Table of Contents..............................................11.Introduction about the Company......32.Coles Marketing Strategies..............43.Marketing Mix X Marketing Strategies54.Customer Service.............................75.Distribution Strategy.........................86.Pricing Strategy..............................107.Coles promotion strategy...............118.Coles New Strategies, monitoring and return on investment129.Resource Management..................1410.Coles Customer Survey.................1511.Evaluating 4P’s x Strategic Objectives1812.Conclusion.....................................1913.Reference.......................................202Table of Content
Executive SummaryThe following report addresses the marketing strategies applied by Coles supermarkets chain.In the first section, an introduction and a background of the company will be presented. This sectionwill discuss major activities from establishment to the current situation. The next section will analysethe strength, weaknesses, opportunities, and threats that present themselves in the operatingenvironment of the company. A competitive advantage of the company will also be created throughanalysing the market situation, competition, different tactics from other companies, and the ways inwhich Coles outdoes them. A market analysis will also be conducted. In this section, price, place,promotions, and products will be analysed together with the market behaviour and demographics inrelation to Coles’ operations. Recommendations will be given on future improvement of the marketstructure that the company should adopt. This will mainly be based on the weaknesses of thecompany as well as its market structure. Every organisation has a product, every organisation exists in a competitive market and everyorganisation has a marketing strategy to compete for prominence in their market. This is true ofprivate enterprise, not-for-profit organisations and even government departments and other areas ofthe public sector. A marketing strategy is governed by a global marketing philosophy, the motivation atthe very heart of the organisation.This report aims to cover the market strategies of Coles, one of the largest supermarket chainsin Australia. We will be covering the impact of your strategy in the current market and how it affectsthe 7P's of marketing.3
In 19thcentury the Australian groceries market was very fragmented and typically operatedby sole operators. Typically, they were called ‘corner stores’ and were very region specific andserved a small community. Moreover, the range of products they stocked was somewhatlimited as the purpose was to meet the needs of that small community. Given the limitedrange, this allowed other specialty stores to spawn such as bakers and delicatessens. The20thcentury, saw the development of the ‘supermarket’ as we know today. Specifically,supermarkets provided a one stop shop for its consumers for their weekly grocery needs.
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Spring '19
Marketing, FlyBuys, Wesfarmers, Coles Group, Coles Supermarkets, George Coles