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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Phase III Individual Project Product‚ Price‚ Promotion & Placement Jerry W. Lane Colorado Technical University Online MKT305-0702B-01: Marketing and the Virtual Marketplace Instructor: Edward Haberek Jr. MBA‚ PHD (Candidate) June 18‚ 2007 Product‚ Price‚ Promotion & Placement Now that we have analyzed our marketing research and we have identified our potential target markets as being in the young adult to middle age adults and from the lower middle class and upward income bracket
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Running head: MERGERS AND ACQUISITIONS Mergers and Acquisitions Southwest Airlines Acquires Air Trans Airways Dr. Penny Wilkins BUS 508: Contemporary Business – Assignment #2 May 17‚ 2014 Mergers and Acquisitions Southwest Airlines Acquires Air Trans Airways In 1966‚ while sitting in a small diner‚ Rollin King‚ a Texas businessman presented his attorney‚ Herb Kelleher with an idea. The idea entailed creating a new airline‚ one that would offer low fares to passengers and
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[pic] Brand What is a Brand? A name‚ term‚ design‚ symbol‚ or any other feature that identifies one seller’s good or service as distinct from those of other sellers. A brand is the identity of a specific product‚ service‚ or business. The word
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Promotion Mix • Personal Selling‚ Product‚ Sales Promotion The promotion mix was great going into the 21st century. There is not much personal selling in Krispy Kreme. Instead‚ customers come in with the brand awareness of the doughnuts. The store emphasizes its original glazed doughnuts but other than that not much personal selling goes on. Product giveaways are held at grand openings to improve knowledge of Krispy Kreme products. On certain occasions Krispy Kreme sells a special flavored doughnut
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Nestle Promotion Strategy. - Writing 1 Casestudy February 7‚ 2010 Nestlé constitutes the bigger corporation in the field of research and technology of foods. Her annual investment in Research and Growth is the biggest of the branch while her personnel in this sector exceeds the 3.000 people.The Nestlé Research Centre in Lausanne‚ where is carried out the basic research‚ is recognized globally as one of the leading centres of researches in his type with above 300 publications
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innovative products are introduced or consumer tastes have changed. There is intense price cutting‚ and many more products are withdrawn from the market. Profits can be improved by reducing marketing spending and cost cutting. As sales decline‚ the firm has several options: * Maintain the product‚ possibly rejuvenating it by adding new features and finding new uses. * Harvest the product–reduce costs and continue to offer it‚ possibly to a loyal niche segment. * Discontinue the product‚ liquidating
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November 2014 Some tobacco manufacturers in UK adopted a promotion strategy by backing a new organization that launches recently to defend the right of smoker and push the message that drinkers and fast food fans will be the next targets of health campaigners if smokers’ freedom are not respected. It is a highly controversial issue for a business to financially support such organization to fight against tougher regulation and promote its product. On one hand it is reasonable for promoting the freedom
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BATA - PROMOTION Introduction Most students in Singapore grew up wearing canvas Bata shoes to school which were whitened with shoe polish‚ hung out to dry over the weekend and dabbed with liquid correction fluid to cover stains as the next school week progressed.1 Bata school shoes were worn daily and wore down quickly. There is a popular saying that Bata stands for “Buy and throw away”.2 Over time‚ these school going students grew up (most of the authors of this project would bear testament)
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PRODUCT CHARACTERISTICS & CLASSIFICATIONS Product level: The customer value hierarchy Is product a tangible offering? No‚ it’s more than that. “Product” is anything which can satisfy market. People classify products according to customer value. It’s illustrated by this circle system. At the centre is core benefit which the customer really buy. Take Shilla‚ a hotel of SamSung group‚ for example‚ when you get there‚ what are you pay for? Is it a room‚ or a bed‚ or a shower? Not at all. Basically
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