FratFiles

• Save Paper

Strategic Options
i) Attract non-users
Krispy Kreme has to date been very casual about taking a ‘push' approach to consumers. The majority of publicity and promotion the company undertakes utilizes word-of-mouth marketing and other free publicity such as free giveaways at public events. Krispy Kreme may wish to take a more aggressive approach, with a new media campaign that is specifically aimed at attracting new users. Whilst it has been noted that the doughnut industry is generally in decline, Krispy Kreme may wish to try and grow the category again, or at least stem the decline and gain greater market share of the smaller market. With other chains such as Dunkin Doughnuts, Winchell's and LaMar's focusing on coffee and other baked products, Krispy Kreme may be able to steal a large amount of market share from them.
This is, however, an expensive option in that mass media campaigns cost money. Further, it would potentially mean having to undertake wider retail placement which......

View the rest of this paper...

Approximate Word Count: 646
Approximate Pages: 3 (250 words per double-spaced page)

Similar Essays

1. Kripsy Kreme Strategic Options
   

   Kripsy Kreme Strategic Options Strategic Options i) Attract non-users Krispy Kreme has to date been very casual about taking a ‘push' approach to consumers. The majority of

2. 
   

3. 
   

4. 
   

5.