Impact of Marketing Activities on Business Performance: A Study on Tesco
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Added on 2023/03/29
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This presentation explores the impact of marketing activities on the business performance of Tesco, one of the leading brands in the UK. It discusses the research objectives, data analysis, and provides recommendations for improving business performance.
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Research project (TO IDE NT IF Y TH E I MPA C T O F MA RK ET IN G A CT IV I TIE S O N B U S IN E S S PE RF ORMA NCE : A ST U D Y O N TE SC O .)
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Table of content TopicsPage number Introduction3 Research objectives4 Data analysis5 Recommendations15 References16
Introduction Today business environment is too complex and competitive which required an organization is to design and develop their marketing strategies. So that a firm can maintain its position in the market in the long run. The current is based on Tesco PLC which is one of the most reliable and leading brand in the United Kingdom.
Research objectives To determine various marketing activities relating to business performance. To identity the relationship between marketing activities and competitive advantage. To evaluate different methods current and future performance of business relating to marketing. To provide recommendations regarding business performance.
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Data analysis Data analysis is a related with the interpretation of collected information and make recommendation in an appropriate manner. In this report, thematic analyses will be used to make an effective conclusion.
Theme 1: Many customers purchase products from Tesco
Theme 2:How many times you visit Tesco Store. A) One time in a weekB) One time in a monthC) One time in 3 monthsD) Rarely 0 2 4 6 8 10 12 14 12 5 2 1
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Theme 3: People are highly satisfied with the services that are offered by Tesco. A) SatisfiedB) Highly satisfiedC) DissatisfiedD) Highly Dissatisfied 0 1 2 3 4 5 6 7 8 9 8 5 4 3
Theme 4: Reward scheme and past experience motivates an individual more in order to buy the products from Tesco. 15 3 1 1 A) SatisfiedB) Highly satisfiedC) DissatisfiedD) Highly Dissatisfied
Theme 5: Variety and quality in services affects the choices of people A) AgreeB) Highly AgreeC) DisagreeD) Highly Disagree 0 2 4 6 8 10 12 14 12 1 5 2
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Theme 6: Customers contacted service centre of Tesco. A) TVB) News paperC) HoldingsD) Social media 0 1 2 3 4 5 6 7 8 9 8 4 5 3
Theme 7:Customer opinion on things Tesco need to diversify their business. 10 5 3 2 A) AgreeB) Highly AgreeC) DisagreeD) Highly Disagree
Theme 8:Customer opinion on sector more suitable for the company. A) Food and restaurantB) EnergyC) Service sectorD) Manufacturing 0 1 2 3 4 5 6 7 8 9 8 55 2
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Theme 9:Customer opinion on Tesco needs to spend more on marketing. 70% 15% 10% 5% A) Agree B) Highly Agree C) Disagree D) Highly Disagree
Theme 9:Customer opinion on Tesco needs to expand their business in to other countries. A) YesB) No 0 2 4 6 8 10 12 14 16 18 16 4
Recommendations As per the mentioned report it has been recommended that the role of marketing activities is too essential in order to meet its short and long term target. Higher authorities required that to conduct market research on regular basis and tries to understand the changing needs of their customers. it will help to design and offer product which enhanced customer satisfaction level. Tesco also need to increase their product line and adding new goods in to existing product range. It will provide gain competitive superiority in the market.
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References Bauer, G. R., 2014. Incorporating intersectionality theory into population health research methodology: challenges and the potential to advance health equity.Social Science & Medicine. 110. pp.10-17. Flick, U., 2015.Introducing research methodology: A beginner's guide to doing a research project. Sage Ha, S. and Stoel, L., 2014. Designing loyalty programs that matter to customers.The Service Industries Journal. 34(6). pp.495-514.