marketing planning ppt,a1,zml-kkkw-new corrected
TRANSCRIPT
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Done by: Zin Min Lwin
Tr: Kyaw Ko Ko Win
UNIT TITLE Marketing Planning
ASSIGNMENT
TITLE
Unilever Marketing Audit
ASSIGNMENT NO 1 of 2
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Intro to Unilever
With 400 brands spanning 14 categories of home,
personal care and foods products, no other companytouches so many people's lives in so many differentways.
Unilevers brand portfolio has made us leaders in everyfield in which we work. It ranges from much-loved
world favorites including Lipton, Knorr, Dove and Omo,to trusted local brands such as Promise and Suave.
HeadquartersRotterdam, Netherlands
Unilever House, London, UKFounded 1929 (by merger)
http://en.wikipedia.org/wiki/Rotterdamhttp://en.wikipedia.org/wiki/Unilever_Househttp://en.wikipedia.org/wiki/Unilever_Househttp://en.wikipedia.org/wiki/Rotterdam -
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Unilever, the Anglo-Dutch global consumergoods company, will open its first factory in
Myanmar
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Marketing Plan
A good Marketing Plan details what you want to accomplish
and helps you meet your objectives.
A Marketing Plan should:
Explain (from an internal perspective) the impact and
results of past marketing decisions.
Explain the external market in which the business is
competing.
Set goals and provide direction for future marketing
efforts.
Set clear, realistic, and measurable targets.
Include deadlines for meeting those targets.
Provide a budget for all marketing activities.
Specify accountability and measures for all activities.
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Changing perspective
The production concept: achieving high production efficiency,low cost and mass
distribution they assume that consumers are primary interested in product availability
and low prices. The product concept :products that offer the most quality, performance, or innovative
features. Managers focusing, on this concept concentrate on making superior product
concentrate on making superior products and improving them over time.
The selling concept: The organization must undertake an aggressive selling and
promotion effort.
The marketing concept: the company being more effective than competitors in
creating, delivering and communicating customer value to its selected target
customers.
The societal marketing concept: determine the needs , wants and interest of target
market and to deliver the desired factions more effectively and efficiency than
competitors.
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Changing Perspective in Marketing,1.1
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The importance of social media has change the way marketinghas been done before. Unilever should always be in touch withits customers through the use of social media, listening to
their feedbacks and reminding, keeping tabs to them.
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This is the changing perspective in doing market andthis shows that weaknesses have to be transformed toStrength and Threat have to be transformed to
Opportunities.
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Capability for planning its future marketingactivities,1.2
Organisational capability defined in terms of its corecompetence, synergistic effects, strengths, weaknessesand resources and behaviour. It represents a capacity ofan organisation to use its strengths to overcome itweaknesses and create an opportunities and face in its
external environment.Future planning for Unilever involves determining thecurrent and future needs of the market . Unilever shouldreview the organizations resources which can be groupedinto these categories
Financial capability
Technological capability
Brand Effect
Loyal Customers
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These categories explain here:
Financial capability: This is a massive Company with itsnet income 5.3 billion (2013). They can also lend moneyeasily from a bank since Unilever is a globally trustedbrand.
Technological capability: The great vast use of internet
has smoothen the whole operation process till order takingand feed back requiring processes.
Brand Effect: This famous and respected brand has abrand effect on the country Myanmar, inspiring and havingexcitement in the peoples mind.
Loyalty: Unilever needs to know its loyal customers andretailers and wholesalers in order to satisfy them at allcost.
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Techniques for organisational audit and analysisof external factors
A SWOT (strengths, weaknesses, opportunities andthreats) analysis looks at internal and external factorsthat can affect businesses. For example, we can use aSWOT analysis to help us decide if and how we
should:
Take advantage of a new business opportunity.
Respond to new trends.
Implement new technology. Deal with changes to our competitors' operations.
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PESTLE analysis, which is sometimes referred as PESTanalysis,is a concept in marketing principles. Moreover, thisconcept is used as a tool by companies to track the environmenttheyre operating in or are planning to launch a newproject/product/service etc.
PESTLEis a mnemonic which in its expanded form denotes P forPolitical, E for Economic, S for Social, T for Technological, L forLegal and E for Environmental. It gives a birds eye view of thewhole environment from many different angles that one wants tocheck and keep a track of while contemplating on a certain
idea/plan.
Technique to analyze the External Factors
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This is how Pest and Swot are linked
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Carry out External Analysis(Pestel),1.4 Political: The recent political changes in Myanmar has given
a great opportunities to foreign investment to help country
on the run. The democratization has bring a lot friendlierpolicy and favor greatly to foreign investment. E.g. Five yearsannual tax-free period for investors, lower land rental fees isa major fact and strong law protecting the investors fromother countries.
Economical: Myanmar has broken down its doors andopened-up dramatically. Most people are eyeing on the recentdramatic changes and exciting about the improvement ineconomical sector. The rate of inflation on currency has beenceased and the interest rates on having a loan and theexchange rates are very stable (1$ equivalent to 800kyat).Sadly, the average income of every Burmese people in thecountry is around 3$ a day. They sure have very littledisposable income.
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Social: The living standards of the Myanmar people arenot up to the standard. There are very few percentageof the people living in the metropolitan area. However,the hunger for the rise in living standards has given achance for luxury products also. Lifestyle changes arequite fast.
Technology: In terms of technology, I think that the
company is fully prepared for it has more than fiftyyears of experience. Better packaging, massproduction, and services to customer and better qualityproducts.
Legal: I am sure that the country is quite stable on
legal issues and Unilever should hire a decent locallegal officer to assist in doing business here inMyanmar.
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Carrying out the SWOT analysis,1.4This is the three chosen products
Cosmetics is the chosen product segment that I amgoing to perform SWOT analysis. Cosmetics sector hasbeen a very successful crowning products for Unilever
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Swot analysis
STRENTH Products are free from any toxic
or mercury content
Excellent advertising andbranding as Ponds is one of themost recognized brands
The packaging of Pondsproducts are eye-catching,suitable for its target market
Affordable to everyone
Weaknesses Most products have limited
packaging sizes, which may be
inconvenient for some consumers
Intense competition in thecosmetics industry frominternational brands like NIVEA
Opportunity Expansion of cosmetics
industry into semi-urban
and rural areas of thecountry Targeting audience from all
age groups
Threat High price for the products can
limit potential consumers Cosmetic Care still not a
market in rural parts of thecountry
Availability of cheaper productsfrom other brands in themarket