Preview

Rose Only

Powerful Essays
Open Document
Open Document
13395 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Rose Only
Rose Only

Contents
Introduction 3
Firm Vision Statement 4 Roses Only Vision statement 4 Reformulated Vision Statement 4
Mission statement 4 Roses Only Mission Statement 5 Reformulated Mission Statement 5
Internal Environmental Analysis 5 SWOT Analysis 5
External Analysis 10 Industry Attractiveness: Porter's Five Forces Model 10 Macro-Environmental Trend Analysis 12 Competitor Analysis 15 The Marketplace 17 Market Segments: 17
Target market segmentation variables 21 Target Market Segmentation 21 Segment Profile 22 Buyer Criteria/Hierarchy Analysis 22
Marketplace evaluation 24 Factors Underlying Market Attractiveness & Competitive Position 24 Industry Attractiveness 25 Positioning Options 26
Strategy and Competitive advantage 28 Roses Only Competitive advantage 28 Objectives 30 Roses Only Strategy Options 31 4 P's (Product, Price, Promotion, Place) 36
Implementation 39 Gantt Chart 40
Measuring, monitoring and adapting 41 Management 43 Adaptation 44
References/Biliography 45

Introduction

The following report has been prepared in order to understand the marketing, planning and strategy the company Roses Only has developed over the years as well as suggestions on how to improve itself. In addition, we have also worked with CEO of Roses Only Steven James to get an insight on their current marketing strategy and planning. Based on the consultation with Roses Only, we have recommended tactics and strategies which over a certain period could have the ability to achieve long-term profitable growth.
Roses Only is a florist based in Sydney and Melbourne that delivers a variety of different flower arrangements to its customers to suit any occasion. Established in 1995, Roses Only is part of the Roses Only group, a family run business, with almost 45 years’ worth of retail and floristry experience. It has now grown to become one of the most prominent and well-known names in the florist industry.



References: 4. Boyles Carolee Anita, (2004), ‘What’s your pricing strategy?’ The shooting industry, 49(3), pp. 16. 5. Carlos Joly, (2010). ‘Why Responsible Investment Falls Short of its Purpose and What to Do about it’, Corporate Governance, 10(1), p18-32. 6 9. Glanville, 2006, 'Business Venture seems rosy for James Stevens ', viewed 20/5/12 <http://www.abc.net.au/lateline/business/items/200609/s1732894.htm> 10 11. Hurban. K, 2012, ‘Rising Fuel Costs Burning Small Business’, viewed 18/4/12, <http://smallbusiness.foxbusiness.com/entrepreneurs/2012/03/15/rising-fuel-costs-burning-small-business/> 12 13. IbisWorldB, 2012, 'Weddings in Australia, Market Research Report ', viewed 22/5/12, < http://www.ibisworld.com.au/industry/default.aspx?indid=1955> 14 15. Interflora, 2012, 'Home ' viewed 22/5/12 <http://www.interflora.com.au> 16 17. Mark D Uncles, (2010), ‘Broadening the Scope of Brand Management’, Journal of Brand Management, 17(6), pp: 395-399. 18. Michael Mandjies, (2004), ‘Pricing strategies and service differentiation’, Netnomics: Economic research and electronic networking, 6(1), pp. 59-63. 19

You May Also Find These Documents Helpful

  • Powerful Essays

    Lauren Floral Ltd CMA

    • 1196 Words
    • 39 Pages

    › More profitable product categories with greater growth opportunities › Proximity to large markets in Canada and North Eastern US › New consumer trends showing benefit of flowers, gardening and fresh vegetables Lauren Floral Ltd › Relationship with florists ›…

    • 1196 Words
    • 39 Pages
    Powerful Essays
  • Better Essays

    Aaker, David A. and Joachimsthaler, Erich, Ch 2 & 3, Brand Leadership, The Free Press, 2000, ISBN 0-684-83924-5…

    • 1600 Words
    • 7 Pages
    Better Essays
  • Good Essays

    In the fresh flower market, there are three primary segments: (1) flowers for regular décor, (2) flowers for special occasions, and (3) flowers for last minute gifts. Each segment differs with regard to the amount of planning before purchase, the quality of flowers required, and level of service required to cater to the respective market. Calyx & Corolla, with its exclusive contracts with thirty quality flower suppliers and delivery with FedEx, is uniquely positioned to cater to “flowers for regular décor” segment by providing high levels of quality and service for a customer who plans their purchases in advance. Refer to Exhibit 1.…

    • 604 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Marketing Simulation

    • 275 Words
    • 2 Pages

    Determining pricing strategies is critical to a firm’s success because price has a direct effect on a firm’s profits (Kerin, et al., 2008). Because of the importance of finding an appropriate price, an ‘approximate price level’ was determined. In determining this price, an integrated demand-competition orientated approach was decided upon, emphasising consumer preferences above factors such as cost, while stressing competitor’s pricing (Kerin, et al., 2008). Furthermore, the penetration pricing strategy was used as a basis for entering the market.…

    • 275 Words
    • 2 Pages
    Good Essays
  • Best Essays

    Sky Brand Plan

    • 1765 Words
    • 8 Pages

    Riezebos, R. (2003) Brand Management – A Theoretical and Practical Approach, Harlow: Financial Times Prentice Hall…

    • 1765 Words
    • 8 Pages
    Best Essays
  • Powerful Essays

    Bbm Unit Guide

    • 4049 Words
    • 17 Pages

    GENERAL DETAILS Subject Code: Teaching Period: Credit Points: MKT2BBM Semester Two 15 Subject Title: Location(s): Mode: Branding and Brand Management Melbourne Level: 2nd year, Undergraduate…

    • 4049 Words
    • 17 Pages
    Powerful Essays
  • Best Essays

    Contemporary Business Issues

    • 3894 Words
    • 16 Pages

    Schlappa, H. (2011). Contemporary Issues in Business Lecture 6 Perspectives of International Brand Management. UH Slide.…

    • 3894 Words
    • 16 Pages
    Best Essays
  • Good Essays

    Roses

    • 487 Words
    • 2 Pages

    For centuries flowers to people's feelings, love and affection reflects. It is an undisputed fact that roses of emotions are the most beautiful form of expression. Roses are precious than other ornamental shrubs because, not only the beauty of flowers is also effective in color. Roses can be classified into three main categories on the basis of meaning of colors: red roses, white roses and yellow roses.…

    • 487 Words
    • 2 Pages
    Good Essays
  • Good Essays

    A Rose for Emily

    • 787 Words
    • 3 Pages

    Roses are given as tokens of love, or at least deep friendship. Still today, the young and the romantic press a rose between the pages of some seldom used book, to dry and preserve the token. The rose is out of sight and often out of mind, but memories of that special individual return whenever one discovers it while thumbing through the book.…

    • 787 Words
    • 3 Pages
    Good Essays
  • Best Essays

    Male Cosmetics in China

    • 3215 Words
    • 13 Pages

    L’Oreal Paris is a division of L’Oreal Corporation that offers cosmetics for men and women. Their product line, Men Expert, is created specifically to target common male skin problems. L’Oreal Paris Men Expert consists of 12 diverse skin care products that enable men to have the best complexion that they possibly can.…

    • 3215 Words
    • 13 Pages
    Best Essays
  • Satisfactory Essays

    Part IV

    • 2533 Words
    • 25 Pages

    PART-FOUR BRAND MANAGEMENT: AN OVER VIEW 24/10/2013 Prepared by Temesgen B. (PhD) Outline… • Evolution of Brands • What is a Brand? •…

    • 2533 Words
    • 25 Pages
    Satisfactory Essays
  • Good Essays

    Rose

    • 526 Words
    • 3 Pages

    The flowers of most species have five petals, with the exception of Rosa sericea, which usually has only four. Each petal is divided into two distinct lobes and is usually white or pink, though in a few species yellow or red. Beneath the petals are five sepals (or in the case of some Rosa sericea, four). These may be long enough to be visible when viewed from above and appear as green points alternating with the rounded petals. There are multiple superior ovaries that develop into achenes.[4] Roses are insect-pollinated in nature.…

    • 526 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    Bibliography: 2. Gottfried gruber(2008), “Pricing strategies in online and offline retailing” institute of management systems Vienna university of business administration.…

    • 7440 Words
    • 30 Pages
    Powerful Essays
  • Good Essays

    Profit Maximization Relevant Costs Price Sensitivity Estimating the Profit-Maximizing Price Linear Approximation Cost-Plus Pricing Markup Pricing On the Importance of Assumptions Potential for Higher Profits Managerial Application—Parker Hannifin Increases Profits by Adopting and Economically Sound Pricing Policy Managerial Application—Microsoft’s Market Power and Pricing HOMOGENEOUS CONSUMER DEMANDS Block Pricing Managerial Application—Block Pricing at Hickey-Freeman Two-Part Tariffs PRICE DISCRIMINATION — HETEROGENEOUS CONSUMER DEMANDS Managerial Application—Two-Part Pricing for Capital Goods Managerial Application—As Cigarette Prices Soar, A Gray Market Booms Exploiting Information about Individual Demands Personalized Pricing Managerial Application—Tuition Pricing Group Pricing Managerial Application—Virtual Vineyards Managerial Application—Pricing of Books Using Information about the Distribution of Demands Menu Pricing Coupons and Rebates Managerial Application—Harry Potter: An Example of Price Discrimination…

    • 3577 Words
    • 15 Pages
    Good Essays
  • Good Essays

    It is well-established fact that behind every achievement lies an unfathomable sea of gratitude to those who have extended their support and without whom the project would never have come into existence.…

    • 14961 Words
    • 60 Pages
    Good Essays

Related Topics