Preview

conduct marketing audit assessment task 2

Good Essays
Open Document
Open Document
1434 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
conduct marketing audit assessment task 2
Sarto’s gourmet pasta process good information about the market and knows a great deal about the common attributes of our most prized and loyal customers. Sarto’s gourmet pasta will leverage this information to better understand who is served, their specific needs, and how sarto’s can better communicate with them.
External audit
External macro-environmental factors
Economic factors: pasta sales are expected to grow by at least 10% for the next years. One of the reasons for this is the increase in number of hours people are working, which has resulted in more number of people eating out. Based on economic forecasts, the business believes that interest rates are coming down which will creat more disposable income, and therefore, more people eating out. However, based on the Australian Trresury report, current interest rate have been rising incrementally during the year and there has also been a tightening on credit card limits.
Demographic factors
Male and female
Ages 25-50, this is the sagment that makes up 53% of the eugene market according to the Eugene chamber of commerce.
Young professionals who work close to the location
Have attended college and graduate school
An income over $40,000. Eat out several times a week. Trend to patronize higher quality restaurant. Are cognizant about their health.
Technological factors
The restaurant is still taking order via telephone, and has not taken the marketing firms suggestion of converting the take away ordering system to the new internet based technology. Although the staff is competent in their respective jobs, they are not skilled in telephone sales. This information was obtained from a face to face meeting with Rose Ready. Based on focus group conducted it was also found that costumer want to order via the internet, and not be stressed out by the phone system with its delay and difficult to understand accents and noise.
Political or legal factors
An interview was conducted with Mario Sarto who was of

You May Also Find These Documents Helpful

  • Powerful Essays

    Marketing Audit Lite N' Easy

    • 10624 Words
    • 43 Pages

    The audit is a comprehensive analyse of the marketing strategy of Lite n’ Easy. The purpose of this…

    • 10624 Words
    • 43 Pages
    Powerful Essays
  • Satisfactory Essays

    Marketing Review

    • 10272 Words
    • 42 Pages

    1. Strong supplier relations and efficient supply chains help firms such as Walmart to achieve operational excellence.…

    • 10272 Words
    • 42 Pages
    Satisfactory Essays
  • Powerful Essays

    Marketing 3000 Exam 1

    • 1748 Words
    • 7 Pages

    This is a study guide for exam one, which consists of 67 multiple choice questions. This guide is a general framework of questions that will be asked. Please read all textbook material frequently and repeatedly. Please study all presentation slides frequently and repeatedly. Please attend all lecture discussions and take good written and mental notes. The exam assesses the ability to synthesize knowledge and this comprehension requires significant and rigorous preparation. Assume the format for the exam is fill-in-the-blank or short-answer so that preparation is thorough. Please study daily and weekly to retain knowledge. Avoid memorizing a large amount of information at once just before the exam.…

    • 1748 Words
    • 7 Pages
    Powerful Essays
  • Powerful Essays

    * Customer service: The patron will be impressed with the after sales service and guarantees.…

    • 3150 Words
    • 13 Pages
    Powerful Essays
  • Good Essays

    Nestle Contadina Pizza

    • 901 Words
    • 4 Pages

    Pasta sauce – Analysis similar to pasta was conducted; market size was two-thirds of that of pasta…

    • 901 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Porter’s Five Forces relate to the competitive forces and their relative influence in the national chain retail department store industry:…

    • 1441 Words
    • 6 Pages
    Good Essays
  • Powerful Essays

    Tim Hortons

    • 3771 Words
    • 16 Pages

    Broadly, the restaurant industry has benefited from a long term trend towards eating out, driven by a growth in disposable income, a decline in the price difference between dining out and eating at home, and an increase in the number of dual-income and single-parent families. Demand has remained strong in the broad sector, leading to the conclusion that casual dining is less sensitive to economic conditions than previously assumed.…

    • 3771 Words
    • 16 Pages
    Powerful Essays
  • Powerful Essays

    * Age segment that makes up 50% of the Brisbane new and renovated house markets, according to the chamber of commerce…

    • 1405 Words
    • 6 Pages
    Powerful Essays
  • Good Essays

    A number of megatrends have been identified by Datamonitor, a global market analysis firm. These trends concern behavioral changes and shifting spending patterns in such areas as convenience, health issues, age complexity, gender complexity, life-stage complexity, income complexity, individualism, sensory needs, comfort needs, and connectivity. It is important for restaurant owners to be aware of such trends and to consider their potential impact on operations. Listed below are some current trends, followed by challenges that one may extrapolate from them.…

    • 582 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Marketing Research Exam 1

    • 1462 Words
    • 6 Pages

    In order to develop the “right strategy” to succeed in business, managers must make the right decisions; and in order to make the right decisions, they must have objective, accurate, and timely : E. information about market trends and changes.…

    • 1462 Words
    • 6 Pages
    Good Essays
  • Powerful Essays

    Barilla Spa

    • 1630 Words
    • 7 Pages

    Barilla SpA (Barilla), is an Italian manufacturer that sells pasta to retailers largely through third-party distributors. Barilla has been experiencing widely fluctuating demand patterns from these distributors. Such unpredictable patterns are problematic because a specific sequence of pasta production is used that minimizes the incremental changes in kiln temperature in order to keep the changeover costs low and the product quality high. This process makes manufacturing unfortunately unresponsive to changes in anticipated demand.…

    • 1630 Words
    • 7 Pages
    Powerful Essays
  • Powerful Essays

    Manager

    • 3285 Words
    • 14 Pages

    The supply chain of pasta and pasta-related products in Italy was facing significant problems, including excessive inventory levels, high levels of stock-outs, extreme reliance on promotional activities, inefficient logistics operations and poor communication and cooperation between the supply chain participants. The industry had not leveraged technology to improve communication amongst its members, tracking of inventory or demand forecasting. These problems resulted in higher inventory carrying costs, as supply chain members sought to reduce the frequency and magnitude of stock-outs. Furthermore, industry suppliers competed fiercely on price, resulting in extreme peaks in demand during promotional periods.…

    • 3285 Words
    • 14 Pages
    Powerful Essays
  • Satisfactory Essays

    Marketing Assignment: Q&A

    • 666 Words
    • 3 Pages

    1. Visit a Web site for a company that sells products online. Then go to that company's corporate Web site. Compare the company's product sales site with its corporate site. Describe at least 3 differences between them. (1-3 sentences. 3.0 points)…

    • 666 Words
    • 3 Pages
    Satisfactory Essays
  • Satisfactory Essays

    3) Relationship marketing is the development and maintenance of long-term, cost efficient relationships with individual customers, suppliers, employees, and other partners of mutual benefit. It fits into the marketing concept in the form of strategic alliances. Companies realized that there is more benefit to working with suppliers than against, through product development partnerships that involve shared costs for research and development and marketing.…

    • 642 Words
    • 3 Pages
    Satisfactory Essays
  • Powerful Essays

    Marketing Audit

    • 948 Words
    • 4 Pages

    A marketing audit is not unlike a financial audit in that it helps the organisations to examine progress or lack of process towards the goals.…

    • 948 Words
    • 4 Pages
    Powerful Essays