Abstract
Louisiana accounts for 90% to 95% of the total U.S. production of Crawfish from year to year, either from wild waters of the state, or on farms. Even though, the commercial sales of crawfish in Louisiana date back to the late 1800s—the state is still actively engaged in crawfish industry to provide millions of pounds harvested from farms and natural waterways in the Bayou State. The harvesting of wild crawfish from natural habitats such as bayous, swamps and marshes provides a significant number of jobs for Louisiana residents. The Atchafalaya Basin is world famous for its crawfish production. More than 800 commercial fishermen harvest crawfish from wetlands, mostly in the Atchafalaya Basin. The governor making an attempt to set the favorable environment and also give incentives to the crawfish farmers may boost its production to add to the GDP of the economy. Because revenue generation and employment diversification are very critical to the state of Louisiana, this particular study is devoted to unearth the numerous repackaging techniques for Louisiana crawfish production and its marketing strategies to assist the state in diversifying or broaden its revenue base and employment avenues to ensure growth and development. As a result the study used 200 sample size of crawfish farmers across the state of Louisiana. To better inform policymakers, the study used binomial logistic regression to analyze the perceived determinants of crawfish production in Louisiana. The study found out that the Louisiana State can diversify its marketing strategies to employ more people to work on the promotion of the crawfish production in the state of Louisiana. The following marketing strategies (deployment, channel management, contact database, email marketing, event triggered actions, lead management, multi-campaign and the use of social media platform) revealed in the study to assist the state of Louisiana to improve upon it employment avenues through sales and also expected to generate more revenue for the state through taxes. The study reveals that crawfish farmers continue to be in business due to the following factors: price/profit, government regulations, transport assistance, and the market trends/demand for the product. The study further revealed that repackaging the Louisiana crawfish farming will lead to revenue generation, employment creation, cultural enrichment & promotion and also improve upon the export earnings associated with crawfish products. Above all, the study strongly recommends that the governors and the federal government should support the repackaging of the old marketing tools used by the farmers to adapt to the modern forms of sales-marketing in order to enhance more jobs creation and also promote the sales of the crawfish products to boost the nation’s GDP and revenue generation. Keywords : Employment, Revenue, Crawfish, Logistic Regression, Regulations, Sales, Cultural, and Transport DOI: 10.7176/JESD/11-12-05 Publication date: June 30th 2020
Highlights
Revenue and job creation are very critical to the nation development and are major concerns to policymakers
About 30% of the farmers from the various production units were of the view that they are likely to utilize the event triggered actions or forms of marketing strategies during periods like Louisiana Crawfish festivals & Mardi Gras which is celebrated across the parishes, cities and towns within the state of Louisiana
The data further reveal that about 10 % of the farmers were of the opinion that they will using the lead management style of marketing to promote the crawfish production in Louisiana
Summary
Revenue and job creation are very critical to the nation development and are major concerns to policymakers. Very importantly, according to the literature, in 2018 the state did not see much changes in the opportunities available for its citizens, as a result the state’s development and economic growth rankings continue to decline as observed in 2019 This is so because in 2018 Louisiana ranked 50th among the country’s 50 states considered in the ranking, which weighed data on a range of quality of life measures (US News & World Report, 2019). For the meantime—paying maximum attention to crawfish production as a form of innovation potentials will diversify the revenue generation and employment creation avenues for both the citizens and the state. Its enormous benefits the state tends to gain from this unique industry, less attention has been given to the production of crawfish and the diversification of the sector to generate more revenue and support employment creation.
Sign-in/Register to view highlights & summary Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
