This document provides an execution plan for a marketing campaign, focusing on Cadbury's World as a case study. It covers the target market, objectives, proposed campaign, and measuring success. The marketing mix and budget are also discussed.
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Marketing Campaign Execution Plan
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Contents Contents...........................................................................................................................................2 INTRODUCTION...........................................................................................................................1 MAIN BODY..................................................................................................................................1 Proposed target market................................................................................................................1 Objectives of campaign:..............................................................................................................1 Proposed Market Campaign........................................................................................................2 Measuring success of Campaign.................................................................................................4 CONCLUSION................................................................................................................................5 References........................................................................................................................................6
INTRODUCTION Marketing campaign is one of tool which helps business to provide direction to their marketing team in order to put efforts to increase awareness of their products(Heesen, 2016). This helps business for identification of their target market and provide opportunity to attain objectives of their business. This project report includes study of Cadbury’s World which is UK based destinations for tourism. This destination is attraction for families as well as kids and also include fun activity in business. Owner of this destination is Cadbury organisation which is providing chocolates, biscuits to their target customers. This project report includes target market and objects of marketing campaign. This report also contains information of proposed marketing campaign of company. MAIN BODY Proposed target market Target market refers to a group of buyers available in market to whom organisation target their products as well as marketing efforts(Ju, 2018). This is a small part of total market which contain group of customers with similar taste, preferences, age, income, location and other aspects. Object behind targeting a group of customers is that it helps business to understand taste as well as preference of customers and service them effectively. Target market of Cadbury’s World is Small kids and families. As Kids love chocolate and candies and putting this aspect in minds, business has created Cadbury World. It attracts kids and their parents as a tourism destination. Objectives of campaign: There are various objects of marketing campaign of Cadbury’s World which helps business in various ways. These objects of organisation are as follows: Increase numbers of customers: Object of this marketing campaign is to increase number of travellers for selected organisation(Patil and Agarkar, 2019). With marketing campaign business can increase awareness in their target customers. It helps business to attract those customers to their destination and result in increase number of customers to their travel destination. 1
Increase profit of business:Marketing campaign of business increase awareness on their customers and increase numbers of visitors to their destination. This provide opportunity to organisation to earn more profit and increase market share. Proposed Market Campaign Marketing campaign refers to activities which is used for promotion of products of organisation by using different communication medium(Roux, 2020). These mediums include television, radio, social as well as digital platform. Marketing plan refers to a document which contain information of advertising strategy to reach to its target market. marketing Plan of Cadbury include use of different promotional tool to increase numbers of customers to their travel destination. Cadbury World is a travel destination in UK which are providing different experience to customers. This travel destination is targeting families and children to their travel destination. There are various games and fun activities at this destination to entertain their customers and enhance their experience. Business is providing 4D chocolate adventure to their customers and also shoe their manufacturing of chocolate. They are providing additional service including chocolate stories, chocolate marketing, adventure venue and many other activates which enhance experience of their visitors. Vison and mission:Vison are a statement a long term view of organisation which helps in sustainability as well as long term development of organisation. Vison of Cadbury world is to attract tourist their destination and enhance their experience and satisfying their demand with different entertainment activities. Mission statement is one of statement which include goals and objectives of business for which they are conducting their business. Mission of organisation is to provide quality to their customers to build good relation to their customer. Marketing Mix:marketing mix refers to a tool which include four components of marketing. These components include place, product, promotion, price(Serven, 2017). This marketing mix helps an organisation to develop a message of their business in market to reach their target customers. Marketing Mix of Cadbury’s World helps business to make strategic decision in their enterprise. Explanation of these components in organisation are as follows: Product:Product is any goods and service offered by organisation for sales in market. These products as well as service is produced for purpose of satisfying needs a well as wants of their customers. To be successful in market place, it is important for any 2
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business to offer differentiated products. In this, marketing campaign, product offered by business is providing Cadbury’s World as tourism destination to their customers. This provide complete new and enhance experience to their customers. Price:Price is an amount which a customer is ready to pay for exchange of product of company. While determination of price of a product, marketing team need to consider costofproductoftheirproducts,marketing,researchaswellasdevelopment, distribution. Prices is also analysed by business on basis of quality of their product. Organisation of Cadbury’s world are offering their products as well as service at affordable prices which are enough to gain market share and earn more profit. Place:Place is area where product is offered by organisation to their target customers. It is important aspect to consider by business as it is related to distribution of product. General products offered by business is sold in general stores whereas premium product is often offered at selected stores. But nowadays business is offering their product at online platform which is an effective place. Cadbury’s World can offer their product at online as company can provide tickets or entry pass of their travel destination. They can also use online platform and can use different technologies for purpose of providing travelling experience of their customers without any fear of global pandemic. Promotion:Promotionisan activitywhichisconductedby businessto increase awareness of their product. Introduction of product along in market is not sufficient for business to earn profit, they also need to increase awareness of their product and communicate their message with their customers. These promotional activities include advertising,personalselling,salespromotion,publicrelation.Toconstructthese activities firm, need to construct a message which they want to convey their target customer. For promotion of their product Cadbury’s world can adopt advertising through television, social media or tool of digital media. Time Scale:Time scale is an estimation of time required by business for conducting their marketing campaign(Zwerin, Clarke and Clarke III, 2020). This time scale helps business to conduct their activity within that time period and analyse whether they attained their goals within selectedtime.Thistimescaleshouldnot be morelong a itmayincreaseexpensesof orgnaisation. It also should not be too short that may fail to attain objectives of organisation. Time scales for marketing campaign of Cadbury’s World business is 6 months. 3
Budget:Budget is an estimation of expenses as well as revenue of business for a specific period of time(Goic and Rojas, 2016). This budget helps business to be spend within a limit and avoid to overspend in organisation. Budget of this marketing campaign helps marketing professional of Cadbury’s World to avoid overspend in money.Thisbudget of marketingcamping of organisation contains detail of expenses to be done related to marketing and this budget is mentioned underneath: Master Budget Particulars1styear2ndyear3rdyear4thyear5thyear Initial Amount 70007500110001550019350 Investment1000012000200003000015000 Total1700019500310004550034350 Marketing Outlay Promotion75002300330042002550 Direct Selling32003100440032003000 Social Media32002700500040006550 Total139007100127001140012100 Measuring success of Campaign Measurement of success of marketing campaign is important for business to analyse efficiency of that campaign in business. Key performance indicator is one of tool through which managers of Cadbury’s World can measure efficiency of their marketing campaign in order to attain their smart objectives. KPI is one of tool to measure performance of any organisation with compare to other own performance. By using KPI tool it is analysed that there is increase in customers in company with this marketing campaign. This increase in their customers also provide them opportunity to earn more profit. Organisation can also adopt different techniques for increase their market share and hiring employees with diverse skills. 4
CONCLUSION From above mentioned project report, it can be concluded that marketing campaign of business is prepared for conducting of marketing activities in enterprise. There are various activities conducted by business in this campaign which helps business in increasing awareness of their product and also increase sales of their product in market. For this firm need to select their target market to whom they want to offer their products and service. There are different objects of firm for their market campaign and these include increase awareness, increase in sales and profit of business. To prepare a marketing plan for business. Organisation need to consider vison mission and marketing mix of their firm. These helps them to understand in which direction they need to put their efforts. Marketing plan helps business to attain desire result of organisation within budget and time scale of business. 5
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References Books and Journals Heesen, B., 2016. Strategy Execution. InEffective Strategy Execution(pp. 103-122). Ju,I.,2018.MarketingCommunication.TheInternationalEncyclopediaofStrategic Communication, pp.1-14. Patil, S.A. and Agarkar, P., 2019, September. Systematic Review of Data Mining based Recommendation Methods Reference to Business to Business (B2B) Recommendation. In2019 5th International Conference On Computing, Communication, Control And Automation (ICCUBEA)(pp. 1-7). IEEE. Roux, T., 2020. Does the guerrilla win, if he does not lose? Advertising media practitioners' views on guerrilla marketing challenges and potential negative consequences.Journal of Public Affairs,20(2), p.e2007. Serven,L.,2017.ISFORECASTINGDESTROYINGYOURPLANNING PROCESS?.Strategic Finance,99(1). Springer, Berlin, Heidelberg. Carlson, C.R. and Le, U., 2017. Trim the ribbon: Reconsidering the ethics of breast cancer campaigns.Journal of Media Ethics,32(3), pp.168-178. Zwerin, A., Clarke, T.B. and Clarke III, I., 2020. Traditional and Emerging Integrated Marketing CommunicationTouchpointsUsedinEffieAward-WinningPromotional Campaigns.Journal of Promotion Management,26(2), pp.163-185. Goic,M.andRojas,A.,2016.Investigatingtheeffectivenessoftriggeredemail marketing.Available at SSRN 3217130. 6