Marketing Strategy
Sales and Marketing Strategy
Barkwood Pet Daycare: Sales and Marketing Strategy
Marketing Message
Marketing message refers to the component that plays a critical role in grabbing the prospective attention while offering information on how to solve the problems and the need to trust the organization in question. It is also critical in the decision-making process by the consumers to adopt and integrate valuable reasons to execute transactions with the organization above any and all choices they have within the context of the market or industry of operation. The main rationale for the success in the development of an effective marketing message is the generation of an efficient communication garget in relation to the needs and wants of the target audiences (Kolsarici & Vakratsas, 2010). Five steps are critical in the development of an effective marketing message. The first step is the identification of the target market of the organization.
Narrowing down of the…...
mlaReferences
Kolsarici, C., & Vakratsas, D. (2010). Category- Versus Brand-Level Advertising Messages
in a Highly Regulated Environment. Journal Of Marketing Research (JMR), 47(6),
1078-1089. doi:10.1509/jmkr.47.6.1078
Thompson, D.V., & Malaviya, P. (2013). Consumer-Generated Ads: Does Awareness of Advertising Co-Creation Help or Hurt Persuasion? Journal of Marketing, 77(3), 33-
The positioning is akin to a casual version of fine dining, taking concepts from that segment an applying them to a mainstream audience. In doing so, we feel that we will offer an experience superior to that of other casual dining establishments.
e view are target market strategy as being congruent with the fun, innovative and youthful image we project. e intend to skew younger than a typical casual dining restaurant in order attract an audience that is ready to trade up from casual dining and fast food -- and has the means to do so -- while not being ready to move into fine dining yet. This target, we feel, is the target that our food will appeal to and is also the target audience whose needs are not being met by the firms currently in the casual dining industry.
Overall, our marketing strategy and our product strategy is built…...
mlaWorks Cited:
White, S. (2010). Brand strategy. Brand Identity Guru. Retrieved May 1, 2010 from http://www.brandidentityguru.com/brand_strategy.htm
Quenque, D. (2007). Polishing up the apple in Applebee's. New York Times. Retrieved May 1, 2010 from http://www.nytimes.com/2007/10/25/business/media/25adco.html
Long, L. (2004). Culinary tourism. Lexington, KY: University Press of Kentucky.
One interesting aspect of small, specialty stores is that they may not even offer lower-priced goods pertaining to the sport that are available at franchises, such as socks and polo shirts. These are not stocked in high quantities, but merely for the convenience of one-stop shopping. The real profit comes from selling the luxury items at full price to a consumer who is willing to pay for the store experience and the additional service as well as the added cache of a famous name. Basic sporting goods are unlikely to be the focus of the store -- instead the types of brands that are only available at high-end golf stores will be showcased.
ithin the premium golfing market, of course, there may be some sales, and some competition within the segment locally. Stores may offer sales on notable luxury items at the end of the season, to clear their inventories, but…...
mlaWorks Cited
Kotler, Philip & Kevin Lane Keller. (2006). Marketing Management. Prentice Hall.
Marketing strategy. (2009). Quick MBA. Retrieved June 4, 2009 at http://www.quickmba.com/MarketingStrat.shtml
Moffatt, Michael. (2009). Income inelasticity of demand. About.com. Retrieved June 4, 2009 at http://economics.about.com/cs/micfrohelp/a/income_elast.htm
Marketing Strategy
With an increasing number of female consumers interested in do-it-yourself household repair and maintenance activities, the Graf Hardware Corporation decided to launch a line of tools geared for female needs and tastes. These tools will differ little from their generic counterparts but will boast attractive and colorful handles and the grips will be smaller, made for the female hand. A marketing strategy for this new line of female-oriented tools will include television marketing, targeted advertisements in certain magazines, and clever use of product display units. Billboards, print ads in newspapers, and radio spots will be used as well.
This multi-pronged marketing mix will reach the widest range of consumers. Because female do-it-yourselfers come from a wide mix of demographics, the tools will need to be marketed to a number of different sectors. Therefore, household repair magazines are only the beginning of the advertising campaign. In fact, television ads should be…...
In the case of Kellogg's, as Kellogg's needs to solicit an opinion from a specific market segment of potential consumers for a product that is not fully formulated in terms of its branding (as it is only a year old) descriptive research of how the elderly consumers find the product would be most appropriate, though the use of focus groups that have tried the cereal or surveys to those who have bought the cereal and did or did not like it over the course of the try-out period. Some exploratory research would be involved, as opinions could be solicited about possible improvements -- and the product could be taste-tested with an eye on further improvements from the selected sampling of the elderly. Causal research is also involved in terms of the why consumers did or did not like the product, and what motivated them to buy the product, if they…...
mlaDiscuss the type(s) of researches (exploratory research, descriptive research, causal research) that should be used for the following situations and how should it be used. (E.g. focus groups, price testing, packaging, etc.): 1 Kellogg's needs to find out how their new cereal aimed at mature adults (65+) is doing after a year on the shelves; 2 NYU wants to find out how the 2005 "enjoyed their "stay at the school for the past 4 years"; 3 Reebok wants to test the feasibility of bringing back a past footwear success -- Weeboks, a sneaker aimed at infants; 4 McDonalds needs to find out where to locate their 1000000th franchise.
In the case of Kellogg's, as Kellogg's needs to solicit an opinion from a specific market segment of potential consumers for a product that is not fully formulated in terms of its branding (as it is only a year old) descriptive research of how the elderly consumers find the product would be most appropriate, though the use of focus groups that have tried the cereal or surveys to those who have bought the cereal and did or did not like it over the course of the try-out period. Some exploratory research would be involved, as opinions could be solicited about possible improvements -- and the product could be taste-tested with an eye on further improvements from the selected sampling of the elderly. Causal research is also involved in terms of the why consumers did or did not like the product, and what motivated them to buy the product, if they did so spontaneously, and not as a result of a taste-test prompting.
NYU similarly could survey the class of 2005, distributing surveys and conducting a random selection of interviews from the outgoing class through the use of descriptive research. Reebok, however, since it has not yet created its newest version of the show product, would need to embark upon exploratory research to find out how the new audience of parents would view the baby shoe, with perhaps some causal research to discover why the 1980's version shoe declined in favor, from consumers who had purchased it long ago. Lastly, McDonald's would first need to conduct an exploratory study of the potential areas for the new franchises, followed with a descriptive study of why franchises had succeeded or failed in specific regions of the country, by surveying consumers in the area, and conducting causal research as to the internal causes of the failure in terms of budgeting and financing at such operations.
Marketing
Justification and Marketing Strategy for the Launch of a Date Flavored Breakfast Cereal in Saudi Arabia
The development and sale of a date flavored cereal to be sold in Saudi Arabia may have a great deal of potential. The cereal market in Saudi Arabia is the largest cereal market in the Middle East, and it is in a growth phase (ITP.net, 2006), while two major global breakfast cereal firms; Kellogg and Nestle, have had a presence in the country since the 1970's in the past the was generally marketed to western expatiates (ITP.net, 2006). The increased level of global media has created a higher demand for cereal in the local consumer market, and growing awards of health issue have also supported the growth of the cereal market which is perceived as a healthy breakfast choice (Euromonitor, 2012; ITP.net, 2006). Increasing disposable income in the region is also impacting positivity on the…...
mlaReferences
Anonymous, (2010), Food in Every County; Saudi Arabia, [online] retrieved 15th April 2013 http://www.foodbycountry.com/Kazakhstan-to-South-Africa/Saudi-Arabia.html
Hooley GJ; Saunders JA; Piercy, (2007), Marketing Strategy and Competition Positioning, London, Prentice Hall
ITP.net, (2006), May 9), Breakfast cereals rise and shine in the Middle East, [online] retrieved 15th April 2013 http://www.itp.net/493104#.UWwzhsqSnrZ
Kotler Philip; Keller Kevin, (2011), Marketing Management (13th Edition), Prentice Hall.
Marketing Strategy
Assess the Information Needs of Target Market(s). What Information will Your Potential Customers need (e.g. address of premises)?
The information needs of the target market will provide them with enough facts to make an informed decision. This will be accomplished by giving customers with information about the physical location (i.e. address), telephone number, any kind of professional organizations and the web site. These factors will help them to learn about the firm and contact staff when they have questions. (Shimp, 2008) (Ward, 1998)
Indicate whether any Personal Selling will be involved and if so what forms this will take. If not explain why not.
Yes, personal selling will be involved. This will be accomplished using traditional and online sources. (Shimp, 2008) (Ward, 1998)
What Training should be received?
The training that should be received is focusing on improving communication, increasing professionalism / ethics and continuing education. These factors will help to ensure that everyone…...
mlaReferences
Shimp, T. (2008). Advertising and Promotion. Mason, OH: South Western.
Ward, S. (1998). Selling Places. New York, NY: Taylor and Francis.
Conceptually, Marriott believes that the same guest falls into a different customer profile depending on the nature of the trip taken. Marriott has a product for every price point chain-scale (as defined by Smith Travel Research) except for the lowest economy segment. The company's commitment to quality and steady brand building has resulted in a strong brand portfolio of hotels, vacation ownership and corporate housing brands that associate quality, dependability, integrity and trust with the company's services. In 2005, Fortune Magazine recognized Marriott as the most admired company in the lodging industry for the sixth consecutive year. The company's strong brand name and its unique brand strategy help the company to stay ahead of its peers.
Thought Leadership in Technology-Enabled Services
The company's increased focus on technology is also paying off, as Marriott bolsters its web-based services portfolio. The company's reservation and yield management systems have outperformed the industry for many…...
Marketing and Marketing Strategy
SLP Marketing Strategy SLP Assignments Have wondered completely ? Well opportunity combine wondering analysis put flesh dreams. Your SLP assignment MKT301 develop a marketing strategy a service business (hypothetically) manage.
Self-Analysis
As the entrepreneur in the business I have skill in business marketing and management following from class knowledge. Additionally I have engaged in running a business in an internship and contract basis position charged with the responsibility to oversee growth in the businesses market size. I have also undertaken courses in marketing research that give me potential to evaluate the potential in a market. In the year I worked as a motor vehicles spare parts sale manager, I maintained a good rapport with the transport companies in the regions. This gives me an advantage of market knowledge. The existing relationship with procurement managers gives me an upper hand in introducing the new business venture to the market.
I have…...
mlaReferences
Rajan, G. (2007). Marketing Management - Concepts, Cases, Chall,2/e. India Prentice-Hall Of India Pvt. Limited.
Sengupta, S. (2005). Brand Positioning: Strategies for Competitive Advantage. New York City, U.S.: McGraw-Hill Companies, Incorporated.
Marketing Strategy for Burberry in Fist Half of 2012 The organization I have decided to propose a new marketing strategy for is Thomas Burberry. This organization is a distinctive luxury brand with international recognition and broad appeal. They design, source, manufacture and distribute high-quality apparel and accessories. Burberry was founded in Basingstoke, England in 1856; they have a unique heritage associated with Great Britain and position themselves as the authentic British lifestyle brand. From their founding, Burberry have established a reputation for innovation, quality and style through developments such as the invention of gabardine, which the organization believe was the world's first weatherproof and breathable fabric and the creation of iconic products, including the trench coat and of the Burberry check. I believe that it is time for a new marketing strategy for the Burberry London perfume, because although the perfume was introduced not long ago- the men's fragrance was…...
mlaReferences:
Aaker, D. 2008. Strategic Market Management. Wiley Press: New York, NY.Abell, D. 1980. Defining the Business: The Starting Point of Strategic Planning. Prentice Hall: New York, NY.Baker, M. 2008. The Strategic Marketing Plan Audit. Cambridge Strategy Publications: London, UK.Burberry. 2012. Burberry Financial Highlights. Accessed 12 Feb 2012. URL: Jackson, A. Jan 19, 2012. European Luxury-Goods Stocks May Benefit From Weaker Currencies. Bloomberg News. URL: http://www.bloomberg.com/news/2012-01-20/europe-luxury-goods-stocks-may-benefit-as-weaker-currencies-boost-earnings.html Miles, R. 2003. Organizational Strategy, Structure, and Process. Stanford: Stanford University Press: Palo Alto, CA.Pfeffer, J. And Salancik, G. 1978. The External Control of Organizations: A Resource Dependence Perspective. Harper and Row: New York, NY.Simon, H. 1979. Rational decision making in business organizations. American Economic Review. 69(4): 493-513.http://www.burberryplc.com/bbry/corporateprofile/finhigh/
Marketing Driven Strategy
In a market driven strategy the customer is the focal point, which means that everything the bar and grill does should be oriented towards benefiting the customer in some way. To know what OPG can do to benefit the customer, it has to determine its distinctive capabilities. These would be the strengths it possesses as identified in its SWOT analysis. It would also include opportunities identified in the same analysis. Then comes the step of matching customer value with the bar and grill’s capabilities and to ask whether leveraging the pub’s resources would help to create customer value. If there is a match and the pub can do it, the steps should lead to superior performance and a successful marketing driven strategy.
Positioning is key to this process and as Trout and Rivkin (2006) argue, a company must differentiate or die, which is what OPG aims to do with…...
Introduction When deciding upon marketing strategies to be used for a hotel business in order to attract new clients, a hotel must identify that which sets it apart from other competing hotels. The essence of any successful marketing campaign is the ability to differentiate oneself. Trout and Rivkin (2006) state that a company must “differentiate or die” (p. 2), meaning that if a business cannot do something to distinguish itself from the next nearest competitor it will never succeed—precisely because it has not been able to show consumers that it is offering something uniquely special. Thus, for a hotel, it is critical that it consider the things that define it and make it uniquely attractive. Whether it is setting, dining, history, environment, proximity, attractions, luxury, style, class, or some other feature, the hotel business’s first priority is to identify its strengths. If it finds that it cannot offer anything new to…...
mlaReferences
Applegate, L., Kwortnik, R. & Piccoli, G. (2006). Carnival Cruise Lines. Harvard Business School.Jovicic, D. (2017). From the traditional understanding of tourism destination to the smart tourism destination. Current Issues in Tourism, 1-7.Kim, W. & Mauborgne, R. (2004). Blue ocean strategy. Harvard Business Review, 76-84.Kim, W. & Mauborgne, R. (2005). Blue ocean strategy: From theory to practice. California Management Review, 47(3), 105-121.Li, S., Robinson, P. and Oriade, A. (2017) Destination marketing: The use of technology since the millennium. Journal of Destination Marketing & Management, 6(2), 95-102.Maurer C. and Hinterdorfer B. (2013) The adoption of Pinterest for destination marketing: The case of Austrian destinations. In: Xiang Z., Tussyadiah I. (Eds) Information and Communication Technologies in Tourism 2014. Springer, Cham.Newlands, M (2015) 15 marketing strategies that inspire strategic thinkers. Inc [online]. Available from: [Accessed 20 Feb 2018].Ries, A. & Trout, J. (1997). Marketing warfare. NY: McGraw-Hill.https://www.inc.com/murray-newlands/15-marketing-strategies-that-inspire-strategic-thinkers.html
Marketing Strategy Plan ProjectIntroductionLuxury Vibes is a bed and breakfast Inn located in Sunny, San Diego, California. It is located in downtown San Diego for easy accessibility. There are luxurious beds and breakfasts within the town, but we aim to offer our clients the most incredible experience by making them feel that they are staying with the family. Having been launched recently, the organization has ten rooms, a luxurious spa, and a swimming pool. Each room has its unique decoration to ensure that our clients get a unique experience each time they visit.The dining area is spacious, and the cuisine is our pride and joy because we have hired the best chef in San Diego. Every morning, our guests get an abundant buffet that offers them a variety of healthy homemade breakfasts. These include; yogurt, cereals, juices, cakes, fruits, and marmalade. However, the breakfast can be personalized upon the request…...
mlaReferences
Lee, S. Y., Reynolds, J. S., & Kennon, L. R. (2003). Bed and breakfast industries: Successful marketing strategies. Journal of Travel & Tourism Marketing, 14(1), 37-53.
Malikov, R. I., Sharipova, I. M., Kharisov, V. I., Sunaeva, G. G., & Mukhametova, D. D. (2015). Development of assessment tools for economic activity of the regional business. Mediterranean Journal of Social Sciences, 6(5), 434-434.
Martin, G. (2011). The importance of marketing segmentation. American Journal of Business Education (AJBE), 4(6), 15-18.
ACCOR MARKETING STRATEGY 5CASE QUESTIONS 3 AND 4Accor is a market leader in the hospitality industry, with operations spread across 100 countries and a workforce of over 150,000. The company prides itself in a strong brand portfolio that incorporates brands across four banners: luxury, economy, premium, and milieu de game. This text analyzes Accors marketing strategy in the economy and Resorts segments. It specifically identifies the pull and push strategies that the company uses to promote its Ibis (economy) brand and Banyan Tree (Resort brand), and identifies how the company could benefit from implementing a Dashboard for its Resort brand.The Push and Pull Strategies using the AIDA FrameworkThe AIDA model identifies the four stages attention, interest, Desire, and Action that a customer goes through before making a purchase (Kotler, ET AL., 2019).Attention: The Attention stage involves attracting the attention of customers and making buyers aware of the product…...
mlaReferences
Clemente, M. N. (2002). The Marketing Glossary: Key Terms, Concepts, and Applications. Glen Rock, NJ: Clemente Communications.
Damnjanoniv, V., Loncaric, D., & Dlasic, J. (2020). Digital Marketing Strategy of Accor Hotels: Shaping the Future of Hospitality. Tourism and Hospitality Management, 26(1), 233-44.
Kotler, P., Armstrong, G., Harris, L., & He, H. (2019). Principles of Marketing. London: Pearson Education Inc.
Executive Summary There is a shift in the Chinese luxury car market, and BMW is building a plant to take advantage of it. The top three luxury automakers – by far – are Audi, BMW and Mercedes. They each are very similar to one another, and have similar market shares in China as well. Early adopters in China were the newly-rich, making their first luxury car purchase as a status symbol. This is shifting, and to win greater market share BMW will need to win existing customers to buy a second or third BMW. The problem is that a) their marketing strategy in the country isn't built around that objective and b) Chinese consumers have very low brand loyalty compared with those in other nations. This report will outline the unique characteristics of the Chinese market, and make recommendations for how BMW can target the new segment – current customers –…...
mlaReferences
APF (2017) China to ban production of petrol and diesel cars in the near future. The Guardian. Retrieved October 16, 2017 from Baan, W., Gao, P., Wang, A. & Zipser, D. (2017). Savvy and sophisticated: Meet China\\'s evolving car buyers. McKinsey Retrieved October 18, 2017 from https://www.mckinsey.com/industries/automotive-and-assembly/our-insights/savvy-and-sophisticated-meet-chinas-evolving-car-buyersBekker, H. (2017). 2016 full year Germany: Best-selling car manufacturers and brands. Best Selling Cars. Retrieved October 16, 2017 from https://www.best-selling-cars.com/germany/2016-full-year-germany-best-selling-car-manufacturers-brands/Bu, L., Durand, B., Kim, A., & Yamakawa, N. (2017). Chinese luxury consumers: More global, more demanding, still spending. McKinsey. Retrieved October 17, 2017 from https://www.mckinsey.com/business-functions/marketing-and-sales/our-insights/chinese-luxury-consumers-more-global-more-demanding-still-spendingCar Sales Base.com (2017). BMW. Car Sales Base. Retrieved October 16, 2017 from http://carsalesbase.com/us-car-sales-data/bmw/Clover, C. & McGee, P. (2017) BMW goes for pole position in fast-growing Chinese market. Financial Times. Retrieved October 16, 2017 from https://www.ft.com/content/92486e7c-4034-11e7-9d56-25f963e998b2?mhq5j=e5Heritage.org (2017) 2017 Index of Economic Freedom: Country rankings. Heritage Foundation. Retrieved October 16, 2017 from http://www.heritage.org/index/rankingHsu. S (2016). Is China\\'s pollution accelerating climate change? Forbes. Retrieved October 16, 2017 from https://www.forbes.com/sites/sarahsu/2016/09/08/is-chinas-pollution-accelerating-climate-change/#160f366437efhttps://www.theguardian.com/world/2017/sep/11/china-to-ban-production-of-petrol-and-diesel-cars-in-the-near-future
1. A case study on the impact of social media on consumer behavior
2. Analyzing the success factors of a popular brand through a case study
3. Exploring the ethical implications of a controversial business decision in a case study
4. Evaluating the effectiveness of a company's marketing strategy based on a case study
5. Investigating the challenges faced by a startup company in a case study
6. Examining the role of leadership in organizational change through a case study
7. Analyzing the impact of globalization on a specific industry in a case study
8. Discussing the implications of a major data breach on a company's reputation....
Comprehensive Target Market Analysis and Segmentation Strategies
Examining Target Markets: A Holistic Approach to Customer Focused Strategies
The Art of Target Market Identification: Unlocking Market Potential and Growth
Target Market Optimization: A Comprehensive Guide to Tailored Marketing
Defining the Target Audience: Foundations of Effective Marketing Campaigns
Precision Target Marketing: Aligning Strategies with Consumer Needs
Consumer Segmentation and Target Market Definition: A Data-Driven Approach
Uncovering Market Segments: The Key to Personalized Marketing
Building Customer Profiles: A Framework for Target Market Identification
Target Market Strategies for Dynamic Market Landscapes
Target Market Analysis: A Case Study of Successful Market Penetration
The Evolution of Target Markets: Adapting to Changing Consumer Dynamics
Target Market Research: Unveiling Insights....
Electrifying the Future: Captivating Titles for Your Global Electric Car
Introduction
The automotive industry stands on the cusp of a transformative era, with electric vehicles (EVs) poised to revolutionize transportation. As you embark on the journey to introduce your global electric car, a compelling title serves as the cornerstone of your marketing strategy, captivating the attention of potential customers and igniting their imaginations. Here's a comprehensive guide to assist you in brainstorming catchy and impactful titles that will set your EV apart in the global marketplace:
1. Highlight the Revolutionary Nature of Your EV
E-volution: Evoking the transformative power of electric propulsion, this....
Here are some potential essay topics on corporate level strategies of Nestle:
1. Analyze and evaluate Nestle's diversification strategy. How has Nestle expanded its product portfolio over the years and how has this contributed to its overall growth and success?
2. Assess Nestle's international expansion strategies. How has Nestle entered new markets and expanded its global presence? What challenges has the company faced in pursuing a global strategy?
3. Examine Nestle's strategic alliances and partnerships. How has Nestle collaborated with other companies to strengthen its competitive position and drive growth? What benefits has Nestle derived from these strategic alliances?
4. Investigate Nestle's sustainability and....
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