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The Clipboard Tablet Company's Product Lines

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Introduction. The Clipboard Tablet Company produces high quality tablets and operates within the technology industry. This industry is consistently changing given the market demands of its rapidly evolving technologies and customers’ demands on new technologies. This is why the Clipboard Tablet Company has quickly adapted to the needs and demands of it’s consumers by providing high quality tablet products year after year. Given the market demands and analysis I will provide an analysis that encompasses the market demands by comparing the former Vice President (VP) of marketing, Mr. Joe Thomas’ decisions and my proposed alternative strategy that uses Cost Volume Profit (CVP) analysis. I will compare and analyze the Clipboard Tablet …show more content…

In the end of 2011, the cumulative profit score for the three tablet models was 81,571,138. The X5 Tablet. The X5 tablet has been on the market for 3 years. It has been noted that customers are not worried about performance and this model is currently priced at $285.00. Although this model has been on the market for 3 years, it is important to understand that this model is in the growth stage of its product life cycle. Has been on the market for 3 years and although its expensive compared to similar products in its category, it’s important to understand that this product is in a growth stage of its product life cycle. This requires additional R&D funding to further develop this expenditure. Quality of the X5 Tablet must be maintained and further additions to the features and support services need to be added to remain competitive. Once this product reaches the maturity stage in its life cycle it will be advisable to consider price reductions to remain both competitive and to maintain market share. This is why the R&D costs help to identify the current product lifecycle of the X5 and helps to better understand the distribution strategy of its promotion expenditures that will be incurred to continue growth and revenues. The X6 Tablet. The X6 tablet has only been on the market for 2 years. It has also been noted by our customers that they are concerned

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