Analyzing Tesco's Promotion Strategy: A Deep Dive into Marketing Mix
VerifiedAdded on 2023/06/08
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Report
AI Summary
This report examines Tesco's promotional strategies within its marketing mix, focusing on how the company utilizes various tools to reach its target market. The report highlights the importance of promotion as one of the 4Ps of marketing, detailing how Tesco employs social media marketing, direct marketing, and public relations to generate brand awareness and foster customer loyalty. Social media platforms like Facebook and Instagram are used to disseminate information about products, brands, and special offers. Direct marketing involves using channels like hoardings, TV, and charitable events to promote discounts. Public relations efforts aim to enhance the brand's value by fostering positive customer experiences. The report concludes that these promotional tools are essential for Tesco to capture a larger customer base and increase its market share.