Marketing Ag Products Original Power Point Created by Owen Thomason Modified by the GA Agriculture Education Curriculum Office July 2002 August 2008 What is Marketing? • The performance of all business activities involved in the forward flow of food and fiber from farm producers to consumers. • Moving farm products to the consumer by means of innovative selling and advertising. August 2008 How do I market my product? • Determine a plan of action • Cost vs. Price • Users/Consumer • Packaging • Delivery • Advertisement? • Evaluation August 2008 Determine a Plan of Action • • • • • • What am I going to sell? How am I going to sell this product? Who will buy my product? How much do I charge? How will I deliver the product? Can I find my niche? August 2008 Cost vs. Price • What does it cost to produce this product? • What will it cost to package, deliver, advertise, and market this product? • What is a reasonable profit for this product? • What price will the market accept? August 2008 Who Will Buy My Product? • • • • • • Local State or Regional National Specialty/Value Added Ethic Niche August 2008 Packaging Your Product • • • • • Bulk Individualized/Small Parcels Boxed Shrink Wrapped Other August 2008 Delivery of Your Product • • • • • • August 2008 Trucking Personal Delivery Delivery Service Custom Hire Farmers Market Other Advertisement • • • • • • • Flyers Newsprint Television/Radio Internet Word of Mouth Reputation Promotional Items August 2008 Evaluation • • • • • • What is the bottom line? Time vs. Profit Communication with buyers Additional Resources needed Problems? Was it worth the effort? August 2008 How do I Present My Product to Consumers? • Positive terms • Make the consumer want what you have • Have the consumer believe they must have your product • Define your product to their needs August 2008 Chicken Litter • • • • • • Compost Organic Fertilizer Soil Amendments Feed Additive Animal Supplement Nutritional Component August 2008 Be a Price Maker • Price takers settle for what the market tells them. • Price Makers market what they have into a higher profit August 2008 Value Added Marketing • Instead of selling steers at the sale barn, sell the carcass to individuals who want grass fed or grain fed home raised calves • Instead of hay, sell high quality, tested, weighed forages delivered to your farm. • Instead of chicken litter, sell composted, low odor fertilizer. August 2008
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