Propose strategic marketing developments

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Reference no: EM132197483

Assignment Brief

Learning Outcome

The completion of this assignment requires you to demonstrate the following skills and abilities:

- Carry out a marketing audit of an organisation, develop a marketing plan and propose strategic marketing developments.

Threshold Expectations:
In order to pass Assessment 2 you will need to:
- Identify, formulate and justify adequately, the constituent elements of your marketing plan and propose acceptable strategic recommendations to take the organisation forward.
- Apply an in-depth knowledge of marketing theories to evaluate, to an acceptable level, alternative solutions in solving problems.
- Satisfactorily adapt your strategy, introducing and involving high level activities relating to data collection, analyses, synthesis, and reporting for complex purpose

The word limit is 1,600 words excluding cover page, references in the bibliography and the appendices. Your cover page must have your full name and ID number.

All work should be word processed using either Times New Roman or Ariel font, with line spacing of 1½ and justified.

Assessment: Individual Marketing Plan Report

Marketing Plan for SPAR (Oman)

The Marketing Plan Task:
SPAR International is expanding rapidly in the Omani market and aims to build on its established reputation of ‘customer service excellence'. First launched in 2014, SPAR Supermarket at present has more than 22 stores across Oman. According to the CEO of SPAR international, "SPAR's success story in Oman has been possible because of customers' acceptance, which has been driven by the four core values of freshness, choice, value and excellent customer service". In 2016, SPAR Oman opened its 10th SPAR Supermarket, which saw the brand entering MadinatDarsait for the first time. SPAR, Oman is keen on expanding its sales and achieving market growth.
As a Marketing Consultant, you have been approached by the CEO of the SPAR (Oman) to develop a Marketing Plan which will enable the company to achieve even better customer satisfaction and increase in sales over the next three years. Your focus should be on SPAR Supermarkets.

To help with the development of your Marketing Plan Task, you have been provided with a case study generated from recent articles on SPAR, Oman. Please, note that you are expected to conduct further research on SPAR, Oman.

Your Marketing Plan must include the following:

- Executive Summary
- Introduction and objectives - Your introduction should include relevant background information on SPAR, Oman
- Current market and company situational analysis, including the competition (apply Porter's Five Forces model, and provide a comparative analysis of the competitors), consumer behaviour, SWOT and/or PEST analyses.
- Market Segmentation- this should emanate from your market situational analysis. You must identify current and possibly new market segments for SPAR, Oman
- Marketing Plan Objectives - must be specific and realistic. Apply the SMART Rule.
- Marketing mix strategy recommendations- Note that you will need to recommend your marketing mix strategy forSPAR, Oman. Your recommendations should stem from the market and company situational analysis. Your strategy recommendations must be relevant to the segments identified in your market situational analysis. Don't just repeat the current strategies employed by SPAR, Oman. You are also expected to use relevant strategic marketing planning tools to inform your recommendations.
- Evaluation and Control - how would the plan be monitored? What tools would you employ? Consider the Key Performance Indicators (KPIs).
- Budget- provide a costing for each of your marketing mix strategy. I do not expect you to come up with specific figures, but your costing should be based on research. Hence, I would expect a brief explanation or justification of the figures provided in your budget.

Guidance on the Marketing Plan Report

1. Objectives - objectives need to be SMART but it is unnecessary to explain in detail how smart they are.

2. The balance between market analysis and the actual planning/actions- ensure that your submissions are balanced with regards to analysis and planning. For example, do not use a lot of space summarising the analysis, at the expense of setting objectives and planning objective-specific marketing strategies and tactics.

3. Vagueness - planning needs to be very specific; stating that you will use ‘social media' for promotion because it is the ‘most efficient tool' is not enough. You need to explain the social media tool (s) - what they are, why you are using them and how you would use them.

4. Academic content - you are expected to apply models, and not just describe or define them. For example, your SWOT or PEST analyses should not read like textbooks in which you explain what SWOT or PEST are - this is essentially incorrect. You need to apply them and not describe them.

5. Executive summary - an executive summary should be written in a way that allows the executive who reads it to have a good overview of the objectives, structure, indicative content, key findings and recommendations of your marketing plan. Essentially, it is a summary of your marketing plan.

6. Secondary data use - Analysis should be supported with secondary data (from the literature). You should demonstrate wider reading and acknowledge the sources of your information, both in the main body and in your bibliography. Avoid making very bold but not substantiated statements, such as ‘the only customer-oriented supermarket' in Oman' or ‘massive campaign' or ‘massive customer segment'. Give numbers if you think the segment is large and compare it to other segments to give an idea of the size of it. Worth noting that your product offerings must relate to your chosen segments.

7. Presentation and structure - to achieve an excellent grade, your presentation needs to be immaculate - this includes numbering tables, referencing correctly etc. Do not present a lot of data and information in tables as appendices. Data or statistics that refer directly to your discussion in the main body, should be presented in the main body. Tables and figures - tables and figures need to be numbered and each should have a title that is self-explanatory. Your analytical content must be high, demonstrating critical thinking and the ability to apply relevant marketing concepts (refer to the marking grid).

8. Word limit - 1,600 words.This will exclude your references in the bibliography, the appendices, and the cover page. Please, note that your cover page must have your Full Name and ID Number. The use of tables, figures and diagrams is encouraged.

9. Finally, remember that the format for this assignment is Report Format and not essay format.

Attachment:- Assignment.rar

Verified Expert

The present solution is based on the market analysis of a given case study "SPAR Oman". The references used are given in APA format. The given solutio comprises of more tahn 1600 words and is based on the instructions and rubrics given in this assignment. The solution is completely new and is free from any type of plagiarism. The given solution is provided in Microsoft Office Word document file.

Reference no: EM132197483

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Reviews

len2197483

12/18/2018 10:40:56 PM

Scholarly practice Does not follow the recommended scholarly practice. It is generally below the norm at this level. Overall weak. Need to review citations & referencing styles, use of appropriate global business vocabulary, etc. Overall there is a need to review your scholarly practice; a lot of inconsistencies in evidence. Overall an adequate scholarly practice demonstrated. However some inconsistencies in evidence. Overall a good scholarly practice demonstrated. Overall a very good scholarly practice demonstrated. Presentation Significant re-write and restructuring of the plan required. Weak presentation of the plan – significant improvements to the structure required. Presentation of the plan is acceptable overall. but requires improvement on writing, structure, etc. Plan is adequately presented, but requires improvement in some parts. Professionally presented plan. In many respects; good structure, well written; within the word count limit. Professionally presented plan, well structured, well written; within the word count limit.

len2197483

12/18/2018 10:40:47 PM

Implementation & Control; the Budget Very general implementation and control. No framework used. Very general budget. Weak implementation and control. No framework used. Figures provided in the budget are not explained or justified Basic coverage of implementation and control with some framework provided but applied in a general manner. Budget is basic. Fairly good coverage of implementation & control with adequate application of a framework. Budget is reasonable with some justification provided for the figures. Good coverage of implementation & control with good use of relevant framework. Relevant budget with good justification of the figures provided. Very good coverage of implementation & control and very good use of relevant framework. Relevant budget with good justification of the figures provided.

len2197483

12/18/2018 10:40:40 PM

Marketing Mix Recommendations Recommendations are not linked to the market Situational Analysis and are weak and general The recommendations lack clarity and they do not fully reflect the market situational analysis provided nor the objectives. of the marketing plan The recommendations are not that practical with very few justifications provided. Not adequately connected to the objectives and the market situational analysis Fairly relevant recommendations with sufficient connection to the market situational analysis. However, justifications are limited. Recommendations are linked to the stated objectives of the plan Good recommendations – practical and relevant with good connection to the stated objectives and market situational analysis. Relevant justifications provided for the recommendations. Very good recommendations - practical, concise, and relevant; connected to the stated objectives and the market situational analysis. Sound justifications provided for the recommendations.

len2197483

12/18/2018 10:40:34 PM

Market Situational Analysis Weak discussion of of the market situation, too descriptive, key issues not examined adequately. Discussion lacks clarity and depth, and is not adequate to lead to a sound conclusion nor focused enough to put forward relevant marketing mix recommendations. Relevant issues identified and an adequate discussion of relevant market factors However the analysis does not go far enough to enable subsequent robust marketing mix recommendations. A good discussion of relevant market issues. However a considerable gap in the focus, depth and width of the analysis is evident, with no clear links to subsequent marketing mix recommendations. A sound, focused, critical discussion of the market is present; the argument offers clear links to subsequent marketing mix recommendations. A very good, critical and focused discussion of the market with relevant deductions offering clear links to subsequent marketing mix recommendations.;

len2197483

12/18/2018 10:40:27 PM

Research Literature is loosely related to the plan and is general. Should indicate sufficient breadth or depth of reading and/or understanding. Literature is mostly related to the plan but is general. There is a lack of depth and breadth, and largely descriptive. Relevant literature has been presented but there is lack of depth and breadth of coverage. Attempt to apply some conceptual framework, but lack clarity. Relevant literature has been presented with adequate depth and breadth. But there is evidence of gaps where further research would be appropriate. Specific and relevant choice of literature is presented evidencing wide reading and understanding of the subject matter. Good attempt at applying conceptual frameworks. A wide and relevant choice of literature presented with a well argued narrative. Impressive breadth & depth of research. Clear conceptual framework(s) applied.

len2197483

12/18/2018 10:40:21 PM

SHR037-6 Assignment 2 (Marketing Plan): Marking Grid Criteria Poor F (1-34%) Weak E (35-39%) Below Average D (40-49%) Average / Good C (50-59%) Good / V. Good B (60-69%) V. Good / Excel. A ( 70% & above) Executive Summary No clear objective, structure, indicative content, and identification of the key findings & recommendations. Objective and structure not presented clearly or are inappropriate. The focus is on the general topic. Objective and content stated but these do not adequately address the marketing plan task.. An adequate statement of the objective, structure, content and key findings and recommendations A good executive summary provided with clear objective, structure, indicative content, key findings and recommendations A very good executive summary with clear statement of the objective, structure, indicative content, key findings and recommendations

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