...16, 2014 1, Category- Demand Segmentation, Market Research & Focus Groups, 4P’s Use GE marketing matrix 2. Competition- does not like swats likes individual analysis of competition and what can they kill you with. 3. Company & Competition Compare Together 4. Consumer 5. Customer -Market segmentation - Target markets - Brand loyalty - Customer relationship marketing - Need, want, perceptions, attitudes, behaviors, buying cycle, motivations, CRM Customer & Consumer / Influencers Analysis 6. Centers of Influence 7. Collaborators – Analysis of Collaborators. Do they make or break your product? 8. Context * PESTLE (Perceived Lack, Sociological shifts, technological trends overtime, Legal Regulatory, Environmental) Individual Marketing Plan Chapter 2 Page 28-29 1. Executive Summary 2. Situational Analysis 4 P’s Product (what is the solution not the product) Branding Promotion Provides information and incentives, Price is what they see and value is what they see. & Placement really is access to product or service. Relationships with customer’s reason why you have the business. Acquiring and retaining customers. 3. Marketing Goals, Objectives and Summary 4. Strategic Alternatives 5. Tactical Marketing Plan 6. Exhibits (Summarize exhibits in body) Oct 1 minute per slide Write out what your saying in the body. Uses a scoring system 1. Comprehensiveness...
Words: 347 - Pages: 2
...firm was preparing to initiate talks with the leadership of the employees' union. The biggest issue on the table was a wage increase. The union was asking for a 4 percent increase, while management wanted to raise salaries by only 1 percent. The executive considered the situation. During past negotiations, weeks were lost as each side jockeyed for position, feigned willingness to walk away, and eventually compromised on an unsurprising outcome. In this case, a deal at 2.5 percent, the midpoint of the two parties' opening positions seemed likely to be agreeable to both sides. This time, things would be different, he resolved. He would save everyone hassle and delay by making concessions early. Against the advice of the mediator, he opened discussions by announcing that the eventual outcome was obvious and that he was prepared to make a final offer: 3 percent, the most he could have offered. The union's leadership was pleased by this offer—yet they did not accept it. If the firm could offer so much at the outset, they reasoned, perhaps they had set their sights too low. As the union's aspirations rose to unrealistic levels, a promising negotiation unraveled and culminated in a strike. What’s the difference between a person negotiation style and stragic? The typical negotiation styles element Competing (or Aggressive), Collaborating (or Cooperative), Avoiding, Compromise, and Accommodating (Conceding). Everybody’s styles are different. They could have one to none of the element...
Words: 817 - Pages: 4
...For an orgnanisation to succeed, it needs to allocate its resources and managerial attention in an efficient way. resource allocation is a process by which a company decides where scarce resorces should be be used in production of goods and services. It is ia complex process and iy occurs at every level nad every day in all companies. According to Barney & Hesterley 2010, the organizational culture and ritual in a firm that would direct all the employees in the organization to define their jobs in competitive and fiscal terms leads to gain sustainable competitive advantage A resources in andn organisation includes such things as labour, machinery human resource technology capital and land Resources are always scarce and therefore management need to use the resources of a company in an effective way to get the maximum value. For example , a saleswoman must decide which customer to call on today, and which customer she will not visit. When meeting with the customer, she must decide which products to emphasize in the conversation, and which to ignore. Every day that an engineer who is a member of multiple product development teams comes to work, he or she needs to decide which of those projects to work on that day, and which to put on the back burner(Clayton M. Christensen and Tara Donovan ) Resource allocation there for may mean creating customer needs and wants in a most profitable way. it is a central management activity and it allows for strategy execution. Understanding...
Words: 1496 - Pages: 6
...other sources it has been properly acknowledged in accordance with the University's Regulations regarding Cheating and Plagiarism. 000899550 Tutor's comments Grade Awarded___________ Moderation required: yes/no For Office Use Only__________ Tutor______________________ Final Grade_________ Date _______________ http://portal.gre.ac.uk/cp/render.UserLayoutRootNode.uP?uP_tparam=utf&utf=/cp/redirect/banner?page=hwzkhsvw.P_cwHomePage 1/2 2015/11/24 University of Greenwich Portal http://portal.gre.ac.uk/cp/render.UserLayoutRootNode.uP?uP_tparam=utf&utf=/cp/redirect/banner?page=hwzkhsvw.P_cwHomePage 2/2 Introduction We began to manage the Warshop company form yesar 11, this company were sell shoe. As we know, shoe were nessery goods for oue life. So we had two different stragic for sell shoe. The fist we will try to reduce our costs, it can reduce our prices. Ultra-low prices to capture market share. We beleved that market share is very important for our compang, because we take more markrt share and others company must be take small. This mean they can sell goods were smaller. With the advantage development, we...
Words: 4361 - Pages: 18