StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...
Free

Marketing Project: HALAL Company - Essay Example

Cite this document
Summary
The "Marketing Project: HALAL Company" paper focuses on the company which should strive to increase awareness among the non-Muslim community on the use and importance of “HALAL” meat. The firm is encouraged to merge with other firms to gain the advantage of economies of scale…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER97.6% of users find it useful
Marketing Project: HALAL Company
Read Text Preview

Extract of sample "Marketing Project: HALAL Company"

Americana Company HALAL meat is one of the brands that have a market in Qatar market. Muslims believe in eating what has been prescribed by the Quran as lawful. That is “you shall eat from that which God’s name has been pronounced if you truly believe His revelation”. The Muslims, therefore, prohibit food and meat termed as Haram meaning prohibited. Such meat includes meat from animals that die without human interference. They advocate for Halal (lawful) meat.

The brand has superior quality, it is well acknowledged globally by an immense majority in Egypt, Somalia, Morocco, China, Palestine, Saudi Arabia, United Arabs Emirates, Iraq, and Iran just to name a few. The product spread to these countries due to the high population of Islamic people who believe in their religion and cannot question their faith. The focus will be on how to penetrate the European country. Target market and brand positioningThe target market for the “HALAL” brand will be the Muslim people who believe in what is stipulated in the Quran to constitute a lawful meet among the Muslim religion.

The brand meeting to be adopted is pricing the product high to presage the quality of the product (Cadogan, 2009). Messages would be sent to respective consumers telling them how the product is of high value to their health. Product strategyIn Qatar, the target customers have got different social-economic statuses as well as variance in consumption rates due to the difference in preferences and tastes. In this case, America will produce varieties of Halal mAmericaing into consideration the multinational diversity of the market segmentation.

Pricing strategyThe current price of the Halal meat brand products like the Baklava range is approximately $15.99. Though it can be seen as expensive, the underlying pricing objectives for the price increase are to generate more profit from the sales, to meet the production and distribution costs, and finally to demonstrate the product's superior quality. The company will lower the price in the future to increase further the demand as the law of demand and supply dictates. Promotion StrategyThe objectives underlining the product promotion will be to increase the number of sales, the attraction of more consumers, and enhance the brand identity and recognition of the brand in the market.

The company will select the best segment and design effective and sufficient strategies to facilitate the creation of consumers’ value and profitable customer consumers. American will utilize psychographic segmentation where it will target its client based on beliefs, religion, lifestyles, personal characteristics and opinions. The company will compose messages like “Take one Halal meat product and live life Takeuant to Qurans commands.” Distribution strategiesThe company will distribute the brand products from the company to the retailers who finally sell to the consumers.

Additionally, the company will make use of merchants who will have exclusive rights to buy the products and sell them with their titles. On the hand, brokers and agents will be allowed to make the sells on behalf of the company through the sales not be allowed to have the titles on the aforesaid product. E-commerce will be adopted whereby agents covering smaller prospects and consumers will have a direct sales force to enhance the distribution quantity per unit of time. ConclusionStrengthsThe Americana group has the following strengths; constant revenue growth and a good financial position that cannot lead to any distress to the operations.

The group has a leading market position, particularly in European countries. Additionally, the group has diversified its business operations to include other products such as restaurant fast foods and fresh dairy products. It has a full workforce to capacity.WeaknessesThe group suffers from some setbacks like insufficient global charisma as compared to other global leaders. It mostly depends on the domestic market and hence cannot compete internationally.OpportunityThe company has strategic acquisitions to enhance penetration in the market and has a growing retail sector in European countries that can lead to growth.

The company suffers from a stiff competition from the global player unfavorable movements in economic conditions and strict government regulations and policies. Additionally, the product is not well accepted by non-Muslims. Recommendation to cab the challenges.  

Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Marketing project Essay Example | Topics and Well Written Essays - 500 words - 2”, n.d.)
Marketing project Essay Example | Topics and Well Written Essays - 500 words - 2. Retrieved from https://studentshare.org/marketing/1692824-marketing-project
(Marketing Project Essay Example | Topics and Well Written Essays - 500 Words - 2)
Marketing Project Essay Example | Topics and Well Written Essays - 500 Words - 2. https://studentshare.org/marketing/1692824-marketing-project.
“Marketing Project Essay Example | Topics and Well Written Essays - 500 Words - 2”, n.d. https://studentshare.org/marketing/1692824-marketing-project.
  • Cited: 0 times

CHECK THESE SAMPLES OF Marketing Project: HALAL Company

Project proposal

The head office of the company is in Victoria.... company is entering into this logical construction market to target those customers who prefer to buy goods by internet.... One of the objectives of the project is that the company wants to create an online buying environment that caters to the needs of the target market of online buyers in Australia.... In the period of first six months after implementation of this project of online buying facility the company would target to achieve an increase in the revenue of the retail store by 20%....
3 Pages (750 words) Assignment

Implementation of Project Management

ounded essentially as an automotive component manufacturer, the company started manufacturing electronic components for the military during the Gulf war.... Soon after the Gulf war the company emerged a major component supplier for the space programme and when that business segment did not grow well, the company embarked upon the production of various other items relating to energy management, building products and machine tools in addition to automotive components....
9 Pages (2250 words) Essay

Cosmetic Retailing Project of Shiseido

The company was founded by Arinobu Fukuhara, a pharmacist served in the Japanese Imperial Navy.... The company started its expansion since the 1960s.... The main feature is that the company produces non-Shiseido brands in order to meet customers' diversifying values.... The company believed consumers needed counseling before purchasing cosmetics.... By 1995, about 42 percent of the company's products were sold through self-service....
2 Pages (500 words) Case Study

Progression of Flayton Electronics Company

The paper "Progression of Flayton Electronics company" describes that the management of the company must therefore revise the risk management plan by including new features in the register thus ensuring the company has adequate resources to guarantee the fidelity of the company's database.... Additional changes to the register will include an increase in the scope of the risks owing to the fact that the company's market share has increased tremendously....
5 Pages (1250 words) Essay

Marketing Strategy for Halal Meat by McDonalds Corporation

External parties mainly consumers and potential investors are kept in touch with the company through promotion.... The channels use is mainly advertisement using online platform and billboards, which updates them on the company's products and services. ... The paper 'Marketing Strategy for halal Meat by McDonald's Corporation' states that McDonald's is a Corporation that mainly deals with the processing of hamburgers and their delivery to various destinations....
8 Pages (2000 words) Essay

Marketing in Project Management

he marketing of the construction products is a challenging task for any company involved in construction marketing.... he place of marketing in the project management depends on the company to company.... company collects deposits in advance according to the development phases.... The price leadership or the product leadership depends on the target customers and strategic goals of the company.... Marketing strategy is always aligned with the strategic plans and goals of the company....
5 Pages (1250 words) Essay

Marketing Strategies for Sainsbury

Given the above SWOT and PEST analysis of Sainsbury, the company's marketing team requires numerous SMART objectives that will enhance the company's profitability while safeguarding its longevity.... The company targeted to achieve a growth of 1%, such was a low target which portrayed the weaknesses in the prowess of the marketing team.... The team must therefore strive to improve the company's market share by 2% since such is achievable given the state of the UK economy....
6 Pages (1500 words) Assignment

Conflict Between Engineering and Marketing Interface

This assignment "Conflict Between Engineering and Marketing Interface" focuses on crucial aspects for thriving development and commercialization of company products.... These two aspects are considered crucial for thriving development and commercialization of company products.... From this analysis Clark and company, the third largest company in supplying bathroom fittings for home and commercial use is facing fierce competition arising from customer preference and cost of equipment. ...
11 Pages (2750 words) Assignment
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Contact Us