Saturday, May 25, 2019
Coffee Republic -Marekting Communications Plan Essay
1. Executive Summary coffee Re semipublic was founded in 1995 by Bobby and Sahar Hashemi, who noniced a market gap where they could shop their high quality product at an affordable price to customers wishing something more than just regular coffee and fast regimen offered by some other high street chains(Hashemi S, 2001). At first the product was marketed in the UK only, only with the development of the brand, the follow has managed to enter markets internationally in countries such as Saudi Arabia, United States of America, Romania, Ireland etc. Since Coffee Republic is not a typical coffee shop chain, only when operates under three brands simultaneously Coffee Republic, Coffee Republic Deli and Republic Deli, it is essential also to concentrate on the food selection. Food market is very specific and thus far a petty-scale mistake drive out lead to a majuscule loss of customers. Recently, the confederacy has collapsed into administration, blaming recession for its prob lems. Developing a merchandising communication theory plan in raise to reinvigorate Coffee Republic as a brand will require the utilise a pull strategy that should focus on publicise strategy in several medias such as radio or taxis and other marketing communications tools such as sponsorship.2. Campaign Objectives. selling communications objectives typically refer to sales and/or to the goals the marketing communications agree in affecting the estimation of the mark listening.(Pickton D., Broderick A. 2005). Rather than developing new products, that the company could introduce to the market, it is more important to deliver the essence of the brand to the audience. In other words, using the flow of information to reposition the brand in the mind of the consumer. With the bud jerk off of 1 million there is a need to develop a campaign placeed at a segment of everyday consumer who is looking for a coffee to get them through the day. The age of the consumer is 21-35 years and they are usually white jot workers with an average income of 20,000 pounds p.a. They also rely on public transport to get them to work, rather than on their private means of transport.Main Objectives of the campaigna. To raise the awareness of Coffee Republic among the market of 21-35-year-old, males and females, white collar workers, with an income above 20,000 pounds p.a., and who rely on public transport to get them to work. b. To reposition the brand as one selling a gourmet and exclusive product, but also one, offering an exclusive product at an affordable price. c. To create strong brand values, so that the customer is aware of what it stands for and not for what it sells. d. To ensure that the food offer is distinct and differs from others, in the mind of the consumer. e. To reinvigorate the Coffee Republic brand and stop it going out of business.PositioningThe market for Coffee shops and deli shops is very competitive and is characterized by companies and smaller entrepren eurs which operate on two sides of it. Either it is ruled by small independent retailers functioning on a local scale or boastfulger chains like Costa Coffee with large budgets, being able to set high standards and which the target audience seems to prefer more than chains such as Coffee Republic. Trying to fit into both of those markets is really difficult as it requires more monetary excitant in magnitude to develop both coffee and food offer.Coffee Republic is a company which does not qualify for either of those territories and the aim of the marketing communication plan would be to try and push it into the higher end in the hierarchy, so it can cope with larger developments. In order to compete and achieve the earlier naturalised objectives, it will be essential to reposition the brand. Since the essence of positioning a brand or product is to differ it from the competitors in the mind of consumers (De Pelsmacker P., Guens M., Van de Bergh J 2001), it will be necessary to strengthen the role of food selection and to emphasize its meaning in the campaign in general.The company will have to start selling not only a great quality coffee but also add build by offering a selection of meats, cheeses and other gourmet foods, but also provide not too complex lunch service, a few seats and tables forthe sit-down lunch crowd and take-out catering options including for example cold meat and cheese trays. What is more, the company will have to re-consider the position of their units. The ideal location for delis and coffee shops is in office districts, industrial malls and mall food courts, where the targeted audience of white collar workers could be approached.3. Overall Creative ThemeIn order to gain the attention of 21-35-years-old white collar workers, relying on public transport, the message, that Coffee Republic will desire to deliver will have to be modernistic and convincing. The general theme will have to remind the target audience of mouth watering f ood and delicious coffee available only in Coffee Republic retail units. Since the segment targeted is a group of young and middle aged people, probably aware modern fashions and newest trends, the clear statement of contemporaneousness will also need to be depicted along with an image of greatest value and high quality food and coffee available at an affordable price.The general creative idea would be to use more aggressive slogans that the target audience would find encouraging and at the same while robust. Slogans like Have it OUR way Wake up to a smell of coffee HUNGRY? Have it our way, would relay a clear and lusty message, that the target audience will associate with simplimetropolis but also with high quality of products offered.4. Communications StrategyThe promotional mix will be used in order to support the pull strategy. The combination of advertising strategy and sponsorship will be implemented in order to meet the established objectives. The advertising will have to take place in mainly in radio, general-interest magazines and taxis since the financial resources for the campaign are relatively small and the company can not afford television advertising. Although advertising can be seen as expensive in overall cost terms this has to be outweighed by the circumstance that many members of target audience can be reached (Pickton D., Broderick A. 2005).In the radio, it would be useful to use the voices of some head known celebrities, who could easily influence the targetaudience and increase the interest among new, potential customers. Because the targeted audience relies on public means of transport while getting to work, it would be reasonable also to portion some resources in small posters inside taxis and stickers including slogans on their sides. Since the company already has quite a well designed website, it would be useful to start advertising it elsewhere in the internet. To balance the radio advertising it would be a good idea to advertis e the company on the radios website. The wages of this is that many listeners frequently visit the website of the station they listen to and the target audience can be reached in two mediums simultaneously.In order to reach the target audience through national radio station, some kind of sponsorship may play an essential role in the campaign. Sponsoring a concert or a national event, would definitely be noticed through the media of national radio station. During the concert, symbols and logos of the company will be omnipresent and in that way, noticed by the target audience.a. Advertising StrategyMedia Local Radio Stations since radio advertising is considerably cheap, it would be worth to invest in that kind of promoting the brand. It reaches the biggest keep down of potential customers-the target audience, at the lowest cost. Because the audience targeted is considerably young, the best station to advertise would be a national radio station, but since the financial resources for the campaign are quite small, the efforts will have to concentrate on large local radio stations, where the cost of a campaign will be much smaller.The best time to promote the company in the radio would be early morning, when most of the target audience wake up to work, or listen to the radio while working. In addition to the radio campaign, it would be worthwhile to promote the company on the websites of the radio stations. As mentioned before, it is a great opportunity to raise the awareness of the target audience through two mediums at the same time at a reasonable cost. The cost of small banners at the websites of the radiostations should not be high and will be an strong supplement for the radio campaign. Taxis The reason for effectiveness of advertising the company on taxis is quite clear. The research shows that taxis spend more than 90% of their working time in town and city centers and because of that there is quite a big probability of the adverts displayed inside and o n the sides being noticed by the target audience traveling to and from work. What is more, each taxi spends the average of 8 hours working in city centers, which provides the effectiveness of city billboards, which are much more expensive. With the budget available, the company will have a great opportunity to reach the city and town centers, where the target audience spends a lot of their time. General-interest magazines because of quite a small financial budget of the company, it can not afford to develop an effective internet advertising campaign, which would be a great solution in that case. However, in order to boost the campaign, the company can make a use of the medium of general-interest magazines. Advertising in magazines, quite often read by the target audience such as The Spectator, The Business Magazine or The Economist, but also in more general interest magazines such as Marie Claire or Cosmopolitan, will constitute a great and effective way of make the segment targete d. The main advantage of magazine advertising is that the production quality is high and as a result a more compelling mark advert can be designed.b. Sponsorship-sponsorship may be defined as a commercial activity, whereby one party permits another an opportunity to exploit an connective with a target audience in return for funds, services and resources(Fill, 2002). In order to get noticed in the national radio stations, or even on television, it would be useful to sponsor an event or a concert, which usually gains a lot of attention of young people and enables the opportunity to get noticed by them. As mentioned before, that medium will ensure that the company logosand posters will also be noticed during the event as well as before it takes place, during commercials promoting it.5. Report SummaryThe evaluation of the marketing communication plan is very important in the whole process of the campaign. It is essential not to forget to measurement the degree to which each part of t he marketing communications plan has contributed to successful development of the campaign. With such approach, each part will have to be assessed according to different characteristics in order to observe the effectiveness of the campaign. Since the campaign concentrates on advertising strategy and sponsorship mainly, it will be necessary to measure the degree to which these two marketing tools have contributed to the general success of the campaign.BibliographyCoffee Republic PLC (2007) Coffee Republic Annual Report, RubiconDe Pelsmacker P., Guens M., Van de Bergh J (2001) selling Communications, Harlow Pearson Education LimitedHashemi S. (2007), Anyone Can Do it Building Coffee Republic from Our Kitchen Table 57 Real Life Laws on Entrepreneurship, CapstoneFill C. (2002) Marketing Communications Contexts, Strategies and Applications, Harlow Pearson Education LimitedFill C. (2007) Marketing communications Engagements, Strategies and Practice, Harlow Pearson Education LimitedPick ton D., Broderick A (2005) Integrated Marketing Communications, Harlow Pearson Education Limited
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment