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Marketing Simulation
Don’t be afraid to get creative and experiment with your
marketing
• A company TeKnowIndutries Inc has experienced
considerable financial and marketing difficulties and last
year it had to consider filing for bankruptcy, as its
financial health deteriorated
• A bank has agreed to provide financing for the
continued survival of the company
• We have been hired by the bank as a marketing
turnaround specialist to take on the role of the Chief
Marketing Officer (CMO) and to help TeKnowIndustries
return to a profitable status.
COMPANY BACKGROUND
• Home use Laptop
• Price sensitive
• 8% Market Share
• Market Size decreasing
• Sales are highly seasonal
HOME PROTEGE
HOME
PROTEGE
PREVIOUS CURRENT
Price $595 $400
Staff 15 15
Advirtsement $10,000 $80,000
Market Share 8% 16.80%
Ad Content Price Durability
HOME PROTEGE - STATS
• Home use Laptop
• More Advanced Computer
• Less Price Sensitive
• 16% Market Share
• Market Size increasing
HOME ELITE
HOME
PROTEGE
HOME
ELITE
PREVIOUS CURRENT
Price $1399 $2500
Staff 9 12
Advirtsement $25000 $50,000
Market Share 16.28% 11.52%
HOME ELITE - STATS
Ad Content Price Service
• Business use Laptop
• Entry Level
• Price Sensitive
• 15.22% Market Share
• Market Size Steady
WALLSTREET 2000
HOME PROTEGE
HOME
ELITE
WallStreet 2000
PREVIOUS CURRENT
Price $1250 $1120
Staff 10 12
Advirtsement $100,000 $1,25000
Market Share 15.22% 16.89%
WALLSTREET2000 - STATS
Ad Content Price Service
• Business use Laptop
• Advanced Level
• Less Price Sensitive
• 23% Market Share
• Market Size Increasing
WALLSTREET 5000
HOME PROTEGE
WallStreet 2000
HOME ELITE
WallStreet 5000
PREVIOUS CURRENT
Price $2495 $3600
Staff 5 12
Advirtsement $100,000 $1,25000
Market Share 15.22% 16.89%
WALLSTREET 5000 - STATS
Ad Content Price Service
• Industrial use Laptop
• Advanced Level
• Less Price Sensitive
• 13.48 % Market Share
• Market Size decreased half
DRILLER-XP
HOME PROTEGE
HOME ELITE
Driller-XP
WALLSTREET 5000
WALLSTREET 2000
PREVIOUS CURRENT
Price $3799 $3400
Staff 10 10
Advirtsement $50,000 $50,000
Market Share 13.48% 4.047%
DRILLER-XP - STATS
Ad Content Price Technology
• Military use Laptop
• Advanced Level
• Less Price Sensitive
• 31% Market Share
• Market Size Increasing
ROBOCOMP
HOME PROTEGE
WALLSTREET 2000
HOME ELITE
WALLSTREET 5000
Driller-XP
ROBOCOMP
PREVIOUS CURRENT
Price $4499 $4499
Staff 15 20
Advirtsement $50,000 $50,000
Market Share 31% 56%
ROBOCOMP - STATS
Ad Content Price Technology
YAHOO! WE
ARE IN
PROFIT
+423,000
Marketing simulation

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Marketing simulation

  • 1. Marketing Simulation Don’t be afraid to get creative and experiment with your marketing
  • 2. • A company TeKnowIndutries Inc has experienced considerable financial and marketing difficulties and last year it had to consider filing for bankruptcy, as its financial health deteriorated • A bank has agreed to provide financing for the continued survival of the company • We have been hired by the bank as a marketing turnaround specialist to take on the role of the Chief Marketing Officer (CMO) and to help TeKnowIndustries return to a profitable status. COMPANY BACKGROUND
  • 3. • Home use Laptop • Price sensitive • 8% Market Share • Market Size decreasing • Sales are highly seasonal HOME PROTEGE HOME PROTEGE
  • 4. PREVIOUS CURRENT Price $595 $400 Staff 15 15 Advirtsement $10,000 $80,000 Market Share 8% 16.80% Ad Content Price Durability HOME PROTEGE - STATS
  • 5. • Home use Laptop • More Advanced Computer • Less Price Sensitive • 16% Market Share • Market Size increasing HOME ELITE HOME PROTEGE HOME ELITE
  • 6. PREVIOUS CURRENT Price $1399 $2500 Staff 9 12 Advirtsement $25000 $50,000 Market Share 16.28% 11.52% HOME ELITE - STATS Ad Content Price Service
  • 7. • Business use Laptop • Entry Level • Price Sensitive • 15.22% Market Share • Market Size Steady WALLSTREET 2000 HOME PROTEGE HOME ELITE WallStreet 2000
  • 8. PREVIOUS CURRENT Price $1250 $1120 Staff 10 12 Advirtsement $100,000 $1,25000 Market Share 15.22% 16.89% WALLSTREET2000 - STATS Ad Content Price Service
  • 9. • Business use Laptop • Advanced Level • Less Price Sensitive • 23% Market Share • Market Size Increasing WALLSTREET 5000 HOME PROTEGE WallStreet 2000 HOME ELITE WallStreet 5000
  • 10. PREVIOUS CURRENT Price $2495 $3600 Staff 5 12 Advirtsement $100,000 $1,25000 Market Share 15.22% 16.89% WALLSTREET 5000 - STATS Ad Content Price Service
  • 11. • Industrial use Laptop • Advanced Level • Less Price Sensitive • 13.48 % Market Share • Market Size decreased half DRILLER-XP HOME PROTEGE HOME ELITE Driller-XP WALLSTREET 5000 WALLSTREET 2000
  • 12. PREVIOUS CURRENT Price $3799 $3400 Staff 10 10 Advirtsement $50,000 $50,000 Market Share 13.48% 4.047% DRILLER-XP - STATS Ad Content Price Technology
  • 13. • Military use Laptop • Advanced Level • Less Price Sensitive • 31% Market Share • Market Size Increasing ROBOCOMP HOME PROTEGE WALLSTREET 2000 HOME ELITE WALLSTREET 5000 Driller-XP ROBOCOMP
  • 14. PREVIOUS CURRENT Price $4499 $4499 Staff 15 20 Advirtsement $50,000 $50,000 Market Share 31% 56% ROBOCOMP - STATS Ad Content Price Technology