Executive Summary MUJI is owned by Royhin Keikaku Co., Ltd., whose headquarter is located in Japan. It was established in 1989 and listed in Tokyo Stock exchange on 14/12/1998 (http://ryohin-keikaku.jp/) as in Retail Trade industry. MUJI has over 7000 products ranging from clothes, household articles and food. MUJI aimed to develop and promote low price and high value products to customers. There are about 379 stores in Japan and 153 stores in Asia, Europe and North American. The company has
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Author Author Strategic Marketing Plan for IKEA in INDIA [Document subtitle] Strategic Marketing Plan for IKEA in INDIA [Document subtitle] Contents Introduction 2 About IKEA 2 1.0 Analysis of Indian Market 3 1.1 Micro Analysis 3 1.1.1 PESTEL Analysis 3 1.2 Micro Analysis 4 1.2.1 SWOT Analysis 4 1.3 Impact on Hofstede Culture Dimension 5 a) Collectivism vs Individualism 6 b) Femininity vs Masculinity 6 c) Avoidance of Uncertainties 6 d) Power Distance 6 1.4 Porter’s
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gestion des employés, entreprise qui se veut profitable à tous dans l’intérêt du bien être de tous et de la nature. b. Diagnostic externe Macro environnement PEST Politique L’éthique est primordiale mais cela ne doit pas être un outil marketing Politique commerciale basée sur les attentes des clients et la découverte de la nature Nature
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This chapter looks further into key customer-driven marketing strategy decisions—how to divide up markets into meaningful customer groups (segmentation), choose which customer groups to serve (targeting), create market offerings that best serve targeted customers (differentiation), and positioning the offerings in the minds of consumers (positioning). Chapter Objectives: 1. Define the four major steps in designing a customer-driven marketing strategy: market segmentation, market targeting, differentiation
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Introduction: The company Fantastic furniture is Australian operated company which is the branch for the Fantastic holding limited established with a motto to provide every Australian household and the offices with the furniture that suits different budget levels. Module 1 Q. Identify the mission and the major goals of the company. Fantastic furniture being the part of the fantastic holding limited (FHL) and serving people with the cheap deals and offering the low prices over the
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environment for the marketing strategy should be set in the atmosphere of the overall corporate strategy. Once the general direction of the organization has been determined with applicable contribution from all required stakeholders, the marketing strategy should be aligned to guarantee that the direction is established (Hooley et al, 2008). Companies that are market-driven display inventive skills in interpreting, collecting, and using information to guide their business and marketing strategies and
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Company Summary 7 2.1 Company Ownership 7 3. Product 8 4. Market Analysis 9 4.1 SWOT Analysis 9 4.1.1 Strengths 9 4.1.2 Weakness 9 4.1.3 Opportunities 9 4.1.4 Threats 9 4.2 Marketing Segmentation 10 4.2.1 Demographic 10 4.2.2 Marketing Differentiation and Positioning 10 4.3 Marketing Mix 10 4.3.1 Product 10 4.3.2 Price 10 4.3.3 Place 10 4.3.4 Promotion 11 4.4 Competitive Edge 12 5. Strategy and Implementation 12 5.1 Operation Strategy 12 5.2 Product Life
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Industry, Competition and Strategy Industry • Number of Sellers • Degree of differentiation Pure Monopoly • Only one Provider Unregulated monopoly Regulated monopoly Oligopoly • Small no. of Firms Providing Service • Pure Oligopoly ( Less/ No Differentiated)- Steel • Differentiated Oligopoly ( More Differentiated)Camera, Overhead projectors Monopolistic Competition • Many Competitors • Ability of differentiate offering is high - Hotels Pure Competition • Many Competitors
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store Bunnings in terms of their marketing strategies. The research methodology is based on qualitative research based on secondary sources of information (PESTEL). This helps analyse the marketing strategy and tricks in the Bunnings .The research is based on credible and academic sources which help understand how marketing strategies and tricks benefit Bunnings to obtain economies of scale, Identify market trend and market segmentation. A comparison of marketing plans and identifies the strength
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Selecting a Pricing Method 3 major considerations in price setting : costs of production, distribution, communication set a floor to the price competitors’ prices and the price of substitutes provide an orienting point customers’ assessment of unique features establishes the price ceiling (plafond) Companies select a pricing method that includes 1 or more of these three considerations. We will examine 6 price-setting methods: Mark-up pricing, target-return pricing
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