Adding Value

Overview

What is Value-Added?

Aligning Trends With Market Value

The Real Test

Plan for Success

Summary

Discussion Questions

Worksheet - Standing Out From The Crowd

Worksheet - Eye Spy

Worksheet - Exploring Possibilities

 

 

 


Adding Value Worksheet
Discovering possibilities in consumer trends

Developing and marketing value-added products requires creativity and innovation. It is a process of discovery. The answers to these questions give clues for the discovery of a value-added product, which might appeal to potential customers. Look around you. Think about all the various commodities, resources or products in North Dakota, your community or outside your back door. All successful business ventures start with an idea for something unique!

List all the commodities, resources or products that, if packaged, processed or added to, will fit these consumer trends.

 

1. Quality

What do we have in North Dakota that is of exceptional quality?

 

 

 

Who or what type of business values the quality in these items? Where do they live or do business?

 

 

 

2. Western Theme

What do we have in North Dakota that is uniquely western or evocative of the "old west"?

 

 

 

Who or what type of business values these unique western items? Where do they live or do business?

 

 

 

3. Country Theme

What do we have in North Dakota that represents the simpler, more wholesome life of the country?

 

 

 

Who or what type of business values these unique country items? Where do they live or do business?

 

 

4. Natural/Organic Theme

What do we have in North Dakota that is grown or produced without chemicals or artificial additives?

 

 

 

 

Who or what type of business values these naturally grown items? Where do they live or do business?

 

 

 

5. Lean Beef

What kinds of unique uses are there for lean beef grown in North Dakota?

 

 

 

Who or what type of business values beef products from grass-feed lean beef? Where do they live or do business?

 

 

 

6. Ethnic Foods

What kinds of unique ethnic foods are traditional in North Dakota?

 

 

 

Who or what type of business values traditional ethnic foods? Where do they live or do business?

 

 

 

 

 

Production funding For Let's Talk Business was provided by a grant from USDA Rural Development and the members of Prairie Public Television