Philippe vs. Rolex Gizem Ozdemir‚ Cynthia Younes‚ Martin Lemay‚ Alex Beauchesne Table of Contents Introduction to the Watch Industry 3 Customer and Competitor Analysis 4 PATEK PHILIPPE 5 History of Patek Philippe 5 Patek Philippe’s Strategy 6 SWOT Analysis 8 Marketing Mix 9 ROLEX 11 History of the Brand 11 Scope of the Brand 12 SWOT Analysis 12 Marketing Mix 14 Results – Patek Philippe 15 Recommendations Patek Phillipe 16 Results—Rolex 17 Recommendations—Rolex
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techniques involved in developing a marketing strategy L.O. 1.1: Provide a clear and accurate outline of the planning principles and involved in developing a marketing strategy for your company. L.O. 1.2:Describe and critically evaluate a range of tools and techniques used to produce a strategic marketing plan for your company. L.O. 1.3: Compare and contrast the BCG Matrix and Product Life Cycle. Describe how it can be used to develop a marketing strategy for your company
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1/24/2011 |Team B3 | |Anees P S | |Vineeth Vijayakumar | |Vineeth A
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in areas where customers are happy to pay more. The practice is intended to exploit the tendency for buyers to assume that expensive items enjoy an exceptional reputation or represent exceptional quality and distinction Example: Louis Vuitton‚ Rolex‚ first class air travel‚ luxury hotels etc. are products and services applying a premium pricing strategy. Economy Pricing Supermarkets often have economy brands for soups‚ spaghetti‚ etc. Budget airlines are famous for keeping their overheads
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lot of similes and figurative language to make their word play more interesting and make it enjoyable music. M The rap song Rolex performed by duo Ayo and Teo and written by Ogleoo and Shmateo consists of the artists expressing their love for a watch they adored. The song starts off with the hook. The first line of the hook alludes that they would like to obtain a Rolex watch.
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The Marketing Audit The marketing audit has certain similarities to a financial audit in that it is a review or appraisal of your existing marketing activities. Carrying out the marketing audit provides the opportunity to review and appraise your whole marketing activity‚ enabling you to assess past and present performance as well as to provide the basis for evaluating possible future courses of action. Because the business environment is constantly changing‚ the marketing audit should be used
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guidance on how to develop a 5 to 7 paragraphs that will allow me to determine the marketing deliverables for this project adn provide resources. I ’m attaching the original scenario. Your help is greatly appreciated You are developing the scope statement for the project‚ and now you are up to the marketing deliverables. You have met with the director of Sales and Marketing and have a general sense of what marketing will be needed to effectively launch the upgraded product. There will be a series
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Monitor marketing strategies and tactics Submission details Procedure 1. A collection of data that relates to the Marketing Plan in the Appendix of this assessment. Your Assessor will advise you on the options to be taken in this assessment: • Use the data supplied in the Appendix to this assessment and the Marketing Plan in the Student Workbook. 2. Prepare a one to two page project update report that outlines the current progress of the marketing activities against the marketing plan and overall
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Defining Marketing Paper Marketing is an activity. Marketing activities and strategies result in making products available that satisfy customers while making profits for the companies that offer those products. Marketing is the process of planning and executing the conception‚ pricing‚ promotion and distribution of ideas‚ goods and services to create exchanges that satisfy individual and organizational objectives (American Marketing Association). Marketing is far more than tactics. Marketing
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Marketing plan On Lyric Garments Submission Date: 29th April‚2010. Marketing plan 0n Lyric Garments Ltd. Course code: MBA5206 Submitted to Khondaker Sazzadul Karim Department of Business Administration Northern University Bangladesh Submitted by
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