Tyson Foods Strategic Marketing plan
MRKT 495 Strategic Marketing Management
Competitive Analysis Worksheet
|
Company/Product Name (Ex. Ford/Focus) |
Criteria 1: Annual Revenue (Billion Dollars) |
Criteria 2: Sales Growth (%) |
Criteria 3: Number of Employees |
|
|
33 |
11.41 |
80k |
|
|
26 |
2.76 |
79k |
|
Archer-Daniels-Midland Company
|
64 |
0.47 |
39k |
|
|
47 |
8.95 |
141k |
|
Competitive Positions* |
Company/Product |
Basis for Position (e.g. product leadership, cost leadership, innovation, core competencies, etc.) |
|
Market Leader
|
Archer-Daniels-Midland Company
|
Strong operational capabilities: Archer-Daniels-Midland (ADM) forges every link in the food chain from field to processing to store. ADM also has a solid global transportation network (Hoovers, 2021). |
|
Market Challenger
|
Tyson Foods, Inc.
|
Global Customer base: Tyson Foods serves a strong and wide clientele ranging from wholesalers, retailers, restaurants and institutional customers such as schools and hospitals catering in more than 145 countries (Hoovers, 2021) |
|
Market Follower
|
The Coca-Cola Company |
Billion Dollar Brands: Coca-Cola is a leading beverage company serving consumers worldwide. The company has over 500 brands in its portfolio comprising 21 billion-dollar brands, which strengthen and enable it to launch new products and facilitate its foray into new markets (Hoovers, 2021) |
|
Market Nicher
|
Mondelez International, Inc. |
Manufacturing Network: An efficient manufacturing network strengthens the company’s operational efficiency. It also helps the company gain operational synergy and enables it to efficiently serve its consumers (Hoovers, 2021) |
Notes:
Each criteria for your competitive analysis must be a quantifiable number found in a reputable source and documented in your report.
You should have one market leader, but other three companies/product can all be followers, or a combination of challengers/followers or nichers. Your basis should fully explain your choices and further detailed in your written report.