1. List the broad product market: Lip care products 2. What homogenous products can be found in the broad product market? Lip balm‚ lip gloss‚ lipstick‚ petroleum jelly‚ lipstain‚ lip plumper 3. Name the homogenous product market: Lip Balm 4. Market description: Industry Statistics: • Skin care industry sales in 2007 for the US were 8059.2 million‚ with a growth rate of 3.1 percent from 2006. • The skin care industry has had a compounded annual growth rate of 3.6% from 2002-2007
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The paint industry in the United States is what’s considered a “maturing industry” that’s divided into three segments: architectural coatings‚ original equipment manufacturing (OEM) coatings and special purpose coatings. Throughout the later portion of the 1980’s to the early 90’s strict regulations fell into place that would affect industrial paint users directly due to the enormous quantity of solvents released during the surface covering process. As a result manufactures began demanding paint
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Introduction of Acer Acer ranks as the world’s No. 3 branded PC vendor‚ designing easy‚ dependable IT solutions that empower people to reach their goals and enhance their lives. Established in 1976‚ Acer Inc. employs 5‚300 people in more than 100 countries. Offering a complete range of laptops‚ desktops and peripherals‚ Acer has the right solution for all your home computing needs. Market Acer competes within the PC and peripherals industry providing a personal computing solution for consumers
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MASTER OF BUISINESS ADMINISTRATION ACER CREATING NEW GROWTH Submitted by: STU09971 Course: Strategic Management Tutor: Colin Price Course Coordinator: Hannah Moore Word Count: 3063 Critically evaluate Acer ’s approach to the creation of new growth platforms as a means of achieving sustainable competitive advantage. What do you conclude? In the light of increased competition in the PC industry‚ there is a need to capture and maintain market share‚ not only be profitable
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宏碁美國的Aspire專案 I. AAC開發Aspire的影響因素為何? 這是好的新產品開發機會嗎? ➢ Factors: ▪ To prove the add-on value for independent RBU to lead the product plan. ▪ The booming of internet‚ audio/video‚ and communication technology in 1994 created the potential opportunity of multimedia home PC. ▪ The ambition for Stan Shih to develop global brand. ➢ Good opportunity? ▪ Market demand -- yes. ▪ Organization
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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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4 Strategy: Thinking About the Customer CHAPTER 1 Segmentation and Targeting BRIAN STERNTHAL and ALICE M. TYBOUT S United States to Latin countries because it was a fairly priced service that pledged not to change prices. Advertising was done exclusively on Hispanic television programming. Despite an advertising budget of $1.3 million‚ which is a small fraction of competitive dial-around ad spending‚ Americatel became a major player in the dial-around long distance category. While
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SEGMENTATION‚ TARGET MARKET SELECTION AND POSITIONING (STP) PRACTICE in AUTOMOTIVE INDUSTRY | Marketing Management | | CONTENTS GENERAL INFORMATION 2 OVERVIEW OF THE INDUSTRY 2 PROCESS OF SEGMENTATION 6 Demographic Features 7 Age Factor 7 Gender Factor 7 Income Factor 8 CHOICE OF TARGET MARKET 9 Five Patterns of Target Market Selection 9 Single-Segment Concentration 9 Selective Specialization 9 Product Specialization 9 Market Specialization 10 Full Market
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A marketing research on the segmentation‚ targeting and position of different brands in Marriott International Course: Principles of Marketing Faculty responsibility: D. Sleeman Program: PGD2 Name: YAO Feng (Emma) Words Count: 2632 Date: 02.10.2008 Statement of Authorship “I certify that the totality or assigned portion of this assessment is my own work and contains no material which may have been used for the award of any degree or diploma in any institute‚ college or university. Moreover
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segmentation‚ targeting‚ positioning‚ differentiation and branding For many organizations today to be successful they must know what consumers needs are‚ so as to satisfy them successfully and profitably to avoid wastages of resources. For these organizations to be successful they have to undertake segmentation‚ so as to know their target market and also to know the available competitors in the market producing the same goods. As a matter of fact‚ for Colgate to be successful they must segment
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