Nespresso Marketing Plan
[pic 1][pic 2]Project Report Nespresso marketing plan (60%)Commissioned by and prepared for:Principles of Marketing ManagementB.A/ (Hons) Business and ManagementUniversity of Northampton, United KingdomApril 2015 moduleTutor: Dr Adrian Liew By: Satveer Dhillon (UON ID: 15400105)Executive summaryThere is an opportunity for Nespresso to improve its sales over the next three years. Nespresso at the moment is only selling their espresso capsules online or in one of there three boutiques in New Zealand. The machines using these Pods are however sold in over 290 retails around New Zealand. So why not ask these retails to sell the capsules too? Doing this, will stop the customers from buying Pods from the competitors that are compatible with Nespresso machinesTable of ContentsExecutive summary Background Machines Capsules Capsule recycling Situational analysis PEST Analysis Economic factors Socio-cultural factors Political factors Technological factors SWOT Analysis Strengths Weaknesses Opportunities Threats Competitors Analysis Marketing strategy Target market Positioning Target market Product positioning Product line Price Communication Sales force Advertising Sales promotion Synchronous Research and development Marketing research Marketing mix Product Price Place Promotion Implementation and control Conclusion and recommendations BackgroundThe Swiss company Nestle launched Nespresso back in 1986. Nespresso system concept was a Swiss coffee inventor and pioneer Eric Favre’s idea. The company has ever since grown significantly. Nespresso has managed to have an annual growth rate of 30% since the year 2000. Today, Nespresso is available in more than 50 countries and sales are around US$ 1.7 billion a year (Kotler & Armstrong , n.d.).
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