Business Achila Amarasinghe Understanding marketing principles: Unilever PLC Case study 1 w/c 06-10-2015 09-01-2015 1/2014 Unit Outcomes Covered: 1. Understand the concept and process of marketing 2. Be able to use the concepts of segmentation, targeting and positioning 3. Understand the individual elements of the extended marketing mix 4. Be able to use the marketing mix in different contexts. GRADING OPPORTUNITIES AVAILABLE Outcomes/ Grade Descriptors P4.1 √ Outcomes/ Grade Descriptors P4.1 2 √
Words: 2308 - Pages: 10
THE AQUATRED LAUNCH INTRODUCTION TO THE CASE Goodyear is engaged in the development, manufacture, distribution and sale of tires and related products and services worldwide. The company primarily operates in the US. It is headquartered in Akron, Ohio and employs about 1,05,000 people. Although Goodyear was the leader in U.S. passenger tire market with 15% market share, the company still had to be very careful because the competition was intense. There were so many players in the industry
Words: 1727 - Pages: 7
Introduction: You have recently joined as a marketing manager for a company that has been making a branded product X* for the past 10-20 years. The product has now reached its maturity and its sales have stabilized. The management is worried that the sales will soon start declining for this product. Before that happens, it wants to be prepared with its next plan of action. The management is thinking about either reviving the product or introducing a new one in the same line. The management has asked
Words: 1094 - Pages: 5
Marketing strategy formulation is the process of defining an organization's marketing goals and objectives. This allows formulators to create a guide. They examine the market and in doing so, use that information to determine what marketing approaches will be best at reaching clients and enticing them to seek out the business' services. Products and services constitute the platform for attracting customers, basically all organizations are in the business of attracting customers. Hence, the need to compete
Words: 3394 - Pages: 14
Assignment 1 Product Assessment Sherwanda Fox Professor: Ingrid Romer Marketing 100 Personal Computers 01/29/2013 Washington, DC Choose a consumer product or service that is on the market today, but is declining in appeal to consumers. This product should be marked for “obsolesces”. 1. Discuss this product or service in terms of its current target market demographics using U.S. Census Data. Personal computers, also known as desktops have been the greatest technological
Words: 1586 - Pages: 7
high market share generating high profit and cash. This can be attributed to the brands long period presence in the market as the flagship brand for Coca-Cola which has earned a significant market share but whose sales growth are low due to its maturity in the market. Due to the low growth, investments should be low and keep profits high. Diet Coke can be classified as a star in the BCG matrix with high growth and high market share. This can be attributed to its introduction into the market when
Words: 1735 - Pages: 7
study the segmentation, targeting and positioning. * To know about the recent trends that TATA has been using to promote NANO in market. COMPANY PROFILE Tata Group is an Indian multinational conglomerate company headquartered in Mumbai, Maharashtra, India. It encompasses seven business sectors: communications and information technology, engineering, materials, services, energy, consumer products and chemicals. Tata Group was founded in 1868 by Jamsetji Tata as a trading company. It has operations
Words: 1778 - Pages: 8
1. Introduction 1.1 Purpose The purpose of this report is to apply our understanding of retail promotion and branding concepts to the brand, Terra Plana. The report also aims to include recommendations to further improve the brand. 1.2 Scope The report looks into 5 main analysis of Terra Plana – 1) Market Segmentation, 2) Target Market, 3) Brand Positioning, 4) Terra Plana brand meaning, vision and promise, and lastly 5) Recommendations of Promotion Mix. These investigations will aid
Words: 5249 - Pages: 21
Eco-Friendly Marketing 13 The main criteria for evaluating market segments2.3.1 20 2.3.2Market segmentation includes: 21 Adults 24 Young Adults 24 Kids and Teens 25 A Connected Customer Experience 26 Starbucks Rewards Card 27 The Finest Coffee Beans 27 Porter's Generic Strategies 27 Starbucks Pricing Strategy 28 Untapped Markets 36 Favorable Business Climate 37 Business Rejuvenation 37 Product Flexibility 37 Less Competition 37 Protection From
Words: 10987 - Pages: 44
can support your decision-making. Fundamental concepts of marketing (such as marketing disciplines, segmentation, targeting, and positioning, customer satisfaction, perceived value, etc.) will be presented to assist you in both identifying problems and developing strategies. In addition, tools that are useful in making a number of specific decisions (e.g., laddering to achieve a stronger positioning in consumers’ minds) will be presented. As we pursue these objectives, you will become acquainted
Words: 6149 - Pages: 25
