product category. Our branding strategy is to enter the market by carving a new niche of protein-enriched energizing sports drinks. Our objective is to educate consumers about the new drink‚ as well as to make a profit and gain market share in the industry. We hope that by being market leaders‚ our name will become synonymous with the new drink category‚ and will aid in our sustaining a competitive advantage over the copy-cats that are sure to flock the market after the new products’ introduction and
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SLEPTEC ANALYSIS - AIRLINE INDUSTRY All industries are influenced by SLEPTEC factors. For example‚ some of the SLEPTEC factors affecting the airline industry in recent years include: Social: increased popularity of foreign travel leading to a boom in demand for air travel. However‚ this has been adversely affected by international terrorism. Legal: there are increasingly tight rules about the materials that need to go into aircraft construction in order to make them safer and more resistant
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000 wholly unemployed” (Thompson 250). As a result‚ the new factory owners could set the terms of work because there were far more unskilled laborers‚ who had few skills and would take any job‚ than there were jobs for them. And since the textile industries were so new at the end of the 18th century‚ there were initially no laws to regulate them. Desperate for work‚ the migrants to the new industrial towns had no bargaining power to demand higher wages‚ fairer work hours‚ or better working conditions
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2014 Team 2: Oilfield Services Industry Analysis Oilfield service companies have had a stronghold in the drilling industry since the advent of directional drilling and hydraulic fracturing. While the former was first used on production well sites in the late 1940s‚ the latter was invented in 1947 by Floyd Farris and J.B. Clark. However even with these technologies being available as early as the 1940s‚ the first real commercially repeatable systems was used in the 1990’s‚ pioneered by
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September 2013 1. Situation analysis A. General Environment Sociocultural/Demographic – Under Armour was able to build its brand image through extensive sponsorship. Under Armour now provides gear to the NFL‚ MLB‚ MLS‚ NHL the USA baseball and Ski teams including other professional leagues abroad. In 2005‚ Under Armour was supplying over 100 NCAA division I-A football programs and 30 NFL teams. Only four years since its founding Under Armour had become a globally recognized brand‚ and was still
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sold to consumers‚ its marketing strategies are strongly influenced by outside forces‚ or its external environment. These external forces affect the marketing environment which may include its political-legal‚ sociocultural‚ technological‚ economic‚ and/or competitive environment. The FitBit’s marketing is affected by all of these environments except political-legal. The sociocultural environment consists of changing social values. Recently‚ many people are becoming conscious of their activity levels
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When something is added to the environment which is very harmful‚ poisonous or fatal to the animal‚ people surrounding it and other living things is called as pollution. In simple term pollution is a contamination by a chemical or other pollutant that renders part of the environment unfit for intended or desired use. It is triggered by industrial and commercial waste‚ agriculture practices‚ day to day human activities and most notably‚ modes of transportation and many the other sources. Pollution
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number: R0141223 Module: Marketing Fundamentals The tablet market: External analysis of the micro-environment The global tablet PC market continues to grow with shipments reaching 53.8 million units in the third quarter of 2014. The rise in shipment from 48.3 million units in the third quarter of 2013 to 53.8 million units in the third quarter of 2014 can be attributed to the growing demand from costumers as the tablet industry offers the costumer a smaller sized device with a better battery life compared
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It’s no secret‚ Americans love fast food and it’s not only just them! This new trend in the food industry has spread all around the globe; thereby‚ making it one of the fastest growing segments in the food industry. The main characteristics of the fast food industry are quick preparation and service of food such as Burgers‚ Fries‚ Pizzas‚ and wraps. They provide minimal table services‚ and offer on-site consumption or take out services. Frequently‚ the food is standardized and shipped from a central
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“The future belongs to those who believe in the beauty of their dreams.” Says Eleanor Roosevelt and we cannot agree more. We have always been fascinated by topics related to product design and market analysis since a very small age as they are essentially omnipresent. Business related questions like “Why is this product priced like that?” and “How does this company make a profit?” have since then filled our mind and we have been eager to search for the ideal answer. The more we learn‚ the more we
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