...Shiseido has followed a strategy which is uncommon for Asian brands expanding beyond the region. Shiseido has used acquisitions as a main channel to gain a foothold in the crucial cosmetics markets of Europe and the United States. As cosmetics is an industry driven by aspirations, lifestyle issues and images, Shiseido decided on the acquisition path to gain visibility, acceptance and access to established customer bases in new markets rather than spending years trying to establish the Shiseido brand from scratch. In order to gain entry into the French and thus the European market, Shiseido acquired the Carita brand and prestigious salon on the Faubourg St. Honoré in Paris in 1981. The salon, with it distinguished and rich clientele of royalty and celebrities, commanded a unique position in the French market. To gain entry into the North American market, Shiseido acquired Unilever’s Helen Curtis in 1996.24 These acquisitions gave Shiseido an opportunity to build on something already strong in those markets. Maintaining a strong brand architecture system Managing the brand architecture could prove to be a challenging task for Shiseido. Shiseido has been engaged in three main activities: ■ Acquisitions of brands in Europe and the US ■ Importing new non-Shiseido brands into Japan through the brand holding company ■ Introducing multiple brand extensions in the market. Given the diverse market segments that Shiseido’s brand extensions serve, these brand extensions...
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...Research In Motion Case Study Report MKTG 1102 – Set K Anne Marie Webb-Hughes The Zen Group (Group B) Allysa Bikowski Sam Bryant Sarah Crossin Jeron Dillon Kevin Giles Theresa Lawson David McConville October 22, 2009 0 Problem Identification Research in Motion (RIM) will face considerable challenges moving forward. The most relevant questions at hand for the company are, “How can RIM successfully gain a more significant market share of the consumer market?” and, “How will RIM maintain its brand dominance within the business market?” Key Findings RIM, founded in 1984, is the pioneer of smartphone technology and the developer, manufacturer and marketer of the most popular portable communication device in the world, the Blackberry. Unveiled in 1998, the BlackBerry is a truly innovative product that has changed the face of business. In August 2009, Fortune Magazine named RIM the fastest growing company in the world and according to British Broadcasting Corporation, RIM profits have increased by 84% and revenues by 77% in the last three years (Fortune Magazine, 2009). Furthermore, Schonfeld (2009) reports that 56% of all smartphones in the United States are Blackberries and the bestselling smartphone of 2009 is the Blackberry Curve. Despite this success and growth, RIM faces significant challenges. The greatest challenges currently confronting RIM are maintaining its market dominance in the business market and increasing their market share in the consumer market. While RIM...
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...Research In Motion Case Study Report MKTG 1102 – Set K Anne Marie Webb-Hughes The Zen Group (Group B) Allysa Bikowski Sam Bryant Sarah Crossin Jeron Dillon Kevin Giles Theresa Lawson David McConville October 22, 2009 0 Problem Identification Research in Motion (RIM) will face considerable challenges moving forward. The most relevant questions at hand for the company are, “How can RIM successfully gain a more significant market share of the consumer market?” and, “How will RIM maintain its brand dominance within the business market?” Key Findings RIM, founded in 1984, is the pioneer of smartphone technology and the developer, manufacturer and marketer of the most popular portable communication device in the world, the Blackberry. Unveiled in 1998, the BlackBerry is a truly innovative product that has changed the face of business. In August 2009, Fortune Magazine named RIM the fastest growing company in the world and according to British Broadcasting Corporation, RIM profits have increased by 84% and revenues by 77% in the last three years (Fortune Magazine, 2009). Furthermore, Schonfeld (2009) reports that 56% of all smartphones in the United States are Blackberries and the bestselling smartphone of 2009 is the Blackberry Curve. Despite this success and growth, RIM faces significant challenges. The greatest challenges currently confronting RIM are maintaining its market dominance in the business market and increasing their market share in the consumer market. While RIM...
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...Utility: The quality or state of being useful Value: The amount of money that something is worth: the price or cost of something Promotion: The act of moving someone to a higher or more important position or rank in an organization Product: Something that is made or grown to be sold or used Cobranding: To market or issue (as a credit card) in conjunction with another company so that the product bears the name of both- Product Line: In internet commerce, two firms working together to market a good or service. In co-branding, a website with a significant visitor or user base advertises one or more items provided by another firm. Advertising: A series of different products which form a group, all made by the same company Pull Strategy: The activity or profession of producing information for promoting the sale of commercial products or services. Pull Strategy: Finance: A branch of economics concerned with resource allocation as well as resource management, acquisition and investment. Simply, finance deals with matters related to money and the markets. To raise money through the issuance and sale of debt and/or equity. Liquid Asset: A type of asset that can be easily converted into cash. Leverage Ratios: The degree to which an investor or business is utilizing borrowed money. Companies that are highly leveraged may be at risk of bankruptcy if they are unable to make payments on their debt; they may also be unable to find new lenders in the future. Leverage is not always...
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...Strategic Advantage Through Successful Co- Branding ABSTRACT Today’s market is suffering from a syndrome of sameness where all the products offered to the customers look very similar. This similarity is not only from the sameness in the physical brand element but also in the symbolic value proposition offered to the market. In this situation marketers are searching for alternative method of branding for creating sustainable competitive advantage. Co-branding as an alternative branding proposition is fast making grounds due to various factors. The opening of Indian economy with spate of entries by multinationals makes it evident that the Indian consumer is going to face lot of products with co branding options. This paper looks in to the psychological principles of co-branding strategy and highlights the potential benefits and dangers of co-branding strategy as a brand building alternative in Indian Market. Key Words: Co-Branding, Classical conditioning, Conditioned stimulus, branding strategy, brand association, ingredient co-branding, joint venture co-branding, multiple sponsor co-branding. Introduction There are various strategic options available to a marketer for building a strong brand in the market place. Brand image building is a long term process and three key issues need attention to make a brand distinct from other products or brands in the same product categories. It is difficult to develop a long term one way strategy for a brand and make it...
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...Vision Statement To provide affordable alternate diabetic mediation online……. Mission Statement: Ohm's law states that the current through a conductor between two points is directly proportional to the potential difference across the two points. Introducing the constant of proportionality, the resistance,[1] one arrives at the usual mathematical equation that describes this relationship:[2] Case 19 Mobile Marketing at Adidas Analysis Internal Strengths • Huge advertising budget ($900 million dollars in 04) • Sponsorships/cobranding with some of the biggest athletes (Beckham, Kobe, etc.) • Established brand name: Historically largest share of soccer market in Europe (until 03) • Hiring Nick Drake brought insider’s view of mobile technology and market Internal Weaknesses • “Second place” to Nike • No longer the European premier soccer brand • Smaller marketing budget than Nike • Placed sponsorships with risky celebs “Kobe – sex scandal, Beckham – injuries, Missy Elliot – ?) External Opportunities • Increasing spending power of 12-24 year olds • Rise of soccer’s popularity in US • Growth of overall mobile market • Mobile market relatively untapped in US External Threats • Nike • Other mobile media “applets” • Other advertisers in print (hence, their need to break the clutter) • Other billboard advertisers (again, need to break clutter) Target Market • Basketball, baseball fans in US and Hockey fans in Canada • Hip Hop market in US ...
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...Product Concepts MCDONALD’S HAS TEAMED UP WITH CONAGRA TO TEST A LINE OF WRAPPED SANDWICHES MADE WITH HEALTHY CHOICE DELI MEATS. THE LINE, WHICH HAS FOUR VARIETIES, PUTS MCDONALD’S IN THE TRENDY WRAP SANDWICH CATEGORY AND COULD PROVIDE A MUCH NEEDED FOOD ITEM THAT IS LOW IN FAT, PORTABLE, AND CONVENIENT. THE SANDWICH IS TARGETED TO ADULT CONSUMERS, LONG A DEMOGRAPHIC SORE SPOT WITH THE RESTAURANT CHAIN. For McDonald’s, the Healthy Choice brand will provide a good-for-you image that is lacking in many of the restaurant’s food items. McDonald’s USA president Alan Feldman has noted that he is interested in borrowing brand equity from other brands as well. A source close to the company said, “I think you’re going to see a lot more of this cobranding at McDonald’s.” The McDeli test is part of McDonald’s attempt to upgrade its overall food quality and to develop new products that will attract consumer groups other than kids. Its last adult-targeted Deluxe sandwich line proved to be an expensive disappointment. The Arch Deluxe burger has been dropped from many stores, and the Fish Deluxe is being redesigned. The McDeli Wraps, developed by a franchisee in Michigan, have an average six to twelve grams of fat. The four varieties—Grilled Chicken Caesar, Turkey & Swiss, Turkey Club, and a no-meat Veggie Wrap—are intended to be a healthier product that mothers can have while the kids eat Happy Meals and that’s easy to eat while driving. The wraps have been selling briskly in test markets...
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...Brand Advertising • Do the ads break through the marketplace clutter? • Do they powerfully communicate the brand's promise and personality? • Do they include the "reason's why" (differentiating benefit proof points)? • Do they connect with the target consumer on an emotional level? • Do they tap into the consumer's beliefs, values, aspirations, hopes and fears? • Do they include components that are "ownable"? Nike’s strategy was to create dominant presence in media. Nike created media presence in several trend setting United State cities. TV ads linking Nike to a city were used, but real drivers were huge oversized billboards and murals on building that blanketed cities with messages featuring key Nike-sponsored athletes, not products/. The company focus its marketing on celebrity endorsement, i.e basketball, golf, soccer, and tennis. Lately Nike has also began to sponsor big sporting events so as to create huge awareness and brand following. In 2008, Nike spent significant amount on advertising in the Beijing 2008 Olympics and the Football Championship. After the recent Tiger Woods scandal Nike plans on revisiting it celebrity endorsement strategy. It can be noted that the “swoosh” logo is one of the most famous in the world due to these huge advertising efforts. Nike’s brand images, including the Nike name and the trademark Swoosh, are considered to represent one of the most recognizable brands in the world. This brand power translates into bottom-line revenues....
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...Chapter 6 Franchising and the Entrepreneur Part 1: Learning Objectives 1. Describe the three types of franchising: trade name, product distribution, and pure. 2. Explain the benefits and the drawbacks of buying a franchise. 3. Understand the laws covering franchise purchases. 4. Discuss the right way to buy a franchise. 5. Outline the major trends shaping franchising. Part 2: Class Instruction Introduction The number of franchises has grown tremendously. The number of U.S. franchises has increased consistently since the 1970s, and the continued growth since the mid–1980s documents that franchises continues to play a significant role in the U.S. and world business economy. Franchising is a business structure comprised of semi–independent business owners (referred to as the franchisees) that pay fees and royalties to a parent company (referred to as the franchiser) in return for the right to be identified with its trademark, to sell its products or services, and often to use its business format and system. As presented in Figure 6.1: The Franchising Relationship on page 196, the connection between the franchiser and the franchisee is a unique and often a highly structured and defined business relationship regarding: • Site selection • Design • Employees • Products and services • Prices • Purchasing • Advertising • Quality control • Support Types of Franchises ...
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...related marketing: * Sponsoring * Sales promotion activities * Merchandising * Co-branding License ≠ own product. What to develop co branded product? * Develop the brand and improve notoriety * Get closer to the general public (si el public de una compania son los chicos le conviene asociarse a unisef) * Recruit new donors and build loyalty * Generate income * To overcome a lack of advertising * Reposition the brand (la empresa quisiere cambiar su target, pueden cambiar el product o la forma en que se ve al product). * Protect de brand Aim for sustainable products: Transform the market to make it more reachable for the consumers to buy product por envirioment friendly. Cobranding partnerships are represented through a licensing agreement on a product which has ecological advantages and innovative methods. The WWF band can be used on the product, point of sales advertising or communication. Part of the sale price is given to the WWF. Benefits for the company: * Wwf notority= one of the most famous logos * Very rich indentify + positive values + brand likeability * It is a guarantee for the product * Wwf expertise * Its responds to consumers new expectation for sustainable products * press coverage. How to choose a partner: Three main criterias 1. PROGRESS INITIATIVE: to reduce product impact on the environment 2. COMUNNICATION: communicate WWF messages, environmental issues...
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...Marketing Mix Project THE APPLE IPAD By MeelieB June 16, 2012 INTRODUCTION Technology in its respect has made a huge impact in today’s society. With technological products ranging from computers, kindles, mp3 players and handhelds, at least two of these products can be found in every home in the United States. These products have developed into products of necessity in which serve vital functions for everyday life. Functions such as research on papers such as this, performing business transactions, and providing reading material and entertainment for which people can enjoy are all performed by these technological products thereby cementing their importance in today’s society. With these products come companies that are working hard to outdo the other, creating products that go above and beyond to meet the needs of consumers. Apple, technological giant, has done this by creating a product which has the same function of a computer but is easily handled like a mobile phone. This product created is the iPad, and since its creation it has made its mark within the technological world. Nevertheless, in this project I will analyze the product, iPad, going into detail the marketing mix implemented for the product. I will analyze the product itself, place, promotion and price of the product. PRODUCT SECTION Positioning The iPad is a consumer product that satisfies consumers need for entertainment and mobility. Apple positions iPad as a product that caters to individuals that...
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...op yo rP os t www.hbr.org H B R CAS E ST U D Y Can Transition expand without losing its elite aura? Six commentators offer expert advice. AND COMMENTARY How Do You Grow a Premium Brand? by Regina Fazio Maruca Do No tC • Reprint 95205 H B R CAS E ST U D Y rP os t Transition is the Tiffany of health clubs. Now its owner wants to expand. op yo How Do You Grow a Premium Brand? No tC Do COPYRIGHT © 1995 HARVARD BUSINESS SCHOOL PUBLISHING CORPORATION. ALL RIGHTS RESERVED. by Regina Fazio Maruca It was a great idea. The first of its kind. A series of ultrapremium health clubs located in major cities throughout the world. Targeted at senior executives too busy to eat. Frequent business travelers. Singles. People who just plain liked the extra attention and pampering and could afford to pay for the best. And it really had taken off. Since its flagship club had opened at one of New York City’s most prestigious addresses 15 years ago, Transition’s sales had doubled each year. The first location, a 25,000-square-foot facility with 14 full-time staff members, plus numerous sales associates, was almost maxed out at 2,300 members. Within its first two years of operation, Transition had opened similarly popular facilities in other major cities: Chicago, Washington, Los Angeles, London, Paris, Milan, Singapore, Hong Kong, and Tokyo. Within five years, it was also operating through the five-star Printemps...
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...Leadership Project: Wang Cher 1. Give the title of the book and a brief biography about the leader (1/2) page. The legend of Wang Cher written by Zhenwei Zhang narrates the life of Cher Wang from childhood to her fifties. Cher Wang was born on September 14th, 1958, the third child in her big family. Her father, Y.C. Wang, one of Taiwan’s richest men, was the legendary founder of Formosa Plastics, the Taiwanese petrochemical conglomerate that now has about 100,000 employees. Born in a family like this, Cher had the privilege of attending private school in the United States. In 1974 she attended the exclusive College Preparatory School in Oakland, California. After graduating from high school, she attended University of California – Berkeley. Cher, who originally wanted to be a pianist, was first admitted to Berkeley as a music major, but switched gears mid-stream, earning a master’s degree in economics instead. In 1982, Cher cut her teeth in the technology domain at First International Computer, a computer products manufacturing unit presided over by one of her sisters. While working at this company she got the idea for what would become the products produced by HTC. However, it took several years for Cher Wang’s inner entrepreneur to surface. In 1987, she founded VIA Technologies, Inc. In 1997, at the age of 39, she came back to Taiwan, launched HTC along with associates HT Cho and Peter Chou. In 2010, Cher co-founded the ABAC Women’s Forum to identify capacity-building policy...
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...DEVELOP & IMPLEMENT STRATEGIC PLAN DEVELOP & IMPLEMENT STRATEGIC PLAN Introduction: The purpose of strategic or long-range planning is to assist the Association in establishing priorities and to better serve the needs of the membership. A strategic plan must be flexible and practical and yet serve as a guide to implementing programs, evaluating how these programs are doing, and making adjustments when necessary. A strategic plan must reflect the thoughts, feelings, ideas, and wants of the developers and mold them along with the Association's purpose, mission, and regulations into an integrated document. The development of a plan requires much probing, discussion, and examination of the views of the leaders who are responsible for the plan's preparation. However, more often than not, the development of the plan is less complicated than is the implementation. Implementation, in essence, pulls a plan apart and diffuses it throughout an organization. Every unit within the organization which is involved must then accept the plan, agree to its direction, and implement specific actions. In order to effectively and efficiently implement a plan, all individuals involved in its implementation must function as a whole or the plan is destined for failure. [pic] Part A A DEFINITION OF STRATEGIC PLANNING Strategic planning is a tool for organizing the present on the basis of the projections of the desired future. That is...
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...I. Executive Summary NASCAR is the brainchild of William France, which he started in 1948. Remaining under the control of the France family, NASCAR has since grown to become multibillion dollar business and one of the premier sports in America today. NASCAR sanctions over 1500 races at over 100 tracks in the US and Canada. NASCAR’s business model and success is heavily dependent on its relationship with big name sponsors. NASCAR strives to be the recognized leader in motorsports entertainment by improving distinctive environments for customers, participants and employees. NASCAR foresees strategic global expansion specifically in mature markets such as Europe, where Formula 1 racing has a dominant foothold. NASCAR is particularly sensitive to recessions. To combat this issue, strategic pricing will be used along with the support of loyal sponsors. To continue growing the NASCAR brand in the US we plan leverage our high profile drivers to appeal young folks. NASCAR is also cognizant of the untapped market with minorities and is committed to attracting this diverse group through target marketing and the implementation of special programs. To promote safety within professional racing NASCAR has invested in new technology and is stringent on safety procedure. NASCAR plans continue emphasizing safety and research to make the sport safer than ever. The company also plans to pursue more green initiatives to reduce its carbon footprint. As the economy improves the company will...
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