This presentation discusses the importance of marketing for organizations and how to build a strong marketing plan. It specifically focuses on Zylla restaurant's marketing strategy in the UK marketplace.
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Marketing Essentials
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Table of Content •Introduction •Background of business and rationality of business. •SWOT analysis •Marketing objective for business •Marketing segmentation, Targeting and Positioning •Perceptual Map •Comparison of marketing mix •Design an implement plan for promotional launch •Conclusion •References
Introduction Marketing is very much important for an organization as it assist to reach at large no. of consumers by aware people about organizational products and services in order to reap important outcomes. In order to gain potential outcomes organization have to build strong marketing plan by coordinating each and every attribute. Respective PPT is based on Zylla restaurant which aimed to start a new business in UK marketplace in order to remain competitive in market place.
Introduction Marketing is very much important for an organization as it assist to reach at large no. of consumers by aware people about organizational products and services in order to reap important outcomes. In order to gain potential outcomes organization have to build strong marketing plan by coordinating each and every attribute. Respective PPT is based on Zylla restaurant which aimed to start a new business in UK marketplace in order to remain competitive in market place.
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Introduction Marketing is very much important for an organization as it assist to reach at large no. of consumers by aware people about organizational products and services in order to reap important outcomes. In order to gain potential outcomes organization have to build strong marketing plan by coordinating each and every attribute. Respective PPT is based on Zylla restaurant which aimed to start a new business in UK marketplace in order to remain competitive in market place.
Background of business and rationality of business For an organization it is very much essential to reap important kind of outputs in order to remain always competitive in business environment. After conducting research and development it is found that food industry have large scope in market of UK.
SWOT analysis For an organization it is very much essential for an organization to evaluate the internal and external factors which directly impact on their profitability in order to gain profitability and sustainability. In context of Zylla restaurant, they by evaluating the factors such as Strength, weaknesses, opportunities and threats that are as follows: ◦Strength ◦Weaknesses ◦Opportunities ◦Threat
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Marketing objective for business Marketing objectives can be define as goals set by a business in order to promote its services and products to their potential customers. It is a marketing strategy which is developed for attaining overall target objectives of an organization. •“To enhance sales growth by 10% in upcoming six months to remain competitive”. •To develop different marketing and operational plans in order to work in a collaborative manner by means of a successful introduction, implementation and monitoring of new product into marketplace”.
Marketing segmentation, Targeting and Positioning ForanorganisationSTPmodelplaysverymuchprominentroletogetrightkindofconsumer. Segmentation, targeting and positioning are the tools that helps to align organisational products to right consumers. •Segmentation •Targeting •Positioning
Perceptual Map
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Comparison of marketing mix BasisZylla restaurantMcDonald's ProductThey offerSea food and fast foodThey serves a variety of Fast food such asHamburgers and Sandwiches, Chicken and fish, salads and beverages and many more PriceModerate pricing strategyThey utilize Bundle and psychological pricing strategy in their organisation. PlaceUKWorldwide PromotionPromotionaltoolssuchasadvertisement,sales promotion and media advertisingPromotional tools such as advertising, sales promotion and public relations and direct marketing
Comparison of marketing mix BasisZylla restaurantMcDonald's ProductSea food and fast foodFast food as Hamburgers and Sandwiches, Chicken and fish, salads and beverages and many more PriceModerate pricing strategyTheyusecombinationofpricingsuchasBundleand psychological pricing strategy. PlaceUKWorldwide PromotionPromotionaltoolssuchasadvertisement,sales promotion and media advertisingPromotional tools such as advertising, sales promotion and public relations and direct marketing
Design an implement plan for promotional launch ◦To plan and implement the promotions it is very much essential to plan and implement it in successful manner. ◦It is one of most systematic process in which firstly organisation have to identify the perspective consumers such as in context of Zylla their consumers are people who love fast and sea food and enchanted towards innovation.
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Conclusion From the above PPT it has been summarised that it is very much potential for an organisation to access each and every attribute before launching a new product and services into marketplace. As marketing plays very much crucial role to aware people about products and services that emerge into marketplace in order to remain competitive in marketplace.
References McDougall, P.K.G.H., 2019. Marketing Essentials. Pricilla, D., 2019. The Marketing Essentials. Pdf. Online Food & Beverages, 2019. [Online]. Available through. <https://www.statista.com/outlook/253/156/food- beverages/united-kingdom>.
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