Geschreven door studenten die geslaagd zijn Direct beschikbaar na je betaling Online lezen of als PDF Verkeerd document? Gratis ruilen 4,6 TrustPilot
logo-home
Essay

M1: compare the marketing techniques used in marketing products and services

Beoordeling
3.0
(1)
Verkocht
1
Pagina's
4
Geüpload op
26-11-2014
Geschreven in
2014/2015

Essay of 4 pages for the course Unit 3 : M1 at Carshalton College (London)

Instelling
Vak

Voorbeeld van de inhoud

M1

In this task, I will compare the marketing techniques used in marketing products and services in
Tesco and Oxfam.

Relationship Marketing:

Relationship marketing is vital as it attracts the lifetime loyalty of customers. To begin with, Tesco
and Oxfam both have similar strategies to boost the relationship between them and the customers
and donators. Both organisations use comparable methods of communication to reach their
customers. For example, the two companies make use of newsletters and updates to keep in touch
with potential sources of income. Tesco provides brochures to keep customers informed about
special deals and offers and Oxfam distributes leaflets to notify the general public about their
progress and thus encourage them to donate. In addition to this, both organisations have their
customer service, which enables them to clarify any ambiguities through enquiries. This facility
encourages verbal communication between the company and the public and in most cases
strengthens their relationship. Furthermore, nowadays technology has earned a considerable place
in our daily lives. As a result, the website of Oxfam and Tesco can be used to further promote their
businesses and indulge the interest of potential buyers and donators.

On the other hand, there are also differences in the marketing techniques of the two organisations.
Tesco is a profit-making company, whereas Oxfam is a charity and relies on donations. This means
that Tesco can afford to spend more on events and magazines. The organisation can also distribute
loyalty cards and monitor customers’ purchases. Therefore, if a client is regularly buying baby
products, it will be indicated on the system. Consequently, Tesco can send vouchers and inform
them of offers on related products. Services like these nurture the loyalty of customers and
encourage them to shop at Tesco. It costs a considerable amount of money but the organisation
knows that if they are successful in impressing them, then the lifetime value of a customer will more
than cover the cost of these. Oxfam however, has limited resources as it has to save as much money
as possible to help those in need. As a result, it cannot afford to spend much on exclusive privileges
and has to stick to simple newsletters, updates, blogs, websites, press releases, free pens and T-
shirts. The organisation must try to identify who the valuable customers might be, and then find a
way to attract and keep them.

Branding and Buyer behaviour:

A strong, unique and successful brand can stay in customers’ mind and influence buyer behaviour.
Once a company has established a brand, which is the case for Tesco and Oxfam, it can bring out
new products and services with less fear of failure. The reason being is, customers already know
about the brand, either because they have tried it before, heard about it, or simply because it has a
long history. Companies can build their brand by using a consistent image, font, corporate colours,
shapes and slogans.

Both Oxfam and Tesco work towards reinforcing their brand. Oxfam has the green symbol and its
slogan is ‘Be Humankind’, whereas Tesco has its name in red and underlined in blue, with the
following slogan: ‘Every Little Helps’. Their brand is then reinforced through different way; staffs’
uniforms, shop fronts, packaging, badges, hoardings, banners, posters on delivery vans...

Geschreven voor

Instelling
Studie
Vak

Documentinformatie

Geüpload op
26 november 2014
Aantal pagina's
4
Geschreven in
2014/2015
Type
ESSAY
Docent(en)
Onbekend
Cijfer
Onbekend

Onderwerpen

$6.90
Krijg toegang tot het volledige document:

Verkeerd document? Gratis ruilen Binnen 14 dagen na aankoop en voor het downloaden kun je een ander document kiezen. Je kunt het bedrag gewoon opnieuw besteden.
Geschreven door studenten die geslaagd zijn
Direct beschikbaar na je betaling
Online lezen of als PDF

Beoordelingen van geverifieerde kopers

Alle reviews worden weergegeven
10 jaar geleden

10 jaar geleden

3.0

1 beoordelingen

5
0
4
0
3
1
2
0
1
0
Betrouwbare reviews op Stuvia

Alle beoordelingen zijn geschreven door echte Stuvia-gebruikers na geverifieerde aankopen.

Maak kennis met de verkoper

Seller avatar
De reputatie van een verkoper is gebaseerd op het aantal documenten dat iemand tegen betaling verkocht heeft en de beoordelingen die voor die items ontvangen zijn. Er zijn drie niveau’s te onderscheiden: brons, zilver en goud. Hoe beter de reputatie, hoe meer de kwaliteit van zijn of haar werk te vertrouwen is.
Nishka John Ruskin College (London)
Volgen Je moet ingelogd zijn om studenten of vakken te kunnen volgen
Verkocht
1645
Lid sinds
11 jaar
Aantal volgers
942
Documenten
126
Laatst verkocht
4 maanden geleden

Hey Peeps... I know how stressful assignments can be, having gone through the process myself. Therefore, I have uploaded some of my work to make it easier for you all to achieve higher grades in your BTEC course especially. Do not hesitate to download any documents and leave any constructive feedback. Goodluck throughout the academic year! xxx

3.6

272 beoordelingen

5
108
4
65
3
37
2
18
1
44

Recent door jou bekeken

Waarom studenten kiezen voor Stuvia

Gemaakt door medestudenten, geverifieerd door reviews

Kwaliteit die je kunt vertrouwen: geschreven door studenten die slaagden en beoordeeld door anderen die dit document gebruikten.

Niet tevreden? Kies een ander document

Geen zorgen! Je kunt voor hetzelfde geld direct een ander document kiezen dat beter past bij wat je zoekt.

Betaal zoals je wilt, start meteen met leren

Geen abonnement, geen verplichtingen. Betaal zoals je gewend bent via iDeal of creditcard en download je PDF-document meteen.

Student with book image

“Gekocht, gedownload en geslaagd. Zo makkelijk kan het dus zijn.”

Alisha Student

Bezig met je bronvermelding?

Maak nauwkeurige citaten in APA, MLA en Harvard met onze gratis bronnengenerator.

Bezig met je bronvermelding?

Veelgestelde vragen