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Developing a marketing strategy for HomeMade's market introduction to Germany

  • HomeMade, a Dutch producer of business-to-customer baking mixes established in 2004, belongs since July 2014 to the internationally operating company Royal Smilde bv with their business unit Smilde Bakery bv which is an industrial bakery for the business-to-business market. One of the countries HomeMade can introduce its products to is Germany as the mother company Smilde Bakery has a sales subsidiary in this country with an own sales force of which HomeMade can make use. One main research question and six underlying sub-questions are addressed in the research work. The main question is about “What marketing strategy should HomeMade adopt for their market introduction in Germany?” and the sub-questions are used to answer the main question by looking at macro-environmental factors, the performance of potential competitors, the market attractiveness, the characteristics of possible customers in Germany, the distribution channels available and the current performance of HomeMade on the Dutch market. To answer these questions, primary research (qualitative interviews and a survey) and secondary research (literature and desk) have been conducted. Each chapter of the research work is designed to answer one sub-question to make conclusions about the suitable marketing strategy of HomeMade in Germany. The strategy will be derived in the final part of the research work by comparing the identified strengths and weaknesses as well as opportunities and threats of all sub-questions and giving recommendations and plans for implementation as well as a cost estimation for the chosen marketing strategy of HomeMade’s market introduction to Germany.

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Author:Laura Fehrenbach
Advisor:Paul Taylor
Document Type:Bachelor Thesis
Year of Completion:2017
Granting Institution:Hochschule Furtwangen
Date of final exam:2017/06/26
Release Date:2017/06/26
Tag:Backmischung; Export; Lebensmittel; Markteinführung; Strategische Planung
Page Number:97
Degree Program:IBW - Internationale Betriebswirtschaft
Functional area:Marketing
Licence (German):License LogoUrheberrechtlich geschützt