Project: Product Development-Haggis

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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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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. Consumer’s wish Changing eating trends - PowerPoint PPT Presentation

Transcript of Project: Product Development-Haggis

Page 1: Project: Product Development-Haggis

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Project: Product Development-HaggisProject: 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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Why Is Product DevelopmentImportant to McBain?Why Is Product DevelopmentImportant to McBain?

Consumer’s wish

Changing eating trends

Preference for “value-added” product

– Greater nutrition

– Variety of taste

Driver:

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Challenges• Huge unmet

demand for wider range of flavor

Opportunities• Increase consumer

outreach

• Ensure sustainability

Why Is Product Development Important to McBain?Why Is Product Development Important to McBain?

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Research Shows Clients DemandResearch Shows Clients Demand

Wider range of variety Traditional Haggis Americanized Haggis Vegetarian Haggis Taiwanese Haggis Mexican Haggis

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Marketing StrategyMarketing Strategy

Health Concerns:

McBain wants to promote Haggis as the balance source of nutrition

Low saturated fat

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LimitationsLimitations

Budget

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a. Volume requirements/ expectationsb. Profit requirements/ expectationsc. Consumer trends and needsd. Technical innovationse. Preliminary economic analysis

Determine food product target(s) based on:Determine food product target(s) based on:

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Test MarketTest Market

McBain USA Mid West Plant

Less expensive setup

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Production ProcessProduction Process

Meat Mixing Blending Packaging

Additives