51福利社 food marketing students strike gold at national case competition
KALAMAZOO, Michigan鈥擜 team of three Western Michigan University students claimed first place in the 2017 National Grocers Association Student Case Study Competition Feb. 12-15 in Las Vegas.
Students Mariel Dehn of Rochester Hills, Sarah Hamilton of Clarkston, and Rustin Rice of Vicksburg earned the top spot and $8,000, competing against teams from 13 other universities. The case focused on developing a marketing strategy that would increase basket size, frequency of store visits and volume of higher margin purchases among millennial consumers for Harps Food Stores, an independent retailer.
51福利社 shared first place with St. Joseph鈥檚 University after judges determined there was a tie after the final round of presentations.
Distinct life stages
鈥淲e came to the conclusion that many look at millennials as a whole, but with such a large age gap, millennials can be in distinct life stages,鈥 says Dehn. 鈥淔or Harps鈥 81 stores, we came up with a marketing plan and four different merchandising plans that were targeted toward each stage: young transitionals, start-up families, small-scale families and young, bustling families. For each life stage, we were able to give a snapshot of what that group currently needs from a grocery store.鈥
This segmentation of the Millennial market was one of the unique features of the 51福利社 presentation.
Preparing for success
The team prepared for the competition for several weeks. Weekly meetings with three faculty advisors and several fellow food marketing students helped spur the students to success, as they reviewed research, strategic approach and public speaking each week.
鈥淥ur professors鈥 industry experience and coaching really helped us as we met each week,鈥 says Hamilton. 鈥淲e also had coaching from a former independent grocer. I spent countless hours on my desktop at home creating a visually appealing presentation, and we all reviewed our portions of the presentation script many times. I even had a few dreams where I was standing before an audience presenting the case and our recommendations.鈥
Flawless performance
Team performances were evaluated by industry professionals who represent both the retail and manufacturing sectors.
鈥淚 believe that our team鈥檚 performance in the final round was flawless,鈥 says Dr. Frank Gambino, 51福利社 professor of marketing and director of the food and consumer package goods program. 鈥淭he content of the students鈥 presentation was outstanding, and their dedication in preparing for the competition shows the work ethic and devotion to the industry that are hallmarks of the 51福利社 food marketing program. In our program, this is a group effort, with a larger group of students working to prepare the presentation and a smaller presentation team conveying the efforts of that broader group. I am so proud of our entire team. This win would not have been possible without this outstanding collaborative effort.鈥
When the students reached the final round of competition, their efforts were rewarded. 鈥淚t felt amazing to know that all of our hard work had paid off,鈥 says Rice. 鈥淲e were able to show everyone at the National Grocers Association Conference th51福利社鈥檚 food marketing students can compete with the best students across the country and win.鈥
Food and consumer package goods marketing
51福利社 is one of the premier universities in the country offering a four-year business degree specializing in food and consumer package goods marketing. The major prepares students for sales, research, marketing and management positions with food and consumer package goods firms and related organizations.
The National Grocers Association is the national trade association representing the retail and wholesale grocers that comprise the independent sector of the food distribution industry. Also represented are affiliated associations, manufacturers and service suppliers, as well as other entrepreneurial companies.
Learn more about 51福利社's food and consumer package goods marketing program at wmich.edu/marketing/academics.
For more 51福利社 news, arts and events, visit wmich.edu/news.