Preview

P1 Unit 9 Business Analysis

Good Essays
Open Document
Open Document
794 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
P1 Unit 9 Business Analysis
Unit 9 P1: Describe the promotional mix used by two selected organisations for a selected product/service.

Promotional mix for Tesco

The promotional mix of a business is how a business attempts to communicate with various target audiences and is a key element in the overall marketing mix.

Advertising:

Tesco advertise there meal deal effectively, they can advertise their product through commercials, posters, leaflets and billboards, which are all effective in getting the message of their product to their customers, but it isn’t the quantity of advertisement that makes the Meal deal effective, the quality of it instead. Tesco advertise the meal deal with a short catchphrase “Buy any of these for £3” which is simple and straight to the point. Advertising is one of the key parts of a promotional mix and is the
…show more content…
Activities can include organising conferences, open days etc, however this activity is not particularly used with the Meal deal at Tesco.

Direct marketing:

Direct marketing is used by Tesco to market their meal deal by using a wide range of consumer and business markets. A clear example of how Tesco achieve this is using e-mails and letters, which are sent to customers with the advertised product. Tesco can use direct marketing by specifically targeting the target audience of meal deal – perhaps people at work as they would be able to get a meal deal at lunch break.

Sponsorships:

Sponsorships are where organisations such as Tesco pay to be associated with a cause. This is evident in Tesco with the Marie Curie Campaign, in which 5% of profit would go to the fight for cancer campaign, which helps Tesco with marketing because people will want to become involved, which means more people will be buying from Tesco.

Promotional mix for National Health Service

You May Also Find These Documents Helpful

  • Better Essays

    The promotional mix is the techniques firms use in order to communicate their messages to their target market. There are six elements the promotional mix consists of which are; advertising, personal selling, sales promotions, public relations, direct marketing and sponsorship.…

    • 1631 Words
    • 7 Pages
    Better Essays
  • Satisfactory Essays

    Club Card Tesco have a scheme where customers sign up to a club card providing their information, from these customers can build up points which they can pay for items, Tesco can use this information to create a database and send direct mail and emails to customers. The club card shows what customers are buying so Tesco can send offers to customers on items they frequently buy. Tesco can look at selling patterns to perform direct mail, with offers or money off weekly shops.…

    • 474 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Tesco use streaming media by this term I mean using adverts that Tesco produce and display on platforms such as YouTube which allows Tesco to literally put ‘’any’’ message in front of a global audience. All the company needs is a script, a computer and a good quality camera to record their adverts, if Tesco does this then the message that they are trying to get across can be…

    • 494 Words
    • 2 Pages
    Good Essays
  • Satisfactory Essays

    One main threat that could jeopardize Uni-Select’s success as a company is lack of financial capacity because as mentioned earlier, their business units are rather small. Another one is lower profitability, which can easily happen due to the necessary but costly investments. With the net earning of 50,125 in the operating results in 2014 turning into a net loss of (40.22 million dollars) in 2015, the business’s financial position can easily be threatened if the earnings are not enough to sustain the costs. Furthermore, Uni-Select’s financial position can be hindered by increasing rates of interest or interest fluctuation. Also mentioned in the annual report of Uni-select are threats associated with the economy such as inflation, threats associated…

    • 147 Words
    • 1 Page
    Satisfactory Essays
  • Powerful Essays

    P1 Unit 4 Business Research

    • 2470 Words
    • 10 Pages

    Create a plan for the collection of primary and secondary data for a given business problem-p1…

    • 2470 Words
    • 10 Pages
    Powerful Essays
  • Satisfactory Essays

    unit 1

    • 318 Words
    • 2 Pages

    The purpose of this business (Tesco) is to provide the public with quality food and groceries as well as making money and being the number retailing company out of 3 (Tesco, Sainsbury’s, Asda ).…

    • 318 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    The Tesco website also makes them successful. Its separate to the stores but it allows customers to buy Tesco products online and have them delivered to their house. This gets them more customers because people who cannot go to the stores are still buying their products online. A lot of people have an internet connection so it’s an easy way for Tesco to sell their products. Tesco also have an iPhone app which is also successful and giving Tesco a bigger market. Tesco also have their own Facebook page where they update their cheaper products.…

    • 1985 Words
    • 8 Pages
    Powerful Essays
  • Satisfactory Essays

    A similarity of Tesco and River island’s marketing techniques is that they both use TV, newspapers and magazines advertising at regular intervals. One of the benefits of TV advertising is that it has an ability to communicate with a very large audience; TV ads are good to attract attention, create awareness and establish preference for products. Businesses are better able to reach targeted audiences by purchasing ad spots during shows their intended demographic is likely to be…

    • 78 Words
    • 1 Page
    Satisfactory Essays
  • Satisfactory Essays

    The promotional mix is one of the 4 P’s, businesses such as John Lewis and Cadbury’s use it to achieve their goals for their organisation. The promotional mix consists of advertising; advertising is used to persuade consumers to buy a certain product, companies use the TV, online AD’s, billboards, etc. to advertise their products. Personal selling is used to promote a product…

    • 271 Words
    • 2 Pages
    Satisfactory Essays
  • Better Essays

    Business Analysis

    • 2752 Words
    • 12 Pages

    A company has developed a new computer sound card whose average lifetime is unknown. In order to estimate this average, 200 sound cards are randomly selected from a large production line and tested; their average lifetime is found to be 5 years. The 200 sound cards represent a:…

    • 2752 Words
    • 12 Pages
    Better Essays
  • Satisfactory Essays

    Harvey Norman Analysis

    • 732 Words
    • 3 Pages

    Background:The purpose of this report is to help the student get a understanding of hold different marketing techniques are used in everyday situations through different forms of advertising campaigns. The purpose of this is to reinforce the knowledge the student has acquired in class. The company that will be subject of this report is Harvey Norman Holdings Limited.…

    • 732 Words
    • 3 Pages
    Satisfactory Essays
  • Better Essays

    Tesco Corporate Strategy

    • 913 Words
    • 4 Pages

    • An "inclusive offer". This phrase is used by Tesco to describe itsaspiration to appeal to upper, medium and low income customers in the McCarthy, "They've pulled off a trick that I'm not aware of any other retailer achieving. That is to appeal to all segments of the market" [1]. By contrast ASDA's marketing strategy is focused heavily on value for money, which can undermine its appeal to upmarket customers even though it actually sells a wide range of upmarket products. During its long term dominance of the supermarket sector Sainsbury's retained an image as a high-priced middle class supermarket which considered itself to have such a wide lead on quality that it did not need to compete on price, and was indifferent to attracting lower-income customers into its stores. This strategy has been adandoned since losing the no.1 spot to Tesco and particularly since the arrival of Justin King as CEO in 2004 who has established a new customer-focused strategy closer to that of Tesco.…

    • 913 Words
    • 4 Pages
    Better Essays
  • Good Essays

    Marketing Channels

    • 1482 Words
    • 6 Pages

    When a company is designing is promotional program, or the manner it wishes to get information about its product to consumers, it has numerous factors and stakeholders to involve. Walk into any grocery store chain or look at any number of weekly advertisements and you will be able to see the same product advertised in numerous ways across numerous vendors. These various ways of advertising the same product across multiple vendors can also be referred to as a promotional mix. A promotional mix can be described as the blend of personal selling, advertising, direct marketing, sales promotion, and public relations a company uses to reach potential customers. (Excellence in Business; Bovée, Thill, Mescon; p. 487)…

    • 1482 Words
    • 6 Pages
    Good Essays
  • Good Essays

    Price Campaigns like the Big drop Campaign introduced in 2011 to cut prices across thousands of products, helps in marketing Tesco’s products.…

    • 419 Words
    • 2 Pages
    Good Essays
  • Better Essays

    Success of Tesco

    • 1352 Words
    • 6 Pages

    Tesco has one of the most advanced secondary research systems in consumer understanding with its Clubcard. It allows Tesco to see what sort of products each individual customer shopping profile, if they keep missing off essentials it is likely the customer is going elsewhere to buy that product, so Tesco can aim a promotion to that specific customer to make them buy that essential item. The Clubcard has helped Tesco’s marketing by allowing these tailored marketing campaigns to individual consumers and target groups. It has also helped to build loyalty with is a points system where you get 1 point for every £1 you spend. These points can be exchanged for vouchers that can be spent in store or ion Tesco petrol stations. In order to keep the Clubcard from fading out Tesco have made a free Wi-Fi service available in more than 200 Tesco Extra stores around the country. The service, powered by O2 Wi-Fi hotspots, allows Tesco Clubcard holders to log on using their Clubcard number for unlimited service. This will increase the number of people who want one and therefore provide Tesco with more information. The Clubcard currently has active membership of over 15 million customers making it the most used loyally card in the UK with over 20 % if the population owning one. Tesco value consumer information enough to but a company that specialises in market research. At the start of the year Tesco bought the final 10% of the shares in a customer insight company called dunnhumby. This works in conjunction with the information obtained from the Clubcard to allow Tesco to really understand their customers. This will help them to achieve several of their aims and objectives such as “To grow the UK core” and also “To grow retail services in all our markets”.…

    • 1352 Words
    • 6 Pages
    Better Essays

Related Topics