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Company Descriptions
Company Descriptions
Company descriptions:
Wicked Good Cupcakes was formed by mother and daughter Tracey Noonan
royalties.
Since their appearance on Shark Tank, Wicked Good Cupcakes has become
the "go to" website to buy unique and gourmet baked goods online. They
continue to grow and innovate, constantly creating new products for their
customers. To this day, everything they do is still homemade and baked from
2. Products descriptions:
Original products are cupcakes in jar. Each jar is hand packed with the
US.
These Wicked Good cupcake jars make great gifts for any occasion or just
In addition, they have other versions for the customer: cupcakes in birthday
3. Global market:
Wicked Good Cupcakes is still in the US market only. However, the investor
and also the counselor of the company, Shark Kevin O'Leary is known as the
US borders.
accounted for 18%. Meanwhile, dessert cakes are still the most choices to
Americans.
However, the tastes of customer are changing. According to the report by MIX:
Food,
“Indeed, consumers are willing to pay a little bit extra for a small indulgence made
the market has seen with the high-end cupcake and donut trends”
“According to Euromonitor (2011), total retail sales of cakes in the U.S. were
“New television shows focusing on cakes and cupcakes and a shift away from
only dessert and special occasion consumption, combined with more in-home
entertaining due to the recession, is supporting growing sales for both in-grocery
2012
kg/person/year of the world. The report also indicated that 65% of consumers
in rural area were not interested in sweet cakes in general. Therefore, the