BUS5SMM- Sustainable Management & Marketing
ASSIGNMENT 2
STUDENT ID: 18559127 TASSAL GROUP LIMITED ANALYSIS
TASSAL MARKETING
Seafood processing industry in Australia deals with processing of seafood apart from catching. One of the major player in this industry is Tassal Group Limited located in Tasmania. Tassal is a world leading company in Salmon production. It deals with hatching, farming, processing as well as sales and marketing of Salmon fish making it largest Salmon fish producer in Australia.
For long Tassal has been on a journey of sustainability keeping in view the rise in demand for the natural and organic food by the consumers. In the market, they have positioned themselves as the best salmon fish brand instigating different market strategies. By communicating and making salmon a healthy pick for
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Companies uses a blend of advertisement, public relations, personnel selling and direct marketing tools to communicate and persuade customers of value of product to them.
Green promotion programs reflect communications designed to inform stakeholders about the firm’s efforts, commitment and achievements towards environmental preservation (Belz and Peattie 2009; Dahlstrom2011).
Tassal’s advertising campaign is to encourage consumption Tasmanian Salmon in Australia. The campaign is mainly focused highlighting the health benefits of eating Tasmanian grown salmon fish, to make Australians aware of it versatility.
The campaign includes advertising through TV, print media and online, with support through PR and social media.
Apparent finding on Tassal’s promotional steps in communicating about themselves can be figured out from their online website. It has communicated all the detailed information about their products and their sustainability measures throughout the company on the website. And have news and annual reports available to strengthen the relationship with the customers.
Businesses use Marketing techniques in order to promote their products and services so customers are aware. There are many forms of marketing techniques, which businesses use depending on the size of the business, the budget and the target market. Marketing in other words is promoting the product and service to inform, attract and motivate customers to purchase the product or service. Marketing techniques can include Social media, Digital marketing, Personal selling and Product placement. These are examples of marketing techniques, which businesses can use to promote their products.
Derivative products that can be developed from fishbibisan hydrolyzate is fish sauce and ketchup. Both of these products can evoke ‘umami’ (savory flavor) and as a source of flavor. Fish sauce is a fermented product that has a brown liquid and commonly usedin Asian countries. These products are used for a variety of fast food, because it can improve the flavor and increase nutritional value. However, consumption of sauce and savory ketchup from fish are rarely found in Japan and Europe because of the smell of fish was over powering. In Southeast Asia, fish sauce and fish ketchup is not only popular as a flavoring, but in some areas are used as well as the main protein source for diet and become the
Tassal is the worldwide known company, they are always persisting the quality of the salmon and other product innovations. Tassal has been recognizing that only the company has put great amount of efforts in the research and development then the Tassal is able to gain the future successes. Every years, Investment in research and development at Tassal is centred on better understanding of fish health and the environment in which we farm our fish, mitigating the impact of Tassal’s operations on the environment and continual improvement of fish health (TASSAL Sustainability Report, 2014). However, Tassal research for products invested too much financial and material resources, so that the taste of some products is not very delicious, just very healthy, Today, many young customers’ first choice for the products are delicious and looks good, then they will think about the products are health or not. Therefore, if Tassal company want to attract more young customers buy their products, they need change the taste better.
One of the most commonly shared beliefs about aquaculture is that it has potential to amplify and transfer disease/parasites to wild fish populations, but strict management practices and guidelines have been utilized and supplemented to ensure that US farming operations mitigate current and potential environmental risks associated with aquaculture (NOAA, 2015). Among these practices are regular diver-led inspections to investigate the integrity of nets and net infrastructure, surveillance cameras and even public webcam feeds that monitor the fish farms and in particular monitor efficient use of feed, regular health inspections in efforts to have a head start on disease prevention and detection, and “comprehensive sanitary and biosecurity programs to prevent the introduction and/or spread of pests or diseases from one farm site/cage to another or into the environment.” (NOAA, 2015). Additionally, movements are being made to stop the spreading of disease and to limit oceanic pollution by containing salmon in solid tanks rather than in netting. “In Washington State, Domsea Farms has launched a land-based, freshwater system to produce coho salmon.” (David Suzuki Foundation, n.d.) This method is not only environmentally sound, but it opens up aquacultural boundaries. By containing fish in these large tanks, there is potential for salmon aquaculture to
The company has been pioneer in field of business and also been responsible. The company has kept its objective very close to its heart and its initiative to reduce Carbon Footprint and water wastage to Zero by 2040 and Sustained source of supply for its food business by 2020 shows its commitment towards external stakeholders as well. They have been pioneer in field of business and have worked to improve its business
May 2007 to April 2009 Update Over the past two years, AFC has faced more intense competition, particularly from aquaculturists in Chile. In addition, Chilean output has increased the supply of salmon and the Canadian dollar has strengthened in relation to the U.S. dollar. As a result, AFC has been unable to meet its budgeted revenue targets. Stocks of unsold harvestable fish have increased, as well as the corresponding cost of maintaining the fish, and the company barely made a profit in fiscal 2009. In January 2009, AFC lost one of its largest retail customers, S&F Seafood, to a new salmon aquaculture firm, Nu-Farm Inc. This new
Methods of campaigning include print and electronic media, mail, door-to-door, speeches, and phone calls. The most expensive type of campaigning, however, is media ads. This includes television, radio, and print ads. These are also likely the most effective ways to get publicity.
Instead of using techniques or machines, they use their favorite flying fishing rod and reel, and then fish in the Tahltan River (Seabridge, 2012). The status of the major fish stocks in the Nass, Stikine, Skeena and Iskult rivers is at healthy zone but also shows a declining trend (Seabridge, 2012). Major fish stocks have started migrating upriver but have not reached spawning (Seabridge, 2012). In winter and summer, salmon harvesting becomes an important activity for the Tahltan to get their food in the mid-Stikine, upper-Nass (Wonders, 2012). The Tahltan people make a living by hunting wildlife. In the northern boreal forests, their animal food sources are salmon, moose, black bears, mountain goats and caribous due to the cold weathers (Wonders, 2012). Raspberries, strawberries, bush cranberries, blueberries and pine mushrooms are the main plant food source for the Tahltan (Seabridge, 2012). There are some connections between their diet and economy. Trade within their tribal is important for the Tahltan. People use their fishing village in different seasons, and the trade for high salmon stock is the traditional source of Tahltan’s revenue (Kennedy, 2014). People get money by hunting and trapping animals such as caribou, moose and bear, and do more trade exchange activities with others as the intertribal trade (Seabridge, 2012). The exchanging of copper, shells, leather goods and snowshoes is another
We aim to run ads online, television, and radio so we can reach the largest audience possible. Airtime and website banner ads are not cheap, but they provide candidates a great platform from which to project their campaign’s message.
Communicate and sell products or services so that they effectively demonstrate value to the target market
This marketing research project is developed to benefit the future development of Aulani, a Disney Resort and Spa, especially focus on green marketing perspective. In this project, the format of marketing plan is followed and it has four main parts. First, a general business description is given, having an overview of Aulani. Second, the internal business environment of Aulani is analyzed, from both fundamental principal of marketing perspective and green marketing perspective. Following is the analysis of Aulani’s external business environment, which can be divided into two parts, general environment and competitor analysis. Finally, SWOT analysis is withdrawn to conclude the previous analysis and two marketing strategies
To go with the radio ad, the use of newspapers will also be a big integral part of the communication strategy. Ads would be
For instance, they have created a new product called “Snack-Well” which the reduced-fats products have successfully retains its tastiness. This has expanded its product range and created a healthy awareness.
Marketing is perhaps the most important activity in a business because it forms the communication bond between the customers and the company, and it’s a key aspect of communicating the value of the product.
Print and radio advertisements – Organizations can use print media such as news papers for regional, national and international searchers or publicize through radio.