Natural Resources

Objective

To develop high quality innovative goods and services utilising key local natural resources and skills satisfying specific market demands.

Strategy

·        Extend Fuchsia Brand initiative to complementary economic sectors.

·        Use Fuchsia Brand profile to encourage new entrants in food, tourism and craft sector

·        Target high yield market segments in the marketing of local goods and services .

·        Assist niche product development in food, fisheries, tourism and craft.

·        Assess market potential and commercial opportunities for local goods and services.

·        Analyse local resource potential to aid new product development.

·        Promote recyclable / eco friendly packaging for Fuchsia Brand participants.

·        Develop market intelligence and information systems to assist the ongoing development and promotion of the Fuchsia Brand.

·        Develop niche export potential using local synergies and economies of scale.

Indicative Actions

-          Use regional profile to develop culinary tourism, particularly as an aid to reducing tourism seasonality and in strengthening linkages between tourism and complementary sectors

-          Assist artisan food producers to diversify by developing activities and services complementary to their core business.

-          Promote key destination resorts to stimulate non-peak tourism business

-          Develop and promote health/spirituality tourism

-          Adapt existing local food products (size, weight, packaging) for hamper/gift market.

-          Incorporate interactive elements into West Cork portal site to allow online sales of  Fuchsia Brand produce

-          Promote new product development through revival of local specialities and use of traditional foods.

-          Assess niche market opportunities for quality approved local goods and services in selected export markets.

-          Promote the establishment of a research and development facility for local food and fisheries firms to facilitate new product development and product evaluations and quality control testing.

Indicators & Targets

-          New economic sectors and activities incorporated into the Fuchsia Brand strategy

-          Number of new enterprises participating in the Fuchsia Brand initiative

-          Revenue earned from hamper/gift market

-          Number of Fuchsia Brand participants diversifying core activities and revenue earnings into complementary areas.

-          New export markets created

-          Value of export earnings of Fuchsia Brand produce

-          Number of tourism marketing initiatives targeted at specific market niches

-          Number of off-peak destination tourism marketing initiatives

-          Reservations and revenue earnings arising from same

-          Number of local and regional specialities developed/traditional foods revived

-          Number of new certified quality approved Fuchsia Brand participants.

-          Increase in product lines/categories marketed under the Fuchsia Brand initiative

-          Number of joint venture production or marketing initiatives undertaken between the Fuchsia Brand initiative and retail multiples

-          Capital expenditure incurred by Fuchsia Brand participants in developing increased production or visitor capacity

-          Increase in turnover, profitability and employment arising from Fuchsia Brand participation


 

 

 

 

 

 

 

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