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Finding uncontested markets for European fruit and vegetables through applying the Blue Ocean Strategy
20
Citations
10
References
2012
Year
Applied EconomicsTradeUncontested MarketsAgricultural EconomicsConsumer ResearchBrand StrategyVegetables IndustryFood MarketingHistory Of MarketingManagementEconomic AnalysisCommercial PolicyEuropean FruitGlobal MarketingGlobal StrategyFood PolicyFood DistributionEconomicsMarket DevelopmentBlue EconomyStrategyMarketing TheoryStrategic ManagementMarketingBusiness EcosystemBlue Ocean StrategyBusinessBusiness StrategyMarketing InsightsMarketing Strategy
Purpose The purpose of this paper is to discover an uncontested market space in the European fruit and vegetables industry (EFVI), and thereby assess the ex‐ante applicability of the Blue Ocean Strategy of Kim and Mauborgne. Design/methodology/approach The search for an untapped market space made it necessary to first configure the logic of the Blue Ocean Strategy, which the authors coined the BOS‐framework. Next, the application to the EFVI required a two‐stage research strategy, namely desk research with six case studies, and a large survey. Findings The findings confirm that the Blue Ocean Strategy‐framework enables one to identify ex ante an untapped market space, characterized by the combination of sweeties' attributes with fresh fruit. The revolutionary untapped market space which the authors arrived at is “Youngfruit”, targeted at the new buyer group children and teenagers. Originality/value The research provides important insights in future key success factors to set oneself apart from competitors and change the rules of the game in the very competitive EFVI. Furthermore, this paper is (one of) the first to assess empirically the qualities and limitations of the Blue Ocean Strategy.
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