Critical Evaluation of Marketing Strategy
Contents
1. 2. 3. Executive Summary .............................................................................................. 1 Introduction to ‘My-pple’ ..................................................................................... 2 Current Market Situation ...................................................................................... 3 3.1. Product Overview .......................................................................................... 3 3.2. Market Segments ........................................................................................... 3 3.3. Macro environment ........................................................................................
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15/17 inch widescreen; Intel dual core 2.8 GHz processor; all other features in my-book. Price $1299
my-book pro
my-book air
Designed for advance consumers and professionals to meet the demand for performance, networking and expansion. Designed for business and professionals who are always on the run. Intended for younger music loving generation.
$1599
Ultra-slim; backlit widescreen display, full-size backlit keyboard. 80/140GB capacity to hold up to 20,000/40,000 songs respectively. 40hrs of battery life. Larger 2-inch display; new user interface; 24hrs battery life and 4GB/8GB size; variety of colors. Mobile phone; my-pod touch; internet communication device (WIFI); email; web browsing; searching; maps; Bluetooth; build in camera; and loads of other software features.
$1999
Portable music players my-pod
$329
my-pod nano
Smaller version of my-pod, easy to carry around.
$199
Mobile phones my-phones
Intended to consumers who want all-in-one combination product.
$879
Table 1
3.2.
Market Segments
‘My-pple’ consists of the following market segments.
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Critical Evaluation of Marketing Strategy
Demographic & Behavioral ‘My-pple’ products are mainly popular amongst the younger generation. Introducing features like high storage capacity, WiFi access, and video gaming in popular products has
This business report aims to show how important a marketing plan is, demonstrate the key elements of a successful marketing plan and how a marketing plan helps a company to sell its products and service. This Marketing plan will use the company Aldi as a case study, (the supermarket chain) to demonstrate how a marketing plan works. Aldi is a major supermarket chain that provides highly competitive retail food products to households. As a retail company they face all the marketing problems that other retail company faces (product range, price and marketing segmentation).
f. Legal- legal strategies are two sided as they put into consideration of the governmental legal requirements and, on the other hand, defines the organization’s policy administration. For a triumphant marketing plan, understanding the government legal approaches allows for efficient operation and inter-relationship with other organization. Similarly, internal legal policies allow the company to uphold its operation in a set manner.
Strategic marketing management is the vital principle of successful marketing in this global environment and market. Strategic marketing is the marketing strategy which combines all the marketing and advertising goals into the comprehensive marketing plan. It is stated that a good marketing strategy should be come from the research on the national and international market and on the product mix. This strategy can be made for maximizing the organization profit and to sustain the business in the competitive business environment. The strategic marketing management is the analytical way of learning that how to different type of strategies related to the customers and solutions of packages to fulfill the needs of customers. It seems very easier to reach the target customer of the company but most of the people related with marketing management field have less ability to create such compatible products which give meaningful results to the targeted customer in near future also.
with lots of vocabulary. This could be done through putting up displays on the wall which contain
Convenience Products - products a consumer needs but isn 't willing to spend much time or effort shopping for.
Tablets are effective tools used to improve users productivity and online experience whether it’s used for business, or life in general. Tablets are smaller than a laptop and bigger than a Smartphone, so it is perfect to take on the go. Users can browse the internet, create presentations, stay connected with their boss, download books, games and videos, watch movies, share photos and much more with their tablet. Just recently tablets have become the “new thing.” There is over 47.5 Million tablets sold to users in the United States today. Two of the most popular tablets on the market are the Apple iPad and the Amazon Kindle Fire. I evaluated them on battery life and capacity, screen size, and price. Though each of them had good qualities, I preferred the iPad more than the Kindle.
You will provide your completed assessment for all of Part One in one document with cover page (included in this assessment tool on page 2). You are required to professionally format your document including spell-check and indicating each Task answer [e.g. Task 1 (a.) then the answer, Task 1 (b.) then the answer etc.] according to this Assessment Tool Task requirement. You may lose marks if you have not spell-checked your document (as this is a professional formatting requirement, a business skill). Whenever conducting a Presentation, you must always provide copies of MS PowerPoint slides as evidence for your Trainer/Assessor. Be sure to properly reference your sources of information using the Harvard referencing system. For more information go to:1. Student Handbook - latest version 2. AIPE Connect online resources; or 3. Ask your Trainer/Assessor to provide you with this information In order to determine if you are addressing this assessment adequately in terms of competency/comprehension (prior to due date) a draft copy of your assessment should be discussed during class time in consultation with your Trainer/Assessor. For this feedback/ support from your Trainer/Assessor, you will need to bring to class your “draft copy” with any evidence of the research you have conducted to produce the assessment. AIPE accommodates students with reasonable adjustments to training and assessment. This could include variations in course delivery or assessment methodology and it
1. What is a blue ocean strategy? What is a red ocean strategy? Explain these from the perspective of company, competition, costs, and markets.
Imagine being able to tap into a preexisting market consisting of over 100 million qualified buyer. As you begin to initiate your plan it will start off slowly, but as you continue doing the same routine it will keep growing, even without added labor. By integrating all of your channels together you can have a seamless hub of knowledge that people can learn from, inform others about, and of course buy your product. Most importantly this entire plan can be started for under $100, and will be minimal after that.
Our California Institute of Advanced Management consulting team (BECK Consulting) looked into many different areas to gain helpful insight and information for Song & Meng, P.C. Our BECK Consulting group focused on four key areas: online marketing strategies, offline marketing strategies (specifically
To be able to solve simple problems involving money in real-life context and explain how the problem was
We are please to welcome you as a new customer of Keller Advertising Agency. We feel honor and special that you have chosen us to introduce the new eReader into the marketplace. As the Vice President, I will make sure that we have a very clear vision for your company and will work to ensure that all visions, missions, objective value, and strategies are in place to fulfill your business expectation. Our expectation is to change consumers reading habit base on technology that will help the eReader translate any type of books with no different as a hard cover book. We have a great product as compared to the competitors, its strengths and features represent keys elements for success. We will ensure that its
Currently the inflation rate is stable at three percent or less per year, and the consumer price index is steady with approximately 1.5-2 percent change per year. A stable economy without significant inflation will likely maintain the strong spending power of the consumer. The consumer’s dollar will be stretched further allowing them to purchase more goods. Low inflation rates will also persuade the Federal Reserve Board to keep rates low allowing free economic growth as rates increase.
Our California Institute of Advanced Management consulting team (BECK Consulting) looked into many different areas to gain helpful insight and information for Song & Meng, PC Our BECK Consulting group focused on four key areas: online marketing strategies, offline marketing strategies (specifically print ads), market expansion opportunities in South Korea, and finally, marketing strategy evaluation. Each section has detailed information on how we believe these areas can assist Song & Meng, PC BECK Consulting drew from a variety of resources for this project, including peer-reviewed journals, trade publications, other online resources and the professional experience of each team member.
The most important part of the report was the control process, here I have suggest some control techniques to make the business more effective and developed contingency plans to come out successfully if any unpredicted or incident happen in the internal or external environment.