Economics

 Industry Partners


Prairie Swine Centre is an affiliate of the University of Saskatchewan


Prairie Swine Centre is grateful for the assistance of the George Morris Centre in developing the economics portion of Pork Insight.

Financial support for the Enterprise Model Project and Pork Insight has been provided by:



Author(s): A. Ivanauskas
Publication Date: March 30, 2011
Reference: London Swine Conference, 2011
Country: Canada

Summary:

Brand identity can help garner customer loyalty, but also has an economic impact through increased revenue and market shares, and decreased price sensitivity. A clear image around a product helps to create a brand. Canadian Pork can become a brand for global and domestic consumers. The chicken and beef industries have managed to create brands of their own: chicken through superior air-chilled products, and beef through premium graded beef. Pork can become branded through a grading system, and features like colour and marbling. Branding marbling as a better tasting product with naturally occurring fat can make it a premium product, but having premium lean products as well could be achieved through a two-tier classification system.

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