A2 Unit 8 Business Planning – Lesson 6. BELLWORK – THE UK FRUIT JUICE AND SMOOTHIE MARKET Rank in order of 1 to 5, the biggest sellers of Fruit Juice/Smoothies.

Slides:



Advertisements
Similar presentations
Customer focus And the Marketing mix.
Advertisements

Lim Sei cK.  If your business is to succeed, you have to be able to sell your product.  Businesses that succeed do so by creating and keeping.
Company/Product Overview Use-it Cases Approach For Communication As a “send ahead” when you want to introduce your company and product to customers and.
Company Name/Logo Name of Founder/Owner MGT 487 May 2014.
1 planetretail.net Strategic Preview: Q4 December February April 2014 David Gray Retail Analyst STRATEGIC PREVIEW.
31 st Aug 2006 Retailer brand strategy Simon Ford Former Head of Market Research, Tesco UK.
Competitive Strategy.
Your Project Details.
SMALL BUSINESS PLAN GUIDE
First Thing: Discuss everyone’s ideas. Glossary of terms.
“Annual” Report u Section 1: Mission Statement v v State the original mission statement of company (include markets served, how served, and key resources.
Promotion Lesson Objectives:  Define promotion  List promotional mix activities  Explain what can influence the promotional mix.
Oligopolies A2 Economics. Starter: Recap on Concentration Ratios Peer Mark Oligopoly Homework Questions 1, 2, 3.
Competition in the Business World! Year 10 GCSE Business Studies Monday 2 nd July, 2012.
Documenting Network Design
Analyzing the Competition Lesson 16. Who is the Competition? Important for retailers to know who their competition is and to understand as much as possible.
Market Analysis.
Strategic Planning: Making Choices in a Dynamic Environment
Week One Chapter five “Develop a Business Plan”
Marketing Marketing Basics
Determine What to Buy Know and understand the role of the marketing mix and research in a retail store.
Product Planning, Mix, and Development
ENTREPRENEUR SLIDE PRESENTATION Company : Person in Charge : Designation :
Chapter 30 product planning Section 30.1 Product Development
What is your weekly choc count? Aim: This is to give some idea about how much chocolate features in most people’s daily lives. Each person estimates how.
Company Name Business Plan. Business Concept Clearly state your company’s long-term mission. –Try to use words that will help direct the growth of your.
LoudDemo Marketing plan Market Research  No direct competitor  200 Record Labels in Finland  8000 Record Labels in Europe  Thousands of.
BTEC L2 Business Enterprise/ICT Unit 2 – Business Organisations P2: Describe the purpose for a business in setting aims and objectives To understand why.
Questioning Tweak Boxes – Making Students Think Inference Squares.
IELTS Intensive Writing part one. IELTS Writing Two parts of ielts writing Part two is a discursive essay Part one is:- Graph, chart, diagram.
The Project – Spreadsheet Specification Items to include in your Spreadsheet Specification 1)Scenario relating to the Spreadsheet part of the system 2)Problems.
Market and Market Identification Try to memorize the terms in this section, because you will use them throughout your study of marketing! The first important.
MARKETING PLAN 1)Executive summary 2)Current Marketing situation
Section 30.2 Sustaining Product Sales
Products, Services and Brand Management. What do we mean by the “Product”? From the consumer standpoint… From the organizational standpoint… From the.
 BM-X Mike’s Bikes Simulation Keenen Moreira-Lima Wade Bordian Reece Cain Carla Sutton
[Product Name] Marketing Plan
Starter Activity Complete the worksheet provided by your teacher!
OPERATIONS MANAGEMENT STRATEGY 1. PRODUCT CHOICE 2. PROCESS CHOICE 3. FACILITIES CHOICE 4. QUALITY CHOICE.
Lesson 16: Analyzing the Competition. Objectives Determine who the competition is and how they are affecting your business Determine who the competition.
1.3.1 U NDERSTANDING THAT BUSINESSES OPERATE WITHIN AN EXTERNAL ENVIRONMENT AQA Business 1 W HAT IS BUSINESS ? Businesses are influenced by factors in.
1 Essential Question: Identify the two types of highly competitive markets, describe the four conditions required for Perfect competition and explain why.
Section 30.1 Product Development Chapter 30 product planning Section 30.2 Sustaining Product Sales.
What was life like in a medieval village?
Starter - Product pricing Who do you think sets the prices for these good? Which are high prices and which are low?
Template provided by MarketeersClub.com File Name MP_Competitive Summarys_0409 Competitive Summary – Competitors & Their Core Competency QualityServiceBenchmark.
GCE Applied Business Unit 1 Investigating Business Broom House Farm Aims and Objectives.
Task 7 Marketing Plan. By the end of this presentation you should have:  Understood what is meant by a marketing plan  Read and understood your secondary.
Miss E King Business Studies AO1 Describe the Roles and Responsibilities of a Senior Manager, a Manager and an Employee at Waitrose.
Section 28.1 Marketing Information Chapter 28 marketing research Section 28.2 Issues in Marketing Research.
Learning About the Competition Copyright © Texas Education Agency, All rights reserved. )
Lesson 2 – Market Segmentation and Marketing Mix.
A2 Unit 8 Business Planning – Lesson 5. Who reads this magazine? Write down 3 key facts about the typical reader of this magazine and what evidence on.
A2 Unit 8 Business Planning – Lesson 6.  Describe your business proposal  Explain your business proposal  Thoroughly explain your business proposal.
Short answer & Case Study session
Understanding Customer Relationships Bob Hogg Senior Examiner Assignment brief December 2013 / March 2014.
A2 Unit 8 Business Planning – Lesson 4. Create a definition of market research? If you need help, use the following words Information Competitors Collecting.
Chapter 30 product planning Section 30.1 Product Development
Business & The Competitive Environment
Lesson 2 – Market Segmentation and Marketing Mix
History Writing Workshop 1
a. What is the output produced by this monopolistic competitor?
Chapter 12 The Marketing Mix: Product
1 Write 5 quiz questions based on the lesson for a classmate 2
Lesson Objectives All students will understand
What is market structure?
Business Plan Presentation
Lesson 3: The Marketing Mix Product and Price
Lesson 52 – The Product Rule
Presentation transcript:

A2 Unit 8 Business Planning – Lesson 6

BELLWORK – THE UK FRUIT JUICE AND SMOOTHIE MARKET Rank in order of 1 to 5, the biggest sellers of Fruit Juice/Smoothies in the UK Asda Own Brands Tropicana Juices Tesco own Brand Innocent Sainsbury own Brands Can you name any other brands?

 Identify key competitors of your business proposal  Understand the importance of key factors about your competitors  Research your competitors LESSON OBJECTIVES

 This is working towards AO1 which is marked out of 16:  Mark Band one (1-4 marks): A description/list of the Business Proposal  Mark Band Two (5-8 marks): A Partial explanation of the business proposal  Mark Band Three (9-12 marks): An explanation of business proposal  Mark Band Four (13-16 marks) A thorough explanation of the business proposal. SUCCESS CRITERIA

 Where could you find out information about your competitors? Describe your main competitors. Collect, copy and paste as much as the following information as possible and label it as an Appendix. Try to include:-  A general summary of the overall nature of the competition – direct & indirect.  Main products/product features and how they differentiate.  Number of stores  Prices  Location THE COMPETITION

What is market share? Sales of one product in relation to others in the market. This is often seen as a key test of marketing strategy by larger organisations. Describe market share in the U.K casual dining business

 Summarise what you have learnt about your competition in 5 sentences.  (You will use this as the basis of the section in the introductory paragraph on competition) PLENARY - SUMMARISE