Term Paper on "Marketing Questions 1. Describe the Marketing Strategy"
Term Paper 8 pages (3435 words) Sources: 1+
[EXCERPT] . . . .
Marketing Questions1. Describe the marketing strategy currently used by this restaurant. Do
you that this approach is effective? What suggestions would you make to
improve the restaurant's marketing programme.
Van-Oriental Restaurant's marketing strategy concentrates on the expertise
of its executive chef, Mr. Joseph Ma, and his range of Chinese cooking
styles including Shanghai, Szechwan and Cantonese in addition to
underscoring his international experience. The intent of relying on Mr.
Ma's expertise is to attract discerning customers who can appreciate his
talents at preparing foods in styles appropriate to each area mentioned.
To broaden the potential customer base, the advertisement also mentions
they offer Western dishes prepared in Hong King Style, and also have become
known as a "famous BBQ Specialist" as well. The marketing strategy also
stresses convenience, with dine-in, take-out and free delivery as well. In
attempting to attract as many customers as possible, this marketing
strategy has become diluted and less relevant to one specific segment.
Speaking to as many potential customer segments as possible instead of
focusing on the needs and preferences of one this marketing strategy
appears to be so broad as to lessen the value of the high-end of its
offerings and make the ancillary offerings appear to be just added on to
attract more customers. It is uncommon for a restaurant to call itself a
famous BBQ specialist while also having a well-known executive chef on
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restaurant is sending mixed messages with its marketing strategy today. The
restaurant must decide who its primary customer segment is and re-align its
marketing strategy appropriately. Mentioning fine Chinese cuisine and the
exclusivity of a world-renowned chef Mr. Joseph Ma supports a suggested
marketing strategy aimed at the higher end of dining customers, and is one
that can potentially deliver the greatest profits. The mentioning of
preparing Western dishes in Hong Kong style and also having three delivery
options detract from the marketing strategy of concentrating on the higher
end of the dining customer segments the restaurant needs to attract to
fully capitalize on its most unique service differentiator, and that is
having a well-known chef on staff. Concentrating on Mr. Ma and his cooking
expertise is the strongest differentiator this restaurant has; to mention
they are also a famous BBQ specialist and has three delivery options just
detracts from their best possible differentiator.
2. Airbus has had more than its fair share of problems recently. The first
of the A380 planes, the "superjumbo", was delivered to Singapore Airlines
2 years late, and now the aeroplane maker has suffered from a couple of
technical problems with other models. (See below.) How do these problems
affect the firm's marketing strategy? What should the CMO do to put the
firm "back on track"?
With the introduction of the A380, Airbus has taken a unique market
position with its airline customers including Singapore Airlines of
positioning this superjumbo jet as the greatest potential revenue
generating aircraft in the world. Given its several seating areas and room
for adding in high-end features for first class passengers, business class
seating that is the most spacious of any airline, and more coach seats than
any other comparable aircraft, Airbus' marketing defines differentiation of
this aircraft as potential of every flight generating significant amounts
of revenue for airlines. The delay of two years has forced every airline
customer to incur much higher levels of interest on the funds borrowed to
finance the airport expansions, and has lead to a few asking Airbus to
subsidize interest and finance charges due to the A380 being late. Airbus'
problems also include quality control challenges on the A330 and A340, two
plane models that have recently been involved in depressurization and
landing accident.
The delay of the A380 and the technical problems becoming evident from the
A330 and A340 incidents make the company's core value proposition of being
the innovators of aviation increasingly suspect and open to criticism. The
development, sale and delivery of the world's largest passenger airplane,
the A380 was fraught with problems as Airbus learned which sourcing,
manufacturing, and service processes would work as they built the plane.
Meanwhile Boeing, Airbus' nemesis, continued to stress technological
expertise and the cost benefits their future planes would provide in terms
of fuel savings and lower cost of ownership. As Airbus began experiencing
technical problems on existing models and delays on the A380, Being gained
several new sales of their smaller, more fuel efficient and lower cost to
operate planes.
For the CMO of Airbus, the challenge of regaining the trust of both its
airline customers and the public needs to start with the A380 and continue
to existing aircraft. With the A380, the reliability and highly
differentiated, unique experience of travelling and the convenience and
comfort must be aggressively promoted to the travelling public. As Airbus
specifically built the A380 to deliver significantly greater revenue per
flight than any other aircraft, the CMO must focus on getting as many
passengers as possible for its airline customers. By concentrating on the
allure and prestige of flying in an A380, the CMO will also be
strengthening the Airbus brand as well. The A380 must be seen as the
preferred airliner for those travellers who want to have the ultimate
flying experience, and the first class cabins on Singapore Airlines, if
promoted also by Airbus, will help to elevate the brand. With existing
aircraft, the CMO needs to look at the many instances of these planes
surviving extreme conditions including frost, snow storms, hit by
lightening and flying through windstorms untouched. The durability of the
existing planes need to be communicated using extreme conditions to
underscore this positioning.
3. The most popular mountain bike race in BC is the Test of Metal.
(testofmetal.com) In the last 5 years the
popularity of this race in particular, and marathon mountain bike races
in general, have increased to such a degree that the 2007 race sold out
in 48 minutes. After the very muddy 2007 race about 250 of the 800
racers came down with a Campylobacter infection and many were
hospitalized for dehydration. Given that the race is both hugely popular,
and due to some operational problems in 2007 many of the racers got sick,
how would you expect the organizers to market the race in 2008?
In retrospect running Test of Metal on a course that had the potential of
generating not only e-coli, a potentially deadly disease, but also
campylobacter infections in participants who either get caked with mud or
accidentally swallowed it shows how important site validation and
qualification are for this event. What the race organizers need to do is
immediately create an advisory council of the top MDs in BC who have an
interest in and regularly mountain bike. This specific segment of MDs
would find the task of going over potential trail sits enjoyable while at
the same time taking precautionary planning measures to make sure
participants in 2008 aren't infected with the viruses those in 2007 were
infected with. The advisory council would also need to publish a complete
analysis of why the viruses infected so many of the participants so
severely, and also in the report, mention what the advisory council will do
the ensure the level of infections do not occur again. Further, the
advisory council will need to also share all potential sites they are
considering, being completely transparent with the public in general and
with mountain cycling enthusiasts specifically. In addition to all these
activities, the race organizers also need to provide free medical care and
cover the costs of those participants infected during 2007 who did not have
insurance. After creating the advisory council, completing all the
recommended action items, and also covering the uninsured participants who
were infected in 2007, the race organizers needs to underscore that the
trail selection process is being handled by the best MDs in BC and share
their progress on a website and blog specifically dedicated to creating an
open, honest interchange with the public in general and with enthusiasts
specifically to regain and grow trust.
4. Facebook has received some criticism over its Beacon ad programme. (This
tracked the site visits that Facebook users made.) What marketing
objective did this programme hope to achieve? How could Facebook re-
launch the programme in the face of the privacy objections.
Facebook's development and launch of their Beacon ad programme was aimed at
capitalizing on the social networking that pervades its own site and those
of affiliates and partners. Implicit in the structure of the Beacon is the
ability to track current, previously-registered, and even visitors to
Facebook who also visit affiliate sites, reporting back specific pages
viewed and length of time visiting a specific page. Additional features of
the Beacon programme is the reporting of certain actions back to the
Facebook friends' network in what the company is calling Social Ads. The
marketing objective of the program was to capitalize on the… READ MORE
Quoted Instructions for "Marketing Questions 1. Describe the Marketing Strategy" Assignment:
I wish the ***** usernumber: ***** to do my paper
this is assignment is for my marketing strategy class, so all the answers should focus on the strategy part not the operation part. the answers dont need to be long but need to be accurate and specific..
please complete it no later than Dec 20 and also, please check the english grammar as well...thanx...
I'll send you through the questions by email.
if there are any questions, please email me as soon as possible.
How to Reference "Marketing Questions 1. Describe the Marketing Strategy" Term Paper in a Bibliography
“Marketing Questions 1. Describe the Marketing Strategy.” A1-TermPaper.com, 2007, https://www.a1-termpaper.com/topics/essay/marketing-questions-1-describe/8824. Accessed 3 Jul 2024.
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