BIZ101 Business Communication Presentation: Lion Nathan Analysis

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BUSINESS
COMMUNICATION
LION NATHAN
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INTRODUCTION
The aim of this presentation is to discuss the
efficiency of communication in surviving in
the highly competitive market.
Lion Nathan is a reputed food and beverage
company, situated in Australia.
This company needs to use effective
communication strategy such as technology
in communicating with the customers.
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EFFECT OF GLOBALISATION
After the globalisation the marketing strategies
of the business has changed completely.
With changing trend of marketing, the
demands of the customers have changed
hugely.
Globalization has led to face some challenges
developed in the field of the market as it is
reaching to the consumers more effectively.
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EFFECT OF GLOBALISATION ON THE
COMPANY
Initially globalization had a good impact on the company named Lion Nathan.
It was seen that the organization was doing well in the market but gradually
developed some problem.
The effect of globalization is both positive as well as negative for the
company.
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POSITIVE EFFECT OF GLOBALISATION ON
THE COMPANY
The positive impact of globalisation on the operation of the
company include increase customers base.
Lion Nathan started to gain more opportunities for marketing
which increased its market size and recognition.
It started to expand the business outside of Australia.
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NEGATIVE EFFECT OF GLOBALISATION ON
THE COMPANY
Globalization has changed the structure of business
operations and the techniques for reaching the
consumers.
With different consumer behavior, production of the
products according to the requirement of the consumers
has become problematic
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RECOMMENDATION
Lion Nathan must utilise the
most important factor of
globalisation that is the
advancement of technology.
The company must be using
different kinds of media like
social media platform and
other digital media for the
promotion of the products.
It can provide information of
menus and offers through
social media or websites of
the company.
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RECOMMENDATION
The company needs to bring changes in the types of the products
It must improvise the products according to the demand of the
consumers
With changing lifestyle and preferences new menu must be added
so that people from different places or different choices get
options for food
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RECOMMENDATION
The company can indulge in the mobile marketing
to the people who do not have social media or
internet.
Lion Nathan can use text messages to send to its
already existing customers special coupons as well
as deals on a marketing list.
Through phone calls the orders can be taken or
booking of tables in the restaurant can be done.
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RECOMMENDATION
The company can use the digital signage
that has become a trend in the
companies.
This may allow the organisation to
capture the precious attention of the
customers and market specific products.
This method is helpful for restaurants or
any type of organization and this may
help to respond to changes in inventory
and introduce new offerings easily.
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CONCLUSION
Therefore, it can be concluded that globalisation has
changed the marketing procedures in various ways.
It has affected Lion Nathan in many ways both
positively as well as negatively.
The company has initiated to employ social media
for marketing.
It needs to change or improvise the products
according to the demand of the consumers.
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REFERENCES
Kannan, P. K. (2017). Digital marketing: A framework, review and research
agenda. International Journal of Research in Marketing, 34(1), 22-45. retrieved
fromhttps://www.sciencedirect.com/science/article/abs/pii/S0167811616301550.
Leeflang, P. S., Verhoef, P. C., Dahlström, P., & Freundt, T. (2014). Challenges and
solutions for marketing in a digital era. European management journal, 32(1), 1-
12.
Ryan, D. (2016). Understanding digital marketing: marketing strategies for
engaging the digital generation. Kogan Page Publishers. Retrieved from
https://www.sciencedirect.com/science/article/pii/S0263237313001576.
Tiago, M. T. P. M. B., & Veríssimo, J. M. C. (2014). Digital marketing and social
media: Why bother?. Business Horizons, 57(6), 703-708. retrieved from
https://www.sciencedirect.com/science/article/pii/S0007681314000949.
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