I choose my topic SO please work on it do not change the topic
organisation:" Italian Deli"
Area: Any small suburb of Australia
1) focus on more about 4P then the marketing strategy
2) talk about the implementation of plan and control
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Running Head: MARKETING MANAGEMENT0 MARKETING MANAGEMENT Student name 5/29/2019
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MARKETING MANAGEMENT1 Executive summary Café primo is an Italian restaurant for which marketing plan would be developed in this report. Café primo is a restaurant in Australia located in Victor Harbor, Australia. The restaurant initiated in 1998 with a customer experiencing trendy café seating. The key products offered by Café primo includes a variety of pasta, Burgers, grills, pizza, Sea Food, Chicken, Salads, Meat, and various other options Marketing goal for this marketing plan would be increased in the sale of food by 10 per cent in the next one year. For this, the marketing objectives were enhanced customer services, food quality assurance, and extensive promotional offers. The key strategy for the food and services would be product quality assurance. This would include improving the food taste and quality through experiment and total quality management. the appropriate product strategy for café primo would be product development strategy. Price is another key element and the issue that was faced by the café while analysing customer feedback. the pricing strategy of café primo needs to be revised and the developing pricing strategy would be price penetration strategy. The distribution strategy for café primo would be through various channels to increase the business and sale of the café that is physical or traditional and online distribution channel. Key promotional activities that the company would include are social media platforms that will include providing updating information and promotional campaigns through social media platforms and printed advertisement to keep the promotional budget at low and make the promotional activity more effective.
MARKETING MANAGEMENT2 Contents Executive summary.........................................................................................................................1 PESTLE analysis.............................................................................................................................3 Introduction......................................................................................................................................5 Case Background.............................................................................................................................5 Analysis of internal marketing environment and development of SWOT......................................6 SWOT analysis............................................................................................................................6 Strengths..................................................................................................................................6 Weakness.................................................................................................................................6 Opportunities...........................................................................................................................7 Threats.....................................................................................................................................7 Competitive advantages...............................................................................................................7 Marketing goals and objectives.......................................................................................................8 Marketing strategy...........................................................................................................................9 Target market, segmentation and positioning..............................................................................9 Marketing mix strategy..............................................................................................................10 Product strategy.....................................................................................................................10 Pricing strategy......................................................................................................................11 Place strategy.........................................................................................................................12 Promotion strategy.................................................................................................................13 Marketing implementation.............................................................................................................13 Evaluation and controls.................................................................................................................14 Conclusion.....................................................................................................................................16 References......................................................................................................................................18
MARKETING MANAGEMENT3 PESTLE analysis 1. Political factors – The corporate tax of the nation that is around 30 per cent can adversely affect the profit margins of the company, which can be a threat to the company. Moreover, the political stability of the nation is quite high which can be a threat too(theglobaleconomy, 2019)(theglobaleconomy, 2019). 2. Economic factors Australia GDP is in growth that it seems to be increasing since years and is expected to increase in the near future as per the statistics. This reflects that the people would be spending on entertainment and luxury products, which makes a restaurant in the nation to have a good opportunity(theglobaleconomy, 2019). 3. Social factors The social trends in the nation seem to be changing since years people have become interested in spending money in the entertainment industry and are interested in spending time at cafes with their close one. This can be an opportunity for the Italian restaurant in the region. However, the increasing obesity rate could be a threat to the company due to the increase of health conscious people. 4. Technological factors Technology is the key element of the nation as it is one of the technologically advanced nations. This could be the opportunity for café Primo to develop technically as well. However, victor
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MARKETING MANAGEMENT4 Harbor is a small region of the nation that does not make technology advanced organization to a large extent. 5. Legal factors For food and service industry, various laws and regulation applicable could be a threat for the company to abide strictly. The legal rules associated with café primo would be food and safety act, privacy and security act, and labour acts. 6. Environmental factors The environment is the element in which an organization exists, and the company needs to consider the activities to prevent environment. The key issue related to restaurant related to environmental factors would be waste disposal, water consumption and so on for which the company considered various corporate social responsibilities(Balmer & Abratt, 2016).
MARKETING MANAGEMENT5 Introduction The report purpose and scope is the development of the marketing plan of an Italian restaurant in Australian suburbs. Marketing is the sub part of a business plan, and the purpose of the marketing plan is to enhance the business in the form of popularity and financial aspects. Café primo is an Italian restaurant for which marketing plan would be developed in this report. The report would include analysing the external and internal business environment for the restaurant to identify the opportunity to develop a marketing plan. For this purpose, tools like PESTLE analysis and SWOT analysis would be used and to develop the plan the marketing objective should be defined according to which the marketing strategies would be developed. Moreover, marketing implementation, evaluation and control would be discussed as there would be no use to plan the strategy if it is not implemented properly(Craig & Douglas, 2015). The key limitation for this report would be the limited access to the information that is the café is located in a small region of Australia that is Victor Harbor, and getting information related to that would be difficult and limited in scope. Case Background Café primo is a restaurant in Australia located in Victor Harbor, Australia. The restaurant initiated in 1998 with a customer experiencing trendy café seating. Café primo initiated to offer Italian food to the customer by starting offering pizza or pasta with $4.90 for lunch. The company expands its business through franchisee. The company offers good quality meals that are at reasonable prices and are prepared using fresh and healthy ingredients(caffeprimo, 2019).
MARKETING MANAGEMENT6 The food and beverage industry is growing at a fast pace in Australia, and in Victor Harbor there are various options for restaurants and café that are offering Italian, Australian vegetarian food; for instance, Trattoria Lungomare(tripadvisor, 2019). The key products offered by Café primo includesa variety of pasta, Burgers, grills, pizza, Sea Food, Chicken, Salads, Meat, and various other options(caffeprimo, 2019). Situational analysis – The internal analysis of Café primo, it can be said that the key problems that the customer raise were priced value for the food and the food quality was reviewed as average. Moreover, the customer was not satisfied with customer service by the employees of the café. Analysis of internal marketing environment and development of SWOT SWOT analysis Strengths Vegetarian friendly – As per the café claim that the environment and food provided by the company would include the vegetarian friendly. The customer feedback through trip advisor includes that the availability of gluten free food and vegetarian food was the key aspect to increase customer satisfaction(Adam & Kotler, 2014). Availability of food _ the food availability and services facility on odd timings is other strength for the café. Food taste – Taste of the food is other strength of the café and some food are found to be a speciality of café as per the reviews like burger and pizza(Chung & Fiore, 2017).
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MARKETING MANAGEMENT7 Weakness Overpriced – this was the common review that the customer provided for the restaurant online that is the prices were high for the café and its products and services. Value for the service and food – Similar to previous point customer do not feel that the food and services of café primo were value or worth for the amount they asked for. Poor Customer services as per customer review Staff behaviour was rude and not friendly as per feedback from customers(tripadvisor, 2019) Opportunities Enhances customer experiences Food quality improvement Business expansion Product differentiation(Chung, 2015) Threats High competition Increase in health conscious people Competitive advantages The competitive advantage of the café can be developing by using strengths to gain opportunity and improve the weakness identified. Therefore it can be said that the competitive advantage for café primo would be Food variety and taste of the café which must be improved, innovated and maintained. Another aspect would be vegetarian friendly dinning that needs to be sustained to
MARKETING MANAGEMENT8 gain competitive advantage and increase vegetarian options with the best food quality offered (Finne, 2017). Marketing goals and objectives Marketing goal for this marketing plan would be increased in the sale of food by 10 precent in the next year. For this, the marketing objectives would be as follows: 1. Enhanced customer services – One of the key identified complaint by the customers were that the customer services of the café have been degraded and the customers were not satisfied with the customer services. The key objective due to this reason is to enhance customer services. This may also include tactics like providing training to the staff that is interacting with the customer to make them feel comfortable and provide the customer with a friendly environment with café experience(Hudson & Roth, 2016). 2. Food quality assurance - Another issue that was reported through the customer feedback was the food taste and quality was not appropriate and were found to be degraded as per the regular customers of eth café. This makes another key objective of the marketing plan to improve the food quality and assure the high food quality to keep the customer satisfied and increase the sale of the products and services. This would also include assuring the service and food quality through total quality management. In today’s scenario, the total quality management can be implemented in the service industry as well. The food quality would be a necessity to ensure the high sales of the café and attract maximum customer. Most importantly, retaining the existing customers would only be possible to accomplish with food quality assurance(Gong & Yi, 2018).
MARKETING MANAGEMENT9 3. Extensive promotional offers – Another problem that was found through customer feedback was that the customers feel that the price for the products and service were quite high that the food quality and services. The promotional offers could be helpful for the café to attract the customer. This would include discount offers, coupons, or membership that would help the café to attract customer repetitively(Kaplan, 2015). Marketing strategy Target market, segmentation and positioning The target market by café primo through this marketing plan would be residents nearby Victor Harbor on priority but through the use of the extensive channel, the café would target various other locations nearby that town. The customer segmentation would be based on the behavioural segmentation that would include the usage rate as the base for the café. The regular users would be targeted through offers and combos that would be appropriate and increase the sale of the café. Moreover, considering the demographic segmentation, young people would be target specifically. The reason being they are regular users and prefer to have snacks or meals at restaurants and café. Moreover considering the photographic segmentation, the college going students and working men and women would be targeted as these groups are mostly social and prefer to visit new places with their friends, family and to maintain work relations. The positioning of Café Primo to be developed would be the best quality and variety of food for everyone and the best customer service at the café to have a special experience at the café. For this, purpose various marketing strategies would be developed(Pappas, 2016).
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MARKETING MANAGEMENT10 Marketing mix strategy Product strategy Product and service are the main elements in the marketing plan for café primo as the main issue identified is the food quality that people feel that is being degraded. The key strategy for the food and services would be product quality assurance. This would include improving the food taste and quality through experiment and total quality management. The new product development strategy would be approachable to increase variety to attract maximum customers. This can be classified through one of the models for product strategy. According to the Ansoff’s model presented below the appropriate product strategy for café primo would be product development strategy as through this marketing plan would be targeting existing market with a new product to attract more customer and provide them the variety of food through enhancing innovation. This would also increase in service through technological advancement that is delivering food at the doorstep to target the large area and not limited to the local area(Armstrong & Giardina, 2016).
MARKETING MANAGEMENT11 Pricing strategy Price is another key element and the issue that was faced by the café while analysing customer feedback. The customer considers the price to be overpriced according to the food quality, quantity and services. Through pricing matrix, it can be said that the pricing strategy of café primo needs to be revised and the developing pricing strategy would be price penetration strategy.That includes introducing a new variety of food and service with high quality but the price would be not too high initially and with time and increase in goodwill and popularity, café primo can increase the prices of the dishes and services offered to the customer. This would be an appropriate strategy for café primo, the reason being customer would be satisfied and the sale would be increased of café primo, which would eventually be helpful in accomplishing the marketing goal of this plan(Chu & Liu, 2017).
MARKETING MANAGEMENT12 Figure1:(Source:(Aksoy, 2018) Figure2: (Source:(Chu & Liu, 2017) Place strategy The distribution strategy for café primo would be through various channels to increase the business and sale of the café. The traditional channel would be providing food and services at the case premise. However, with the increase in technology and digitalization, the marketing plan would also focus over the online distribution system that is getting online order through website or application and delivering goods to the doorstep of the customers. Moreover, the company can also use the mediating and distributing company like Uber eats to deliver goods and increase the sale of the Café(Chari & Feng, 2018).
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MARKETING MANAGEMENT13 Promotion strategy The promotion is the major element to create positive brand positioning and attracting maximum customers to visit Cafe Primo. Key promotional activities that the company would include are socialmediaplatformsthatwill include providingupdating informationand promotional campaigns through social media platforms(Mura & Mariani, 2016). The target audiences are college students and working men and women who use social media sites to a large extent which makesthispromotionalstrategytoolmorerelevant.TheplatformswouldbeFacebook, Instagram, twitter and you tube which would include video marketing that will be attractive for the customers(Hu et al., 2016). Other traditional promotional tools would be printed advertisement to keep the promotional budget at low and make the promotional activity more effective. This would include hoardings and pamphlets, and billboards to attract local customers in the nearby areas of café primo (Petersen & Kumar, 2015). Marketing implementation Marketing strategy is of no use if not implemented appropriately to result effectively and for the accomplishment of marketing objectives.The implementation of this plan can be done through the proper structure, a process can be followed, and the key activities to be done to implement the marketing plan would be Training and development program – Training is to be provided initially in order to improve the customer services are provide friendly staff to the customers. This step would improve service quality. The training could be soft skill training or personality
MARKETING MANAGEMENT14 develops training to provide an excellent experience to the customers at café primo (Jaworski, 2018). Technology mechanism – To implement improved services the technology is to be updated that is the creation of a website and mobile application to increase online delivery services and sales of café primo(Ryan, 2016). New idea generation – For enhancing product and service innovation, it is important to generate new ideas through customers and employees of the café as they are mostly interacting and have close relationships with customers. This would be implemented through implementing the free flow of communication within the organization to make the employees feel comfortable to share new ideas with their superiors and can be used for new product development of improved services. Promotional campaigns – The implementation of a marketing plan would also include the preparation of campaign and messages to be used for promotional activities. This would include preparation and selection of words and messages to be used for promotion to make sure that the brand is positioned as per the plan and on a positive note(Menon & Edison, 2015). Evaluation and controls The last step while preparing a marketing plan would be evaluation, control to ensure if the marketing plan is being implemented, and effective as per the objectives set initially. For this, café primo must be implement a proper evaluation process to control the marketing activities and implementationofthemarketingplan.Foreffectivecontrolling,thestandardsandthe benchmarking could be helpful, the actual actions and activities implemented must be measured
MARKETING MANAGEMENT15 in financial terms. For instance, the objective was to increase the sale of café primo by 10 per cent that also had various sub objectives that must be implemented as per the standards and timeline. The standards and the actual performance must be compared and the deviations are to be identified in case of any. In addition, the last step is to take corrective action whatever is found to be relevant to diminish the deviations found(Harvey, 2009). Auditing would be another approach to identify is the activities are conducting or conducted as per the standards or plan. The variants and change as per the change in the environment of approachability according to time is necessary to avoid major deviations. The auditing can be done through an internal audit that is auditing conducted by the internal employees of the café. External auditing can also be conducted where the third party are auditing the activities and are more effectively able to find the problem or lacking area of the organization which can be improved(Oral, 2014).
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MARKETING MANAGEMENT16 Conclusion From the report, it can be concluded that Café primo is a restaurant in Australia located in Victor Harbor, Australia. The restaurant initiated in 1998 with a customer experiencing trendy café seating.The food and beverage industry is growing at a fast pace in Australia, and in Victor Harbor there are various options for restaurants and café that are offering Italian, Australian vegetarian food; for instance, Trattoria Lungomare. Key Strengths identified of café primo were vegetarian friendly, food taste, and availability of food. Weakness identified were overpriced, poor customer services as per customer review, value for the service and food, and staff behaviour. Key opportunities found were product differentiation, business expansion, food quality improvement, enhances customer experiences. Key threats to café primo were an increase in health conscious people, and high competition. The competitive advantage of the café can be developing by using strengths to gain opportunity and improve the weakness identified. Marketing goal for this marketing plan would be increased in the sale of food by 10 percent in the next one year. For this, the marketing objectives were enhanced customer services, food quality assurance, and extensive promotional offers. The target market by café primo through this marketing plan would be residents nearby Victor Harbor. The customer segmentation would be based on the usage rate. The regular users would be targeted through offers and combos that would be appropriate and increase the sale of the café. Moreover, young people would be target specifically and considering the photographic segmentation, the college going students and working men and women would be targeted. The positioning of Café Primo to be developed
MARKETING MANAGEMENT17 would be the best quality and variety of food for everyone and the best customer service at the café to have a special experience at the café.
MARKETING MANAGEMENT18 References Adam, S. & Kotler, P., 2014.Principles of marketing. Australia: Pearson Australia. Aksoy, S., 2018. Applying Ansoff’S Growth Strategy Matrix To Innovation Classification. International Journal of Innovation Management, p.1850039. Armstrong, C.G. & Giardina, M.D., 2016. Embracing the social in social media: An analysis of the social media marketing strategies of the Los Angeles Kings.Communication & Sport, 4(2), p.145. Balmer, J. & Abratt, R., 2016. Corporate brands and corporate marketing: Emerging trends in the big five eco-system.Journal of Brand Management, 23(1), p.3. caffeprimo, 2019.our-story. [Online] Available at:https://www.caffeprimo.com.au/our-story/. caffeprimo, 2019.victor-harbor. [Online] Available at: https://www.caffeprimo.com.au/location/victor-harbor/. Chari, S. & Feng, H., 2018. Research in marketing strategy.Journal of the Academy of Marketing Science, pp.1-26. Chu, C.N. & Liu, S., 2017. Hedonic Pricing Method, the Third Law of Demand, and Marketing Strategy: An Abstract.In Academy of Marketing Science Annual Conference, p.721. Chung, T.L., 2015. The role of listening in e-contact center customer relationship management. Journal of services marketing, 29(1), pp.49-58. Chung, J.E. & Fiore, A.M., 2017. The Effects of Shopping Motivation and an Experiential Marketing Approach on Consumer Responses toward Small Apparel Retailers.Fashion, Industry and Education, 15(2), p.11. Craig, C.S. & Douglas, S.P., 2015.International Marketing Research. Chichester: John wiley & sons. Finne, A., 2017. Communication-in-use: customer-integrated marketing communication. European Journal of Marketing, 51(3), p.445. Gong, T. & Yi, Y., 2018. The effect of service quality on customer satisfaction, loyalty, and happiness in five Asian countries.Psychology & Marketing, p.472. Harvey, M.G., 2009. The marketing audit: Five decades later.Journal of Marketing Theory and Practice, 5(3), pp.1-16.
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MARKETING MANAGEMENT19 Hudson, S. & Roth, M.S., 2016. The influence of social media interactions on consumer–brand relationships: A three-country study of brand perceptions and marketing behaviors.International Journal of Research in Marketing, 33(1), p.27. Hu, M.Y., Krush, M.T. & Agnihotri, R., 2016. Social media: Influencing customer satisfaction in B2B sales.Industrial Marketing Management, p.172. Jaworski, B., 2018. Commentary: advancing marketing strategy in the marketing discipline and beyond.Journal of Marketing Management, 34(1), p.63. Kaplan, B., 2015. Marketing Strategies For The Generation “C” Consumer Behavior: An Overview For The GSM Market in Turkey.In Handbook of Research on Developing Sustainable Value in Economics, Finance, and Marketing, pp.463-75. Available at:https://www.igi- global.com/chapter/marketing-strategies-for-the-generation-c-consumer-behavior/121375. Menon, A. & Edison, S.W., 2015. Effective Marketing Strategy-Making: Antecedents and Consequences.In Proceedings of the 1997 Academy of Marketing Science (AMS) Annual Conference, p.224. Mura , M. & Mariani, M.M., 2016. Facebook as a destination marketing tool: Evidence from Italian regional Destination Management Organizations.Tourism Management, 54, p.321. Oral, C., 2014. Auditing Marketing Strategy Implementation Success.Marketing Review St. Gallen,31(3), pp.55-65. Pappas, N., 2016. Marketing strategies, perceived risks, and consumer trust in online buying behaviour.Journal of Retailing and Consumer Services, 29, p.92. Petersen, J.A. & Kumar, V., 2015. Marketing communication strategies and consumer financial decision making: The role of national culture.Journal of Marketing, 79(1), p.44. Ryan, D., 2016.Understanding digital marketing: marketing strategies for engaging the digital generation. Kogan Page Publishers. theglobaleconomy, 2019.Australia/corporate_tax_rate. [Online] Available at: https://www.theglobaleconomy.com/Australia/corporate_tax_rate/. theglobaleconomy, 2019.Australia/gdp_current_local_currency. [Online] Available at: https://www.theglobaleconomy.com/Australia/gdp_current_local_currency/. theglobaleconomy, 2019.Australia/wb_political_stability. [Online] Available at: https://www.theglobaleconomy.com/Australia/wb_political_stability/. tripadvisor, 2019.Reviews-Cafe_Primo-Victor_Harbor_South_Australia. [Online] Available at: https://www.tripadvisor.in/Restaurant_Review-g499735-d4105968-Reviews-Cafe_Primo-
MARKETING MANAGEMENT20 Victor_Harbor_South_Australia.html. tripadvisor, 2019.Victor_Harbor_South_Australia. [Online] Available at: https://www.tripadvisor.in/Restaurants-g499735-c26-Victor_Harbor_South_Australia.html.