Marketing research, conducted for the purpose of new product development or product improvement, is often concerned with identifying the consumer's unmet needs. Customer needs are central to market segmentation which is concerned with dividing markets into distinct groups of buyers on the basis of "distinct needs, characteristics, or behaviors who might require separate products or marketing mixes."  Needs-based segmentation (also known as benefit segmentation) "places the customers' desires at the forefront of how a company designs and markets products or services."  Although needs-based segmentation is difficult to do in practice, it has been proved to be one of the most effective ways to segment a market. In addition, a great deal of advertising and promotion is designed to show how a given product's benefits meet the customer's needs, wants or expectations in a unique way.
“When one of the brides is a WNBA star you need a tall cake!!” Betsy Thorleifson, the baker behind Nine Cakes in Brooklyn, wrote of the 11-tier dessert she created for Donne and the Olympian’s big day. During the reception, which was put on by The Knot’s Dream Wedding franchise, the wedding cake standing at 6’5″ tall (the same height as Donne!) was wheeled onto the dance floor.
In the consumer-driven approach, consumer wants are the drivers of all strategic marketing decisions. No strategy is pursued until it passes the test of consumer research. Every aspect of a market offering, including the nature of the product itself, is driven by the needs of potential consumers. The starting point is always the consumer. The rationale for this approach is that there is no point spending R&D funds developing products that people will not buy. History attests to many products that were commercial failures in spite of being technological breakthroughs.
PANS: Pans and how you prepare them matter. Light colored pans (and glass) work the best for baking cakes. Dark metal absorbs heat faster and can result in the bottom and edges of your cake burning. The gold standard for preparing pans is the butter, flour, and parchment method. This is covering the pan in a thin coat of butter, dusting it with flour (or cocoa for chocolate cakes) and then lining the pan with parchment paper made to fit. You can also use my homemade GOOP (my favorite for intricate pans!) or non-stick baking spray.
During the Great Depression, there was a surplus of molasses and the need to provide easily made food to millions of economically depressed people in the United States. One company patented a cake-bread mix in order to deal with this economic situation, and thereby established the first line of cake in a box. In so doing, cake as it is known today became a mass-produced good rather than a home- or bakery-made specialty.
As we are working through these issues at CMI, it’s a great time to look for some inspiration and best practices for quality videos. What better place to mine for ideas than some of the best video-related sessions at Content Marketing World. From creating videos that people want to watch to finding ideas for those videos to following best practices for social media, here are some of the key takeaways from my favorite sessions about video.
At the Dancing with the Stars pros’ July wedding in Long Island, New York, the couple’s cake certainly took center stage. Made by pastry chef Daniel Andreotti, the four-tier stunner featured a twirling cascade of pink and white flowers and hundreds — if not thousands — of shimmery pearls. “There are so many flowers and candles and crystals everywhere,” the bride said while planning their big day. “I wanted the entire celebration to be super-chic and glamorous. I just wanted it to be just so pure and gorgeous.”
Marketing historically has marched to its own drummer, at best unevenly supporting strategy handed down from headquarters and, more commonly, pursuing brand or marketing goals (such as growing brand equity) that were not directly related to the overall business strategy. Today high-performing marketing leaders don’t just align their department’s activities with company strategy; they actively engage in creating it. From 2006 to 2013, our surveys show, marketing’s influence on strategy development increased by 20 percentage points. And when marketing demonstrates that it is fighting for the same business objectives as its peers, trust and communication strengthen across all functions and, as we shall see, enable the collaboration required for high performance.
The task-force model is both agile and disciplined. It requires a culture in which central leadership is confident that local teams understand the strategy and will collaborate to execute it. This works well only when everyone in the organization is inspired by the brand purpose and is clear about the goals. Google, Nike, Red Bull, and Amazon all embrace this philosophy. Amazon’s Jeff Bezos captured the ethos when he said at a shareholders’ meeting, “We are stubborn on vision. We are flexible on details.”
Halloween is the perfect time to break out the creativity, and your Halloween cake is the perfect place to start! Whether you start with boxed cake mix and add fun decoration or let us take you start-to-finish through an amazing Halloween cake recipe, there's something for everyone in this inspiring Halloween cake collection. They taste even better than they look, and take little skill to accomplish. Don't get spooked; give one of our Halloween cakes a try!
There are as many types of content marketing as there are types of content--far too many to cover here. My intent is to give you an introduction to content marketing and get you thinking like a content marketer so you’ll see the opportunities all around you. Soon you’ll be coming up with 50 content marketing ideas every day. You won’t be able to stop seeing opportunities to create content. Here are five examples to help your mind start percolating.
This trend became common and soon, baked products were getting sold in streets of Rome, Germany, London and many more. This resulted in a system of delivering the goods to households, as the demand for baked breads and goods significantly increased. This provoked the bakers to establish a place where people could purchase baked goods for themselves. Therefore, in Paris, the first open-air bakery of baked goods was developed and since then, bakeries became a common place to purchase delicious goods and get together around the world. By the colonial era, bakeries were commonly viewed as places to gather and socialize.