Vodafone's Marketing Mix: 8Ps Analysis & Strategic Evaluation 2019

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This presentation evaluates Vodafone's marketing strategy, focusing on the segmentation, targeting, and positioning model, and the 8Ps of the marketing mix: product, price, promotion, place, people, process, physical evidence and partnership. It examines how Vodafone segments its market based on income, age, service usage, customer nature, service tenure, and geographical conditions, and targets middle- to high-income groups seeking high-quality data and voice services. The analysis covers Vodafone's pricing strategies, promotional activities including the use of Zoo Zoos ads, and its distribution channels through company-owned stores. The presentation also discusses Vodafone's partnerships with companies like Dell EMC and Cisco, and its corporate social responsibility initiatives, including promoting diversity, ethical behavior, and environmental sustainability, highlighting how these efforts affect its marketing and customer perception. Desklib offers comprehensive study tools, including similar presentations and solved assignments.
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Marketing
strategies
VODAFONE
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About Vodafone
Vodafone is the acronym of Voice
Data Fone
Vodafone is the largest mobile
telecommunication network company
of the world which is also the third
largest telecommunication
Corporation in Britain
This company is the largest in all over
the world in terms of revenue which is
4,657.1 billion EUR (Forbes, 2019).
This UK based company has been
operating in the world for more than
30 years (Vodafone.com, 2019).
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Marketing strategies
Segmentation targeting and positioning model is a strategic
approach in the modern marketing.
It identifies bases for segmentation and determine all the
important characteristics of every market segment.
The market targeting evaluates potential as well as commercial
attractiveness of every segments and select one and more
segments to explore
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Marketing strategies: segmenting
Vodafone segments the market of the world on the
basis of following categories-
Income and age
Service usage
Nature of customer
Service usage
Nature of customer
Service tenure
Geographical conditions (Webb, 2013)
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Marketing strategies: Targeting
Vodafone mainly targets
the marketing strategy
for the customers living in
the small or large towns
to the middle- or high-
income groups of
population
It targets to the
customers who prefer to
use high quality data
service and uninterrupted
voice calling facility to
stay connected with
friends, family and
business
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Marketing strategies: Positioning
The company has an excellent tagline which says whenever you
go, our network follows”.
It announces its visibility through sponsorship in various Sports
arenas
The advertisement character named zoo zoos help it to enhance
its popularity in the Global market
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Marketing mix
Products
Vodafone has offered an extensive range
of tariffs that target various customer
segments (Vodafone.com, 2019).
The product variation includes
smartphones, branded phones, handsets,
voice call and messaging services,
internet services and value-added
services.
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Marketing mix Price
The company provides both the prepaid
and post-paid plans of high and low
budget.
Vodafone has entered the internet
business offering 4G internet rates.
It introduces reward points in the pricing
strategy which the customers gain on
spending a particular voucher or the data
bundles.
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Marketing mix
Promotion:
Promotions
Vodafone has utilised the local
names to enhance recognition and
contrasts from the local customers
in different market.
Ads appear in TV commercials,
billboards and the social media
platforms so that more people can
see them.
Zoo Zoos ads are the best and most
popular brand ambassador of
Vodafone
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Marketing mix
Places:
In the worldwide market, the
company has located its own
stores.
In these stores, the customers
visit to see or buy products and
services or to take the benefits
of warranty on the products.
Vodafone has headquarters in
the most important business
cities of that country
In the rural area also, Vodafone
stores can be found so is the
market penetration globally
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Marketing mix
People:
Vodafone as operating in
the service industry of the
world, that involves high
level of people in directions.
The employees get proper
training, IT support and
personal development
processes.
It also has good connection
with the intermediaries like
independent retailers and
agents.
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Marketing mix
Process:
The processes of Vodafone are customer friendly.
In case of Vodafone, the speed of internet data,
uninterrupted voice call and accuracy of other
services need to have great importance.
It uses the process of data warehousing
management along with mining
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Marketing mix
Physical evidence:
Vodafone’s physical evidence includes
Reports
Different tangibles like extra talk time and the attractive offers to
the customers
Signage
Punch lines
Employees dress codes.
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Marketing mix Partnership:
For cloud and hosting, the company has partnered with
Dell EMC, Cisco and Huawei and Hewlett Packard
Enterprise.
For connectivity, the company has partner with Google,
Cisco ad Microsoft that provides greater value and
helps in evolution of a digital workplace.
For security, Vodafone has partnered with Fortinet,
Zscaler, BAE Systems which help the company to get
the security from constantly evolving cyber threats.
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CSR affecting marketing
The companies aim to connect a purchase with something which is seen as a
nonessential and larger than a mere purchase of product (Andreu, Casado-
Díaz & Mattila, 2015).
For this they serve corporate social responsibilities which enables the
customers to have an easier way to validate their purchase.
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CSR affecting marketing
Corporate social responsibility in Vodafone creates a positive
feeling which relates to the social approval and self-respect.
Vodafone has aimed to have a sustainable business that
promotes
diversity and equity
energy and environment transparency
ethical behaviour
scope for developing skills as well as jobs for the young
generation (N.vodafone.ie, 2019).
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References
Forbes. (2019). Vodafone on the Forbes Global 2000 List.
Retrieved from
https://www.forbes.com/companies/vodafone/#36b5f5c27dfb
N.vodafone.ie. (2019). CSR. Retrieved from
https://n.vodafone.ie/aboutus/csr.html
Vodafone.com. (2019). Our Partnerships. Retrieved from
https://www.vodafone.com/business/why-vodafone/our-partnershi
ps
Webb, N. (2013). Vodafone puts mobility at the heart of business
strategy: Transformation improves performance of employees
and organization as a whole. Human Resource Management
International Digest, 21(1), 5-8.
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