OP321 Assignment: Week#11 Haier case study Date: Nov7‚2014 1. What was their competitive strategy& order winner? Product innovation is Haier’s competitive advantage‚ which combined with supply chain innovation. Based on different customer’s lifestyle‚ Haier focus on product differentiation‚ which produced hundreds of unique products across Haier’s strategic model with low-end‚ value‚ and high-end brands. Such competitive advantage is created by supply chain innovation. Haier cooperate with suppliers
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Bibliography: 1. Dixon‚ D.F. and Blois‚ K.J (1983) “Some limitations of the 4Ps as a paradigm of Marketing”‚ In M. Christopher‚ M.H.B. Macdonald and A. Rushton (eds.)‚ Proceedings of the 1983 Marketing Education Group Annual Conference‚ Cranfield‚ July‚ pp. 92-107. 2. Henneberg SC‚ (2002) “Understanding Political marketing” in
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Haier Haier is a very successful white good company in China. The company turned the disadvantages and then became the Number one brand in China. Haier played first mover in the Chinese market‚ and played Niche in the international market(Appendix 1). In the Chinese market‚ Haier differentiate themselves by increasing the price and producing great quality products for their customers. When the company started to garneted revenues from the refrigerator product‚ company began to produce more product
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Haier: A Global Brand Executive Summary Haier‚ under the leadership of CEO Zhang Ruimin‚ grew from a single model refrigerator firm to the #5 white goods producer in a matter of two decades. Throughout the expansion process Haier entered over 100 countries through multiple entry modes and into other industries. The 2005 financial results gave Haier reason to pause and reassess its mission and strategic intent. The primary issue was whether to continue its expansion strategy or slow down
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of HAIER: A SWOT & Value Chain Analysis of The Most Successful Chinese Emerging Multinational - Haier International Business Management Candidate Number: 52875 19th December 2014 CONTENTS 1.0 Introduction .......................................................................................................... 1 1.1 Target Company Presentation - Haier ...................................................... 1 2.0 Haier: Environmental
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Haier CEO -‐-‐-‐ Ruimin Zhang Shen Si F35122015-‐7 Ruimin Zhang was born in Shandong Province on 1949 and Received an MBA from the University of Science and Technology of China in 1995. Now he is the CEO of Haier Group. Haier‚ established as a refrigerator factory in Qingdao in 1920
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SWOT Analysis Strengths: • Haier has a single company which serves the entire group in logistic that could reduce their cost. • They have a good innovation and continue improving in the product design. • Their products focused on the quality‚ which is better then their competitors in domestic market. • There is a service center that has a good service performance with computerized system in order to tracks the customer response. Weaknesses: • Opportunities: • The
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The perception and marketing strategy Perception is the human brain whole reflect about the stimulus various attributes and each part. The perceptual process can be divided into revealed‚ pay attention to and understand the three stages. Products‚ advertising‚ packaging and marketing stimulation will influence consumers behavior only when their brains produce perception.Understand consumers’ perception process‚ can help company to better grasp the consumer psychology‚ can help enterprises to better
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The Times 100 Business case studies ‘Creating a winning marketing mix’. Available from www.thetimes100.co.uk The article discusses how JD sports‚ the Britain’s leading sportswear retailer uses the ‘4Ps’ to outgrow itself. 4Ps includes ‘product’‚ a good or service’s function and feature. JD works with suppliers worldwide to create their own-brand products. ‘Price’ can be the money that costs to manufacture or create the products. It can also be the profit that products bring. JD buys a large
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3. 3. Haier uses both related and unrelated diversification strategies. A. Describe how Haier uses activity sharing and the transfer of core competencies to create value. (related diversification strategy) Haier catapulted in the last two decades producing consumer products that are sold in similar fashion. They all shared distribution channels‚ outbound logistics‚ and sales forces. Haier was able to develop core competencies through effective activity sharing of primary activities resulting
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