SlideShare a Scribd company logo
1 of 5
Body of knowledge matrix important guidelines:
· Each knowledge area is associated with logistics and supply
chain management. For example, sustainability can have
different meanings in different areas of research, whereas
logistics network or supply chain refers to environmental
impact, waste costs, etc. (for an artifact on inventory
management, the student can insert X in the operational and/ or
tactical columns and should submit a document/ artifact to
support that.
· Minimum of 10 artifacts and 15 summaries (each summary
associated with a unique cell in the body of knowledge matrix)
· An artifact can be assigned to more one knowledge as long as
it can be justify: a separate summary for each knowledge area
association will be required. For example, an artifact on
collaborative supply chains that also includes discussion on
inventory management can be assigned to both collaborative
supply chain management and inventory management.
· An artifact should be directly related to the knowledge area.
For example, an artifact on collaborative supply chains, which
may have a mention of inventory management but doesn’t
include detailed discussion on inventory management, is not
applicable for inventory management.
Each artifact summary utilizes the following grading criteria:
· Quality and depth of content
· Organization of the report
· Overall format, i.e., typed, use of page numbers, title page,
table of contents, appropriate labels on figures and tables, etc.
· Correct grammar and evidence of proofing, i.e., no spelling
errors.
· Variety and documentation of references used. Format for
citations and references must follow APA guidelines.
INTRODUCTION TO MARKETING (MKT333)
Converse Case Study
Converse dominated the basketball court for more than 40 years.
The first U.S. Olympic basketball team wore them, Dr. J made
them famous in the NBA. Punk rocker Joey Ramone made them
standard issue for cult musicians. Today, a broad range of
consumers, from the nerdiest of high school students to A-list
celebrities, claim them as their own. What are they? Converse
All Starts – more specifically, the famous Chuck Taylor All
Stars known throughout the world as Cons, Connies, Convics,
Verses, Chuckers, Chuckies, Chucks, to name a few.
The “cool quotient” of the iconic Converse brand is
unquestionable. How has the brand maintained its status decade
after decade? The answer is: by doing nothing. This may seem
an oversimplification but the folks who run Converse brand
understand that in order to provide a meaningful customer
experience, you have to just stand back and leave customers
alone!
Converse was founded in 1908 and introduced the canvas high-
top sneaker in 1917. From the 1930s through the 1960s the
Converse All Stars were the shoes to wear, even though they
only came in the basic black and white until 1969. At that time,
about 80% of all basketball players wore Converse.
The sneaker market began to explode in the 1970s and 1980s.
Athletic shoes became more specialized, more high-tech, and
more expensive. As Nike, Adidas, and Reebok took over the
market Converse experienced a financial roller coaster ride and
declared bankruptcy in 2001 as it market share dropped to a
dismal 2% of all athletic shoes.
However, something interesting happened in the marketplace.
Emerging artists, designers, and musicians began wearing
Chucks because of their affordability, simplicity, and classic
look. Young people caught on an adopted them as an
expression of individuality. In fact, Converse’s shrinking
market share and miniscule ad budget made its shoes a favorite
of the anti-establishment, anti-corporate crowd who were tired
of trendy fashions. Perhaps the most intriguing aspect of
consumers adopting Converse as a counter-culture icon is that
Converse never promoted the brand as anything other than a
basketball shoe.
In 2003, Nike came to the rescue by acquiring Converse and
making it part of the Nike corporate family. Although Nike has
infused cash and provided opportunity for product development,
it has allowed Converse management to implement its own
strategy. Although Converse sales have increased, the market
share has shown very little growth.
In certain respects, the Converse brand seems to be more
popular today than ever. In fact, in spite of low market share,
Converse is the most popular sneaker brand on Facebook. With
more than 19 million fans – almost four times as many as
market leader Nike – Converse brings in an average of 20,000
likes each day. All this popularity comes from a brand that
grabs less than 3 percent of the total athletic shoe market.
When Geoff Cottrill, Converse’s chief marketing officer, was
asked what Converse should do with this popularity on social
meda, he replied, “nothing.” By that Conttrill meant that the
brand should do nothing to mess up their valuable customer-
brand relationship. Today, Converse spends 90% of its
marketing budget on emerging digital media rather than
traditional media. As the various social media outlets have
emerged, Converse has developed a “good party guest”
approach to managing customer relationship. They listen more
than they talk. They follow the philosophy of “letting go.”
Converse sees its role as one of making great products that its
customers want to wear. It participates in consumer discussions
rather than dictates.
Having millions of “advocates” can be a powerful marketing
force. Converse is very strategic about its “stand back”
approach. The brand sponsors planned communications such as
posts about product, content, and questions of the day.
In addition, Converse has joined forces with the (RED) Global
Fund which raises money to fight AIDS, tuberculosis, and
malaria. In the past five years, Converse has sent $160 million
to the (RED) fund.
In another strategic move, Converse built a music studio in New
York called Converse Rubber Tracks. Although Converse is not
really trying to get into the must business, this effort keeps a
strong brand association with music. Converse offers emerging
artists free recording time in exchange for doing free future
promotions for the brand.
Converse now walks a fine line: How many limited editions
and upscale designs can the brand produce without losing its
image as a non-marketing marketer? How popular can a brand
become without losing the core customers who love it because it
isn’t popular? For Converse, where authenticity is the most
important attribute, the customer experience needs to be driven
by the customer.
Questions:
1. How would you define the needs, wants, and demands of the
Converse customer?
2. Please describe Converse’s “stand-back” approach. Is it
appropriate? Effective?
3. What is the benefit of Converse’s participation in the (RED)
Global Fund? Does it “fit” with the target market?
4. What role has music played in the current image of Converse
products?
5. Do you think Converse can maintain its authentic brand
image and grow the brand? Why or why not?
Body of knowledge matrix important guidelines· Each knowledge a.docx

More Related Content

Similar to Body of knowledge matrix important guidelines· Each knowledge a.docx

Proposal submission h&m v2
Proposal submission h&m v2Proposal submission h&m v2
Proposal submission h&m v2APSOTW
 
Apsotw tomas raulickis
Apsotw tomas raulickisApsotw tomas raulickis
Apsotw tomas raulickisAPSOTW
 
Vans Marketing Research Final Paper
Vans Marketing Research Final PaperVans Marketing Research Final Paper
Vans Marketing Research Final PaperAustin Jacobs
 
Consumer Behavior Final Project- Alexander McQueen & Doc Martens Collaboration
Consumer Behavior Final Project- Alexander McQueen & Doc Martens CollaborationConsumer Behavior Final Project- Alexander McQueen & Doc Martens Collaboration
Consumer Behavior Final Project- Alexander McQueen & Doc Martens CollaborationAdrianQuinonesRivas
 
H&mweinfeld
H&mweinfeldH&mweinfeld
H&mweinfeldAPSOTW
 
Essay Tungkol Sa Wika Ay Pagkakaisa. Online assignment writing service.
Essay Tungkol Sa Wika Ay Pagkakaisa. Online assignment writing service.Essay Tungkol Sa Wika Ay Pagkakaisa. Online assignment writing service.
Essay Tungkol Sa Wika Ay Pagkakaisa. Online assignment writing service.Bridget Dodson
 
Internet marketing startegy for Nike
Internet marketing startegy for NikeInternet marketing startegy for Nike
Internet marketing startegy for NikeAndrew Olsen
 
Reebok Basketball Shoe Line Recommendation-1
Reebok Basketball Shoe Line Recommendation-1Reebok Basketball Shoe Line Recommendation-1
Reebok Basketball Shoe Line Recommendation-1Mark Fehrenbacher
 
Onitsuka Tiger strategy for Skillshare
Onitsuka Tiger strategy for SkillshareOnitsuka Tiger strategy for Skillshare
Onitsuka Tiger strategy for SkillshareJoan Collado
 
English Essay For Ias. Online assignment writing service.
English Essay For Ias. Online assignment writing service.English Essay For Ias. Online assignment writing service.
English Essay For Ias. Online assignment writing service.Jade Morris
 
Running head INFLUENCER MARKETING 2INFLUENCER MARKETING 2.docx
Running head INFLUENCER MARKETING 2INFLUENCER MARKETING 2.docxRunning head INFLUENCER MARKETING 2INFLUENCER MARKETING 2.docx
Running head INFLUENCER MARKETING 2INFLUENCER MARKETING 2.docxjeanettehully
 
Marketing strategy- Nike
Marketing strategy- NikeMarketing strategy- Nike
Marketing strategy- NikeYaman Mittal
 
Sneakers Industry And The Great Investment.docx
Sneakers Industry And The Great Investment.docxSneakers Industry And The Great Investment.docx
Sneakers Industry And The Great Investment.docxReverlavie
 
The Ultimate Streetwear Career Guide: A step-by-step guide to turn your passi...
The Ultimate Streetwear Career Guide: A step-by-step guide to turn your passi...The Ultimate Streetwear Career Guide: A step-by-step guide to turn your passi...
The Ultimate Streetwear Career Guide: A step-by-step guide to turn your passi...Rob Kingyens
 

Similar to Body of knowledge matrix important guidelines· Each knowledge a.docx (20)

Dockers mba case study
Dockers mba case studyDockers mba case study
Dockers mba case study
 
The Future of Brands
The Future of BrandsThe Future of Brands
The Future of Brands
 
Proposal submission h&m v2
Proposal submission h&m v2Proposal submission h&m v2
Proposal submission h&m v2
 
Planning product strategy
Planning product strategyPlanning product strategy
Planning product strategy
 
Converse
ConverseConverse
Converse
 
Apsotw tomas raulickis
Apsotw tomas raulickisApsotw tomas raulickis
Apsotw tomas raulickis
 
Vans Marketing Research Final Paper
Vans Marketing Research Final PaperVans Marketing Research Final Paper
Vans Marketing Research Final Paper
 
Consumer Behavior Final Project- Alexander McQueen & Doc Martens Collaboration
Consumer Behavior Final Project- Alexander McQueen & Doc Martens CollaborationConsumer Behavior Final Project- Alexander McQueen & Doc Martens Collaboration
Consumer Behavior Final Project- Alexander McQueen & Doc Martens Collaboration
 
Final Report
Final ReportFinal Report
Final Report
 
H&mweinfeld
H&mweinfeldH&mweinfeld
H&mweinfeld
 
Essay Tungkol Sa Wika Ay Pagkakaisa. Online assignment writing service.
Essay Tungkol Sa Wika Ay Pagkakaisa. Online assignment writing service.Essay Tungkol Sa Wika Ay Pagkakaisa. Online assignment writing service.
Essay Tungkol Sa Wika Ay Pagkakaisa. Online assignment writing service.
 
Internet marketing startegy for Nike
Internet marketing startegy for NikeInternet marketing startegy for Nike
Internet marketing startegy for Nike
 
Reebok Basketball Shoe Line Recommendation-1
Reebok Basketball Shoe Line Recommendation-1Reebok Basketball Shoe Line Recommendation-1
Reebok Basketball Shoe Line Recommendation-1
 
Onitsuka Tiger strategy for Skillshare
Onitsuka Tiger strategy for SkillshareOnitsuka Tiger strategy for Skillshare
Onitsuka Tiger strategy for Skillshare
 
English Essay For Ias. Online assignment writing service.
English Essay For Ias. Online assignment writing service.English Essay For Ias. Online assignment writing service.
English Essay For Ias. Online assignment writing service.
 
Running head INFLUENCER MARKETING 2INFLUENCER MARKETING 2.docx
Running head INFLUENCER MARKETING 2INFLUENCER MARKETING 2.docxRunning head INFLUENCER MARKETING 2INFLUENCER MARKETING 2.docx
Running head INFLUENCER MARKETING 2INFLUENCER MARKETING 2.docx
 
Marketing strategy- Nike
Marketing strategy- NikeMarketing strategy- Nike
Marketing strategy- Nike
 
Converses
ConversesConverses
Converses
 
Sneakers Industry And The Great Investment.docx
Sneakers Industry And The Great Investment.docxSneakers Industry And The Great Investment.docx
Sneakers Industry And The Great Investment.docx
 
The Ultimate Streetwear Career Guide: A step-by-step guide to turn your passi...
The Ultimate Streetwear Career Guide: A step-by-step guide to turn your passi...The Ultimate Streetwear Career Guide: A step-by-step guide to turn your passi...
The Ultimate Streetwear Career Guide: A step-by-step guide to turn your passi...
 

More from AASTHA76

(APA 6th Edition Formatting and St.docx
(APA 6th Edition Formatting and St.docx(APA 6th Edition Formatting and St.docx
(APA 6th Edition Formatting and St.docxAASTHA76
 
(a) Thrasymachus’ (the sophist’s) definition of Justice or Right o.docx
(a) Thrasymachus’ (the sophist’s) definition of Justice or Right o.docx(a) Thrasymachus’ (the sophist’s) definition of Justice or Right o.docx
(a) Thrasymachus’ (the sophist’s) definition of Justice or Right o.docxAASTHA76
 
(Glossary of Telemedicine and eHealth)· Teleconsultation Cons.docx
(Glossary of Telemedicine and eHealth)· Teleconsultation Cons.docx(Glossary of Telemedicine and eHealth)· Teleconsultation Cons.docx
(Glossary of Telemedicine and eHealth)· Teleconsultation Cons.docxAASTHA76
 
(Assmt 1; Week 3 paper) Using ecree Doing the paper and s.docx
(Assmt 1; Week 3 paper)  Using ecree        Doing the paper and s.docx(Assmt 1; Week 3 paper)  Using ecree        Doing the paper and s.docx
(Assmt 1; Week 3 paper) Using ecree Doing the paper and s.docxAASTHA76
 
(Image retrieved at httpswww.google.comsearchhl=en&biw=122.docx
(Image retrieved at  httpswww.google.comsearchhl=en&biw=122.docx(Image retrieved at  httpswww.google.comsearchhl=en&biw=122.docx
(Image retrieved at httpswww.google.comsearchhl=en&biw=122.docxAASTHA76
 
(Dis) Placing Culture and Cultural Space Chapter 4.docx
(Dis) Placing Culture and Cultural Space Chapter 4.docx(Dis) Placing Culture and Cultural Space Chapter 4.docx
(Dis) Placing Culture and Cultural Space Chapter 4.docxAASTHA76
 
(1) Define the time value of money.  Do you believe that the ave.docx
(1) Define the time value of money.  Do you believe that the ave.docx(1) Define the time value of money.  Do you believe that the ave.docx
(1) Define the time value of money.  Do you believe that the ave.docxAASTHA76
 
(chapter taken from Learning Power)From Social Class and t.docx
(chapter taken from Learning Power)From Social Class and t.docx(chapter taken from Learning Power)From Social Class and t.docx
(chapter taken from Learning Power)From Social Class and t.docxAASTHA76
 
(Accessible at httpswww.hatchforgood.orgexplore102nonpro.docx
(Accessible at httpswww.hatchforgood.orgexplore102nonpro.docx(Accessible at httpswww.hatchforgood.orgexplore102nonpro.docx
(Accessible at httpswww.hatchforgood.orgexplore102nonpro.docxAASTHA76
 
(a) The current ratio of a company is 61 and its acid-test ratio .docx
(a) The current ratio of a company is 61 and its acid-test ratio .docx(a) The current ratio of a company is 61 and its acid-test ratio .docx
(a) The current ratio of a company is 61 and its acid-test ratio .docxAASTHA76
 
(1) How does quantum cryptography eliminate the problem of eaves.docx
(1) How does quantum cryptography eliminate the problem of eaves.docx(1) How does quantum cryptography eliminate the problem of eaves.docx
(1) How does quantum cryptography eliminate the problem of eaves.docxAASTHA76
 
#transformation10EventTrendsfor 201910 Event.docx
#transformation10EventTrendsfor 201910 Event.docx#transformation10EventTrendsfor 201910 Event.docx
#transformation10EventTrendsfor 201910 Event.docxAASTHA76
 
$10 now and $10 when complete Use resources from the required .docx
$10 now and $10 when complete Use resources from the required .docx$10 now and $10 when complete Use resources from the required .docx
$10 now and $10 when complete Use resources from the required .docxAASTHA76
 
#MicroXplorer Configuration settings - do not modifyFile.Versio.docx
#MicroXplorer Configuration settings - do not modifyFile.Versio.docx#MicroXplorer Configuration settings - do not modifyFile.Versio.docx
#MicroXplorer Configuration settings - do not modifyFile.Versio.docxAASTHA76
 
#include string.h#include stdlib.h#include systypes.h.docx
#include string.h#include stdlib.h#include systypes.h.docx#include string.h#include stdlib.h#include systypes.h.docx
#include string.h#include stdlib.h#include systypes.h.docxAASTHA76
 
$ stated in thousands)Net Assets, Controlling Interest.docx
$ stated in thousands)Net Assets, Controlling Interest.docx$ stated in thousands)Net Assets, Controlling Interest.docx
$ stated in thousands)Net Assets, Controlling Interest.docxAASTHA76
 
#include stdio.h#include stdlib.h#include pthread.h#in.docx
#include stdio.h#include stdlib.h#include pthread.h#in.docx#include stdio.h#include stdlib.h#include pthread.h#in.docx
#include stdio.h#include stdlib.h#include pthread.h#in.docxAASTHA76
 
#include customer.h#include heap.h#include iostream.docx
#include customer.h#include heap.h#include iostream.docx#include customer.h#include heap.h#include iostream.docx
#include customer.h#include heap.h#include iostream.docxAASTHA76
 
#Assessment BriefDiploma of Business Eco.docx
#Assessment BriefDiploma of Business Eco.docx#Assessment BriefDiploma of Business Eco.docx
#Assessment BriefDiploma of Business Eco.docxAASTHA76
 
#include stdio.h#include stdint.h#include stdbool.h.docx
#include stdio.h#include stdint.h#include stdbool.h.docx#include stdio.h#include stdint.h#include stdbool.h.docx
#include stdio.h#include stdint.h#include stdbool.h.docxAASTHA76
 

More from AASTHA76 (20)

(APA 6th Edition Formatting and St.docx
(APA 6th Edition Formatting and St.docx(APA 6th Edition Formatting and St.docx
(APA 6th Edition Formatting and St.docx
 
(a) Thrasymachus’ (the sophist’s) definition of Justice or Right o.docx
(a) Thrasymachus’ (the sophist’s) definition of Justice or Right o.docx(a) Thrasymachus’ (the sophist’s) definition of Justice or Right o.docx
(a) Thrasymachus’ (the sophist’s) definition of Justice or Right o.docx
 
(Glossary of Telemedicine and eHealth)· Teleconsultation Cons.docx
(Glossary of Telemedicine and eHealth)· Teleconsultation Cons.docx(Glossary of Telemedicine and eHealth)· Teleconsultation Cons.docx
(Glossary of Telemedicine and eHealth)· Teleconsultation Cons.docx
 
(Assmt 1; Week 3 paper) Using ecree Doing the paper and s.docx
(Assmt 1; Week 3 paper)  Using ecree        Doing the paper and s.docx(Assmt 1; Week 3 paper)  Using ecree        Doing the paper and s.docx
(Assmt 1; Week 3 paper) Using ecree Doing the paper and s.docx
 
(Image retrieved at httpswww.google.comsearchhl=en&biw=122.docx
(Image retrieved at  httpswww.google.comsearchhl=en&biw=122.docx(Image retrieved at  httpswww.google.comsearchhl=en&biw=122.docx
(Image retrieved at httpswww.google.comsearchhl=en&biw=122.docx
 
(Dis) Placing Culture and Cultural Space Chapter 4.docx
(Dis) Placing Culture and Cultural Space Chapter 4.docx(Dis) Placing Culture and Cultural Space Chapter 4.docx
(Dis) Placing Culture and Cultural Space Chapter 4.docx
 
(1) Define the time value of money.  Do you believe that the ave.docx
(1) Define the time value of money.  Do you believe that the ave.docx(1) Define the time value of money.  Do you believe that the ave.docx
(1) Define the time value of money.  Do you believe that the ave.docx
 
(chapter taken from Learning Power)From Social Class and t.docx
(chapter taken from Learning Power)From Social Class and t.docx(chapter taken from Learning Power)From Social Class and t.docx
(chapter taken from Learning Power)From Social Class and t.docx
 
(Accessible at httpswww.hatchforgood.orgexplore102nonpro.docx
(Accessible at httpswww.hatchforgood.orgexplore102nonpro.docx(Accessible at httpswww.hatchforgood.orgexplore102nonpro.docx
(Accessible at httpswww.hatchforgood.orgexplore102nonpro.docx
 
(a) The current ratio of a company is 61 and its acid-test ratio .docx
(a) The current ratio of a company is 61 and its acid-test ratio .docx(a) The current ratio of a company is 61 and its acid-test ratio .docx
(a) The current ratio of a company is 61 and its acid-test ratio .docx
 
(1) How does quantum cryptography eliminate the problem of eaves.docx
(1) How does quantum cryptography eliminate the problem of eaves.docx(1) How does quantum cryptography eliminate the problem of eaves.docx
(1) How does quantum cryptography eliminate the problem of eaves.docx
 
#transformation10EventTrendsfor 201910 Event.docx
#transformation10EventTrendsfor 201910 Event.docx#transformation10EventTrendsfor 201910 Event.docx
#transformation10EventTrendsfor 201910 Event.docx
 
$10 now and $10 when complete Use resources from the required .docx
$10 now and $10 when complete Use resources from the required .docx$10 now and $10 when complete Use resources from the required .docx
$10 now and $10 when complete Use resources from the required .docx
 
#MicroXplorer Configuration settings - do not modifyFile.Versio.docx
#MicroXplorer Configuration settings - do not modifyFile.Versio.docx#MicroXplorer Configuration settings - do not modifyFile.Versio.docx
#MicroXplorer Configuration settings - do not modifyFile.Versio.docx
 
#include string.h#include stdlib.h#include systypes.h.docx
#include string.h#include stdlib.h#include systypes.h.docx#include string.h#include stdlib.h#include systypes.h.docx
#include string.h#include stdlib.h#include systypes.h.docx
 
$ stated in thousands)Net Assets, Controlling Interest.docx
$ stated in thousands)Net Assets, Controlling Interest.docx$ stated in thousands)Net Assets, Controlling Interest.docx
$ stated in thousands)Net Assets, Controlling Interest.docx
 
#include stdio.h#include stdlib.h#include pthread.h#in.docx
#include stdio.h#include stdlib.h#include pthread.h#in.docx#include stdio.h#include stdlib.h#include pthread.h#in.docx
#include stdio.h#include stdlib.h#include pthread.h#in.docx
 
#include customer.h#include heap.h#include iostream.docx
#include customer.h#include heap.h#include iostream.docx#include customer.h#include heap.h#include iostream.docx
#include customer.h#include heap.h#include iostream.docx
 
#Assessment BriefDiploma of Business Eco.docx
#Assessment BriefDiploma of Business Eco.docx#Assessment BriefDiploma of Business Eco.docx
#Assessment BriefDiploma of Business Eco.docx
 
#include stdio.h#include stdint.h#include stdbool.h.docx
#include stdio.h#include stdint.h#include stdbool.h.docx#include stdio.h#include stdint.h#include stdbool.h.docx
#include stdio.h#include stdint.h#include stdbool.h.docx
 

Recently uploaded

Full Stack Web Development Course for Beginners
Full Stack Web Development Course  for BeginnersFull Stack Web Development Course  for Beginners
Full Stack Web Development Course for BeginnersSabitha Banu
 
Software Engineering Methodologies (overview)
Software Engineering Methodologies (overview)Software Engineering Methodologies (overview)
Software Engineering Methodologies (overview)eniolaolutunde
 
Interactive Powerpoint_How to Master effective communication
Interactive Powerpoint_How to Master effective communicationInteractive Powerpoint_How to Master effective communication
Interactive Powerpoint_How to Master effective communicationnomboosow
 
ECONOMIC CONTEXT - LONG FORM TV DRAMA - PPT
ECONOMIC CONTEXT - LONG FORM TV DRAMA - PPTECONOMIC CONTEXT - LONG FORM TV DRAMA - PPT
ECONOMIC CONTEXT - LONG FORM TV DRAMA - PPTiammrhaywood
 
18-04-UA_REPORT_MEDIALITERAСY_INDEX-DM_23-1-final-eng.pdf
18-04-UA_REPORT_MEDIALITERAСY_INDEX-DM_23-1-final-eng.pdf18-04-UA_REPORT_MEDIALITERAСY_INDEX-DM_23-1-final-eng.pdf
18-04-UA_REPORT_MEDIALITERAСY_INDEX-DM_23-1-final-eng.pdfssuser54595a
 
Hierarchy of management that covers different levels of management
Hierarchy of management that covers different levels of managementHierarchy of management that covers different levels of management
Hierarchy of management that covers different levels of managementmkooblal
 
Capitol Tech U Doctoral Presentation - April 2024.pptx
Capitol Tech U Doctoral Presentation - April 2024.pptxCapitol Tech U Doctoral Presentation - April 2024.pptx
Capitol Tech U Doctoral Presentation - April 2024.pptxCapitolTechU
 
Roles & Responsibilities in Pharmacovigilance
Roles & Responsibilities in PharmacovigilanceRoles & Responsibilities in Pharmacovigilance
Roles & Responsibilities in PharmacovigilanceSamikshaHamane
 
Meghan Sutherland In Media Res Media Component
Meghan Sutherland In Media Res Media ComponentMeghan Sutherland In Media Res Media Component
Meghan Sutherland In Media Res Media ComponentInMediaRes1
 
History Class XII Ch. 3 Kinship, Caste and Class (1).pptx
History Class XII Ch. 3 Kinship, Caste and Class (1).pptxHistory Class XII Ch. 3 Kinship, Caste and Class (1).pptx
History Class XII Ch. 3 Kinship, Caste and Class (1).pptxsocialsciencegdgrohi
 
Solving Puzzles Benefits Everyone (English).pptx
Solving Puzzles Benefits Everyone (English).pptxSolving Puzzles Benefits Everyone (English).pptx
Solving Puzzles Benefits Everyone (English).pptxOH TEIK BIN
 
Alper Gobel In Media Res Media Component
Alper Gobel In Media Res Media ComponentAlper Gobel In Media Res Media Component
Alper Gobel In Media Res Media ComponentInMediaRes1
 
call girls in Kamla Market (DELHI) 🔝 >༒9953330565🔝 genuine Escort Service 🔝✔️✔️
call girls in Kamla Market (DELHI) 🔝 >༒9953330565🔝 genuine Escort Service 🔝✔️✔️call girls in Kamla Market (DELHI) 🔝 >༒9953330565🔝 genuine Escort Service 🔝✔️✔️
call girls in Kamla Market (DELHI) 🔝 >༒9953330565🔝 genuine Escort Service 🔝✔️✔️9953056974 Low Rate Call Girls In Saket, Delhi NCR
 
भारत-रोम व्यापार.pptx, Indo-Roman Trade,
भारत-रोम व्यापार.pptx, Indo-Roman Trade,भारत-रोम व्यापार.pptx, Indo-Roman Trade,
भारत-रोम व्यापार.pptx, Indo-Roman Trade,Virag Sontakke
 
Enzyme, Pharmaceutical Aids, Miscellaneous Last Part of Chapter no 5th.pdf
Enzyme, Pharmaceutical Aids, Miscellaneous Last Part of Chapter no 5th.pdfEnzyme, Pharmaceutical Aids, Miscellaneous Last Part of Chapter no 5th.pdf
Enzyme, Pharmaceutical Aids, Miscellaneous Last Part of Chapter no 5th.pdfSumit Tiwari
 
Incoming and Outgoing Shipments in 1 STEP Using Odoo 17
Incoming and Outgoing Shipments in 1 STEP Using Odoo 17Incoming and Outgoing Shipments in 1 STEP Using Odoo 17
Incoming and Outgoing Shipments in 1 STEP Using Odoo 17Celine George
 
Introduction to ArtificiaI Intelligence in Higher Education
Introduction to ArtificiaI Intelligence in Higher EducationIntroduction to ArtificiaI Intelligence in Higher Education
Introduction to ArtificiaI Intelligence in Higher Educationpboyjonauth
 
DATA STRUCTURE AND ALGORITHM for beginners
DATA STRUCTURE AND ALGORITHM for beginnersDATA STRUCTURE AND ALGORITHM for beginners
DATA STRUCTURE AND ALGORITHM for beginnersSabitha Banu
 

Recently uploaded (20)

Model Call Girl in Tilak Nagar Delhi reach out to us at 🔝9953056974🔝
Model Call Girl in Tilak Nagar Delhi reach out to us at 🔝9953056974🔝Model Call Girl in Tilak Nagar Delhi reach out to us at 🔝9953056974🔝
Model Call Girl in Tilak Nagar Delhi reach out to us at 🔝9953056974🔝
 
Full Stack Web Development Course for Beginners
Full Stack Web Development Course  for BeginnersFull Stack Web Development Course  for Beginners
Full Stack Web Development Course for Beginners
 
Software Engineering Methodologies (overview)
Software Engineering Methodologies (overview)Software Engineering Methodologies (overview)
Software Engineering Methodologies (overview)
 
Interactive Powerpoint_How to Master effective communication
Interactive Powerpoint_How to Master effective communicationInteractive Powerpoint_How to Master effective communication
Interactive Powerpoint_How to Master effective communication
 
ECONOMIC CONTEXT - LONG FORM TV DRAMA - PPT
ECONOMIC CONTEXT - LONG FORM TV DRAMA - PPTECONOMIC CONTEXT - LONG FORM TV DRAMA - PPT
ECONOMIC CONTEXT - LONG FORM TV DRAMA - PPT
 
18-04-UA_REPORT_MEDIALITERAСY_INDEX-DM_23-1-final-eng.pdf
18-04-UA_REPORT_MEDIALITERAСY_INDEX-DM_23-1-final-eng.pdf18-04-UA_REPORT_MEDIALITERAСY_INDEX-DM_23-1-final-eng.pdf
18-04-UA_REPORT_MEDIALITERAСY_INDEX-DM_23-1-final-eng.pdf
 
Hierarchy of management that covers different levels of management
Hierarchy of management that covers different levels of managementHierarchy of management that covers different levels of management
Hierarchy of management that covers different levels of management
 
Model Call Girl in Bikash Puri Delhi reach out to us at 🔝9953056974🔝
Model Call Girl in Bikash Puri  Delhi reach out to us at 🔝9953056974🔝Model Call Girl in Bikash Puri  Delhi reach out to us at 🔝9953056974🔝
Model Call Girl in Bikash Puri Delhi reach out to us at 🔝9953056974🔝
 
Capitol Tech U Doctoral Presentation - April 2024.pptx
Capitol Tech U Doctoral Presentation - April 2024.pptxCapitol Tech U Doctoral Presentation - April 2024.pptx
Capitol Tech U Doctoral Presentation - April 2024.pptx
 
Roles & Responsibilities in Pharmacovigilance
Roles & Responsibilities in PharmacovigilanceRoles & Responsibilities in Pharmacovigilance
Roles & Responsibilities in Pharmacovigilance
 
Meghan Sutherland In Media Res Media Component
Meghan Sutherland In Media Res Media ComponentMeghan Sutherland In Media Res Media Component
Meghan Sutherland In Media Res Media Component
 
History Class XII Ch. 3 Kinship, Caste and Class (1).pptx
History Class XII Ch. 3 Kinship, Caste and Class (1).pptxHistory Class XII Ch. 3 Kinship, Caste and Class (1).pptx
History Class XII Ch. 3 Kinship, Caste and Class (1).pptx
 
Solving Puzzles Benefits Everyone (English).pptx
Solving Puzzles Benefits Everyone (English).pptxSolving Puzzles Benefits Everyone (English).pptx
Solving Puzzles Benefits Everyone (English).pptx
 
Alper Gobel In Media Res Media Component
Alper Gobel In Media Res Media ComponentAlper Gobel In Media Res Media Component
Alper Gobel In Media Res Media Component
 
call girls in Kamla Market (DELHI) 🔝 >༒9953330565🔝 genuine Escort Service 🔝✔️✔️
call girls in Kamla Market (DELHI) 🔝 >༒9953330565🔝 genuine Escort Service 🔝✔️✔️call girls in Kamla Market (DELHI) 🔝 >༒9953330565🔝 genuine Escort Service 🔝✔️✔️
call girls in Kamla Market (DELHI) 🔝 >༒9953330565🔝 genuine Escort Service 🔝✔️✔️
 
भारत-रोम व्यापार.pptx, Indo-Roman Trade,
भारत-रोम व्यापार.pptx, Indo-Roman Trade,भारत-रोम व्यापार.pptx, Indo-Roman Trade,
भारत-रोम व्यापार.pptx, Indo-Roman Trade,
 
Enzyme, Pharmaceutical Aids, Miscellaneous Last Part of Chapter no 5th.pdf
Enzyme, Pharmaceutical Aids, Miscellaneous Last Part of Chapter no 5th.pdfEnzyme, Pharmaceutical Aids, Miscellaneous Last Part of Chapter no 5th.pdf
Enzyme, Pharmaceutical Aids, Miscellaneous Last Part of Chapter no 5th.pdf
 
Incoming and Outgoing Shipments in 1 STEP Using Odoo 17
Incoming and Outgoing Shipments in 1 STEP Using Odoo 17Incoming and Outgoing Shipments in 1 STEP Using Odoo 17
Incoming and Outgoing Shipments in 1 STEP Using Odoo 17
 
Introduction to ArtificiaI Intelligence in Higher Education
Introduction to ArtificiaI Intelligence in Higher EducationIntroduction to ArtificiaI Intelligence in Higher Education
Introduction to ArtificiaI Intelligence in Higher Education
 
DATA STRUCTURE AND ALGORITHM for beginners
DATA STRUCTURE AND ALGORITHM for beginnersDATA STRUCTURE AND ALGORITHM for beginners
DATA STRUCTURE AND ALGORITHM for beginners
 

Body of knowledge matrix important guidelines· Each knowledge a.docx

  • 1. Body of knowledge matrix important guidelines: · Each knowledge area is associated with logistics and supply chain management. For example, sustainability can have different meanings in different areas of research, whereas logistics network or supply chain refers to environmental impact, waste costs, etc. (for an artifact on inventory management, the student can insert X in the operational and/ or tactical columns and should submit a document/ artifact to support that. · Minimum of 10 artifacts and 15 summaries (each summary associated with a unique cell in the body of knowledge matrix) · An artifact can be assigned to more one knowledge as long as it can be justify: a separate summary for each knowledge area association will be required. For example, an artifact on collaborative supply chains that also includes discussion on inventory management can be assigned to both collaborative supply chain management and inventory management. · An artifact should be directly related to the knowledge area. For example, an artifact on collaborative supply chains, which may have a mention of inventory management but doesn’t include detailed discussion on inventory management, is not applicable for inventory management. Each artifact summary utilizes the following grading criteria: · Quality and depth of content · Organization of the report · Overall format, i.e., typed, use of page numbers, title page, table of contents, appropriate labels on figures and tables, etc. · Correct grammar and evidence of proofing, i.e., no spelling errors. · Variety and documentation of references used. Format for citations and references must follow APA guidelines. INTRODUCTION TO MARKETING (MKT333)
  • 2. Converse Case Study Converse dominated the basketball court for more than 40 years. The first U.S. Olympic basketball team wore them, Dr. J made them famous in the NBA. Punk rocker Joey Ramone made them standard issue for cult musicians. Today, a broad range of consumers, from the nerdiest of high school students to A-list celebrities, claim them as their own. What are they? Converse All Starts – more specifically, the famous Chuck Taylor All Stars known throughout the world as Cons, Connies, Convics, Verses, Chuckers, Chuckies, Chucks, to name a few. The “cool quotient” of the iconic Converse brand is unquestionable. How has the brand maintained its status decade after decade? The answer is: by doing nothing. This may seem an oversimplification but the folks who run Converse brand understand that in order to provide a meaningful customer experience, you have to just stand back and leave customers alone! Converse was founded in 1908 and introduced the canvas high- top sneaker in 1917. From the 1930s through the 1960s the Converse All Stars were the shoes to wear, even though they only came in the basic black and white until 1969. At that time, about 80% of all basketball players wore Converse. The sneaker market began to explode in the 1970s and 1980s. Athletic shoes became more specialized, more high-tech, and more expensive. As Nike, Adidas, and Reebok took over the market Converse experienced a financial roller coaster ride and declared bankruptcy in 2001 as it market share dropped to a dismal 2% of all athletic shoes. However, something interesting happened in the marketplace. Emerging artists, designers, and musicians began wearing Chucks because of their affordability, simplicity, and classic look. Young people caught on an adopted them as an expression of individuality. In fact, Converse’s shrinking market share and miniscule ad budget made its shoes a favorite of the anti-establishment, anti-corporate crowd who were tired
  • 3. of trendy fashions. Perhaps the most intriguing aspect of consumers adopting Converse as a counter-culture icon is that Converse never promoted the brand as anything other than a basketball shoe. In 2003, Nike came to the rescue by acquiring Converse and making it part of the Nike corporate family. Although Nike has infused cash and provided opportunity for product development, it has allowed Converse management to implement its own strategy. Although Converse sales have increased, the market share has shown very little growth. In certain respects, the Converse brand seems to be more popular today than ever. In fact, in spite of low market share, Converse is the most popular sneaker brand on Facebook. With more than 19 million fans – almost four times as many as market leader Nike – Converse brings in an average of 20,000 likes each day. All this popularity comes from a brand that grabs less than 3 percent of the total athletic shoe market. When Geoff Cottrill, Converse’s chief marketing officer, was asked what Converse should do with this popularity on social meda, he replied, “nothing.” By that Conttrill meant that the brand should do nothing to mess up their valuable customer- brand relationship. Today, Converse spends 90% of its marketing budget on emerging digital media rather than traditional media. As the various social media outlets have emerged, Converse has developed a “good party guest” approach to managing customer relationship. They listen more than they talk. They follow the philosophy of “letting go.” Converse sees its role as one of making great products that its customers want to wear. It participates in consumer discussions rather than dictates. Having millions of “advocates” can be a powerful marketing force. Converse is very strategic about its “stand back” approach. The brand sponsors planned communications such as posts about product, content, and questions of the day. In addition, Converse has joined forces with the (RED) Global Fund which raises money to fight AIDS, tuberculosis, and
  • 4. malaria. In the past five years, Converse has sent $160 million to the (RED) fund. In another strategic move, Converse built a music studio in New York called Converse Rubber Tracks. Although Converse is not really trying to get into the must business, this effort keeps a strong brand association with music. Converse offers emerging artists free recording time in exchange for doing free future promotions for the brand. Converse now walks a fine line: How many limited editions and upscale designs can the brand produce without losing its image as a non-marketing marketer? How popular can a brand become without losing the core customers who love it because it isn’t popular? For Converse, where authenticity is the most important attribute, the customer experience needs to be driven by the customer. Questions: 1. How would you define the needs, wants, and demands of the Converse customer? 2. Please describe Converse’s “stand-back” approach. Is it appropriate? Effective? 3. What is the benefit of Converse’s participation in the (RED) Global Fund? Does it “fit” with the target market? 4. What role has music played in the current image of Converse products? 5. Do you think Converse can maintain its authentic brand image and grow the brand? Why or why not?