Final Project
Spring 2017
Marketing Channels
NUHA Y. ABUDURRAH MAG327
5/15/2017
Table of Contents
Introduction about the company. a- Brief background 4 b- Type of the organization
Product mix (briefly)…………………………………………………………………………………………………………………..5
The marketing channel strategy
a. Direct or indirect……………………………………………………………………………………………………………………….
B. Channel members Participants………………………………………………………………………………………………...
C. Facilitating agencies……………………………………………………………………………………………………………….6
The marketing channel design
a. Number of levels……………………………………………………………………………………………………………………7
b. Intensity at various levels ……………………………………………………………………………………………………..…
c. The selection process ……………………………………………………………………………………………………………….
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The Social Media Manager, ensure that all the latest offers, Food & Beverage events etc… are regularly posted on social media i.e. Facebook, twitter etc.
Their Marketing Team participates in various Road shows and Tourism events, to ensure directly reaching out to Travel agents and capturing maximum business. Also, they go on Sales Trips to different countries and promote their Hotel.
The marketing channels and product decisions
SMS campaign, active promotion on Social Media, displaying adds in the Hotel lobby and lifts.
Facilitating agency
Facilitating agent/agency, who is not a part of an organization, but helps facilitate the product or service from the manufacturer to the customer. Thus, any organisation which provides services without actually being part of transaction of product is called as facilitating agency. Person who is part of such an agency is called as facilitating agent. Retailer or wholesaler may also act as facilitating agents for some
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- Selling through intermediaries.
- Dual distribution.
- Reverse channels.
How Channel member are selected?
Key Points
- Marketing channels represent the relationship between a producer and the user, usually in the form of a strategic alliance such as a retailer.
- When selecting which marketing channels to pursue, it's useful to understand an organization's target users and their preferences. For example, if it is a technology friendly market it's important to create digital storefronts.
- Some channels will be more costly than others. Considering the overall margins, desired volume, and opportunity costs can give organizations strong strategic reasons to use or not use some channels.
- For organizations that rely heavily on brand, it can be important to select corresponding partner channels. For example, a high end fashion item would want to carefully select channels to maintain brand equity.
- Localization can be enhanced via strategic channel selection. Entering new markets through local retailers can give exposure and localization to a new market.
Distribution Tasks that we performed
Following is an example of Distribution tasks in a company that supplies goods to the
For the business-level, Trader Joe’s adopted a differentiation focus strategy. According to our textbook with this strategy, Trader Joe’s seeks to differentiate in its target market. They rely on providing better service than broad-based competitors. Specifically, they focus on the special needs of the buyer in other segments (Dess, Page 159). Joe’s differentiates its self from other grocers by providing a unique shopping experience fortified with their private label goods and great service from their crew members.
• Focus on service providers near your location. This makes it easy to arrange business meetings and discuss the progress of the work. • Technology plays a critical role in the establishment and management of digital marketing strategies. In short, service providers should focus on agencies which have invested a lot of money in the latest
A direct marketing channel utilizes telemarketing, mail order sales, catalog sales, and forms of online shopping to route products directly to consumers (Lamb, Hair, McDaniel, Pg. 246). In order to use other marketing channels the need for higher production quantities would be presented, for example if you make 100 knives and sell them direct to clients when you are out of stock that is it; contrary when completing transactions through retailers the manufacturing of larger amounts of product must happen first in order to get them distributed to store locations. There is a good chance that the high quality standards that work under the direct channel may suffer in the efforts to mass produce goods. The forever guarantee that is offered by Cutco is top of the line.
6.0 Marketing Strategies There are different marketing strategies which can be applied for each component depending on organizational objectives or goals. Skillshare need to accomplish the precise equilibrium of the marketing mix to achieve its goals. Figure 1: The 4 Ps of Marketing Mix Marketing mix is an arrangement of four choices which should be taken before propelling any new product or service on the market. These variables are otherwise called the 4 P's of marketing. These four variables help the firm in settling on vital choices essential for the smooth running of any product / organization.
Selection methods deal with the candidate’s applications and resumes, interviews, reference checks, background checks, cognitive ability tests, performance tests, and integrity tests (Bateman & Snell, 2013, pp. 185-187). Throughout the selection process on the video, there were two applicants that were interviewed: Jacqueline and Sonya. The three key components that Robert was looking for was business experience, education, and personality qualities.
Segmentation, Targeting and positioning, also known as STP are an essential part in marketing today. This model is important for generating marketing communication strategies and it aids the marketers to prioritize schemes and deliver personalized and pertinent messages to diverse audiences. This approach is audience oriented rather than product focused in terms of communication, which results in conveying appropriate messages to the members who are more commercially appealing. Segmentation benefits the managers in finding out the area on which they have to concentrate on in terms of geography, demographics, social factors or behaviors.
They are intensive, exclusive and selective distribution. Intensive distribution aims to provide saturation coverage of the market using all available outlets. Selective distribution involves a producer using a limited number of outlets in a geographical area. Exclusive distribution is an extreme form of selective distribution in which only one wholesaler, distributor is used in a specific geographical area.
The owners of Sisig sought to be the pioneer Filipino food company by providing unique and memorable customer experience to its clientele. The two individuals, Evan Kidera and Gil Payumo, focused on delivering innovative products and benefitting from a growing customer base. Specifically, being one of the food truck inventors in San Francisco, Senor Sisig had an obligation to revolutionize the sector (Kidera et al., 6). In fact, the decision to operate a unique operational model enabled the company to expand its services from one food truck to current three under its fleet. Through the provision of quality products, Senor Sisig has maximized its returns and continues to be the leading food truck establishment in the Bay Area.
• Many successful brands to pursue. • Advertise its less popular products. • Buy out competition. • More Brand recognition Advantages of coca –cola Market Leadership: Coca-Cola FEMSA is one of the biggest franchise bottler of Coca-Cola trademark beverages in the world, with operations in Mexico, Guatemala, Nicaragua, Costa Rica, Panama, Colombia, Venezuela, Argentina, Brazil and the Philippines. Business partnerships: Coca-Cola FEMSA is cooperating with The Coca-Cola Company to grow more propelled joint plans of action to keep investigating and taking part in new lines of refreshments, expanding existing product offerings and successfully publicizing and advertising our items.
AMITY UNIVERSITY, AMITY SCHOOL OF BUSINESS, NOIDA, UTTAR PRADESH PROJECT REPORT ON: “MARKETING STRATEGIES OF ‘CADBURY’-MONDELEZ INDIA” SUBMITTED TO: DR.SUPRIYA JHA ASB, AMITY UNIVERSITY, NOIDA, UP SUBMITTED BY: ADITI GUPTA BBA – CO7 A3906413041 SUMMER PROJECT REPORT ASB, AMITY UNIVERSITY, NOIDA, UP OBJECTIVES OF STUDY To study about the company’s marketing objectives. To study company’s variety of products. To overview company’s competitors. To study its marketing strategies: communication strategy, distribution strategy and pricing strategy.
This is because customers in actual sense undertake the tasks that would usually be done by the supply side. Figure 5: Pull and Push
Strategic marketing is a broad and practical subject which included the concept of marketing subjects of previous semesters such as business marketing. The study of this subject has contributed to marketing knowledge in many ways, as well as it has strengthened my skills in application of marketing concepts. My knowledge was increased that I was able to develop a complete strategic marketing plan of not only on the part of marketing analysis or strategy of a product or service, but also the whole corporate plan. My skills and capabilities that were developed and integrated during lectures and tutorials include the analytical skills, coordination skills, presentation skills, organization skills, etc.
Most people today, own one at least one technological device which could be one of the access platforms that form online channels the company may apply for their digital marketing to achieve profitability and retention of customers. Chaffey and Ellis-Chadwick (2012) state that a digital marketing strategy is constantly needed to provide a sense of direction for an organization’s online marketing activities so that they integrate with its other marketing activities and support its overall business goals. According to Parise et al.
The research noted that recruitment procedures that provide a large pool of qualified applicants, paired with a
Marketing strategies is a thoughtful analysis of a product and the target market to design a series of strategies focusing on the competencies while ensuring to overcome the weaknesses of the product. The core purpose behind devising marketing strategies for any product is to fulfil the marketing objectives or goals set by the organization for the promotion and sales of a product. Chanel is one of a kind brand which every individual is aware of. A high end line of beauty products particularly their perfumes have made the brand spark in the cosmetic industry. The reasons for such high popularity of the product besides the high quality, is the effective marketing of the product.