...Company G 1-Year Marketing Plan Student Name: Nicholas Paramo Student ID: 000281718 Date: 9/1/2015 Student Mentor Name: Janaina Scannell Table of Contents Consumer Product Classification 3 Analysis of Competition using Porter’s Five Forces Model 4 Strengths 5 Weaknesses 6 Opportunities 6 Threats 6 Product Objective 7 Price Objective 7 Place Objective 7 Promotion Objective 7 Product Strategies 8 Price Strategies 8 Place Strategies 8 Promotion Strategies 8 Product Action Plan 9 Price Action Plan 9 Place Action Plan 9 Promotion Action Plan 10 Introduction Company G is introducing one of our best products ever. Our new product, the JAM Classic Boombox, will allow our customers to connect their phones to a mobile sound system making everyday tasks more enjoyable. The marketing plan will show how awesome this product is. Product Description and Classification The JAM Classic Boombox comes in many colors and looks really cool in any home or office space. Plus it's got some of the top of the line technology making the sound sound really amazing regardless of where you're at. The JAM Classic Boombox brings people dancing and grooving to the beat making you the life of the party. It even comes with a charging station that you can plug anything into. So now you can listen to some music and work anywhere in their house without being bummed out that your phone is going to die by playing some tunes. This product even...
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...companies using the Internet as their primary means to conduct business. These companies typically used the “.com” suffix in their company names, such as Amazon.com, and proliferated in the late 90’s with the massive investments in Internet-related stocks and enterprises. But with the failure and consolidation of many of these companies their numbers have since dwindled. The catastrophic collapse of the dot-coms that shook the U.S. economy started in May 2000. More than 210 dotcom companies failed in 2000 and a total of 762 dot-coms closed for the period January 2000 to December 2001. Since many of these dot-coms began to lay off their staff, the unemployment rate also increased from 3.9% to 6% by 2002. The dot-com bubble burst because the boom was based on the false premise that new technology would eliminate the need for brick-and-mortar stores as this new business model would supplant the old one, thereby converting the “Old Economy,” which is based on the production of physical goods into a “New Economy,” which is based on heavy use of information and communication technology. Although a great deal can be learned from examining the dot-com successes, it is equally important to study reasons for the failures. Examining the mistakes made by the dot-coms can provide insight into the evolution of e-commerce as a means of conducting business and furthermore help to form the basis on which new strategies can be developed for the future e-commerce environment. BACKGROUND In the 1990s...
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...unlike the more popular Godiva and Lindt. Currently owned by Steve Parkhill (since 2007), the company is privately held with 5 members on the board of trustees. Parkhill has stated the goal of the company to be to double or even possibly triple the size of the company within the next 10 years of operation. With a range of products from ice cream to fondue chocolate to just regular chocolate bars, Roger’s Chocolates is attempting to take over market share of an already highly populated area of goods. It is important to note how the chocolate industry has been doing as a whole, as this is where Roger’s Chocolates will be competing. The chocolate industry is declining in growth as many known chocolate brands are taking their products to a new height by trying to move into the premium chocolate industry, such as Hershey and Dove. With their brand name already recognized and highly bought, their transition will be much easier. This puts the premium chocolate market on the rise with the demand growing, mainly due to the aging of a large population (baby boomers) at one time who look for better chocolates in their later years. Therefore, to truly analyze this goal and how realistic it is for Roger’s Chocolates to achieve, five models were used and their findings are summarized below and the tables follow. Porter’s Five Forces Summary: The biggest factor affecting Roger’s chocolates from achieving its goal is the high intensity of rivalry in the existing market of...
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...Basics and Perspectives of Sports Marketing Table of contents Index of figures ........................................................................................................ III 1. Differentiation and evolution of dedicated sports marketing ........................... 1 1.1. Historical development and modern definitions ............................................... 1 1.1.1. Historical development ........................................................................... 1 1.1.2. A broader definition ............................................................................ 3 1.2. Distinctiveness of the sports market compared to traditional markets ............. 3 1.2.1. Characteristics of the sports market ................................................... 4 1.2.2. Characteristics of the sports product .................................................. 4 1.2.3. Characteristics of the sports consumer .............................................. 5 2. Defining a marketing mix ..................................................................................... 5 2.1. Analysis phase and market segmentation ....................................................... 5 2.2.1. The traditional four p’s ........................................................................ 8 2.2.2. Additional domains of sports marketing ............................................. 9 3. Current Developments and future perspectives ............................................
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...another company, the goodwill on the transaction is calculated as follows: the company debits the identifiable acquired assets and credits the liabilities at their fair values, credits cash for the purchase price and finally records the difference as the goodwill. Give examples of companies who own the intangible asset(s) 1. Famous example is Microsoft completed the acquisition of all of the Nokia Devices and Services (“NDS”) in 2013. Microsoft acquired Nokia for $7.2 billion in 2013. This was a huge opportunity for Microsoft as Nokia's products are trustworthy and have goodwill in the market, with the Nokia Lumia, Nokia Asha, etc. Thanks to this merge, Microsoft has increased its level of synergy, goodwill, brand name, better marketing environment and capability to innovate faster (Verma, 2013). The short effect of this merge was seen in Q4, where Nokia service and devices contributed to $1.99 billion to revenues, but it negatively impacted the operating income with $692 million loss (Trefis team, 2014). 2. Infamous example is AOL and Time Warner mergence in 2001. Investors admitted that goodwill was overpaid during the merge of AOL (cable...
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...Strategic Planning for Kohinoor Chemicals Submitted to A.S.M. Ashif Senior Lecturer Department of Business Administration, East West University MGT 480: Strategic Management, Section : 03 Submitted By Quazi Aritra Reyan 2010-1-10-145 Nayeem Hossain 2010-1-10-149 Fuad Ibne Ahmed 2010-1-10-003 Ananta kishor Chanda 2010-1-10-028 Saiful Islam 2009-3-13-027 16th December, 2013 ------------------------------------------------- ------------------------------------------------- Letter of Transmittal 16th December, 2013 A.S.M. Ashif Senior Lecturer Department of Business Administration East West University Submission of term paper Dear Sir, It is a great pleasure for us to have the opportunity to submit term paper on “Strategic Planning for Kohinoor Chemicals”. This had been a great experience for us to analyze such a practical strategic planning issue. We tried utmost to make and look like a professional one. Our efforts will be valued if this report can serve for what it’s been meant for and our assistance will be there for any queries. Sincerely yours, Quazi Aritra Reyan 2010-1-10-145 Ananta Kishor Chanda 2010-1-10-028 Nayeem Hossain 2010-1-10-149 Fuad Ibn Ahmed 2010-1-10-003 Saiful Islam 2009-3-13-027 ------------------------------------------------- Acknowledgement ...
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...REI Marketing Environment June 2005 Running Head: MARKETING ANALYSIS: REI REI: Mountaineer Spirit Alive and Well in Demanding World Elizabeth R. York Capella University Last updated July 9, 2005 1 REI Marketing Environment June 2005 REI Marketing Environment Analysis REI is a specialty retailer whose product line focuses on equipment and materials for the outdoor recreational enthusiast. They carry nearly everything one needs to enjoy the outdoors comfortably and effectively. Shoppers will find that they can purchase everything from tents, sleeping bags and camping equipment to specialized clothing to mountain bikes, kayaks and climbing equipment. REI’s product line includes gear of the quality that serves both the weekend family camper and the serious climber or cyclist. REI’s pricing is reasonable and will accommodate various income levels. In addition to the product lines, REI has a travel service that arranges unique and challenging adventures in exotic places such as Austria, Kilimanjaro and Botswana, and even Antarctica. One can explore these regions by foot, bike, rail or boat. Their group focus ranges from families to women only to birding to volunteer vacations with the American Hiking Association in which one can spend their recreational time helping to build or maintain hiking trails in sometimes remote areas. REI’s company information includes an encouragement to “join our winning team” and states that they have been chosen as...
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...followed by global business expansion and revolutionizing of tourism sector. The world has transformed into a global village, it’s a crowded place where 250 countries are competing to woo holidaymakers of all kinds. In today’s rat race, it has become imperative for each nation to compete with other for their share of the world’s consumers, business, investment, attention, tourists and position. For each country, the cities play a significant role in international competition for funds, fame and talent. The prosperity of an entire economy is at stake, and how effectively the city manages to succeed or fall depends on how effectively it communicates and brands itself. The nations focus on marketing their cities as a distinctive place and communicate about the place with help of media resources. In today’s world cities are like companies; those with a strong brand image will attract more tourists and investors. Any factor that emphasizes on a country’s appeal is constructive and herein comes the importance of destination branding. This review would introduce the concept of “Destination Branding” followed by a case study and conclusions and recommendations on a successful destination branding. Introduction on Destination Branding Destination branding is an integral part of developing and retaining a particular location’s popularity. Too often,...
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...FASHION RESEARCH, MARKETING AND TREND FORECASTING Academic Year 2012/2013 BSc 3 year Term I Lecturer: Rossella Beato Student: Ina Bozhinova Date: 19th December 2012 Table of Contents INTRODUCTION 4 ANALYSIS OF THE SOCIO-CULTURAL FRAMEWORK 5 PEST ANALYSIS 5 LEGAL AND POLITICAL ISSUES 5 ECONOMIC GROWTH 5 SOCIOCULTURAL TRENDS 6 TECHNOLOGICAL ADVANCEMENTS 6 ANALYSIS OF THE FASHION TRENDS 7 BRAND SCAN 8 TARGET MARKET ANALYSIS 8 DEMOGRAPHICS 8 PSYCHOGRAPHICS 8 CONSUMER CONSTELLATION 8 USAGE BEHAVIORS 8 GUESS? INC. SWOT ANALYSIS 9 COMPETITION 10 FORECASTING PLAN 10 BUSINESS GROWTH STRATEGIES 11 LEVERAGING THE BRAND 11 INTERNATIONAL EXPANSION 11 CONTINUE TO IMPROVE THE LICENSEE PORTFOLIO 11 E-COMMERCE………………… …………………………………………….12 CONCLUSION 12 BIBLIOGRAPHY 13 INTRODUCTION Jeans wear manufacturer GUESS? Inc. exploded onto the fashion scene in 1982. The brand had the simplest vision to turn the dated denim jean into a sexy, glamorous fashion statement. The company’s three zip “Marilyn” jeans were an instant hit and defined the brand’s attitude-strong, sensuous and chic. GUESS? Is a 600 million dollar multinational retailer that sells clothing, jeans, eyewear, and watches, designed to improve the ordinary lifestyle of people with flair of individualism. Maurice, Paul and Armand, the Marciano brothers, are the people that stand behind...
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...MARKETING TERM PAPER TOPIC: Marketing of Kerala BY SHARAN C.K USN : 12PB12MBA16 INTRODUCTION According to the American Marketing Association, "Marketing is the activity, set of institutions, and processes for creating, communicating, delivering, and exchanging offerings that have value for customers, clients, partners, and society at large. From a societal point of view, marketing is the link between a society’s material requirements and its economic patterns of response. Marketing satisfies these needs and wants through exchange processes and building long term relationships. It is the process of communicating the value of a product or service through positioning to customers. Marketing can be looked at as an organizational function and a set of processes for creating, delivering and communicating value to customers, and managing customer relationships in ways that also benefit the organisation and its shareholders. Marketing is the science of choosing target markets through market analysis and market segmentation, as well as understanding consumer buying behaviour and providing superior customer value A practice involving the application of branding and sales strategies to different regions, cities, states or countries. An example of place marketing in business consists of tourism departments and city councils with place marketing teams competing to attract tourists and new residents use branding techniques. Also called territorial marketing or place branding...
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...Project Report on “A Study on Social Media Marketing: Comparison between Two Medias” Submitted to: THE MAHARAJA SAYAJIRAO UNIVERSITY OF BARODA, VADODARA. For : Partial fulfillment for Award of Bachelor of Business Administration Degree (2009-2012) By: Harsh Mukeshkumar Patel T.Y.B.B.A. (Specialization in Marketing Management) – Roll No. : M-19 Under the Guidance Guide: DR. UMESH DANGARWALA M.Com.(Bus. Admn.), M.Com.(Acct.), FCA, AICWA, M.Phil., Ph.D. Associate Professor, Department of Commerce and Business Management, Faculty of Commerce The M. S. University of Baroda, Vadodara. APRIL, 2012. CERTIFICATE This is to certify that this project report entitled “A Study on Social Media Marketing: Comparison between Two Medias” which is to be submitted to the Registrar (Examinations), The M. S. University of Baroda through the Director, B.B.A. Program, Faculty of Commerce, The M. S. University of Baroda has been prepared by the undersigned Mr. Harsh Mukeshkumar Patel (Roll No. M-19) studying in T.Y.B.B.A. 6th Semester, specialization in Marketing Management for the Academic Year 2011-12 for evaluation in lieu of Annual Examination to be held in April, 2012. This is to certify that, Mr. Harsh Mukeshkumar Patel has carried out this work under our personal supervision and guidance. The work is an original one and has not been submitted earlier to this university or to any other Institute / Organization for fulfillment of the requirement of a course...
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...clothing targeted at older conservative women (Flynn, 1998). Today the company is trying to vigorously recapture their market by being more consumer-oriented and aware of their competition. They are taking measures to understand and listen to what their customers want and also to realize that the customer has evolved from when they started out in the industry. They have put in place several new strategies to appeal to the new consumer. From campaigns with noted celebrities, to striving to be the world’s first GREEN retailer, supplying fair trade products and being the conscious Corporate Social Responsible Company (Corporate.Marks and Spencer, 2011). M&S was recently ranked 5th in the top 10 UK retailers for 2010-2011 (Retail week, 2011) and acknowledged as a “top family brand” for 2011 by ad agency Isobel and Yougov (Baker & Costa, 2011). This is an exciting time for the M&S marketing team as they strive to appeal to new segments while ensuring that they do not alienate their current base of loyal customers. As this report will show, the current core M&S consumers are affluent, loyal to the M&S brand and drive a significant amount of profitability for the...
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...MANCHESTER UNITED FOOTBALL CLUB LINXIU ZOU/12422048 17/03/2014 TUTOR: DINUSHA BOTEJU STRM047 STRATEGIC MANAGEMENT 2598 words 1. Introduction Manchester United Football Club (MUFC) is one of the world’s biggest football clubs with more than £363 million in revenues. Facing an intensive competition, the survival and growth of MUFC relies on its core competences in order to obtain competitive advantages in such fierce markets. Being a leader in upscale industry, it stands in a unique position, but still faces competitions from its rivalries. The objective of this study performed a value chain, VIRO framework, Five force, and PEST analysis, identifying the internal and external environment of MUFC, the core competences of MUFC, the strategic directions and the implantation of the key strategies, the objective is to improve the efficiency of MUFC and achieve the football club industry sustainability in future. 2. Identifying and assessing MUFC’s competences Through examining MUFC’s competencies and performance in discrete activities, we can inferentially assess its overall competency. Parthasarthy (2007) stated that successful companies must possess both entrepreneurial and operational competencies. Thus, value chain is adopted to recognize and evaluate operational competencies (Porter, 2012). 2.1 Value chain Figure 1. Value chain of MUFC Value chain analysis facilitates MUFC to identify its competitive strengths and cost position. Figure 1 shows that MUFC’s...
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...Email: sethandbarry@honesttea.com Honest Tea Business Plan – December 1998 2 TABLE OF CONTENTS Mission Statement ..…………………………………………………………4 Executive Summary ..………………………………………………………..5 Company Story ..…………………………………………………………….6 Product.……………………………………………………………………….6 Product description ..…………………………………………..…….6-8 Flagship line of flavors and new flavors for 1999……………………..8-9 Production and manufacturing ..………………………………..……9-10 Market Opportunity …………………………………………………………10 Profile of target customer ……………………………………………12 Market research and market response ……………………………….13-16 Marketing and Distribution …………………………………………………..16 Distribution and promotion …………………………………………..16-17 Packaging and pricing …..……………………………………………17 International markets …………………..……………………….…….17-18 Product development and future products ……………………………18 Management …………………………………………………………………..18-20 Statement and aspirations for social responsibility ……………………………20-21 Financial Statements YTD and Projections ……………………………………21-23 The Investment Opportunity …………………………………………………..24 The Offering ……………………………………………………………24 Financing History ….…………………………………………………..24 Exit strategies ………………………………………………………….25 Investment risks ………………….…………………………………….25 Competitive Advantage ………………………….…………………….25-26 A Parting Thought .………………………………………………….……..…26 Honest Tea Business Plan – December 1998 3 Mission Statement Honest Tea seeks to provide bottled tea that tastes like teaa world of flavor freshly brewed and barely...
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...NEW PRODUCT DEVELOPMENT On Apple’s New Product Development Strategy Posted on January 1st, 2010 by daniel Michael Malone from ABC News wrote an interesting article on Apple’s iPhone and its overall new product development strategy, with interesting strategic lessons for new product development and business in general. Google Nexus Offers Little Competition to Apple iPhone Why Google’s New Smartphone Won’t Knock Apple Off Its iPhone Throne COLUMN By MICHAEL S. MALONE, ABC News Jan. 1, 2010 Whether the marketplace is ready or not, the Big Guns in consumer electronics are about to make their move at the dawn of the New Year. Next Tuesday, Google is expected to announce its long-rumored Nexus One smartphone. It is undoubtedly designed to run the Google Android operating system for cellphones, which the search giant introduced more than a year ago. Android was envisioned as a major breakthrough in cellphones because it offered an "open" operating system i.e., one that other companies could use and design applications for. At the time, this strategy was compared to that of Microsoft Windows, which broke the market hegemony of Apple’s decidedly non-open OS in the mid-1980s and within a decade, turned Apple into a niche company. This time around, the new Android phones were supposed to break the hegemony of the Apple iPhone. So far, it hasn’t quite worked out that way with Android. A number of cell phone companies notably Motorola, HTC, and Samsung have adopted Android...
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