Contents
Executive summary 2
Part 1 5
Introduction 5
Values 5
Customer’s values 6
Customer’s Perceived Value (CPV) 7
Brief description of Tesco Plc 8
Model: 1 9
Woodruff Model 9
Model: 2 10
Monroe’s model 10
Model: 3 11
Holbrook’s Model 11
Model 4 11
Zeithmal’s Model 11
Part 2 13
Value proposition 13
Value proposition in Tesco Plc 14
Evaluation of eight elements of value proposition 16
Part 3 18
New value proposition 18
Gap 18
New value proposition of Tesco Plc 19
Implementation 20
The Gronroos model of internal marketing 20
Berry model 20
Meta model 20
External marketing 4Ps 21
Internal marketing using 7P 21
Conclusion 22
Bibliography 23
Description
This report is based on the following requirement -
For the assignment for this module you are required to choose one of the following:
A product or division or the company where you work, or
Tesco Food stores
You are required to undertake the following tasks:
Using suitable models identify the customer perceived value for the customers for either 1 or 2 above [20% of the marks available]
Critically evaluate the existing value proposition for the one you have chosen. Compare and contrast the value proposition with that of the leading competitor in its sector. [40% of the marks available]
In light of your analysis of your existing value proposition and what you have learnt in this module produce,
a new value proposition that will match the value criteria of the customers, and
a plan to implement the value proposition externally and internally. [40% of the marks available]
You should fully utilise the marketing concepts/models examined in the module to assist you in your analysis in all three parts of the assignment.