Element of the strategic planning process

Assignment Help Marketing Management
Reference no: EM133294004

CASE

Business Trends such as strategic alliance is one of the factors that stimulate the transformation of the service economy. Strategic alliances are agreements between companies or partners to reach objectives of a common interest .Alliances are among the various options which companies can use to achieve their goals, so that each benefits from the strengths of the other and gains competitive advantage. Many companies have established that the best and fastest way to achieve success in the market is to make an alliance with others company. For example:

Starbucks formed a strategic alliance with a different company such as Alice and Olivia, PepsiCo, Paul and Joe and Vivienne Tam to develop a variety of enterprise communications and products for global customers.
Hewlett-Packard and Disney have developed a long-standing alliance when Disney purchased eight oscillators to use in the sound design of Fantasia from HP and when Disney wanted to develop a virtual attraction called Mission: SPACE, Disney Imagineers and HP engineers relied on HP's IT architecture, servers and workstations to create Disney's most technologically advanced attraction.
Spotify and Uber have partnered to provide stereo control to Uber customers where it delight the customer by your favourite playlist provides added value when they enter a hired car.
Apple and IBM develop a new partnership which leverage IBM's big data analytics and more than 100,000 industry sales consultants and software developers, to help Apple penetrate the global corporate enterprise market.

Strategic alliances are increasingly becoming an important part of overall corporate strategy, as a way to grow product and service offerings, develop new markets, leverage technology and research and development (R&D).
You are required to design a new service based on your newly acquired marketing expertise and put together the marketing plans to launch the new service for one of the listed airlines below that will bring real benefits to the customer and company through the formation of an alliance with any company of your choice to focus on the Asia Pacific market.

Question :

Singapore Airlines

1) Executive Summary: Tell the reader why he or she is reading this marketing plan-what changes require consideration, what new services need discussing, and suggest possible actions to take in response to the information the plan contains.
New services idea : -
a) Spa and saloon
b) Health care
c) Food delivery

2) Marketing Strategies: A discussion of the marketing mix constitutes a key element of the strategic planning process. You are required to explain according to well-known marketing concepts, the marketing mix consists of the seven Ps: products and services, price and pricing strategies, place and distribution, promotion, process (flowchart and blueprint), physical environment and people.

Reference no: EM133294004

Questions Cloud

What role did the database play in this example : What role did the database play in this example? Why was it so important? List at least one example specific to this organization's use of its database
Organisations product and service offering portfolio : With regards to the above information elaborate on an organisations product and service offering portfolio
Explain vocation of choice : You to think critically and reflect on your own gifts, talents, passions, and core values considering they could contribute to your vocation of choice.
Challenges kfc experienced in africa and china : Using relevant examples from the article, determine the challenges KFC experienced in Africa and China
Element of the strategic planning process : Element of the strategic planning process. You are required to explain according to well-known marketing concepts, the marketing mix consists
Which cell does each exist in the positioning matrix : MARK 6310 University of Texas, Rio Grande Valley Characterize these companies' positions in the marketplace from your best estimates as to the customers
Describe ways to motivate a part-time : Describe ways to motivate a part-time, minimum wage ($15 per hour) employee working at WINNERS (Retail) using the Goal-Setting Theory, Four Drive Theory.
What sampling frame error do you anticipate : ADMN MISC Trent University How is your target population defined (e.g., what are its geographic, demographic, or other bounds)? - What is your sampling frame
Discuss what is meant by mobile commerce : Discuss what is meant by mobile commerce and its concepts, landscape, attributes, drivers, applications, and benefits, and provide real life examples

Reviews

Write a Review

Marketing Management Questions & Answers

  How successful were you in getting buy-in

How successful were you in getting buy-in? If it went well, then why do you think that was? What did you do to make it successful? If it did not go well, then why do you think that was?

  What does social responsibility mean to a company

What does social responsibility mean to a company? Why is social responsibility important?

  Magazine stall purchases a fashion magazine

A magazine stall purchases a fashion magazine at $2.5 at the beginning of each week and sell them at $8.5 during the week. Any unsold copies of this magazine at the end of the week can be salvaged at $0.5. The weekly demand for this magazine is Norma..

  Determine effective and ineffective strategies for use

Research articles about the use of Social Media in marketing and determine effective and ineffective strategies for use

  Recently implemented a customer relationship management

Recently implemented a customer relationship management

  Identify the central issues or problems in the case study

Please identify the central issue(s) or problem(s) in the case study; Please explain what the source of the central issue(s) or problem(s) is.

  Define symbolic interaction theory

Define symbolic interaction theory. Provide examples of technological growth and change over the past several decades.

  Develop skills and abilities in order to expand operations

Organizations often find that they need to develop new skills and abilities in order to expand their operations internationally

  Prepare organized report for sos-c of toolscorp corporation

As members of the senior management team of ToolsCorp Corporation, your group has been asked to prepare a neat and organized report for the Strategic Officers.

  Analyze the challenges facing your company using od

you are the owner of a 100 employee retail dry goods store. you are located in a town where the major employer is an

  Identify major concern regarding internet marketing research

Which type of market coverage strategy requires a company to have the MOST detailed understanding of its target market?

  Explain traditional brick and mortar auction supply chain

Explain Traditional brick and mortar auction supply chain vs web environment and an you please explain to me how the supply chain would operate in the traditional brick and mortar auction business

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd