Ansoff Matrix of Virgin Groups‚ McDonald’s and eBay Introduction Ansoff Matrix was introduced by Igor Ansoff‚ a Russian-born pioneer of strategic management and corporate planning. He was also the strategist who first identified the fact that competitive advantage in the market was vital in the element of planning process (2001). Ansoff matrix helps to define two vital factors for marketing: what is sold and who it is sold to. Therefore‚ it pertains on the products
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| Products | | Existing | New | Markets | Existing | Market Penetration | Product Development | | | *Development of more apps (22)(23)*Geographically net sale increased 2010 in (America ‚Europe‚Japan ‚Asia specific) –(iPhone) – (Financial Table 3.4 & 3.5) (21)*Net Sales - increased by Product in 2010 – (Financial Table 3.4 & 3.5) (21) | *Apple pricing decoy(27)*Apple & Microsoft joint force(28)*Apple pushed iPhone for business(29) | | New | Market Development | Diversification
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Porsche auto-works has been producing cars since 1942. It was first started by Ferdinand Porsche in Germany‚ Stuttgart and was then spread out to the world. Volkswagen owns Porsche and Qatar is a shareholder of Porsche by 5%. It was first started by building the Porsche 356 which was the first car to carry the Porsche brand. This car was powered by a 12-cylinder boxer engine with 4-valve heads and a supercharger. This car showed a lot of progress and profit then became a car of many. This was the
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Porsche Decision Abstract A decade ago‚ Porsche‚ the luxury car company‚ found itself at a crossroads. Renowned for its classy and expensive sports cars‚ the firm had taken a hit in the wake of the 1987 stock market crash and suffered in great part due to Porsche’s dependence on the U.S. market. In addition to launching a new two-seater‚ the Boxster‚ in 1996‚ it decided to move into sport-utility vehicles‚ or SUVs‚ the popular but highly un-cool mode of transport for many American suburban
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Content 1. Marketing Environment………………………….Page2 2. About “Porsche”………………………………….Page3 3. External Marketing Environment Affected “Porsche”………………………………………….Page4 4. Marketing Mix Strategy…………………………..Page6 5. Conclusion………………………………………...Page9 6. Referencing……………………………………....Page10 Marketing Environment. The marketing environment is the factor that surrounds and impact upon the organization. The marketing environment is represents a mix between the internal and external forces that significantly
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FUNDAMENTALS ASSIGNMENT Porsche: Guarding the old While bringing in the new Q 1: From the case identify and briefly explain three specific factors that may influence a consumer to purchase a Porsche (hint: select specific influences from the social and psychological group) Factors influencing the consumer behavior are the situational‚ group and individual. (Elliott‚ Rundle-Thiele & Waller‚ 2010‚ pg.104). Kotler and Armstrong (2012‚ pg.186) state customers of Porsche are strongly influenced
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Down loaded from the TT100.biz website Growing a business by developing products and markets Ansoff’s Product/Market Matrix Product Market Current New Current New Market penetration Market development New product development Diversification Expansion Beiersdorf has expanded in each possible direction. ◗ Market penetration is demonstrated by NIVEA Lip Care products‚ which have been extended with new variants. The latest of these (Pearl and Shine) became the market leader in 2003. ◗ An
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1) Analyze the buyer decision process of a traditional Porsche customer. For products purchase‚ a customer who needs a certain product does not straight jump to purchase decision as right decision would not be so easily made‚ especially for high involvement products such as cars. The buyer decision process is the decision making process undertaken by consumers‚ which consists of five stages: problem recognition‚ information search‚ alternative evaluation‚ purchase decision‚ and lastly post-purchase
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I. introduction Porsche is one the most famous and wanted cars not only for its look but it also have a good system and good prices when it comes to sports cars in general. So today I am going to talk about the invention‚ models‚ best features and qualities of Porsche cars. Like any other quality cars Porsche has its own best features when it comes to the car system. I have thoroughly researched and gathered as many as information on Porsche cars and also visited two Porsche companies in California
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Porsche had always been one of the most successful and influential brands in the world. The Carrera 911 is the dream car of many ambitious men. Before Cayenne launch‚ there is only one lower price Porsche Boxster had been added as a new product line to the brand in 1996 . Throughout the years‚ Porsche had successfully built up a strong high-end sports car identity. The Cayenne news was shocking for consumers‚ as they could never imagine such a product. In this paper‚ I am going to identify problems
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