Strategic Audit of Tesco's Branding Strategies in China

Number of Words : 3877

Number of References : 14

Assignment Key : RGSTB-18577

Contents

  • Content for this assignmentExecutive Summary 3
  • Content for this assignmentIntroduction 3
  • Content for this assignmentGrowing scopes of supermarkets in China 3
  • Content for this assignmentExpansion of Tesco in Emerging economies 4
  • Content for this assignmentTesco in china 4
  • Content for this assignmentMethodology 5
  • Content for this assignmentStrategic marketing audit and findings 5
  • Content for this assignmentPorter’s five forces 5
  • Content for this assignmentIndustry rivalry 5
  • Content for this assignmentBargaining power of the suppliers 6
  • Content for this assignmentBargaining power of the buyers 6
  • Content for this assignmentThreats of the new entrants 7
  • Content for this assignmentThreats of the substitute products and service 7
  • Content for this assignmentSummary of the Porter’s Five Force analysis 8
  • Content for this assignmentPESTLE 8
  • Content for this assignmentSummary of PESTLE 9
  • Content for this assignmentAnalysis of the opportunities and threats 9
  • Content for this assignmentStrategic options 10
  • Content for this assignmentConcept of Branding 10
  • Content for this assignmentBrand positioning through differentiation and innovation 10
  • Content for this assignmentCo-branding 11
  • Content for this assignmentPromoting the brand Tesco 11
  • Content for this assignmentCulture and branding 11
  • Content for this assignmentStrategic Recommendations 12
  • Content for this assignmentConclusion 13
  • Content for this assignmentBibliography 14
  • Content for this assignmentAnnotated Bibliography 15

Description

The major focus of the report would be on the branding strategies of Tesco in terms of the adjustment the company requires to do for establishing into a country which is different in culture and customers expectations. Currently China is a strong emerging market which has increased the interest of the retail giants like Tesco to enter into the province with strong brand presence to get substantial market share and earn profitability. Since China possesses a very different and diverse culture from that of the European markets, the branding of Tesco in China would require a thorough strategic audit for understanding the microenvironment of the new market. Tesco has made entry to the market of China initially without a success.
This is because the company has not been employing its own brand name as well as products in the strategic alliances with the Chinese counter of the business and hence failed to comprehend the Chinese market at large. Tesco is currently pursuing to establish the company into the China market inclusive of their branding activities for promoting its brand of products and goods through promotions and advertisements for making a success story.

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