Factor Affecting Seed Marketing
Factor Affecting Seed Marketing
Factor Affecting Seed Marketing
Promotion
special promotion campaigns being planned When an individual company or
organization is estimating the market share which may be gained by its own
products, product performance, competitive positioning, price and promotion
are the most important factors which need to be taken into account. This will
form the basis of sales' forecasting and production planning.
The effect of price and farm income on demand
In general, 'the higher the price the lower the quantity purchased', especially where
there are substitutes available. In the case of seed, farmers can retain the grain of non-
hybrid crops, switch from hybrids to non-hybrids or grow different crops.
In addition to price, farm income is the major limiting factor affecting what a
farmer will spend on inputs. The farmer will have to balance the cost versus the benefit
before being persuaded to spend money on inputs such as seed and fertilizers.
Unfortunately, seed is often the one item that the farmer believes it is possible to save
money on, even though less is usually spent on seed than on any other input. He will
ask the questions: "What are the chances of getting a return on my investment?"-"Will
the rains cornet:"-"What will the market be like for the produce? " It must be
recognized that there are conflicting demands on farm income and the supplier of
inputs is competing for that income.
Marketing and promotional campaigns are designed to persuade farmers that seed
represents good value. Farmers often do not attribute value to seed since, in the case of
grain, they think they are producing the very product which they are being sold. Thus it
would seem to many farmers that they could just as easily replant their own grain.
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