Preview

Marketing Communication Stratergy of Tesco

Better Essays
Open Document
Open Document
1474 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Marketing Communication Stratergy of Tesco
Brand heritage

Tesco is the largest and most popular supermarket chain in Britain today. They have also branched out into many areas other than groceries as they strive to satisfy their customer's needs in every which way possible. This need to keep their customers happy is of core importance to their brand.

Tesco was founded in 1924 and adopted the strategy of ‘pile it high, sell it cheap'; although today's strategy is much more sophisticated than this it does still hold some similarities. They strive to be the best value company in all of the market segments they enter. Over the years Tesco has used a complex marketing strategy in order to successfully communicate this message to their audience.

The Tesco brand is associated with the slogan ‘Every Little helps' it has been used for many years now as a marketing tool to communicate to customers what the company stands for. The slogan has penetrated into the minds of the customers through many forms of promotion; the most obvious being their point of sale communication (POS). It can be seen from the moment you reach the car park to the bags you hold as you leave. However, it is not enough to come up with a catchy slogan; it has to be seen to mean something or customers will loose faith.

Over the years Tesco has been responsible for several small revolutions in retailing which have help make it the company it is today. An article by Corporate Watch (2004) states that in 1993 Tesco introduced some of the first own-label goods. The ‘value' range captured the mood of the nation after years of recession and also gave meaning to the slogan ‘every little helps'.

The most important revolution was the introduction of the Tesco Clubcard in 1995. This sophisticated tool has enabled Tesco to learn important information about its customers which in turn has been used to improve Tesco's marketing strategy. It has helped implement many successful marketing communication campaigns due to heightened awareness of

You May Also Find These Documents Helpful

  • Satisfactory Essays

    Unit 2 P3

    • 974 Words
    • 4 Pages

    Tesco PLC are a team of 530,000 people in 12 markets dedicated to bringing the best value, choice and service to their millions of customers each week. Tesco was founded in 1919 by Jack Cohen and started out as selling products from a market stall. The Tesco name first appeared after a shipment he ordered for tea from T.E. Stockwell so he combined those initials with the last two letters of his surname to make Tesco. Tesco has roughly 6,300 stores worldwide and continue to grow. Their revenue for 2013 was £64 billion. Over this past year Tesco have opened 166 new stores (mostly Tesco Express) worldwide.…

    • 974 Words
    • 4 Pages
    Satisfactory Essays
  • Powerful Essays

    Business Unit 1 Assignment 2

    • 3096 Words
    • 13 Pages

    In the United Kingdom Tesco have over 290,000 employees and over 2700 stores. Tesco started trading in the United Kingdom in 1924. Growth in the UK businesses comes from new space, extensions to existing stores and a multi-format approach. Sales of general merchandise, clothing and electrical also form another key of their strategy and also contribute to the over all growth. Their success begins with delivering a great shopping trip in every one of their stores. They also have the widest range of any food retailer including the leading own label range. Finest and Value are the two largest food brands in the UK – bigger than Coca-Cola – each with more than £1 billion of sales per year.…

    • 3096 Words
    • 13 Pages
    Powerful Essays
  • Good Essays

    Tesco is a business that always wants to make profit as an aim. The marketing department will go out and see what consumers are looking for, it might be child toys or adult electronics, and then the sales department will go and increase prices or sell more of the products.…

    • 1643 Words
    • 7 Pages
    Good Essays
  • Good Essays

    Tesco’s main aim is to stay the leading supermarket and to have a competing chance with prices. Also to maximize their sales.…

    • 718 Words
    • 3 Pages
    Good Essays
  • Better Essays

    Tesco Coursework

    • 11594 Words
    • 47 Pages

    Tesco is well known for its ‘Every Little Helps’ philosophy and apart from wanting to make a profit, it aims to provide prices…

    • 11594 Words
    • 47 Pages
    Better Essays
  • Satisfactory Essays

    unit 1

    • 318 Words
    • 2 Pages

    The purpose of this business (Tesco) is to provide the public with quality food and groceries as well as making money and being the number retailing company out of 3 (Tesco, Sainsbury’s, Asda ).…

    • 318 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Tesco was founded in 1919 by Jack Cohen from a market stall in London’s East End. Over the years our business has grown and we now operate in 12 countries around the world, employ over 530,000 people and serve tens of millions of customers every week. We have always been committed to providing the best shopping experience. Today we continue to focus on doing the right thing for our customers, colleagues and the communities we serve.…

    • 326 Words
    • 1 Page
    Satisfactory Essays
  • Better Essays

    Tesco have finest, regular and value products within their range offering choice of value and quality. This creates an ease and simplicity for their customers to choose the right price for their budget using dynamic pricing. Although this doesn’t affect Tesco’s decision it can benefit them as many of the customers may find a cheaper version of the product they want and buy more because of this. This easy access to many price ranges gives Tesco the opportunity to provide to all their customers and reach more people with their ranges to suit. [4][6]…

    • 2622 Words
    • 11 Pages
    Better Essays
  • Powerful Essays

    Tesco became so successful when they analysed what people were buying and made their own products and lowered the prices. Also, because Tesco try to make their products cheaper than other stores like Asda and Sainsbury’s etc.…

    • 1985 Words
    • 8 Pages
    Powerful Essays
  • Powerful Essays

    Tesco Oxfam

    • 1540 Words
    • 6 Pages

    Tesco’s is one of the biggest company’s in the whole of England and Is well known as a grocery store and a merchandise retailer. It was founded in 1919 in hackney, London. The founder of the company ‘Tesco” is Jack Cohen; Tesco’s has over 6500 stores around the world and also has over 600,000 employees.…

    • 1540 Words
    • 6 Pages
    Powerful Essays
  • Satisfactory Essays

    Another corporate strategy that implemented by Tesco is diversification. According to Johnson and Scholes (2003), they believe that when the business environment change, it is necessary for an organization to create new products and services in order to consolidate their market (as cited in Ivory Research, 2009). The top managements of Tesco have to take this strategy seriously, because changing not only can strengthen their competence but also can make thing worst. Diversification need to implement in the right way and right time. For the case of Tesco, they are trying to design different store formats from other hypermarket. This…

    • 358 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Mission Statement of Tesco

    • 1041 Words
    • 5 Pages

    * “To appeal to all segments of the market” ,One plank of this strategy has been Tesco's use of its own-brand products, including the up market "Finest", mid-range Tesco brand and low-price "Value" encompassing several product categories such as food, beverage, home, clothing, Tesco Mobile and financial services.…

    • 1041 Words
    • 5 Pages
    Good Essays
  • Better Essays

    Marketing Principles Tesco

    • 2460 Words
    • 10 Pages

    Tesco is top leading retailer in UK. It manages thousand shops in UK, Ireland, Central Europe and Asia. Tesco brand first appear I 1947 when he bought shipment of tea from MRT E.Stockwell. From that time Tesco slowly improve in retail business and now they are take top position in UK retail business. Tesco aim is to provide best products for their customer and make sure for customer requirements.…

    • 2460 Words
    • 10 Pages
    Better Essays
  • Powerful Essays

    TESCO

    • 1517 Words
    • 7 Pages

    TESCO is a public limited company. It is a retailing industry. It founded in year 1919 at Hackney, London and England. TESCO also have many products such as Supermarket, Hypermarket and Superstore. There are many retail shops in the TESCO.…

    • 1517 Words
    • 7 Pages
    Powerful Essays
  • Satisfactory Essays

    Introduction to Tesco

    • 259 Words
    • 2 Pages

    Tesco is the largest British retailer and is also world’s third largest retailer with outlets across Europe, USA and Asia. They come with one purpose which is creating value for money to earn customers’ life loyalty. The business began in 1919, one man named Jack Cohen selling groceries from a stall in the East end of London. He bought surplus stocks of tea from T.E.Stockwell. This company and Cohen combined their names to brand the tea Cohen originally sold- TESCO tea. In 1929, the first Tesco opened in north London.…

    • 259 Words
    • 2 Pages
    Satisfactory Essays

Related Topics