HOMEWORK #1 OF MARKETING MANAGEMENT Submitted To: Ms. Kanika Jhamb Submitted By: Leena Mohan RA17B1A30 B-tech(Hons)+MBA(CSE) Describe the targeting strategy of Levi’s. Describe the target market & explain the strategy being used to reach the market. LEVI’S Levi’s is a brand of Levi Strauss & Co.‚ a company which is worldwide recognized to be one of the prime marketers in apparels. Levi’s Strauss & Co. was founded by Levis Strauss who was a Bavarian immigrant in
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STP analysis of Blackberry What is STP ? Blackberry in a nutshell Segmentation According to the mobile communication market’s features‚ Blackberry combined the occupation‚ behaviour and income three factors as the multiple segments to describe the consumers of mobile communication market. Segment method Segments Demand Occupation Business professionals · Quickly access sales‚ product and organizational data in any database
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completing this topic students should be able to: a) To examine the specific nature of segmentation‚ targeting and positioning. b) Demonstrate an understanding of the inter-related processes of segmentation‚ targeting and positioning c) Relate STP theory to real life marketing situations ************************************************************************************ RECOMMENDED READING: Cavallaro‚ M.‚ (2008) Marketing to Men‚ Restaurant Business Available on: http://web.ebscohost
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Introduction Many multinational fast food chains (MFFC) like McDonald’s and KFC are opening outlets in India. A fascinating aspect of these companies is the intricate marketing process they employ to gain a stronghold on the market. The marketing process becomes even more involved due to the behaviour of Indian customer being different from that of the western countries‚ where these chains have typically been operating. Even with several outlets in various locations in India‚ the marketing process
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STP Of Cadbury The STP strategy: In Indian markets‚ Cadbury India has managed its markets very well and is constantly improvising on the product offerings to different market segments. First step in the STP strategy would be to see how product is perceived in the markets. Have a look at the website pages of Cadbury India http://www.cadburyindia.com/heritage/chocology.asp - it clearly shows how Cadbury is successfully eliminating the doubts and myths of eating chocolates. A history about chocolates
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Strengths Strong parent backup Audi operates a subsidiary of Volkswagen. Volkswagen is one of the leading global automotive companies engaged in the development of vehicles and engines‚ production and sale of passenger cars‚ commercial vehicles‚ trucks and buses‚ and genuine parts business. Volkswagen is the second largest automotive company in the world with a presence in more than 153 countries. In FY2010‚ the company recorded revenues of E126‚875 million ($168‚325.1 million). Moreover‚ Volkswagen
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Introduction Audi AG designs‚ engineers‚ manufactures and distributes automobiles. Audi oversees worldwide operations from its headquarters in Ingolstadt‚ Bavaria‚ Germany. Audi-branded vehicles are produced in nine production facilities worldwide. Audi has been a majority owned (99.55%) subsidiary of Volkswagen Group since 1966‚ following a phased purchase of AUDI AG ’s predecessor‚ Auto Union‚ from Daimler-Benz. Volkswagen relaunched the Audi brand with the 1965 introduction of the Audi F103series
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STP for Megaman Segmentation Megaman uses Marco-segmentation to choose its target segment. Business organizations with the scale of small to big are all belonged to this segment (from under 200 to above 200). In this segment the business organizations will all have a high usage rate on Megaman’s product‚ the product categories are Lighting products and solutions. Megaman also uses Micro-segmentation to well define its target segment. Some of the organizations will only require a lighting system
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Marketing mix of Audi Audi is a German based car manufacturing company‚ known around the world as part of the big three luxury car manufacturers. Along with Mercedes and BMW‚ Audi is the biggest luxury car manufacturing company globally. Audi oversees all its global production from its head quarters in Bavaria‚ Germany‚ and has further nine production facilities world-wide that manufactures their vehicles. Audi has been a majority owned subsidiary group of Volkswagen
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2. Why do companies such as Audi use testimonials as part of their marketing strategy‚ and why did Audi use Justin Timberlake for the A1’s ‘The Next Big Thing’ promotion? Testimonials are also known as sources‚ usually involving a person that is highly likeable and believable‚ who endorses a brand or product. Testimonials‚ or endorsements‚ are getting common‚ and it is not the first time automobile engage celebrities; such as Roger Federer for Mercedes Benz (Mercedes-Benz USA 2014)‚ Jackie Chan
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