MGT 815 - Strategic Marketing Case Study: Organic Solution Analysis

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Added on  2022/09/14

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This report presents a strategic marketing case study of Organic Solution, a brand offering organic products. It analyzes the company's competitive advantages, emphasizing innovation, expertise, and competitor monitoring. The report explores strategies for retaining this advantage, including strategic marketing and the use of digital marketing for global expansion. It evaluates the effectiveness of strategic alliances and the opportunities and threats posed by the digitally networked world, focusing on digital marketing's role in reaching a wider audience and building brand reputation. The report concludes with a discussion of the benefits of digital marketing and strategic alliances for Organic Solution's growth and success.
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STRATEGIC
MARKETING
Case of Organic Solution
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Introduction
Organic Solution is a brand that offers organic
products
The company has been quite successful in
delivering quality products and gaining competitive
advantage
Organic Solution is planning to expand into global
market
The presentation aims in discussing process of
maintaining competitive advantage and the
process in which digital marketing can contribute to
its expansion in global market.
The effectiveness of strategic alliance for the case
of Organic Solution is further evaluated in the
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Analysis of Appropriate
Strategy for Organic Solutions
Competitive advantage is significant need for a
company’s growth as it differentiates a particular
company the companies offering similar products
(Wang, 2014).
The competitive advantage of Organic Solution lies
in their product
The cost of the organic products sold by OS is
reasonable and therefore its products are popular
beyond the niche market
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Strategies for Retaining
Competitive Advantage
Innovation: Organic
Solution offers
household necessities
and is a household
brand. However, it may
not meet the needs of
the global consumers
and therefore,
innovation is a key
strategy for retaining
the competitive
advantage
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Strategies for Retaining
Competitive Advantage (cont..)
Investing more on
the Area of
Expertise: The
laundry detergent is
the area of expertise
for organic solution
and the strategy is to
improve this product
further to maintain
the competitive
position
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Strategies for Retaining
Competitive Advantage (cont..)
Close Monitoring
of the
Competitors: This is
another strategy that
Organic Solutions
needs to adhere to
maintain competitive
advantage.
Close monitoring of
the competitors will
enable easier
identification of the
strengths and
weaknesses
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Strategies for Retaining
Competitive Advantage (cont..)
Strategic Marketing:
Strategic marketing is
necessary to be
considered for Organic
solution to maintain
competitive advantage
(Euchner & Ganguly,
2014)
Strategic Marketing
further enables a
company to provide a
detailed idea of the
product to the consumers.
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Evaluation of Effectiveness of
Strategic Alliances
Strategic alliance can be described as an
arrangement between two companies to
undertaken a mutually beneficial project along with
retaining its independence.
Strategic alliance is considerably less complex and
less binding in comparison to a joint venture
(Išoraitė, 2014).
It is recommended for Organic Solution to enter
into a strategic alliance to make it global expansion
successful
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Evaluation of Effectiveness of
Strategic Alliances (cont..)
Strategic alliances are
considered for mutual
benefits of both the
partners
Strategic alliances enable
companies to share their
customers, resulting in a
higher business profit
Strategic alliance entail
resource sharing that is
possessed only by one
company (Jiang et al.
2016)
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Evaluation of Effectiveness of
Strategic Alliances (cont..)
A global strategic alliance is requires to be
established in organic solution, considering the fact
that the brand is a household brand and therefore,
support from a domestic brand would be necessary
Strategic alliance is identified to be a competing
global strategy for the brand
Engaging in a strategic alliance is necessary to
receive the needed domestic responsiveness
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Evaluation of the
Threats and
Opportunities
Digital Network and Digital marketing is a
necessary need for global expansion for organic
Solution
Digital marketing is an important consideration for
global expansion as it allows a company to reach a
larger number of audience (Tiago & Veríssimo,
2014).
digital marketing is a part of strategic marketing
process and it can be beneficial for Organic
Solutions to understand the target audience of the
global market
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Threats from Digitally
Networked World for
Marketers
Uncertainty in obtaining
the results is a threat. The
digital marketing strategy
may work well for a
particular brand while it
may not work at all for
some other brand.
Security Issues: Cyber
security threats are
significantly common in
digital network that can
result in data compromise
leading to severe security
vulnerabilities
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