RIESTER’s work with MegaMex Foods delivers sales growth.
Our client, MegaMex Foods, is reporting a substantial increase in sales today. RIESTER’s work with MegaMex Foods utilized our full Brand Activism process and delivered results accordingly. The first phase of this process is Brand Assessment. RIESTER utilized the client’s market research, enhanced it, and assisted them in defining strategies for each of their brands. We then developed creative campaigns based on the foundation established by RIESTER’s rigorous strategic processes.
Brand Activism delivers! Below is a sample of our work for the Herdez® brand and information from Hormel Foods with additional details on the MegaMex Foods marketing success:
From today’s release:
Hormel Foods Celebrates Growth of MegaMex Foods at its Annual Shareholder Meeting
During its annual shareholder meeting in Austin, Minn., on Jan. 31, 2012, Hormel Foods Corporation (NYSE: HRL), a multinational marketer of consumer-branded food and meat products, celebrated the growth of MegaMex Foods, its 50/50 joint venture with Herdez del Fuerte. Since its inception just two years ago, MegaMex Foods has increased sales by more than 150 percent.
“The focus of MegaMex Foods is to bring the spirit of Mexico to every table,” said James M. Splinter, group vice president, Grocery Products at Hormel Foods. “Great brands like Herdez®, CHI-CHI’S®, La Victoria®, Don
Miguel®, and the new additions to MegaMex Foods, Wholly Guacamole®, Wholly Salsa® and Wholly Queso®, will help us accomplish this goal. We are excited about the future because our expectation for this business is that it will continue to grow at an accelerated rate exceeding that of our core Grocery Products portfolio.”
MegaMex Foods was a key driver of success for Hormel Foods which experienced record success in fiscal year 2011. To highlight this achievement, Jeffery M. Ettinger, chairman of the board, president and chief executive officer at Hormel Foods, offered remarks on the company’s recent growth.
Read the full release from Hormel Foods here.
Today’s consumers are shaped by the fashion, art, music and food from many far away places and celebrations like Cinco de Mayo remind us of the magnitude of these influences.
