logo

Strategic Marketing for Tropicana in Somalia

   

Added on  2023-01-06

17 Pages3924 Words86 Views
Strategic Marketing

Executive summary
Tropicana is American multinational company want to expand in Somalia, a sovereign country in
Africa with its fruit’s juices.Pestle analysis of Somalia will help Tropicana company to
understand potential opportunities and threats. In addition, Market entry options development or
sale of the products or services or cooperate each other in achievement of organisational
objectives. The firm fruit-based beverages are particular focussing on their youth belonging to
lower- and middle-income groups. The firm need to focus on appropriate intensives growth
strategies to achieve the growth in Somalia country which includes market penetration, product
development, market development and diversification.

Contents
INTRODUCTION...........................................................................................................................3
PESTLE Analyse.........................................................................................................................3
Market Entry Options..................................................................................................................6
STP..............................................................................................................................................7
Porters Generic strategies............................................................................................................9
CONCLUSION..............................................................................................................................11
REFERENCES..............................................................................................................................12

INTRODUCTION
Strategic marketing is the process of planning, developing and implementing manoeuvres to
obtains the significant competitive edge by outlining simplifying direct maps of company
objectives achievements. A well-defined feasible marketing strategy helps the organization in
meeting customer needs and attainable suitable goal. Companies are performing great strategy
for with creation of brand attachments and customer loyalty through different marketing
practices and tactics.
Tropicana is American multinational company primary markets fruit-based beverages
established in year 1947. The firm provides flagship juices, reduced sugar and calories along
with calcium fortified juices. Currently the firm want to expand in Somalia, a sovereign country
in Africa with its fruit’s juices. In this report, there will be proper macro environmental analysis
and different modes of entry which be turning out to be profitable for the firm. There will be
proper discussion of market segmentation and targeting of customer in Somalia country with
application of porter’s generics strategy to gains competitive advantage.
PESTLE Analyse
Pestle analysis provides a framework through which macro environment factors of a
market can be analysed. Analysis of these factors helps in identifying and understanding
different opportunities and threats that organisation can experience. Concerned with Tropicana,
company wants to enter into Somalia with its new product that is immunity booster juice. Pestle
analysis of Somalia will help Tropicana company to understand potential opportunities and
threats and what strategies can company make to deal with these (Medinilla, Shiferaw and
Verona, 2019). Pestle Analysis is as follows-
Political
4

End of preview

Want to access all the pages? Upload your documents or become a member.

Related Documents
Strategic Marketing for Tropicana in Somalia
|16
|3760
|1

Individual Management Report
|12
|4310
|109

Strategic Marketing for Rio Tinto in South Africa
|16
|5022
|76

Concept of Market Segmentation & Targeting
|14
|4323
|427

Introducing Young King Coconut Water in Glass Bottles to Egypt by Tropicana Food Products Inc.
|16
|2887
|81

Strategic Marketing for Brake Bros Ltd
|12
|3838
|42