$20 Bonus + 25% OFF
Securing Higher Grades Costing Your Pocket? Book Your Assignment at The Lowest Price Now!

Management The Interactive Business World

tag 0 Download11 Pages / 2,644 Words tag Add in library Click this icon and make it bookmark in your library to refer it later. GOT IT


Discuss About The Management The Interactive Business World?




Marketing strategies used by all the manufacturing, wholesale, retail and even all the industry. Business owners in USA are trying to establish business strategies in order to improve on marketing their product. Successful business plan and strategies helps to increase the profit from the business. The scope of the report is to analyze how the brand Ford has made a largest position in the automobile industry as manufacturer, distributor and marketers of the brand (Czinkota and Ronkainen, 2013). It was founded by Henry Ford and incorporated on June 16, 1903.

The five pillars of business marketing is price, product, place, promotion and the people. Marketing strategies formulated depend on those above points. The essential elements of business strategic or tactical planning is the product itself, the price of the product, the placement or the position of the product in the market and at last is the advertisement and promotion of the product. The pricing of this brand is done according to market and to the country it is sold, price is based on competitor pricing. In order to promote, the brand advertises its product and increases the demand by organizing advertisement campaign depending on the life style and behaviors of the people in the market. This strategy can be enables selling the product at a reasonable price to attract the consumers towards their brand (Eilert et al, 2107).


Description for target group for the brand

The companies have learnt and understood that the “customer is the king of the market” which has changed from the earlier perception that “customer will accept whatever he is given”, this change in mindset has led to the opening up of one of the significant and very important “P” in the marketing mix called promotion. Their promotional strategies help them in doing that efficiently. Promotion being a vast topic encompasses many terms and the most important of them being ‘advertising’.

The target market for Ford is business man. Ford introduced methods for large-scale manufacturing of cars and large-scale management of an industrial workforce using elaborately engineered manufacturing sequences typified by moving lines. Men and women need and consume in a different manner, they purchase differently and in general, have different attitudes about consumption of caffeine (Epstein and Buhovac, 2014). Many advertisements direct at one sex or the other. It operates in more than 320 countries, because of the local nature of their business; they were able to have a unique position, which contribute to the economic vitality of even the most remote communities around the world.

Type of segmentation

While for the demographic variables Companies focus on factors such as income, education, and marital status , and the gender, age, and stages of life thereby the company is able to analyze how the consumers influence purchase decisions.

In order to determine psychographic segmentation, Ford targets people based on general brand consciousness (Firat, 2014).

Positioning of the Product

Positioning refers to the position where the product stands with respect to competitors in the market and even to the consumers mind. In the past, it has also produced tractors and automotive components and now a big brand company (Ford, Mattsson and Snehota, 2017).


Factors involved in positioning the product

  1. Price: Shares of Ford sells in the market at high price. The products are manufacturing goods having high sales and low profit volume. In order to achieve a dominant position and penetrate in the market, the company sets low prices than the higher prices. The price strategy is to lower the price in order to attract customers. The greatest disadvantage of low price strategy is that the competitors also reduce their prices so thereby the advantage of price reduction falls.
  2. Packaging: It is a important business strategy the famous logo of Ford differentiate the brand with the rest of the competitors.
  3. Promotion: In order to promote the brand the company arranges advertisement campaign which advertises campaigns have been launched in order to achieve specific objectives (Ford, Trott and Simms,2016).
  4. Differentiating: The symbol of Ford is luxury and elegance in its line of product.

Analysis of Life Cycle Stage

Product life cycle is the stage through which a product goes through product goes through three stages Introduction, Growth, Maturity and Decline. At the introduction stage, the cost of the product is very high, the demand created and there are no sales. At growth stage cost is reduces and sales are increased and the consumers are aware of the product. At maturity, cost gets low and sales reach to saturation, brand differentiation done at this point. At Decline stage, this point the sales volume decline as a result the profit decreases

SWOT Analysis

SWOT Analysis means to analyze the strength, weakness, opportunities and threats potent to the company.

The Strengths of the organization is as follows:

  • Market leader of all the automobile company
  • Ford has enormous world appeal. The product's image is displayed. This recognizable branding is one of the greatest strengths (Lasserre, 2012).
  • Additionally, Ford logo is one of their greatest strengths. It allows the company to conduct business globally at the same time maintaining a local approach.
  • Social Corporate Responsibility –The Company does sponsorship at UK Football Leagues. They continue sponsorship at the Olympics.
  • Seasonal advertising awareness e.g. TV Christmas advert and summer advert.

The Weaknesses is as follows:

  • Ford cannot out beat the rest of the luxury brand, which is an issue.
  • Being costly car therefore everyone cannot afford it (Zavattaro and Adams, 2016).
  • Brand market share makes the direct competition for competitors and new competitors emerging in the market.
  • Previous failed marketing strategies

The Opportunities is as follows:

  • Opportunity to introduce new product into market, marketing pull (Laudon and Laudon, 2016)
  • Brand recognition is the significant factor affecting the competitive position.
  • The brand name is well known throughout the world today
  • The primary concern over the past few years has been to get this name brand to be even better known.
  • Packaging changes have also affected sales and industry positioning, but in general, new products do not affect the public.
  • Need for ‘green businesses and sustainability in packaging business
  • Opportunities to develop social responsibility in lesser demographics

The threats are as follows:

  • Currently, the threat of new viable competitors in the industry is not very substantial.
  • The threat of substitutes, however, is a very real threat. Possible substitutes that continuously put pressure on the brand
  • Consumer buying power also represents a key threat in the industry. The management must continuously respond to the changing attitudes and demands of their consumers or face losing market share to the competition.
  • Consumers can easily switch to other brands with little cost or consequence

Corporate and Strategic Planning

Cash cow: Ford is a automobile company that has been operating as a cash cow for, as the brand is sold across 200 countries in a mature beverage industry. A larger segment of the operations based on finished products. It is available to the market in their respective regions, enabling the organization to earn significant amount of revenues from its finished products categories. Since the industry is mature, the company needs to invest little effort to keep the sales high as the business unit has captured a large market to generate cash (McDonald and Wilson, 2016.).

Stars: The product in the category is a star for the organization. The rising number of people increases the need to produce more innovative cars to fulfill the needs of the expanding population

Question mark: The market has growth opportunities, but these products have not been able to take benefit of these opportunities in an effective manner.

Dogs: The products that are included in the category of dogs are a part of mature industry, thus the chances of further growth are limited. Another issue that raises question about the feasibility of these business units or products for the company is that they do not offer significant revenues to the organization. The outlook of these products is also bleak, necessitating the evaluation of the viability of continuing business operations in this domain.

Strategies for Growth

The brand follows intensive growth strategy, which include strategy to penetrate into the market. The Company makes strategy to for market penetration, product innovation and for diversification of its business. In order to grow the brand focuses on revenue generation, the company invests in brand and business, thereby becoming much efficient. Among these brands are 20 that generate more than a billion dollars in annual distributor and retail sales (Nagle et al, 2016).


Analysis of Porters Five Forces

Porter’s five forces allow companies to see how competitive an industry is. It is able to use these five forces to determine where it stands in the industry.. The threats of entrants are low, that means that it is difficult for new companies to enter the market. The power of customer is medium to high because there are numerous alternatives, but because of brand loyalty, consumers chose to buy the brand they like the most.

Product Differentiation Strategy: Through the differentiation strategy, the company tries to position its product in the manner that it stands out to be different from the products of the same category.The company spends about 20% of its budget on advertisement so that it could maintain a differentiation strategy. The company uses a unique blend of advertisement and marketing strategy, which helps it to be a leader among the different soft drinks companies.

Cost Minimization: Through cost leadership strategy, the company tries to position its product cheaper than its competitor does and for this, the company tries to minimize the cost. To make this happen, the company manages its cost in an efficient manner. It administers its operating expenses and manages the flow of cash in the organization. The investments made in those areas, which seems profitable to the organization. The company also makes production on a large scale so that the operating cost is low, and the customers benefit from this. It becomes a win-win situation for both, customers, and the company (Savitz, 2013).

Market Focus Strategy: The focus strategy based upon creating the cost, as well as differentiation focus. Focus strategy based on serving niche marketing, where it serves a particular segment of customers and cater to their needs and preference. By focusing on the development of its design, size, and taste so that it could match the requirements of the customers, is the differentiation focus of the company (Shank. and Lyberger,2014).

Focus on the marketing problem and the solution

Firstly, there have been many issues faced by the company and the biggest example is that the organization has once been broken and now it had a successful turnaround for Ford Motor Company under the leadership of CEO Alan Mulally. When CEO Alan was elected the strategies including the marketing and the branding and the franchising issues were all broken and their stock price also fell and its debt status was all bad and it was the worst year for the company Ford with a $12.7 billion loss (Tannady, 2016). It was thought that the company would run into bankruptcy and become insolvent, however with time there was a turnaround and the company regained its position and came out of the bad times (Ward and Sobek , 2014). At the time when the CEO retired the company became and achieved the most eminent “history-making revitalization.”

Secondly Ford faced a huge crisis when their sales decreased during that time the company started to follow a new strategy which includes the “The way Forward”. This helped the company to reduced their cost at the same time was able to maintain the customers. They focused on the cars and the car based crossover vehicles (West, Ford and Ibrahim, 2015). Ford has a huge loss during that time and there was a problem with the distributor and the supplier, but Ford focused on the business model on the customer which lead to stronger brands and thereby targeted the specific market segments. Ford them aimed at a new promotional campaign, the Fusion Studio. The Fusion Studio is a pop up store.

Another problem faced in the re branding its car therefore it followed its global strategy which was introduced as Ford Fiesta being a global brand, which was meant to be of the standard quality and comfort. It was one of the strategic plans for Ford which created car models for the brand. Its strategies for rebranding and new product launch included that it shifted its focus from luxury Europe to the Asian market. It had their strategic move and therefore it offer smaller fuel and efficient cars to this market. Ford with times has increased its sales and manufacturing capacities and also increased the dealer and the distributors and the suppliers all over the Asian Countries. This increased the rapid demand of the consumers.

The problem faced by the brand is the pricing and promotional campaign during the recession period which caused the slowdown of the vehicle sale. Even though the company faced a huge crisis during this period and many of the company ceased and did not continue with the business but it has been able to improve its plant and it has made the plant one of the productive automotive plants.



To conclude we can say that a marketing plan is not a simple document. It takes loads of information, researchers, skills, time and efforts. Marketing plan covers all necessary information including, business and market research, analyzing target market, product development, price setting, promotional efforts, and distribution matters. Injecting efforts in developing a marketing plan will give you a fruitful reward at the end. Marketing plan covers. The more efforts given in the marketing plan, the more growth in business happens.



Armstrong, G., Adam, S., Denize, S. and Kotler, P., 2014. Principles of marketing. Pearson Australia.

Armstrong, G., Kotler, P., Harker, M. and Brennan, R., 2015. Marketing: an introduction. Pearson Education.

Czinkota, M.R. and Ronkainen, I.A., 2013. International marketing. Cengage Learning

Eilert, M., Jayachandran, S., Kalaignanam, K. and Swartz, T.A., 2017. Does It Pay to Recall Your Product Early? An Empirical Investigation in the Automobile Industry. Journal of Marketing, 81(3), pp.111-129.

Epstein, M.J. and Buhovac, A.R., 2014. Making sustainability work: Best practices in managing and measuring corporate social, environmental, and economic impacts. Berrett-Koehler Publishers.

Firat, A.F., 2014. Marketing challenges: A personal history. Journal of Historical Research in Marketing, 6(3), pp.414-429.

Ford, D., Mattsson, L.G. and Snehota, I., 2017. Management in the Interactive Business World. In No Business is an Island: Making Sense of the Interactive Business World (pp. 27-45). Emerald Publishing Limited.

Ford, N., Trott, P. and Simms, C., 2016. Exploring the impact of packaging interactions on quality of life among older consumers. Journal of Marketing Management, 32(3-4), pp.275-312.

Lasserre, P., 2012. Global strategic management. Palgrave Macmillan.

Laudon, K.C. and Laudon, J.P., 2016. Management information system. Pearson Education India.

McDonald, M. and Wilson, H., 2016. Marketing Plans: How to prepare them, how to profit from them. John Wiley & Sons.

Nagle, T.T., Hogan, J. and Zale, J., 2016. The Strategy and Tactics of Pricing: New International Edition. Routledge.

Savitz, A., 2013. The triple bottom line: how today's best-run companies are achieving economic, social and environmental success-and how you can too. John Wiley & Sons.

Shank, M.D. and Lyberger, M.R., 2014. Sports marketing: A strategic perspective. Routledge.


Ward, A.C. and Sobek II, D.K., 2014. Lean product and process development. Lean Enterprise Institute.

West, D.C., Ford, J. and Ibrahim, E., 2015. Strategic marketing: creating competitive advantage. Oxford University Press, USA.

Zavattaro, S.M. and Adams, F.G., 2016. Bridging the gap: An exploration of how DMO managers use education to overcome challenges. Urban Studies, 53(4), pp.669-688.


Cite This Work

To export a reference to this article please select a referencing stye below:

My Assignment Help. (2018). Management The Interactive Business World. Retrieved from

"Management The Interactive Business World." My Assignment Help, 2018,

My Assignment Help (2018) Management The Interactive Business World [Online]. Available from:
[Accessed 25 May 2020].

My Assignment Help. 'Management The Interactive Business World' (My Assignment Help, 2018) <> accessed 25 May 2020.

My Assignment Help. Management The Interactive Business World [Internet]. My Assignment Help. 2018 [cited 25 May 2020]. Available from:

At, we are committed to deliver quality assignment assistance in the fastest way possible. To make our service delivery fast, we have hired subject matter experts to work on different subject specific assignments. We have hired experts who owe in-depth knowledge in their respective subjects. As per their expertise, they provide geography assignment help, Physics assignment help, Strategic assignment help, history assignment help, art architecture assignment help and assistance with other subjects as well.

Latest Marketing Samples

BUSI330 Principles Of Marketing

Download : 0 | Pages : 2

Answer: Company Goals Ford Motor is a multinational automotive company founded by Henry Ford in 1903 and whose headquarters are based in Michigan. The company is divided into two brands, Lincoln brand which sells luxury cars and ford brand which sells commercial vehicles and automobiles ("Ford Motor Company: Company Information |," n.d.). Improving fuel economy for all products while adhering to regulations and addressing stabilizat...

Read More arrow

2512ICT Ecommerce

Download : 0 | Pages : 11
  • Course Code: 2512ICT
  • University: Griffith University
  • Country: Australia

Answer: Company Introduction Atlantic Technologies was founded in January 2017. Since then, it has been underperforming due to lack of resources. From January this year, the company is testing the market at the University of British Colombia. The company is located on Pacific Boulevard, Vancouver. Gen-connect Internet services hosts and maintain the company data. Solution  Atlantic Technologies enable university students to trade, buy,...

Read More arrow

MS4105 Marketing Principles

Download : 0 | Pages : 14
  • Course Code: MS4105
  • University: University Of Gloucestershire
  • Country: United Kingdom

Answer: Introduction Business activity is related to the marketing effectiveness of the organization. Sales activities of products or services need to furnish strongly so that the company can make a stand over the business market. Market involvement, product or service culture and attract people towards through the service is the concern matter in this paper. Virgin Atlantic is one of the major airline companies in the UK, and the brand name ...

Read More arrow

BBM105 Principles Of Marketing

Download : 1 | Pages : 6
  • Course Code: BBM105
  • University: Wawasan Open University
  • Country: Malaysia

Answer: Introduction  This report is an extended review of principle of marketing which was presented in the previous assignment. The organization Tiny Tapir located in Malaysia was theme of the discussion on principle of marketing. In the previous report, a complete overview of the organization such as its products, marketing approaches and target market segmentation have been discussed. Now in this report, the marketing mix approaches ...

Read More arrow

1003MKT Introduction To Marketing

Download : 0 | Pages : 11
  • Course Code: 1003MKT
  • University: Griffith University
  • Country: Australia

Answer: Introduction  The report aims at providing an insight into the H2Coco, a company known for its coconut-based products.  The products of H2Coco are found in various national outlets that includes Supermarkets, Chemist Warehouse and Priceline (, 2018). A marketing plan is necessary since it helps the leaders of the company in developing and keeping an eye on the functional areas for meeting the expectations. It is...

Read More arrow

Save Time & improve Grade

Just share Requriment and get customize Solution.

We will use e-mail only for:

arrow Communication regarding your orders

arrow To send you invoices, and other billing info

arrow To provide you with information of offers and other benefits




Overall Rating



Our Amazing Features


On Time Delivery

Our writers make sure that all orders are submitted, prior to the deadline.


Plagiarism Free Work

Using reliable plagiarism detection software, only provide customized 100 percent original papers.


24 X 7 Live Help

Feel free to contact our assignment writing services any time via phone, email or live chat.


Services For All Subjects

Our writers can provide you professional writing assistance on any subject at any level.


Best Price Guarantee

Our best price guarantee ensures that the features we offer cannot be matched by any of the competitors.

Our Experts

Assignment writing guide
student rating student rating student rating student rating student rating 5/5

647 Order Completed

98% Response Time

Adlina Han

Masters in Marketing with Specialization in Branding

Singapore, Singapore

Hire Me
Assignment writing guide
student rating student rating student rating student rating student rating 5/5

2830 Order Completed

97% Response Time

Leroy Bicknell

MBA in Marketing

London, United Kingdom

Hire Me
Assignment writing guide
student rating student rating student rating student rating student rating 4/5

248 Order Completed

100% Response Time

Lloyd Bernabe

MSc in Accounting

London, United Kingdom

Hire Me
Assignment writing guide
student rating student rating student rating student rating student rating 5/5

184 Order Completed

96% Response Time

Arapera Billing

Masters in Management, MMgt

Wellington, New Zealand

Hire Me

FREE Tools


Plagiarism Checker

Get all your documents checked for plagiarism or duplicacy with us.


Essay Typer

Get different kinds of essays typed in minutes with clicks.


GPA Calculator

Calculate your semester grades and cumulative GPa with our GPA Calculator.


Chemical Equation Balancer

Balance any chemical equation in minutes just by entering the formula.


Word Counter & Page Calculator

Calculate the number of words and number of pages of all your academic documents.

Refer Just 5 Friends to Earn More than $2000

Check your estimated earning as per your ability




Your Approx Earning

Live Review

Our Mission Client Satisfaction

The finished product of my assignment was impressive! No stone was left unturned from the required rubric. Easy to follow, original material, and thorough, not to mention, completed more than 24hrs before the requested time. THANKS TO MY MAH EXPERT! ...


User Id: 383727 - 25 May 2020


student rating student rating student rating student rating student rating

THANKS Very timely completion. The attitude of the experts is very good, and it is found that the job requirements are different at different times. The experts completed the new requirements in a short time.


User Id: 419166 - 25 May 2020


student rating student rating student rating student rating student rating

thanks for helpingto get good marks in all the work. i have got good marks. i hope u will provide good work in future


User Id: 365675 - 25 May 2020


student rating student rating student rating student rating student rating

Met the requirements for the assignment. I would definitely recommend this website.


User Id: 278516 - 25 May 2020


student rating student rating student rating student rating student rating
callback request mobile
Have any Query?