Professional Documents
Culture Documents
PLANNING
Task 1...............................................................................................................3
Market Research......................................................................................13
Market Audience......................................................................................13
Conclusion.....................................................................................................14
References.....................................................................................................16
Introduction
The development and growth of Thorntons a UK based manufacturer
and chocolate retailer has for a long time followed an in-house
manufacturing strategy and primarily channelling its products through their
own outlets without specific emphasis on franchising. Their strategy has
been met with inability to meet the demand of the different gifts markets
and chocolates. This paper attempts to bring out Thorntons strategy of
diversifying in Europe and US markets and the problems encountered as well
as an in-depth look into their endeavour to broaden their market and
products base (Bryson and Alston, 2011).
Thorntons highest percentage of sales is through their own shops
which specializes in offering personalized services like messages on
chocolates, Easter eggs and written-in-icing on gifts one such example being
Valentine days chocolates. They also offer gift wrapped production at an
extra cost. In UK, Thorntons mainly dominates the high street with surveys
ranging it fifth in the list of the high street establishments. This is reflected
more so in the investing of one shop which is reported to cost well over one
hundred thousand British Pounds. They over time alter their shops in
appearance and design as well as constantly evaluating and developing the
CONTACT US:
Task 1
1.1 Compile marketing audits
Review changing perspectives in marketing planning
It can be assessed that there is an continuous need of change in the marketing planning of
Thorntons business as per the perception of clients so that they can deliver them best quality
products and services in order to attain desired goals and targets. Furthermore, as per the
government plans and policies firm needs to bring alteration in their marketing plan and thus
input different marketing policies within business so that it assists in enhancing the future
capabilities of firm. Also, it is essential for the marketing department of cited firm to
continuously review the changing perspectives in the marketing planning so that more and more
clients can be attracted towards business and thus desired targets can be attained (Foroud and et.
al., 2010).
The future planning of Thorntons is that they need to change their
activities like from chocolate retailer they can enter into another category of
business such as bakery items or expand the organization in order to grab
more attention of clients. It helps them in making more profits and thus
TOLL-FREE NO: +442038681671 EMAIL:help@instantassignmenthelp.com
WHATSAPP NO: +447999903324 WEBSITE:www.instantassignmenthelp.com
1.3 Examine Techniques for Organizational Auditing and for Analysing External Factors
There are varied types of techniques that have been identified and thus it can be adopted
by Thornton's in order to carry out the audit such as internal and external environment of
company that may affect the marketing planning. For Thornton's it is essential to execute the
audit of its organizational operations and attain desired targets. Furthermore, through this way
business can analyze its strengths and weaknesses and thus adopts the strengths in order to
overcome the weaknesses and attain targets (Gubb, 2010).
Also, business can examine porter's five forces model in order to analyze potential threat
to business and other substitute products available for business that helps them to develop proper
marketing planning in order to achieve goals. However, management of cited firm can perform
the internal and external audit through adopting different types of methods such as SWOT,
Porters Five Forces and PESTLE analysis etc. Further, with the assistance of SWOT analysis,
internal environment of firm can be assessed effectively to obtain targets. Similarly, with the
purpose to identify the external factors that may affect the Thornton's operations techniques can
be adopted like PESTLE analysis. It can be assessed that all such methods play a significant role
TOLL-FREE NO: +442038681671 EMAIL:help@instantassignmenthelp.com
WHATSAPP NO: +447999903324 WEBSITE:www.instantassignmenthelp.com
CONTACT US:
CONTACT US:
CONTACT US:
CONTACT US:
Thornton's can place its product in the Tesco in certain shelfs so that it can be promoted
and attract clients. For promoting the product firm should use Photoshopped pictures of cartoons
that attracts clients such as kids and consume the product. Thus, business should keep in mind
regarding the consumer ethics and then prepare and develop the product so that fair and truthful
information can be delivered to clients so that they can be attracted to purchase the product and
attain targets. Consumer ethics can be stated as the type of practices executed by the purchaser
where they carry out the purchasing of that specific product which is ethically effectual. For
example, one of the clients of Thornton's has online ordered a packet of Scooby Doo shaped
chocolates from its websites but when they received the order they found that the cartoon
character that chocolate possess is for Fireman Sam. However, such type of situation raises an
issue like consumer ethics. Thus, as a result of that satisfaction of clients will get obstructed and
that influences business with regard to formulate its effective marketing plan to attain goals.
Further, if enterprise would not perform ethically then its direct impact can be seen on the sales
and profitability of business (Abbe and Halpin, 2010). Consumer ethics in marketing planning
are categorized into different areas and levels with each being significant in the ethical system
TOLL-FREE NO: +442038681671 EMAIL:help@instantassignmenthelp.com
WHATSAPP NO: +447999903324 WEBSITE:www.instantassignmenthelp.com
Conclusion
A competitor is has the ability to point out to consumers if a product being advertised is
misleading or not. Despite the increased difficulty in identifying ethical and non-ethical material
to be relayed to consumers and this may even vary further if the ethics are to be maintained
depending on different countries. Consumer ethics are time and situation oriented. Every
business undertaking has a base of ethics that is applicable to the business at hand as well as in
personal moral ethics. Ethics are viewpoints that are personal and varying from one individual to
another and have no emotional meaning. The discussed highlights notwithstanding moral
consideration and sound ethics are important to businesses and consumers as well. The
discussion on what advertising does to the market is still widely deliberated upon with questions
on if it is influential or controlling.
Advertisers specialize in presenting a product in a manner that is likely to make a
consumer feel they have to acquire the advertised product due to the desire created. Although
advertising may be seen as manipulative they do not override the mind-set that is created by
politicians, lecturers and writers. Conclusively, with such techniques the market is influenced
and this is acceptable to society as the marketing plan.
Abbe, A. and Halpin, S., 2010. The cultural imperative for professional military education and
Aldehayyat, J., 2011. Organisational characteristics and the practice of strategic planning in
Bowie, D., 2010. Politics, planning and homes in a world city. Routledge.
Bryson, J., 2011. Strategic planning for public and nonprofit organizations: A guide to
strengthening and sustaining organizational achievement (Vol. 1). John Wiley & Sons.
Bryson, M. and Alston, K., 2011. Creating Your Strategic Plan: A Workbook for Public and
Coase, H., 2012. The firm, the market, and the law. University of Chicago press.
Foroud, A. and et. al., 2010. A multi-objective framework for dynamic transmission expansion
Geunes, J. and et. al., 2011. Approximation algorithms for supply chain planning and logistics
Gkartzios, M. and Scott, M., 2012. Gentrifying the rural? Planning and market processes in rural
Gordon, G., 2013. Strategic planning for local government. ICMA Publishing.
Gu, Y. and McCalley, J., 2011. Market-based transmission expansion planning, In Power
Systems Conference and Exposition (PSCE), 2011 IEEE/PES (pp. 1-9). IEEE.
Helman, U., 2010. Resource and transmission planning to achieve a 33% RPS in CaliforniaISO
Jemmasi, M., Strong, C. and Taylor, S., 2011. Measuring service quality for strategic planning
and analysis in service firms. Journal of Applied Business Research (JABR) 10(4). pp. 24-
34.
Johnson, G. and et. al., 2011. Exploring strategy: text & cases. Harlow: Financial Times Prentice
Hall.
Keller, K., Parameswaran, G. and Jacob, I., 2011. Strategic brand management: Building,
Kerzner, H., 2013. Project management: a systems approach to planning, scheduling, and
Kerzner, H. R., 2012. Strategic Planning for Project Management Using a Project Management
Langlois, P., 2010. Municipal visions, market realities: does planning guide residential
development? Environment and planning. B, Planning & design. 37(3). pp. 449.
Leou, R., 2011. A multi-year transmission planning under a deregulated market. International
Lucy, H., 2010. Foreclosing the Dream: How America's Housing Crisis is Reshaping Our Cities
280-283.
Moghddas-Tafreshi, M. and et. al., 2011. Generation expansion planning in Pool market: A
hybrid modified game theory and particle swarm optimization. Energy Conversion and
Myers, H. and Tauber, E., 2011. Market structure analysis. Marketing Classics Press.
Nulsen, R., Faria, J. and Roussos, S., 2014. The use of decision support systems with a
Parsaeifard, H. and et. al., 2010. A market-based generation expansion planning in deregulated
Applied to Power Systems (PMAPS), 2010 IEEE 11th International Conference on. pp.
677-684.
Svahnberg, M. and et. al., 2010. A systematic review on strategic release planning models.
Tidd, J. and Bessant, J., 2011. Managing innovation: integrating technological, market and
Wilson, H. and McDonald, M., 2012. Marketing plans: How to Prepare Them, How To Use
Zethsen, K., 2010. Has Globalisation Unburdened the Translator? MetaJournal des
Online