...Innovation and quality describes the Canon Inc brand and its development of professional products. “Canon’s HD camcorders, digital SLR cameras, precision lenses, projectors, and professional printers deliver the advanced imaging performance and capabilities that HDTV program producers, broadcasters, ad agencies, filmmakers, and other digital content creators rely on for making dynamic visual media” (Canon Film & Television, 2012) Offering new camera concepts to fundamentally and continuously introduce change in photography is key in aligning the Canon brand and image to be synonymous with reliability, ease in functionality, and quality to the professional consumer and establishing itself as the brand to beat in the digital camera marketplace with its lens technology that can produce super sharp, high-resolution pictures (“Red for still & motion.,” 2011). Canon’s brand dominance and notable achievements separates them from other competitors, such as Fujifilm and RED and with the current competition trend of HD production, Canon will surpass expectations and cavort its dominance over the competition with the long awaited Digital SLR EOS Renegade 3D (Renegade 3D). Canon was first to begin the motion capture craze with their innovative introduction of the seditious Canon EOS 5D Mark II back in 2008 and since then Canon has surpassed the competition with a production development line of cinema EOS model cameras that obtain similar, if not more advanced, digital...
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...Vistakon is a highly successful manufacturer of contact lenses with leading brands in the disposable contact lens segment. Following the recent success of its Acuvue and Surevue products, the company has developed a daily disposable contact lens, 1 Day Acuvue. The new product has been launched in the Western region, and based on the results, Vistakon needs to decide how to roll out the product nationally. Positioning, pricing and distribution of the product are some of the main focus areas for Vistakon. The soft contact lens market had 21M consumers in 1994. Vistakon penetrated this market in 1987 with Acuvue – an extended wear contact lens that was the first disposable lens at the time. It was a revolutionary concept – a lens that you “never had to clean”. But what caused Vistakon to originally develop the product was an inexpensive manufacturing technology. Disposability was largely a consequence of the manufacturing process rather than an identified consumer need. Yet, this helped Vistakon differentiate the product, and create a market that grew to 4.6M consumers in 1994, while making profits due to high volume, low cost production. The success of Acuvue was also a result of innovative “pull and push” marketing strategies – reaching out directly to the consumer, while establishing a close relationship with Eye Care Professionals (ECPs). The financial backing of parent company, Johnson & Johnson (J&J), was a big reason why Vistakon was able to pursue an aggressive marketing...
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...Standard Mandatory Confidential St December 2008 The Nutrition, Health and Wellness Mapping Standard for Product Portfolio Evolution RE S PL PON PR EAS SIBL OD UR E UC E TS PR OTH OD ER UC TS AD NF PR EQU OD AT UC E TS AD NUT D R PR ED V ITION OD AL UC UE TS 60/40 win NH STR O PR W VA NG OD LU UC E TS Classification Standard Date of publication December 2008 Replaces Not applicable Author Corporate Wellness Unit. The Corporate Wellness Unit wishes to thank: u Wellness Champions of Zones, SBUs and Markets u Nutritionists of NRC, PTCs and Markets u GLOBE and F&C specialists u Market Heads and SBU Heads who commented on the strategy as it was evolving u And so many other talented colleagues from corporate teams. Approver Nestlé Board of Directors and Nestlé Executive Board Paul Bulcke Chief Executive Officer Werner Bauer Executive Vice President Strategic Business Units, Marketing and Sales Repository All Nestlé Principles and Policies, Standards and Guidelines can be found in the Centre online repository at: http://intranet.nestle.com/nestledocs Copyright and Confidentiality The content of this document may not be reproduced, distributed or disclosed to third parties without proper authorisation. All rights belong to Nestec Ltd., 1800 Vevey, Switzerland. ©2008, Nestec Ltd. This booklet, and accompanying materials including the CD-ROM, should be kept strictly confidential. Please only share with colleagues who are directly involved...
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...Competitive Positioning: Ford Motors [Type the document subtitle] [This paper tries to analyse the competitive positioning of Ford on the basis of various business and strategic parameters which affects the profitability of Ford.] 2013 SilverSpark Microsoft 10/14/2013 EXECUTIVE SUMMARY: The company which is taken into consideration is Ford Motors which is an American multinational company. The study is about the company’s background, size, competitors, product life cycle, swot analysis, customer’s traits and the company’s positioning CONTENTS: 1. An Executive Summary..............................................................................2 2. Company & product background..................................................................2 3. Market analysis: Size, Competitors and Product Life .....................................4 4. SWOT Analysis...........................................................................................6 5. Customer traits and Segmentation ................................................................7 6. Positioning Strategy.....................................................................................7 7. Conclusion..................................................................................................7 8. References..................................................................................................8 COMPANY AND PRODUCT BACKGROUND: Ford Motors is an automobile...
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...Critically evaluate some elements of Marketing Communications and their use to The Marine Hotel Introduction The ‘Post Crisis’ Consumer – Consumer behavioural shifts and how this has affected management Declasse Consumption – not spending money frivolously Cooperative Consumerism – Consumers connected to the brand Durable Living – Consumers looking for ways to extract value Marine Hotel’s Communication Objectives Integration, the attempt to present a consistent message across the available promotional mix elements has always been important to successful organizations (kitchen and Burgmann, 2003) IMC is the concept and process of strategically managing audience-focused, channel-centerd, and result-driven brand communication programs over time (kitchen and Burgmann, 2003) nternal/external integration. All internal departments and all external employed agencies are working together to an agreed plan and strategy. (Holm, 2006) Vertical objectives integration. It means that communication objectives fit with marketing objectives and the overall corporate objectives (Holm, 2006) from a communicative perspective, is not the changing set of tools. More important is to adjust objectives and strategies to changing marketing and communication realities (Holm, 2006) The characteristics commonly associated with the concept of strategy and strategic decisions are, first, that strategy is concerned with the long-term...
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...Vistakon had grown from a specialty manufacturer with $20 million in annual sales to a market leader in the contact lens industry with over $250 million in annual sales. Gary Kunkle had succeeded Walsh in 1993 and the two were meeting in early 1995 to review the performance of 1 Day Acuvue contact lenses in the western regional rollout. The world’s first daily disposable contact lens, 1 Day Acuvue was designed to be worn for one day and then discarded. A national launch decision needed to be made, but based on the test market and the western regional results, there were lingering concerns regarding product positioning, pricing, promotion, advertising and trade support. Vistakon was an autonomous and highly entrepreneurial division in J&J’s renowned decentralized organization, and Gary Kunkle knew the decision was his to make. However, he also knew that J&J expected product excellence and market success. As Kunkle considered his options, he recalled a remark made by Walsh, We need to be careful that we don’t allow our past success to undermine our future growth. Big companies tend to be too cautious. Now that Vistakon has a major existing business to protect, it runs the risk of becoming overly analytical and moving too slowly. The Eye Care Industry Approximately 146 million people in the United States required corrective lenses, with the number of lens wearers increasing slowly with the aging of the overall U.S. population. The need for corrective lenses created...
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...Name: Janneza Roane Name of organization: Starbucks Corporation Environmental Analysis Starbucks Corporation was founded in 1971 in Seattle, WA, it is known as the premier roaster and retailer of specialty coffee in the world. It has since grown operating more than 21,000 stores in 65 countries with over 182,000 employees. Starbucks mission is to inspire and nurture the human spirit-one person, one cup and one neighborhood at a time. Their product mix includes roasted and handcrafted high quality/premium priced coffees, tea, a variety of fresh food items and other beverages. They also sell a variety of coffee and tea products and license their trademarks through other channels such as licensed stores, grocery and national foodservice accounts. Environmental analysis for Starbuck includes the economy, competition, technology and the political and social environments. Starbucks is usually known for "working for the environment" and they believe that their high prices are necessary for the quality of their products. The decline in sales has had a huge impact on the company revenue and production. Sales from stores have dropped drastically in the last couple years. Many would say that the countries financial crisis has made people think twice before purchasing a high priced coffee. The fact that Starbuck competitors may have a better deal in price has also played a part in their decline in sales. Starbucks’ biggest potential competitors are the fast-food leading corporations...
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...Product • Promotion • Price • Place (distribution) 3) International Marketing Objective SMART (corporate objectives) Sony’s Mission and Vission statement 4) Marketing Strategy Ansoff’s Matrix Market Entry methods Segmentation, targeting and positioning Assignment Question Produce an international marketing plan that will introduce a consumer brand sold in your home market into a country in which it is currently not available. Introduction International Marketing As you can see that nowadays, a majority of organization try to market their products internationally. There are some reasons why they want to market it internationally and the reasons are to saturated their home market, competition, excess capacity, product life cycle differences, geographic diversification, comparative advantage in product, skill and technology, organizational reasons and lastly is the financial reasons (Walsh., L.S., 1993). International marketing can be defined as the performance of the business activities that is specially designed to plan, price, promote, and were designed to direct the flow of the company’s goods and services to consumers or users in more than one nation for a profit (Cateora.R.Philip., Gilly. C. Mary., Graham. L. John., 2009). With an international marketing, you may market your own product and services internationally and can redo back on the products life cycle. Although, the product and...
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...AMN 400 - Consumer Behaviour Assessment Item 1 - Journal Article Critique Word Count: 944 Words Introduction Thøgersen, Jørgensen & Sandager in their 2012 article Consumer Decision Making Regarding a “Green” Everyday Product” discuss consumer’s interaction with brands through the lens of product differentiation and the effects on involvement in the purchase process. The article examines the consumer behaviour of involvement and develops an understanding qualifying the differences between a high involvement interaction and a simple heuristic with respect to an everyday product. The Evaluative result is mixed: The article’s approach demonstrates a highly developed research methodology with clear and concise conclusions. However, there are assumptions made with respect to the participants and the subject matter which detract from the consistency of the article, resulting in a narrow perspective. Summary The article considers brand differentiations in a segmented market, hypothesising the heightened involvement a consumer experiences when brand presentation is geared towards an aspect that connotes emotive associations. The authors conduct observations and interviews with a set of consumers purchasing an “everyday” item from two department stores in Denmark to ascertain their purchasing attitudes and decision making processes when considering brand alternatives. the focus of this study was the engagement of consumers with environmentally sustainable or “green” products;...
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...1. Financial Health (Exhibit 1): The financial health of the company is solid. BPS has increased its turnover by 48.6% which contributed to the increase in its before tax income of 102.6% from 1988 to 1989. Overall the company has reduced its costs. They have reduced production costs, both overhead and direct, by 0.7% and 14.5% of turnover, respectively. In addition, marketing and R&D expenses have fallen by 0.8% of turnover. Although most of the decreases in costs have been beneficial for the company’s overall growth, the last reduction in marketing and R&D costs may have negative implications and could lead to the erosion of its competitive advantage. As a technology company, Barco caters to innovators by providing leading edge technology; a decrease in R&D could hinder the company’s ability to provide premium products. 2. Words Describing Barco: All of BPS’s offerings are top-of-the-line. They share a “reputation for the highest quality final image and excellent reliability once fully installed” (pg.7). However, in seeking to provide the best available products, Barco has added complexities that are not particularly user-friendly. 3. Top 5 Key Issues: |5 Key Issues |Brief Description |Crucial | |How to react to Sony’s new 1270 product launch |It is estimated that BPS stands to lose as much as 75% of its forecasted 1990 |Yes ...
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...Product Description Our product focus will be with Canon’s EOS DSLR Camera line which is manufactured by Canon Inc., a Japanese imaging and optics manufacturer based in Tokyo, Japan. ”Digital Single Lens Reflex (DSLR)” cameras are designed to take high quality digital photographs using a single lens for view-finding and capturing an image. This is done by reflecting the light that travels through the lens with a mirror and a prism and projecting it through the viewfinder. The image projected through the viewfinder at the back of the camera is more or less what is captured by the camera’s image sensor. This provides the photographer with accuracy in terms of capturing the eye sees. This is in contrast to point-and-shoot cameras which uses different lenses for view-finding and image-capturing. (Harris, Tom. N.D.) EOS or “Electro-Optical System” is Canon’s brand name for its autofocus enabled SLR’s—this includes both digital and film system cameras. However, this paper will solely discuss the digital SLR line. Canon EOS DSLR’s also feature an interchangeable lens system which provides flexibility to achieve desired effects and performance. The EF (Electro-Focus) lens mount is the standard for Canon’s EOS product range with different types of lenses compatible with any of the EOS cameras. This enables the photographer to customize the camera depending on what is being photographed (wildlife, portraits, sports and other subject matter), conditions (such as lighting and distance),...
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...Background of the brand/client profile Canon Inc. (as known as Kyanon Kabushiki-gaisha) is a Japanese multinational corporation that specialized in the manufacture of imaging and optical products such as scanners, LCDs, camcorders, photocopiers, cameras, single lens reflective, steppers and some medical equipment. It is a worldwide brand that you can found at any country. Canon Inc. headquarters are located in Ohta-Ku, Tokyo, Japan while the founder of Canon is Takeshi Mitarai, Goro Yoshida, and Saburo Uchida but the current Chairman and CEO is Fujio Mitarai. In the first place, Canon Inc. was once named Precision Optical Industry Co. Ltd. ( Seikikogaku Kenkyusho) which is founded at 10 August 1937. The first produced camera name Kwanon...
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...remove contaminants from water. Brita does poorly on this comparison relative to PUR. Second, Brita learns that Procter & Gamble has just purchased a controlling share of PUR water filters, with the implication that PUR will now be marketed by a firm that is known for its marketing expertise and resources. Responding to such threats, whether they be new competitive products, suddenly viable competitive products, or repositioned competitive products, is called defensive marketing strategy. Each year, over a thousand new products are launched in the consumer sector alone, and many times that number in the M I T S L O A N C O U R S E W A R E > P. 2 industrial sector. Many of these new products are perceived to be significant threats to highly profitable businesses. For example, Johnson & Johnson’s Tylenol brand of analgesics once dominated the over-the-counter market for pain relief.1 Tylenol had gained this position through a long series of marketing actions that established it as effective with low side effects. Tylenol, based on acetaminophen, was clearly perceived as much gentler than other products such as Bayer and Anacin, which were based on aspirin (possibly with caffeine), and Excedrin, which combined aspirin, acetaminophen, and caffeine. However, in May of 1984, the ingredient ibuprofen became available to all manufacturers for over-the-counter use. Tylenol faced threats by new analgesic products such as Advil (American Home Products) and Nuprin (Bristol-Myers)...
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...Strategic Marketing Plan Strategic Marketing Plan Shape us all Push us to invent Marketing IV Mr Cunningham Shape us all Push us to invent Marketing IV Mr Cunningham Report 2 Matt Fenney, July 2013 1111006 Report 2 Matt Fenney, July 2013 1111006 Executive Summary A potential development on the Marsden Wharf within Auckland’s waterfront district, BLume aims to become Australasia’s first Michelin Star restaurant and cater exclusively to the VALS types of Innovators and Achievers (Appendix 1.5), individuals with a high resource base, income and cultivated taste for the finer things in life. Despite Auckland restaurateurs’ claiming the market is ‘oversaturated’, the issuance of new licenses reflects a drastic increase in the popularity of the Wynyard, Britomart and Federal Street precincts, adjacent to Marsden Wharf. Perceptual mapping indicates an unoccupied space in the market for a high quality, exclusive fine dining restaurant that BLume will position itself within (Appendix 1.1). Catering to a maximum of 30 individuals, 6 nights a week, BLume will be developed at a cost of approximately 4.2 million NZD (based upon the reported cost of a similar restaurant development, Noma), to return annual revenues of 3.8 million and annual profits of 2.4 million NZD when operating at capacity. Auckland, the dominant economic centre of a politically and economically stable nation that attracts comparatively large volumes of tourists of western origin (Tourism New...
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...Course Title: Principals of Marketing (MKT 101) Prepared For Kashfia Ahmed Senior Lecture Department of Business Administration East West University Prepared By Name of Students | ID | * Jahid Hasan Rajib * F M Alif Hossain | 2010-3-13-0592010-2-10-096 | Program : Bachelor of Business Administration (BBA) Semester : Spring-2011 Course Name : Principal of Marketing Course Code : Mkt101 Section : 1 East West University Date of Submission August 4, 2011. EAST WEST UNIVERSITY In writing this term paper, we are extremely indebted to almighty Allah who creates us is this transitory world along with concerned with this Term Paper. It could not possibly thank all of those marvelous people who have contributed a lot of this assignment. There are, of course some very special people who could not go without mention. First of all, we would like to convey our felt gratitude and regards to “Kashfia Ahmed” honorable Senior lecture, Department of Business Administration, East West University whose enthusiastic guidance and help during the entire study period made it possible for us to prepare this report. We are grateful to some prominent authors worldwide whose book I have consulted in the preparation of the assignment. We also thank to our course mates for their advice and comments to the success of the report. Thank You, Jahid Hasan Rajib Id- 2010-3-13-059 On Behalf of the Group September 28, 2012 Kashfia...
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