This report discusses the marketing processes and planning for Uber Eats, including market trends, roles and responsibilities of marketing, interrelationship with organization vision, mission and purpose, and effective marketing strategies. It also includes a market plan and media plan for the organization.
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Unit 2 Marketing Processes and Planning
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TABLE OF CONTENTS INTRODUCTION...........................................................................................................................3 MAIN BODY...................................................................................................................................3 Introduction to current marketing trend and explaining the concept of marketing in context of the company.................................................................................................................................3 Analysing the roles and responsibilities of marketing and its competencies required to succeed.........................................................................................................................................3 Marketing functions.....................................................................................................................4 Explaining the interrelationship which supports the organization vision, mission and purpose.4 Reflection on internal and external factor which influence the marketing functions..................5 Comparing and performing the marketing mix of Uber Eat with Just Eat..................................5 Marketing strategies and tactics which helps the organization to meet overall success..............6 Recommendation.........................................................................................................................6 CONCLUSION................................................................................................................................6 TASK 2............................................................................................................................................7 INTRODUCTION...........................................................................................................................7 MAIN BODY...................................................................................................................................7 Market plan..................................................................................................................................7 Selection of a product.................................................................................................................7 Developing market objectives......................................................................................................7 Evidence based market scan.......................................................................................................8 Effective marketing strategy........................................................................................................9 Budget..........................................................................................................................................9 Monitoring and control plan......................................................................................................10 Media budget.............................................................................................................................10 Recommendation.......................................................................................................................10 Appropriate channels for communication..................................................................................11 Justification................................................................................................................................11 CONCLUSION..............................................................................................................................11 REFERENCES..............................................................................................................................13
INTRODUCTION Marketing is a process of advertising the particular organization product and services to the consumer so that they can be able to grow and develop their business. The company Uber Eat is one of the online food delivery platform who wants to increase their marketing process and strategies in definite manner and can obtain the excellent outcome. The report will illustrate the concept of the marketing which is required to be adopted by the Uber Eat according to the market trends where they can be able to obtain the fruitful result and outcome (NEGRICEA and PURCAREA, 2018). It includes the different marketing functions and strategies which can accelerate the definite growth of the organization. TASK 1 MAIN BODY Introduction to current marketing trend and explaining the concept of marketing in context of the company. The Uber Eat company is food delivering services platform where the concept of this food delivery system has been adopted by many other organization and able to gain fruitful results. The company has been utilizing the different ways of marketing within a trend which can make their business grow and develop in appropriate manner. Uber Eat company has been using the application for the consumer for the better online services they can be utilized and can order their foods accordingly. Marketing is the important factor in any business which helps the company to express and aware the customer about their particular services and products. Nowadays, there are many trends has been after the pandemic where the food industry is required to grow appropriately (Najem, 2021). For example, third party delivery, in-house restaurant delivery, online selling, subscriptions for the better profit. These trends are required to be adapted by the Uber Eat from which they can be able to receive the better amount of outcome and profit. Applying these trends will increase the marketing areas of the company and can be able to deliver the services in effective manner. Analysing the roles and responsibilities of marketing and its competencies required to succeed. The marketing have one particular role and responsibilities where they have to advertise their product and services so that the information can be able to reach to the target market or consumers. Marketing departments has to promote their brand and receive the appropriate feedbacks and reviews is the most important activity they have to perform. They are also having
a responsibility where they have to conduct a marketing campaign for the increased sales and can obtain the focus of the people from which they can be able to know about the product and service. Even, the Uber Eat has created an application of their services where they can be able to promote their product and can obtain the higher profitability from the consumers. Marketing functions. Marketing department has the interrelationship with the other departments which is essential for them to obtain the better outcome. The marketing department is interacted with the operation management, finance management and even from human resource management. The interaction from the operation management is required by the marketing department as it ensures the safety of the products and services from which they can be ale to promote the services and also can ensure the public in regard to the quality of the product (Nam, Kim Chang and et.al., 2021). The operation management also required for marketing team as they can be able to know the schedule of the particular manufacturing so that the marketing department can deliver the accurate information to the customers. Also, finance department is also important for the marketing department as it will enable the team for the appropriate finance and economy which they can spend in the marketing areas and tools. At last, the interaction from the human resource team will help the marketing department to hire an ambitious staff people in the sales team who can provide the innovative ideas and can deliver the effectiveness. Explaining the interrelationship which supports the organization vision, mission and purpose. To run any business it is important understand and set a definite goals and mission from which the individual can be able to drive in the particular direction. The three concepts vision, mission and purpose is interconnected with each other and can create a definite path for the business to grow and develop appropriately. Before launching and starting of a company an individual needs to create a definite vision from which they can be able to decide the business areas and the different tactics for the better development. As, an individual is able to create a vision then, the mission is required to be formed or set by the person as they have to reach this level of success in the definite time period (Malaisamy, 2021). At last, a perfect purpose is required by the person so that they can work on the particular mission and can obtain effective result and outcome.
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Reflection on internal and external factor which influence the marketing functions. There are many factors which influences the marketing functions. Here, mentioned the internal and external factor both which affect the marketing of a business. External Competition: In my opinion, there are food delivering industries has been launched and started which creates a huge or wide competition in the market field. For example, Just Eat who is also a very good food delivery services. Technology:In today life, everyday someone is driving the innovation at higher places which creates an issue for the consumer to understand the technology. A rapid technological changes has been impacted the market and consumer as well (Reshmidilova, 2019). Internal Operational issues:This factor includes the quality area of the product and service where the marketing department has bee get affected. Marketing of the product or services includes the valid information about the product top the consumers where the production issues can impact the marketing. Finance:The lack of finance can impact the marketing from where the department cannot be able to provide and deliver the appropriate marketing and advertising to the target market. Comparing and performing the marketing mix of Uber Eat with Just Eat. ProductThere are many kinds of products and services launched by the company Uber where the Uber eats is a food delivery system. They deliver the food by online ordering and deliver the food according to the location. On other side, the Just eat company is also online food delivery system where the company do not operate and established their own application for the deliveries. PriceThe pricing structure of the Uber eat is quite good and also provides the discounts on the membership and on other hand, Just Eat company offers quite high pricing (Paul, 2019). PlaceUber eat deliver the food from its store and online platform both but Just Eat only deliver their services online.
PromotionUber Eats gives the 50% off on the first order where the just Eat only offers 25%. Marketing strategies and tactics which helps the organization to meet overall success The company Uber Eat implements the social media platform strategy to promote and advertise their services widely. Social media is very vast platform where the product and services can be able easily promoted by the business management and can earn the maximum profit. Even, they had created a particular application for the consumer so that they can easily order the food and can increase the number of customers (Agarwal and Bansal, 2018). Recommendation Uber Eat is required to focus on the offline delivery services from which they also can increase their consumer. The mentioned company also requires to put the best offers for the consumer such as occasional discounts. CONCLUSION The report has concluded the importance of marketing in a business which can result a company very beneficial. In this report, the mentioned company wants to drive the marketing better in relation to marketing trends which can result better outcome. It has included the mission, vision and purpose of the company and also included the marketing function, different tactics and strategies which can influence the marketing environment. Also, the report has mentioned the justified recommendation which can provide a better opportunity to the company to adopt and can increase their profit and benefits in appropriate manner.
TASK 2 INTRODUCTION This report will show the market plan and media plan for the business organization that is Uber eats, That gives door to door delivery service of foods and groceries, this online food delivery system was started by Uber in 2014 in which the meals are delivered by using cars, scooters or by walking. Market plan is a document that state the advertising strategy that a firm will execute to achieve its target in the market. And media plan is the structure through which the marketers got to know that where, how and when they will run their own advertisement in the way to increase return on investment and engagements(Popan, C., 2021). MAIN BODY Market plan A market plan helps in determining that who the target market is, how best the marketer can reach them, at what price the goods or services has to be sold and how will a company measure it's efforts. MARKET PLAN REPORT Selection of a product For the market plan the Uber Eats can be the suitable organisation having best products in the current trend market. The plan of marketing mainly focuses on decisions of business of Uber Eats and has shown the way to target their customer base of 25-45 year old. The main benefit of UberEats is all of it's competitors are facing lack of financing and Uber Eats is earning at there place on it's brand name(Nazario Ramírez,2018). Developing market objectives The main reason behind the running of an organisation is it's objective, some of the main objectives are :- increase in restaurant sign up Increase in restaurants sign up SPECIFICSign up of 12 new restaurants in the first month MEASURABLESign up of 1 restaurant in every 4 days in the month of 30 days ACHIEVABLEThe success of Uber eats is very high, person who is signed up to app have the maximum chance to give a order from application or will come to restaurant dinning space for dine in
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REALISTICIt his take huge time in the reality because of the process that a restaurant take in to partner with UberEats TIMELYIn the period of 3 months there must be 30 new sign ups of restaurant Evidence based market scan To have a market scan of organisation , there are two analysis that have to be created:- SWOT and Porter's five forces SWOT ANALYSIS STRENGHTS: ITISAWELL-REPUTATED BRAND. DRIVERSFROMUBERARE AVAILABLEEVERYTIMEFOR DELIVERY WEAKNESSES: THEREISONLYONEWAYOF ORDERING THAT IS APP. PERSON WHO DOESN'T HAVE AN SMARTPHONECAN'TORDER FOODS OPPORTUNITIES; CAN INCREASE THEIR DELIVERY AREAS TARGETINGTHECONSUMER HIGH-END THREATS: PRICE IS VERY SENSITIVE IN THIS MARKET RESTAURANTSARETOO EXCLUSIVE PORTER'S FIVE FORCES Competitionamong existing firms Zomato, swiggy, Foodora, Menu log are the direct competition to the Uber Eats Threat of substituteLite'n'easy is the biggest threat to the organization as consumer favour it because it is less expensive Threat of new entrantsFirms who are coming to enter this market in upcoming time must have something innovative to compete with Uber Eats. BargainingpowerofConsumer have a big power and can purchase from the market selling
buyersthe product at lower price(SADIK, R.M., 2018). Bargainingpowerof suppliers Without restaurants uber eats is nothing so the real bargaining power goes in the pocket of restaurants. Effective marketing strategy There are two main strategy these are as follow:- STP ANALYSIS Segmentation:It is further divided in two segments these are demographic and psycho graphic Demographic segmentation :- This organization has separated the market based on age. This includes the teenagers who love to eat foods but have less money to spend on , the next is office people's that doesn't have time to cook and want to spend less on food. Psycho graphic segmentation :- This divides the market based on lifestyle of people's on the basis of their social features and personality traits. This organization has gone into the emotions of peoples, providing less and affordable price(Xi, Y., 2020). Target: The targeting market of this organisation are the people's of age 18-45 Positioning: Providing food at the least price without compromising on the speed of service is the main positioning strategy of Uber Eats(Goch, R. 2018). 7p's OF MARKETING Product : means the service uber eats is providing to customer, menu is the service that uber eats provide in which your dine in menu can be different example – restaurant serving coffee in dining but not serving it as delivery Price : There are 4 major components of price these are:- menu item price, packaging fees, taxes and delivery fees Place : it means the channel by which the organisation will get the orders it is application Promotion: it means the advertisement of the organisation through every mean and everywhere Process: it covers the operation of the firm of food delivery system example- provision of refunds Physical evidence : tangible or tangible resource of organisation that consumer comes in touch with. People: the main resource of any organisation is HR.
Budget ITEMCOSTSUB-TOTAL Uber costume$2 * 5,000$10,000 Free deliveries$5 * 250 ( per day deliveries )$30,000 Loyalty programs$15 off on every 5thorder – 45,000/5*20 $180,000 Influencer marketingCost of influencer $10 each of 2 posts-$100*10*2 $2,000 Sponsor ads$16000forInstagrameditor campaign $16,000 ContingencyAllowanceofaddition promotion cost $12,000 TOTAL-------------------------------------$250,000 Monitoring and control plan Uber is everywhere in the city they monitor and control their orders by giving the orders in a equal manner, to it's drivers so that they can use time management skills and deliver it to consumer this skill is maintained through the personal application of delivery man of the organization in which the firm sends the order, and they deliver the order and gets the pay in return. They review and pay their employees through the help of reviews which were given by the customers (Kwok,N.K., 2021). Media plan This plan is made to reach the target customer through the way of promotion which will attract the customer. Media budget UberEats is the part of Uber technology that provides foods and grociery services through online mode, it has spended over $104 million on the advertising of it's sevices or products in digital, offline and national T.V, Uber eats have invested in premium ad units and adverised on mpre than 250 different media units , it has advertised itslef in many channels which include websites, facebook, instagram, national T.V channels, private posters, face to face advertising
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their media budget includes the kit and uniform of their employees so whenever or wherever they go they can advertise the organisation (Furunes, 2019). Recommendation The company Uber Eat also can conduct a marketing campaign which also covers the activity in setted budget and can increase the consumer scale in appropriate manner. The company is already utilizing the technology where it included the television media and social media platform for the better reach to the target market. Using the social media platform is the best way from where the company can be able to obtain the maximum amount of profit and can achieve the success in overall decided budget and finance (Hasan and Islam, 2020). Deciding the definite target market for the services and product is the best way to align with the business marketing objectives. Appropriate channels for communication Digital:There are many channels for the communication where the company can create a particular website for the better reach to the people and also can utilize the what's-app, SMS, live chat and such more channels. Offline:This area includes the channels such a newspaper, campaign, presentations, printing materials like pamphlets. All these objectives comes under the offline marketing where the company can utilize and can earn the profit. Social Media:The social media platform is quite vast and very effective which helps the business and marketing areas to promote their objectives in wide manner. The channels such as Facebook, Instagram, Twitter, You-tube and such more. Justification The company named Uber Eat is adopting and focusing on both areas qualitative and quantitative where the quantitative criteria include the base, reach, engagement or a number of consumer which can affect the company business (Eriksson, Bigi and Bonera, 2020). On another side, the qualitative mainly focuses on the quality of the product and services where the company is also can be able to obtain the appropriate amount of profit and outcome. Implementing these both criterion strategies helps the organization to increase their marketing areas and can grow and develop effectively.
CONCLUSION This study has the two types of plan used by UberEats these are marketing plan and media plan. These plans shows that the how UberEats can use the proper strategies to implement a powerfulposition in the food and groceries delivery market, it is based onpromoting the healthy/stylish food ways, Uber Eats have to appeal to big-end market restaurants within the city to distinguish between the brands, these plans outlines the best use of discounts for regular purchases which rewards the loyalty of the brand customers in final terms the organisation willaim to energise th brand UberEats through promotion using social media and national T.V. All these strategies will help out UberEats on it's initial stage(Akcam, B.K.2020,).
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NEGRICEA, C.I. and PURCAREA, I.M., 2018. Digital marketers challenged to drive results within the connected world.Holistic Marketing Management Journal.8(3), pp.08- 13. Paul,J.,2019.Marketinginemergingmarkets:areview,theoreticalsynthesisand extension.International Journal of Emerging Markets. Popan, C., 2021. Embodied Precariat and Digital Control in the “Gig Economy”: The Mobile Labor of Food Delivery Workers.Journal of Urban Technologypp.1-20. Reshmidilova, S., 2019. Marketing personnel as an effective method of development the personnel policy enterprise. SADIK, R.M., 2018. Impact of Total Quality Management on Customer Satisfaction (E- Services).International Journal,7(6). Xi,Y.,2020.Valuesofartificialintelligenceinmarketing(Doctoraldissertation,Missouri University of Science and Technology).