Professional Documents
Culture Documents
This case study will focus on the Tassal that serves its customers with tasty and healthy
salmon food and has been in the market for more than 25 years and use several marketing
concepts to analyse its marketing strategies in detail on Australian consumer market. Tassal
the world’s top most company has created its benchmark among seafood companies. It has
built up a great history by winning number of awards and opening up various new brands.
For almost three decades it has been serving its customers with high quality, healthy and
delicious seafood making sure that the product is environmentally and socially grown.
Several elements of marketing strategy will be used to critically analyse the development of
marketing, which are essential at the initial stages in the process of developing a marketing
strategy including the marketing environment, segmentation and positioning. These are
essential because according to Grewal et al, (2018), when consumers sit at the centre of a
company’s marketing efforts, they face what the company and its rivals could offer, as well
as corporate partners’ capabilities, since seldom do companies operate without the help of
other firms. Consumers also faces a set of broader environmental factors such as economic
Since all organisations must first consider the market within which they are operating,
product (Samnani, 2014). This is done by considering two overall factors: the micro-
environment and the macro environment. And while there are strengths and weaknesses,
opportunities as well as threats, this case study will focus specifically on the strengths and
Limited but also can impact other players in the Food, Beverage & Tobacco. The macro-environment
factors can impact factors that shape strategy and competitive landscape. They can impact individual
firm’s competitive advantage or overall profitability levels of the Food, Beverage & Tobacco industry.
Competitors: As indicated by Hisrich and Ramadani (2017), an organization always works as per the
competitive attitude that is practiced by both the concerned company and their competitors.
Therefore, in case of Tassal, the concerned aquaculture industry considers ‘Huon Aquaculture Group
Limited’ as their strong competitor. In addition to above, ‘both Huon and Tassal operates in Tasmania
and are further integrated in marine farming, marketing and others related seas cultures. It has been
further analyzed that both Tassel and Huan focused in their domestic market for their expert
services.’ However, in case of Huon, majority of its revenue is collected from the wholesale channels,
as they also sell fresh fish to the fishmongers and restaurants there wholesale channels is more
stable than the retail one (Digital, 2017). As indicated by Datta et al. (2016), both the competitor
organizations are strong enough to give each other a strong competition. Moreover, the Tassel
focused on the brand strengthening and the enhanced per capita consumption of Salmon, whereas,
in case of Huon, three year of Controlled Growth Investment program is maintained for efficient
production. The evaluation of the 4Ps in terms of Price, Place, and Promotion along with Public
Relation in case of Tassal is further performed in order to generate more revenue as compared to
their rival industry the Huon (Digital, 2017). The practice of 4Ps are further the element that further
enhance the selling and retailing values of the Salmons being hatched and stored in their hatcheries
(Tassal.com.au, 2017).
Corporate partners: Cricket Tasmania welcomes Tassal as a Co-Major partner to the Hurricanes
and official partner to the Hurricanes WBBL and Cricket Tasmania. “This partnership recognises
what the Hurricanes mean to Tasmanian communities and what role cricket plays in Tasmanians’
lives. We have 43,000 participants across the state who play cricket and over 70,000 fans packed our
stadium last season to watch the Hurricanes play. This partnership will highlight the role of sport and
healthy protein in health and wellbeing to all our fans and our current and future cricketers.”
Company: Besides being a top leader in Australia for producing fresh salmon, it also employ
more than 800 seafood passionate people. After opening up its marine sites, it went publically
and was recognised as major public company on ASX in 2003. Till now it has opened four
quality brand which are Tassal, Superior Gold, Tasmanian Smokehouse and De Costi Seafoods
which are producing fresh, canned, smoked and frozen Atlantic salmon grown in Tasmania. The
company’s main agenda is to create better tomorrow by serving its customers appropriately
and making side by side the environment and communities safe and healthy. To keep up with
their words, it has made a systematic platform for its employees, customers, investors and
suppliers. Apart from that the company has created its own 5 P’s that is People, Product,
Planet, Profit, Process to define itself that how determine they are in their work. Tassal Group
Ltd is an Australian Public Company engaged in the business of producing Atlanticsalmon for
over 25 years in Tasmania. From 1986, Tassal has grown from a marine site to a leading Salmon
producer public company listed on Australian Stock Exchange(ASX) in 2003. Tassal focus on
maintaining a sustainable environment in their workplace and provides health and wellbeing to
their consumers.
Themacro-environmentcanbeidentifiedasexternalvariablesthatarebeyondthecontrolof
theorganisation,butforwhichopportunitiesandthreatscanbeeithermitigatedorexploited for
canbecharacterisedastrendsorchangesinthefollowingcategories:Culture/Demographics,
attitudes of the population play a great role in how marketers at Tassal Group Limited will understand
the customers of a given market and how they design the marketing message for Food, Beverage &
Social:
Changes in demographic patterns like aging population, migration trends and socio-
economic variables have paramount importance for international business organizations like
Tassal Group Limited. Studying the demographic characteristics can help Tassal Group
Limited. in choosing the right market segment/segments with high growth potential. The
business and marketing strategies are also influenced by migration. It is important for Tassal
Group Limited. to understand the people’s general attitude towards migration as it can
influence firms’ ability to bring international managers to host country. need to study the
traditionally assigned gender roles to align its marketing and communication practices
with clearly distinguished gender roles will be different from societies with low gender
stereotypes.
Technological:Advancesin(patented)technologyhaveallowedforthecreationofconvincing
“sizzling,bleeding”meatalternative(Swanson,2016).BeyondMeatlookstocompetedirectly with
Economic: Type of economic system in countries of operation – what type of economic system
there is and how stable it is.
Government intervention in the free market and related Food, Beverage & Tobacco
Exchange rates & stability of host country currency.
Efficiency of financial markets – Does Tassal Group Limited needs to raise capital in local
market?
Political/Legal: Political factors play a significant role in determining the factors that can impact Tassal
Group Limited's long term profitability in a certain country or market. Tassal Group Limited is operating in
Food, Beverage & Tobacco in more than dozen countries and expose itself to different types of political
environment and political system risks. The achieve success in such a dynamic Food, Beverage &
Tobacco industry across various countries is to diversify the systematic risks of political environment.
Tassal Group Limited can closely analyze the following factors before entering or investing in a certain
market-
Political stability and importance of Food, Beverage & Tobacco sector in the country's economy.
Risk of military invasion
Level of corruption - especially levels of regulation in Food, Beverage & Tobacco sector.
Bureaucracy and interference in Food, Beverage & Tobacco industry by government.
Segmentation and Target Market, Sample 2: Beyond Burger
After dividing the large diversified customer market into smaller groups with homogeneous
characteristics, Tassal Group Limited should wisely choose the target segment/segments
whose needs and expectations match the company’s resources and capabilities.
The targeting can be done by evaluating the commercial attractiveness and growth potential of
identified segments. Tassal Group Limited can choose one or more segments depending on
the segments’ characteristics and the company's resources, capabilities and growth objectives.
The commercial attractiveness and growth potential of each segment can be evaluated by
using the following indicators:
Segmentation bases
Geographic Region UK, and 13 other countries
Density Rural and urban
Age All age categories
Gender Males and females
Income Low and middle income category
Demographic Occupation Students, employees, professionals
Education High school, technical, Bachelors,
Social status Working class, skilled working class, lower middle class,
middle class
Family size Single individuals, nuclear and extended families
Psychographic Lifestyle Traditionalists, contended conformers
Personality Easy-going, determined
Behavioural Occasions Regular
Benefits sought Cost advantage, variety
User status Active user
Attitude Sceptical, positive
According to the macro environment analysis above, the segment is identifiable, reachable and
substantial enough to be responsive and profitable. While targeting strategies include differentiated,
mass marketing, micro marketing and concentrated marketing, mass marketing should be applied for
Tassal.
Value Propositioning and Positioning, Tassal
Value proposition is the unique value of the company offerings provided to consumers that
intersect with consumer needs and wants (Stokes 2008). Tassal has been operating in
Tasmania for more than 30 years. Underpinned by its people’s passion and commitment, it is
now Australia’s largest producer of Atlantic Salmon and regarded as a global leader and industry
pioneer. It was the first company in 2014 to achieve the gold star rating of sustainable salmon
farming: ASC certification across all its sites. While we always strive for 100% compliance across
focus on continuous improvement and a vision to create a better tomorrow. To bring sustainable
health and wellbeing to the environment and communities in which we operate, and to our consumers
through the products we deliver. To achieve our vision and mission we work with our employees, suppliers,
customers and stakeholders to deliver. Tassal ensures the creation of brand awareness through print and
TV advertising especially during major holidays like Easter and Christmas seasons. The market demand
from the same market segment incorporates different consumer needs, therefore, the possibility of users
having the desire for various and unique offers within the same segment. Such cases demand that the
product supplies brand with unique characteristics geared towards satisfying consumer needs. This
communicability, affordability as well as high levels of returns (Kotler and Keller, 2007).
Conclusion, Tassal
Inconclusionwiththeaboveanalysisofthemicroandmacromarketingenvironmentsaswell as
market segmentation and product position it can be shown that the target market for the
Tassal. The survival in the increasingly competitive market requires Tassal Group Limited to
set the clear differentiation basis that could provide an edge against rivals. The strategy on
positioning as used by the company ensures sustainability is maintained by producing and supplying