BBMK605: IGA Australia Aussie Lamington Marketing Presentation

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Added on  2023/04/25

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This presentation analyzes the marketing strategies for IGA Australia's Aussie Lamington. It begins with an introduction to management's role in controlling activities and estimating future actions. The product, Aussie Lamington, is described, including its unique characteristics. The assignment includes a competitor analysis, focusing on Woolworths, Aldi, and Coles. Target segmentation identifies key customer groups, such as children, young adults, and those with stable incomes. Consumer needs and potential problems are addressed, including the needs of customers with diabetes. The presentation covers current brand awareness, message objectives, and strategies like lab tests and surveys to address health concerns. It also discusses advertising tone, mandatories, and concludes with the importance of brand awareness, target segmentation, and clear advertising strategies. References to relevant academic sources are also provided.
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MARKETING OF IGA AUSTRALIA: THE CASE
OF AUSSIE LAMINGTON
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Introduction
Management
effective in terms of
controlling the activities
Helps in estimating the
future courses of actions
Assistance towards creating
advertisements for luring
large number of customers
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PRODUCT
Aussie lamington
Fusion cake made from
butter cake and sponge cake
Coating of chocolate sauce
and desiccated coconut
Distinctive texture
Layer of cream and
strawberry jam
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Competitor analysis
Woolworths
Aldi
Coles
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Target segmentation
According to the product, Aussie
lamington, the target
segmentation would be:
Children
Young adults
Customers with stable income
Customers not suffering from
diseases like diabetes
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Addressing the consumer needs and problems
Customers suffering from diabetes and yet have sweet
cravings
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Current brand awareness
Innovative packaging
Labelling
Social media
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Message objectives and strategies
Objectives
To examine the manufacturing
process of Aussie lamington in IGA
Australia
To assess the health policies
developed by IGA Australia to satisfy
the specific tastes and preferences
of the customers suffering from
diabetes
Strategies
Conducting lab tests for regulating
and controlling the sugar contents
in the sweets
Conducting surveys regarding the
health history of the customers
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Tone of advertising
Convincing
Alluring
Sympathetic
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Mandatories for advertising
Proper and clear logo
Brand ambassador
Media
Legislations
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Conclusion
Brand awareness is crucial for IGA
Australia in terms of reaching to large
number of customers
Target segmentation is assistance
towards increasing the sales revenue
and profit margin
Clear logo, packaging and labeling is a
direct form of advertising products like
Aussie lamington to the cust0mers
Strategies of lab tests and preparing
health reports would fulfill the
objective of catering to the health
needs of the customers
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References
Amaldoss, W., Jerath, K. and Sayedi, A., 2015. Keyword management costs and “broad match” in
sponsored search advertising. Marketing Science, 35(2), pp.259-274.
Andrews, J.C. and Shimp, T.A., 2017. Advertising, promotion, and other aspects of integrated
marketing communications. Nelson Education.
De Giovanni, P., Karray, S. and Martín-Herrán, G., 2019. Vendor Management Inventory with
consignment contracts and the benefits of cooperative advertising. European Journal of Operational
Research, 272(2), pp.465-480.
De Mooij, M., 2018. Global marketing and advertising: Understanding cultural paradoxes. SAGE
Publications Limited.
Hackley, C. and Hackley, R.A., 2017. Advertising and promotion. Sage.
Iga.com.au 2019. Independent grocers for Australia. Available at: https://www.iga.com.au/ [Accessed
on 29th Jan 2019]
Jugenheimer, D.W., Sheehan, K. and Kelley, L.D., 2015. Advertising media planning: a brand
management approach. Routledge.
Munnukka, J., Uusitalo, O. and Toivonen, H., 2016. Credibility of a peer endorser and advertising
effectiveness. Journal of Consumer Marketing, 33(3), pp.182-192.
Onkvisit, S. and Shaw, J.J., 2017. The ‘glocalization’of product and advertising strategies. Strategic
International Marketing: An Advanced Perspective, p.23.
Percy, L. and Elliott, R.H., 2016. Strategic advertising management. Oxford University Press.
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