Yep. They have a product people like and those people like it so much they do the marketing for them. It is the dream of any company to not have to do traditional marketing and advertising.
And what more would I possibly want from their product? It is a good product at a reasonable price. People are going to go with what they like.
All you have to do at this point is not mess that up. Don’t try to increase profit margins by raising prices or changing the formula. And don’t do anything that is going to lower brand recognition.
The biggest risk to Heinz ketchup, for example, is their premium price. Restaurant owners often go with a different ketchup because Heinz costs significantly more. Obviously Kraft-Heinz has determined that they can make more money this way and since they have strong brand recognition it probably won’t harm them.
And what more would I possibly want from their product? It is a good product at a reasonable price. People are going to go with what they like.
All you have to do at this point is not mess that up. Don’t try to increase profit margins by raising prices or changing the formula. And don’t do anything that is going to lower brand recognition.
The biggest risk to Heinz ketchup, for example, is their premium price. Restaurant owners often go with a different ketchup because Heinz costs significantly more. Obviously Kraft-Heinz has determined that they can make more money this way and since they have strong brand recognition it probably won’t harm them.