Southern Cross Business School MKT00720 – Marketing Session 2, 2018 Assignment 2: Report (on Amazon Australia) Core Information: Due: Due by 11.00pm AEST, 23th September 2018 Weighting: 30%...

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hello,this assignment is a report and please make this the best because i failed in the previous assignment which you guys made.


Southern Cross Business School MKT00720 – Marketing Session 2, 2018 Assignment 2: Report (on Amazon Australia) Core Information: Due: Due by 11.00pm AEST, 23th September 2018 Weighting: 30% Individual/Group Individual Word limit: 1500-2000 words in total (plus or minus 10%) Aim The purpose of this assignment is to again provide you with an opportunity to apply knowledge, theory, frameworks and tools from the early part of the unit to an analysis of the strategy and strategic practices of a real organisation. In this assignment, you will work to analyse the strategies pursued by the Amazon Australia since its creation. You will evaluate marketing-related strategies and their effectiveness and relate to be real-life experiences and relevant research to look at core marketing theory. The aim is to provide experience of marketing analysis and practice and to determine your ability to relate real marketing strategy to theory and research. The Overall Task In increasingly competitive markets, consumers have a greater choice over where they buy their goods and services. For an organisation to meet its business objectives, it has to find out what consumers require and then identify the best way in which it can satisfy these needs and wants. Creating a competitive advantage can be difficult. A unique marketing strategy with clear objectives is vital to ensure effective promotional activity. Your task in this case analysis is to answer two questions by critically analysing Amazon Australia’s market situation. Please do not just describe events, although you should read Amazon Australia’s history to understand the background to your analysis. You should use the principles and concepts that you have learned throughout the unit to answer the following two questions: 1. What marketing strategy or strategies has Amazon Australia has adopted since it was created? Answer this question by applying one or more of the theoretical approaches discussed in the course. 2. What marketing options can you describe for Amazon Australia if it wishes to remain a successful organisation throughout the next decade? Answer this question based on the circumstances that exist in 2018 and your best forecasts of relevant future industry factors. These are wide-ranging questions and you should undertake extensive independent research into Amazon Australia and its industry. You should explore different aspects of these issues and incorporate them into your report. This is a practical assessment of a real company, but you need to show an understanding of theory and research in your evaluation and suggestions. Process 1. Begin to gather information about Amazon Australia and its marketing-related strategies. There are a range of sources you can make use including the company’s own corporate website and related publications, academic journals, business press and media and so on. The quality business press such as Forbes or Business Week or the Economist are in some ways good places to start. 2. However, you need to begin to study relevant course materials as the task requires you to analyse and evaluate Amazon Australia’s marketing strategy in relation to theory, frameworks and research. 3. Consider each of the two questions carefully and begin to relate practice to theory in an attempt to answer each of them. The questions explicitly direct you to specific aspects of the unit material and to specific types of models, tools and theories. 4. It should be clear that there is no definitive right answer here. This also mirrors reality, in that companies are not able to find a single solution or pathway; they have to make difficult choices from alternatives. In the light of that try to explore different aspects of the two questions – there are no ‘correct’ answers and lots of valid arguments for and against all kinds of alternatives. The merits of your argument will depend to a large extent on how much evidence you can cite to support your point of view; that is why this is called a research project. 5. Write up your analysis. This should be in a report format. Here is a suggested structure: a. Executive Summary b. Introduction c. Background to the Company d. Marketing Analysis i. The Nature of Amazon Australia’s Marketing Strategy or Strategies since it began. ii. Strategic Marketing Options for Amazon Australia moving forward e. Conclusion f. References g. Appendix Ensure that you have related the real conditions of the company to theory and research and that you have read, cited and referenced appropriate academic material as well as more popular sources (which also need to be properly referenced). 6. Submit the report via the Turnitin Submission Link (under Assessment Details on the Blackboard site)…be fully aware of the plagiarism rules in the School; plagiarism will not be tolerated. 7. The marking criteria for the assignment can be found on the following page. They are published to give you detailed guidelines about the way in which your mark will be calculated. Please read them carefully. Note that they are a guide, not a definitive formula for allocating marks, and no set of criteria can accurately describe every possible assignment. Your final mark will reflect the application of academic judgement by your marker to your whole assignment. Marketing – MKT00720 (Session 2, 2018) Assignment 2: Report (on Amazon Australia) Ratings and Comments According to Criteria Mark Executive Summary Provides a properly constructed and correct length executive summary: Excellent |_| Very Good |_| Good |_| Satisfactory |_| Needs Development |_| Poor |_| The executive summary provides a brief overview of the purpose of the report and an effective summary of its content: Excellent |_| Very Good |_| Good |_| Satisfactory |_| Needs Development |_| Poor |_| Further Comments as necessary: /5 Introduction. Properly describes the task and sets up the report content that follows: Excellent |_| Very Good |_| Good |_| Satisfactory |_| Needs Development |_| Poor |_| NA Places the assignment in context in terms of discussing the nature and importance of marketing strategy and its relation to the success (or otherwise) of companies such as Amazon Australia: Excellent |_| Very Good |_| Good |_| Satisfactory |_| Needs Development |_| Poor |_| Further Comments as necessary: /5 Background to the Company Provides a clear, sufficiently detailed and properly referenced account of Amazon Australia’s emergence and development as a company: Excellent |_| Very Good |_| Good |_| Satisfactory |_| Needs Development |_| Poor |_| Provides a clear, sufficiently detailed and properly referenced account of Amazon Australia as a company, for example, type of company, size, industry, basic performance data etc: Excellent |_| Very Good |_| Good |_| Satisfactory |_| Needs Development |_| Poor |_| Further Comments as necessary: /10 Marketing Analysis The Nature of Amazon Australia’s Marketing Strategy or Strategies since it began. Identifies and discusses the marketing strategy or strategies pursued by Amazon Australia: Excellent |_| Very Good |_| Good |_| Satisfactory |_| Needs Development |_| Poor |_| Relates the strategy/strategies pursued by Amazon Australia to theories, models and research: Excellent |_| Very Good |_| Good |_| Satisfactory |_| Needs Development |_| Poor |_| Further Comments as necessary: /30 Strategic Marketing Options for Amazon Australia moving forward Provides an analysis of Amazon Australia’s current situation from a strategic marketing standpoint: Excellent |_| Very Good |_| Good |_| Satisfactory |_| Needs Development |_| Poor |_| Demonstrates capability in applying marketing-based analytical tools: Excellent |_| Very Good |_| Good |_| Satisfactory |_| Needs Development |_| Poor |_| Provides plausible recommendations for a marketing strategy that promises to move it forward successfully: Excellent |_| Very Good |_| Good |_| Satisfactory |_| Needs Development |_| Poor |_| Further Comments as necessary: /30 Conclusions: Draws sensible conclusions based on the analysis and discussion: Excellent |_| Very Good |_| Good |_| Satisfactory |_| Needs Development |_| Poor |_| Conclusions reveal key learning to be taken from the analysis: Excellent |_| Very Good |_| Good |_| Satisfactory |_| Needs Development |_| Poor |_| Further Comments as necessary: /10 Technical and Professionalism Aspects of the Report In-text citations and proper referencing (note: an absence of in-text citations and referencing may lead to penalties beyond the marks allocated for this criteria point): Excellent |_| Very Good |_| Good |_| Satisfactory |_| Needs Development |_| Poor |_| Appropriate sources used and referenced: Excellent |_| Very Good |_| Good |_| Satisfactory |_| Needs Development |_| Poor |_| Presented in well-thought out, consistent, readable form/appropriate length: Excellent |_| Very Good |_| Good |_| Satisfactory |_| Needs Development |_| Poor |_| Style, spelling, grammar and syntax Excellent |_| Very Good |_| Good |_| Satisfactory |_| Needs Development |_| Poor |_| Further Comments as necessary: /10 Summary Comments as Necessary: School extension policy Students wanting an extension must make a request at least 24 hours before the assessment item is due and the request must be received in writing by the unit assessor or designated academic. Extensions within 24 hours of submission or following the submission deadline will not be granted (unless supported by a doctor’s certificate or where there are exceptional circumstances – this will be at unit assessor’s discretion and will be considered on a case by case basis). Extensions will be for a maximum of 48 hours (longer extensions supported by a doctor’s certificate or exceptional circumstances to be considered on a case by case basis). A penalty of 5% of the total available grade will accrue for each 24 hour period that an assessment item is submitted late. Extensions will NOT be approved because of problems with personal computers or storage devices. Back up your work every day to a secure location. Page
Answered Same DaySep 18, 2020MKT00720Southern Cross University

Answer To: Southern Cross Business School MKT00720 – Marketing Session 2, 2018 Assignment 2: Report (on Amazon...

Soumi answered on Sep 22 2020
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MKT00720 – Marketing
Session 2, 2018
Assignment 2: Report (on Amazon Australia)
Table of Contents
a. Executive Summary    3
b. Introduction    4
c. Company background    4
d. Marketing Analysis    4
i. Nature of Amazon Australia’s marketing strategies since its inception    4
ii. Strategic Marketing Options for Amazon Australia to move forward    6
e. Conclusion    7
f. References    9
a. Executive Summary
Amazon entered the Australian Market in December 2017. Australian Retail industry was already in
a phase of transition, which was accelerated with Amazon’s entry. There were many hindrances that came into its way of expansion like highly dispersed population in the country, which made it difficult to deliver things on time economically. This further added on to the problem of Competitive Pricing. This was solved through ‘Amazon Fulfilment Program’, which acted as a give and take relationship for both Amazon as well as small retailers. Making use of collaborative ventures and seasonal shopping periods helped Amazon set its foot in the market. A well-formulated Omni-channel strategy making use of both online and physical infrastructure will help it attain success in Australia. In addition, acquiring Whole Foods, services like Amazon Prime, Alexa, Amazon Fresh, and different kind of stores targeted at various customer segments will play a crucial role in Amazon’s development plan in Australia.
b. Introduction
The retail industry in Australia is facing huge disruption as being faced by conventional retail chains all over the world. The rapid influx on online e-commerce channel of retail in almost all product categories has forced traditional retailers to adapt to the changing business scenario and many upcoming small, medium and large-scale retail stores to shut down. The Australian retail industry generates close to $ 311 billion in annual sales with over 30% industry wise annual growth percentage (Business Insider Australia, 2018).
Along with multinational retailers, that are pressurising local businesses with advanced business practices, this disruption is majorly caused by the changing consumer buying behaviour. With the consumer becoming more tech savvy, cosmopolitan and wants constant enhancement in the user experience, Amazon is set to replicate its success in the Australian market as well, yet the future lies with the fact that Amazon needs to display agility in their business practices, a well formulated Omni channel approach and take into account the changes in the consumer household fundamental economies and buying patterns across multiple product categories for its continued success in the Australian retail industry (KPMG, 2018).
c. Company background
Before entering the Australian online retail industry in December 2017 virtually dominated every market, it chose to enter with its perfect combination of product choice, price and speed. Amazon, which started as a bookstore, has always focussed on providing the largest pool of products to its customers while continuously reducing the prices, as part of its global strategy. However, its efforts in the overseas markets still long to see the massive success the company generated in the United States (KPMG, 2018). While the company faces intensified competition in the global markets from the local online commerce players, its strategy of moving closer to the customer faces even tougher competition from the well-established Australian retail chains and highly penetrated small retailers in their respective areas.
d. Marketing Analysis
i. Nature of Amazon Australia’s marketing strategies since its inception
As stated by Kalia, Law and Arora (2018), the online retail channel has surely been the cause of large-scale disruption in the retail industry as a whole and Amazon has remain the pioneer of this disruption. With its foray in the Australian market, Amazon aimed to increase the low online retail-shopping share in Australia, which stands at roughly 10% of the total sales. The strategy had impediments like the highly spread out population of Australia and absence of proper inland transportation services, hampering the promise of fast and easy availability of products to the masses, which has been the primary concern of other online retailers in the Australian market for years (ABC News, 2018).
As mentioned by Verhoef, Kannan, and Inman (2015), the key to success in retail in the changing global scenario lies in understanding what the customer wants and working backwards from thereon, which is exactly what amazon Australia seemed to work on in its early days on inception. With a fulfilled centre just outside Melbourne and head office in Sydney, the first part of strategy was to get the local sellers on board as part of the “Amazon fulfilment program”, where small retailers make use of Amazon’s end-to-end services including listing the products on its website, packaging and eventually shipping to the respective customers....
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