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Price differentials of moon cakes before and after Mid-Autumn Festival in Hong Kong

Price differentials of moon cakes before and after Mid-Autumn Festival in Hong Kong. 4U Sammi Kwok (14) Melissa Law(19) Olivia Yuen(40). Introduction. Mooncake is a sesonal product Festival food for Mid-autumn festival Most demanded in August and September. Producer.

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Price differentials of moon cakes before and after Mid-Autumn Festival in Hong Kong

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  1. Price differentials of moon cakes before and after Mid-Autumn Festival in Hong Kong 4U Sammi Kwok (14) Melissa Law(19) Olivia Yuen(40)

  2. Introduction • Mooncake is a sesonal product • Festival food for Mid-autumn festival • Most demanded in August and September

  3. Producer • Major players: Kee Wah, Maxim, Wing Wah, St Honore, Tai Pan, etc. • Maxim-- market leader with number 1 sales in the past 4 consecutive years

  4. Kee Wah(奇華餅家) List retail selling price before mid-autumn festival • Lowest: $65 (Mini series) • Highest: $620 (Royal gift box) • Average: $198 (Regular)No price cut promotion

  5. Mooncake Price during Mid-Autumn Festival Assorted Mooncakes with Tea Gift HK $252.00* Mooncakes of Golden Lotus Seed Paste w/2 Yolks (2 pieces),  Mooncakes of Chinese Ham (2 pieces) and Chinese Tea (1 pack) Chinese Ham and Mixed Nuts Mooncakes HK $238.00*Mooncakes of Chinese Ham and Mixed Nuts (4 pieces)

  6. Mooncake Price during Mid-Autumn Festival Assorted Gift Box HK $218.00* Mooncakes of Golden Lotus Seed Paste w/2 Yolks (1 piece), 8 Mini Mooncakes of : Golden Lotus Seed Paste w/ Yolk, White Lotus Seed Paste w/ Yolk, Chines Ham w/ Mixed Nuts, Pineapple w/ Yolk, Black Date w/ Pine Seed, Walnut and Desiccated Coconut, Green Bean Paste w/ Yolk, Red Bean Paste w/ Yolk

  7. List retail selling price during mid-autumn festival • Lowest: $75 (Mini series) • Highest: $620 (Royal gift box) • Average: $208 (Regular)

  8. Sales Promotion during Mid-Autumn Festival • Coupon promotion • Added Value (Buy coupon get gift pack) • Taste testing demonstration • Staff Sale • Quantity discount (30%off for 20boxes)

  9. Price Differentials before and during Mid-Autumn Festival • Lowest: Before:$65 (Mini series) During:$75 Difference of $10 • Highest: Before:$620 (Royal gift box) During:$690 Difference of $70 • Average: Before:$198 (Regular) During:$208 Difference of $10

  10. Special moon cake • Other then the traditional moon cake, some shops will produce moon cake only in Mid-Autumn Festivals increase their income. To attract customers, they usually produce moon cake with special taste and shape.

  11. Starbucks • Green tea moon cake • Coffee&Nuts moon cake

  12. Early Bird Privilege: $168 Regular Price: $198 Difference: $30

  13. Other Moon Cake

  14. Other Moon Cake

  15. Other Moon Cake

  16. The END

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