WOOLWORTHS ANALYSIS STRATEGIC MARKETING MANAGEMENT REPRESENTED TO SIR. AJAY KUMAR BY ALI ZAFAR MUGHAL (11201449) BIVEK THAKALI RABNAWAZ (11400273) Table Of Contents Mission statement…………………………………………………………………………………………………………………………………………………………………………………… 3 Introduction & Background……………………………………………………………………………………………………………………………………………………………………… 4 SWOT Analysis………………………………………………………………………………………………………………………………………………………………………………………… 6 Market Segmentation Analysis………………………………………………………………………………………………………………………………………………………………… • Geographical • Economic • Demographic • Psychographic • Behavioral 8 Target Market Segmentation…………………………………………………………………………………………………………………………………………………………………… 10 4 P’s…………………………………………………………………………………………………………………………………………………………………………………………………………. 10 Analyze Market cost and return of Woolworths ……………………………………………………………………………………………………………………………………… Ethical Standards……………………………………………………………………………………………………………………………………………………………………………………… Recommendations…………………………………………………………………………………………………………………………………………………………………………………... References……………………………………………………………………………………………………………………………………………………………………………………………….. 16 18 20 23 WOOLWORTHS MISSION STATEMENT “Woolworths Limited is an Australian retail company made up of a number of businesses all providing our customers with quality, range, value and everyday low prices. We 're built on a passion for retail, attention to detail, working hard, ensuring the safety of our customers and our people, and having fun. Our
Coles Myer Limited (CML) and Woolworths Limited (WOW) are two major Australian companies with extensive retail interest and listed on the Australian Stock Exchange. They are Australian public companies which operate a number of retail chains.
Market penetration: This involves the sale of a product line of more than exist in the current markets. Be persuaded to retain agreement as possible for customers to use more to attract new customers all together and this is usually viable only when the market is growing. Moreover Tesco could increase its sales to existing markets, for example, the premium products that currently sell in all Tesco’s.
Target Corporation has recognized itself as one of the top retailers in the United States market on the basis of excellent service quality, customer experiences, operational excellence, strong financial position, and a wide array of product offerings. Through its high degree of service orientation at physical outlets and adoption of fair business practices, Target Corporation has become the most distinctive retailer in the eyes of its potential customers. Being one of the top-notch retailers in the United States, Target Corporation has to carefully strategize on its business operations and marketing tactics so as to keep itself in the row of competitive brands of the industry.
This-essay will analyse the marketing strategy of Kmart Australia which has a total of 180 stores in Australia and 19-stores in-New Zealand. This analysis will cover Marketing, Advertising, Retailing and Sales touchpoints.
This is an individual assignment as a single report in two parts. Candidates are encouraged
STUDENT HANDOUT ASSESSMENT PART ONE MARKETING RESEARCH REPORT Unit of Competency: BSBMKG501B - Identify and Evaluate Marketing Opportunities /35 C or NYC
The purpose of this paper is to identify and analyse the ‘Segmentation, Targeting and Positioning’ (hereafter referred to as STP) marketing strategy used by ‘amaysim Australia LTD’ in the mobile telecommunications market. This will be studied through identifying the specific target markets, segmentation variables and comparing product offerings, specifically the ‘$50 Mobile Phone Plan’ against fellow competitors in the market.
Our California Institute of Advanced Management consulting team (BECK Consulting) looked into many different areas to gain helpful insight and information for Song & Meng, P.C. Our BECK Consulting group focused on four key areas: online marketing strategies, offline marketing strategies (specifically
The Australian Marketing Institute (AMI) is the leading representative body for the marketing profession within Australia. The AMI has been a part of the marketing world in Australia since 1933 ("About AMI", 2016), and has, since then, continually evolved to reflect the changing marketing landscape. AMI has set nation-wide marketing benchmarks, and has acted as a key body in the fostering of the marketing profession, and relevant academia.
The purpose of this report is to provide a strategic marketing analysis of Kathmandu Holdings Ltd (Kathmandu) and the clothing retail sector in New Zealand with specific reference to the outdoor clothing apparel market. The report aims to:
This assignment is about marketing, where I will produce a marketing strategy for a new or existing product. This unit introduces the major principle and functions of marketing; I will look on customer needs, and creating a suitable strategy or marketing mix, which will satisfy customer needs. In this unit I will experience the marketing process from carrying out initial research about a market, investigating the principles of functions of marketing and the way in which it contributes generating income/profit in a business. Marketing is the process of planning and executing the conception, pricing, promotion, and distribution of ideas, goods, and services to create exchanges that satisfy individual and organizational goals.
Marketing is an essentially about marshalling the resources of the organization so that they can meet the changing needs of the customers on whom the organization depends. As a verb, marketing is all about how an organization addresses its markets. Marketing is “The management process which identifies, anticipates and supplies the customer requirements efficiently and profitability”.
Each organization requires different strategic planning, as there is no single strategic planning model that suits all organizations. Every organization has to develop model of strategic planning according to its own development, its nature of business and as per their own planning process. These models provide an extent of options on the basis of which different organizations might be able to select an approach and initiate to grow their own strategic planning process. Any organization might select to combine the models suitable to their planning process, for example, they can use a Basic model to recognize strategic issues and aims, and then they can select an issues-based model to develop approach to initiate the issues and grasp the
Marketing is selling the product goods and service by knowing the needs and wants of the customer and consumer (Kotler P, 2009). Marketing Management expertise has capable of knowing the change of an organisation to manage both the internal and external challenges of environment (Cant M C, et al, 2009). A company needs to classify the customer needs and identifies the demand of the supplying
The most important part of the report was the control process, here I have suggest some control techniques to make the business more effective and developed contingency plans to come out successfully if any unpredicted or incident happen in the internal or external environment.