Preview

Sostac Model Company

Good Essays
Open Document
Open Document
443 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Sostac Model Company
The assignment:
A precise rationale, and justification, for sustainable life-time customer/consumer value, detailing a proposed, new marketing ‘initiative’ recommended for your brand/organisation (or your chosen brand/organisation), your ‘critical assessment/evaluation’ of your chosen direction, how it aligns with your organisation’s corporate direction together with a full critical evaluation of the data on which it is based, together with a SOS(TAC) Marketing Plan framework. SMART Objectives are anticipated as well as elaboration of the (marketing/operational) advantages/benefits and implications for your organisation and its customers.
(30%)
2) In implementing your chosen option (SOS)TAC, demonstrate in detail how the organisational processes towards implementation of both Marketing and Operations must work, and integrate, together effectively as disciplines, functions and departments for the successful introduction of sustainable customer/consumer value. You are likely to develop a strategic perspective on the 7Ps of Marketing and an Appendix MS Project/Gantt Chart (50+ activities) to evidence the nature and sequence of actions that the organisation must undertake, including internal marketing and partnership collaboration. (30%)
3) Insightful and critical assessment/evaluation of those areas of ‘difficulty’ and ‘integration’ that you argue as ‘high risk’. For example;
You need to explain and critically evaluate how both marketing and operations will integrate to support and drive your chosen initiative. Show how marketing and operations can be harmonised into one cohesive organisational strategy, and critically develop a ‘risk assessment model’ of thefeasibility, acceptability, viability, sustainability, vulnerability of all areas considered in your chosen strategy
• Marketing: changes in consumer buyer/user expectations and/or behaviour associated in dealing with this medium; sub-branding issues, pricing/value strategies, customer service, benefits

You May Also Find These Documents Helpful

  • Better Essays

    1. Create or describe a strategy for your firm, as operationalized by Collis and Rukstad. Be sure to be comprehensive and specific when separately describing your objective/scope/advantage and the subcomponents of each one. As a final portion of your answer, append and describe the activity-system map of your firm. [Figure 1]…

    • 3509 Words
    • 11 Pages
    Better Essays
  • Good Essays

    CLOROX

    • 759 Words
    • 3 Pages

    I recommend revamping the existing marketing mix around the sustainable products since clearly the three year old marketing program was not very successful as the product awareness could not achieve a long term position. The products were seen as ‘fads’, not as superior…

    • 759 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    The objective of this assignment is to conduct an early analysis, identify and evaluate all the marketing factors and develop a DETAILED PLAN with key facts, data and marketing points under relevant headings in preparation and assisting with the major assignment. You are required to conduct research, read widely and draw information from current affairs, and from the relevant sections of the material covered in lectures and tutorials.…

    • 3054 Words
    • 13 Pages
    Powerful Essays
  • Powerful Essays

    Assessment Task 1 2

    • 2844 Words
    • 13 Pages

    -Initiate and implement the ‘Go Green’ project to promote the sustainability features of our products to customers…

    • 2844 Words
    • 13 Pages
    Powerful Essays
  • Powerful Essays

    Garmin Is the First Company

    • 9288 Words
    • 38 Pages

    5. Kerin, Roger A., Steven W. Hartley, Eric N. Berkowitz, and William Rudelius. Marketing. 8th ed. New York City: McGraw-Hill/ Irwin, 2006.…

    • 9288 Words
    • 38 Pages
    Powerful Essays
  • Powerful Essays

    In order to respond most effectively and efficiently to changing world, marketers must have a clear understanding and accurate picture of the directions those changes are taking. Such a picture cannot emerge without a consideration of the evolving nature of business and consumers. The emergence of both enormous technological advances and excessive supply make the prediction of what will happen in the next few years to business in general and the communications business in particular both very easy and very difficult. Very easy because we know that things will have to adapt to the new opportunities and the fact that the customer is king, Very difficult because the things we have grown used to trusting appear to be changing so fast that we cannot understand them anymore, and the approaches that we thought were acceptable to consumers are not so welcome. Much has changed in the way that traditional communications about brands the development of the internet and the World Wide Web has changed the needs of business, and the speed of business. Internet also speeded up the transmission of information around the world that as new approach to products,…

    • 3317 Words
    • 14 Pages
    Powerful Essays
  • Best Essays

    Case Study: Aquascutum

    • 3088 Words
    • 13 Pages

    Marketing has evolved through a change in production and consumption due to the advent of new technology (Ranchhod, 2004). The development of technology has also driven the globalisation of communication. During this period, consumers are facing a variety of choices (Jackson and Shaw, 2009). Thus, companies need to actively embrace these changing factors to grow their business and succeed in the marketplace.…

    • 3088 Words
    • 13 Pages
    Best Essays
  • Better Essays

    Kerin, R. & Berkowitz, E, Hartley, S, & Rudelius, W. (2006). Marketing (8th ed.). New York: McGraw-Hill/Irwin…

    • 966 Words
    • 4 Pages
    Better Essays
  • Powerful Essays

    diversity training teach

    • 7319 Words
    • 23 Pages

    With the proliferation and fragmentation of media, the marketing landscape has become much more complex. The good old days when marketers more or less had complete control over what consumers experienced via traditional offline and online push media and channels are long gone. That world has been replaced by one where these traditional channels now coexist with other, newer influences on the customer experience, some of which are outside the control and even the direct visibility of the marketer.…

    • 7319 Words
    • 23 Pages
    Powerful Essays
  • Powerful Essays

    Marketing & sustainability

    • 1346 Words
    • 5 Pages

    Peattie, K & Belz, FM 2010 ‘Sustainability Marketing – An Innovative Conception of Marketing’ Marketing Review St. Gallen, vol. 27, no. 5, pp. 8-15.…

    • 1346 Words
    • 5 Pages
    Powerful Essays
  • Satisfactory Essays

    Kotler, P. , Wong, V., Saunders, J., Amstrong, G., 2005. Principles of Marketing 4th, edition Pearson educational editorial.…

    • 1098 Words
    • 6 Pages
    Satisfactory Essays
  • Satisfactory Essays

    To discuss administrative issues and general discussion about marketing concepts, study method and coursework with students.…

    • 1132 Words
    • 5 Pages
    Satisfactory Essays
  • Powerful Essays

    Csr on Marks and Spencer

    • 1358 Words
    • 4 Pages

    Marks and Spencer are the UK’s leading retailer of quality clothing, food and home products with over 21 million UK customers. They have a team of 78,000 employees and over 2,000 suppliers. In January 2007 Marks and Spencer launched ‘Plan A’ (because there is no Plan B). Plan A is their five year, 100 point eco plan to combat climate change, reduce waste, safeguard natural resources, trade ethically and build a healthier nation. Plan A is based on five pillars. These pillars represent five key areas where they believe they can make their business more sustainable and kinder to the environment. The five key pillars are: Climate change, Waste, Sustainable raw materials, Fair Partner and Health. Each pillar has a primary end target these being: to become carbon neutral, send no waste to landfill, extend sustainable sourcing, help improve the lives of people in their supply chain, help customers and employees live a healthier life style. A brief overview of these pillars can be found in Appendix A. Plan A has been incorporated into the day to day working routine and become integral at every level.…

    • 1358 Words
    • 4 Pages
    Powerful Essays
  • Powerful Essays

    Major Assignment

    • 2900 Words
    • 12 Pages

    The purpose of this assignment is for you to apply key marketing concepts to a given product/service, the emphasis being on the elements that make up the marketing mix. The knowledge you gain over the period of the course will allow you to successfully complete and submit the required report. The product/service scenario to be used this semester follows after the report instructions.…

    • 2900 Words
    • 12 Pages
    Powerful Essays
  • Satisfactory Essays

    This is the crucial stage in Hill’s methodology where any mismatches between the requirements of the organisation’s strategy and the operations’ capability are revealed. This step provides the link between corporate marketing proposals and the operations processes and infrastructure necessary to support them. This is achieved by translating the marketing strategy into a range of competitive factors (e.g. price, quality, delivery speed) on which the product or service wins orders. These external competitive factors provide the most important indicator as to the relative importance of the internal operations performance objectives. The five basic…

    • 547 Words
    • 2 Pages
    Satisfactory Essays