Tuesday, April 9, 2019
Promotional Activities Essay Example for Free
Promotional Activities EssaySection 1.0 IntroductionThroughout this assignment, I lead be producing a plan of a promotion campaign for an existing business. I commence decided to choose mark and Spencer Plc. I will be looking at how Marks and Spencer use promotional activities and incorporate them into a promotional mix creating a vital choice in the success of the promotion campaign. As well, I will be considering whether promotional activities can affect a business final choice of promotional mix.Marks and Spencer Plc are located all over the UK, with currently 600 stores that range from the large stores to the simply sustenance stores, but their largest store is situated at Marble Arch on Londons Oxford Street. By 1975 Marks and Spencer had opened over 285 international stores. The locations of all Marks and Spencer have nearby bus dough and car parks enabling it to be accessible to its customers, in addition, a large number for the stores have collect by car facilities for customers to pick up their goods at a later time. They currently rent over 75,000 employees in the UK and internationally.Marks and Spencer was founded by Michael Marks in 1884. He opened a point of view at Leeds Kirkgate Market and all the items were sold for a penny. In 1894 Thomas Spencer garmented 300 to become Michaels partner in the company. Marks and Spencer have a very user friendly website, that shows their aims and objectives that they want to fulfill to be a successful business. It provides links to their promotions and to their online shopping. I will be using this website throughout my coursework. (See auxiliary A).They have a lot of competition that is mainly the large supermarket chains Sainsburys, Tesco, Asda who are all abstracted customers to come to their stores because they have the products that customers are looking for at the right price for them. They do not differentiate for a specific target market asthey cater for women, men and children in clot hing, however their forage lines tend to be the more(prenominal) luxurious, high quality and expensive. Their market share is 10.7% for clothing and footwear (See supplement B) and for food the market share is 3.9%. (See appendage B). Their annual turnover in the UK is 8.16 billion and internationally is 898 million. (See appendix B).To ensure a business succeeds within the promotional mix, promotion is key in achieving this. I will be looking in depth to see whether Marks and Spencer have achieved this or whether they need more advertisement enabling their customers to become aware of their aims and objectives in finalising the promotion.Marks and Spencers objectives areContinue to invest in and grow our core UK retail business, by introducing new goods and services.Strengthen our UK property portfolio.Drive our MS Direct business.Expand our International business.Integrate Plan A (our eco plan) into every aspect of how we do business, so that we grow in a sustainable way.
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