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Assessment Task 2
Long Life Fresh Milk
i. Executive
Summary________________________________________________
_____
The aim of this paper is to develop a strategic marketing report in a
business style format for Made Groups introduction of fresh long life
milk. The food and retail beverage outlet is forever changing in
todays dynamic environment. In order to remain competitive in the
market the company needs to analyse which of the two countries,
Japan or Thailand is best suitable, otherwise they will become
stagnant and eventually disappear as a leading brand in the market.
The structure of this report will follow a business style marketing
report allowing for the company to decide whether on which of the
two countries is more attractive in marketing their product. The first
part of the report will outline what the report entails with a brief
background of Made Group as an organisation and how they have
performed from a domestic perspective to this present day.
A PEST analysis has been further conducted to measure the macro
environment and how the dynamic and competitive nature of the
product market is viable in todays economic landscape.
Additionally, a macro-environmental analysis of the countries Japan
and Thailand was analysed in detail for the chosen product market
and through the introduction of fresh long life milk.
The organisations goals and objectives are then outlined in detail to
give an insight into the strategic focus of the organisation and how
their goals and objectives are derived and aligned from a marketing
standpoint.
Furthermore, the evaluation and control of the proposed marketing
entry strategy is discussed add our entry strategy here
In conclusion, the report will depict what is needed for Made Group
to succeed in the chosen country add country here and in the food a
beverage retail outlet. With the ongoing elastic changes in the
market, the proposed marketing report will help Made Group
maintain and build on their brand equity. The report is highly
achievable, successful and attainable for the longevity and growth
of the company.
Table of
Contents_________________________________________________
_________
i. Executive Summary
2
1.0 Introduction
4
2.0 Company and Product Background
4-5
3.0 Comparative Country and Product Attractiveness
1
Country A Analysis
3.1.1 Country A Macro Environment
1
3.1.2 Country A Microenvironment
1
3.1.3 Product Market Analysis
1
3.1.4 Competitive Analysis
1
3.1.5 Buyer Analysis
1
Country B Analysis
3.2.1 Country B Macro Environment
1
3.2.2 Country B Microenvironment
1
3.2.3 Product Market Analysis
1
3.2.4 Competitive Analysis
1
3.2.5 Buyer Analysis
1
4.0 Market Selection Justification and Opportunity
Statement
1
4.1 Country A Summary of Opportunity and Threats
1
1.0
Introduction_____________________________________________
______________
The aim of this strategic marketing report is to analyse the company
Made Group and how their specific product fresh long life milk, is
reactive within the international context. Drawing on the comparison
of the two distinct different countries, Japan and Thailand, the report
will assist the marketing team of Made Group in depicting which of
the two different countries is best suitable for the product.
Furthermore, the structure of the report is clearly outlined to help
the marketing team of Made Group to grasp a fundamental
knowledge on the key major recommendations of the report, helping
them to become a possible industry leader in their chosen market.
The report is divided into sections that will essentially outline the
segments that make up the marketing strategy for Made Group.
(Mustufa to complete)
Country A Analysis
3.1.1 Country A Macro
Environment_____________________________________________
3.1.2 Country A
Microenvironment_____________________________________________
3.1.3 Product Market Analysis
- What is the size of the market?
- Is it growing and if so at what rate?
- Are there clear and distinct segments within the market? What are
the sizes and relative growth rates of these segments?
- At what phase is the market in relation to the product lifecycle?
- To what extent is the market supplied by foreign sources?
- What are the sources of foreign supply?
- What are the major forms of marketing channels (distribution) used
within the product market?
3.1.4 Competitive Analysis
- Are there competitors in that market?
- What form of competitors are these (providing identical products or
substitute products)?
- How many competitors are there in the market?
- Who are the competitors and how do they operate?
- Are the competitors foreign or locally based?
- If foreign, what entry strategies are they using?
- Where do you see your company compared to those competitors
(differentiation strategies and positioning)?
- What are your companys strengths in comparison to the
competitor?
3.1.5 Buyer Analysis
- Assess buyer behaviour within the identified market segments
through consumer analysis (who are they, how do they consume/use
the product)
- Identify and describe your target market segmentation strategies
Country B Analysis
3.2.2 Country B
Microenvironment_____________________________________________
3.2.3 Product Market Analysis
- What is the size of the market?
- Is it growing and if so at what rate?
- Are there clear and distinct segments within the market? What are
the sizes and relative growth rates of these segments?
- At what phase is the market in relation to the product lifecycle?
- To what extent is the market supplied by foreign sources?
- What are the sources of foreign supply?
- What are the major forms of marketing channels (distribution) used
within the product market?
3.2.4 Competitive Analysis
- Are there competitors in that market?
- What form of competitors are these (providing identical products or
substitute products)?
- How many competitors are there in the market?
- Who are the competitors and how do they operate?
- Are the competitors foreign or locally based?
- If foreign, what entry strategies are they using?
- Where do you see your company compared to those competitors
(differentiation strategies and positioning)?
- What are your companys strengths in comparison to the
competitor?
3.2.5 Buyer Analysis
- Assess buyer behaviour within the identified market segments
through consumer analysis (who are they, how do they consume/use
the product)
- Identify and describe your target market segmentation strategies
Marketing
objectives_______________________________________________
______
(5 marks 300 words)
(Elliott to complete)
- What market share do you aim to achieve?
- Are you aiming for long/short term marketing, large/small scale
marketing?
- What are your target market segments? Where can you find them?
- How will you position your product (based on competition and
target segment)?
10
Entry strategy
selection_________________________________________________
_
(20 marks 800 words)
(Elliott to complete)
- What entry mode(s) will you use to enter that country (for example
direct exporting, licensing, strategic alliance, establishing a
subsidiary)? Justify your entry strategy explaining why the one you
have chosen is better than the rest. Please take note that you have
a combination of entry strategies depending on the situation. Your
chosen entry strategy must be linked to your marketing objectives
discussed in section 6.
11
(11 marks)
References
12