Retail Marketing Mix Analysis: Tesco and Sainsbury's in the UK Market
VerifiedAdded on 2020/06/04
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Essay
AI Summary
This essay provides a comparative analysis of the marketing mix strategies employed by Tesco and Sainsbury's, two prominent supermarkets in the United Kingdom. It examines their approaches to the 4Ps of marketing: product, price, place (distribution), and promotion. The essay highlights Sainsbury's focus on a wide range of products, its need to improve pricing to compete with discount stores, and the importance of developing its online platform. It also discusses Tesco's extensive product line, its low-pricing policy, and its effective promotional campaigns. The analysis emphasizes the significance of online platforms and promotional strategies for both companies to maximize sales and maintain a competitive edge in the market. The essay concludes with recommendations for Sainsbury's to enhance its promotion strategies and invest in online business to improve profitability.
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