Competitive factors • Competition is increasing in the luxury car industry. • Competitors‚ such as Audi & BMW‚ are already established in the younger market. • Mercedes-Benz has to consider repositioning‚ adapting brand image and changes in marketing strategy. Political‚ environmental and social factors • Political‚ economical and environmental factors affecting sales. • High growth rates in Russia‚ Japan and BRIC countries. • New social trends are emerging‚ younger audience is tech-savvy
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CASE STUDY: THE LIRIL GIRL [pic] The icon who had held her stead for an astonishing 30 years is the Liril girl. Shrinking attention spans and shifting trends notwithstanding‚ she continues to epitomize exuberant freshness. The ubiquitous waterfall has morphed into a glacier. The signature tune Laa la la la laa has been tweaked to Uff yu maa. Why‚ its not even the customary lime-green anymore. Variants like Icy Cool and Orange Fresh have brought in new hues. But the effervescence of the Liril girls
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also a solid business as well. Adidas Corporation is one of the famous marketers of sports apparel and athletic shoes among others. The founder of Adidas‚ Adi Dassler through his own marketing strategy which rests on a favourable brand image‚ has evolved into a large multinational enterprise. In order to keep with the brand image‚ Adidas came out with the distinctive logo and its advertising logo‚ “Impossible is Nothing” and being successful until today. From the marketing perspective‚ there are five
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Marketing in a Flat World 1) What are the three most critical challenges facing this company in this country. 2) What has the company done to face these challenges and do you think that they are successful Amazon is a fortune 500 online retail company named after the largest river in the world. They specialize in the selling of just about anything over the internet. Amazon was founded by Jeff Bezos in 1994 and they began doing business in 1995. Based in Seattle Washington‚ Amazon is the
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Adidas was founded in 1948 by Adolf Dassler‚ following the split of Gebrüder Dassler Schuhfabrik between him and his older brother Rudolf. Rudolf later established Puma‚ which was the early rival of Adidas. Registered in 1949‚ Adidas is currently based in Herzogenaurach‚ Germany. Puma is also based in Herzogenaurach. Supply chain management is the integration of business management from end user through original suppliers that supply products‚ service and information that adds value to the customer
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Case 19 Mobile Marketing at Adidas Analysis Internal Strengths • Huge advertising budget ($900 million dollars in 04) • Sponsorships/cobranding with some of the biggest athletes (Beckham‚ Kobe‚ etc.) • Established brand name: Historically largest share of soccer market in Europe (until 03) • Hiring Nick Drake brought insider’s view of mobile technology and market Internal Weaknesses • “Second place” to Nike • No longer the European premier soccer brand • Smaller marketing budget
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Internal Factor Evaluation Matrix (IFE Matrix) Critical Success Factors Weight Rating Weighted Scores Strength A savvy management team and a venture capital backing 0.20 3 0.60 Continuously well financial management and high gross margin profit 0.05 4 0.20 A flexible financial flexibility to pursued strategic acquisitions and alliances 0.05 3 0.15 Good relationship with strong channel suppliers 0.05 4 0.20 Well community building plan and strong brand loyalty and consumer involvement
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it seems Geek Squad is in a very good business shape‚ they should keep it up with more improvement on their service quality and try to expend the company at the same time. By the analysis of Canadian market segmentations‚ Geek Squad should focus marketing on their two primary target Baby Boomers and the Generation X. At the same time they will need to keep an eye on their secondary target markets which can provide them a lot of business opportunities. They will eventually be more successful in the
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serve best. Most companies are moving away from Mass marketing – to – Target Marketing “Identify market segments‚ selecting one or more of them‚ developing products and market mixes tailored to each”- In this way sellers can develop right products for each target market and adjust prices‚ distribution channel‚ advertising to reach target markets‚ instead of scattering their marketing efforts” There are 3 major steps in Target Marketing. They are: MARKET SEGMENTATION ‘Dividing a market
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SIX STRATEGIES FOR SUCCESSFUL NICHE MARKETING BY ERIC K. CLEMONS‚ PAUL F. NUNES AND MATT REILLY Niche marketing is when a company develops a product or service that is currently unavailable in a particular area that will not necessarily be used by the general population. Buisiness are traditionally categorized as low sales‚ high margin or massive sales and low margins. Modern consumer demands have shaped how businesses offered products in the past‚ mainly manufacturing in lots and making goods
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