Group 2:
Orson Chi
Hughes Guan
Peter Leung
Danny Nguyen
Ken Nguyen
Shawn Sahihi
Matthew Tran
Company Description
● We provide high quality athletic and casual
shoes for the trendy consumer
● Featuring best selection of authentic
products
● Hecho en USA
Company Objectives
● Make profit
● High market share
● Become top shoe competitor
● Provide the best customer experience and
value
● High quality shoes
● Expand to foreign markets
SWOT Analysis
Strengths
● Product Development
● Brand Name
● Marketing
● Low Unit Cost
Weaknesses
● Start-off
● Competitors
● Initial Prices
● Expenses
Opportunities
● Foreign Market
● Domestic Market
● Bid Contracts
Threats
● Wonder Shoes
● Moxie Footwear
● STOMP
Situation Analysis
Period 1 Period 10
Competitor Analysis
57.2%
Growth
Competitor Analysis
Competitor Analysis
35.5%
increase
Competitor Analysis
Competitor Analysis
Customer Analysis
Home
● Quality Conscious Athletes
o Adolescents & young adults looking for high quality athletic shoes for basketball, running, and
casual wear
Domestic
● Price Sensitive Consumer
o Teenagers & adults looking for quality athletic and casual shoes at an affordable price and
impressionable to consumer promotions
Foreign
● Quality Focused Consumer
o Teenagers & adults looking for high quality American-made shoes
Home Product-Market Focus
Home Market
Marketing and Product Objectives
● Invest in advertising and consumer promotions at a
reasonable level
● Reduce costs from dealer promotions
● Cut back on salespeople
Target Market(s) and Positioning
● Adolescents & young adults
● High quality, medium priced
Domestic Product-Market Focus
Domestic Market
Marketing and Product Objectives
● Focus on advertising and consumer promotions
● Kept dealer promotions at a moderate expenditure
● Increase sales people by 2
Target Market(s) and Positioning
● Teenagers & adults
● High quality, competitive pricing
Foreign Product-Market Focus
Foreign Market
Marketing and Product Objectives
● Entered the Market in Period 6
● High advertising and dealer promotions
● Relatively low consumer promotions
● 10 sales people
Target Market(s) and Positioning
● Foreign consumers looking for American-made shoes
● Quality-focused
● Initially high price, lowered to compete
Home Marketing Program
● Advertising and consumer promotions
Domestic Marketing Program
● Advertising and consumer promotions
Foreign Marketing Program
● Quality focus
● Advertising
● Dealer promotions
Performance Indicators
● Primary focus on
domestic and foreign
region
● Less on home market
due to relatively
smaller market, and
lower growth potential
Market Share and Return on Sales
Financial Assessment
Key Lessons Learned
● Research and make appropriate preparations before
starting
● Maintain high quality through high product
development
● Take advantage of detailed market research
● Changed our initial plan
o Lower prices as products age
● Expand globally while tailoring to local needs
● Reduce contract bids in order to gain more profit
Future Plan
● Invest more in product development to gain
a competitive advantage
● Continue lowering each region’s price
strategically against competitors
● Invest in market research to capture a sense
of the competitive environment
Future Plan
Home Region Domestic Region Foreign Region
Price
Advertising Maintain
Consumer
Promotions
Sales People Maintain Maintain Maintain
Dealer Promotions Maintain Maintain

High Soleciety

  • 1.
    Group 2: Orson Chi HughesGuan Peter Leung Danny Nguyen Ken Nguyen Shawn Sahihi Matthew Tran
  • 2.
    Company Description ● Weprovide high quality athletic and casual shoes for the trendy consumer ● Featuring best selection of authentic products ● Hecho en USA
  • 3.
    Company Objectives ● Makeprofit ● High market share ● Become top shoe competitor ● Provide the best customer experience and value ● High quality shoes ● Expand to foreign markets
  • 4.
    SWOT Analysis Strengths ● ProductDevelopment ● Brand Name ● Marketing ● Low Unit Cost Weaknesses ● Start-off ● Competitors ● Initial Prices ● Expenses Opportunities ● Foreign Market ● Domestic Market ● Bid Contracts Threats ● Wonder Shoes ● Moxie Footwear ● STOMP
  • 5.
  • 6.
  • 7.
  • 8.
  • 9.
  • 10.
  • 11.
    Customer Analysis Home ● QualityConscious Athletes o Adolescents & young adults looking for high quality athletic shoes for basketball, running, and casual wear Domestic ● Price Sensitive Consumer o Teenagers & adults looking for quality athletic and casual shoes at an affordable price and impressionable to consumer promotions Foreign ● Quality Focused Consumer o Teenagers & adults looking for high quality American-made shoes
  • 12.
    Home Product-Market Focus HomeMarket Marketing and Product Objectives ● Invest in advertising and consumer promotions at a reasonable level ● Reduce costs from dealer promotions ● Cut back on salespeople Target Market(s) and Positioning ● Adolescents & young adults ● High quality, medium priced
  • 13.
    Domestic Product-Market Focus DomesticMarket Marketing and Product Objectives ● Focus on advertising and consumer promotions ● Kept dealer promotions at a moderate expenditure ● Increase sales people by 2 Target Market(s) and Positioning ● Teenagers & adults ● High quality, competitive pricing
  • 14.
    Foreign Product-Market Focus ForeignMarket Marketing and Product Objectives ● Entered the Market in Period 6 ● High advertising and dealer promotions ● Relatively low consumer promotions ● 10 sales people Target Market(s) and Positioning ● Foreign consumers looking for American-made shoes ● Quality-focused ● Initially high price, lowered to compete
  • 15.
    Home Marketing Program ●Advertising and consumer promotions
  • 16.
    Domestic Marketing Program ●Advertising and consumer promotions
  • 17.
    Foreign Marketing Program ●Quality focus ● Advertising ● Dealer promotions
  • 18.
    Performance Indicators ● Primaryfocus on domestic and foreign region ● Less on home market due to relatively smaller market, and lower growth potential
  • 19.
    Market Share andReturn on Sales
  • 20.
  • 21.
    Key Lessons Learned ●Research and make appropriate preparations before starting ● Maintain high quality through high product development ● Take advantage of detailed market research ● Changed our initial plan o Lower prices as products age ● Expand globally while tailoring to local needs ● Reduce contract bids in order to gain more profit
  • 22.
    Future Plan ● Investmore in product development to gain a competitive advantage ● Continue lowering each region’s price strategically against competitors ● Invest in market research to capture a sense of the competitive environment
  • 23.
    Future Plan Home RegionDomestic Region Foreign Region Price Advertising Maintain Consumer Promotions Sales People Maintain Maintain Maintain Dealer Promotions Maintain Maintain

Editor's Notes

  • #6 Don’t forget to mention that we lowered price each round until the end.
  • #10 as you can see this is our competitor analysis (for return on sales), everyone there had a stedy increase