Preview

Marketing and Pick N Pay

Powerful Essays
Open Document
Open Document
1098 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Marketing and Pick N Pay
Marketing Plan

Executive summary

This marketing plan will be focusing on re-gaining the lost market share and a way to make the company a more profitable organisation without destroying the key aspects of the company.

The challenge:

Pick n Pay’s offer to the customer focuses on groceries but also goes on to providing other products to their customers such as: clothing, general merchandise, but also includes additional value-added services to cater for Pick n Pay’s customer’s and their evolving needs.

Situation Analysis:

In 1967 Raymond Ackerman purchased four small stores, launching Pick n Pay as South Africa’s first food discounter. The key aspect of the company is a quintessential family store focused on the customer. Since then Ackerman’s vision has grown and now has expanded to further countries such as: Zambia, Mozambique, Mauritius, Swaziland and Lesotho.

Company Analysis:

Due to the fact that Pick n Pay is a quintessential family store, Pick n Pay strives to address socio-economic changes through the supply of high-quality, affordable food for all customers, while providing significant employment and economic opportunities for all. The growth and success of Pick n Pay goes down to the following principals: “Consumer sovereignty; Doing good is good business; and maximising business efficiency.”

Mission: “We serve with our hearts, we create a great place to be with our minds, we create an excellent place to shop.”
Values: “We are passionate about our customers and will fight for their rights. We care for and respect each other. We foster personal growth and opportunity. We nurture leadership and vision, and reward innovation. We live by honesty and integrity. We support and participate in our communities. We take individual responsibility. We are all accountable.”

Customer Analysis:

Pick n Pay caters to all the markets of South Africa. There is no specific age to shop at Pick n Pay however the age of

You May Also Find These Documents Helpful

  • Satisfactory Essays

    This plan has a well-developed topic, and all sections and subsections of a solid marketing plan have been completed. This marketing plan contains the appropriate measurement for the objectives the company is trying to achieve. The plan is consistent has a sense of cohesiveness throughout the sections. The plan also follows APA style formatting throughout the text body, headings, references, and tables. Overall the piece has a professional appearance with very few errors, and is logical. The plan refreshes the point and its strategic objectives.…

    • 311 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Values: Accountable: We do what we say we will do, Customerfocused: We succeed only when we exceed the…

    • 399 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    We believe that the differences among companies are attributable to the caliber of their people, and therefore we strive to attract and retain superior people for each job. We believe that an open family atmosphere at work combined with professional management fosters cooperation and enables each individual to maximize his or her contribution to the Company and realize the corresponding rewards. We do not jeopardize long-term growth for immediate, short-term results. We maintain a conservative financial posture in the deployment and management of our assets. We run a trim operation and continually strive to eliminate waste, minimize cost and implement performance improvements. We invest in the latest and most productive equipment to deliver the best quality product to our customers at the lowest cost. We seek to outsource functions where appropriate and to vertically integrate operations where it is financially advantageous to do so. We view our well known brands as prized assets to be aggressively advertised and promoted to each new generation of consumers. We conduct business with the highest ethical standards and integrity which are codified in the Company’s “Code of Business Conduct and Ethics.”…

    • 20005 Words
    • 81 Pages
    Good Essays
  • Good Essays

    The company strongly believes in the importance of highly motivated staff that identifies with the chain’s values and gives them the opportunity to advance. By providing above-average wages, social benefits and other perks In-N-Out pays tribute to the importance of their associates. The foundation of a company-owned university guarantees extraordinarily-trained personnel that internalizes the „customer is everything“-philosophy.…

    • 860 Words
    • 4 Pages
    Good Essays
  • Good Essays

    In 1997, they were largely a food retailer so they set themselves the challenge of becoming ‘as strong in non-food as in food’.…

    • 585 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    A well-developed marketing plan is an essential blueprint for a business to attain the prime financial support and consumer base it requires in order for it to develop and grow. A marketing plan’s detailed structure allows manager’s to define the business’ marketing strategies in clear and in-depth formats that feature a precise roadmap to future growth and expansion. A first class and properly structured marketing plan will guide the entire organization’s marketing actions and keep them focused and dedicated toward achieving the company 's overall goals and strategies.…

    • 2541 Words
    • 11 Pages
    Powerful Essays
  • Better Essays

    Supermarket brands provide people with a wide variety of options for meeting their shopping needs, with not only the specific types of products and goods offered, but by the unique level of quality and service to which those goods and services reach the minds of consumers. Over the years, these supermarket brands have maintained a firm and loyal customer base while consistently acquiring new ones, using various marketing tools; such as the four P’s of marketing. Offering benefits like, everyday low prices, loyalty rewards, and store credit cards demonstrate examples of how supermarket brands implement various marketing tools. Delight and devotion for a particular brand are one of the many things manufactures strive for and businesses value; combing that with reasonable prices and other incentives creates an environment for loyal customers develop.…

    • 1183 Words
    • 4 Pages
    Better Essays
  • Good Essays

    The New Age of Wal-Mart

    • 716 Words
    • 2 Pages

    Walmart’s meteoric rise is one of the great super global powers beginning in probably one of the most unlikely settings, the farmlands of Bentonville, Arkansas, a low-wage region of America. During the formative stages, some useful strategies were employed that started this super store on the right track to the extraordinary success it is today. As explained by author Nelson Lichtenstein of The Retail Revolution: How Walmart Created a Brave New World of Business, founder Sam Walton was lucky to begin the journey during the 1960s and 70s, when there was a tremendous surplus of white women working farm labor. These women departed from these positions of meager wages to work for Sam, who at the right place and the right time took (ethical) advantage of them. They were very grateful of his accommodations, along with his tremendous enthusiasm and care for family. A blending of these strategic practices was very successful, as people were perfectly content with whatever wages they received, which leads me to the second strategy.…

    • 716 Words
    • 2 Pages
    Good Essays
  • Best Essays

    Walgreens Strategic Analysis

    • 2614 Words
    • 11 Pages

    respect and dignity and do the same for all we serve. We will offer employees of…

    • 2614 Words
    • 11 Pages
    Best Essays
  • Good Essays

    Subway Secondary Research

    • 608 Words
    • 3 Pages

    In spite of the economic crisis, the overall fast-food and home-delivery industry has remained resilient. The good value and convenience that this type of restaurant offers makes it popular among consumers in the UK. When eating out, Britons are increasingly opting to eat more fast food. Its inexpensiveness has been a key factor in this trend. Moreover, consumers lead increasingly fast-paced lifestyles, and as a result, they are eating their meals on-the-go, as well as looking for hassle-free solutions, which are prepared easily and quickly — two defining traits of fast food and takeaways. These factors are giving the total industry an advantage over competitors. Moreover, an influx in innovative flavours and healthier products in the market has helped to boost companies’ sales, by bringing new excitement to menus, offering more choice to consumers than ever before and appealing to a broader consumer base.…

    • 608 Words
    • 3 Pages
    Good Essays
  • Good Essays

    In 2003, CEO Sam Palmisano authorized a bold effort to refresh the values via an IBM “values…

    • 1168 Words
    • 5 Pages
    Good Essays
  • Satisfactory Essays

    Putting Members First

    • 312 Words
    • 1 Page

    At Nationwide we want to work with people who share our values. In 200 - 300 words what do Nationwide’s values mean to you? And how do you exhibit these when you work with others?…

    • 312 Words
    • 1 Page
    Satisfactory Essays
  • Good Essays

    Hospice Site Orientation

    • 433 Words
    • 2 Pages

    We serve our customers - by being responsive, innovative, and by improving the quality of life.…

    • 433 Words
    • 2 Pages
    Good Essays
  • Satisfactory Essays

    We value that every action is shaped by a relentless commitment to meeting and exceeding customer…

    • 300 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Shoprite South Africa

    • 1181 Words
    • 5 Pages

    The Shoprite Group (www.shoprite.co.za) is one of South Africa’s largest food retailers. It owns a whole range of brands with which it attempts to serve the South African food retail market. It has also succeeded to export its business model to the rest of Africa, the only South African retail company to have done so with considerable success. They were clever enough to develop a business model to fit the situation in Africa. They are facing stiff competition from Pick ‘n Pay (www.pnp.co.za) and Woolworths (www.woolworths.co.za). Until a few years ago, the brands Shoprite and Checkers were used interchangeable, to the extent that the market became confused with the situation. About 6 years ago, the Shoprite Group decided to separate the 2 brands, and to launch marketing and branding campaigns to raise the level of Checkers to be able to compete with both Pick ‘n Pay and Woolworths. For your convenience please study the following: • The following websites: o http://www.shoprite.co.za o http://www.shopriteholdings.co.za o http://www.pnp.co.za o http://www.woolworths.co.za o http://www.fastmoving.co.za o http://www.theretailer.co.za o http://www.euromonitor.com/Retailing_in_South_Africa These websites will give you interesting information on the local and international market trends. You need to understand the context of the retail industry and the issues that are prevalent in the industry in order to understand the strategies and activities of Shoprite.…

    • 1181 Words
    • 5 Pages
    Powerful Essays