ODI Case Study
In an attempt to reduce cannibalization among chickens on chicken farms, ODI a new company, was formed to market an agricultural innovation – (Contact lenses for chickens). ODI intends on marketing their new product to chicken farmers who are not familiar with the product and have been using the same method of de-beaking for 50 years.I recommend that ODI perform the following tasks to determine if they can market these contact lenses successfully: 1) Define the target market, market segmentation, size and characteristics. 2) Perform business analysis including Break Even Units and Break Even Sales to determine whether marketing the lenses will be profitable. 3) Develop a marketing strategy plan to introduce these lenses to the target market. 4) Identify the characteristics of the consumer adoption process to determine how they can attract early adopters. Once ODI determines that this product will be profitable they need to determine HOW to market these contact lenses to chicken farmers. There is currently no competition because the lenses have been recently developed, however, marketing this product to the chicken farmers will be difficult.
Market Share needed for ODI to Break Even: it is anticipated that 400 farms could be covered. I believe that this would be a good 1) Define the target market, market segmentation, size and characteristics. 2) Compatibility: Using a contact lense is incompatible to their “usual” way of life—using the de-beaking method. ODI’s salesmen need to educate the farmers on this new and exciting method.
Some topics in this essay:
ODI Break,
RECOMMENDATION Based,
EXECUTIVE SUMMARY,
Southern California,
Complexity Farmers,
South Atlantic,
VP ODI,
Fixed Costs,
Finally ODI,
Break Sales,
contact lenses,
market share,
chicken farmers,
target market,
marketing product,
product chicken farmers,
de-beaking method,
savings farmer,
farms odi,
odi consider,
using lenses,
exhibit 4 cost,
marketing product chicken,
market contact lenses,
determine market contact,
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Approximate Word count = 4707
Approximate Pages = 19 (250 words per page double spaced)
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