Chapter 12 Setting the Product and Branding Strategy 14-1 Copyright © 2003 Prentice-Hall‚ Inc. Kotler on Marketing The best way to hold customers is to constantly figure out how to give them more for less. 14-2 Copyright © 2003 Prentice-Hall‚ Inc. Chapter Objectives In this chapter‚ the following topics will be covered: Product Characteristics and Classifications Product Differentiation Services Differentiation Product & Brand Relationships Packaging‚ Labeling‚ Warranties and Guarantees
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Product and Service Strategies Smartphones The smartphone and tablet market continue to produce impressive growth and will persist in doing so over the next two years. The market should then transition from the growth stage to the maturity stage. During this stage‚ the key to success will be industry players ’ ability to differentiate their products from the competition and capture profit via margin expansion in a setting of production and manufacturing adaptations.1It seems as if Smartphones are
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The political environment has played a key role in the performance of both Coke and Pepsi in India. At the time when Pepsi was entering the Indian market‚ India was generally seen as a very unfriendly place for foreigners to do business. In addition‚ in 1991 India experienced a severe economic crisis that was triggered by the rise in imported oil prices following the first Gulf War. This was around the time Pepsi was already in the market in India‚ and had already got a decent foothold in the market
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professionals from various backgrounds each committed to the promotion of market research. In present globalization market it becomes very difficult for marketing people to measure the market‚ understand the consumer‚ take any decision and make any strategy without the help of marketing research. In the current scenario marketing research is no longer and isolated ivory tower operation but it is an integrated whole making a measure
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New Product Development Plan Grassbot The Robotic LawnMower DeVry University Online Table of Contents Preliminary Outline 1 I. Phase 1: Opportunity Identification and Selection (Initial Market Research) 1 II. Phase 2: Concept Generation 2 III. Phase 3: Concept / Project Evaluation 2 IV. Phase 4: Development 2 V. Phase 5: Launch 3 Product Description 4 I. Quick one time setup includes: 4 II. Features & Benefits 4 III. Specifications 5 IV. Technical specifications: 6 V. Market
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Coke & Pepsi in India Q1) Identify the issues that are going on in this case with respect to issues management‚ crisis management‚ global business ethics‚ and stakeholder management. Rank these in terms of their order of priorities for Coca-Cola and PepsiCo. Q 2) Evaluate the corporate social responsibility (CSR) of Coke and Pepsi in India. Q 3) Are these companies ignoring their responsibilities in India? Or is something else at work? Q 4) why does it seem that Coke has become a larger and
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environment analysis. An internal or external environment analysis is an analysis of the target market for a company’s goods or services that can provide understanding of environmental factors that need to be addressed for a products success. Even major Companies like Pepsi are affected by these factors. When considering the importance of the factors that affect marketing an organization plan it are necessary to note that the environment and market can be very complicated and are in the majority
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Osmosis Egg Lab I. Introduction The reason for doing this lab was to see the process of osmosis. Osmosis is diffusion from a high concretion to a low concentration across a cell membrane. The cell membrane was represented by an egg without a shell. II. Hypothesis The egg that will placed in the distilled water will swell like a balloon. This is because distilled water is a hypotonic solution which makes water go in a cell (the egg without a shell) and make it swell. The egg that will placed
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the main issue at hand: The company has paid £8.6m in corporation tax in its 14 years of trading in the UK and nothing in the last three years‚ despite UK sales of nearly £400m in 2011. only paid £8.5m in corporation tax since it launched in Britain in 1998 despite sales of £3bn‚ starbucks has reported a taxable profit only once in its 15 years of operating in the UK‚ often posting losses‚but on the other hand it reported profitability and good perfomance to its investors. corporation tax in the
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SIEMENS: Training and development as a strategy for growth 1. How does workforce planning enable Siemens to identify its training needs? Answer: Siemens is a one of the largest electrical and electronics engineering companies in the world. Every year it employs 20000 people in UK. In addition‚ Siemens UK invested a huge amount of money only on research and development‚ because their business focused on ‘innovation’. Therefore‚ for growth of their business‚ Siemens needs people with first class
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