ISSN 1392-2785 ENGINEERING ECONOMICS. 2008. No 1 (56) COMMERCE OF ENGINEERING DECISIONS Theoretical Aspects of Product Positioning in the Market R ta Ostasevi i t Kauno technologijos universitetas K. Donelai io g. 73‚ LT-44029‚ Kaunas The article consists of fourteen parts‚ starting with the introduction where the novelty‚ the problem of the research‚ the object of the research‚ the purpose of the research and the research methods are described. The purpose of the article is systemization and
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Describe two pieces of data that NIVEA used when preparing its marketing plan to relaunch NIVEA FOR MEN. The NIVEA team used the SWOT analysis to assess the business and brand position and to know where their competitors are. They also used a marketing strategy these strategies set out how the objectives would be achieved within the designated budget set by the management team. 2. Explain why NIVEA used football sponsorship to help increase its sales of NIVEA FOR MEN products. They used football sponsorship
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GEOGRAPHY 1. Region: Canadian tire is spread all over Canada with 1200 stores across the country. 2. Market size: 90 per cent of the Canadians visit CT every year. One third of sales are driven by strong in-house brands leading market share in many of key lines in business. 3. Market density: Canadian tire is one of the most shopped general merchandise retailers. A CT store is within 15 minutes reach of 90 per cent of Canadians and has 1200 stores across Canada. 4. Climate: The climate
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J.C. Penney’s CEO Ron Johnson embraced focused-differentiation as his primary competitive strategy. The focused-differentiation strategy is to offer products or services that are of unique or superior value compared to those of competitors and to target a narrow market. This strategy closely mimicks differentiation strategy as both are used in efforts to attract customers‚ but focused-differentiation is more focused on a certain group of potential customers. The CEO was targeting a different kind
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Study #8: NIVEA NIVEA‚ one of the largest skin and face care brands in the world‚ was established in 1912 and introduced to the German markets. Germany has long been a center for skin care and cosmetics‚ and NIVEA was the leader and has continued to be one of the most recognized products in the market. With its brand image based on its products being clean‚ fresh‚ and natural it has become a timeless product recognized by its blue tin and white type face. Its first introduced NIVEA Crème in
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Nivea VS Vaseline Introduction Due to Metro sexual trend‚ product for men is growth very fast in the last 2-3 years. Not too many companies invested in this market until the first quarter of 2007 Beiersdorf‚ leader of men’s lotion market see the opportunities to invest in this market segment and to promote themselves as a fresh lotion for men‚ called “Nivea for men”. It helps dry skin of men to become smoothly and healthy skin. After entry of Beiersdorf‚ Unilever followed into this market
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Brand Nivea 1911: Nivea Creme introduced in the German market by Beiersdorf. 1912-1970 : Introduced a range of products under Nivea brand maintaining a mono-product philosophy. Nivea Creme remained the company’s premier product 1970-1993 : Extended the Nivea brand from the limited range of to a full range of skin care and personal care products 1993 onwards: Change in Senior Management leads to IMC philosophy. Product Mix Question 1 What is the brand image
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Lecture 1: Microeconomics and Biz Strategy References: Pindyck&Rubinfeld. Chap.1 What are the firm’s important functions and strategies ? 1. Selling need to know consumers purchasing behavior for example‚ what if the price increases: price elasticity of demand marketing/product positioning strategies Topics 3-5 lectures 2. Production Supply function/producers output decision how to produce? Firms output decision: Short run vs LR For example‚ should the firm continue producing
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THE TIMES 100 Downloaded from The Times 100 Edition 13 - http://www.thetimes100.co.uk Edition 13 Nivea : The use of the marketing mix in product launch Answer sheet 1. What is a consumer-led product? When the customer dictates the product market orientated. 2. NIVEA does market research‚ what are the two types of research? Primary and Secondary research 3. What are the advantages and disadvantages of both types of research and give examples? Primary e.g. questionnaires
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Market entry strategies are very important for every company. The fullers beer company has selected the target market‚ so it will choose a kind of entry mode into foreign market. Our company will choose the intermediate modes to enter the Brazils market. Contract manufacturing Fullers beer company can engage the local manufacturers to produce their products. Local manufacturer know about the Brazils beer culture‚ but also know the local laws. This is good for the fullers company enters foreign markets
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