Compagnie Cherifienne de Chocolaterie: Marketing Plan

Topic: Marketing
Words: 3081 Pages: 11

The awakening of the sleeping giant, the Compagnie Cherifienne de Chocolaterie, is an initiative involving the integration of dynamic approaches. Over the decades, technological advancement steered the evolutionary scale of the corporate market and the ultimate consumer behavior. Formally a competent company in the French domain, Compagnie Cherifienne de Chocolaterie dominated the domestic emporium based on the quality of the product and the Aiguebelle branding. Therefore, the core elements rendering its performance on the market acquisition and increase in profit margin encompassed productivity and the brand reputation. Making a comeback to an international scope is a multidimensional phenomenon attributed to the distinctive framework of excellence in divergent gradients, mainly product and service delivery systems and the integral valuation of digitalization overview.

International Marketing strategy variables promoting Sustainable Competence

Different variables foster the change in the performance and behavioral response of the international market to corporate practices. Paul and Mas (2020) investigate the different components contributing to the development of an effective plan framework for global market penetration. The researchers establish that the vital elements include potential, problem, path, performance, process, pattern, and pace. The in-depth evaluation of the initiatives within the organization’s strategic management renders the comprehension of the constituents promoting competition. Further, Paul and Mas (2020) argue that consumer behavioral pattern is different, especially in developing countries. The key ideological aspects of challenging the market penetration capacity in the nations engulf resource constraints, foreignness liability, and cognitive bias. The insights from the foundational outlier for the augmentation of the marketing plan for Compagnie Cherifienne de Chocolaterie due to the divergent appeals on product feature needs.

The Significance of Product Quality

The marketing strategy of products optimally depends on the industry due to the distinctive needs and wants of consumers. Czinkota et al. (2022) establish that the dynamism of the global market is a threat and an opportunity to corporate entities. The main reason involves the intense exploitation of strategies for competitive advantage. An excellent example is a divergent plan from Coca-Cola, Nestle, and Danone to merchandise the commodities along the gradient of refreshment and nutritional value. On the one hand, Coca-Cola advertises its products based on the need for invigoration. On the other hand, Nestle and Danone promote their contrivances for affirmed health benefits. As major international market players, multinationals utilize pivotal perspectives to entice the target clientele baseline.

Technological advancement triggered a significant paradigm shift in consumer behavioral quotient. In modern society, the core competitive advantage lies in the ability to convince the customers that product value is relative to the pricing. Since the advent of the internet, it has been easier to access information about a product and compare the features from different manufacturers. The concept proficiently empowered clients on account of making an enlightened purchasing decision based on the distinctive benefits. Therefore, certain companies as Nestle, focused on improving the nutritional quotient while diversifying the attributes for adept marketability. Primarily, improving the quality of a product encapsulates the integration of critical traits oriented on value proposition and identifying the divergent customer appeals across the potent geopolitical, cultural, and economic spectrum.

The Significance of Service Quality

There is a significant interdependent relationship between product competence, consumer loyalty, satisfaction, and the quality of services. Kaleka and Morgan (2019) stipulate that the difference between marketing capabilities and performance enshrines the core strategic initiatives. On the one hand, the marketing power optimally measures the company’s competence in expanding the acquisitional spectrum geographically in the future. On the other hand, conquest profoundly depends on consistency in production and the service delivery system. The researchers further argue that the highly valued asset in an organization enshrines the employees. As a result, it is critical to focus on the integral essence of intensifying the laborers’ training to boost performance levels, especially in customer service.

Customer satisfaction is an essential factor in the competence of a company mainly because of the attributable trickle-down effect of accrued benefits. According to research, customer integration within the supply chain entails two main approaches, segmentation and consumer relationship management (Morgan et al., 2018). The two practices foster a significant effect on an organization’s performance in the marketplace. The optimization of customer satisfaction renders the profound emergence of competitive advantages based on loyalty among clients.

One of the factors that enhances customer integration within the supply chain is the segmentation of the clientele baseline. It is a practice that renders comprehension of consumers’ needs and behavioral patterns. As a result, the employer customizes production based on the needs of the consumers to promote satisfaction and loyalty. Research indicates intersecting customer segmentation within the supply chain ensures the proficient exploitation of resources and the trickle-down effect of the accrued benefits during the production process (Morgan et al., 2018). Therefore, customer segmentation is essential for enhancing customer integration within the supply chain.

In a different spectrum, customer relationship management (CRM) is another strategy that prominently enhances customer integration within the supply chain. According to research, the utilization of CRM initiatives fosters the consideration of consumer needs during the improvement of the supply chain process (Morgan et al., 2018). The key objective of CRM is to identify customer needs and develop approaches that advance satisfaction levels. Incorporating a CRM framework within the supply chain fosters an understanding of the key initiatives to integrate customers within business operations while enhancing competitive advantage.

Proposed Market Penetration Mechanism

Company’s Readiness

Business performance is a multidimensional phenomenon involving the interplay of distinctive processes. Compagnie Cherifienne de Chocolaterie’s marketing plan enshrines the incorporation of initiatives enhancing the globalization of the enterprise practice. According to the case study, the company shows optimal readiness to implement aspects promoting the internationalization of the entrepreneurial entity. One of the factors fostering an apt competence for the institution involves the foundational product diversity and strategic placement approach (Hult et al., 2018). The case study further establishes that proficient supply chain control boosts the capability levels for initiating the main goal as demonstrated in figure 1.0 affirming the adept consumption rate of the chocolate across France. Apart from the incorporation of a quality production system, the corporate invests in divergence in suppliers’ numbers. Ideally, the increase in the number of suppliers of materials renders optimal consistency in the availability of the resources to satisfy the demand.

Product placement significantly influences consumer behavior in a different spectrum due to the association with Maslow’s hierarchy of needs. According to the theorem, there are different levels of growth and development of an individual. The five phases encompass physiological needs, safety needs, love and belonging, esteem, and self-actualization. The physiological conditions enshrine the necessity of attaining the essential elements, such as water, food, shelter, and clothing. In the safety needs, an individual seeks employment, security, property, and health. The love and belonging facet encompass the urge to establish relationships, while the esteem phase involves achieving a social identity (Hult et al., 2018). In the self-actualization stage, the individual aims to attain prominent power and dominance. Companies optimize on the fourth stage encompassing the urge for social identity.

Product placement significantly affects consumer behavior under different approaches. Therefore, it is crucial to establish the vital interdependent relationship between the two variables to enhance insight derivation of profitability margins across the region. On the one aspect, the paradigm shift steered by technological advancement rendered behavioral patterns among consumers. Notably, a significant percentage of purchasers proficiently value product information before making a buying decision (Hult et al., 2018). Product placement attributes to the positively-aligned purchasing behavior based on the profound platform in comparing product features with the pricing. Apart from comparing pricing and product features, the consumer assesses the substitutes and the relevance of the dynamism of different companies. The company’s readiness is further attributed by the proficient potent on exportation of the product as demonstrated in figure 2.0 focusing on the dynamism of France’s international market. Ideally, corporates attain a competitive advantage from product placement due to the relaying of adequate product information to the target audience.

Marketing Mix

The marketing mix is a multisectoral phenomenon encompassing an intersection of dynamic elements boosting corporate competence. The spectrum comprises four indicators, that is, price, product, promotion, and place. Compagnie Cherifienne de Chocolaterie significantly exploits the constituents to elevate the marketing capability and the relevance of current performance locally and internationally. The company utilizes a cheaper pricing strategy to attract a larger market segment, further attributing a competitive advantage. In a different continuum, Compagnie Cherifienne de Chocolaterie established factories to increase the production scope while categorizing the commodities based on the market characteristics. According to the case study, the various types of products encompass family, impulse, professional, and gift. Primarily, the crucial objective lies in customizing the features based on consumer needs and wants. Under the place outlier, Compagnie Cherifienne de Chocolaterie focuses on market penetration in France on account of the appreciation for food with higher nutritional value and experience.

Product placement is an essential framework for a dynamic consumer market because it enhances the significance of social identity among the purchasers. Different people focus on a distinct aspect of product and price worthiness. As a result, it is essential to establish the key variables that influence the interdependence between marketing and product competence. A significant percentage of consumers focus on the relevance of product quality based on the association with particular social status. Capitalism steered the emergence of social classification ideology leading to the prominent factor of balancing the dynamic features of production based on the marginalized accumulation of wealth. One of the consequences of implementing capitalism enshrines the segregation of different communities leading to the segmentation of the consumer marketplace under the spectral view of the phenomenal social identity (Lee and Falahat, 2019). The marketing team’s responsibility is to establish the critical variable fostering significant influence on consumer behavior for the targeted audience. In the case of advertising expensive sporting equipment, a company utilizes product placement by using celebrities within the sporting arena. Notably, the organizations attain a competitive advantage based on the effectiveness of the outreach program across the targeted audience based on social class clustering.

The interdependent relationship between product placement and purchasing behavior encompasses an interplay of dynamic elements. One of the outliers that empower organizations’ competence is the associated aspects of the brand image, such as product features and pricing. However, researchers argue that a different practice that impacts the marketability of the products and services is product placement (Lee and Falahat, 2019). The main product placement initiative involves the precise focus on a particular market segment, hence the importance of integrating competitive strategies. Product placement focuses on a specific niche market based on the reliance on television programs and theatrical performances. Despite the limitation concerning the outreach, the practice fosters efficiency in the penetration to the niche within the global baseline.

Standardization versus Adaption

Compagnie Cherifienne de Chocolaterie brand highly relies on its reputation for high quality and convenience. According to the case study, the company establishes standardized measures for the product features to ensure the optimal service quality experience. It is an initiative further affirmed through the spectral overview of the customization aspects. On the one hand, the institution fosters standardized essence of productivity to enhance consumer satisfaction and brand reputation. On the other hand, the firm implements strategic domains on promotional practice locally and globally. Fundamentally, it is the core responsibility of distinctive stakeholders to ensure coherence on the implementational outlier of the marketing plan (Pyper et al., 2019). A major element influencing the effectiveness of the framework entails the digitization of the distribution system.

The advent of technological advancement fostered the evolution of human society and mainly the business environment. One of the computerization tools entails the emergence of social media platforms, such as Facebook, Twitter, WhatsApp, and Instagram. A significant percentage of multinational corporations focus on improving their brand identity by advertising through channels (Gillespie and Swan, 2021). It is an initiative that renders a proficient competitive advantage and the attainment of the niche market. The intensified flow of information fostered the development of a global village as the new market ideology hence escalating the contests among the enterprises locally and internationally.

Logistics is a practice that plays a vital role in managing operations within an organization. Poor logistics management renders the incurrence of distinct challenges enshrining employees’ coordination toward delivering highly competent services. It is the responsibility of the managerial team to ensure the sufficient flow of goods and services from production to consumptive essence ( Gillespie and Swan, 2021). An excellent example of operations influencing an organization’s competence includes network designing, transportation, warehouse management, and integrated production and delivery strategies. Fundamentally, advancing logistics management encompasses implementing strategic management perspectives, hence incorporating planning as a critical entity within the supply chain spectrum.

Branding is a significant marketing strategy due to the prominent acknowledgment by the dynamic consumer base. Therefore, it is crucial for businesses to utilize social media platforms for advertising to enhance product knowledge among the customers and the distinction from competitors. Apart from the promotion, enterprises optimize endorsing certain events and sponsorship, such as sporting activities. Participation in distinct operations enhances the flow of information across the various channels hence publicizing the corporate’s products and services (Gillespie and Swan, 2021). The paradigm shifts in the consumptive pattern fostered the development of a preferential approach regarding the prominence of insights on various goods and services. Therefore, boosting a company’s online presence across the scaffolds contributes to acquiring a competitive market position.

Cultural Influences

Morality and ethics play a crucial role in human and business relations mainly because of the appreciation of individual cultural perspectives. Promotional culture is an entity that encompasses the introduction of values and norms within a spectrum to enhance the behavior and attitude among the personnel (Katsikeas et al., 2019). In this case, it is the responsibility of the workers to learn the policy guidelines to adhere to morals and ethics. Nevertheless, promotional culture is a concept that relies on the ability of an individual to establish the core objective for social interaction. Different people practice different norms and beliefs hence the significance of determining the key values within an organization, such as a form of communication and the type of leadership. There are dynamic leadership types, that is, authoritarian, participative, transactional, transformative, and delegative. These entities highly impact the performance of workers and the relationship building with the management. Promotional culture contributes to the improvement of leadership influence within an organization and community.

There is an interdependent relationship between promotional culture and leadership within an institution mainly because of the influence on the workers’ and consumers’ behavior. On the one hand, poor leadership renders poor public relations due to the lack of confidence in the management of communication. A consistent flow of communication within a company fosters optimal interaction between the employees and management. In this case, the workers comprehend the importance and objectives of the operations while delivering services to the customers. It is a practice geared toward effective leadership. On the other hand, promotional culture impacts leadership based on the ability to provide a bridge of contact between the organization and the business market (Katsikeas et al., 2019). Marketing is a multifaceted phenomenon that entails the application of strategic details to attract customers hence affecting consumerism behavior. In this case, the lack of articulate identification of customer needs and niche markets renders the ineffectiveness of promotional culture. Therefore, the interdependent relationship renders the necessity of an interplay between leaders and employees in the advertising and marketing of products and services.

Promotional culture is a multidimensional facet that impacts the nature of interactions and impacts social power across the global domain. It is an entity that exists in different forms hence the dynamic impact on the balance and distribution of power within the corporate and social world. One of the major factors that highly impacts the attitude among consumers is branding (Katsikeas et al., 2019). Different companies utilize different branding techniques. An excellent example is the branding by Nike and Coca-Cola that involves customizing products based on regions. Although consumers attain a sense of belonging, promotional culture fosters the commercializing of the local cultural practices and perceptions for business profitability. Primarily, promotional culture is a concept that alters a profound mindset of consumerism within the scope of the target market based on the disseminated information.

Trade Policies

Distinctive trade regulatory frameworks affect the efficiency of business operations globally. The expansion of enterprise practices internationally fosters the emergence of distinctive challenges encompassing the contrasts in taxation and product regulation essence (Song et al., 2018). According to the case study, Compagnie Cherifienne de Chocolaterie attained the HACCP certification indicating the health indicator for consumptive purposes among consumers. However, it is vital that the company’s managerial team establishes a mainframe addressing the dynamism of international policy while developing relations and agreements through popular and functional treaties, such as the World Trade Organization.

Recommendations

One of the vital recommendations encompasses the integration of dynamic structural aspects of digitization of the marketing plan. Technological advancement is attributed to the elevated online presence and exploitation of resources for business practice. An excellent example is shopping through various platforms, such as Amazon. Therefore, it is crucial that the managerial team focuses on incorporating strategic aspects of creative content production to post across dynamic social media channels.

A different recommendation is the establishment of divergent alliances with multinational corporates and governments. The strategy boosts significant market penetration across the spectral aspect of the geopolitical landscape. It is important to appreciate sociocultural diversity hence the significance of intensifying the relationships across the domains. The initiative contributes to the alleviation of challenges that abound in distinctive regulatory mainframes.

Personal Opinion

I believe the company upholds optimal opportunities to grow due to the distinctive control of the supply chain during production. The integration of promotional culture and product diversity fostered a profound element of competence. Product placement is an initiative that intensifies the inherent value of dynamically marketing products. The industry renders an optimal impact on business competence mainly because of the profound attainment of a competitive market position. Identifying the clients’ needs and embodying the marketing spectrum through certain media fosters the optimal relaying of information to the consumer marketplace. Therefore, the accountability of significant stakeholders on boosting profitability lies in the ability to utilize dynamic platforms to share the necessary product and service information. Consumer behavior depends on the attained product quality information, hence establishing a significant outlier in the interdependent relationship.

Reference List

Carroll, M. (2022). Cases: Aguibelle all about chocolate making a comeback on the French market. INSEEC U.

Czinkota, M.R., Ronkainen, I.A. and Cui, A. (2022). International marketing. Cengage Learning.

Gillespie, K. and Swan, K.S. (2021). Global marketing. Routledge.

Hult, G.T.M., Hair Jr, J.F., Proksch, D., Sarstedt, M., Pinkwart, A. and Ringle, C.M. (2018). Addressing endogeneity in international marketing applications of partial least squares structural equation modeling. Journal of International Marketing, 26(3), pp.1-21.

Kaleka, A. and Morgan, N.A. (2019). How marketing capabilities and current performance drive strategic intentions in international markets. Industrial Marketing Management, 78, pp.108-121.

Katsikeas, C., Leonidou, L. and Zeriti, A. (2019). Revisiting international marketing strategy in a digital era: Opportunities, challenges, and research directions. International Marketing Review.

Lee, Y.Y. and Falahat, M. (2019). The impact of digitalization and resources on gaining competitive advantage in international markets: Mediating role of marketing, innovation and learning capabilities. Technology Innovation Management Review, 9(11).

Morgan, N.A., Feng, H. and Whitler, K.A. (2018). Marketing capabilities in international marketing. Journal of International Marketing, 26(1), pp.61-95.

Paul, J. and Mas, E., (2020). Toward a 7-P framework for international marketing. Journal of Strategic Marketing, 28(8), pp.681-701. Web.

Pyper, K., Doherty, A.M., Gounaris, S. and Wilson, A. (2019). Investigating international strategic brand management and export performance outcomes in the B2B context. International Marketing Review, 37(1), pp.98-129.

Song, R., Moon, S., Chen, H.A. and Houston, M.B. (2018). When marketing strategy meets culture: The role of culture in product evaluations. Journal of the Academy of Marketing Science, 46(3), pp.384-402.

Appendix

Chocolate consumption rate in France
Figure 1.0: Chocolate consumption rate in France 
French Chocolate Exports in 2016
Figure 2.0: French Chocolate Exports in 2016