prestigious Château de Vallois must decide whether to launch an affordable wine. by Daniela Beyersdorfer and Vincent Dessain The Experts Corinne Mentzelopoulos is the owner and CEO of Château Margaux‚ a firstgrowth wine estate in the Bordeaux region of France. Preserve The Luxury Or Extend The Brand? G ILLUSTRATION: LARA TOMLIN Philippe Sereys de Rothschild is the Vice Chairman of Baron Philippe de Rothschild‚ a family firm that manages the firstgrowth Château Mouton Rothschild
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disadvantages of Chateau de Vallois going into the cheap wine market 1) Launching a new product‚ and entering a new market will require large investment upfront‚ for doing research‚ hiring new staff‚ acquiring new land. 2) It is a risky investment since the new product market is very unfamiliar to the company. The market‚ competitors‚ consumer preference‚ even the climate is unfamiliar for the company. 3) The launch of cheap wine may hurt the brand image of the luxury line. Consumers may
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Louis XIV Louis XIV‚ a marvelous leader during his reign (1643-1715)‚ was a prime example of an absolutist ruler. He used his position to expand the power of his government with projects like the expansion of the Chateau de Versailles‚ completed in 1688. Despite the unimaginable cost of the monumental construction of Versailles that exhausted much of France ’s finances‚ its creation was beneficial for the French government‚ foreign influence‚ and the historical impact on France and the world.
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I am the CEO of L’oreal‚ a global personal care products company. We provide our customers with cosmetics‚ beauty and perfumes. Although we are in the cosmetics business now for 97 years‚ we are having difficulties with our shampoo line‚ which represents one-half of our annual sales in a normal year. But in 2005 it proofed to become our only product that didn’t work out the way we planned. Our shampoos are now in a declining phase and this affects our sales intensively. This is why we were
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cost of capital. 4. As a member of the Blaine’s controlling family‚ would you be in favor of this proposal? Would you be in favor of it as a non-family shareholder? Flash Memory‚ Inc. 1. Assuming the company does not invest in the new product line‚ prepare forecasted income statements and balance sheets at year-end 2010‚ 2011 and 2012. Based on these forecasts‚ estimate Flash’s required external
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MAZDA: POSITIONING A PRODUCT LINE I TEGRATED MARKETI G COMMU ICATIO (MKTG 6140) Case Summary • Lack focus in marketing and advertising plan. • Weak positioning‚ focus on value for money only. • Introduced new marketing strategy. • New slogan – “Get In. Be Moved” for Protégé (1999). • New approach used to cater new target market. • Introduced new slogan – “Zoom-Zoom” (make fun to drive for adults). • New model - MAZDASPEED Protegé‚ Protegé5 and MAZDA6. 2 I TEGRATED MARKETI G COMMU ICATIO
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Chapter 04 Cultural Dynamics in Assessing Global Markets True / False Questions 1. (p. 93) There is a moderate level American-style risk-taking among Japanese investors. FALSE Difficulty: Easy Type: Knowledge 2. (p. 93) The liberalization of Japan’s capital markets in recent years now gives Japanese more freedom of choice in their investments. However‚ only twelve percent of household financial assets are directly invested in stocks and a mere two percent in mutual funds
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Course Outline: “Change is inevitable‚ except from the Vending Machine” as the saying goes! Gone are the days that we were living in a linear world. We could predict and pre-act things in an orderly fashion. Today‚ we recognize that we live in a nonlinear world. We realize that changes sweeping the nations‚ economies and corporations are far deeper and longer-lasting. Being nimble‚ fast and change-ready has become a mantra for survival‚ if not for success. Capacity for change and transformation
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involving an independent retailer and an independent manufacturer. The manufacturer produces a single product and sells it exclusively through the retailer. Using this supply chain framework‚ we develop a game theoretic model to study two commonly observed practices of selling extended warranties: the manufacturer offers the extended warranty directly to the end consumer‚ and the retailer selling the product offers extended warranty. We show that‚ of the two decentralized systems‚ when the retailer offers
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A01169400 Rafael Mondragón A01169815 Château Margaux: Launching the Third Wine Professor Giovanni Baldini Team #2 August 17th‚ 2015. Table of Contents: Business Strategy 1 Marketing 1 Target Market 2 Product 2 Place 2 Promotion 3 Price 3 Value Chain 3 Wine production 3 Packaging 4 Distribution 4 Going Global 5 Finance 5 Exhibits: 7 Exhibit 1: 7 Exhibit 2: 7 Exhibit 3: 8 Exhibit 4: 8 Exhibit 5: 9 Sources 9 Le Troisième du Château Margaux Business Strategy The exclusivity and
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