Marketing Marketing Challenge
Choose a company that is facing a significant marketing challenge, such as declining sales, negative brand reputation, or strong competition. Your assignment is to develop a comprehensive marketing strategy that addresses this challenge and helps the company achieve its goals. Your written report should include the following sections.
Sample Answer
Comprehensive Marketing Strategy for “Tuskys Supermarkets” (Kenya)
Company Facing Challenge: Tuskys Supermarkets, once a leading supermarket chain in Kenya, faced a dramatic decline, eventually collapsing due to poor management, financial mismanagement, and strong competition. While the chain is largely defunct, this exercise will treat it as a hypothetical scenario where a revival is attempted, focusing on addressing the core challenges that led to its downfall. The significant marketing challenges it faced were: declining sales, severe negative brand reputation (due to unpaid suppliers, employee issues, and empty shelves), and extremely strong competition from established local and international players (e.g., Naivas, Carrefour, Quickmart).