The marketing strategies of Heinz Assignment Example | Topics and Well Written Essays - 2000 words

The marketing strategies of Heinz - Assignment Example This report is designed to have an insight about an organization that is about to conduct some market research into consumer buying habits for the products and services that this company has for sale. Moreover, this research will address the obstacles in the way of the operations of Heinz and their competitors in order to clarify the current and future market standing of the company. Henry John Heinz, the founder of this company said that he learned from his parents’ idea of business which was, â€Å"Deal with the seller so justly that he will want to sell to you again.† He believed in fair play in the business and this quality of him had made him a successful businessman. He founded Heinz almost 150 years ago. Heinz was formed in Sharpsburg (a suburb of Pittsburgh), Pennsylvania, in 1869 by entrepreneur Henry John Heinz. To this day the company has become a global business dealer in the consumer food industry. Heinz is a $10.7 billion global company. The products of He inz enjoy #1 or #2 market share in more than 50 countries. Every year the company sells 650 million bottles of its iconic Ketchup. Heinz's top 15 power brands are counted as more than two-thirds of its annual sales. There are about 35000 people that are employed by Heinz in almost 50 countries around the globe. Heinz is a liable corporate citizen dedicated to safe practices, environmental stewardship and giving back to the society. The basic task required in this report is to find the appropriate research procedure and outlines its merits and de-merits. Further it is required to analyze the research by proper sampling procedure for accumulating substantial and real results. 4 External or in-house research