Table of Contents Part 1: Preparation of a Marketing Communications Plan..............................................................1 1.0 Executive Summary...................................................................................................................1 2.0 Situational Analysis...................................................................................................................1 3.0 Target Consumer........................................................................................................................2 3.1 Consumer..........................................................................................................................2 4.0 Objectives..................................................................................................................................3 4.1 Marketing objectives........................................................................................................3 4.2 Communication objectives...............................................................................................3 5.0 Positioning or Brand Strategy....................................................................................................3 6.0 Creative Strategy........................................................................................................................4 6.1. Objectives........................................................................................................................4 6.2. Strategy............................................................................................................................4 6.3. Executions.......................................................................................................................4 7.0 Marketing Communication Strategies.......................................................................................4 7.1 Consumer...................................................................................................................................4 7.1.1. Advertising Strategy.....................................................................................................4 7.1.2 Sales promotion strategy...............................................................................................5 7.1.3 Public relations strategy................................................................................................5 7.1.4 Direct marketing strategy..............................................................................................5 7.1.5 Digital strategy..............................................................................................................5 7.1.6 Other strategies..............................................................................................................5 8.0 Action/Media Plan.....................................................................................................................6 8.1 Media selection.................................................................................................................6 8.2 Reach, Frequency.............................................................................................................6 8.3 Human Resources.............................................................................................................6 8.4 Timing..............................................................................................................................6 8.5 Budget...............................................................................................................................6 Part 2: Production of a Creative Marketing Communication Piece.................................................7 REFERENCES................................................................................................................................8
Part 1: Preparation of a Marketing Communications Plan 1.0 Executive Summary This report is based upon marketing communication plan created for Aria Sydney Restaurant situated within Australia. This is one of the finest restaurants of the nation and received great feedback from customers owing to its exceptional quality food and beautiful eating experience that is provided within the organisational premises. The company faces threat from rival firms but deal with it by way of its unique and tasty offerings to customers. 2.0 Situational Analysis 2.1 Company analysis Aria Sydney is one of the finest serving restaurants that offer remarkable range of services, atmosphere, staff experience and food (Smith and Zook, 2012). It is Australian vegetarian friendly that offer special diets that include, vegan options, vegetarian friendly, gluten free options. Restaurant is mainly located in 1 Macquarie St East Circular Quay, Sydney, New South Wales. This restaurant formatively brings vision of Bruce Solomon and Matt Moran. Restaurant offer best seasonal and world class produce of wine range. 2.2 Competitor analysis Major competitor of Aria Sydney are found to be Sixpenny, Quay restaurant, Sepia restaurant and many more which pose threat to the sustainability as well as market position of entity. Competitor analysis acts as a strategic research which is specialised in formative reviewing and collection of information against competitor firm (Yeshin, 2012). This tactics proves to be one of the most beneficial processes and a tool with the help of which Aria restaurant Sydney can effectively find what their competitors are doing and threat that may hamper smooth functioning of restaurant. 2.3 Consumer analysis With the help of proper and accurate analysis, Aria restaurant Sydney can effectively able to find out consumer along with actual need of customers. In addition with this consumer market research restaurant can able to identify target market and relevant demographics in order to utilize information in different types of market segments (Strauss, Frost and Sinha,2014). Restaurant mainly attracts 20-45 years age group range of individuals. 2.4 Market and product analysis 1
With the help of market and product analysis Aria restaurant Sydney is able to effectively decide their target audience for their product and restaurant. As per according to National Restaurant Association (NRA) it has been seen that there was a hit of 825 million Australian dollar in the year 2018 in sales. This showcases nominal growth of 4% in real terms. Restaurant provides vegan options which are currently highly acceptable in Sydney marketplace. 2.5 Opportunities and threats Aria Sydney can gain more growth opportunities as there is a high growth as Sydney, market covers key attraction places, cultural heritage and beaches. This acts as one of the strongest opportunity for restaurant to gain more consumer base. Sydney is one of the Australia’s biggest cities that attract tourists from international level. Along with this present location have all the types of 5star, 4star, 3star and 2 star hotel and holiday homes along with holding some of the major international brand such as, intercontinental, Sheraton, The Langham and more that effectively fulfils international tourist needs. There are more than 600 classified hotels present in Sydney that offer attractive room availability (Schwarz and Hunter, 2012). These factors will help Aria restaurant, Sydney to gain more customer base and further increase their competencies. While on the other hand, some of the major factor that acts a major threat for Aria restaurant, Sydney is high seasonal dependency as because of changes in weather during the year. Furthermore, less barrier sector for bars, restaurants and cafe acts as an serious threat for Aria restaurant, Sydney that will lead towards erosion of their profit margin. 3.0 Target Consumer 3.1 Consumer Consumers are believed to be the most crucial aspect for an organisation. It is for customer satisfaction that an entity sustains in market place. Across the globe, the hospitality industry, especially, the restaurant sector is found to be rapidly growing. In this regard, the consumers that have a likelihood towards consuming food in restaurants across the globe belong to the age group of 22-36 years, i.e., millennial. Looking forward to this, Aria Sydney being one of the finest restaurants of Australia, is targeting the millennial section of society. This is because this consumer segment is believed to be having highly influential behavioural characteristics and thus it becomes easy for Aria Sydney to tap the benefit of this to enhance their sales as well as profitability by a good percentage(Parente and Strausbaugh-Hutchinson, 2014). 2
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4.0 Objectives 4.1 Marketing objectives Marketing objectives can be referred to as the goals set by an organisation while promoting its goods and services within potential consumers, which should be attained within a stipulated course of time (Mongkol, 2014). In other words, it can be said that marketing objectives are the key to achievement of organisational goals and objectives.In this regard, the marketing objectives set by the management team of Aria Sydney are devised as follows:- “To enhance the sales of the organisation by 10% by the end of 1 year by making use of social media marketing” “To increase the profitability of company by 5% by the end of 6 months owing to extensive marketing with the help of campaigns” 4.2 Communication objectives Communication objectivescan be referred to as the goals which are set for transmitting specific message within the audience. It is a broad term which can be applied to areas like sales, marketing, public speaking, creative work etc. In this regard, the management team of Aria Sydney identifies the significance of communication within the enterprise(Mihart, 2012).The communication objectives set by the management of Aria Sydney are given below:- “To enhance communication with customers by 5% by the next 6 months by making use of social media marketing” “To increase the views of website by 15% by the end of 1 year by tapping advantage of SEO” 5.0 Positioning or Brand Strategy Branding strategy can be referred to as the long term plan which is used for the development of a powerful as well as successful brand within the global market.A well established and implemented branding strategyimpacts upon all the elements of an organisation is directly linked to the needs, emotions and attitude of consumers(Farhana, 2014).Over years, the success of Aria restaurant owes to its exceptional branding strategy. In this regard, their strategy is to make use of loyalty programmes and festival theme planning to gain the attention 3
of a large number of people. Further, the organisation is making use of social media marketing to engage customers in an interaction so as to significantly enhance its sales and profitability. 6.0 Creative Strategy 6.1. Objectives The firm would be implementing creative strategy which would be communicating customers through Artificial Intelligence. This strategy would be implemented to enhance customer base by 15% by the end of 3 months. 6.2. Strategy Thiscreative strategy would allow the organisation would allowthe company in creatively communicating their customers by implementation of AI in providing effective and personalised attention, along with special offers and relevant information about the company. 6.3. Executions To ensure the application of this strategy, the organisation would be planning the project withitR&Ddepartmentandwouldbeinternallytestingthesamebeforeitsexternal implementation (Eagle, Dahl, Czarnecka and Lloyd, 2014). Then, the company would be communicating with its customers using Artificial intelligence. Its execution would be first on choosing customer segmentation using automation. This would then be utilised in relation to choosing the most effective marketing strategy would be working in an appropriate manner to attract customers. 7.0 Marketing Communication Strategies 7.1 Consumer 7.1.1. Advertising Strategy It is crucial for an organisation to effectively develop appropriate advertising strategies to communicate their offerings to the public. In context with Aria, the most prominent advertising strategy would be launching market campaign for at least 2 months. This would allow the organisation in creating a strong hype of their products in the market which is likely to enhance their sales (Castronovo and Huang, 2012). 4
7.1.2 Sales promotion strategy There are various strategies which could be adopted by the company in relation to persuading consumers of acquiring their products and services. To attain this, the best possible strategy for Aria would be discounted prices for customers on weekends. Such strategy would be influential in persuading customers to visit their restaurants and eat high quality food for lower costs (Blakeman, 2018). 7.1.3 Public relations strategy An effective public relation strategy for Aria would be to ensure better community relations in which the firm would be providing certain offerings to communities free of cost. This strategy would allow the restaurant in assuring effective community support. Furthermore, this would also allow the company in maintaining a good reputation within the market, which is quite essential for its public image. 7.1.4 Direct marketing strategy There are various direct marketing strategies with the organisation which is essential to directly communicate with customers. E-mail is one of the most prominent strategies which will allow Aria to personally communicate with each of its customers appropriately (Batra and Keller, 2016). Further, this method is quite convenient as it is less costly and is a very sage and trusted method to be used for marketing the services and products. 7.1.5 Digital strategy Content Marketing could contribute effectively as a strategy for Aria to accomplish their digital marketing objectives. This is because such marketing is being preferred by customers and the firm would be focusing effectively on its products which it wants to market. 7.1.6 Other strategies Other strategies which could help the organisation in appropriately communicating to customers are through personalised marketing. This would allow Aria in giving each customer prominent attention which would help in better customer relationship. 5
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8.0 Action/Media Plan 8.1 Media selection There are a number of advertising and marketing media that can be adopted by a business organisation with a view to gain the attention of a large number of people. In this regard, Aria restaurant is making use of internet (social media) and print media (newspapers) to capture the attention of people towards the fresh, hygienic and unique food offered by this restaurant (Baker, 2014). 8.2 Reach, Frequency The aim of devising this marketing communication plan is to reach a large number of people of Australia so that the scale of this organisation can be raised in a rapid course of time and the position of entity can be significantly improved. 8.3 Human Resources The human resource is the most crucial asset for an organisation as this shapes the success of an enterprise. Employees are the ones who are responsible for delivering performance on the basis of which organisational objectives are achieved. In this relation, Aria Sydney renders training to its chefs and other human resources with a view to enhance the organisational position in market place. 8.4 Timing It is essential for the organisation to decide the time period for which a marketing communication plan is devised in order to evaluate the outcomes with the set targets (Austin and Pinkleton, 2015). In this regard, the management team of Aria Sydney has set the time of marketing communication plan as 1 year after which the actual outcomes will be compared with desirable results. 8.5 Budget It is essential for every organisation to maintain a budget for carrying out the marketing activities. In this regard, Aria Sydney has also set a budget wherein they have allotted money for Public Relation, marketing through campaigns and social media, and staff. This provides assistance to the enterprise to ensure that promotion of restaurant and its products is being carried out in accordance with the funds stipulated as per the budget. 6
Part 2: Production of a Creative Marketing Communication Piece 7
REFERENCES Books and Journals Austin, E. W. and Pinkleton, B. E., 2015.Strategic public relations management: Planning and managing effective communication campaigns. Routledge. Baker, M. J., 2014.Marketing strategy and management. Macmillan International Higher Education. Batra, R. and Keller, K. L., 2016. Integrating marketing communications: New findings, new lessons, and new ideas.Journal of Marketing,80(6), pp.122-145. Blakeman,R.,2018.Integratedmarketingcommunication:creativestrategyfromideato implementation. Rowman & Littlefield. Castronovo, C. and Huang, L., 2012. Social media in an alternative marketing communication model.Journal of marketing development and competitiveness,6(1), pp.117-134. Eagle, L., Dahl, S., Czarnecka, B. and Lloyd, J., 2014.Marketing communications. Routledge. Farhana, M., 2014. Implication of brand identity facets on marketing communication of lifestyle magazine: case study of a Swedish brand.Journal of Applied Economics and Business Research,4(1), pp.23-41. Mihart, C., 2012. Impact of integrated marketing communication on consumer behaviour: Effectsonconsumerdecision-makingprocess.InternationalJournalofMarketing Studies,4(2), p.121. Mongkol, K., 2014. Integrated marketing communication to increase brand equity: The case of a Thai beverage company.International Journal of Trade, Economics and Finance,5(5), p.445. Parente, D. and Strausbaugh-Hutchinson, K., 2014.Advertising campaign strategy: A guide to marketing communication plans. Cengage Learning. Schwarz, E. C. and Hunter, J. D., 2012.Advanced theory and practice in sport marketing. Routledge. Smith, P. R. and Zook, Z., 2012.Marketing communications: integrating offline and online with social media/PR Smith & Ze Zook. Philadelphia, PA: Kogan Page,. Strauss, J., Frost, R. and Sinha, N., 2014.E-marketing. Upper Saddle River, NJ: Pearson. Yeshin, T., 2012.Integrated marketing communications. Routledge. 8