Marketing Essentials Report: Aldi and Asda Marketing Mix and Plan

This report provides a comprehensive analysis of Aldi's marketing strategies, comparing them with those of Asda. The report begins with an introduction to marketing concepts, followed by a detailed comparison of Aldi and Asda's marketing mix, focusing on the 7Ps (Product, Price, Place, Promotion, People, Process, and Physical Evidence). It then delves into Aldi's marketing plan, including an overview of the company, its mission, vision, and objectives. The report further examines Aldi's STP (Segmentation, Targeting, and Positioning) analysis and a SWOT (Strengths, Weaknesses, Opportunities, and Threats) analysis, providing insights into its competitive advantages and challenges. The report concludes with a discussion of Aldi's planned introduction of a new energy drink, "Stayfit Drink", outlining its strategic approach to market entry and positioning. The analysis includes market segmentation, targeting, and positioning, alongside a SWOT analysis to assess the product's potential for success in the market.

MARKETING
ESSENTIALS

Table of Contents
INTRODUCTION 1
1
MAIN BODY. 1
Task 1. 1
Covered in PPT............................................................................................................................1
Task 2. 1
P3. Comparison between the way in which different organisation that implies on marketing
mix planning process to accomplish the objectives....................................................................1
Task 3.. 5
P4. Construct the marketing plan on the basis of organisation . ................................................5
CONCLUSION 10
REFERENCES 11

INTRODUCTION
A concept of Marketing is the procedure in which companies get to promote their product
and services in the marketplace. It is mainly utilise for profit motive where the result is optimised
in terms of short-term needs of those who pay for one time or preparing the product placement in
market. The objective is having of every marketer in organisation to promote product as creating
the awareness among customer through which they can buy to fulfil their needs and wants.
In this following report to selecting the organisation as Aldi, is the common brand in two
German family owned discounted supermarket chains with over 10,000 stores in 20 countries
and having estimated of turnover of 50 billion Euros. This chain was established by brother Karl
and Theo Albrecht in 1946. The expected revenue is generates 53 billions Euro as well as the
total number of Aldi company existence in 11,235 all over world. The report have discussed
about the topic various roles and responsibility of the marketing function in marketing
environment through significant department in the organisation. It is also covers 7P's of
marketing and proper marketing plan on the basis of selected organisation.
MAIN BODY.
Task 1.
Covered in PPT.
Task 2.
P3. Comparison between the way in which different organisation that implies on marketing mix
planning process to accomplish the objectives.
The term Marketing mix is defines about set of actions or strategic plans that companies
usually advertise or promotes its brand or product in the market (Hanlon., 2019). To evaluate the
marketing mix of any organisation it demonstrate through 7P's that derives product, price, place
promotion, people, process and physical evidence that explains the overall specification. In this
part the differentiate of two retailer companies of their 7P's marketing mix to properly evaluate
as per according to their performances and stability power (Henríquez., 2018). The companies
which has opted Aldi Company and Asda plc venture for comparison marketing mix:

Basic Aldi Company Asda plc Company
Product The type of product which
manufacture by Aldi are easily
affordable in terms of groceries, food
product and other items. These
products are similar brand and they
have control over the manufacturing as
they owns suppliers who produced the
quality product on the basis of
company's guidelines (Lu, Poon. and
Weng, 2018). Apart from food product
Aldi also having beverages, fresh
fruits and vegetables, health and
electronic items which manufacture.
As somewhere Aldi vision is to
approach non food product items
introduced to explore the competitive
market.
Asda is one of the leading retailer
brand value as per the wide range of
product in different criteria food
beverages, groceries, beauty and
health care and others. The company
also provides door to door service
by merchandise of 30,000 products
in largest of its stores to their
customer. Asda into retail stores but
also they available their product in
online platform.
Price As Aldi has high customer base due to
provide the product in economic range
and quality, where they offers their
own brand products which are easily
affordable and similar product are
deliver by competitors but Aldi's
having more reliable. They implies the
price strategy in groceries through
which customer can easily compare.
By following the market penetration
Aldi charges the less prices in new
products so, company can get enter in
The revenue and the operating
incomes at 21,666 millions pounds
and 791.7 million at the year of
2016. As company has targeted
middle class families because the
range of product is having low
quality (Malhotra, 2018). Asda
having wide range of product
information where they adopted for
the economic range of reasonable
pricing strategy which attract to the
customer in larger scale. After that

the competitive market and gain high
market share.
promotional strategy in pricing and
offers several incentives and
discounts particular days for
example in festive seasons like
Christmas and Easter that increase
the scope for more sales
optimisation.
Place The Aldi group is having more than
8000 stores in different 18 locations
and stores gets open in weekly in
United Kingdom (McCabe and
Weaver, 2019.). They maintain overall
products in bulk from various
suppliers and stores at warehouses to
make sure the quality of product. To
making ensure about the wastage
material that turns to disposal at the
time of transportation of products that
utilised for friendly equipment in its
stores.
The presence of Asda Stores in giant
retailer in its headquarter which is
based in Leeds at Yorkshire. At
1970s the company was following a
rapid expansion plan which involves
in stores as in every part United
kingdom. Their stores are existed in
globally and some of the places
where Asda having small street
stores such as Patchway, Livingston,
and Eastland. It average stores is
20% bigger than any of its
competitors where they usually open
small stores in near by streets.
Promotion The promotional activities that under
its marketing mix strategy by
admitting it to be known as cost saving
strategy where Aldi invests negligible
amount for promoting marketing in
Germany. They usually promotes their
product in digital media platform,
holdings, banners etc. Aldi also uses
the E-mail messages where they
Asda team strongly believes that to
attain the success by aggressive
marketing policy. They having
attractive promotional activity
where consumer get attracted in
sources of television, internet, radio
etc. by enhancing to offer the
discounts and other price reduction
(Mghebrishvili, 2018). Asda

inform all its customer about the
special buys and new products
(Nikiforova., 2018). Therefore, a
mixture of Above the line and below
the line that describes promotional
strategy which is assort by Aldi.
approach celebrity for promotes and
endorse their product. Different
strategy apply through marketing
team of Asda to promote a product
just like digital marketing , internet
and digital holding or banners for
making customer aware.
People There is systematic layout is designed
where every product specification is
elaborated within proper section
divided. This is why Aldi having low
interaction within the customer
(Perreault., 2018). They basically hire
some efficient staffs who having high
power of decision making. Productive
skills to effectively accomplish the
task to the new employees . The
current situation Aldi is having more
than 5000 employees.
In Asda total number of employees
145,000 people working in all over
branches. The company generally
offer on the job and off the job
training to develop the employees at
all level. At the time of hiring,
human resource department of Asda
they set the criteria to select the
employees by measuring their
capabilities in situational based.
Process The Layout of Aldi's product is very
easy to understandable where they
generally selects the customer services
that reduces the Aldi assist the
customer. Aldi keeps their limited
number of high quality of that is
prevented by the customer from not
getting confused.
The process of Asda tend to set
activities through which they
performed in order to accomplish
something (Poleschuk., 2019). The
supplier and production staffs make
sure about the utilisation of raw
material must be authentic and
smooth way.
Physical
Evidence
Aldi is well known brand for
eliminates the business processes,
authorisation, standardisation is having
The physical of elements that
having strong evidence where many
visitor and people used to come on

and global price. They provides 30%
cheaper that not provided by its other
competitor.
festive and internet usable websites.
Task 3..
P4. Construct the marketing plan on the basis of organisation .
The description of marketing plan is the part of overall business where it helps to formed
effective source of business strategy plan. This is an operational document that outlines an
advertising strategy which organisation helps to generates the leads that helps to reach the targets
as well as accomplish overall objective which driven to execute the plan successfully. Different
companies having different way to formulate and implement the strategy framework (Šedík and
et. al., 2018). As ever marketing plan is require the proper research in terms of budget, resources,
data, competition in the market availability. Similarly, for Aldi company their marketing manger
has prepare the effective plan where they are planning to introduce new Energy Drinks which
effectively commence by the Aldi venture. The name of the brand is “Stayfit Drink”.
Overview of the Company
The Aldi company is German based retailer company which is deal with home products,
food beverages and groceries where they offer discounted supermarket chain with over 10,000
stores in 20 countries. Aldi is German operations which consists Aldi Nord's 35 individual
regional companies with about 2,500 stores western, northern and eastern Germany. They have
cover 11,235 stores in international such as Denmark, United kingdom, United States of America
, Poland, China and other where 1600 stores opened between 2017 (Solimun and Fernandes,
2018). In following there is Mission, Vision and Objective on the basis of new invasion basis.
Mission: The mission statement is reflects is “to continually set the standard for food
retailing and to further expand the market position of the Aldi North group”.
• Improvising the quality
• Expanding the market position.

Vision: The vision statement is derives that to enable Australian shoppers to live richer
lives for less. Through further the statement reveals the ultimate achievement where supermarket
works so effectively for better experiences.
Objectives: To make the people's health more active and fit through Stayfit Energy Drink.
STP Analysis
• Market Segmentation: According to this process of segregating a market into smaller
group with similar product where it helps to make identifies the nature, characteristics.
All these criteria supports to selection of appropriate target market. As for Aldi, they have
to divided their product introduced in that market through customer behaviour on
beverages product. After that they need to keep their price low for attain more share from
competitive market (Sumarwan., 2019). Aldi has many option to select the market in
form of demographic, geographic, psychological and behavioural and interpret their
selective market.
• Targeting: In this market it specifies the niche marketing. This helps to focuses to the
customer or by opting those people from the market who are suitable for this product .
Therefore, Aldi has approached their customer for Stayfit Energy Drink through 20-35
age peoples and middle class customer as they can easily afford.
• Positioning: Through this factor, it helps to makes for better understanding about product
, in other words positing in market is derives about the ranking or product stand in
market. As Energy Drink which is introduced by the Aldi can reach towards the optimum
successive level. As the product could be compare with high competitor level like
Waitrose, Tesco, Asda and Sainsbury.
Swot Analysation: It is strategic planning that used as technique to helps a individual in
organisation to identify strength, weakness, opportunities and threats which is related to the
business competition or project planning. Similarly, there is Swot analysation is describes of Aldi
Company in given below:
STRENGTH WEAKNESS
• Aldi is having high market share where
more customer has been approached
• As they provide low product cost so
they could attain profit margin which it

product of Aldi.
• Prices of the product is very flexible
and affordable , by offering discounts
that makes increase the stability of Aldi
in competitive market. There is a
reason of company long term
sustainability is that they provide
quality product in low prices (Thabit.
and Raewf, 2018).
• Discount stores like Aldi pursue their
biggest and strong advantages is their
product mix which is ample of quantity.
Aldi has manufactured all type of
product trait weather it could be beauty,
beverages, food related like fruits,
vegetables, bakery and others, health
care and household products.
• They having effective team of
marketing promotion that boosts their
productivity in competitive market.
creates direct impact on the sales
volume.
• There is high requirement of productive
in order to survive in the market. Their
employees some time need to work in
double shifts that create dissatisfaction
in job.
• By having poor penetration preferred
shopping place mostly for low and
medium income group. Some how it is
rare to find high income group in Aldi.
OPPORTUNITY THREAT
• Aldi should presumes for customer
preference as there is high level of
advantages where customer are willing
to pay premium for some product and
services which comes in high discount
range.
• Due to having other substitution
companies whose having similar
product range like Asda Stores, Tesco,
Walmart they had captured market with
high potential of stability in market.
Monitoring and Controlling:

According to this method, it assess all over task which are involved in new product as
well as which is essential to evaluated (Gupta and Nair., 2020). To mapping the growth or
performance of new task which company has invested their capital is generating expected
outcomes or not, while controlling is utilised to handle the measure to reduces the uncertainty
and barriers that would help to increase the performance. Similarly, the Aldi company approach
the monitoring and controlling to mapping their new product venture along with expected high
outcomes performances risks (Nikiforova., 2018). Somehow, it helps to predicting the profit
accomplishment as per the examine the previous profit and loss statement.
Marketing plan for new product of Aldi company “Stayfit Energy”
For making effective marketing plan of Aldi company new product which they planning
execute in competitive market. By examine the overall strategy and interpret through marketing
mix for predicting the idea that how beverage product can generates high productive in market.
Thus, to evaluate 7ps of marketing of Stayfit Energy Drinks in given below:
Marketing Mix To evaluate the Stayfit Energy Drink product of Aldi company.
Product The product is basically derives about the health base drink which helps to
increase the immunity and it comes under beverages segment. The quality
of product is having assurance by medical health association from
Germany that Aldi has authorised Beverage product effective way.
Price Price is design to make strategy where Aldi will approach their existing
pricing strategy of Unit Pricing, as it stats that company will enhance low
price range. This is implies for easily customer can get afford.
Place The availability of Energy Drink can order by customer through offline
stores, streets shops, Super marts or online platform. As Aldi has planned
to enhance this product internationally.
Promotion To promoting the product Aldi has form a strategy by posting
advertisement, electronic banner in local streets, online platform like social
media and utilise the digital media radio, television for effective awareness
of the product
People Aldi has planned to hire new candidates along with advanced resources

that would helps to increase the work of production rapidly and effectively.
By hiring new candidates as experienced as well as freshers from medical
background where company would generate more manpower to
accomplish the target in less duration of time.
Process They would approach their existing production process while enhancing
new machinery in the production that will increase the manufacturing and
employees mobility (Malhotra., 2018). Aldi has opted for raw material by
testing from medical labs as they have assure about the product healthy
criteria.
Physical Evidence Company is having better goodwill in Germany and other international
countries. The scope of growth is high because Aldi has been always
manufacture their effective product stability in terms of high quality and
quantity.
Evaluation:
From above preparation of marketing plan where the highest growth of Aldi Company is
more than others in perspective of productivity, market share, customer retention and more. The
strength of Aldi is they allows their product to sell to customer in low range where customer get
easily buy and they company also succeed to accomplish their people's needs (Perreault., 2018).
Through Market STP And Swot analysis describes about the company needs to divided their
market, approach the right customer on the basis of nature of product and predict the ranking of
new product in competitive market (Hanlon., 2019). Swot helps to analyse the internal
capabilities of Aldi and it will benefit to their new product in terms of market and customer
behaviour. At last the monitoring and controlling as well structure the 7ps marketing mix derives
to investing the capitalism for mapping the outcomes and reduces the barriers as well as improve
the lacking performances. By reflecting the Seven Ps about the new product Stayfit energy Drink
its nature, performance prediction, overall specification, formation, value etc.

CONCLUSION
In above report of marketing essentials has come to summarised by explains the roles and
responsibility of marketing function as well as in organisational context which is very essential
to organisation that helps to increase the growth in competitive market. By differentiate between
two similar based companies for examine their overall specification and performance through
marketing mix 7Ps that support to guide for accomplish the objectives. After that formulating the
basic strategic marketing plan that highlight mission, vision and objective and further STP
analysis to identify the new product presumes in the market in terms of market selection, target
customer and ranking in competitive market. By design the Seven marketing mix for new
product establishment for mapping the scope of opportunity and implication that helps to attain
successfully competitive advantages.