oxfam

In this assignment I am going to be looking at the roles of marketing in two contrasting organizations, Tesco’s and the Oxfam. Tesco is a multinational food chain based in the UK and is the second largest retailer in the world after Wal Mart. On the other hand Oxfam is an international charity consisting of seventeen organisations which work together with partners and local communities throughout 90 countries to try and help erase poverty, this is a non-profit company as at the end of the day it is providing a service. Marketing is finding ways to provide products or services to customers through advertising and promotion. Organizations set up a list of marketing objectives to which they hope to achieve by a certain time goal. Marketing objectives are goals which are set up by the business when promoting its products or service to customers. Tesco’s marketing objectives are offering customers the best value for money at the most competitive prices, they seek to meet the needs of the customers by constantly seeking feedback on service, product quality and gathering opinions and they want to work closely with suppliers so they can build a strong relationship. On the other hand Oxfam’s marketing objectives are to set fundraising targets so they can try and get as much money as possible raised so they can guarantee that they can help people in third world countries, this means they want to make sure they advertise in the right demographic to ensure that people will donate, there is no point promoting and advertising the charity in a run-down area because people aren’t likely to have enough money to look after themselves as well as giving to charity. Both companies have different marketing objectives because they have different aims at the end of the day, Tesco’s main aim is to make a profit whilst Oxfam wants to make money like Tesco but the money will be used to help people by providing a service. Whilst Tesco state that they want to have a good relationship

Bibliography: http://www.oxfam.org/en/about http://business-finance.blurtit.com/3352336/what-are-tescos-marketing-techniques http://www.tesco.com/investorInformation/report95/corpobj.html http://www.ansoffmatrix.com/ BTEC Business Level 3 Book 1 (Edexcel)