the kosher marketplace prepared by welfeld pr agency
Download
Skip this Video
Download Presentation
The Kosher Marketplace Prepared By Welfeld PR Agency

Loading in 2 Seconds...

play fullscreen
1 / 29

The Kosher Marketplace Prepared By Welfeld PR Agency - PowerPoint PPT Presentation


  • 263 Views
  • Uploaded on

The Kosher Marketplace Prepared By Welfeld PR Agency. The Global Kosher Marketplace A Story of Growth. Kosher Food is a $12 billion industry. Sustained 15\% growth rate year over year. More than 500,000 products are certified kosher. Over 2,500 new products certified kosher each year.

loader
I am the owner, or an agent authorized to act on behalf of the owner, of the copyrighted work described.
capcha
Download Presentation

PowerPoint Slideshow about 'The Kosher Marketplace Prepared By Welfeld PR Agency' - medwin


An Image/Link below is provided (as is) to download presentation

Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author.While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server.


- - - - - - - - - - - - - - - - - - - - - - - - - - E N D - - - - - - - - - - - - - - - - - - - - - - - - - -
Presentation Transcript
the global kosher marketplace a story of growth
The Global Kosher MarketplaceA Story of Growth
  • Kosher Food is a $12 billion industry.
  • Sustained 15% growth rate year over year.
  • More than 500,000 products are certified kosher.
  • Over 2,500 new products certified kosher eachyear.

Source: Mintel Market Research, “Kosher Foods Market – US Report,” March, 2003

who buys kosher
Who Buys Kosher ?
  • Kosher observant Jews
  • Muslims and Seventh Day Adventists
  • General consumers who believe kosher is safer / healthier / better
  • Vegetarians / Vegans
  • Dietary Restrictions – for example: Lactose, Shellfish and Gluten Intolerant
  • Health/safety conscious consumers

Nearly 80% of All Kosher Food Sales are Outside of the “Traditional” Jewish Market!

kosher consumer purchasing behavior
Kosher Consumer Purchasing Behavior
  • 58% of consumers buy kosher because they keep kosher occasionally
  • 55% of consumers buy kosher because they believe kosher food products are safer and healthier
  • 38% of consumers buy kosher because they want vegetarian products
  • 24% of consumers buy kosher because they want dairy-free products
  • 16% of consumers are looking for halal products and therefore buy kosher products
  • 15% of consumers keep kosher all the time
choosing a certifier the ou advantage
Choosing a Certifier – The OU Advantage!

Summary of WAC Study

  • For millions of consumers, OU kosher signifies accountability, acceptability and quality.
  • According to the New York Times, getting a kosher certification is “a shrewd way for a company to gain market share for a minimal investment.” No kosher certification conveys the message, or can gain your company greater market access, than the Orthodox Union.
  • The OU, one of the world’s best-known trademarks, immediately and universally enhances a company’s products, affecting the perception of its quality, and increasing its marketability.
  • A recent study conducted by WAC Survey and Strategic Consulting reveals OU leadership
summary of findings from wac survey
Summary of Findings from WAC Survey
  • The overall rating of OU certification is significantly higher than for any other kosher certification symbol.
  • OU Universal strengths are:

* Largest Kosher Certification Organization

* Most Widely Accepted Certification

* Most Reliable Certification

* Leader In The Field

* Most Respected

  • Best known, most widely purchased
  • By a 3 to 1 margin, OU is the symbol most often found on the food purchased by respondents.
  • By a 2 to 1 margin, OU is the symbol that comes to mind when a respondent thinks of kosher certification.
  • By a 2 to 1 margin, OU is the symbol respondents would select as their first choice to purchase.
summary of findings from wac survey7
Summary of Findings from WAC Survey
  • The Power Of Kosher Certification
    • 82% can recognize a kosher certification symbol
    • 66% usually choose to buy a product with a kosher certification symbol
    • Six of 10 who don’t buy store brands would do so if it had a preferred kosher certification symbol.
  • There are many faces of the kosher consumer who purchase kosher because:
    • Feels
      • Kosher products are ‘better for you’
      • Safer
      • Cleaner
    • Link to Natural/Organic products
    • Based on need
      • Lactose free
      • Gluten free
      • Vegetarian
  • There is great demand among kosher consumers for more variety, broader selection
summary of findings from wac survey8
Summary of Findings from WAC Survey
  • OU is consistently perceived to be the leading kosher symbol on all of the important consumer marketing and positioning criteria:
    • awareness,
    • reliability,
    • trust,
    • familiarity
    • purchase interest
  • Respondents express that the OU symbol communicates and stands for (i.e., has ‘equity’ in) critically important images and attributes:
    • “certified kosher,”
    • “reliable,”
    • “trustworthy”
    • ‘‘from the Orthodox Union’’
    • “high quality standards”
ou ranked highest on all measures and attributes
Top of mind

Most reliable

Bought most often

First choice

Largest certification organization

Most widely accepted

The Standard for reliability

Leader in its field

Most respected

Most personally trusted

Covers broadest range of products

Most comfortable with

Superior information

Makes easier to make brand choices

Trendsetter in serving users

Motivates me to buy products advertised

Stands for high quality

Goes beyond certifying food products as kosher

Cleanest products

Safest products

Best tasting products

Stands for the most healthy products

Freshest products

OU Ranked Highest on All Measures and Attributes
who is buying kosher
Who is Buying Kosher?
  • A closer look at who buys kosher and why the OU symbol rates highest
    • Ultra-religious
    • Core (i.e., year round kosher observance)
    • Fringe (i.e., buy kosher food on occasion/holiday kosher observance)
    • Crossover (i.e., non-Jewish who sometimes buy kosher food products)
    • Lactose Intolerant
    • Muslim
    • Health Conscious
who is buying kosher11
Who is buying kosher?
  • Ultra-Religious
    • OU comes to mind most when asked to name a kosher certification
    • By a 3 to 1 margin, OU is the symbol most often on the food purchased
      • “routine/habit,” “easy,” “superior quality” and “only one available”
    • By a 2 to 1 margin, OU is the first choice to purchase
      • “reliable/trusted”
    • OU is the symbol with the greatest purchase interest
    • A kosher certification is of the utmost importance with a rating 10 (scale of 1-10)
    • Average weekly food spend: $220
who is buying kosher12
Who is Buying Kosher?
  • Core (Buy kosher food year round)
    • OU is the symbol that comes to mind most when asked to think of kosher certification
    • By a 5 to 1 margin, OU is the symbol most often on the food purchased by Core respondents
      • “easy,” ‘routine/habit,” “only one available” and “easy”
    • By 4 to 1 margin, OU is the first choice to purchase
      • “it’s reliable/trusted” and “familiar”
    • OU is the symbol with the greatest purchase interest
    • A kosher certification is extremely important to Core respondents with an average rating of 9.3 ( 1 - 10 scale)
    • Average weekly food spend: $158
who is buying kosher13
Who is Buying Kosher?
  • Fringe (Buy kosher food on occasion)
    • OU is the symbol that comes to mind most when a Fringe respondent is asked to think of kosher certification
    • By a 2 to 1 margin: most often on the food purchased
      • “easy,” ‘routine/habit,” “superior taste” and “superior quality”
    • By a 9 point margin, OU is the first choice to purchase
      • “it’s familiar,” “high quality standards,” “easy to find,” and “indicates kosher”
    • OU is the symbol with the greatest purchase interest
    • A kosher certification is moderately important with a rating of 6.5 (1 to 10 scale)
    • Average weekly food spend: $96
who is buying kosher14
Who is Buying Kosher?
  • Crossover (Non-Jewish, sometimes buy kosher food)
    • OU comes to mind most
    • OU among most frequently purchased
      • “superior taste,” and “superior quality”
    • OU is a first choice for purchase because it is “familiar”
    • OU is the symbol with the greatest purchase interest
    • Average weekly food spend: $63
who is buying kosher15
Who is Buying Kosher?
  • Lactose Intolerant
    • More than 2 to 1, OU comes to mind when asked to think of kosher certification
    • 6 to 1 most often on food purchased
      • “superior quality,” “easy,” ‘routine/habit,” “only one available” and “superior taste”
    • 2 to1 the symbol would select as first choice because it is “reliable/trusted” and “familiar/recognizable/well known”
    • Kosher certification is fairly important to this group with a rating 7.5 on a scale of 1-10
    • Average weekly food spend: $173
who is buying kosher16
Who is Buying Kosher?
  • Muslim
    • OU among the symbols that comes to mind most when asked to think of kosher certification
    • “superior taste,” “superior quality,” “easy,” “makes me feel good” and “routine”
    • OU a first choice
      • “reliable,” ‘familiar,” “good quality” and “certified by a rabbi”
    • The overall opinion of OU certification (Excellent to Poor) is higher than for any other certification symbol
    • A kosher certification is of fairly importance with an average rating of 7.6

on a scale of 1-10

    • Average weekly food spend: $113
who is buying kosher17
Who is Buying Kosher?
  • Health Conscious (some respondents in all previous categories also identified as “health conscious”)
    • More than 2 to 1 OU comes to mind when asked to think of a kosher certification
    • More than 3 to 1 OU is the symbol most often on the food purchased
      • “superior quality” “easy” “routine/habit” “superior taste”
    • More than 2 to 1 OU is the symbol would select as first choice because it is “reliable/trusted” and “familiar/recognizable/well-known”
    • OU symbol communicates “authentic”
    • Kosher certification is fairly important with a of rating 7.2 on a scale of 1-10
    • Average weekly food spend: $113
about the ou
About the OU
  • The OU Certifies over 500,000 products worldwide, manufactured in 6,000 plants located in 83 countries around the globe.
  • 55 Rabbinic Coordinators serve as account executives in the OU New York headquarters.
  • Over 400 Rabbinical Field Representatives around the world authorizing kashrut certifications.
choosing a certifier the ou advantage19
Choosing a Certifier – The OU Advantage!

“Universally Recognized & Respected As The

Good Housekeeping Seal of Approval”

  • Forbes Magazine – “If you want to know if your food is kosher, you can look for the Orthodox Union’s OU symbol.”
  • Wall Street Journal – “Often labels will sport an ‘O’ with a ‘U’ inside. This is the stamp of approval of the largest kosher-certification body, and basically means there’s no need to read the label….”
  • New York Times – “ Triaminic, cough syrup receives coveted seal of approval from the Orthodox Union.”
appendix 1
Appendix 1

The following slides highlight key results from the research

slide21
Reasons OU is first choice(percentages) The OU certification symbol is a first choice primarily due to trust (particularly among the Core group), and familiarity (among all groups)
slide22
Statements describing symbols: OU (average on 1 to 10 scale)The OU symbol is highly rated on key attributes (trust, wide acceptance, THE standard) and most favorably by the Core group
traditional kosher buyers are highly valuable shoppers throughout the year
Annual Buyer Worth

Average Basket Ring

+47%

Traditional Kosher buyers are highly valuable shoppers throughout the year

Kosher buyers tend to be the retailer’s most valuable customers

Source: Cannondale Associates ShopperGenetics® Analysis, 2006

slide28
Importance of the certification symbol on food (average on 1 to 10 scale)As expected, importance of a certification symbol varies by group
slide29
11 Broadway

New York, NY 10004

www.OUKosher.org

For More Information

Please Contact

Rabbi Eliyahu Safran

V.P. of Communications and Marketing

[email protected]

212-613-8115

Phyllis Koegel

New Business Development

[email protected]

212-613-8237

ad