thing they found in US that there is no such concept of a cross between a grocery and a convenience store, which means the products will cost less than a convenience store yet the environment will be more customer or iented than a normal grocery outlet. So, it can be said that they have mainly conducted exploratory research and some sort of causal research before entering the US market. Sources Course Documents, PPT 1,2,3 Case study material (Assignment 01) http//www. marketingprofs. com/ea/qst_question. asp? qstid=2819