MGT03015 Project: Marketing Strategy and Competitive Advantage
VerifiedAdded on 2023/04/23
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Project
AI Summary
This project explores the effect of marketing strategies on a firm's competitive position within the supermarket industry, specifically comparing Tesco and Lidl. The research employs a mixed-methods approach, utilizing both qualitative and quantitative data collection techniques such as questionnaires, interviews, and secondary data analysis from academic sources and company websites. A sample of 30 participants was selected using probability sampling. The study investigates various marketing strategies including product, pricing, distribution, promotion, and physical evidence strategies, and their impact on performance indicators such as profits, sales volume, market share, and customer satisfaction. The research acknowledges limitations related to time, cost, and resources, and concludes that a suitable research method combining primary and secondary data is effective for gathering comprehensive insights. Desklib provides access to similar solved assignments and project reports for students.
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