Last week we applied the marketing process to a given company which was Jetstar. Firstly we sought to understand the marketplace and the customer needs and wants. We decided that Jetstar’s market was the low cost airline offering very low cost flights in Australia and abroad. The customers in that market are really after the cheapest flight possible while realising that they are sacrificing the comforts provided by a full service airline. Their basic needs and wants ultimately come down to the
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producing plants‚ in which 23 are producing cement now‚ one cement plant if for only white cement and 4 are going to start producing cement by the end of this year‚ and these plants are producing yearly about 18 million tons of cement. The BCG Matrix of HP RELATIVE MARKET SHARE POSITION High Medium Low 1.0
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• 4 million dollars cheaper to go direct. • What are the subjective (qualitative issues) • What is the overall risk involved? (Establish relationships with retailers‚ another risk is can they sell to the retailers carpet at the same price as the wholesalers? Financials: Wholesaler = of something Dealing with 7 wholesalers so need 7 distribution centers. How much it costs to lease those? (4) Total sales calls / how much one person can do = how many sales reps needed? Sales
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Role for Humor? Journal of Services Marketing‚ 12(6): 453-472 Kumar‚ R. 1996. Research Methodology A Step-By Step Guide for Beginners. London: Sage Publications Olsson‚ Veronica and Asa Larsson. 2005. Humor in Advertising. Bachelor’s Thesis‚ Department of Business Administration and Social Sciences‚ Lulea University of Technology. ISSN: 1404-5508 Stern‚ B.B. 1996. Advertising Comedy in Electronic Drama: The Construct‚ Theory and Taxonomy. European Journal of Marketing‚ 30(9):37 -60 ***** Advertising
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part-time work in a garage with $538 in working capital. Bill ’s study of negative feedback results in HP ’s first product the resistance-capacitance audio oscillator (HP 200A)‚ an electronic instrument used to test sound equipment. The 40s HP´s products won excellent acceptance among engineers and scientists. Bill Hewlett and Dave Packard create a management style that forms the basis of HP ’s famously open corporate culture and influences. They run the company according to the principle
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Marketing Plan for Mountain Man Looking at ALTERNATIVES : Recommendation ADVANTAGES DISADVANTAGES Launch MM Light Beer – Under the Mountain Man brand name • Brand Recognition Association with the MM brand which is reputable in the East Central region will enhance the launch of MM Light Beer (Superior Brand Recognition) • Goes well with the youth Light beer goes well with the young crowd and represents an untapped market of “no preference” – Prefer light beer to other categories and typically
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and inspire them has been the biggest contributor. By taking lead and creating a strong identity for itself the brand has managed to motivate the customer to look beyond great design & quality and move towards an eco-friendly lifestyle. Hidesign’s marketing message remains focused and the method of reaching out is constantly being refined. Hidesign has increased its online presence with its website and social networking sites like Facebook and twitter. With stories
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QUESTIONS 1. In what way is a universal power supply a postponement strategy? It allows HP to postpone (product standardization‚ postponement) the allocation of laser printers (or specification of printer engine) to specific regions by about two months. Thus‚ in these two months the decisions can be made based on the aggregate demand forecast (US & Europe) in all regions. Production team believes universal power supply can enable HP to better respond to regional demand (US & Europe) and reduce its
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Marketing And the International consumer Table of content Introduction ……………………………………………………………3 Market segmentation…………………………………………………...3 Geographic segmentation…………………………………………………….………4 Demographic segmentation…………………………………………………………..4 Psychographic segmentation………………………………………………………….5 Behavioral segmentation………………………………………………………………5 Target market…………………………………………………………………………..6 Positioning……………………………………………………………………………..6 Marketing objectives……………………………………………………..6 Marketing mix strategies…………………………………………………7
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Case 1: McDonald’s global marketing strategy 1. Identify the key elements in McDonald’s global marketing strategy (GMS). In particular‚ how does McDonald’s approach the issue of standardization? McDonald’s has become the most famous and successful fast-food restaurants all over the world. The concept of fast food and American-style food (burgers‚ fries) has conquered the world. We can talk about standardization regarding Mcdo’s strategy: the marketing mix is basically the same. Products: Fast
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