Marketing Planning and Consumer Ethics
VerifiedAdded on 2020/02/12
|27
|5794
|389
AI Summary
This assignment analyzes Superdrug's current market position in the UK and develops a revised marketing plan. It explores key barriers to effective marketing planning, including changing consumer preferences and ethical considerations. The report focuses on new product development strategies and provides examples of unethical practices and their impact on consumer trust.
Contribute Materials
Your contribution can guide someone’s learning journey. Share your
documents today.
Secure Best Marks with AI Grader
Need help grading? Try our AI Grader for instant feedback on your assignments.
Introduction:
Marketing plan is considered as a complete manuscript or structure of the outline for
a organization about advertisement and marketing effort of their product. The marketing plan
is described by marketing managers to fulfil specific marketing objectives with in a specific
timeframe. As opined by McDonald (2013), marketing plan is a part of an overall business
plan. It has been observed that proper marketing strategy is backbone of company business.
Superdrug Stores Plc is popular health and beauty care product retailer in UK. This popular
organization founded by Ronald & peter Goldstein in 1964. Presently this organization has
more than 786 stores for selling more than thousand types of health care and beauty care
products. Apart from that Superdrug had started online sales from the year 2012. This
organization has collected the revenue of £1.75 billion in 2015 (Superdrug.com, 2016). It has
been found that besides the health and a beauty care product, this company has started to sell
medicines from 2011. Therefore, this report is based on the existing marketing condition of
Superdrug. After that the learner has planned to provide suitable marketing plan for
Superdrug Advance Joint care 30S. Apart from that, the learner has planned to discuss about
the ethical issue usually faced by several companies regarding marketing planning and
consumer ethics.
Marketing plan is considered as a complete manuscript or structure of the outline for
a organization about advertisement and marketing effort of their product. The marketing plan
is described by marketing managers to fulfil specific marketing objectives with in a specific
timeframe. As opined by McDonald (2013), marketing plan is a part of an overall business
plan. It has been observed that proper marketing strategy is backbone of company business.
Superdrug Stores Plc is popular health and beauty care product retailer in UK. This popular
organization founded by Ronald & peter Goldstein in 1964. Presently this organization has
more than 786 stores for selling more than thousand types of health care and beauty care
products. Apart from that Superdrug had started online sales from the year 2012. This
organization has collected the revenue of £1.75 billion in 2015 (Superdrug.com, 2016). It has
been found that besides the health and a beauty care product, this company has started to sell
medicines from 2011. Therefore, this report is based on the existing marketing condition of
Superdrug. After that the learner has planned to provide suitable marketing plan for
Superdrug Advance Joint care 30S. Apart from that, the learner has planned to discuss about
the ethical issue usually faced by several companies regarding marketing planning and
consumer ethics.
Task1:
1.1 Review changing perspectives in marketing planning:
According to Shani and Chalasani (2013), on early days the marketing strategy of
organizations was depending on the products. Marketing managers were trying to convince
customers by their products. However, in twentieth century, the concept of marketing is
totally changed. Now the aim of the organization is to design a new product based on
customers’ requirement. Now the marketing process starts from the survey process and never
ends. Now the focus of organizations is more customer centric rather than product centric.
Now organizations try to earn profit along with customer satisfaction.
As stated by Boone and Kurtz (2013), Superdrug is a popular health, beauty care
product and medicine retailer in UK. Now their marketing concept is depending on four
pillars such as target market, customer requirements, integrated marketing strategy and
profitability. It has been found that Superdrug has connected two different concepts such as
selling and marketing for implementing advance marketing strategy for high competitive
market. Czinkota and Ronkainen (2013) argued that selling and marketing concept are totally
different such as selling concept focuses on the requirement of sellers but marketing focuses
on the requirements of customers. Therefore Superdrug has implemented the marketing
strategy and understands the demand of products and then supplies the products to the sellers.
Therefore, the demand and supply equation is one of the new key factor their marketing
strategy.
On the other hand, their market competitor AVON has implemented different
marketing strategy. The production operation of AVON is started after getting the market
survey reports. The product planning department gets a clear view about the requirement of
the customers and designs the product as per customer requirement (Turnbull and Valla,
2013). Before 1 to 2 months of product launching date, the organization has started the digital
advertisements and social media advertisements to increase customer attraction towards the
beauty care products. Therefore, the organization has already generated demand in market
before product launch. After the product launch the marketing team collects feedback from
1.1 Review changing perspectives in marketing planning:
According to Shani and Chalasani (2013), on early days the marketing strategy of
organizations was depending on the products. Marketing managers were trying to convince
customers by their products. However, in twentieth century, the concept of marketing is
totally changed. Now the aim of the organization is to design a new product based on
customers’ requirement. Now the marketing process starts from the survey process and never
ends. Now the focus of organizations is more customer centric rather than product centric.
Now organizations try to earn profit along with customer satisfaction.
As stated by Boone and Kurtz (2013), Superdrug is a popular health, beauty care
product and medicine retailer in UK. Now their marketing concept is depending on four
pillars such as target market, customer requirements, integrated marketing strategy and
profitability. It has been found that Superdrug has connected two different concepts such as
selling and marketing for implementing advance marketing strategy for high competitive
market. Czinkota and Ronkainen (2013) argued that selling and marketing concept are totally
different such as selling concept focuses on the requirement of sellers but marketing focuses
on the requirements of customers. Therefore Superdrug has implemented the marketing
strategy and understands the demand of products and then supplies the products to the sellers.
Therefore, the demand and supply equation is one of the new key factor their marketing
strategy.
On the other hand, their market competitor AVON has implemented different
marketing strategy. The production operation of AVON is started after getting the market
survey reports. The product planning department gets a clear view about the requirement of
the customers and designs the product as per customer requirement (Turnbull and Valla,
2013). Before 1 to 2 months of product launching date, the organization has started the digital
advertisements and social media advertisements to increase customer attraction towards the
beauty care products. Therefore, the organization has already generated demand in market
before product launch. After the product launch the marketing team collects feedback from
the customers and customize the product as well. Integrated sales and promotion always
creates market demand and the organization earns profit alongwith customer satisfaction.
It has been noticed that Superdrug follows the one to one marketing strategy whereas
their market competitor follows relationship marketing strategy. Superdrug is depending on
the technology based marketing strategy. The marketing team has considered every
customer’s requirement not group’s requirement (Nijssen and Frambach, 2013). On the other
hand AVON is trying to maintain a good relationship with their customers rather than just
serving their products. The organization believes that mutual relation will increase success in
business than transactional.
With the use of new technology company can easily identify the needs and demand of
its customer which help in increasing the sale of an organization. Further it can make use new
technology for making new products.
The perspectives regarding marketing have evolved over time. Technology is the
basic reason behind the occurred changes in marketing techniques and planning. Superdrug
usually aimed at promotional activities with help of newspapers, posters, billboards and radio
broadcasts. As the technological developments took place, people shifted their focus over
multimedia platforms like televisions, computers and telephones. Hence, marketing
techniques like telecalling, televised advertisements, etc. started developing. Business
organisations currently use internet as the prime medium for communicating products and
services to the potential customers. Marketing planning currently is focused on the platforms
of marketing that are more accessible for customers. The strategies that enable clients and
companies to communicate directly are focused nowadays.
1.2 Evaluate an organisation's capability for planning its future marketing
activity
There are different functional areas in Superdrug Stores Plc depending on the nature of
their health care and beauty care products. Apart from that, the nature of the business or
products of all organizations are depending on different properties such as:
Operation or production of organization
creates market demand and the organization earns profit alongwith customer satisfaction.
It has been noticed that Superdrug follows the one to one marketing strategy whereas
their market competitor follows relationship marketing strategy. Superdrug is depending on
the technology based marketing strategy. The marketing team has considered every
customer’s requirement not group’s requirement (Nijssen and Frambach, 2013). On the other
hand AVON is trying to maintain a good relationship with their customers rather than just
serving their products. The organization believes that mutual relation will increase success in
business than transactional.
With the use of new technology company can easily identify the needs and demand of
its customer which help in increasing the sale of an organization. Further it can make use new
technology for making new products.
The perspectives regarding marketing have evolved over time. Technology is the
basic reason behind the occurred changes in marketing techniques and planning. Superdrug
usually aimed at promotional activities with help of newspapers, posters, billboards and radio
broadcasts. As the technological developments took place, people shifted their focus over
multimedia platforms like televisions, computers and telephones. Hence, marketing
techniques like telecalling, televised advertisements, etc. started developing. Business
organisations currently use internet as the prime medium for communicating products and
services to the potential customers. Marketing planning currently is focused on the platforms
of marketing that are more accessible for customers. The strategies that enable clients and
companies to communicate directly are focused nowadays.
1.2 Evaluate an organisation's capability for planning its future marketing
activity
There are different functional areas in Superdrug Stores Plc depending on the nature of
their health care and beauty care products. Apart from that, the nature of the business or
products of all organizations are depending on different properties such as:
Operation or production of organization
Secure Best Marks with AI Grader
Need help grading? Try our AI Grader for instant feedback on your assignments.
Accounting and finance
Marketing activities
Distribution of products and logistic service
Corporate planning
Human resource management
Market Research and product development
Internal environment of any organization is depending on strength, weakness, opportunity
and threat.
Strength of Superdrug:
Superdrug still holds their market position. They are holding second position in health
and beauty care product retailer segment in UK market. Their strong position in UK market
makes them as a value-oriented beauty retailer in domestic market (Peck et al. 2013). They
have chosen exclusive brands and “A” category brands to attract customers. The shoppers
also get online facility to order their beauty care products and health care products. High
loyalty card membership attracts more customers towards the stores.
Weakness of Superdrug:
It has been noticed that there are low number of pharmacies in their retail stores. As
opined by Niffenegger (2013), there are lacks of focus on the product and space
development. The organization has maintained female centric products rather than male
centric products. As a result the male customers are not interested to visit stores. The stores
are old fashioned and products are not displayed proper way.
Opportunities of Superdrug:
The organization has increased the number of pharmacists in their stores. This has
increased the penetration in their stores. On the other hand the organization has determined
their boost margin and implemented strategy to improve their performance. The involvement
of more pharmacists will increase the profit margin of their stores.
Threats of Superdrug:
Marketing activities
Distribution of products and logistic service
Corporate planning
Human resource management
Market Research and product development
Internal environment of any organization is depending on strength, weakness, opportunity
and threat.
Strength of Superdrug:
Superdrug still holds their market position. They are holding second position in health
and beauty care product retailer segment in UK market. Their strong position in UK market
makes them as a value-oriented beauty retailer in domestic market (Peck et al. 2013). They
have chosen exclusive brands and “A” category brands to attract customers. The shoppers
also get online facility to order their beauty care products and health care products. High
loyalty card membership attracts more customers towards the stores.
Weakness of Superdrug:
It has been noticed that there are low number of pharmacies in their retail stores. As
opined by Niffenegger (2013), there are lacks of focus on the product and space
development. The organization has maintained female centric products rather than male
centric products. As a result the male customers are not interested to visit stores. The stores
are old fashioned and products are not displayed proper way.
Opportunities of Superdrug:
The organization has increased the number of pharmacists in their stores. This has
increased the penetration in their stores. On the other hand the organization has determined
their boost margin and implemented strategy to improve their performance. The involvement
of more pharmacists will increase the profit margin of their stores.
Threats of Superdrug:
It has been noticed that negative consumer sentiment about new NHS laws regarding
the records of the patients have created threat for their medicine business. The organization
has faced strong competition from AVON, Boots and Tesco. Almost same types marketing
strategy like discounts and offers creates almost no different from their competitors.
According to the evaluated attributes of Superdrug, it is clear that current marketing
planning capability is quite strong. The future market activities are completely dependent on
the firm’s ability to analyse current market structure and demands of customers. The strength
of company lays in its focused target i.e. A class customers and brands. On the other hand, it
has been evaluated that Superdrug holds good analytical capabilities in planning future
market activities. Financial capabilities are strong and human resource is efficient in
developing effective plans. However, operational plans are strong and brand power has
helped the company to maintain its customer share.
Stenght and weakness of Superdrug in order to plan its future marketing acitivity is as
follows Superdrug still holds their market position. They are holding second position in
health and beauty care product retailer segment in UK market. Their strong position in UK
market makes them as a value-oriented beauty retailer in domestic market (Peck et al. 2013).
They have chosen exclusive brands and “A” category brands to attract customers.
Weakness there are lacks of focus on the product and space development. The
organization has maintained female centric products rather than male centric products. As a
result the male customers are not interested to visit stores. The stores are old fashioned and
products are not displayed proper way.
1.3 Examine techniques for organisational auditing and for analysing
external factors that affect marketing planning
Superdrug has maintained their basic marketing audit and marketing audit checklist.
As stated by Morrison (2013), the checklist is designed to understand the current marketing
situation. Superdrug has developed the marketing audit checklist to understand internal
marketing environment and external marketing environment. After understanding situation
the organization has planned to develop current marketing plan.
the records of the patients have created threat for their medicine business. The organization
has faced strong competition from AVON, Boots and Tesco. Almost same types marketing
strategy like discounts and offers creates almost no different from their competitors.
According to the evaluated attributes of Superdrug, it is clear that current marketing
planning capability is quite strong. The future market activities are completely dependent on
the firm’s ability to analyse current market structure and demands of customers. The strength
of company lays in its focused target i.e. A class customers and brands. On the other hand, it
has been evaluated that Superdrug holds good analytical capabilities in planning future
market activities. Financial capabilities are strong and human resource is efficient in
developing effective plans. However, operational plans are strong and brand power has
helped the company to maintain its customer share.
Stenght and weakness of Superdrug in order to plan its future marketing acitivity is as
follows Superdrug still holds their market position. They are holding second position in
health and beauty care product retailer segment in UK market. Their strong position in UK
market makes them as a value-oriented beauty retailer in domestic market (Peck et al. 2013).
They have chosen exclusive brands and “A” category brands to attract customers.
Weakness there are lacks of focus on the product and space development. The
organization has maintained female centric products rather than male centric products. As a
result the male customers are not interested to visit stores. The stores are old fashioned and
products are not displayed proper way.
1.3 Examine techniques for organisational auditing and for analysing
external factors that affect marketing planning
Superdrug has maintained their basic marketing audit and marketing audit checklist.
As stated by Morrison (2013), the checklist is designed to understand the current marketing
situation. Superdrug has developed the marketing audit checklist to understand internal
marketing environment and external marketing environment. After understanding situation
the organization has planned to develop current marketing plan.
As opined by Berman and Evans (2013), the marketing audit is a fundamental part of
marketing planning process. The organization has not conducted the marketing audit on the
beginning of the process. The organization has implemented market audit before designing
new marketing plan. It has been observed that the internal marketing environment is
influenced by five different factors such as employee, finance, equipment, time and factor of
production.
As stated by De Mooij (2013), the external factors are depending on four differ
factors such as political, economic, social and technology.
Political factors:
It has been observed that some skin care products of Superdrug are not tested on
animals. Therefore, the organization creates a doubt about the health and safety regulation.
On the other hand, Superdrug has planned to expand their business in Asian country such as
China. Some bad and unchecked beauty products have sold by the organization are harmful
for skins which is against their brand image.
Economic:
Some years ago the organization has faced an economic recession due to crisis of
global economy. However, the organization has enough financial resources to manage one or
two financial recession but regular financial recession would not manageable for organization
(Lee et al. 2013, p.256).
Social:
The organization has to consider global sustainability trend and implement some new
marketing plan to sustain in tough competition. According to the envision protection act,
every organization has to reduce usage of paper. Therefore the organization has to develop
technical implementation to reduce use of papers.
Technology:
Almost every organization has implemented online retail stores and digital marketing
strategy. Therefore, the organization has to give importance their ecommerce websites and
social media marketing strategy to increase the efficiency of technology.
Legal:
marketing planning process. The organization has not conducted the marketing audit on the
beginning of the process. The organization has implemented market audit before designing
new marketing plan. It has been observed that the internal marketing environment is
influenced by five different factors such as employee, finance, equipment, time and factor of
production.
As stated by De Mooij (2013), the external factors are depending on four differ
factors such as political, economic, social and technology.
Political factors:
It has been observed that some skin care products of Superdrug are not tested on
animals. Therefore, the organization creates a doubt about the health and safety regulation.
On the other hand, Superdrug has planned to expand their business in Asian country such as
China. Some bad and unchecked beauty products have sold by the organization are harmful
for skins which is against their brand image.
Economic:
Some years ago the organization has faced an economic recession due to crisis of
global economy. However, the organization has enough financial resources to manage one or
two financial recession but regular financial recession would not manageable for organization
(Lee et al. 2013, p.256).
Social:
The organization has to consider global sustainability trend and implement some new
marketing plan to sustain in tough competition. According to the envision protection act,
every organization has to reduce usage of paper. Therefore the organization has to develop
technical implementation to reduce use of papers.
Technology:
Almost every organization has implemented online retail stores and digital marketing
strategy. Therefore, the organization has to give importance their ecommerce websites and
social media marketing strategy to increase the efficiency of technology.
Legal:
Paraphrase This Document
Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
The legal frameworks that are designed by government of the country are mandatory
for business organisations to be followed. Superdrug is liable and accountable for following
the legal policies and structures. Till date the company has been operating in accordance with
legislations and security policies.
Environmental:
Each and every activity of the organisation must be in accordance with natural
ecology. From production to execution of products and services no such marketing activity
must be encouraged by firm which can cause harm to nature or living organisms. Superdrug
can face serious legal allegations if any such violation is experienced.
The technique that is used for analysing external factors is PESTLE. This is a tool that helps
in identifying and evaluating all factors which influencing marketing planning and business
strategies of the company.
for business organisations to be followed. Superdrug is liable and accountable for following
the legal policies and structures. Till date the company has been operating in accordance with
legislations and security policies.
Environmental:
Each and every activity of the organisation must be in accordance with natural
ecology. From production to execution of products and services no such marketing activity
must be encouraged by firm which can cause harm to nature or living organisms. Superdrug
can face serious legal allegations if any such violation is experienced.
The technique that is used for analysing external factors is PESTLE. This is a tool that helps
in identifying and evaluating all factors which influencing marketing planning and business
strategies of the company.
Task 2:
2.1 Assess the main barriers to marketing planning
Popular organizations like Superdrug have developed their logical sequences of
marketing planning for achieving marketing objectives. However, the organization has faced
some complex during implementation of marketing plan.
Barriers regarding legislation:
It has been noticed that marketing planning is restricted by the limitations and
government legislations. There are some regulating corporate conducts for the organization
to interact with the environment. As opined by Camelo-Ordaz et al. (2011, p.1443), the
corporate regulation may prevent comparison marketing. It has been found that market
surveyors try to compare their products along with competitor’s substandard product. On the
other hand the organization does not involve unskilled workforce because it increase wages
but according to the labour law, the organization has to involve large workforce to conduct
field survey to understand customer requirement. It has been noticed that the marketing
campaigning of the competitors forces the marketing team to change or modify their
marketing plan.
Barriers regarding culture:
The culture is considered as a combination of knowledge, morals, values, belief,
attitude and any other capabilities and habits which re shared by the people. As opined by
Chang et al. (2011, p.814), the performance of the organization is influenced by culture in a
big way. It has been found that the market planning of any organization is resist by culture. It
has been found that the organizations often implemented faulty marketing plan for
international market before understanding cultural sensitivities. The assumption ability varies
country to country. It has been noticed that US customer want to know benefit of products
but Japanese want to know benefit from the product as too pushy and arrogant.
Behaviour related barriers:
2.1 Assess the main barriers to marketing planning
Popular organizations like Superdrug have developed their logical sequences of
marketing planning for achieving marketing objectives. However, the organization has faced
some complex during implementation of marketing plan.
Barriers regarding legislation:
It has been noticed that marketing planning is restricted by the limitations and
government legislations. There are some regulating corporate conducts for the organization
to interact with the environment. As opined by Camelo-Ordaz et al. (2011, p.1443), the
corporate regulation may prevent comparison marketing. It has been found that market
surveyors try to compare their products along with competitor’s substandard product. On the
other hand the organization does not involve unskilled workforce because it increase wages
but according to the labour law, the organization has to involve large workforce to conduct
field survey to understand customer requirement. It has been noticed that the marketing
campaigning of the competitors forces the marketing team to change or modify their
marketing plan.
Barriers regarding culture:
The culture is considered as a combination of knowledge, morals, values, belief,
attitude and any other capabilities and habits which re shared by the people. As opined by
Chang et al. (2011, p.814), the performance of the organization is influenced by culture in a
big way. It has been found that the market planning of any organization is resist by culture. It
has been found that the organizations often implemented faulty marketing plan for
international market before understanding cultural sensitivities. The assumption ability varies
country to country. It has been noticed that US customer want to know benefit of products
but Japanese want to know benefit from the product as too pushy and arrogant.
Behaviour related barriers:
It has been noticed that behavioural issues have created barrios in marketing plan. On
the other hand lack of top management involvement and lack of cross function involvement
may affect marketing plan. Now almost every organization involves celebrities for launching
the products in market but sometimes conservative top management feels uncomfortable with
the idea. Apart from this, interpersonal issue and ego clash among the employees may affect
sustaining marketing plan.
Cognitive barriers:
As opined by Jiang et al. (2012, p.1265), lack of knowledge and skills is consider as
main reason for creating faulty or unsuccessful marketing plan. Sometimes, lack of skills
may prevent the marketing team for conducting a market survey to identify the new trends or
customer preference to launch effective marketing campaigning.
System related barriers:
Sometimes, implementation of marketing plan is resist by the inappropriate system. It
has been found that marketing team is not empowered enough for some activities. Therefore
it simply drags down the efficiency and create barrier for timely implementation.
Resource related barriers:
Lack of important resources such as time, people and money have created biggest
barriers to the market planning. The success of any marketing plan is depending fund.
Therefore, cash crunches force the marketing team to focus on low cost alternatives. It also
provides less value for money. Sometimes the organization cannot arrange proper market
survey and campaigning due to lack of employees. The organization does not conduct door-
to-door campaigning due to shortage of ales executives (Muethel et al. 2012, p.526). On the
other hand lack of time also creates a barrier to prepare an eye-catching visuals or quality
promotion materials to generate higher responds.
the other hand lack of top management involvement and lack of cross function involvement
may affect marketing plan. Now almost every organization involves celebrities for launching
the products in market but sometimes conservative top management feels uncomfortable with
the idea. Apart from this, interpersonal issue and ego clash among the employees may affect
sustaining marketing plan.
Cognitive barriers:
As opined by Jiang et al. (2012, p.1265), lack of knowledge and skills is consider as
main reason for creating faulty or unsuccessful marketing plan. Sometimes, lack of skills
may prevent the marketing team for conducting a market survey to identify the new trends or
customer preference to launch effective marketing campaigning.
System related barriers:
Sometimes, implementation of marketing plan is resist by the inappropriate system. It
has been found that marketing team is not empowered enough for some activities. Therefore
it simply drags down the efficiency and create barrier for timely implementation.
Resource related barriers:
Lack of important resources such as time, people and money have created biggest
barriers to the market planning. The success of any marketing plan is depending fund.
Therefore, cash crunches force the marketing team to focus on low cost alternatives. It also
provides less value for money. Sometimes the organization cannot arrange proper market
survey and campaigning due to lack of employees. The organization does not conduct door-
to-door campaigning due to shortage of ales executives (Muethel et al. 2012, p.526). On the
other hand lack of time also creates a barrier to prepare an eye-catching visuals or quality
promotion materials to generate higher responds.
Secure Best Marks with AI Grader
Need help grading? Try our AI Grader for instant feedback on your assignments.
2.2 Examine how organisations may overcome barriers to marketing
planning
Superdrug can understand the marketing barriers by analysing external environment.
The marketing barriers are exhibited by PEST and SWOT analysis. After considering SWOT
and PEST analysis, the marketing managers has developed new strategy to overcome
marketing threats. Therefore, the marketing managers follow some specific steps to
overcome barriers:
Monitor the environment:
As opined by Hong et al. (2012, p.62), continuous monitoring process of threats is
considered by the pace of change in economy. Therefore, the marketing manager has
developed or adjusts existing strategy to reduce threat. The marketing managers have taken
the help of internet to monitor the activities of existing and emerging competitors.
Price competition:
The marketing managers always try to protect their market share from against the
competitors by offering lower price, developing new strategy or highlighting product
strength. The marketing team tried to reduce their price without damaging profit levels.
New products:
It has been found that better products face threats from new products that offer
superior performance to the existing range. Then marketing team has implemented long term
strategy to develop new product development plan. Therefore, the organization can overcome
the threat by implementing the strategy of sourcing new products from business partners.
New competitors:
Sometimes the organization has faced threat for new entry of competitor. Therfre te
marketing managers are implemented the loyalty strategy to protect their customer base from
competitors (Renwick et al. 2013, p.5). The customer loyalty program helps organization for
maintaining their existing customer base and increase business.
planning
Superdrug can understand the marketing barriers by analysing external environment.
The marketing barriers are exhibited by PEST and SWOT analysis. After considering SWOT
and PEST analysis, the marketing managers has developed new strategy to overcome
marketing threats. Therefore, the marketing managers follow some specific steps to
overcome barriers:
Monitor the environment:
As opined by Hong et al. (2012, p.62), continuous monitoring process of threats is
considered by the pace of change in economy. Therefore, the marketing manager has
developed or adjusts existing strategy to reduce threat. The marketing managers have taken
the help of internet to monitor the activities of existing and emerging competitors.
Price competition:
The marketing managers always try to protect their market share from against the
competitors by offering lower price, developing new strategy or highlighting product
strength. The marketing team tried to reduce their price without damaging profit levels.
New products:
It has been found that better products face threats from new products that offer
superior performance to the existing range. Then marketing team has implemented long term
strategy to develop new product development plan. Therefore, the organization can overcome
the threat by implementing the strategy of sourcing new products from business partners.
New competitors:
Sometimes the organization has faced threat for new entry of competitor. Therfre te
marketing managers are implemented the loyalty strategy to protect their customer base from
competitors (Renwick et al. 2013, p.5). The customer loyalty program helps organization for
maintaining their existing customer base and increase business.
Task 3:
3.1Write marketing plan for a product or a service
Executive summary:
This marketing plan has been developed by the learner for a particular product of
Super drug. Then learner has developed this marketing planning after considering SWOT and
PEST analysis. The learner has developed marketing objectives so that the organisation can
implement new marketing strategy easily.
Current marketing situation:
Swot analysis (Internal situation):
Strength
Superdrug still holds their market
position.
They are holding second position in
health and beauty care product
retailer segment in UK market.
Their strong position in UK market
makes them as a value-oriented
beauty retailer in domestic market.
They have chosen exclusive brands
and “A” category brands to attract
customers.
The shoppers also get online facility
to order their beauty care products
and health care products.
High loyalty card membership
attracts more customers towards the
stores.
Weakness
It has been noticed that there are low
number of pharmacies in their retail
stores.
As opined by Alfes et al. (2013,
p.348), there are lack of focus on the
product and space development.
The organization has maintained
female centric products rather than
male centric products.
As a result the male customers are
not interested to visit stores.
The stores are old fashioned and
products are not displayed proper
way.
Opportunity
The organization has increased the
number of pharmacists in their
stores.
This has increased the penetration in
their stores.
On the other hand the organization
has determined their boost margin
and implemented strategy to
Threat
It has been noticed that negative
consumer sentiment about new NHS
laws regarding the records of the
patients have created threat for their
medicine business.
The organization has faced strong
competition from AVON, Boots and
Tesco.
3.1Write marketing plan for a product or a service
Executive summary:
This marketing plan has been developed by the learner for a particular product of
Super drug. Then learner has developed this marketing planning after considering SWOT and
PEST analysis. The learner has developed marketing objectives so that the organisation can
implement new marketing strategy easily.
Current marketing situation:
Swot analysis (Internal situation):
Strength
Superdrug still holds their market
position.
They are holding second position in
health and beauty care product
retailer segment in UK market.
Their strong position in UK market
makes them as a value-oriented
beauty retailer in domestic market.
They have chosen exclusive brands
and “A” category brands to attract
customers.
The shoppers also get online facility
to order their beauty care products
and health care products.
High loyalty card membership
attracts more customers towards the
stores.
Weakness
It has been noticed that there are low
number of pharmacies in their retail
stores.
As opined by Alfes et al. (2013,
p.348), there are lack of focus on the
product and space development.
The organization has maintained
female centric products rather than
male centric products.
As a result the male customers are
not interested to visit stores.
The stores are old fashioned and
products are not displayed proper
way.
Opportunity
The organization has increased the
number of pharmacists in their
stores.
This has increased the penetration in
their stores.
On the other hand the organization
has determined their boost margin
and implemented strategy to
Threat
It has been noticed that negative
consumer sentiment about new NHS
laws regarding the records of the
patients have created threat for their
medicine business.
The organization has faced strong
competition from AVON, Boots and
Tesco.
improve their performance.
The involvement of more
pharmacists will increase the profit
margin of their stores.
Almost same types marketing
strategy like discounts and offers
creates almost no different from
their competitors.
External situation:
The current strategic position of Superdrug depicts that there is less influence from internal
environment and more influence of external activities. The policies and legislations that
influence the taxes, interest rates and export import policies of the company have a deep
impact over marketing plan. Hence, the strategy has to be made defensive against such
critical changes.
Segmentation, targeting, positioning:
The marketing manager has planned to implement a new marketing strategy for
Superdrug Advance Joint care 30S. After observing the SWOT analysis, the marketing
adviser has observed that Superdrug already has a strong market value in UK. Therefore, an
attractive marketing plan will increase the product sell. The marketing adviser has observed
PEST analysis to understand the external condition of the organization. After that the
marketing expert has implemented segmentation for Superdrug Advance Joint care 30S. The
marketing expert has observed that organization has to follow demographic segmentation for
this calcium tablet. This product is specially designed for adults. Therefore the target market
of this product will be the middle age and old age customer.
Objectives:
Marketing objective should be such as:
To develop the detail product positioning for UK market
To design a perfect marketing mix for Superdrug Advance Joint care 30S
To develop attractive marketing strategy for the product
The involvement of more
pharmacists will increase the profit
margin of their stores.
Almost same types marketing
strategy like discounts and offers
creates almost no different from
their competitors.
External situation:
The current strategic position of Superdrug depicts that there is less influence from internal
environment and more influence of external activities. The policies and legislations that
influence the taxes, interest rates and export import policies of the company have a deep
impact over marketing plan. Hence, the strategy has to be made defensive against such
critical changes.
Segmentation, targeting, positioning:
The marketing manager has planned to implement a new marketing strategy for
Superdrug Advance Joint care 30S. After observing the SWOT analysis, the marketing
adviser has observed that Superdrug already has a strong market value in UK. Therefore, an
attractive marketing plan will increase the product sell. The marketing adviser has observed
PEST analysis to understand the external condition of the organization. After that the
marketing expert has implemented segmentation for Superdrug Advance Joint care 30S. The
marketing expert has observed that organization has to follow demographic segmentation for
this calcium tablet. This product is specially designed for adults. Therefore the target market
of this product will be the middle age and old age customer.
Objectives:
Marketing objective should be such as:
To develop the detail product positioning for UK market
To design a perfect marketing mix for Superdrug Advance Joint care 30S
To develop attractive marketing strategy for the product
Paraphrase This Document
Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Marketing strategy:
After launching the product, the organization has to develop attractive marketing
strategy to attract customers. The organization has to develop digital marketing strategy
along with social media marketing. The marketing team has to develop financial plan for the
marketing operations. After that the marketing team has to start the entire marketing and
promotional operation after getting cash from finance department.
Financial plans:
Figure 1: Financial plan for new marketing strategy
(Source: Kehoe and Wright, 2015, p. 368)
Metrics and implementation controls:
The prepared marketing plan has to be executed sequentially. The manager has a specific
responsibility towards implementation of strategies. He/she has to take care that all the
activities are functioning smoothly and as per the requirements of the plan. Any sort of
unethical or unfair practise can be detected when proper supervision and monitoring is
provided.
3.2 Explain why marketing planning is essential in the strategic planning
process for an organisation
As stated by Bennett and Ho (2014, p.232), marketing strategy plays an important
role in a strategic planning process for Superdrug. It has been noticed that some marketing
After launching the product, the organization has to develop attractive marketing
strategy to attract customers. The organization has to develop digital marketing strategy
along with social media marketing. The marketing team has to develop financial plan for the
marketing operations. After that the marketing team has to start the entire marketing and
promotional operation after getting cash from finance department.
Financial plans:
Figure 1: Financial plan for new marketing strategy
(Source: Kehoe and Wright, 2015, p. 368)
Metrics and implementation controls:
The prepared marketing plan has to be executed sequentially. The manager has a specific
responsibility towards implementation of strategies. He/she has to take care that all the
activities are functioning smoothly and as per the requirements of the plan. Any sort of
unethical or unfair practise can be detected when proper supervision and monitoring is
provided.
3.2 Explain why marketing planning is essential in the strategic planning
process for an organisation
As stated by Bennett and Ho (2014, p.232), marketing strategy plays an important
role in a strategic planning process for Superdrug. It has been noticed that some marketing
positions are represented by the corporate level. The organization has considered the
marketing planning as a main function. It has been noticed that marketing is involved in
strategic planning in an organization. According to Jackson et al. (2014, p.45), marketing
managers have described the different activities regarding corporate, business and market
strategic plans. The strategic marketing activities are classified into three different factors
such as organizational orientation, information gathering and development of strategic plans.
Marketing planning is essential so that company can easily achieve its business goal
and objectives. Further it can make good position in market by using marketing planning.
The marketing planning process helps in giving directions to the activities related with
marketing of a product and service of a company. Customer services, internal marketing
support and overall control on all functions is also categorised in this planning. Objectives
and goals which are designed by company are strategically aligned with activities and
business operations. Since, marketing has a deep routed impact over organisational
orientation; the importance of marketing planning increases.
marketing planning as a main function. It has been noticed that marketing is involved in
strategic planning in an organization. According to Jackson et al. (2014, p.45), marketing
managers have described the different activities regarding corporate, business and market
strategic plans. The strategic marketing activities are classified into three different factors
such as organizational orientation, information gathering and development of strategic plans.
Marketing planning is essential so that company can easily achieve its business goal
and objectives. Further it can make good position in market by using marketing planning.
The marketing planning process helps in giving directions to the activities related with
marketing of a product and service of a company. Customer services, internal marketing
support and overall control on all functions is also categorised in this planning. Objectives
and goals which are designed by company are strategically aligned with activities and
business operations. Since, marketing has a deep routed impact over organisational
orientation; the importance of marketing planning increases.
3.3 Examine techniques for new product development
Figure 2: Ansoff matrix
(Source: McDonald, 2013, p.45)
The marketing expert has planned to follow Ansoff matrix to examine the new
product development process. Before developing the new product idea, the marketing team
has to develop market research. The marketing team has to consider the condition of
replacement product of Superdrug Advance Joint care 30S. The marketing team has to
examine the survey reports to understand the opportunity (Boone and Kurtz, 2013). After that
marketing team has to implement a new concept of testing and develop sample of Superdrug
Advance Joint care 30S. The marketing team has distributed samples and collect feedback
from customers. After making some changes, marketing team has finally launched the
product.
Figure 2: Ansoff matrix
(Source: McDonald, 2013, p.45)
The marketing expert has planned to follow Ansoff matrix to examine the new
product development process. Before developing the new product idea, the marketing team
has to develop market research. The marketing team has to consider the condition of
replacement product of Superdrug Advance Joint care 30S. The marketing team has to
examine the survey reports to understand the opportunity (Boone and Kurtz, 2013). After that
marketing team has to implement a new concept of testing and develop sample of Superdrug
Advance Joint care 30S. The marketing team has distributed samples and collect feedback
from customers. After making some changes, marketing team has finally launched the
product.
Secure Best Marks with AI Grader
Need help grading? Try our AI Grader for instant feedback on your assignments.
Product development strategy is based on use of new or improved products in the
existing target markets. Innovation and research and development activities can be implied
the company for developing product i.e. Superdrug Advance Joint care 30S. New product can
be developed with help of the facts that have led to failure of old product. Customer
satisfaction surveys and feedbacks can help in gathering this information.
Therefore entire product development process has been maintained in following way:
Figure 3: Product development plan
(Source: Czinkota and Ronkainen, 2013, p.54)
3.4 Justify recommendations for pricing policy, distribution and
communication mix
After implementing new product development plan, the marketing manager has to
focus on three different properties such as pricing policy, distribution and communication.
Pricing policy:
It has been observed that the marketing executive has planned to develop the new
marketing strategy for Superdrug Advance Joint care 30S. Therefore, the marketing expert
has to consider the substitute products of that joint care medicine such as Valupak
Supplements Joint Care Glucosamine & Chondroitin Tablet, Seven Seas Joint Care Supplexn
and Boots Joint Care Complete (Turnbull and Valla, 2013). After observing the price of those
joint care tablets, the marketing executive has to decide the price of their products. The
marketing team has to select low pricing strategy but careful about the profit margin.
The pricing policy when developed with reference to competitor policies, can become
more effective for the company. Aforementioned recommendation is important for the
organisation because it will help in acquiring customer share more easily.
Distribution:
existing target markets. Innovation and research and development activities can be implied
the company for developing product i.e. Superdrug Advance Joint care 30S. New product can
be developed with help of the facts that have led to failure of old product. Customer
satisfaction surveys and feedbacks can help in gathering this information.
Therefore entire product development process has been maintained in following way:
Figure 3: Product development plan
(Source: Czinkota and Ronkainen, 2013, p.54)
3.4 Justify recommendations for pricing policy, distribution and
communication mix
After implementing new product development plan, the marketing manager has to
focus on three different properties such as pricing policy, distribution and communication.
Pricing policy:
It has been observed that the marketing executive has planned to develop the new
marketing strategy for Superdrug Advance Joint care 30S. Therefore, the marketing expert
has to consider the substitute products of that joint care medicine such as Valupak
Supplements Joint Care Glucosamine & Chondroitin Tablet, Seven Seas Joint Care Supplexn
and Boots Joint Care Complete (Turnbull and Valla, 2013). After observing the price of those
joint care tablets, the marketing executive has to decide the price of their products. The
marketing team has to select low pricing strategy but careful about the profit margin.
The pricing policy when developed with reference to competitor policies, can become
more effective for the company. Aforementioned recommendation is important for the
organisation because it will help in acquiring customer share more easily.
Distribution:
The marketing team has select good suppliers to distribute new products all over UK.
The organization already has more than 700 stores in UK. Therefore, the marketing team has
to distribute sample file and product to all stores. Apart from that, the marketing team has to
talk with other small and medium medicine retailers and distribute their products to them.
This process will increase the sales of Superdrug Advance Joint care 30S.
Distribution is an important aspect for consideration by the company. There are times
when tremendous supply of products goes waste and company has to suffer losses. On the
other hand, extreme demand of product can harm the corporate image of company.
Henceforth, distribution of products and services must be efficient and inventory production
has to be controlled for maintaining profit margins.
Communication:
Communication is important for the marketing executive in terms of approaching
customers and collecting feedback from them. The marketing team has to develop good
customer relation to understand their requirement. On the other hand the marketing team has
to transfer those data to the research and development department. Hence, the product
specification will match the customer requirement. In that case, the marketing team has found
the maximum customer prefer oral used medicine rather than applicable ointment because it
is critical to apply ointment in regular busy life. Therefore, good communication between
customers and marketing managers helps to develop Superdrug Advance Joint care 30S.
therefore the marketing team has to increase communication or interaction with customer to
feel them that Superdrug Advance Joint care 30S is the best product. This process will
increase the sales of drugs.
3.5 Explain how factors affecting the effective implementation of the
marketing plan have been taken into account
It has been observed that Superdrug’s marketing plan is affected by five different
factors such as:
The organization already has more than 700 stores in UK. Therefore, the marketing team has
to distribute sample file and product to all stores. Apart from that, the marketing team has to
talk with other small and medium medicine retailers and distribute their products to them.
This process will increase the sales of Superdrug Advance Joint care 30S.
Distribution is an important aspect for consideration by the company. There are times
when tremendous supply of products goes waste and company has to suffer losses. On the
other hand, extreme demand of product can harm the corporate image of company.
Henceforth, distribution of products and services must be efficient and inventory production
has to be controlled for maintaining profit margins.
Communication:
Communication is important for the marketing executive in terms of approaching
customers and collecting feedback from them. The marketing team has to develop good
customer relation to understand their requirement. On the other hand the marketing team has
to transfer those data to the research and development department. Hence, the product
specification will match the customer requirement. In that case, the marketing team has found
the maximum customer prefer oral used medicine rather than applicable ointment because it
is critical to apply ointment in regular busy life. Therefore, good communication between
customers and marketing managers helps to develop Superdrug Advance Joint care 30S.
therefore the marketing team has to increase communication or interaction with customer to
feel them that Superdrug Advance Joint care 30S is the best product. This process will
increase the sales of drugs.
3.5 Explain how factors affecting the effective implementation of the
marketing plan have been taken into account
It has been observed that Superdrug’s marketing plan is affected by five different
factors such as:
Existing competitors:
The organization has faced tough market challenges regarding their new product due
to presence of substitute products. It has been noticed that substitute products such as
Valupak Supplements Joint Care Glucosamine & Chondroitin Tablet, Seven Seas Joint Care
Supplexn and Boots Joint Care Complete are manufactured by competitive organizations
such as Boots (Morrison, 2013). Therefore, marketing strategy is affected by the strong
competitors.
Threats of new entrants:
The marketing manager has to observe the strategy of new entrants. If it is a small
brand then there will be small risk for the organization because small organization can
decrease their profit margin as much as possible and reduce price of their medicine. If the
new entrant will be the well establish organization then marketing manager has to change
their marketing strategy.
Bargaining power of the suppliers:
The organization has to consider the bargaining power of the suppliers. Therefore, the
marketing executives have to deal with the suppliers very carefully because entire product
supply is depending on suppliers (Berman and Evans, 2013).
Threat of substitutes:
The marketing team has to consider the existing similar products. In that case the
marketing team has to reduce price comparatively to increase the popularity of the medicine.
Bargaining power of buyers:
As stated by Berman and Evans (2013), customer always prefers to buy good product
in comparatively low price. Therefore the marketing team has to collect the feedback of the
customers and select pricing strategy as per their preference.
The above mentioned factors affect the effective implementation of marketing plan of
the company in diverse ways. These factors have been taken into account by considering on
the situational analysis part of the plan. When internal and external analysis is performed,
The organization has faced tough market challenges regarding their new product due
to presence of substitute products. It has been noticed that substitute products such as
Valupak Supplements Joint Care Glucosamine & Chondroitin Tablet, Seven Seas Joint Care
Supplexn and Boots Joint Care Complete are manufactured by competitive organizations
such as Boots (Morrison, 2013). Therefore, marketing strategy is affected by the strong
competitors.
Threats of new entrants:
The marketing manager has to observe the strategy of new entrants. If it is a small
brand then there will be small risk for the organization because small organization can
decrease their profit margin as much as possible and reduce price of their medicine. If the
new entrant will be the well establish organization then marketing manager has to change
their marketing strategy.
Bargaining power of the suppliers:
The organization has to consider the bargaining power of the suppliers. Therefore, the
marketing executives have to deal with the suppliers very carefully because entire product
supply is depending on suppliers (Berman and Evans, 2013).
Threat of substitutes:
The marketing team has to consider the existing similar products. In that case the
marketing team has to reduce price comparatively to increase the popularity of the medicine.
Bargaining power of buyers:
As stated by Berman and Evans (2013), customer always prefers to buy good product
in comparatively low price. Therefore the marketing team has to collect the feedback of the
customers and select pricing strategy as per their preference.
The above mentioned factors affect the effective implementation of marketing plan of
the company in diverse ways. These factors have been taken into account by considering on
the situational analysis part of the plan. When internal and external analysis is performed,
Paraphrase This Document
Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
these factors are considered and analysed. As a result, company is easily able to recognise the
barriers in effective implementation and these are recorded in the plan at analysis stage.
Task 4:
4.1 Explain how ethical issues influence marketing planning
It has been found that the marketing managers have faced some ethical issue while
managing the marketing plan. Those ethical issues are as follows:
Market research:
The market research team has make privacy about the collecting data. If the data will
published without taking the permission of the respondents, then it will be unethical for the
organization.
Market audience:
If the market research is not done among the publics who know about the medicine
then it will be unethical for the marketing research.
Advertisements and promotion:
barriers in effective implementation and these are recorded in the plan at analysis stage.
Task 4:
4.1 Explain how ethical issues influence marketing planning
It has been found that the marketing managers have faced some ethical issue while
managing the marketing plan. Those ethical issues are as follows:
Market research:
The market research team has make privacy about the collecting data. If the data will
published without taking the permission of the respondents, then it will be unethical for the
organization.
Market audience:
If the market research is not done among the publics who know about the medicine
then it will be unethical for the marketing research.
Advertisements and promotion:
The organization has to follow the government rules and policies about the
advertisement publication rules and regulation. Therefore, unethical publication of
advertisement may create legal discrimination for the organization.
There are various ethical issues in the marketing planning of Superdrug. If ethical
issues arise during execution or implementation of marketing planning then organisation may
have to address certain serious legal allegations from consumers or competitors. The
influence of ethical issues is quite high. Company has to formulate the marketing strategies in
accordance with these issues.
4.2 Analyse examples of how organisations respond to ethical issues
It has been published in a popular news journal that Harrods has stopped some tea
products of some popular brands due to unethical certification of organization in 2015.
Harrods had cleared that those unethical tea production plan did not maintain the chemical
ratio (Bbc.co.uk, 2016).
The ethical issue related with marketing planning and execution is incorrect delivery
of information. It is important to note that consumers have their right for redressing if they
have faced any sort of critical damage. For instance, company has produced incorrect
information in the advertisements and labels of product like the Joint care ointment. False
claims were made by the company regarding quick healing and no side effects from the
cream. Customers and certain scientific reporters claimed for justice in the court and as a
result, company had to compensate production of all the related products.
For example if any unethical practices take place then organization can easily respond
it by making changes in its current policy and focus on making product which not impact
health of people
advertisement publication rules and regulation. Therefore, unethical publication of
advertisement may create legal discrimination for the organization.
There are various ethical issues in the marketing planning of Superdrug. If ethical
issues arise during execution or implementation of marketing planning then organisation may
have to address certain serious legal allegations from consumers or competitors. The
influence of ethical issues is quite high. Company has to formulate the marketing strategies in
accordance with these issues.
4.2 Analyse examples of how organisations respond to ethical issues
It has been published in a popular news journal that Harrods has stopped some tea
products of some popular brands due to unethical certification of organization in 2015.
Harrods had cleared that those unethical tea production plan did not maintain the chemical
ratio (Bbc.co.uk, 2016).
The ethical issue related with marketing planning and execution is incorrect delivery
of information. It is important to note that consumers have their right for redressing if they
have faced any sort of critical damage. For instance, company has produced incorrect
information in the advertisements and labels of product like the Joint care ointment. False
claims were made by the company regarding quick healing and no side effects from the
cream. Customers and certain scientific reporters claimed for justice in the court and as a
result, company had to compensate production of all the related products.
For example if any unethical practices take place then organization can easily respond
it by making changes in its current policy and focus on making product which not impact
health of people
4.3 Analyse examples of consumer ethics and the effect on marketing
planning
It has been observed that more than 2 million customers have refused to buy plastic
bottles of soft drinks in UK after the regulation of National Environment Commission in
2014 (Bbc.co.uk, 2016). Therefore, popular organizational like Pepsi and Coca Cola has
changed their marketing strategy and apologized to customers and bring canned soft drinks in
UK market.
Apart from the business organisations, consumers also have certain duties and
responsibilities towards ethical marketing and issues of a product and service. Consumer
ethics refers to this fulfilment of duties and responsibilities. If a company is using unfair
means of marketing products and services then consumer ethics gives customers the right to
take actions against the organisation. For instance: Superdrug is selling a beauty cream for
young women claiming removal of pimples and skin marks. But the cream had no such
effects on the skin and in turn become as the highest priced product in cosmetic range.
Consumer ethics depict that customer has to take action against these false claims.
planning
It has been observed that more than 2 million customers have refused to buy plastic
bottles of soft drinks in UK after the regulation of National Environment Commission in
2014 (Bbc.co.uk, 2016). Therefore, popular organizational like Pepsi and Coca Cola has
changed their marketing strategy and apologized to customers and bring canned soft drinks in
UK market.
Apart from the business organisations, consumers also have certain duties and
responsibilities towards ethical marketing and issues of a product and service. Consumer
ethics refers to this fulfilment of duties and responsibilities. If a company is using unfair
means of marketing products and services then consumer ethics gives customers the right to
take actions against the organisation. For instance: Superdrug is selling a beauty cream for
young women claiming removal of pimples and skin marks. But the cream had no such
effects on the skin and in turn become as the highest priced product in cosmetic range.
Consumer ethics depict that customer has to take action against these false claims.
Secure Best Marks with AI Grader
Need help grading? Try our AI Grader for instant feedback on your assignments.
Conclusion
This report is based on the existing market condition of Superdrug in UK. The learner
has developed the changing marketing prospective. After that the learner has analysed the
main barriers for marketing planning. The learner has developed a marketing plan along with
techniques for new product development. Finally the learner has provided a suitable example
about ethical issues and consumer ethics for better understanding purpose.
This report is based on the existing market condition of Superdrug in UK. The learner
has developed the changing marketing prospective. After that the learner has analysed the
main barriers for marketing planning. The learner has developed a marketing plan along with
techniques for new product development. Finally the learner has provided a suitable example
about ethical issues and consumer ethics for better understanding purpose.
Task 1: 1.4 Poster:
Reference list:
Reference list:
Paraphrase This Document
Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
1 out of 27
Related Documents
Your All-in-One AI-Powered Toolkit for Academic Success.
+13062052269
info@desklib.com
Available 24*7 on WhatsApp / Email
Unlock your academic potential
© 2024 | Zucol Services PVT LTD | All rights reserved.