Cadbury's Marketing Plan: A Comprehensive Marketing Overview

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Added on  2023/03/24

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This report outlines a marketing plan for Cadbury, a well-known confectionery firm. It covers key elements such as the company's vision and mission, a situational analysis using SWOT and PEST, segmentation, targeting, and positioning (STP), and the development of a marketing budget and marketing mix. The plan emphasizes the importance of monitoring and execution, highlighting how marketing plays a vital role in a business's growth and success by keeping management informed about market trends and customer demands. The report concludes that effective marketing activities, including advertising, promotion, sales, and public relations, are crucial for organizational success. Desklib provides students with access to similar solved assignments and study tools.
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Marketing Essentials
TASK 4
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CONTENT
INTRODUCTION
Marketing plan of the company
CONCLUSION
REFERENCES
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INTRODUCTION
Marketing is an eminent key factor that lies business success. Within
organisation, most of the aspects of an organisation is depended upon
effective marketing activities. It covers advertising, promotion, sales
and public relations. The presentation will be defined marketing plan
of Cadbury.
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Develop a basic marketing plan
Marketing planning consists optimum allocation of resources in
the best economical way. It gives direction to management what
activities are going to be done. It also involves different policies,
tasks, programmes and budgets.
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Steps of marketing plan
Introduction of the company
Vision and mission of the company
Situational analysis
Segmenting, targeting and positioning
Prepare a marketing budget
Develop a marketing mix
Monitoring and execution of the plan
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Continue..
Introduction of the company - Cadbury is one of the well-known
or famous brand and confectionery firm. Basically, it deals in food
items, like- chocolates, drinking beverages, cookies etc. The
company is produced products for all types of customers.
Vision and mission of the company - The vision statement of the
company is “working together to build up brand that people love”.
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Situational analysis – It is done through SWOT and PEST analysis
so as to examine all internal and external factors of the firm.
Segmenting, targeting and positioning – The STP aids a firm to
classified the market into various area or segments. Marketing
segmentation is based on three factors, such as- geographical,
psycho graphic and demographic areas
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Marketing budget of Cadbury
Particulars Amount
Initial money 15000
Investment 14200
Total 29200
Marketing expenditures
Advertisement 5000
sales promotion 2000
Direct marketing 3000
Total 10000
Available balance 19200
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Develop a marketing mix In order to deliver and perform
effectively in target market.
Prepare an effective marketing strategy.
Monitoring and execution of the plan – After deciding all elements,
managers are executed the plan within overall organisation by
consulting employees.
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CONCLUSION
As per the above discussion, it has been concluded that marketing
plays an eminent role in growth and vitality of every business
entity. It helps management to get aware about current market
trends and customers' demand so as to satisfy them in an
effective manner.
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REFERENCES
Rollins, M., Nickell, D. and Ennis, J., 2014. The impact of economic
downturns on marketing. Journal of Business Research. 67(1). pp.2727-
2731.
Tariq, A., 2013. The effect of market uncertainty and strategic feedback
systems on emergent marketing strategies & performance in Pakistan.
International review of management and business research. 2(3). p.713.
Wirtz, J., 2012. Essentials of services marketing. FT Press.
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