Strengthening the Core Business of Farmers Markets through Strategic Business Planning

The current period of growth in the number of farmers markets is associated with higher demand for local food but also leads to more competition among farmers markets. Dealing with increased competition challenges the way that farmers markets are used to operating. In this commentary, the authors di...

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Main Authors: David J. Connell, Christopher Hergesheimer
Format: Article
Language:English
Published: Lyson Center for Civic Agriculture and Food Systems 2016-09-01
Series:Journal of Agriculture, Food Systems, and Community Development
Subjects:
Online Access:https://www.foodsystemsjournal.org/index.php/fsj/article/view/284
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author David J. Connell
Christopher Hergesheimer
author_facet David J. Connell
Christopher Hergesheimer
author_sort David J. Connell
collection DOAJ
description The current period of growth in the number of farmers markets is associated with higher demand for local food but also leads to more competition among farmers markets. Dealing with increased competition challenges the way that farmers markets are used to operating. In this commentary, the authors discuss how a business-oriented approach to strategic planning may help farmers markets respond to industry-wide changes. We first focus on what we refer to as the core business of a farmers market, whereby a farmers market can view itself as a business entity that functions separately from its vendors. We extend this discussion to strategic business planning and how competitive analysis can be used to better understand and thereby strengthen a farmers market's position in an increasingly competitive marketplace. Ideally, a business-oriented perspective should not compromise the special qualities of a farmers market but serve to enhance these qualities and add to the growth and development of a farmers market. The insights in this commentary are drawn from the general experiences of the authors.
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spelling doaj.art-9e0c48c6bf5c45e39d499806dff39b942023-09-02T18:32:54ZengLyson Center for Civic Agriculture and Food SystemsJournal of Agriculture, Food Systems, and Community Development2152-08012016-09-014410.5304/jafscd.2014.044.017284Strengthening the Core Business of Farmers Markets through Strategic Business PlanningDavid J. Connell0Christopher Hergesheimer1University of Northern British ColumbiaUniversity of British ColumbiaThe current period of growth in the number of farmers markets is associated with higher demand for local food but also leads to more competition among farmers markets. Dealing with increased competition challenges the way that farmers markets are used to operating. In this commentary, the authors discuss how a business-oriented approach to strategic planning may help farmers markets respond to industry-wide changes. We first focus on what we refer to as the core business of a farmers market, whereby a farmers market can view itself as a business entity that functions separately from its vendors. We extend this discussion to strategic business planning and how competitive analysis can be used to better understand and thereby strengthen a farmers market's position in an increasingly competitive marketplace. Ideally, a business-oriented perspective should not compromise the special qualities of a farmers market but serve to enhance these qualities and add to the growth and development of a farmers market. The insights in this commentary are drawn from the general experiences of the authors.https://www.foodsystemsjournal.org/index.php/fsj/article/view/284Farmers MarketsStrategic Business PlanningIndustry GrowthCompetitive Analysis
spellingShingle David J. Connell
Christopher Hergesheimer
Strengthening the Core Business of Farmers Markets through Strategic Business Planning
Journal of Agriculture, Food Systems, and Community Development
Farmers Markets
Strategic Business Planning
Industry Growth
Competitive Analysis
title Strengthening the Core Business of Farmers Markets through Strategic Business Planning
title_full Strengthening the Core Business of Farmers Markets through Strategic Business Planning
title_fullStr Strengthening the Core Business of Farmers Markets through Strategic Business Planning
title_full_unstemmed Strengthening the Core Business of Farmers Markets through Strategic Business Planning
title_short Strengthening the Core Business of Farmers Markets through Strategic Business Planning
title_sort strengthening the core business of farmers markets through strategic business planning
topic Farmers Markets
Strategic Business Planning
Industry Growth
Competitive Analysis
url https://www.foodsystemsjournal.org/index.php/fsj/article/view/284
work_keys_str_mv AT davidjconnell strengtheningthecorebusinessoffarmersmarketsthroughstrategicbusinessplanning
AT christopherhergesheimer strengtheningthecorebusinessoffarmersmarketsthroughstrategicbusinessplanning