1.
Introduction of Anderson’s Company
Anderson's
Company hired me as a consultant, however, in order to get success in the
market and to sell the artistic talent of Mary Anderson’s or to help the
company to be in millionaires, there is the need to focus on the best
leadership processes as well as the best marketing techniques so that company
can get the success in the worldwide market. However, as analyzed in the case
study that as an interior designer Mary Anderson in New York City is painting
her translucent beauty as well as the fidelity silks. Her art includes painting
on the silk with the use of 56 colors different, 132 particular or specialized
brushes, etc.
However,
the company Andersons already got fame in 2008, as people or the market already
recognized the importance of the Anderson silks. The simpler pieces are decided
to sell at $100. The “Field of Poppies” decided to sell at $800 to $5000, and
the special art pieces decided to sell for over $20,000. The company is already
selling its product but the mission of the company is to get successful and
recognized in the worldwide market, in this Andersons Company should focus on
the good planning as well as the realistic goals, in order to achieve the
objectives example awareness of Mary Anderson’s artistic talent to the world,
to help world-ecology, business continuity, revenue maximization etc. there is
the need to focus on the business practices relevant to foreign cultures, hard
work, product modifications, identification of the emerging needs, marketing
management and winning attitude, etc. (Stogdill, 1974)
Objectives of
Andersons Company
·
Awareness of Mary Anderson’s artistic talent to
the world
·
To help world ecology; protection for threatened
species
·
Business continuity
·
Revenue maximization
Problem
statement of Anderson’s Company
“Andersons
Company needs to be successful by compelling brand story, focusing on the
search engine optimization, social media, etc., and take steps to finish
ecological footprint measures, there is the need to produce the natural
resources and finish carbon emissions by providing awareness in the worldwide
market in order to achieve its objectives like awareness of Mary Anderson’s
artistic talent to the world, to help world-ecology, business continuity, and
revenue maximization etc.”
2. Analysis
and suggestions
A hobby can
be evolved into a business for a global reputation by managing public relations
If the companies want
to gain an advantage over their customers, public relation or simply PR is the
best way. Using this strategy concerning communication is beneficial for both
the companies and the customers (Sejati, 2018).
Andersons
Company can get success by using this strategy as it based on the relationship
that exists between the consumers and the providers. For the sales, the
relations of companies with their clients are significant. These connections
when the companies are looking for support. Organizations rely on PR when they
have to spread the essential messages and persuade new customers. After all,
new customers believe their friends more than newspapers and ads. If a product
is mentioned in a discussion as a part of the personal experience, the effects
will be quite useful actually. The companies that think mass media is not
active anymore; they focus more on digital marketing, which proposes the idea
of raising awareness using a different digital platform such as Twitter and
Search Engines. For example, Google plays a significant role in promoting the
products and making the presence of a specific product or service popular (Philip M. Hurvitz, 2014).
Public
relation can be created through:
·
Finish ecological footprint measures
·
Produce natural resources
·
Finish carbon emissions
Ecological
footprint measures of Anderson’s Company
Andersons
can be successful through providing awareness and taking the step to reduce the
ecological footprint as it is considered as the human activity that is creating
the pollution that is harmful to the people and living creatures and can be bad
for the future generations. Andersons need to focus on producing renewable
resources in order to protect the environment, and there is the need to observe
waste products, and also the fossil fuel because carbon dioxide emissions are
coming out of it.
However,
taking the step for the ecology company can be famous in the market as there
could be productive land and more opportunities for the forest and fishing
grounds. In order to protect the human population, biological capacity, and
biological materials need to be considered for the reduction of the ecological
footprints. Andersons can be recognized worldwide in this way, as there can be
support for the cooperate social responsibility. Countless successful companies focus on
their management and behavior with their clients. Consumers trust the service
providers just because of their honesty and attitude with them as well. If a
team is focusing on the betterment of the relationship between the firm and the
consumers, it works out very fine actually. However, the Andersons can
get success by getting recognized as the company that has goodwill (Winston, Stevens, Sherwood, & Dunn, 2013).
Individual
talents of the Andersons
The
individual talents of the Andersons can be the key assets of the business, as
there is the need to promote the talent of the Mary Anderson’s, an interior
designer, painting on the silk on the social media. (Tejeda, 2001)
Social media of
Anderson’s Company
Social
media marketing needs to be the focus of the Andersons in order to get success,
like Instagram, Facebook and Twitter proved to be the best and powerful tool in
making the brands successful. Newsletters, the print media, and broadcast ads
can also be considered by the Andersons Company in order to get success.
However, through social media marketing Andersons can attract the customer
worldwide. Multiple social media networks need to be a consistent approach to Andersons
(Frolova, 2014).
Andersons
Company needs also need to focus on the advertising and promotional strategy as
it has a significant contribution to organizational success as it directly
affects the sales of the organization. If the graph of sales has been going low
for a long while now, the organization needs to raise sales. This purpose is
completed with urgency. Promoting the products usually, do the jobs for the
firms.
Promotions
mean lessening the original rates and making the customers buy the products
quickly. The Andersons Company for the maximum incomes can decrease the price
of the painting for some time. Various firms use coupons and gift cards for
promotions. Even with the tickets, the customers feel the need to buy the
services quickly, so Andersons Company can also do that. (Thirtle, 2002)
Benefits in
future positioning
Marketing
management of Anderson’s Company
With the developments, the companies
don't suffer from a loss. They are experiencing a rise in sales with
advertising. The advertising and the promotional strategy is a bridge among the
customer as well as the product that is derived from the marketing strategy. A
marketing plan is one of the essential aspects of advertising and promotional
strategy, where every business must have the proper business plan to produce
and communicate along with the services as well as the products. The marketing
plan is explained on behalf of the segments of the target audience; if the
marketing plan is developed, then the budget is set on behalf of the
promotional strategy. Advertising is paid, non-personal communication by the
different media about the business firm, not on behalf of the profit for the
organization, product as well as an idea generated through the specific sponsor
during the massage which is planned to inform, and persuade with the influence
audience (Hock-Hwa, 2017).
Advertising
of Anderson’s Company
Andersons Company's needs can focus
on the advertisements as advertising is the audio and visual form in the
marketing communication, which employs the openly sponsored, non- personal
message to encourage and sell the product and services or idea. Adverting is
differentiated from public relations, where the advertiser pays on behalf of
control over the message.
Advertising is the impersonal communication of
information about the product, services with innovation by the different media
as well as it is usually persuasive through nature as well as paid through a
recognized sponsor. Advertising is the means of communication through a user of
products as well as services. Advertising is the message paid through those who
send them as well as are planned to inform as well as influential people who
receive them. Advertising is ubiquitous,
which surrounds us the lands in the mailbox as well as interrupts the favorite
elements of entertainment (Akrani, 2013).
Business
continuity through direct marketing and classified
advertisement on social media
Andersons Company if need to ensure the
growth of sales and revenues no matter what, they tend to rely on the mixed
strategy of both channels. They consider it essential to combine both the
methods and use them to target more customers. Direct marketing can affect the
customers that use such channels. And digital marketing can persuade the
consumers that tend to use the digital channels and platforms more.
Andersons Company can use
classified advertisement is the way of publication in which the product and
service are advertised in the classified section of the newspaper or social
media. It is considered among the most effective way of advertisement because
many people read the newspaper and through viewing the classified section they
can gather the information about the products the businesses are offering. The
ad has a strong connection with the sales generation and increasing the profit
of the corporation (Akrani, 2013).
Identification
of the emerging needs through developing message
Andersons Company need to create the message, as developing the
message for advertisement is another step of promotion. After determining the
brand positioning, the time is to develop the advertisement message in order to
effectively and efficiently influence the target audience (Baines,
Fill, & Page, 2013). Objectives of advertisement should be
linked directly to the marketing plan tending to fit into the different generic
categories such as:
·
Inform: about the silk
painting, it is raising brand. Need to be focus on product awareness and
establishing the competitive advantage.
·
Persuade: instant
response generation from the target audience that drives the sale
·
Remind: maintaining
the enthusiasm and interest for the product or service.
The advertisement message is a documented fact that is well
branded and creative, the best results can be generated through the distinctive
advertising and it also ensures that best possible creative team is being used
in the company. It should be remembered that the message will be successful
only if target audience perceives it as appealing, so it is important to refer
back to the customer constantly and tailor the ads to them (Baines,
Fill, & Page, 2013).
The course of
action that takes into consideration
Revenue
maximization of Anderson’s Company
Andersons
Company for the increase in the revenue needs to focus on the marketing plans. The revenues of a company directly
depend on the popularity of the service. If a customer doesn’t even know about
the presence of a specific product, he/she can never divert the attention to
it. For the advertising purposes, the communication process with
the accurate segments and ensuring best positive response rate is targeting. This is when the education of the
market is essential. When customers know that there is another brand offering a
much better quality product, they will buy it instead (Disabato,
2016).
Therefore,
Andersons Company can need to first target the customers, who wants to buy the
painting through social media and then there is the need to create awareness
and provide promotional assistance to get competitive success.
Andersons
Company for the increase in the revenue by marketing celebrity
endorsement, some of the new launched companies use important celebrities in
there advertisement and these celebrity takes a lot of budget for the company’s
advertisement so that this advertisement increase a lot of attraction for the
new costumer so Andersons can also do that because of this
the profitability of that product increase rapidly than the other similar
product in the market (Hock-Hwa, 2017).
Recommendations
of Anderson’s Company
One of the important recommendation for
Andersons Company is that the advertisement must be
extremely attractive when you company is launching the product because this
advertisement strategy gives more than fifty percent of the total profit means
that if your product is perfect but your company is unable to make best
advertisement so there will be no attraction of companies product. Some of the
new launched companies use important celebrities in there advertisement and
these celebrity takes a lot of budget for the company’s advertisement so that
this advertisement increase a lot of attraction for the new costumer so because
of this the profitability of that product increase rapidly than the other
similar product in the market.
It
is recommended to focus on the marketing mix and targeting the customers
efficiently by Andersons Company. When the corporation
enters into the international market, they should change their marketing
strategies according to the trend that prevails in the country in which the
organization has come through this they will able to grab the attention more
efficiently. Today the organization changes the marketing strategy according to
the culture and tradition of the people. When the commercial or ad is going to
portray the culture of the people or show the similar values which the viewers
of the commercial possess than the sales of the product will experience growth.
3. Conclusion
of Anderson’s Company
It
is concluded that Andersons Company can get success through marketing
strategies of the business as it help the business to grow when the business
gain prominence in the market the demand for its products increases in the
market which ultimately help the company to expand and diversify into new
sectors. However, Andersons Company should focus on the good planning as well
as the realistic goals, in order to achieve the objectives example awareness of
Mary Anderson’s artistic talent to the world, to help world ecology, business
continuity, revenue maximization etc. The advertisement strategies allow the
business to increase its market share. Not only the market share increases but
also the corporation able to maintain the competitive edge over its
competitors.
References
of Anderson’s Company
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January 3). Importance of Advertising - Why Advertising is Important?
Retrieved from
http://kalyan-city.blogspot.com/2013/01/importance-of-advertising-why.html
Baines, P., Fill, C.,
& Page, K. (2013). Essentials of Marketing. OUP Oxford.
Disabato, D. J. (2016).
Different types of well-being? A cross-cultural examination of hedonic and
eudaimonic well-being. Psychological assessment,, 28, ((5)), 471.
Frolova, S. (2014). THE
ROLE OF ADVERTISING IN PROMOTING A PRODUCT. CENTRIA UNIVERSITY OF APPLIED
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Hock-Hwa, H.-h. C.
(2017). Personal Selling: The Selling Begins When the Customer Buys You.
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(2014). Relation Between Higher Physical Activity and Public Transit Use. IBM.
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Communication, Direct Marketing, Public Relation and Advertising. GRIN
Verlag.
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E., Sherwood, P. K., & Dunn, J. P. (2013). Market Analysis: Assessing
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(2001, Spring). The MLQ revisited:
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