GEOGRAPHY 1. Region: Canadian tire is spread all over Canada with 1200 stores across the country. 2. Market size: 90 per cent of the Canadians visit CT every year. One third of sales are driven by strong in-house brands leading market share in many of key lines in business. 3. Market density: Canadian tire is one of the most shopped general merchandise retailers. A CT store is within 15 minutes reach of 90 per cent of Canadians and has 1200 stores across Canada. 4. Climate: The climate
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AMY MERRICK February 29‚ 2008; Page B1 In the year 2007‚ Victoria’s Secret an intimate apparel company reported an 8% drop in sales which has led the company to re-examine its strategies and focus of their market segment while considering diversifying their market segment through overhauling their brand image. The present image of Victoria secret has been described in many ways including; too sexy; for skinny people; teen oriented; flashy and uninspiring. Older shoppers
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Part 2 : Compare the price of Asus N45SL Jay Chou Mystic Edition with Acer TravelMate TM8481-2462G32 14" Notebook Asus N45SL Jay Chou Mystic Edition | Model | Acer TravelMate TM8481-2462G32 Notebook | | Image | | RM2679.00 | Price | RM2560 | Genuine Windows 7 Home Premium | Operating System | Genuine Windows 7 Professional | Intel Core i5-2450MProcessor | Processor | Intel Core i5-2467M Processor | NVIDIA® GeForce® GT 555M with 1GB/2GB DDR3 VRAM | Graphics | Intel® HD Graphics 3000
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Acer closes in on Dell’s No. 2 PC ranking By Bruce Einhorn‚ BusinessWeek Tuesday‚ January 20‚ 2009 11:33 AM Just a few years ago there was a clear pecking order in the PC industry‚ with Dell at the front and Acer way back in the queue. Dell and its U.S. rival Hewlett-Packard were the clear champions‚ selling far more desktops and laptops than anyone else. Meanwhile‚ little Acer‚ a Taiwanese company that had tried and failed in the 1990s to crack the U.S. market‚ was an also-ran‚ with worldwide
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Brand Positioning and Market Segmentation Brand positioning is an important strategy for achieving differential advantage. Essentially‚ positioning reflects “the place” a product occupies in a market or segments. GAP has a wide range of products that are reflected in multi-segments. Initially‚ as a specialty clothing retailer‚ GAP segmented the market using price as the sole criterion. GAP strategically decided to serve three major segments‚ which can be seen from price differences among GAP’s
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Acer. Inc | Taiwan’s Rampaging Dragon | 9/26/2012 | How would you account for Acer’s outstanding start-up? What caused this company to outpace scores of other Taiwanese PC companies? Acer is a company that was founded by Shih‚ his wife and a couple of other people. It was founded in the 1976 and the electronic market at that time was still small. This time cellphones where not yet even invented so the market was pretty good for a starter. This is I believe one of the
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periodically. Lunch‚ dinner‚ and appetizers will be served with a variety of enticing foods on the menu. Market Analysis Summary Food’n’Fun will be opened in Jacksonville‚ Alabama. Jacksonville has a population of 40‚000 people and over half of that population is under the age of 40 (Area Connect‚ 2008). While Food’n’Fun will have something for every age group‚ its primary target market will be 40 years of age and under‚ specifically targeting families with children. The average household
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would you segment the market (remember that a segmentation scheme must consist of mutually exclusive categories‚ and that the set of categories must be exhaustive)? A market can be segmented based on demographic (age‚ income‚ generation‚ education)‚ geographic (region‚ city size)‚ psychographic (activities‚ hobbies‚ interests)‚ or behavioristic (brand loyalty‚ price sensitivity) variables. The data from the Arnolds Communication research can be helpful in segmenting the market for the New Beetle case
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Unless a target market is selected and well researched and understood; whatever a company will produce will not be desired by the consumers as it is not perceived satisfactory or meeting the needs of that specific market. Market segmentation will allow the company to: 1. Be able to match each product with the customer need that it satisfies; different products to meet the different needs. 2. Will better enhance profits‚ as with market segmentation‚ company will be able to price / increase price
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Targeted audience of Bling h2o if it were available in Australia would mainly be single Generation Y females who live in a an urban or suburban area and from higher priced region such as North Shore of Sydney‚ Southern regions of Melbourne due to the fact that people with residency in such suburbs have a soaring average income upwards of $90 000 (Saulwick 2009) and are more likely to forfeit money for a bottle of Bling h2o. The Bureau of Statistics shows that 23% of residents of Sydney’s Mosman
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