New-Product Development and Product Life-Cycle Strategies Based on: Philip Kotler et al.‚ Principles of Marketing International Marketing Prof. Dr. Thomas Laukamm Objectives - Understand how companies find and develop newproduct ideas. - Learn the steps in the new-product development process. - Know the stages of the product life cycle. - Understand how marketing strategies change during the product’s life cycle. Fach‚ Dozent‚ Semester International Marketing Prof. Dr. Thomas
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What Went Wrong at Mattel The toymaker is recalling more dangerous toys made in China. Its troubles may be a warning sign for other multinationals Elmo‚ Barbie‚ Big Bird‚ and Dora. They are some of the most familiar and best-loved children’s characters. Now they’re caught up in the global debate about the safety of Chinese-made products. Mattel (MAT)‚ the world’s largest toymaker‚ announced on Aug. 14 an expanded product recall‚ involving vehicles based on the hit movie Cars that had lead paint
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Sasha Zakharka Dec 11‚ 2012 TQM Toyota recalls 7.43 million vehicles Toyota is a highly profitable Japanese automaker renowned for pristine quality‚ cost reduction and lean production methods. The company has been a model of operational excellence and its success has been acknowledged through The Toyota Way and the Toyota Way Fieldbook where it sums up the principles and behaviors that underlie the Toyota Motor Corporation’s managerial approach and production system. However‚ over the years
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president of Wal-Mart China‚ CassianChueng resigned just at the beginning when China’s government fully opened its retail market to foreign retailers in 2005; which was considered to be a declaration of failure to fulfill the retail giant’s expectation in China of Chueng. After one decade of operation in China‚ Wal-Mart has provided continuous negative returns to the headquarter in the US and was ranked only 20 in the top 25 chain stores in China at the end of 2004 according to China Chain Store Association
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manufacturer Toyota announces a recall in the United States of its 2010 Toyota Prius model due to issues with the car’s braking system. | 11/27/2012 11/27/2012 ------------------------------------------------- Japanese automobile manufacture Toyota announces a recall in the United States of its 2010 Prism model due to issues with the car’s breaking system. February 9‚ 2010 Toyota Motor Sales (TMS) U.S.A‚ Inc.‚ announced it will conduct a voluntary safety recall on approximately 133‚000
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at evaluating fashion brand – Etam’s marketing strategy on Sina Weibo by comparing other fashion brands which have official account on Weibo.To be specific‚ three major objectives are to figured out in this project: To have a clear understanding on the performance of Etam and other six fashion brand on Weibo To glean intelligence and insight from Etam and competitors’ Weibo To provide our own implication and recommendations to Etam’s Weibo strategy. 2. Methodology Both qualitative and quantitive
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Telecom Marketing Strategy of China 【Abstract】 It’s just a dozen years in the telecommunications industry in the largest in the world advanced level. According to China’s telecom industry‚ the status quo‚ to form enterprise groups‚ adhere to technological innovation‚ customer-focused marketing strategy‚ etc.. For the promotion of China’s telecom industry rapid development‚ the need to adapt to the fierce market competition‚ is of great significance. Keywords: telecommunications companies‚ market
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AVON PRODUCTS IN CHINA The Avon case presents the evolution of its endeavors in China during the 1990s. With a renewed strategy of aggressive expansion towards conquering the world market of beauty products and direct selling‚ Avon arrived to China in 1990‚ establishing its operations base in Guangzhou. Being the first direct selling company that entered the Chinese market‚ Avon faced several obstacles mostly in terms of selling the product‚ given that in the Asian Giant there was not usual to
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Since in China the economy expanded immensely and the urban people start to accept Western world dress style. The Chinese young people’s fashion styles are most trends to North American. Accordingly‚ the volume of trade between foreign countries and China is increasing rapidly. In order to enter China market‚ the Marketing strategy should be considered‚ and some adaptations and developments are necessary. Marketing strategy Join a partnership with local company is the optimal method for Roots
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Toyota originally blamed floor mats for the recall even though the gas pedal was the actual cause‚ but the car owners need to know exactly what was causing the gas pedal to accelerate and stick‚ without releasing. In conclusion that Toyota has a problem producing defective gas pedals‚ the following are examples: October 25‚ 2009 LA Times reported‚ “A federal report finds a possible flaw in the gas pedal design of a runway Lexus that crashed in August‚ killing CHP officer Mark Saylor and three family
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