Strategic Marketing Plan for Luxury Food Range in Supermarket Chain
VerifiedAdded on 2022/11/21
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This marketing plan assignment focuses on launching a new luxury food range within a selected supermarket chain. It begins by defining marketing and introducing the chosen supermarket, detailing its marketing activities, corporate objectives, mission, and vision. The plan applies PESTEL, 5Cs, and SWOT models to analyze the supermarket's internal and external environment. It also explores inter-departmental coordination. Introducing the new luxury food product with SMART objectives, the plan supports its choice with market research, segmentation, targeting, and positioning strategies. The marketing mix (7Ps) is developed, marketing tactics are suggested, and performance metrics like ROMI and CLV are identified. The assignment includes a media plan with three ad campaigns blending offline and online media, budgeting techniques, and a suggested structure including a front sheet, title page, table of contents, introduction, main body, and references. Desklib provides access to similar solved assignments and past papers for students.
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