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Swot Analysis On Aldi

Decent Essays

SITUATION ANALYSIS SUMMARY – IDENTIFIED ISSUES

The identified issue for ALDI, as derived from the situational analysis, can be categorized into four main areas;

The categorical issues are summarized from the SWOT analysis as internal weaknesses and external threats to the brand. The marketing mix will leverage ALDI’s strengths and opportunities to alleviate the pressures these issues present and support the steady rise in market share.

MARKETING OBJECTIVES

ALDI’s marketing objectives are specific to the target segments, measurable, attainable and realistic given the 12 month time frame.

Maintain increasing market share

Increase market share by 3% - measured by overall gross sales.

ALDI’s market share continues to increase YoY. …show more content…

The ALDI positioning for the target markets aligns the company strengths on customer proposition, quality guarantee, simplicity and social and environmental policies with the consumer psychographics of health, environment, value and time. This positioning is justified through Govers and Schoormans (2005) assertion that consumer preference for products and brands is identified through symbolic product-user images that reflect their own self-concept. Furthermore, brand loyalty is said to have a psychological and social orientation, whereby brand attitude and strength is rooted in cognitive processes that assert relationships with perceived quality, satisfaction, brand trust and loyalty (Dick and Basu, 1994; Elliot and Wattanasuwan, 1998; as cited in Delgado-Ballester and Munuera-AlemaÂn, 2001). Additionally, by focusing marketing strategies on moderating the consumer risk dimensions of the psychological, financial, performance, physical and social the company can inherently influence the target consumers cognitive and behavioral responses regarding the business model, the product lines, the business alliances and customer service (Dholakia,

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