Elements and Performance Criteria
- Analyse marketing goals and influences
- Information sources on industry trends are identified and accessed to inform retail baking research
- The business plan is examined to determine marketing goals and strategies
- Type of retail bakery operation is analysed to determine impacts on promotional and marketing activities, including presentation and product display
- Trends in retail baking product range are identified
- Market influences on bakery products and presentation are examined
- Trends and influences are analysed to determine priorities for promotional and marketing activities
- Analyse market conditions
- Information is gathered on local population and target market determined and consumer profile identified
- Competing businesses are identified and market position and product range examined
- Market segmentation for specific bakery products are identified
- Consumer dietary needs are identified and impacts on retail baking determined
- Cultural and religious influences on retail baking are identified and impacts on retail baking determined
- Marketing opportunities are identified for retail bakery products and services
- Confirm and price product and service range
- Selection of bakery products is confirmed to meet market needs
- Type of service for bakery products is confirmed to meet market needs
- Position in market is determined and product range is selected accordingly
- Costs of production are accessed to determine product profitability
- Prices of competitor products are identified and used to inform price point and market position
- Costs for products are determined in accordance with production costs, market conditions and position
- Process for ongoing monitoring of bakery performance is confirmed to inform product changes
- Determine presentation for retail bakery
- Determine packaging and presentation of bakery products
- Types of packaging for bakery products are identified and assessed for suitability to meet market conditions
- Labelling design and features are determined to meet consumer information requirements
- Compliance of labelling and packaging with legislative requirements is confirmed
- Display area is examined and suitability to meet consumer needs assessed
- Options for display and presentation of bakery products are identified and strategy selected to maximise consumer appeal
- Determine promotional mix for bakery products
- Key events influencing consumer bakery purchases are identified and product range selected
- Consumer information requirements on bakery products are identified and strategies for meeting these needs are determined
- Options for marketing and promotion of bakery products are examined and suitable strategies selected
- Promotional ideas and options are documented