Verified Document

Marketing Strategy, Planning And Execution Case Study

Problem Statement

Monsanto continues to incrementally improve their level of authenticity and transparency with global consumers, yet trust will remain elusive for decades until their customers' success levels outweigh the social and ethical controversies the company has shown to be adept at creating for itself.

Three Strategic Alternatives

There are three strategic alternatives for the company to consider pursuing:

1. Completely re-order R&D to concentrate only on Key Performance Indicators (KPIs) and metrics of performance that align to 3rd world nations' need for affordable, healthy food. This would give the company exceptional levels of credibility that they have lacked in the past.

2. Re-define the CSR initiatives to also include monitoring of their impact on the environment. They need to be truly green if they claim to be. Make sustainability best practices a core part of the company and measure it with advanced Total Quality Management techniques.

3. Create a series of customer success stories of how their food saved the lives of entire villages and how they are working to re-order the economics of food distribution in 3rd...

The recommendation is to completely re-order R&D to concentrate on the most pressing hunger problems globally and invent ingredients that components that allow for greater positive good.
Marketing Implementation

The marketing implication needs to include a solid focus on measurable results of redesigned and more earth-, people and animal-friendly ingredients and inventions. Re-aligning R&D to the most pressing hunger problems and the coming food shortages would show the company is serious about doing well by doing good. As of right now it is business as usual with R&D still creating products that could be considered ethically proactive or controversial, yet highly profitable. They need to completely re-align their value chain to make their marketing matter. And they would paradoxically be even more successful doing this as more nations will use their products as a result.

Cite this Document:
Copy Bibliography Citation

Related Documents

Marketing Strategies, Planning, Implementation &
Words: 3342 Length: 11 Document Type: Term Paper

Kodak decided to implement this initiative after conducting market research on the costs of printing at home. According to a study by InfoTrends, the greatest obstacle to printing at home is the cost of ink and supplies (Kodak, 2007). Another printer from the new line, the Kodak EasyShare 5300 offers a 3-inch color LCD display that enables photo viewing and cropping directly from the printer, with a memory card slot

Marketing Strategy for a Real Business
Words: 2159 Length: 7 Document Type: Marketing Plan

Marketing Plan Product / Service Concept The multifunctional remote device is designed to enhance convenience of most functionalities for electrical/electronic equipments used by consumers. This product offering enables consumers to access and control different electronic devices and equipment through a single remote device. This will facilitate communication with different servers linked to the organization. The benefit of this product is that it will enhance the convergence of technology used within an organization.

Marketing Strategies for Coca-Cola the Key to
Words: 2245 Length: 8 Document Type: Term Paper

Marketing Strategies for Coca-Cola The key to the success of any consumer product is an effective marketing strategy. In order to develop such a strategy, it is necessary to carefully examine consumer needs and behavior in relation to the product and adapt marketing techniques to target and address these needs. As one of the top beverage manufacturers, Coca Cola must focus on ways to continually meet the beverage needs of

Marketing Strategy for a High Tech Company
Words: 3348 Length: 11 Document Type: Essay

Live Client -- iBASEt Corporation iBASEt Corporation was founded in 1986 by Amrik Singh Poonian, and is today a $30M software company with sales offices in Toulouse, France; Detroit, Michigan; St. Louis, Missouri and at headquarters in Foothill Ranch, California. The company currently has 360 employees worldwide with 70 developers in India, and the majority of employees in the United States (iBASEt, 2015). The company is a leader in the development,

Creating a Marketing Strategy
Words: 925 Length: 3 Document Type: Essay

Media, Marketing Strategy and Promotional Content The development of a successful marketing strategy and campaign is a process that requires extensive research, comprehensive details, and well-crafted implementation procedure. The need for these factors is fueled by the fact that having a single, grand idea does not necessarily contribute to a successful marketing strategy or campaign. This implies that marketers need to understand the position of the business or company in the

SAP's Internet Marketing Strategy Evaluating
Words: 4815 Length: 10 Document Type: Term Paper

Columbus (3) found that within the customer service arena, one CRM capability in particular demonstrated the greatest impact on profit improvement -- customer service execution. Integration into Overall Marketing Strategy SAP seeks to improve global campaigns' effectiveness at generating qualified sales leads, and to do so at lower cost per lead and greater speed over the Internet. To accomplish this SAP conducts an internal evaluation of its Marketing practices and uncovers the

Sign Up for Unlimited Study Help

Our semester plans gives you unlimited, unrestricted access to our entire library of resources —writing tools, guides, example essays, tutorials, class notes, and more.

Get Started Now