Merchandising is the process of presenting and promoting retail goods for sale. It involves nonverbal tactics that retailers use instore to promote product sales. Retailers use effective store layout to …
You have reached the end of Week 2. This week you have costed your product, developed your prototype and its ‘gold standard’, kept detailed notes on your product such as …
Congrats on completing week 4! This week we focused on marketing your product, your brand, packaging, labelling, merchandising, promotion, and personal selling. You had an opportunity to develop your own …
Your marketing strategy is your plan of action designed to promote and sell your product or service. Earlier in this course we discussed the 5P’s of marketing, we are now …
Promotion is any communication between sellers and customers, potential customers or distribution channel members designed to impact attitudes or behaviours towards a product and can include: Advertising Publicity Sales promotion …
Setting a price for your product should not be haphazard, a thumb suck. Pricing should be aligned to your business identity, brand, financial stability, and personal goals. Firstly, when developing …
Food labels help consumers make informed choices about the products that they purchase by providing nutritional or consumer information. Labels also indicate any precautions they need to take for example …
Food packaging is one of your strongest tools you have when marketing your product. Food packaging design’s primary function is to attract. You only have 1/10th of a second to …
The marketplace has become more diverse, and competition has increased. New technologies as well as an affluent society have created a need for products that fit the food safety, lifestyle, …
Up until now your product has only been tested in small quantities to reduce the cost of production. Once you have your prototype and made the necessary changes, the product …
When developing your prototype may need the expertise of someone who is a specialist in food technology. For example, if you have identified a salad dressing product, you will need …
At this stage we are going to stop our discussion about product development and spend a bit of time explaining how to calculate food cost and selling prices. Understanding costing …
Let us stop the development process for a moment and reflect on a few things that you need to remember when developing your food product. Hygiene and your Food Control …