|
Author: Patrick Flaherty Article source: http://www.a1articles.com/. Used with author's permission.
In the world of pancakes the leading brand in the industry was Quaker Oats brand Aunt Jeminma Pancakes. In 1956 this well-known company decided to introduce a new product call Aunt Jemima's New Deluxe Buttermilk Pancakes and expanded its flavors to include cornbread, coffee, and buckwheat. To promote the regular and buckwheat mixes, and to entice peoples demand for pancakes, they also developed a national advertising campaign themed, "Perfect Pancakes in 10 Shakes." With this campaign they offered a free shaker upon the return of three box tops, one from each flavor of pancakes. However, this campaign produced unsuccessful results. The problem was that in order to get the free shaker, people had to buy all three mixes. This was entirely to many pancakes for families to eat and they couldn't just rip off the box tops because the mix would then go bad. Also, once you had the shaker you didn't need another one; therefore it was a very short-term incentive. The campaign was just not practical. In response to the poor success rate, Quaker Oats introduced a new campaign which allowed a free shaker when you sent in one box top from the New Deluxe Buttermilk Pancakes. With this change sales jumped from $9000 to $80,000 in the yeas 1956 to 1958. Another direction they could have turned would have been to create variety packs, like you find with cereal. Then they could have turned in all 3 tops but not had an overwhelming amount of pancake mix. This also, would have gotten people to taste all three kinds.
To continue this success in the long run, Quaker Oats need to promote a new Campaign. After the consumers have the shaker the new incentive to Quaker Oats should offer is "buy two get one free" deal. However, some people may not already have the shaker, so it should be sold on shelve stores. This way Quaker Oats gain financially from the sales of the shakers, the consumers benefit from a free mix, and Quaker maintains the competitive edge over other companies.
In additional to the campaign, "Buy 2 get 1 free," Quaker Oats needs to continue with new and original advertising and marketing techniques. They need to differentiate their product. This is key during the summer months because sales drop during the summer and increase in the winter, partly due to the fact that pancakes are associated with cold weather and warm food. For example, they could offer free Christmas cookie cutter designs in every box. They could make coupons for free bottle of Aunt Jemima syrup with a purchase of the New Deluxe Buttermilk Pancake Mix. They should focus their advertising to mothers and grandmothers because they are the ones buying the product. They could do this by advertisements in woman's magazines and television commercials during soap operas. In addition they could put advertisements in Saturday morning cartoons to create interest in the children who will beg their mothers to buy the pancakes.
In conclusion, after they worked out the kinks, the "Perfect Pancakes in 10 Shakes," campaign was a huge success. Quaker needs to continue to improve their campaign ideas. I feel the introduction of, "but two get one free," would be successful as well as selling he shaker in stores would add revenue. Creating these new advertising techniques will allow Quaker Oats to have a competitive advantage and increase revenues. Patrick Flaherty
ClassNotesOnline
Click for a free resource for teacher websites
Repetition is the Key to Learning Something Deeply Proven Tips, Tools and Tactics (that anyone can learn) to Play Rock, Pop, Blues and Smooth Jazz Piano. This article offers techniques to internalize chords and...
Deck Decorating The key to great deck entertaining is to have a great deck. Many people don't believe in decorating their decks but having good seating and some type of a theme...
What Is The Truth On MLM - Do You Know? Discussion on MLM as a business model. The author shares her view on the real issue behind the "Truth On MLM" question.
4 Important Conversation Tips for Your Personal and Professional Lives If you are searching for a way to improve your communication skills at work and in your personal life, here are some conversation tips that will give you a good...
What is Stress? What is Stress? Stress is an interpretation of an event or circumstance which is understood to be a threat. It can be any force or pressure put on a system (li...
Tales from the Corporate Frontlines: Human Resources at Work A human resource department that is properly informed of employee issues, demonstrates a high integrity level, and communicates effectively with staff and manag...
How to Find and Work With a Porch Swing Contractor To Install the Porch Swing of Your Dreams If you've already purchased a Porch Swing and you know where you want to place it, your next task is finding a Porch Swing contractor to build the support and h...
Back Extensions Exercise This article talks about the Back Extensions exercise.
Success: Working from the Outside In A friend of mine recently told me that she's not nearly the perky, positive-minded marketer she appears to be on her business blog. She said it like that was a ...
A Lunchtime Lesson on Print Advertising Take a close look at your company's ads. Do they stand out from the crowd of other ads? Are they different from your competitor's ads in a powerful and relevant...
The Easiest Way to Overcome Vanity Vanity - it's easy to mask, easy to forget, and easy to justify. We hide it behind dignity and poise. The sins connected to this weakness aren't quite as severe...
Facilitating Panel Discussions Facilitating or moderating a panel looks easy but it takes practice to make it appear seamless. Here's how to keep control.
Remedies for a Wet Basement A wet basement can be just a nuisance or even real nightmare. Each year, thousands of homeowners are faced with the unpleasant side effects of seasonal rainfall...
10 Secrets to Free Publicity Business often need to use marketing to rise above the noise and be heard. Yet marketing often can be expensive. Learn ten techniques to use low cost publicity ...
Mirrors of Reality Have you ever looked into a mirror and wondered what happened that changed you from the last time you looked? Look here to find out what this really means!
The Typology of Financial Scandals Tulipmania - this is the name coined for the first pyramid investment scheme in history. In 1634, tulip bulbs were traded in a special exchange in Amsterdam. ...
Photography – Your Undiscovered Skill? Have you overlooked photography as an area of interest? Try experimenting and see where it leads you, you might be surprised with the results...
How to Get Rid of Acne: A Step-By-Step Tutorial To get rid of acne, you have to understand what causes it in the first place. When you understand the major causes of acne, you can learn what to do to prevent ...
Make Money with Your Own Blog So you want to make money online but you don't know how or don't want to set up a website? There is an easy way - do it with a blog. By now you must have heard ...
Improve Your Golf Performance With These 5 Tips Improve your golf performance. Is that aways on your mind? When you go out to golf you're hoping for a good round. I know I do...
Sellers, Are You Having A Hard Time Selling Your Home? Solution for homeowners who are having a difficult time selling their home.
Store Card Versus Credit Card - Which Should You Choose? Store cards and credit cards have their advantages and disadvantages. Should you have both or only one type? What's your strategy?
Jesse Livermore Jesse Livermore
The Paradigm: Going Digital As you might imagine the paradigm shift from traditional film-based photography to digital is rapidly creating new opportunities to learn and grow. The photogra...
|