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Marketing Analysis of Haigh's Chocolates Assignment Solution
The Marketing Analysis of Haigh's Chocolates Assignment Solution of marketing plan establishes the form of accomplishing the vision of the chosen enterprise called as Haigh’s firm. The founder of this confectionery company was Alfred Haigh in the 20th century which is now having the largest chocolate industry and store in Australia. The report will help for dealing along with the efficient and appropriate strategies for accomplishing the objectives and aims. The confectionary company is located along with high performers and also with the highest stage of competition. Haigh’s manufactures maximum quality as well as standard chocolates which are quite famous producers. Haigh’s Sweets is a quite high trustworthy product in Australia as it produces different essence of chocolates in wide varieties.
The main functioning of this company is that it is a domestic possessed chocolate product associating to retailing and manufacturing. It is mainly famous in South Australia which is made up of premium handmade chocolates sweets and the firm clearly concentrates on its focused and targeted goals. The company is famous for its long- term relationship with its customers. The Marketing Analysis of Haigh's Chocolates Assignment Solution will provide the marketing planning of Haigh’s chocolate company. The report describes the market analysis as well as brand analysis of the firm. The researcher will analyze the competitors of the company; it also provides the strength and weaknesses of the firm with the help of SWOT analysis. The paper will clearly frame the marketing mix strategy, which is utilized by the firm.
When the specified comapny is determined as the collective producer, with the assistance of it the vendors has been able to normalize where the distribution is shaped on the design of the quality occasion of reoccurrence then in attendance is created the process of the distribution packing. This method is utilized for the purpose as to show the merchandises that are to be disseminated randomly. The functioning that has been executed is for the five years concealing the time from 2011 to 2016 and at the same time, it is stated annually. The functioning plan also incorporates the Australian packaging rules that are conducting the amount of the principles with the fact that objective of it also shown the same. Customers buy maximum standard chocolate associates to affordable tolerance for special events. The revenue of the company develops with 2.6% over 2015 and at the same time, the sales of maximum standard chocolates along with the box chocolates grows for the purpose of high growth (Mitre?ga, 2006). So, the company establishes high- quality commodities which focus maximum range of commodities. Innovative commodities have been identified as a strong driver for the development of the company, as well as it causes the high stage of differences from external rivalries.
The USP of the goods is for developing the standard quality chocolates along with the raw cocoa bean and the commodity is divided with the finest quality as well as it focuses on the young individuals and also the target market buys the chocolates for their utilization and gifts as well. The goods are positioned in the family owned as well as reliable firm since 1915 and at the same time, the firm is positioned with handmade as well as maximum excellence chocolates from the fresh cocoa bean. The main purpose for developing the product is that the consumers can enjoy handmade as well as standard quality finest chocolates. It manufactures the quite authentic chocolate that is valuable as well as it recollects maximum quality chocolates and also there is no another store while comparing to Australia (Mitre?ga, 2006). This type of commodity is basically chocolate manufacturer which produces chocolates along with healthy and fresh chocolates from the first stage. It aims for leading the chocolate standard successfully.
While approaching customers’ analysis, it is showed that along with the period of retentive the objective, so that the purchaser investigation can be done. Correspondingly, that of the heightened packaging where the wrapping is accomplished with the world periodic packaging materials which means that as soon as the periods carry out on during the disparities then the alteration in the wrapping is in fact created along with it (Mitre?ga, 2006). Customary packaging transfers out along with the fresh type of commodities that are provided. There are sustainable packaging rules which are when created then it will create the appropriate and excellent carries out with these.
The main occupation is that it is achieved along with the Haigh’s chocolate trademark. It is also characterized the quantity of the other products as well as the imageries and also that comprising of the Australia which one transmits out along with the personal as well as they are vigorous within the recent portions. The product examination can be completed along with the supply chain administration which carries out in the company. Thus, while it is operating along with the resource chain standard then preponderance of the individuals create the sold with the help of business as well as it is purchased as the raw material as well as the very less number that of the 5% is vended with the help of extensive interaction which presents in the market (Rajagopal, 2007). Within it, the vendors executing in the niche areas will have the advancement laterally with the system sales which is formed up of. The marking is created in processioning the mind of the wrapping as well as the process which is surveyed which means there is the branding performed in a quite easy way. When the firm is creating the exertion to the marketplace then the advertising policies are put in the method which it will deliver the suitable boosting to the approaches of its quite own. The oppositions of the firm are essentially there and those are Nestle, Cadbury chocolates. These competitions in the arcade accumulate the demands, as well as the supply chain supervision of the business, is performed along with the view to generate the better competitions in the market.
Strengths- The strengths of the firm are aligned along with the strong brand as well as it executes positively since 1912. The firm establishes strong brand equity along with standard quality commodities. It has its existence in nations like South Australian, New South Wales as well as Victoria. It has a vast range of commodities as well as chocolates in maximum quality as well as luxurious packages (Ingaldi and Šk?rková, 2014). Maximum quality commodities are presents like liquor chocolates, dark chocolates as well as milk chocolates. The large excursion of the workshop for the citizens is to detect for the chocolate forming commodities.
Weakness- There is powerlessness for increasing the business in positions of other exertions which leads to low business marketing share. This could not establish the certification from the fair trade foundation.
Opportunity- There is a maximum level of opportunity in terms of development and improvement of gift offers as well as it is known as large corporate rewards and gifts interactions for the firm (Ingaldi and Šk?rková, 2014). There is an occasion laterally with online marketing and also transporting in reverence of e-commerce. There are occasions along with marketplace development and enhancement in such nations as Australia as well as other nations at worldwide front.
Threats- Threats in the Haigh’s chocolate have interacted along with the strong stage of the competition as well as the other chocolate organizations. It responds to enhance the health consciousness between the target markets (Ingaldi and Šk?rková, 2014). For maintaining as well as managing the maximum quality in the category of consumable goods is the major challenge. The storage condition, as well as chocolate whitening, also harm the brand image of the company.
Strong competitors are connected with Nestle, Mayfield as well as Cadbury chocolates. It is different from the chocolate manufacturer a firm while in comparison to the other brand which is referred as Maltesers. Haigh’s chocolate is the simple chocolate producer which delivers standard quality as well as finest brand chocolates. This target for regulating the standard of chocolate successfully and rivalries in the market deals with the development as well as it signifies for executing the corporate behaviors for suffering in the long term (Wood, 2003). The requirement and demand for innovation as well as attracting the workers in terms to an excellent type of talent establishes maximum stage of growth. It develops standard quality as well as introduces new commodities each year that handles the culture of the family positively.
When the corporation is generating the efforts to the arcade then the promoting approaches are places in the method that it can be bale to provide appropriate increasing to the approaches of its quite own. The competitions of the company are basically there and amongst them mostly are Nestle, Cadbury etc. These are the most famous participants that are intended when the marketplace is affecting the demands as well as the supply chain supervision of the firm that is performed along with the assessment to create the superior oppositions in the market (Wood, 2003).
The Haigh’s chocolates have one flavor which attracts many customers as well as it improves standard quality and at the same time flavor of the commodity. The firm conduct maximum techniques from Swiss in 1950’s along with this in addition the resident practice of chocolate producer it even has framed the shops as well as promotions quite positively. Through this manner, it has manufactured the basis of the worldwide chocolate product for the chocolate of Haigh’s brand. So, it has also diverse stores in Adelaide (Van der Westhuyzen and Van der Merwe, 2001). There exists a visitor epicenter in Parkside of Haigh’s chocolate that portrays chocolate product to all tourists in terms to words as well as images. So, characterizes for remaining attractive and at the same time have vast opportunities in order to taste the fresh, as well as healthy chocolates after the tourists, can even buy premium as well as standard chocolate from the minor shop in the halfway point. It performs within the typical of maximum vertical supply chain pattern and it endorses quite innovative kinds of commodities.
The commodity executes within a major vertical integrated model of the supply chain. The mass of commodities sold with the help of industry in terms of raw materials with a number of shops. The small amount less than 5% is sold with the help of wholesale along with expertise retailers which execute in niche areas which promote as well as enhance the sales of the store network. Haigh’s is put at Adelaide through the factory as well as the visitor center. It is available basically from Monday to Sunday for the tourists and the visitors (Van der Westhuyzen and Van der Merwe, 2001). The visitors have opportunities for dealing along with the standard, finest and best quality of chocolates after stopovers. There are detailed places in the specified country where this chocolate is not endorsed as well as fit the announcement of these commodities the positions are chosen in the method for maximizing the commodity ability in various locations.
The products prove a current as well as constant association and interaction along with the customers on packaging as well as sustainability by promotions, advertisement as well as social media. Through this manner, it associates to new products and new conceptions along with print media. Packaging promotes and advertises the initiatives positively (Van der Westhuyzen and Van der Merwe, 2001). The promotions of the commodity are performed with the help of retails shops which will create the delivery method in a very probable manner.
It is basically secured along with the organization of the commodities where the goods are creating the utilization of it. So, they are secure along with the selection of the consumers as well as the rules of demand and supply is formed applicable.
From the Marketing Analysis of Haigh's Chocolates Assignment Solution, it has been found that Haigh’s manufactures maximum quality as well as standard chocolates which are quite famous producers. Haigh’s Chocolates is a quite high dependable brand in Australia as it produces the taste of chocolates in quite vast varieties. The main functioning of this company is that it is a family possessed chocolate brand business associating to retailing and manufacturing. The USP of the goods is for developing the standard quality chocolates along with the raw cocoa bean and the commodity is divided with the finest quality as well as it focuses on the young individuals and also the target market buys the chocolates for their utilization and gifts as well. The rivalries of the firm are actually there and those are Nestle, Cadbury chocolates. These competitions in the marketing research assemble the anxieties, as well as the supply chain administration of the firm, is performed along with the opinion to create the superior rivalries in the market. It has been analyzed that Haigh’s chocolate is the simple chocolate producer which delivers standard quality as well as finest brand chocolates. This target for regulating the standard of chocolate successfully and rivalries in the market deals with the development as well as it signifies for executing the corporate behaviors for suffering in the long term.
Ingaldi, M. and Šk?rková, K. (2014). Company Strategy Determination in Food Company Using Swot Method. Acta Technologica Agriculturae, 17(3).
Mitre?ga, M. (2006). Market analysis. 1st ed. Katowice: Publisher of the Karol Adamiecki University of Economics.
Rajagopal, (2007). Brand management. 1st ed. New York: Nova Science Publishers.
Van der Westhuyzen, B. and Van der Merwe, J. (2001). The marketing mix. 1st ed. Observatory, South Africa: Future Managers.
Wood, M. (2003). The marketing plan. 1st ed. Upper Saddle River, NJ: Prentice Hall.
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