As we head into 2009, Gas prices are on the rise. As an alternative to the high cost of gasoline, we plan to introduce a product that will be more cost efficient and more economical to the general public, which is bio-diesel. This paper will briefly discuss the history of Exxon, and gave a brief description of bio-diesel. In addition, it will outline the importance of marketing for success, describe the strengths, weaknesses, opportunities, threats, and trends of bio-diesel through a SWOTT analysis, and lastly, identify a marketing approach to best develop the marketing strategy and tactics for this new product.
Company OverviewExxon is more then just a place where individuals can go to get gas. This is how the majority of the public will see Exxon, as a gas company, not much else. Exxon Mobil works under three different brand names: Exxon, Esso, and Mobil. Exxon. Exxon Mobil also produces and sells such things as crude oil, natural gas and petroleum products.
Market Street
In some countries, filling stations sell bio-diese...
A "Bio-diesel" sign on the window of a Kyoto City ...Exxon is so much more then a company, it is actually a piece of history. Exxon moil started over 125 years ago. The company started as a marketer of kerosene and moved to petroleum. Today, Exxon is "the worlds largest publicly traded international oil and gas company, providing energy that helps underpin, growing economies and improving living standards around the world"(ExxonMobil. 2008). The company does not just work here in the U.S.; Exxon operates all over the world and searches for oil on six different continents. As far as Exxon's codes of ethics go, it is top notch. Exxon has adopted the Corporation's Standards of Business Conduct. These standards are the cornerstone of all of their business operations. All Exxon employees are expected to work with high standards of integrity. Overall, the world needs Exxon's...