Micromax – The Story So Far Micromax Mobiles is one of the leading mobile companies in the World today. As given by the report of Strategy Analytic’s Global Handset Vendor Market share‚ Micromax is the 12th largest mobile brand in the World with a global market share of 1% and close to 8% market share in India. In the 2nd quarter of 2014 Micromax was able to defeat even the big giant Samsung in terms of mobile phone shipments to become India’s number 1 mobile vendor. As per the report by an independent
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STP analysis of Micromax. The strategic marketing planning process flows from a mission and vision statement to the selection of target markets‚ and the formulation of specific marketing mix and positioning objective for each product or service the organization will offer. Kotler present the organization as a value creation and delivery sequence. In its first phase‚ choosing the value‚ the strategist "proceeds to segment the market‚ select the appropriate market target‚ and develop the offer’s value
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Protocols: Protocol 1 Anticipatory I have been longing for one sunglass for a long time after I accidently stepped on my old one and broke it. Since summer is on the way‚ nice and sunny weather has always reminding me to think about consumption. Unfortunately‚ I am such a picky person that I determined to get the perfect fit only for my special. My criteria are primary focused on the quality‚ brand‚ and the style. Probably style can be considered as the most important one because I want everything
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products into market * Analyze the performance of the products already in the market * Promote extensively that longer meet market needs Micromax is an Indian consumer electronics company located in Gurgaon‚ Haryana‚ India. It is one of the leading mobile phone manufacturers in India as well as in the world. According to industry analysts‚ as of 2012‚ Micromax leads the Indian tablet market with a share of 18.4%‚ ahead of Samsung and Apple‚ and is the third largest mobile phone vendor in terms of
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MARKETING MANAGEMENT PROJECT REPORT INDIAN INSTITUTE OF MANAGEMENT‚ KASHIPUR A Study on Marketing Strategy of Micromax and Future Challenges Group 2 Akshay Aggarwal Ashok Kumar Mayank Singh Saurabh Bhise Mohit Sharma Submitted on: 21st Dec’ 2012 INDIAN INSTITUTE OF MANAGEMENT‚ KASHIPUR Acknowledgement Apart from the efforts made by the team‚ the success of this project depends largely on the encouragement and guidelines of many others. We take this opportunity to express our gratitude
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Behavioural Aspect of Marketing Examination on Motivational Behaviours Of Beauty Products’ Consumers And the Products’ Impacts on their Self-Concept Student Number: 6387071 and 6218598. Words Count: 4733. Contents ABSTRACT: This research paper discuss about the beauty products consuming into two parts where consumers have different motivation to buying and using beauty products and how those products impact on their
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Case Analysis: Westin Hotel & Resorts: Operations of a Lifestyle Experience By Dung Vo January 21‚ 2010 The assignment: 1. Describe briefly and critique the branding strategy that Westin launched in August 1999 that resulted in sleep‚ bath‚ and fitness experience. 2. Critique the process that Westin used to develop their new lifestyle brand. Explain whether you think the branding strategy will be successful. 3. Page one of the case says that the Westin Hotel owners and franchisees
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The paper illustrates how Chinese consumers evaluate‚ change and accept advertisements. Are they willing to accept the new ideas and how they accept it? Also‚ the paper discusses the question of what the impact of Chinese customer behavior of a foreigner advertising company is and what its future is. Advertising for the Chinese Consumer Chinese consumer behavior The paper illustrates how Chinese consumers evaluate‚ change and accept advertisements. Are they willing to accept the new ideas
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MK0011 – Consumer Behaviour - 4 Credits Assignment Set – 1 Note: Each question carries 10 Marks. Answer all the questions. Q.1 Explain the consumer decision process stages. decision-making process can be described as five different stages: The customer decision-making process and its five stages Knowing the customers’ decision-making process The most interesting thing about the study is that while they observed critical usability problems because of inadequate or poor information:
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Consumer Behavior‚ Marketing Strategy and Cross-Cultural Variations in Consumer Behavior Consumer behaviour study is based on consumer buying behaviour‚ with the customer playing the three distinct roles of user‚ payer and buyer. It is the study of when‚ why‚ how‚ and where people do or do not buy a product. It blends elements from psychology‚ sociology‚ social anthropology and economics. It attempts to understand the buyer decision making process‚ both individually and in groups. It studies characteristics
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