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Microsoft Word - Session XXXXXXXXXXAssignment 2 Marking Guide Page 1 of 5 MKT00720 – Marketing Session 2, 2019 Assignment 2: Report (on Aldi Australia) Core Information: Due: Due by 11.00pm AEST,...

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Microsoft Word - Session XXXXXXXXXXAssignment 2 Marking Guide
Page 1 of 5
MKT00720 – Marketing
Session 2, 2019
Assignment 2: Report (on Aldi Australia)

Core Information:
Due: Due by 11.00pm AEST, Monday 23rd September 2019
Weighting: 30%
Individual/Group Individual
Word limit: XXXXXXXXXXwords in total (plus or minus 10%)
Aim

The purpose of this assignment is to again provide you with an opportunity to apply knowledge, theory,
frameworks and tools from the early part of the unit to an analysis of the strategy and strategic practices of a real
organisation. In this assignment, you will work to analyse the strategies pursued by the Aldi Australia discount
supermarket chain since its local launch in 2001. You will evaluate marketing-related strategies and their
effectiveness and relate to be real-life experiences and relevant research to look at core marketing theory. The
aim is to provide experience of marketing analysis and practice and to determine your ability to relate real
marketing strategy to theory and research.

The Overall Task

In increasingly competitive markets, consumers have a greater choice over where they buy their goods and
services. For an organisation to meet its business objectives, it has to find out what consumers require and then
identify the best way in which it can satisfy these needs and wants. Creating a competitive advantage can be
difficult. A unique marketing strategy with clear objectives is vital to ensure effective promotional activity.
Your task in this case analysis is to answer two questions by critically analysing Aldi’s market situation. Please do
not just describe events, although you should read Aldi’s history to understand the background to your analysis
(this may include some history on Aldi’s international operations). You should use the principles and concepts that
you have learned throughout the unit to answer the following two questions:
1. What marketing strategy or strategies has Aldi Australia has adopted since it was launch? Answer this
question by applying one or more of the theoretical approaches discussed in the course.

2. What marketing options can you describe for Aldi if it wishes to remain a successful organisation in Australia
throughout the next decade? Answer this question based on the circumstances that exist in 2019 and your
est forecasts of relevant future industry factors.
These are wide-ranging questions and you should undertake extensive independent research into Aldi Australia
and its industry. You should explore different aspects of these issues and incorporate them into your report. This
is a practical assessment of a real company, but you need to show an understanding of theory and research in
your evaluation and suggestions.
Page 2 of 5
Process
1. Begin to gather information about Aldi and its marketing-related strategies. There are a range of sources you
can make use including the company’s own corporate website and related publications, academic journals,
usiness press and media, blogs and so on. The quality business press such as Fo
es or Business Week or
the Economist are in some ways good places to start.
2. However, you need to begin to study relevant course materials as the task requires you to analyse and
evaluate Aldi’s marketing strategy in relation to theory, frameworks and research.
3. Consider each of the two questions carefully and begin to relate practice to theory in an attempt to answer
each of them. The questions explicitly direct you to specific aspects of the unit material and to specific types of
models, tools and theories.
4. It should be clear that there is no definitive right answer here. This also mi
ors reality, in that companies are
not able to find a single solution or pathway; they have to make difficult choices from alternatives. In the light of
that try to explore different aspects of the two questions – there are no ‘co
ect’ answers and lots of valid
arguments for and against all kinds of alternatives. The merits of your argument will depend to a large extent
on how much evidence you can cite to support your point of view; that is why this is called a research project.
5. Write up your analysis. This should be in a report format. Here is a suggested structure:
a. Executive Summary
. Introduction
c. Background to the Company
d. Marketing Analysis
i. The Nature of Aldi’s Marketing Strategy or Strategies since it began.
ii. Strategic Marketing Options for Aldi moving forward
e. Conclusion
f. References
g. Appendix
Ensure that you have related the real conditions of the company to theory and research and that you have
ead, cited and referenced appropriate academic material as well as more popular sources (which also need to
e properly referenced).
6. Submit the report via the Turnitin Submission Link (under Assessment Tasks and Submissions on the
Blackboard site)…be fully aware of the plagiarism rules in the School; plagiarism will not be tolerated.
7. The marking criteria for the assignment can be found on the following page. They are published to give you
detailed guidelines about the way in which your mark will be calculated. Please read them carefully. Note that
they are a guide, not a definitive formula for allocating marks, and no set of criteria can accurately describe
every possible assignment. Your final mark will reflect the application of academic judgement by your marker
to your whole assignment.
Page 3 of 5
Marketing – MKT00720 (Session 2, 2019)
Assignment 2: Report (on Aldi Australia)
Ratings and Comments According to Criteria Mark
Executive Summary Provides a properly constructed and co
ect length executive summary:
Excellent Very Good Good Satisfactory Needs Development Poor
The executive summary provides a
ief overview of the purpose of the report and an effective summary of
its content:
Excellent Very Good Good Satisfactory Needs Development Poor
Further Comments as necessary:
5
Introduction.
Properly describes the task and sets up the report content that follows:
Excellent Very Good Good Satisfactory Needs Development Poor NA
Places the assignment in context in terms of discussing the nature and importance of marketing strategy
and its relation to the success (or otherwise) of companies such as Aldi:
Excellent Very Good Good Satisfactory Needs Development Poor
Further Comments as necessary:
5
Background to the
Company
Provides a clear, sufficiently detailed and properly referenced account of Aldi’s emergence and
development as a company:
Excellent Very Good Good Satisfactory Needs Development Poor
Provides a clear, sufficiently detailed and properly referenced account of Aldi as a company, for example,
type of company, size, industry, basic performance data etc:
Excellent Very Good Good Satisfactory Needs Development Poor
Further Comments as necessary:
10
Marketing Analysis
The Nature of Aldi’s
Marketing Strategy or
Strategies since it
egan.
Identifies and discusses the marketing strategy or strategies pursued by Aldi:
Excellent Very Good Good Satisfactory Needs Development Poor
Relates the strategy/strategies pursued by Aldi to theories, models and research:
Excellent Very Good Good Satisfactory Needs Development Poor
Further Comments as necessary:
30
Page 4 of 5
Strategic Marketing
Options for Aldi
moving forward
Provides an analysis of Aldi’s cu
ent situation from a strategic marketing standpoint:
Excellent Very Good Good Satisfactory Needs Development Poor
Demonstrates capability in applying marketing-based analytical tools:
Excellent Very Good Good Satisfactory Needs Development Poor
Provides plausible recommendations for a marketing strategy that promises to move it forward successfully:
Excellent Very Good Good Satisfactory Needs Development Poor
Further Comments as necessary:
30
Conclusions:
Draws sensible conclusions based on the analysis and discussion:
Excellent Very Good Good Satisfactory Needs Development Poor
Conclusions reveal key learning to be taken from the analysis:
Excellent Very Good Good Satisfactory Needs Development Poor
Further Comments as necessary:
10
Technical and
Professionalism
Aspects of the Report
In-text citations and proper referencing (note: an absence of in-text citations and referencing may lead to
penalties beyond the marks allocated for this criteria point):
Excellent Very Good Good Satisfactory Needs Development Poor
Appropriate sources used and referenced:
Excellent Very Good Good Satisfactory Needs Development Poor
Presented in well-thought out, consistent, readable form/appropriate length:
Excellent Very Good Good Satisfactory Needs Development Poor
Style, spelling, grammar and syntax
Excellent Very Good Good Satisfactory Needs Development Poor
Further Comments as necessary:
10
Summary Comments as Necessary:
Page 5 of 5
School
Answered Same Day Sep 20, 2021 MKT00720 Southern Cross University

Solution

Sarabjeet answered on Sep 22 2021
161 Votes
Student Name:
University Name:
Unit Name:
Date:
Executive Summary
This report is a
ief overview of the marketing strategy adopted by supermarket chain Discount of Aldi because of its beginning. In a nowadays highly competitive market, it's significant for industries to establish a sustainable and viable environment of business. This will also help them meet the requirements and needs of consumers, which will be help them to retain and attract consumers while giving them a competitive benefit in market. It includes a five-force analysis of SWOT and Porter to help identify threats and opportunities to the Australian grocery business. It has also been seen that the profits of the grocery business have been reduced because of fierce competition or customer bargaining power. Aldi faces fierce competition from industries, for example, Coles-Myer and Woolworths, which may capture nearly two-thirds of the market for the grocery business. Aldi's commitment to reducing costs and improving product quality to attain an important competitive benefit is strategically important. Aldi must first analyze and then explore available strategic marketing options before developing some strategies to stay successful in the next few years.
Contents
Executive Summary    2
Introduction    4
Background    4
Aldi’s Marketing Strategy & its Analysis    5
Marketing Mix (4 Ps & 4 C's)    5
Price, Place and Product strategies    5
Promotion & Communication    7
Market Segmentation    7
Ansoff Matrix    10
Aldi’s Cu
ent Market Situation & it’s Analysis    10
Comparison with Competitors    10
Recommendations to Move Forward Successfully    11
Conclusion    11
References    16
Introduction
Marketing is a science or an art that enable people to build relationships with clients thus they can develop, advertise or sell their
ands or products moreover services. In today's fast-changing competitive environment, lots of industries find it very difficult to achieve economic sustainability and survivability over the long term. In this case, industries utilize different marketing techniques to develop maximum probable customer and consumer satisfaction for financial sustainability as well as competence. Therefore, for the company, it’s significant to know the different marketing industries moreover marketing tools involved to attain competitiveness.
Background
Aldi (Al
echt Discount) is the supermarket chain discount with around 10,000 stores in 18 countries and its headquarters in Germany. Its total turnover is predicted to exceed 50 billion euros (Abdullah Saif, 2015). This well-known chain was found in 1946 by two
others, who took over the mother's small grocery store, which opened in Essen in 1913 (Australian management magazine Ruddick, G. (2016) 'Aldi Background', Australian Journal) For management, page 6, page 38). By 1960, Aldi had about 300 stores, but after the dispute over to sell cigarettes, they decided to spin off the business. This led to Aldi being divided into two different teams, Aldi nord and Aldi Sud. Theo Al
echt controls Aldi Nord in Essen, northern Germany, and his
other Karl Al
echt controls Aldi Sud in south of South Moorheim. Globally, Aldi has also developed its business to 18 countries and has important operations in the US, France or the UK. Aldi Nord is answerable for its operation in the US in France, the Netherlands, Poland, Belgium, Luxembourg, Spain, Trader Joe and Denmark, while Aldi Sud is responsible for Slovenia and Austria and in Ireland, Hungary, Switzerland, UK, Australia and the US (named Aldi) (Calvo Po
al and Stanton, 2018).
Aldi’s Marketing Strategy & its Analysis
Aldi is the supermarket chain that has been very successful worldwide. This is because of the marketing strategy it follows, enabling it to grow successfully or compete in nowaday’s highly competitive global marketplace. Since its inception, Aldi has also pursued cost leadership strategies to remain invincible in the highly dynamic and competitive Australian market (Chatterjee, 2017). Because Aldi follow "cost leadership" strategies, its marketing costs are low and rely on catalogs, web as well as local news ads. The marketing approach is essentially product-oriented moreover pays more attention to price or special purchases. It offers many products at reasonable prices, including dairy, bakery, household goods, food, fruits, and vegetables to attract consumers. Additionally, Australian Aldi offers “special purchases” each Wednesday and Saturday, which are changed once a week to arouse customer curiosity. It spend nothing on the public relations furthermore spends little on complex statistics (de Haas, Herold, and Schäfer, 2019). Moreover, Aldi will not provide free shopping bags to its customers and will     charge a deposit of $2.00 to use the shopping cart and return it to the returning cart.
Marketing Mix (4 Ps & 4 C's)
Price, Place and Product strategies
Philosophy of Aldi's business is to concentrate on the essential investments or avoid pointless investments to provide clients with the greatest probable savings (Gordon, 2012). According to ABC, “Aldi's only cost increases the purchase price by 13%, logistics,...
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