This presentation incorporates marketing research activities like PESTLE, SWOT to know factors that can affect new pizza category 'organic pizza' by Relish pizza. SMART objectives, Marketing mix, STP and product launching plan also been embraced in presentation.
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Marketing plan Relish Pizza
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Marketing function dealing with all the activity to generate sale by enhancing the customer satisfaction. Earlier its role is limited to make promotion strategy to increase aware about product and service, but its role has been changed with time, now marketing cover customer need identification, product development and make public relation. This presentation incorporates marketing research activities like PESTLE, SWOT to know factor that can affect new pizza category “organic pizza” by Relish pizza.SMART objectives, Marketing mix, STP and product launching plan also been embraced in presentation. Relish pizza is known for render top quality pizza made by fresh vegetable in reasonable price. INTRODUCTION
Pizza’s journey starts form 997 AD in Italy(approx7000 year ago). Army soldiers used to made pizza in battlefield at time of second world war. Relish plan to introduce new pizza range in market. It will give benefit to company as, UK population has less time to prepare food so they now move to healthy fast food. Pizza is most popular food among youth. fast food industry has opportunity to expended its market across the word because customer choices are rapidly change from traditional food to fast food. Standard pizza already available in market but consumer become more health conscious. According to WHO, body mass index of wealthy countries is increases due to consumption of ultra process food, which render opportunity to company to improve its business. Pizza now become cross cultural dish. People of any age, income group, religion and background consume it with great pleasure. Background and rationale of pizza…
SWOT analysis Strength Sound financial position Old reputation and goodwill Quick delivery Rapid expansion plan Unique SCR programme Best distribution channel Weakness poor Franchise management Low number of store High employee turnover ratio. Low organic pizza range Weak operation management ' Lack of supplier Threat Presence of strong competitors Local pizza maker Economy changes Fresh vegetables availability Key staff leaving Opportunity product innovation Market expansion opportunists Healthy pizza range Onlinedistributiontofixfranchise issue
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•Changes in food policy, tax and interest rate, employment regulation, health and safety law, packaging, labelling, foodqualitystandard,wastemanagement,kitchen Hygiene standard affect Relish. These regulation are made protract the health and safety of consumer. Political factor •Increasetaxratereducesthedisposableincomeof customer. depression economy phase lower cash flow to people.Intheseconditionpeopletrytoavoidluxury expenses.Fastfoodalsocomeinluxuryitem.High unemployment rate also affected purchasing power. Economi c factor •CurrentlyUK facing some serious health issue like life style diseasewhich force Relish to bring healthy pizza. Apartfromitcountrieshaslargenumberofworking capital, so people do not have time make food. Social factor PESTLE
•Technology help in Relish to enhance customer purchasing experience and better operation management. Relish take help of technology in manufacturing,HRM,marketing,customerrelationmanagement, packaging , logic and supply chain management. Technological factor •Employmentlaw,taxandinterestchanges,packagingregulation, Regulations on organic and GMO food, Consumer law, promotion law affect Relish. For instance Relish has to put allergen warning on cover. Ingredients Information must be clear and understandable. Misleading and inappropriate advertisement can not be use for promotion Legal factor •Flood,hurricane,earthquake,droughtimpacttherawmaterial availability, logistic and supply chain of Relish. Company's supportive service like infrastructure, public transportation, water supply, electricity disturb all the business function. Relish use only fresh vegetable in its pizza, which is affected by poor agriculture performance. Environment al factor CONT….
They are Short term goals set by marketing manager to promote product and service. SMART objective framework provide guideline for making effective aim. Following is the SMART objectivesset by Relish pizza. MarketingObjectives Relish wants to generate sale of£1300 per month( in each store ) of its new organic pizza” in England. Company will measure the sale in term of cash inflow (should not less than1300).Marketingdepartment will help for sales KPI dashboard..
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CONT£1300 per month sale is pretty much attainable. Sale team already have well established distribution channel, brand name and customer base.. Organisationhassoundfinancial position which enable it to acquire any resources on time, Also it has 30000+ skilledemployeewhoarehighly motivated and creative people . Relishpizzabreaksale'stargetinto three categories. First on weekly basis, weekly and monthly basis.
Product- Relish will offer different variant like Frying pan pizza, Egg & rocket pizza, goat’s cheese pizza, Pepper-and-Olive Pizza and Mushroom pizza. Price- Company decide to opt differentiate pricing for organic product. It means price of pizza will be based upon value addition and affordability of customer. Like if customer demand extra fresh vegetable( premium pizza), they have to pay more. Place-Consumer can avail pizza form Relish store. These store are easily available in supermarket, Airport, shopping malls, tourist places. order can be place from company website, app, E- food platforms. Process- Relish will take help of automation like robot in pizza making. RFID in supply chain management. Marketingmix
Place- Consumer can avail pizza form Relish store. These store are easily available in supermarket, Airport, shopping malls, tourist places. Apart from it order can be place from company website, app, E- food platforms. Promotion- Relish will use different promotion tool for different consumer. For instance youngsters will be informed on social media, educational and gaming websites. Adults and old people will get information via newspaper, TV and radio.. People- Pizza company gives training to its employee for making healthy pizza because it does not want to compromise with pizza quality. Staff also get training on communication skill. Classes are conduct to teach “ personal hygiene practice”. Physical evidence-Company changes theme of its store form tradition to more natural one. Relish pizza store now have pictured of fresh vegetable on wall.. IT department devolved customer interface friendly app and website.
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Segmentation Demographic segmentation will be use by Relish. It divided its consumer on the basis of income, lifestyle, family size, age group, and on usages' basis. Targeting differentiated targeting strategy will help Company, as it has large customer base on the basis of income, occupation , life style and interest and age Positioning Healthy pizza in affordable prize is the main aim which Relish want to achieve. Advertisement of Relish are forced on convey benefit of eating healthy pizza. Segmentation, targeting and positioning
Idea generation: company will generate pool of idea form past customer data(CRM) to know their expectation, offline and online survey, market research. It will also take help of brain storming, mind mapping and storyboard. Environmental scanning:food law, labeling and packaging law , waste management intensely affect the food industry. Economical factor influence purchasing power of consumer and sale of pizza. Technological changes assist the operation management and embrace customer satiation. •Communicate: Relish pizza manager inform its employee everything about new product and Required changes in their skill to make organic pizza. Shareholder got information of financial consequences by the product. Implementation plan
Product development: Relish will take help of robots in pizza making. CompanyalsodirectitsR&Ddepartmenttobringinnovationin manufacturing process. Marketing: crowd funding, content marketing, explainer video, pins, face book ads, twitter advertisement, email marketing, press release, milestone story telling, blogging, are some platforms will be use by relish to create sunspace and buzz in market. Launch the product; relish going to launch its new pizza on Christmas day. It will use discount and buy one get one policy on this special day. Monitoringandcontrolling:monitoringwillbedonebygetting feedback from customer. Mobile and email feedback form also available. Cont….
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It has been concluded that marketing plays very important role in launching of new product. New Product must fulfill the need of customer. For it Organization has to focus on accuracy in marketing research effort. Marketing search render the information about customer expectation, taste, income and competitor’s policy. Company must design consumer oriented marketing mix, which will help success of product. Conclusion
Fuller, G.W., 2016.New food product development: from concept to marketplace. CRC Press. Bahl, S. and Chandra, T., 2018. Impact of Marketing Mix on Consumer Attitude and Purchase intention towards' Green'Products.A Journal of research articles in management science and allied areas (refereed), 11(1), pp.1-11. Schlegelmilch, B.B., 2016. Segmenting Targeting and Positioning in Global Markets. InGlobal Marketing Strategy(pp. 63-82). Springer, Cham. REFERENCE