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Marketing Ag Products. Original Power Point Created by Owen Thomason. Modified by the GA Agriculture Education Curriculum Office July 2002. What is Marketing?. The performance of all business activities involved in the forward flow of food and fiber from farm producers to consumers.
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Marketing Ag Products Original Power Point Created by Owen Thomason Modified by the GA Agriculture Education Curriculum Office July 2002
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.
How do I market my product? • Determine a plan of action • Cost vs. Price • Users/Consumer • Packaging • Delivery • Advertisement? • Evaluation
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?
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?
Who Will Buy My Product? • Local • State or Regional • National • Specialty/Value Added • Ethic • Niche
Packaging Your Product • Bulk • Individualized/Small Parcels • Boxed • Shrink Wrapped • Other
Delivery of Your Product • Trucking • Personal Delivery • Delivery Service • Custom Hire • Farmers Market • Other
Advertisement • Flyers • Newsprint • Television/Radio • Internet • Word of Mouth • Reputation • Promotional Items
Evaluation • What is the bottom line? • Time vs. Profit • Communication with buyers • Additional Resources needed • Problems? • Was it worth the effort?
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
Chicken Litter • Compost • Organic Fertilizer • Soil Amendments • Feed Additive • Animal Supplement • Nutritional Component
Be a Price Maker • Price takers settle for what the market tells them. • Price Makers market what they have into a higher profit
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.