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TM TM The Marketing of Farm-raised Largemouth Bass Siddhartha Dasgupta, Richard Bryant, and Ashya Dozier Kentucky State University College of Agriculture, Food Science and Sustainable Systems Cooperative Extension Program

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Page 1: The Official Marketing of Farmraised Largemouth Bass · • Obtained farm-raised largemouth bass from a commercial farm in Kentucky • Two fish and a questionnaire were distributed

TMTM

The Marketing of Farm-raised

Largemouth BassSiddhartha Dasgupta, Richard Bryant, and Ashya Dozier

Kentucky State University

College of Agriculture, Food Science and Sustainable Systems

Cooperative Extension Program

Page 2: The Official Marketing of Farmraised Largemouth Bass · • Obtained farm-raised largemouth bass from a commercial farm in Kentucky • Two fish and a questionnaire were distributed

Purpose

� The purpose of the study is to examine chefs’

perceptions of largemouth bass

� Surveyed Kentucky restaurants

� The results were used to determine:

� Restaurant-demand

� Willingness to pay

� Preferred delivery schedules

Page 3: The Official Marketing of Farmraised Largemouth Bass · • Obtained farm-raised largemouth bass from a commercial farm in Kentucky • Two fish and a questionnaire were distributed

Method

• Obtained farm-raised largemouth bass from a

commercial farm in Kentucky

• Two fish and a questionnaire were distributed

to each restaurants

• Follow-up calls, online questionnaires, and

restaurant pick up were all used to collect

results

Page 4: The Official Marketing of Farmraised Largemouth Bass · • Obtained farm-raised largemouth bass from a commercial farm in Kentucky • Two fish and a questionnaire were distributed

Response

• 33 restaurants received the largemouth bass

samples and questionnaires

• 12 restaurants responded to the survey

• Mostly form Lexington and Louisville

Page 5: The Official Marketing of Farmraised Largemouth Bass · • Obtained farm-raised largemouth bass from a commercial farm in Kentucky • Two fish and a questionnaire were distributed

RESULTS

Page 6: The Official Marketing of Farmraised Largemouth Bass · • Obtained farm-raised largemouth bass from a commercial farm in Kentucky • Two fish and a questionnaire were distributed

Yes33%

No67%

Proportion of Restaurants Offering Freshwater Fish

Page 7: The Official Marketing of Farmraised Largemouth Bass · • Obtained farm-raised largemouth bass from a commercial farm in Kentucky • Two fish and a questionnaire were distributed

Yes100%

Proportion of Restaurants Offering Locally-grown Food

Page 8: The Official Marketing of Farmraised Largemouth Bass · • Obtained farm-raised largemouth bass from a commercial farm in Kentucky • Two fish and a questionnaire were distributed

Weekly58%

Seasonally17%

Whenever I can get it25%

Preferred Delivery Schedule for Fresh, Locally-raised Fish

Page 9: The Official Marketing of Farmraised Largemouth Bass · • Obtained farm-raised largemouth bass from a commercial farm in Kentucky • Two fish and a questionnaire were distributed

Whole fish18%

Gutted fish23%

Live fish6%

Fillets53%

Preferred Form of Largemouth Bass

Page 10: The Official Marketing of Farmraised Largemouth Bass · • Obtained farm-raised largemouth bass from a commercial farm in Kentucky • Two fish and a questionnaire were distributed

Yes17%

Not Sure83%

Willingness to Purchase Largemouth Bass

Page 11: The Official Marketing of Farmraised Largemouth Bass · • Obtained farm-raised largemouth bass from a commercial farm in Kentucky • Two fish and a questionnaire were distributed

Wealthy18%

Upper middle class29%

Middle class24%

Mixed29%

Socio-economic Status of Customers

Page 12: The Official Marketing of Farmraised Largemouth Bass · • Obtained farm-raised largemouth bass from a commercial farm in Kentucky • Two fish and a questionnaire were distributed

Importance of Food Attributes

• Attributes Measured

– Locally-grown

– Freshly-harvested

– Directly from the farmer

– Locally-grown, fresh fish

• Measurement Scale:

– 0 (not important)

– 10 (very important)

Page 13: The Official Marketing of Farmraised Largemouth Bass · • Obtained farm-raised largemouth bass from a commercial farm in Kentucky • Two fish and a questionnaire were distributed

Importance of Locally-Grown Food

8% 8%

17%

25%

8%

33%

0%

5%

10%

15%

20%

25%

30%

35%

0 1 2 3 4 5 6 7 8 9 10Scale

Page 14: The Official Marketing of Farmraised Largemouth Bass · • Obtained farm-raised largemouth bass from a commercial farm in Kentucky • Two fish and a questionnaire were distributed

Importance of Freshly-Harvested

Food

8%

33%

8%

50%

0%

10%

20%

30%

40%

50%

60%

0 1 2 3 4 5 6 7 8 9 10

Scale

Page 15: The Official Marketing of Farmraised Largemouth Bass · • Obtained farm-raised largemouth bass from a commercial farm in Kentucky • Two fish and a questionnaire were distributed

Importance of Food Directly from

the Farmer

8% 8% 8% 8%

17%

8%

42%

0%

5%

10%

15%

20%

25%

30%

35%

40%

45%

0 1 2 3 4 5 6 7 8 9 10

Scale

Page 16: The Official Marketing of Farmraised Largemouth Bass · • Obtained farm-raised largemouth bass from a commercial farm in Kentucky • Two fish and a questionnaire were distributed

Importance of Locally-Grown Fresh

Fish

17%

25% 25%

8% 8% 8% 8%

0%

5%

10%

15%

20%

25%

30%

0 1 2 3 4 5 6 7 8 9 10

Scale

Page 17: The Official Marketing of Farmraised Largemouth Bass · • Obtained farm-raised largemouth bass from a commercial farm in Kentucky • Two fish and a questionnaire were distributed

Preference for Largemouth Bass

• Attributes Measured

– Fish Texture

– Flavor

– Appearance

– Overall

• Measurement Scale:

– 0 (extreme dislike)

– 10 (extreme like)

Page 18: The Official Marketing of Farmraised Largemouth Bass · • Obtained farm-raised largemouth bass from a commercial farm in Kentucky • Two fish and a questionnaire were distributed

How did you like the texture?

18%

9% 9%

36%

27%

0%

5%

10%

15%

20%

25%

30%

35%

40%

0 1 2 3 4 5 6 7 8 9 10

Scale

Page 19: The Official Marketing of Farmraised Largemouth Bass · • Obtained farm-raised largemouth bass from a commercial farm in Kentucky • Two fish and a questionnaire were distributed

How did you like the flavor?

8% 8%

17%

8%

33%

8%

17%

0%

5%

10%

15%

20%

25%

30%

35%

0 1 2 3 4 5 6 7 8 9 10

Scale

Page 20: The Official Marketing of Farmraised Largemouth Bass · • Obtained farm-raised largemouth bass from a commercial farm in Kentucky • Two fish and a questionnaire were distributed

How did you like the appearance?

8%

17% 17%

8%

50%

0%

10%

20%

30%

40%

50%

60%

0 1 2 3 4 5 6 7 8 9 10

Scale

Page 21: The Official Marketing of Farmraised Largemouth Bass · • Obtained farm-raised largemouth bass from a commercial farm in Kentucky • Two fish and a questionnaire were distributed

Overall Opinion of the Fish

9%

18%

9%

18%

45%

0%

5%

10%

15%

20%

25%

30%

35%

40%

45%

50%

0 1 2 3 4 5 6 7 8 9 10

Scale

Page 22: The Official Marketing of Farmraised Largemouth Bass · • Obtained farm-raised largemouth bass from a commercial farm in Kentucky • Two fish and a questionnaire were distributed

Preferences for alternative fresh products on 0-10 scale, where 0

means "I hate this product." and 10 means "I love this product.".

12% 13% 12%

3% 3%4%

15%

3%

19%

12%

3%

0%

5%

10%

15%

20%

25%FILLETS small fish $12/lb

GUTTED large fish $12/lb

WHOLE small fish $6.25/lb

WHOLE small fish $12/lb

GUTTED small fish $18/lb

FILLETS small fish $18/lb

GUTTED small fish $6.25/lb

WHOLE large fish $18/lb

FILLETS large fish $6.25/lb

WHOLE large fish $6.25/lb

FILLETS large fish $18/lb

Page 23: The Official Marketing of Farmraised Largemouth Bass · • Obtained farm-raised largemouth bass from a commercial farm in Kentucky • Two fish and a questionnaire were distributed

Conclusions

• The most preferred product and price are fillets at $6.25/lb.

• The least preferred product was whole bass.

• 100% serve locally grown foods in their restaurant.

• 83% indicated that they were unsure whether they would buy the fish.

• 53% of restaurants prefer fillets but the sample was whole on ice (preferred by 17%).

• Price is very important.

Page 24: The Official Marketing of Farmraised Largemouth Bass · • Obtained farm-raised largemouth bass from a commercial farm in Kentucky • Two fish and a questionnaire were distributed

Thanks to:

USDA Evans-Allen Program

USDA-AMS: FSMIP Program

Alex Philipchik