RMCF-Rocky Mountain Chocolate Factory.(IUBAT)
description
Transcript of RMCF-Rocky Mountain Chocolate Factory.(IUBAT)
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SL no Name ID
1 Mohammad Ahsan Ullah 11302015
2 Shuvo Mia 11302012
3 Sirajul Islam 11302011
4 Nasrin Akter 11302027
5 Jannatul Ferdous 11302041
Group: Spark
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Topic
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Inform what we analyze in the case study about the Rocky Mountain Chocolate Factory
Objective
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Introduction Mission & Vision
Product Marketing
Franchising program Store concept
Completive advantage SWOT
Problems Recommendation
Contents
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Founded in 1981 In February 1986, Crail took the company
public In the late 1990s RMCF to focus on
franchising and manufacturing In 2008, RMCF was an international
franchiser As of March 31, 2008 five company-owned,
329 franchised in 38 states
RMCF
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Mission ◦ Quality, taste, value and variety of products◦ Quality of the product is the number one factor
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Manage money Slowed expansion and elimination of debt
Relationship with employees as well as franchisees
Rocky Mountain Chocolate Factory has continued to maintain its Mission and Vision appropriately during times of expansion as well as recession.
Vision
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Approximately 300 chocolate candies Confectionary product Nut clusters, caramels, butter creams,
mints, and truffles 100 additional during special occasion
Products
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Marketing
low cost marketing tactics National advertising is not a part of the firm’s marketing strategy
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The number one franchise Praised by Entrepreneur magazine. 329 franchised stores Ongoing support through
Regular communicationSite Visit
Franchising program
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Suitable sites Tenant mix Visibility, Attractiveness, Accessibility, Level of foot traffic
Store concept.
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The company established RMCF stores in five primary environments:
1) regional centers, 2) tourist areas, 3) outlet centers, 4) street fronts, and 5) airports and other entertainment oriented shopping centers.
Store concept. cont…
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Careful selection of sites Experience Management team Store concept Franchise
Competitive Advantages
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High R&DOnline growthLoyal customersStrong management teamStrong brand equity
Strength
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High price Luxury item
Weakness
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Asset leverage Emerging markets and expansion abroad Innovation Online Product and services expansion
Opportunity
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Competition Cheaper technology Economic slowdown Lower cost competitors or imports Product substitution
Threat
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Porters five Forces
High
Low
High
High Medium
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High price Luxury item Cheaper technology Economic slowdown Product substitution
Problems
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Recommendation
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?Time 2 Question
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Thank You