Marketing Communication Plan for Costa Coffee's Bamboo Straw Initiative
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This report includes a communication plan to do cause marketing with the new initiative of Costa Coffee's bamboo straw. It covers internal and external audit, target audience, creative strategy, marketing communications mix tool, media mix channels, and campaign management proposal.
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BMM5562 Individual Marketing Communications
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Table of Contents INTRODUCTION...........................................................................................................................1 TASK...............................................................................................................................................1 Internal Audit..........................................................................................................................1 External Audit........................................................................................................................2 Overview of cause campaign proposal...................................................................................3 Definition of the target audience............................................................................................3 Creative Strategy....................................................................................................................4 Marketing communications mix tool......................................................................................4 Media mix channels................................................................................................................5 Campaign management proposal...........................................................................................5 CONCLUSION................................................................................................................................7 References:.......................................................................................................................................8
INTRODUCTION Marketing communication refers to the techniques or methods which are consider as really useful for the business organisations for conveying the information linked with the productsandservicestothetargetcustomers(Juska,2021).Primarygoalofmarketing communicationplanningistodotheevaluationoftoolsofmarketingwhichhelpthe organisation in attaining the marketing goals and objectives. The chosen organisation for this report is Costa Coffee which is a British Coffee house chain having headquarter in Dunstable, Bedfordshire, England, United Kingdom. This report include a communication plan to do cause marketing with the new initiative. TASK Internal Audit Internalauditofbrandincludeauditingofbrandwhichhelptheorganisationin examining how employees, managers and other members of the company brand perceive the brand. While developing communication plan, it is crucial to do internal audit form making vision, mission of organisation more clear. Below mentioned is the internal audit of Costa Coffee:Purpose:Purpose of Costa Coffee is to serve delicious coffee to the people of several countries.Mission:Providing authentic coffee flavour to the audience of different countries is the mission of Costa Coffee. It represent the passion and love for good coffee (Costa Coffee mission statement, 2022).Values:Costa coffee is valuing their customers as well as their employees. They had developed the culture of equality, so that all the employees can work together. In addition to this, they are trying their best to provide best possible flavour of coffee to their customers.Target audience/Market Position:Target customers of Costa Coffee include both male as well as female aged between 18 to 45.Competitive advantage:Costa Coffee is consider as the 2ndlargest coffee chain in all over the world. There are more than 3400 stores in more than 30 countries. It help the 1
organisation in gaining higher competitive advantage as it cover almost all the customers and target them. Marketing Strategy:The management of Costa coffee is not majorly focusing on the advertisement on several sources as they are following the most essential marketing strategy of mouth publicity from their customers. External Audit Below mentioned is the PESTLE analysis of Costa Coffee:Political factors:Costa Coffee is working in all over the world. Hence, its operations are being effected from political decisions of different countries. The respective organisation have to consider all rules developed by the government of country (Lahtinen, Dietrich and Rundle-Thiele, 2020). Changes in the tax rate is the another political factor which can effect the operations of Costa Coffee.Economic Factors:Higher the economic growth in developing countries such as India, act as huge opportunity for Costa Coffee to expand in the market. Higher the income of people living in UK result in higher demand of coffee offered by Costa Coffee.Social Factors:Various social factor also implies affect on Costa Coffee. Change in the preferences of people act as both threat or opportunity for the organisation. In today's world, people are mostly preferring to go out in cafe for hangout. It work as huge opportunity for Costa Coffee as it help the them in making making more stronger customer base.Technological Factors:Costa Coffee is using advance technology for the smooth functioning of HR activities and payroll procedure. Through the use of Ceridian's Dayforce Workforce management Technology, the management of Costa Coffee is planning staff scheduling for the purpose of delivering the correct payment to their employees.Suchtechnologicalchangesarehelpingtheorganisationinsmooth functioning of operations.Legal factors:Costa Coffee is providing safe and healthy working environment to their customers as well as their employees because it is necessary for them to follow laws and regulations related top the working environment. In addition to this, the respective organisation is providing food products as per the standard set under respective laws. 2
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Environmental factors:Costa Coffee is using paper made cups for serving to the customers. Through this act, the respective organisation is showing their concern related to environment. Overview of cause campaign proposal Costa Coffee is bringing some innovation in their operations i.e. bamboo straw for serving the customers and saving the environment by not using plastic. In order to reach to the customers and communicating them related to the new idea, the management of organisation is required to develop campaign. Below mentioned is the cause campaign proposal developed by the Costa Coffee:Purpose:The major purpose of introducing the bamboo straw is to make environment safe through avoiding the use of plastic. They are replacing plastic cups from paper cups and plastic straw with bamboo straw.Mission:Mission of cause campaign of Costa Coffee is to provide the best flavour of coffee to their customers by saving environment. Campaign Objectives:For the purpose of performing grabbing success in the cause campaign of marketing, the Costa Coffee have to develop SMART objectives. These objectives help the management in analysing the success of marketing campaign. Some of SMART objectives of Costa Coffee related to the introduction of bamboo straw are given below: Bringing improvement in the sales of coffee with 10% within the duration of next 3 months. Performing business operations by saving environment. Increasing the level of engagement of audience by 12%. Definition of the target audience The primary goal of market research is to learn more about the intended audience. Market research assists management in trying to reach out to people that are actually interested in buying the product and services provided by the company. Costa Coffee uses segmentation to analyse its target audience. Segmentation is defined as a method by which several groups, such as demographic,psychographic,geographic,andbehaviouralgroups,havebeendeveloped (MASUD, 2020). Costa Coffee's marketing communication plan for bamboo straw includes females and males between the ages of 18 and 45. As a result, it has been determined that the 3
chosen segmentation for the respective bamboo straw campaign is demographic geographic, as the company operates all over the universe. In addition, the coffee offered by Costa Coffee is of high quality and taste. As a result, they charge exorbitant fees for creation and consumption. Costa Coffee's primary target audience is people with high amount of income. Majorly, the management of Costa Coffee is targeting the people who are looking for sustainable products. The new invention of Costa Coffee i.e. bamboo straw attract the customers who are looking for using the products which are environmental friendly. Creative Strategy Costa Coffee's management must develop creative strategies to attract customers to the organisation and its offerings when planning a marketing communication plan. Marketers are rolling out a new and appealing concept of bamboo straw to add creative thinking while also savingtheenvironment.Furthermore,CostaCoffee'smarketersareusingacreative communication strategy to communicate that they are using bamboo straws while serving their customers the best taste and quality of coffee that is completely environmentally friendly. Marketing communications mix tool Marketing mix is defined as the aspects of marketing that assist a business organization's management in making decisions about the products and services it offers. It consists of four main components: product, price, location, and promotion. Costa Coffee is aimed to create the implementation of marketing mix plan during creation of marketing communication plan. The following are the essential components of a marketing mix plan:Product:It refers to the physical goods and services that a company provides to its target customers. Costa Coffee's product lines involve food and beverages items such as coffee, snacks, and breakfast, among others. Customers can purchase edible items from the respective business organisation. Costa Coffee is using bamboo straw and paper based cups for serving coffee to the customers.Price:It is defined as the monetary value received by a business in exchange for providing goods to consumers (Nieves-Casasnovas and Lozada-Contreras, 2020). Costa Coffee offers premium-priced food and beverage products to their customers while also delivering superior quality products along with using the environment friendly products including bamboo straw. They are implementing premium pricing strategies. 4
Place:It refers to the location where customers can purchase goods and services. This component of marketing mix also determines a company's distribution system for its products and services. Costa Coffee provides coffee to their customers both online as well as offline. Customers can purchase the products from Costa Coffee's offline locations. Customers can also order coffee from an online website as well. Promotion:It is the method by which a company's marketers communicate with their customers about their products and services in order to persuade them to purchase them. Costa Coffee uses social media channels such as Instagram, Facebook, and others to communicate with clients and persuade them to buy coffee. Media mix channels It is defined as the plan under which a business organisation make the decision of their investment on several media tools while executing marketing communication plan. Below mentioned is the distribution of costing of Media tools by the management of Costa Coffee while developing marketing communication planning: ToolsCosting BuzzSumo10000 Google Trends15000 Buffer Publish5000 Canva20000 Unsplash7000 Total57000 Campaign management proposal It refers to the framework prepared by Costa Coffee's management in order to carry out all campaign activities in an effective and timely way. A stronger promotional management plan aids in avoiding waste of resources, time, and money (Rėklaitis and Pilelienė, 2019). The creation of a campaign management plan assists marketers in reaching out to their target customers and persuading them to purchase a specific product or service. The following are the various stages of Costa Coffee's campaign management plan: 5
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Production Plan:It refers to the plan that is used to plan the entire process or all of the activities associated with the manufacturing process. Costa Coffee plans all of their production activities during this phase. It entails the planning of all machinery, the need forresources,funds,andhumanresources.ThemanagementofCostaCoffeeis contacting with the bamboo production companies and planning to do the production of bamboo straw.BudgetPlan:Itreferstotheplanthroughwhichthemanagementofbusiness organisation plan their activities of campaign. On the basis of budget plan, the respective business organisation make the decisions of doing investment in several sources. Below mentioned is the budget plan prepared by Costa Coffee for Cause campaign of marketing: Evaluation Plan:It is defined as the planning of actions that appropriate actions in trying to analyse or evaluating the success of the prepared marketing communication plan's performance(ThabitandRaewf,2018).CostaCoffeeemploystheBenchmarking technique to evaluate the performance of an organization through the advancement of a marketing communication plan. Costa Coffee's management is measuring the difference between the final results and the anticipated outcome using a benchmarking tool. Benchmarkingtechniquecanbeappliedthroughmeasuringthesustainabilityof organisation in the society. Sustainability of organisation can be measured through the goodwill and increase or decrease in the range of sales. 6
CONCLUSION According to the above report, developing a marketing communication plan is critical for a business organisation when working on marketing a specific product or service. Marketing communicationplansassistmanagementincarryingoutmarketmarketingactivitiesand reaching out to target customers. In order to sell products and services, management cultivates strong relationships with their customers. A campaign management plan also aids in the effective execution of campaign activities. Marketing mix tool plan assists in making decisions about an organization's offerings, as well as decisions about costing, physical distribution, and other factors. 7
References: Books and Journals Juska, J.M., 2021.Integrated marketing communication: advertising and promotion in a digital world. Routledge. Lahtinen, V., Dietrich, T. and Rundle-Thiele, S., 2020. Long live the marketing mix. Testing the effectiveness of the commercial marketing mix in a social marketing context.Journal of Social Marketing. MASUD,M.F.,2020.Marketingresearchandintegratedmarketingcommunicationplan. Marketing research and integrated marketing communication plan,65(1), pp.24-24. Nieves-Casasnovas, J.J. and Lozada-Contreras, F., 2020. Marketing communication objectives through digital content marketing on social media. InForum Empresarial(Vol. 25, No. 1, pp. 57-82). Centro de Investigaciones Comerciales e Iniciativas Académicas. Rėklaitis, K. and Pilelienė, L., 2019. Principle differences between B2B and B2C marketing communication processes.Organizacijø Vadyba: Sisteminiai Tyrimai, (81), pp.73-86. Thabit,T.andRaewf,M.,2018.Theevaluationofmarketingmixelements:Acase study.International Journal of Social Sciences & Educational Studies,4(4). Online CostaCoffeemissionstatement,2022[Online]AvailableThrough<https://mission- statement.com/costa-coffee/#:~:text=Its%20mission%20is%20to%20provide,world's%20most %20loved%20coffee%20brand.> 8