Preview

Dr.Thanh

Satisfactory Essays
Open Document
Open Document
8644 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Dr.Thanh
PREFACE
Marketing is perhaps the most important activity in a business because it has a direct effect on profitability and sales. Larger businesses will dedicate specific staff and departments for the purpose of marketing.
It is important to realize that marketing cannot be carried out in isolation from the rest of the business for the reason that Marketing connects the business with its target market and then becomes the major link between the business and its customers.
As the market changes and becomes more competitive, the business needs to know and understand its target market so that it can provide better service to its customers. Successful marketing will identify customer needs, and then, plan price, promote and distribute the products and services that will satisfy these needs.
In a famous book- Principles of marketing, Phillip Kotller said: "Marketing is all around us." Yes, the more goods are produced, market are developed, the more competitive, the more important marketing are. In this world "we are all customer."
How does marketing play an important role in the survival and success of a product? How does a company use marketing tools effectively? Anybody who takes first steps into marketing is keen to learn, keen to get his goal. To explore and clarify these issues, our group decided to choose Dr. Thanh herbal tea of Tan Hiep Phat for analyzing. Tan Hiep Phat is a leading beverage company in Vietnam with famous products. How did they apply proper marketing stools and create successful future? How do they adjust their marketing strategy when market changes?
CONTENT
Contents
I. INTRODUCTION 1 Tan Hiep Phat Group 1 Dr.Thanh Herbal Tea (Dr.Thanh) 2
II. MACROENVIRONMENT 4 1. Economic environment 4
a. In the world: 4
b. In Viet Nam: 5 2. Political and legal environment 5
a. Political environment: 5
b. Legal environment: 5 3. Globalization 7
a. Opportunities: 7
b. Challenges: 8 4. The social cultural environment 9
a.

You May Also Find These Documents Helpful

  • Good Essays

    Marketing is a function within in a business that has become increasingly important over the years. Long before the growth of the web , it was essential for businesses , if they were to compete successfully , to think about how their products would meet the needs of the people who might buy them. If they failed to do this , people would stop buying the products.…

    • 918 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Sh3050 Unit 4

    • 4636 Words
    • 19 Pages

    Marketing is an essential part to the Organisations survival as we live in a customer driven environment that is possessed with endless aggressive competition. Thus the marketing process and effectiveness is important.…

    • 4636 Words
    • 19 Pages
    Good Essays
  • Better Essays

    Marketing is above all satisfying customer needs and as competition grows fiercer and fiercer, understanding customers today is crucial; but that is not enough. Under the marketing concept, companies try to gain competitive advantage by satisfying target consumer needs better than competitors do, and in achieving this, ensure their own survival.…

    • 5258 Words
    • 22 Pages
    Better Essays
  • Good Essays

    An important strength of the North was its manufacturing capabilities. Factories could mass produce weapons while the South had few facilities capable of providing weapons. The North had experienced an industrial revolution in which many factories produced supplies necessary for an army. Another strength of the North was that it had better railroads and highways, including naval shipping resources used to re-supply forces. The North possessed a large amount of the country's railroad and canal systems. The railroads and canals was necessary for a quick and easy transportation of troops and supplies. More railroads also meant better communication. The North had about 13,000 miles more railroad than the South which meant that the North could reinforce troops quicker.…

    • 568 Words
    • 3 Pages
    Good Essays
  • Better Essays

    bus 330 week 5 final

    • 1767 Words
    • 5 Pages

    Marketing defined is as the method by which companies generate value for consumers and build on that value by building strong relationships with the customers. Marketing involves more than just selling and advertising, but it also entails understanding consumer needs and developing products and services to satisfy those needs while earning the trust of the consumer with honestly reporting the quality of a product. It consists of those efforts which effect transfers in the ownership of goods and care for their physical distribution. Marketing grew out of the division of labor manifested through large scale production and the localization of industry. The marketing process involves the following steps: understanding consumers; creating customer values; building strong consumer relationships; creating marketing strategy; and capturing the value from consumers (White, 2012). Through this paper the process of marketing will be broken down and delved into.…

    • 1767 Words
    • 5 Pages
    Better Essays
  • Good Essays

    Marketing is extremely important to any organization and to the overall success achieved by organizations. The heart of any business success lies in the strength of its marketing. Most aspects of any organization or business will depend on successful marketing. A sound marketing plan will include advertising, public relations, promotions and sales. Marketing is the way a business or organization will introduce the product or service to potential customers. Without an effective marketing operation an…

    • 867 Words
    • 3 Pages
    Good Essays
  • Better Essays

    Marketing can come in many terms depending on which product is marketed. It is my assertion that marketing is basically an activity used to sell a product which requires sells techniques, business communication, and business development. The marketing process includes strong customer relationships and a commitment to the business customers. Businesses both large, and small desire to retain their customers; therefore, to make customers happy businesses will make customers the focal point of the product. During the entire marketing process, the organization will concentrate on building, and maintaining good customer relationships.…

    • 1051 Words
    • 5 Pages
    Better Essays
  • Powerful Essays

    In 2007, GDP ended at 3.1% in America and 2.1% in Eurozone; and is expected to drop further during 2008. According to Jim Ziemer, Chief Executive Officer of Harley-Davidson, Inc., “these are challenging times in the…

    • 10696 Words
    • 43 Pages
    Powerful Essays
  • Better Essays

    Case of Ford Pinto

    • 998 Words
    • 4 Pages

    1. Amy B. Perrault Individual Assignment | Number One MBA605 – Business Ethics & Social Responsibility | Jan Ruder, Ph.D. November 11, 2007…

    • 998 Words
    • 4 Pages
    Better Essays
  • Good Essays

    Defining Marketing Paper

    • 837 Words
    • 4 Pages

    According to the Basic Marketing text, marketing provides needed direction for production and helps make sure that the right goods and services are produced and find their way to consumers (Perreault & McCarthy, 2004). For now, it is enough to see that marketing plays an essential role in providing consumers with the need-satisfying goods and services and, more generally, in creating customer satisfaction (Perreault & McCarthy, 2004).…

    • 837 Words
    • 4 Pages
    Good Essays
  • Best Essays

    Virgin Holdings Ltd is an expert in the domestic and international travel industry. Previously known as Virgin Blue, and came to the Australian market in year 2000. Virgin is part of Virgin Group consisting of 400 other companies and founded by Richard Branson. At fiscal year end June 2012, flights operated reached 162,817 and 19,468,929 people were carried to 52 destinations. Revenue is $4,175 million with 5,300 employees. Virgin operates globally but domestic operations are the main income stream. Product line for short haul and long haul international flights as well as domestic include saver lite, saver, flexi, premium saver, premium, business saver, business.…

    • 1601 Words
    • 7 Pages
    Best Essays
  • Satisfactory Essays

    Over the past two decades marketing has seen various changes. These changes are mainly coming from the intervention in technology, especially with the application of information technology (IT). Yet, as more marketing changes, more it seems they are the same. It is still a dynamic, competitive and creative activity that is the part of our day to day life. Marketers always wanted to understand the need of the market and try to satisfy the consumer demand. For this, they create or modify products or services, communicate about the new products or services and their benefits, distribute and sell in such a manner so that customers can get the maximum value from the product/services. In this process, they have to understand the target segment, their willingness to buy and ability to buy, economic condition, communication strategy, competitors offering in the market, pricing strategy, supply chain network,…

    • 458 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Define Marketing Paper

    • 967 Words
    • 4 Pages

    Marketing is very important to the success of a business. Before people can buy a product or service they have to know about it. However, marketing entails more than just letting people know what your company has to offer. Throughout this paper, I will define marketing, offering my personal definition as well as more formal definitions from other sources. Furthermore, I will explain to the reader the importance of marketing to organizational success giving real world examples in support of this explanation. The field of marketing can include many things. I believe, however, the most important thing which it should include is communication with customers as to the value and benefits of using that particular company's products and services. It should help to establish the business's niche in the industry and distinguish it from other such businesses.…

    • 967 Words
    • 4 Pages
    Good Essays
  • Satisfactory Essays

    Even though I am not a marketing major, I think that it is very important in any type of job you have. A company needs to be able to promote whatever it does to let people know what they do and what kind of products or services that they offer. There is not one type of business that does not use some type of marketing in their everyday work. Overall, marketing is very important to every aspect in a person’s life when they are buying products or with their job. Marketing is used every day even if one does not realize…

    • 334 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Abraham Maslow sought to explain why people are driven by particular needs at particular times. Why does one person spend a lot of time and energy on personal safety and another on gaining the esteem of others? Maslow’s answer is that human needs are arranged in a hierarchy, as shown in the table below, from the most pressing at the bottom to the least pressing at the top. They include physiological needs, safety needs, social needs, esteem needs, and self-actualization needs.…

    • 4382 Words
    • 15 Pages
    Powerful Essays

Related Topics