Preview

Marketing Communication Stratergy of Tesco

Better Essays
Open Document
Open Document
1474 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Marketing Communication Stratergy of Tesco
Brand heritage

Tesco is the largest and most popular supermarket chain in Britain today. They have also branched out into many areas other than groceries as they strive to satisfy their customer's needs in every which way possible. This need to keep their customers happy is of core importance to their brand.

Tesco was founded in 1924 and adopted the strategy of ‘pile it high, sell it cheap'; although today's strategy is much more sophisticated than this it does still hold some similarities. They strive to be the best value company in all of the market segments they enter. Over the years Tesco has used a complex marketing strategy in order to successfully communicate this message to their audience.

The Tesco brand is associated with the slogan ‘Every Little helps' it has been used for many years now as a marketing tool to communicate to customers what the company stands for. The slogan has penetrated into the minds of the customers through many forms of promotion; the most obvious being their point of sale communication (POS). It can be seen from the moment you reach the car park to the bags you hold as you leave. However, it is not enough to come up with a catchy slogan; it has to be seen to mean something or customers will loose faith.

Over the years Tesco has been responsible for several small revolutions in retailing which have help make it the company it is today. An article by Corporate Watch (2004) states that in 1993 Tesco introduced some of the first own-label goods. The ‘value' range captured the mood of the nation after years of recession and also gave meaning to the slogan ‘every little helps'.

The most important revolution was the introduction of the Tesco Clubcard in 1995. This sophisticated tool has enabled Tesco to learn important information about its customers which in turn has been used to improve Tesco's marketing strategy. It has helped implement many successful marketing communication campaigns due to heightened awareness of

You May Also Find These Documents Helpful

  • Good Essays

    Tesco’s main aim is to stay the leading supermarket and to have a competing chance with prices. Also to maximize their sales.…

    • 718 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    Unit 2 P3

    • 974 Words
    • 4 Pages

    Tesco PLC are a team of 530,000 people in 12 markets dedicated to bringing the best value, choice and service to their millions of customers each week. Tesco was founded in 1919 by Jack Cohen and started out as selling products from a market stall. The Tesco name first appeared after a shipment he ordered for tea from T.E. Stockwell so he combined those initials with the last two letters of his surname to make Tesco. Tesco has roughly 6,300 stores worldwide and continue to grow. Their revenue for 2013 was £64 billion. Over this past year Tesco have opened 166 new stores (mostly Tesco Express) worldwide.…

    • 974 Words
    • 4 Pages
    Satisfactory Essays
  • Powerful Essays

    Business Unit 1 Assignment 2

    • 3096 Words
    • 13 Pages

    Tesco PLC is a British multi-national grocery and general merchandise retailer. It is the third largest retailer in the world measured by revenues and the second largest measured by profits. It has stores in 14 countries across Asia, North America and Europe and is the grocery market leader in the UK. Tesco has been particularly successful because of its powerful brand. It has a reputation for value, low prices and for being customer focused. Its brand equity and associations have helped the company to expand into new sectors and markets.…

    • 3096 Words
    • 13 Pages
    Powerful Essays
  • Good Essays

    Mission Statement of Tesco

    • 1041 Words
    • 5 Pages

    Tesco plc is a global grocery and general merchandising retailer headquartered in Cheshunt, United Kingdom. It is the second-largest retailer in the world measured by profits. It has stores in 14 countries across Asia, Europe and North America and is the grocery market leader in the UK (where it has a market share of around 30%), Malaysia and Thailand.…

    • 1041 Words
    • 5 Pages
    Good Essays
  • Satisfactory Essays

    As one of the world’s largest retailers with over 500,000 colleagues in 12 countries, serve millions of customers a week in stores and online. Tesco not just a grocery store. It is a multichannel retailer, offering their customers a range of products and services to suit their needs. From Tesco Bank to Tesco Mobile to their blink box video-on-demand service.…

    • 326 Words
    • 1 Page
    Satisfactory Essays
  • Better Essays

    Tesco Coursework

    • 11594 Words
    • 47 Pages

    Tesco is well known for its ‘Every Little Helps’ philosophy and apart from wanting to make a profit, it aims to provide prices…

    • 11594 Words
    • 47 Pages
    Better 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

    Tesco became so successful when they analysed what people were buying and made their own products and lowered the prices. Also, because Tesco try to make their products cheaper than other stores like Asda and Sainsbury’s etc.…

    • 1985 Words
    • 8 Pages
    Powerful Essays
  • Satisfactory Essays

    Introduction to Tesco

    • 259 Words
    • 2 Pages

    Tesco is the largest British retailer and is also world’s third largest retailer with outlets across Europe, USA and Asia. They come with one purpose which is creating value for money to earn customers’ life loyalty. The business began in 1919, one man named Jack Cohen selling groceries from a stall in the East end of London. He bought surplus stocks of tea from T.E.Stockwell. This company and Cohen combined their names to brand the tea Cohen originally sold- TESCO tea. In 1929, the first Tesco opened in north London.…

    • 259 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    TESCO

    • 1517 Words
    • 7 Pages

    TESCO is a public limited company. It is a retailing industry. It founded in year 1919 at Hackney, London and England. TESCO also have many products such as Supermarket, Hypermarket and Superstore. There are many retail shops in the TESCO.…

    • 1517 Words
    • 7 Pages
    Powerful Essays
  • Powerful Essays

    unit 3 distinction 1

    • 1437 Words
    • 5 Pages

    One of Tesco’s concepts is to have “A growing business, full of opportunities” [1]. Marketing may contribute to this principle by researching new, different and effective ways of reaching specific target market. For example if marketing were looking to promote Tesco’s range of fresh fruit, particularly to children below the age of 12 due to the rising population of overweight children, they may advertise on the television in the day time on channels that are popular with children. This would be effective as more children watch television in the day time, on the channels that they are most likely to watch means they will see Tesco’s advert more than other market would and they would increase demand and sales of the range of fruits. This will contribute to the overall principle as it means that the organisation is growing.…

    • 1437 Words
    • 5 Pages
    Powerful Essays
  • Satisfactory Essays

    Another corporate strategy that implemented by Tesco is diversification. According to Johnson and Scholes (2003), they believe that when the business environment change, it is necessary for an organization to create new products and services in order to consolidate their market (as cited in Ivory Research, 2009). The top managements of Tesco have to take this strategy seriously, because changing not only can strengthen their competence but also can make thing worst. Diversification need to implement in the right way and right time. For the case of Tesco, they are trying to design different store formats from other hypermarket. This…

    • 358 Words
    • 2 Pages
    Satisfactory Essays
  • Better Essays

    Tesco's started its own-brand products, which include the upmarket "Finest" and low-price "Value" ranges. Thus they were able to increase their profits rather than selling other brands products.…

    • 2339 Words
    • 10 Pages
    Better Essays
  • Better Essays

    Marketing Principles Tesco

    • 2460 Words
    • 10 Pages

    Tesco is top leading retailer in UK. It manages thousand shops in UK, Ireland, Central Europe and Asia. Tesco brand first appear I 1947 when he bought shipment of tea from MRT E.Stockwell. From that time Tesco slowly improve in retail business and now they are take top position in UK retail business. Tesco aim is to provide best products for their customer and make sure for customer requirements.…

    • 2460 Words
    • 10 Pages
    Better Essays
  • Good Essays

    Tesco was founded by Jack Cohen in 1919, and grew at a mind-blowing pace, by 1939 there were 100 stores located across the country; since 1990 Tesco has expanded it’s store locations, and selling varieties. Nowadays Tesco is one of the leading grocery and general merchandise retailer chain in the world. Covering 14 countries in Asia, Europe and America. It has a market share of 30% in the UK, and is considered as a monopoly; this has bought negative impacts and positive impacts to society.…

    • 620 Words
    • 3 Pages
    Good Essays

Related Topics