Expressing Ourselves: A Marketing Campaign Plan for ALDI
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This report outlines a marketing campaign plan for ALDI, focusing on the tagline 'Expressing Ourselves'. It covers a marketing audit, TOWS analysis, marketing objectives, marketing mix, and recommendations for improving customer service. The report provides insights into ALDI's background, strengths, weaknesses, opportunities, and threats.
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EXPRESSING OURSELVES A TWELFTH MONTHS MARKETING CAMPAIGN PLAN FOR ALDI
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Table of Contents 1.0 INTRODUCTION.....................................................................................................................3 1.1 Background of the company.................................................................................................3 2.0 TASK 1......................................................................................................................................3 2.1 Marketing audit.....................................................................................................................3 2.2 TOWS Analysis....................................................................................................................4 2.2 TWOS analysis for ALDI.....................................................................................................5 3.0 TASK 2......................................................................................................................................6 3.1 Marketing objectives.............................................................................................................6 3.2 Marketing objectives for ALDI.............................................................................................7 4.0 TASK 3......................................................................................................................................8 4.1 Marketing Mix......................................................................................................................8 5.0 TASK 4......................................................................................................................................9 5.1 Customer service...................................................................................................................9 5.2 Recommendation for improvement of customer services for ALDI..................................10 6.0 CONCLUSION........................................................................................................................11 7.0 REFERENCES........................................................................................................................12
1.0 INTRODUCTION Marketing plan refer to the overall planning which is adapted by the business in respect of targeting the market though promoting the products or services which they are dealing in respect of sustaining the business. The main purpose of choosing the marketing plan is to take accurate steps and actions to achieve the common goal which is attaining in business. Thus, in short marketing plan refer to outlining the advertising and marketing efforts to outline the upcoming year which results in sustaining growth of the business (Armstrong and et.al., 2018). In this present report, the study is outlined through carrying the objectives relating to the tag line of the business 'Expressing Ourselves'. It covers the following matters relating to conducting the marketing TOWS for ALDI. It also includes the marketing objectives which is undertaken to set the express ourself marketing campaign to be achieved for the next 12 months. It further includes the matter relating to covering the proposals which is undertaken for improving the levels of the customer services. At last, the report ends with the recommendations and conclusion which reflects the overall marketing objectives of the ALDI. 1.1 Background of the company Present report is based upon the study of the ALDI supermarket which is founded by kari and Theo Albrecht on 1946. The products which they are offering is related to the groceries products or other household related products. Due to carrying the renowned brand name in market, they are operated with around 10,000 stores and also engaging in around 20 countries. The profits which they gained through these aspects is relating to more than€50 billion. The main objectives which the ALDI carries in the business is relating to serving the customer with the best services and also building the loyalty among them regarding providing the accurate products or services (Piercy, 2016). At present, they are engaged with around 32,000 employees carrying the business worldwide and also interacting with the customer to build trust and honesty among them. 2.0 TASK 1 2.1 Marketing audit Marketing audit refers to the systematic approach which is used to cover the marketing plan, objectives of the business and also the strategies which is used to achieve the common goal in the business. Usually such audit is planned according to examining the internal and external
factors which attaining in environment and thus the strategies are to be planned to manage the business accordingly (Marketing Audit: Definition, Uses & Examples,2020). Thus, through the process of marketing audit, it results in gaining major advantages in the business regarding helping the business to adapt the right planning and adapting the strategies to gain longer terms profits. It is important in business in respect of monitoring the marketing activity and also recommending the company to improve the performances through adapting such strategies. It is stated that marketing audit carries various tools and techniques which is used in examining the accurate results for the business (Tools for conducting marketing audit,2020). It is stated as: SWOT analysis:This is conducted by examining the internal strength of the business. Through this manner, the stability and integrity of the company is determined by examining its strength and weakness of attaining the particular task. PESTLE analysis:In these aspects, the impact of the business is undertaken through examining the external factors which affecting the working of the business (Turban and et.al., 2018). Five force analysis:It results in showing the competitive environment of the business. Through these aspects, the impact raised regarding managing the buyers, supplier and entrance of new business at work place. It also results in showing the impact upon the business regarding producing the same products as related to other company products. 2.2 TOWS Analysis It refers to the simple tool which is mainly undertaken in respect of examining the strategies option to gather information related to internal and external factors. By conducting the external factors related to threats and opportunity, it results in helping the business to examine the benefits which they gained from external factors (Using the TOWS Matrix,2020). Similar, with the case of internal factors such as strength and weakness, it results in examining the internal working condition which is related to employees motivation or dedication towards attaining the task within the stipulated time period. TOWS matrix is used by the business in respect of carrying the strategic options which is relating to examining the facts and information which is attaining in the business and also the reviews and opportunities which is gained from the external factors.
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2.2 TWOS analysis for ALDI Opportunities Strength ï‚·Themajorstrength whichisgainedto ALDIisrelatingto increasing the sales by 19.8%incomparison totheotherchainof supermarket(Hill, 2017). ï‚·Thereputationofthe companyisenhanced throughraisingthe qualityproductsand providingtothe customer within the set time period. ï‚·Duetodealingin intellectualproperty rights,theycarrythe rights related to patent andtrademarkinthe business. Weakness ï‚·The weak point which isattainedinthe business is relating to failure in attracting the customertowardsthe services. As it is stated that ALDI is offering themajordiscountto the customer to retain theirinterestbutstill hadtoimposehigh prices on the products to maintain their sales andprofitsinright manner(Steenkamp, 2017). ï‚·Insteadofhavingthe highsalesgrowthin 2017, still they are not managingtheir operationalactivityin better way as TESCO, Sainsbury, ASDA and Morrisons. Opportunity which they gained throughthisperspectiveis relatingtoenhancingthe customerneedsbytargeting the new market segment. Opportunity which they gained through this perspective is that customerisattractedifthey findofferorschemeon particular products which are
satisfying their daily needs. In such aspects, they charge extra prices but provide discount on some other products. Through thismanner,themoneyis invested in particular services and customer are retained for longer time period. ThreatsThroughcarryingthe renownedbrandimagein market,thethreatswhichis raised in business is relating to facingtoughcompetitionin market (Hill and Hill, 2017). Thus,byadaptingthe innovativemarketing technologytoretainthe customer needs, the threats can bereducesinrespectof satisfying the customer interest inprovidingthequalityand unique services. Byexaminingtheweakness, the threat is raised in respect of notmanagingthequality controlornotfollowingthe governmentrulesand regulationduringexpanding thebusinessindifferent countries. In such manner, the threatsisexaminedby providingmorequality productsbydifferent companiesascomparisonto ALDI. 3.0 TASK 2 3.1 Marketing objectives It is defines as the term which is relating to setting the accurate goal and mission which is undertaken by the business in relation to satisfying the customer needs and interest towards the business. Such objectives are to be prepared in respect of targeting to achieve such goal within the stipulated time frame(Menary, 2018). Thus, it refers to the short term gain which is planned by the company in respect of achieving the longer gain to the business.
In context of examining the view point of the business regarding understanding the importances of having objectives, it results in increasing sales in the business. It also enhances thecustomerloyaltythroughprovidingthequalityproductswithinthesettimeperiod (Chamoux, 2019). The importances of setting the objectives in business is relating to motivating the employees to attain the task within the stipulated time period and also bring creativity and innovative ideas at work place. In relation to applying the SMART principles in business, it is further classified into: ï‚·Specific:The goal which is to be achieved must be clear and specific. ï‚·Measurable:After setting the goal, the objective must be meaningful and also determines various ways to be fell motivated and focused towards the target. ï‚·Achievable:The goals which is set must be attainable and also the carry the abilities to achieve such goals within the set possibilities(El Sayad, 2016). ï‚·Relevant:It is stated that the goals which is set must be relevant and useful for the research. Thus, the results and data which is interpreted must provide relevant results. ï‚·Time bound:The objectives which is set must carry the time boundation. So, that it is to be achieved within the set time period. 3.2 Marketing objectives for ALDI The marketing objectives which is set for ALDI, to be achieved within the 12 months is relating to: 1.To increase the sales of ALDI by 25% at the end of the year 2020. 2.To increase the market share by 50% till the time period of January 2021. 3.To increase the users of the digital marketing by the period of 3 months starting from May 2020. The first objectives which is to be achieved through using the tag line for marketing is relating to expressing ourself. By using the innovating promotional strategy to retain the interest of customer towards the business is resulting in increasing sales in the business. The second objectives which is prepared by undertaking the set goal with the time period is to be undertaken through increasing the capability of the buyers to prefer the products(Villani, 2018). Through this manner, the market share is increased and also resulting in increasing the reputation and goodwill of the business. The third perspective which is resulting to increasing the usage of digital marketing through ordering the products online. As by expressing ourself in respect of
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providing high rated security results in securing the customer information and also enhancing the user reviews in larger way. 4.0 TASK 3 4.1 Marketing Mix It refers to the combination of various set of action which is undertaken by the company to control the needs and demands of the customer through preferring the company products. It is some kind of the business tactics which is applied by the business in respect of using various promotional tool to promote the business at larger scale(Coleman, 2018). The marketing mix is used in business in context of managing or arranging the elements to examine their overall marketing strategy and sustaining their position in market. As business is undertaking their marketing campaign in respect of expressing ourself, thus marketing mix helps in examining the overall element to enhances the main objectives of the ALDI (Strategy, 2019). To undertake the marketing mix, it requires adequate planning, understanding the matters and also consulting with other people before applying any such aspects in the business for longer term gain. It is stated that marketing mix is covered with the 7'P of marketing such as products, price, place, promotion, people, process and physical environment. Thus, it further divided into following aspects such as:ï‚·Product:It refers to the particular products which satisfied the needs of the people through providing the quality products or dealing in timely deliver of services. In context of ALDI, they serve the customer to the wider range of services or products such as fresh foods or bakery related items or household products (ALDI Marketing Mix Web,2020). Thus, in respect of retaining the customer interest, they serve their own label products which results in high rated quality and also deal in eco friendly related products.ï‚·Place:It is very important in the marketing mix, as it refers to the physical stores where people personally visit and purchase the products. Usually, the integrity and stability of the business is determined through viewing the physical stores of the company. In respect of ALDI, it is stated that the place which is usually refers to the customer where they can purchase the company products (Bajer, 2017). It is stated that ALDI had around 840 stores in UK and carrying 1900 stores across 35 states. Due to examining the most demandsofthecustomerregardinggettingtheproductseasily,ALDIdealingin
establishing their stores in the mid of the places. Through these aspects, it is easily reachable by any person.ï‚·Promotion:Through the process of promotion of business in market, it results in enhancing the brand image of the company and also attracting the customer towards the business. Usually companies had various options to choose the mode to promote the business such as advertising, sales promotion, personal interaction and many more. In respect of matter related to ALDI, it is stated that the ALDI mainly uses the innovative ideas and concept to promote the business through advertising (DeSmet, 2018). Through these aspects, they able to interact with customers and also take the feedback once, they avail the services. In few aspects, ALDI also uses the sales promotional tool, to cut off its prices though expressing themselves in better manner.ï‚·Price:It is stated that the prices which is imposed by the company upon the customer on preferring the particular products or services. The fluctuation in prices results in affecting the interest of the customer regarding preferring such products or not. In case of ALDI, they mainly use the penetration pricing strategy in which they set low pricing in the initial period and once the products are growing with its demand, they imposed high prices for the particular products (Laffy and Walters, 2016). Through this manner, they attract the customer towards the business and also build the customer loyalty through providing the quality products. ï‚·People:It refers to the person who are working under the business to promote the business or also using the techniques to resolve the customer issues in right way. In respect of ALDI, people of ALDI work under the sales team in which they are adapting various efforts to enhances their marketing techniques. This can be achieved through recruiting the efficient person which provide the effective training to the employee and also guide them to achieve goal in the set time period. Customer is happy if their views are resolved and also they are guided in right manner. 5.0 TASK 4 5.1 Customer service Customer services are one of the most important part in the business and thus every business use the different tactics to retain the interest of the customer towards the business for
longer way. Through providing the effective customer services, it results in building the strong connectivity with the customer and also helps business to grow at global level (Richardson, 2019). In context of business, every company keep the separate department which is stated as customer services. They are properly trained and guided to interact with customer and resolve their issues which they are facing after availing the company products. The importances of the customer services in the business is relating to building the customer loyalty through providing the quality products. Customer is important in business, as through their money or feedback, the dependency and stability of the company is determined. In respectof ALDI, toprovide effectivecustomerservice resultingingaininglonger term advantages to the business (Szmigin and Piacentini, 2018). By increasing sales in the business resulting in producing more products and in return delivering quality services to customer. In respect of undertaking the tag line relating to expressing ourself, customer services play the major role regarding presenting the strength and benefits of the company and also resoles the customer issues which they are facing regarding preferring the products. 5.2 Recommendation for improvement of customer services for ALDI As ALDI is famous for its marketing strategies and thus, various aspects are to be recommended to the employees regarding improving the services which they are providing to the customer such as: ï‚·Customer are attracted if their problems are listened and resoled within the stipulated time, thus in such aspects, employees had to enhanced their listening skills. Through this manner, they actively listen to their customer and then provide suggestion to resolve their issues. ï‚·It is necessary that employees must work on their languages, as the tag line which is using to promote the business is relating to expressing ourself, thus, the employees must clear with the company products or services(Langham, 2018). So, that they can guide the customer in right directions. ï‚·Customer services are improved in respect of measuring and analysing the feedback which is given by the customer once they avail the products. Through responding the feedback in right manner or resolving their issues within less time period, it results in retaining the customer interest towards the services for longer way(Rekettye, 2019).
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ï‚·ALDI can improve the customer services through undertaking the concept 'express ourself in respect of improving the technical skills. In this, they promote the company through providing more security to the customer information which they shared during ordering the company products online. ï‚·Customer are attracted if they find that their services are improved and also getting extra monetary rewards in combination of the products which they ordered. Through this manner, they communicate with the customer regarding promoting the marketing tag line regarding expressing ourself in new manner(Glauner, 2016). The positive impact lies in respect of building the strong connectivity with the customer and also enhancing their interest in longer way. 6.0 CONCLUSION From the above study, the report concludes the matters relating to the conducting the marketing plan for the strategies which is adapted by the business in respect of promoting the concept in market. The report is based upon the ALDI which is the discounted chain of supermarket in UK carrying wider range of products or dealing in larger number of services. In this report, the discussion is based upon the marketing campaign which they are carried out relating to Expressing ourself in which they promote the services through increasing sales, innovative concept adapted in digital marketing or providing better customer services. Through these aspects, it results in increasing sales and also retaining the customer interest towards the business for longer way. It is stated that marketing plan is undertaken in which the objectives is to be achieved through carrying the 5'P. As it is also concluded that the customer services are useful in business and also to apply various innovative ideas to enhances the customer interest in longer time period. Various aspects are also recommended to the ALDI in respect of improving the customer services in better perspective.
7.0 REFERENCES Books and Journals Armstrong, G. M. and et.al., 2018.Marketing: an introduction. Pearson UK. Bajer, J., 2017. Food Glorious Food: an investigation into the processes of learning, network building and articulation of expectations at The Food Assembly in London, UK.Master Thesis Series in Environmental Studies and Sustainability Science. Chamoux, J. P. ed., 2019.The Digital Era 2: Political Economy Revisited. John Wiley & Sons. Coleman,D.,2018.BuildingBrandExperiences:APracticalGuidetoRetainingBrand Relevance. Kogan Page Publishers. DeSmet, B., 2018.Supply chain strategy and financial metrics: The supply chain triangle of service, cost and cash. Kogan Page Publishers. El Sayad, S. M. M. M., 2016.Management accounting and supply chains: actions, concerns, and networks(Doctoral dissertation, University of Glasgow). Glauner, F., 2016. Future viability, business models and values.CSR, Sustainability, Ethics & Governance. Hill, A. and Hill, T., 2017.Essential operations management. Macmillan International Higher Education. Hill,T.,2017.Operationsstrategy:design,implementationanddelivery.Macmillan International Higher Education. Laffy, D. and Walters, D., 2016.Managing retail productivity and profitability. Springer. Langham, T., 2018.Reputation Management: The Future of Corporate Communications and Public Relations. Emerald Group Publishing. Menary, J., 2018.Innovation in the UK fresh produce industry: sources, barriers and innovative capacity(Doctoral dissertation, University of Warwick). Piercy, N. F., 2016.Market-led strategic change: Transforming the process of going to market. Taylor & Francis. Rekettye, G., 2019. Value Creation 4.0. Marketing Products in the 21st Century. Richardson, N., 2019.Sustainable Marketing Planning. Routledge. Steenkamp, J. B., 2017.Global brand strategy: World-wise marketing in the age of branding. Springer. Strategy, B., 2019. Business Strategy. Szmigin, I. and Piacentini, M., 2018.Consumer behaviour. Oxford University Press. Turban,E.andet.al.,2018.ECStrategy,Globalization,SMEs,andImplementation. InElectronic Commerce 2018.(pp. 537-572). Springer, Cham. Villani, I., 2018.Transform Customer Experience: How to achieve customer success and create exceptional CX. John Wiley & Sons. Online ALDIMarketingMixWeb.2020.[Online].Availablethrough: <https://www.scribd.com/document/389011451/ALDI-Marketing-Mix-Web>. MarketingAudit:Definition,Uses&Examples.2020.[Online].Availablethrough: <https://study.com/academy/lesson/marketing-audit-definition-uses-examples.html>. Toolsforconductingmarketingaudit.2020.[Online].Availablethrough: <https://www.sitepoint.com/how-to-prepare-for-a-remote-job-search/>.