WashLady is an online laundry service app that aims to make laundry easy and stress-free for customers. It plans to partner with existing laundry services to outsource the actual laundry work while providing a seamless app experience. The app targets housewives, students, and young professionals between 18-40 years who want convenient laundry without the hassle. WashLady will use a freemium model and focus on excellent customer service, data analytics, and partnerships to provide quality laundry solutions on-demand.
Analysis on Product Development in the Food and Beverage Industry and Frito LayDustin Fontenot
This document provides an analysis of product development in the food and beverage industry and at Frito Lay specifically. It discusses how companies use crowdsourcing techniques like social media sentiment analysis and platforms like Lego's Cuusoo to generate new product ideas from consumers. It also describes how Frito Lay develops new flavors through campaigns like "Lay's Do Us a Flavor" which asks consumers to submit and vote on ideas for new chip flavors. Finally, it outlines Frito Lay's three areas of innovation: flavor development, "outside aisle" products, and new uses for existing brands.
Insight Generation Framework V 5 Value Insights Indiavamawate
The document describes Value Insights India's Insight Generation Framework, which provides organizations with tools and research methods to better understand consumers. The framework uses both qualitative and quantitative research including interviews, surveys, and testing to gain insights on topics like consumer segments, categories, channels, products, brands, and communications. It aims to help organizations optimize strategies and uncover real consumer needs, behaviors, and motivations.
B&O has remained successful due to their high quality, well-designed products. They focus on serving the most affluent 2% of consumers by concentrating on quality and durability rather than price. However, this targeting strategy is not sustainable as their customer base ages. To attract new younger customers and ensure future growth, B&O will need to expand their market and change their marketing strategy to offer more affordable, technologically updated products while still maintaining their high quality standards.
Colgate Palmolive plans to introduce a new toothbrush called Precision and must determine the marketing strategy. They consider niche or mainstream positioning. Financial analysis shows niche positioning targeting therapeutic brushers can generate profits in the first year while avoiding cannibalizing existing products. The recommendation is for Colgate to initially position Precision in a niche therapeutic market and later expand to mainstream, while reducing their Classic line to make room for growth. Success requires addressing niche needs, competitive pricing, effective distribution, and standard promotion investment.
The document outlines the key stages of product development: 1) Initial ideas are generated through market research or modifying existing products; 2) Test recipes are developed and evaluated informally in a test kitchen; 3) Acceptable products are produced at a pilot plant and evaluated in sensory tests; 4) Final products are tested through consumer testing methods like group discussions, street interviews, and home trials; 5) Successful products then proceed to large-scale manufacturing, a product launch, and later review. Sensory evaluation and consumer feedback are important throughout the process to refine products that will appeal to consumers.
Young marketers elite 2013 assignment 2.1 - tuong_phongJoy Phan
Apple needs to research the market, customers, and competitors before launching a new product. Specifically, Apple should understand the demographics and needs of the target market, customer behaviors and locations, and competitors' strengths and weaknesses. Apple examines the product development process from establishing needs to determining the future of older products. For a new product launch, Apple will research current and potential customers through surveys to understand reactions, barriers to purchase, price expectations, and what is most attractive about the product. The research will help Apple segment the market and successfully launch the new product.
Colgate Palmolive company- the precision toothbrushPOOJA M
Colgate-Palmolive is launching a new precision toothbrush and must decide whether to market it to the mainstream or niche market. The document analyzes the toothbrush market, Colgate's competitors, and evaluates marketing the brush to the mainstream versus niche "super premium" segment. It concludes the niche market is the best strategy since the brush's benefits cater especially to those seeking advanced gum care, it would avoid cannibalizing other Colgate product sales, and niche markets attract fewer competitors.
WashLady is an online laundry service app that aims to make laundry easy and stress-free for customers. It plans to partner with existing laundry services to outsource the actual laundry work while providing a seamless app experience. The app targets housewives, students, and young professionals between 18-40 years who want convenient laundry without the hassle. WashLady will use a freemium model and focus on excellent customer service, data analytics, and partnerships to provide quality laundry solutions on-demand.
Analysis on Product Development in the Food and Beverage Industry and Frito LayDustin Fontenot
This document provides an analysis of product development in the food and beverage industry and at Frito Lay specifically. It discusses how companies use crowdsourcing techniques like social media sentiment analysis and platforms like Lego's Cuusoo to generate new product ideas from consumers. It also describes how Frito Lay develops new flavors through campaigns like "Lay's Do Us a Flavor" which asks consumers to submit and vote on ideas for new chip flavors. Finally, it outlines Frito Lay's three areas of innovation: flavor development, "outside aisle" products, and new uses for existing brands.
Insight Generation Framework V 5 Value Insights Indiavamawate
The document describes Value Insights India's Insight Generation Framework, which provides organizations with tools and research methods to better understand consumers. The framework uses both qualitative and quantitative research including interviews, surveys, and testing to gain insights on topics like consumer segments, categories, channels, products, brands, and communications. It aims to help organizations optimize strategies and uncover real consumer needs, behaviors, and motivations.
B&O has remained successful due to their high quality, well-designed products. They focus on serving the most affluent 2% of consumers by concentrating on quality and durability rather than price. However, this targeting strategy is not sustainable as their customer base ages. To attract new younger customers and ensure future growth, B&O will need to expand their market and change their marketing strategy to offer more affordable, technologically updated products while still maintaining their high quality standards.
Colgate Palmolive plans to introduce a new toothbrush called Precision and must determine the marketing strategy. They consider niche or mainstream positioning. Financial analysis shows niche positioning targeting therapeutic brushers can generate profits in the first year while avoiding cannibalizing existing products. The recommendation is for Colgate to initially position Precision in a niche therapeutic market and later expand to mainstream, while reducing their Classic line to make room for growth. Success requires addressing niche needs, competitive pricing, effective distribution, and standard promotion investment.
The document outlines the key stages of product development: 1) Initial ideas are generated through market research or modifying existing products; 2) Test recipes are developed and evaluated informally in a test kitchen; 3) Acceptable products are produced at a pilot plant and evaluated in sensory tests; 4) Final products are tested through consumer testing methods like group discussions, street interviews, and home trials; 5) Successful products then proceed to large-scale manufacturing, a product launch, and later review. Sensory evaluation and consumer feedback are important throughout the process to refine products that will appeal to consumers.
Young marketers elite 2013 assignment 2.1 - tuong_phongJoy Phan
Apple needs to research the market, customers, and competitors before launching a new product. Specifically, Apple should understand the demographics and needs of the target market, customer behaviors and locations, and competitors' strengths and weaknesses. Apple examines the product development process from establishing needs to determining the future of older products. For a new product launch, Apple will research current and potential customers through surveys to understand reactions, barriers to purchase, price expectations, and what is most attractive about the product. The research will help Apple segment the market and successfully launch the new product.
Colgate Palmolive company- the precision toothbrushPOOJA M
Colgate-Palmolive is launching a new precision toothbrush and must decide whether to market it to the mainstream or niche market. The document analyzes the toothbrush market, Colgate's competitors, and evaluates marketing the brush to the mainstream versus niche "super premium" segment. It concludes the niche market is the best strategy since the brush's benefits cater especially to those seeking advanced gum care, it would avoid cannibalizing other Colgate product sales, and niche markets attract fewer competitors.
Product research involves analyzing all aspects of a product including its name, features, packaging, price, and more. It has both technical and marketing components. Product research is important as it explains product features, simplifies product lines, develops new products, widens the market, builds goodwill, helps determine appropriate pricing, and facilitates product modifications. Methods for conducting product research include staggered comparison tests, paired comparison tests, and non-directive tests. Successful product research leads to profitable products while unsuccessful research can result in product failures.
The document discusses the BBA program offered by PCIT (Punjab College of Information Technology) in Gujranwala, Pakistan. It provides an overview of the BBA, including its goals to provide quality education and promote professional studies. It also describes the consumer learning process and how PCIT identified gaps in meeting consumer motives, such as offering internships, career counseling and international books. Prototypes are suggested to address the gaps.
a Vodafone Ghana reputation study me and my colleagues researched and presented in class @ 2015. we have our background, objectives and goals we hope to achieve at the end of the research.
The document outlines details of a team proposing to start a company called "Twilight" that will manufacture solar chargers. The team lists their objectives of becoming a leader in solar charger sales in India and ensuring quality, durability and service. They propose targeting all income groups, youth and travelers. Their marketing strategy involves creating product awareness and achieving sales targets through various distribution channels.
Solar charger new product launch - Rahul avasthyRahul Avasthy
The document introduces a solar charger that can charge multiple electronic devices like phones, cameras, and music players using solar power. It aims to create product awareness and sell 100,000 units in the first year. The target segments are high mobility users and places with electricity shortages. An action plan details launching in major cities over 4 phases in the first year, establishing distribution channels, and conducting market surveys to inform future demand and new products.
This document provides an overview of assessing the nucleic acid synthesis business at Roche. It outlines understanding the market and customers, products, developing a strategy, and implementing an assessment. Key areas to focus on include the market size and trends, who the customers are and their needs, the competitive landscape, product strengths and differentiation, and creating a strategic plan and dashboard to measure results. The assessment should involve learning about the chemistry, capabilities, and applications of the products through various means such as meeting with people in the company, reviewing literature, and attending events.
The document discusses developing new products and services, outlining the challenges companies face and processes used for new product development. It identifies various categories of new products and the main stages of developing new offerings. Additionally, it examines factors that influence the adoption of new products in the market and strategies for successful product launches.
Jharkhand Silk Textile and Handicraft Development Corporation Ltd. produces silk, handicrafts, and handlooms in Jharkhand, India. The study aims to understand how to better market these products and increase acceptance among urban target audiences. The methodology includes an in-depth analysis of the organization's current policies and practices, as well as quantitative assessments and qualitative stakeholder interviews. The expected outcome is recommendations to improve current marketing strategies and sales.
Term paper on new product development processShourav Mahmud
This document is a term paper on the new product development process for a coconut oil product called "Keya Oil". It includes sections on the executive summary, background, introduction, growth stage, eight phases of new product development, and conclusion. The key points are that the paper analyzes the new product development process for Keya Oil, which includes idea generation, concept development and testing, and developing a marketing strategy by segmenting the market into different geographic, demographic, psychographic, and behavioral segments. The target market includes health conscious people, families, and middle class consumers in Bangladesh.
Reasons for Failure of new products in the consumer good industryUsamah Billah
This document summarizes a research article that investigates the key reasons for new product failure in the consumer goods industry. The researcher conducted interviews with corporate managers in Pakistan and the Middle East to identify the most significant causes of failure. Based on literature review, the researcher determined that low consumer marketing investment, weak positioning, low quality, and weak distribution are the main independent variables that positively correlate with the dependent variable of new product failure. The researcher aims to study the impact of these variables and provide recommendations to help companies avoid failures when launching new products.
The document discusses new product development, including the different types of new products, the process for developing new products, and key considerations. It outlines six categories of new products and eight major steps in the new product development process. It also discusses the success rate and costs at different stages, sources of new product ideas, and methods for screening, testing, and launching new products.
The document outlines a marketing plan for The Healthy Chef, a dessert company focusing on healthy options. It will launch an app and website initially, with a pilot run and focus on social media promotion. The goals are to reshape perceptions of dessert, attract all age groups, and transform the app into a recognized brand within the first year. The strategy targets health-conscious adults and leverages local bakeries for collaboration by offering increased online presence and sales. Tactics include competitive app pricing, fast delivery, and an engaging customer experience through product reviews and referrals.
Young Marketers Elite 2013 - Co hoi du thinh Tuan 2 Market Research - Nguyen ...YoungMarketers2
The research brief outlines key elements for a market research project, including:
1. Market and strategic overview to understand the context and objectives.
2. Background and role of the research to specify how findings will inform decisions.
3. Objectives including business goals and specific research questions.
4. Suggested approach and target groups to provide guidance on methodology.
5. Reporting requirements to establish deliverables.
6. Timing and budget constraints to ensure feasibility.
7. Existing information to refine the scope and build on past learnings.
This document summarizes key topics from Chapter 7 on customer-driven marketing strategy, including market segmentation, market targeting, and differentiation/positioning. The chapter discusses segmenting markets by geographic, demographic, psychographic and behavioral factors. It also covers evaluating and selecting target market segments, and implementing target marketing strategies like undifferentiated, differentiated, concentrated, and micromarketing. Finally, it discusses identifying competitive advantages, choosing a positioning strategy, and communicating the chosen position.
The document discusses Colgate-Palmolive's marketing strategy for its new Precision toothbrush. It analyzes the toothbrush market, noting a shift toward products that promote healthier gums and cavity prevention. While Colgate has a strong brand image, its Precision toothbrush faces challenges entering the emerging super premium market segment dominated by Oral-B. The document recommends a marketing strategy to educate consumers about the Precision toothbrush's technical innovation and plaque-removing efficiency to gain market share.
The document discusses products and services for consumers and businesses globally. It covers topics like cultural adaptation of products, innovative products and their adoption rates, diffusion of innovations, characteristics that influence innovation adoption, and analyzing product components for cultural adaptation. It also discusses global branding, country of origin effects, private labels, and standards like ISO 9000 and total quality management.
Taprobane Products (Pvt) Ltd is a Sri Lankan company that produces spicy paste tubes under the brands "Kirata" and "Mirisata". It has a 10% market share and aims to be the market leader by 2015. A marketing audit found 78% favorability for the product. The document outlines Taprobane's vision, products, SWOT analysis, objectives, and marketing strategy. It details plans to inform customers of product benefits through various promotions and boost sales 10% monthly. It also includes action plans, cost analysis, and team members responsible for developing and launching the new products.
Chapter 20 introducing new market offerings reyesRosalia Reyes
The document discusses the stages of new product development and concept testing. It provides examples of the different stages, including:
1) Idea generation, which starts the process by searching for ideas.
2) Concept development and testing, where product concepts are elaborated in consumer terms and tested to get consumer reactions.
3) Concept testing involves presenting the product concept symbolically or physically to target consumers to understand benefits, value, and purchase intention.
This document outlines the new product development process. It discusses 7 steps: idea generation, idea screening, concept development and testing, business analysis, prototyping and market testing, technological implementation, and commercialization. Idea generation involves finding new product ideas from consumers or creativity techniques. Ideas are then screened and evaluated. Concepts are developed and tested with consumers. Business analysis assesses financial viability. Prototypes are tested and market testing is conducted before full commercialization. The process aims to successfully develop new products that meet market needs.
This document discusses several major Indian multinational companies across different industries. It provides details on Tata Motors and Mahindra in the automobile industry, Infosys, TCS, and Wipro in the information technology industry, ONGC in the energy industry, Dr. Reddy's Laboratories in the pharmaceutical industry, and Hindalco in the manufacturing industry. The document outlines key features of these companies such as revenue, profits, number of employees, locations of offices and manufacturing plants. It also briefly discusses the merits and demerits of multinational companies investing in India.
A multinational corporation (MNC) manages production or delivers services across national borders, with its headquarters in one country and operations in multiple other host countries. Top Indian MNCs listed on stock exchanges in the US include Infosys, Dr. Reddy's Laboratories, and HDFC Bank. While MNCs provide benefits like more jobs and competition, they can also move operations overseas, impact local cultures, and weaken economic sovereignty.
This document discusses multinational companies (MNCs) operating in India, including their growth and impact. It provides background on globalization and defines MNCs as corporations managing production or services across national borders. Several top Indian MNCs are profiled, such as Tata Group, which owns Jaguar Land Rover, as well as ONGC Videsh and Motherson Sumi Systems. Indian companies have increased their outward foreign direct investment and international mergers and acquisitions. While MNCs can spur employment, competition and exports, their rise may also lead to outsourcing, loss of economic sovereignty, and other issues.
Product research involves analyzing all aspects of a product including its name, features, packaging, price, and more. It has both technical and marketing components. Product research is important as it explains product features, simplifies product lines, develops new products, widens the market, builds goodwill, helps determine appropriate pricing, and facilitates product modifications. Methods for conducting product research include staggered comparison tests, paired comparison tests, and non-directive tests. Successful product research leads to profitable products while unsuccessful research can result in product failures.
The document discusses the BBA program offered by PCIT (Punjab College of Information Technology) in Gujranwala, Pakistan. It provides an overview of the BBA, including its goals to provide quality education and promote professional studies. It also describes the consumer learning process and how PCIT identified gaps in meeting consumer motives, such as offering internships, career counseling and international books. Prototypes are suggested to address the gaps.
a Vodafone Ghana reputation study me and my colleagues researched and presented in class @ 2015. we have our background, objectives and goals we hope to achieve at the end of the research.
The document outlines details of a team proposing to start a company called "Twilight" that will manufacture solar chargers. The team lists their objectives of becoming a leader in solar charger sales in India and ensuring quality, durability and service. They propose targeting all income groups, youth and travelers. Their marketing strategy involves creating product awareness and achieving sales targets through various distribution channels.
Solar charger new product launch - Rahul avasthyRahul Avasthy
The document introduces a solar charger that can charge multiple electronic devices like phones, cameras, and music players using solar power. It aims to create product awareness and sell 100,000 units in the first year. The target segments are high mobility users and places with electricity shortages. An action plan details launching in major cities over 4 phases in the first year, establishing distribution channels, and conducting market surveys to inform future demand and new products.
This document provides an overview of assessing the nucleic acid synthesis business at Roche. It outlines understanding the market and customers, products, developing a strategy, and implementing an assessment. Key areas to focus on include the market size and trends, who the customers are and their needs, the competitive landscape, product strengths and differentiation, and creating a strategic plan and dashboard to measure results. The assessment should involve learning about the chemistry, capabilities, and applications of the products through various means such as meeting with people in the company, reviewing literature, and attending events.
The document discusses developing new products and services, outlining the challenges companies face and processes used for new product development. It identifies various categories of new products and the main stages of developing new offerings. Additionally, it examines factors that influence the adoption of new products in the market and strategies for successful product launches.
Jharkhand Silk Textile and Handicraft Development Corporation Ltd. produces silk, handicrafts, and handlooms in Jharkhand, India. The study aims to understand how to better market these products and increase acceptance among urban target audiences. The methodology includes an in-depth analysis of the organization's current policies and practices, as well as quantitative assessments and qualitative stakeholder interviews. The expected outcome is recommendations to improve current marketing strategies and sales.
Term paper on new product development processShourav Mahmud
This document is a term paper on the new product development process for a coconut oil product called "Keya Oil". It includes sections on the executive summary, background, introduction, growth stage, eight phases of new product development, and conclusion. The key points are that the paper analyzes the new product development process for Keya Oil, which includes idea generation, concept development and testing, and developing a marketing strategy by segmenting the market into different geographic, demographic, psychographic, and behavioral segments. The target market includes health conscious people, families, and middle class consumers in Bangladesh.
Reasons for Failure of new products in the consumer good industryUsamah Billah
This document summarizes a research article that investigates the key reasons for new product failure in the consumer goods industry. The researcher conducted interviews with corporate managers in Pakistan and the Middle East to identify the most significant causes of failure. Based on literature review, the researcher determined that low consumer marketing investment, weak positioning, low quality, and weak distribution are the main independent variables that positively correlate with the dependent variable of new product failure. The researcher aims to study the impact of these variables and provide recommendations to help companies avoid failures when launching new products.
The document discusses new product development, including the different types of new products, the process for developing new products, and key considerations. It outlines six categories of new products and eight major steps in the new product development process. It also discusses the success rate and costs at different stages, sources of new product ideas, and methods for screening, testing, and launching new products.
The document outlines a marketing plan for The Healthy Chef, a dessert company focusing on healthy options. It will launch an app and website initially, with a pilot run and focus on social media promotion. The goals are to reshape perceptions of dessert, attract all age groups, and transform the app into a recognized brand within the first year. The strategy targets health-conscious adults and leverages local bakeries for collaboration by offering increased online presence and sales. Tactics include competitive app pricing, fast delivery, and an engaging customer experience through product reviews and referrals.
Young Marketers Elite 2013 - Co hoi du thinh Tuan 2 Market Research - Nguyen ...YoungMarketers2
The research brief outlines key elements for a market research project, including:
1. Market and strategic overview to understand the context and objectives.
2. Background and role of the research to specify how findings will inform decisions.
3. Objectives including business goals and specific research questions.
4. Suggested approach and target groups to provide guidance on methodology.
5. Reporting requirements to establish deliverables.
6. Timing and budget constraints to ensure feasibility.
7. Existing information to refine the scope and build on past learnings.
This document summarizes key topics from Chapter 7 on customer-driven marketing strategy, including market segmentation, market targeting, and differentiation/positioning. The chapter discusses segmenting markets by geographic, demographic, psychographic and behavioral factors. It also covers evaluating and selecting target market segments, and implementing target marketing strategies like undifferentiated, differentiated, concentrated, and micromarketing. Finally, it discusses identifying competitive advantages, choosing a positioning strategy, and communicating the chosen position.
The document discusses Colgate-Palmolive's marketing strategy for its new Precision toothbrush. It analyzes the toothbrush market, noting a shift toward products that promote healthier gums and cavity prevention. While Colgate has a strong brand image, its Precision toothbrush faces challenges entering the emerging super premium market segment dominated by Oral-B. The document recommends a marketing strategy to educate consumers about the Precision toothbrush's technical innovation and plaque-removing efficiency to gain market share.
The document discusses products and services for consumers and businesses globally. It covers topics like cultural adaptation of products, innovative products and their adoption rates, diffusion of innovations, characteristics that influence innovation adoption, and analyzing product components for cultural adaptation. It also discusses global branding, country of origin effects, private labels, and standards like ISO 9000 and total quality management.
Taprobane Products (Pvt) Ltd is a Sri Lankan company that produces spicy paste tubes under the brands "Kirata" and "Mirisata". It has a 10% market share and aims to be the market leader by 2015. A marketing audit found 78% favorability for the product. The document outlines Taprobane's vision, products, SWOT analysis, objectives, and marketing strategy. It details plans to inform customers of product benefits through various promotions and boost sales 10% monthly. It also includes action plans, cost analysis, and team members responsible for developing and launching the new products.
Chapter 20 introducing new market offerings reyesRosalia Reyes
The document discusses the stages of new product development and concept testing. It provides examples of the different stages, including:
1) Idea generation, which starts the process by searching for ideas.
2) Concept development and testing, where product concepts are elaborated in consumer terms and tested to get consumer reactions.
3) Concept testing involves presenting the product concept symbolically or physically to target consumers to understand benefits, value, and purchase intention.
This document outlines the new product development process. It discusses 7 steps: idea generation, idea screening, concept development and testing, business analysis, prototyping and market testing, technological implementation, and commercialization. Idea generation involves finding new product ideas from consumers or creativity techniques. Ideas are then screened and evaluated. Concepts are developed and tested with consumers. Business analysis assesses financial viability. Prototypes are tested and market testing is conducted before full commercialization. The process aims to successfully develop new products that meet market needs.
This document discusses several major Indian multinational companies across different industries. It provides details on Tata Motors and Mahindra in the automobile industry, Infosys, TCS, and Wipro in the information technology industry, ONGC in the energy industry, Dr. Reddy's Laboratories in the pharmaceutical industry, and Hindalco in the manufacturing industry. The document outlines key features of these companies such as revenue, profits, number of employees, locations of offices and manufacturing plants. It also briefly discusses the merits and demerits of multinational companies investing in India.
A multinational corporation (MNC) manages production or delivers services across national borders, with its headquarters in one country and operations in multiple other host countries. Top Indian MNCs listed on stock exchanges in the US include Infosys, Dr. Reddy's Laboratories, and HDFC Bank. While MNCs provide benefits like more jobs and competition, they can also move operations overseas, impact local cultures, and weaken economic sovereignty.
This document discusses multinational companies (MNCs) operating in India, including their growth and impact. It provides background on globalization and defines MNCs as corporations managing production or services across national borders. Several top Indian MNCs are profiled, such as Tata Group, which owns Jaguar Land Rover, as well as ONGC Videsh and Motherson Sumi Systems. Indian companies have increased their outward foreign direct investment and international mergers and acquisitions. While MNCs can spur employment, competition and exports, their rise may also lead to outsourcing, loss of economic sovereignty, and other issues.
This document discusses the role of multinational corporations (MNCs) in India. It provides background on MNCs, including their history and features. It then examines MNCs operating in India, their impact on the country, and a SWOT analysis. The roles of MNCs in India are also outlined, such as profit maximization and international marketing. While MNCs can increase investment, technology transfer, and exports, they may also acquire monopolies, underestimate local culture, and prioritize profits over host countries' interests. In conclusion, MNCs increase competition and employment opportunities in India.
Multinational corporations (MNCs) are companies that operate in multiple countries. They originated in the early 20th century and expanded greatly after World War II. MNCs have subsidiaries and operations in foreign countries, exercising control over policies across borders. While MNCs bring investment, jobs, and technology to host countries, they also face criticisms like manipulating markets and prioritizing home country interests. As India's economy grows rapidly, it attracts many MNCs in sectors like oil, infrastructure, and technology due to its large population and market. However, Indian MNCs expanding abroad face challenges in overcoming cultural and business differences.
This document provides an overview of international financial management and multinational corporations (MNCs). It discusses how MNCs expand business across borders to access resources. The international financial environment and foreign exchange markets enable trade, investment, and financing between countries. MNCs have objectives like expanding globally and lowering costs. India is an attractive location for MNCs due to its large market, low labor costs, and manufacturing potential. The document outlines the structure, advantages, and constraints of MNCs and their valuation considering international cash flows and exchange rate risk.
Indian multinational corporations face several major challenges when operating abroad, including competition from established local businesses and other multinationals, restrictions on foreign investment in some countries, and increased scrutiny and criticism of their activities. They must address issues like differing cultural values and business practices, ethical concerns, and political risks in order to successfully manage their operations overseas and strengthen their legitimacy and reputation. Adapting to these challenges requires a focus on reducing costs and risks, building competitive advantages, and creating mutually beneficial partnerships in different cultural contexts.
The document provides information about a marketing research project conducted on "Marketing Strategy for Increase Circulation" of Outlook Group magazines.
It includes the synopsis, objectives of the research which are to identify factors influencing customer purchase decisions and understand consumer behavior.
The research methodology adopted is explained which involves use of structured questionnaires for primary data collection from 150 customers. The scope of study covers customer expectations, brand offers, prices and impact of competition. Limitations include limited geographical coverage and reluctance of some respondents.
This document contains the resume of Soumya Ranjan Sahu seeking a role utilizing his 4.5 years of experience in consumer insights and market research. He has worked at Blueocean Market Intelligence, Nielsen India, and AZ Research Partners conducting quantitative research including segmentation, brand tracking, pricing research, and more for clients in FMCG, e-commerce, and other sectors. Soumya has received several awards for his work and client management skills.
This document provides an overview of pharmaceutical marketing. It discusses key topics such as marketing channels, goals of marketing, product life cycles, pricing methods, and the marketing environment. The goals of pharmaceutical marketing include raising brand awareness, generating traffic, increasing revenue, and tracking metrics. Pricing methods may include cost-based pricing, demand-based pricing, and competition-based pricing. A product's life cycle typically involves development, approval, introduction, commercialization, and decline phases. Marketing channels and environments are also important considerations for pharmaceutical companies.
The research brief outlines a quantitative study to measure the effectiveness of rural hygiene educational activations in Vietnam. The study will evaluate the impact of the activations on hygiene behaviors and key brand metrics for Lifebuoy and P/S before and after the activations. A total of 200 rural women aged 20-40 in North and South Vietnam will be surveyed. The research agency will submit a proposal, conduct a pilot study, and perform pre- and post-activation surveys to measure changes. Results will be delivered to help evaluate the success of the activations and guide future efforts.
A STUDY ON CUSTOMER SATISFACTION TOWARDS ROYAL ENFIELD BIKES Marketing 2018.docxSumitKumar801561
The document is a research report on customer satisfaction towards Royal Enfield bikes in Delhi-NCR. It includes an introduction, research design, company profile chapter outline, and limitations. The report was conducted by Abhishek Chauhan for their BBA degree, under the guidance of their professor. The objectives are to understand customer purchase reasons, experiences, barriers to purchase, factors affecting choice, and propose an effective promotional campaign. The sample includes 75 customers in Delhi-NCR and data is collected through primary and secondary research.
1. The document discusses various aspects of consumer behavior including the buying process, perceived risk, influence of family life cycle, new urban families, industrial consumer behavior, and differences between individual and industrial consumer behavior.
2. Key aspects of marketing research are covered such as the research process, design, analysis methods, and preparing the marketing research report. Different types of marketing research are also discussed including new product launch research, advertising research, customer satisfaction research, and competitor analysis research.
3. Distribution and retail store image research methods are summarized as well as how to understand results, draw conclusions and communicate findings in a marketing research report. The document provides an overview of important consumer behavior and marketing research concepts.
Our Capabilities_Market and Consumer Insights_CPG_V1.pptxssuser9f21ef
This document provides an overview of Netscribes' market research and analytics capabilities for CPG/FMCG clients. It outlines their solutions including tailored research, sales intelligence, competitive intelligence, sector reports, quantitative and qualitative research. It also describes their digital analytics solutions like social media insights, business intelligence dashboards, customer analytics and marketing analytics. The document shares profiles of some of Netscribes' global CPG clients and examples of projects conducted for them. It closes with contact information for Netscribes offices.
The document discusses the influence of marketing mix strategy on Zayurku's ready food business plan in Indonesia. It analyzes Zayurku's use of the 7P marketing mix strategy, which includes product, price, place, promotion, people, process, and physical evidence. The findings indicate that Zayurku's marketing approach utilizes both traditional and digital promotional elements. Customer satisfaction is expected from Zayurku's products and services due to their strong reputation resulting from their marketing strategy.
The document discusses the integrated marketing communications (IMC) planning process. It covers segmenting customers and markets, understanding competitors, setting communication objectives, determining budgets, and positioning products. The key steps in IMC planning include understanding the context, selecting target markets, defining objectives, and determining the appropriate mix of IMC components within budget constraints to meet strategic goals.
Consumer preference studies.Premraja N.pptxPremraja N
This document discusses the objectives of consumer preference studies. It notes that such studies are important tools for businesses to understand consumer behavior, analyze markets, develop new products, tailor marketing strategies, gain competitive advantages, inform pricing and brand positioning, mitigate risks, enhance customer satisfaction, forecast demand, personalize offerings, analyze trends, and help policymakers make informed decisions. The key objectives mentioned are understanding consumer behavior, conducting market analysis, informing new product development, guiding marketing strategy, achieving competitive differentiation, developing pricing strategy, mitigating risks, refining brand positioning, improving customer satisfaction, enabling demand forecasting, allowing personalization, analyzing trends, and aiding policy and regulation impacts.
The document discusses strategies to increase revenue for KFC in India. It provides background on KFC's operations in India, including developing a large vegetarian menu to appeal to India's large vegetarian population. Market research methods are described to understand customers and competitors. A SWOT analysis is conducted to evaluate KFC's strengths, weaknesses, opportunities, and threats. Other strategies discussed include promoting KFC's signature chicken products while expanding the menu, tailoring communications to different customer groups, and identifying internal strengths to develop an effective marketing strategy.
Below the line (BTL) activities conducted by BYJU'S helped increase their brand awareness and sales. BTL strategies are targeted communication approaches directed at specific customer segments. BYJU'S implemented various BTL tactics like direct marketing, sponsorships, and in-store promotions. These activities provided direct contact between customers and the brand, helped BYJU'S reach their target audience effectively, and increased brand credibility. Research found BTL activities to be more effective than above the line strategies at improving brand awareness for education companies like BYJU'S due to their targeted nature.
This document provides an overview of key marketing concepts for banks and financial services. It discusses the marketing concept, types of markets, and the evolution of modern marketing. It defines marketing and differentiates it from selling. The document outlines the 4Ps of marketing (product, price, place, promotion), as well as people, process and physical evidence for services. It provides details on various product, pricing, placement and promotion strategies relevant for banks. It also discusses the role of marketing information systems and the types of information needed for effective marketing.
'Conjoint analysis and its applications'.PlayerKumari
This document discusses conjoint analysis and its application for marketing products. Conjoint analysis is a statistical technique used to determine how people value different attributes or components of a product or service. It involves breaking products down into key attributes and measuring how people respond to different possible combinations. The document outlines how conjoint analysis works and how it can be applied for new product development, product optimization, market segmentation, and pricing insights. It concludes that understanding customer preferences through conjoint analysis is crucial for product success in today's competitive markets.
This document discusses reasons why new products fail and provides a framework to increase success rates. It defines new products and outlines the new product development process. Common reasons for failure include the product not being new to customers, lacking benefits, poor positioning, and inadequate return on investment. The proposed OEEM framework emphasizes organizational excellence, execution skills, consideration of external factors, and effective marketing mix strategy to reduce failure rates.
This document discusses key topics for business leaders to consider when developing strategies, including how to create an environment that drives innovation, analyzing future opportunities, and gaining a competitive advantage. It emphasizes understanding customers, competitors, and industry trends to formulate a strategy and outlines frameworks like PESTEL analysis, Porter's five forces, and the BCG matrix to evaluate the business environment and portfolio. The role of the leader is to communicate vision, motivate teams, set goals, and ensure outstanding results through strategic planning.
- Market Probe was founded in 1976 by T.R. Rao as a consulting company focused on market research.
- By 1985, it expanded into customer satisfaction and quality studies. It developed proprietary tools and software.
- It has since grown globally with offices worldwide and strategic partnerships. Today it provides customer and employee satisfaction services globally.
- In India, Market Probe launched operations formally in New Delhi in the late 1990s/early 2000s.
The document provides an overview of key marketing concepts including:
1) Marketing involves facilitating exchanges between parties where each party has something of value to the other. It can involve the marketing of goods, services, and other offerings.
2) Marketing takes place within environments including micro and macro factors that impact organizations.
3) The marketing mix, also known as the 4Ps, involves decisions around product, price, place, and promotion.
This project is an extensive research on the buying behavior of consumers for different brands of chocolates. It covers facts and figures and depicts all graphs of the companies. It begins with the introduction of industries. It covers some of the major strategies adopted by the companies like their pricing policy, sales promotion, and advertising policy, distribution policy etc. The project has been made interesting with the inclusion of the topics, which covers the 4P’s of marketing.
The major players in the sweet confectionary industry in India are Amul, Campo, Cadbury, and Nestle. They have a cut-throat competition among themselves. Whatever strategy is followed by one company, it is copied by the other to make themselves popular among the market too.
The document discusses the process of new product development, which includes market research, concept testing, prototype development, market testing, and product launch. It emphasizes the importance of market research to understand customer needs and identify opportunities. The development process then progresses through building prototypes, testing concepts with customers, and launching the new product in the market.
Hindustan Unilever Limited Marketing Strategies for rural and urban India for toothpaste, detergent and other markets. Comparison between already applied steps and possible steps.
a brief presentation on Indian Economy. this presentation will be very much helpful for beginner students of enonomics and civil service. This presentation is about India and its future. Where is Indian economy at present and where will be.
a brief presentation on Indian Economy. this presentation will be very much helpful for beginner students of enonomics and civil service. This presentation is about India and its future. Where is Indian economy at present and where will be.
Foreign Direct Investment, FDI, FDI Inflow, Multi Brand Retailing, Constitution of India vs Business, Right to Business, Budget 2014
budget 2014, constitution of india vs business, fdi, fdi inflow, foreign direct investment, multi brand retailing, right to business
The document discusses the Indian banking sector, including non-banking financial companies (NBFCs). It notes that robust demand, innovation in services, and policy support have contributed to growth in the sector. Some key points:
- Total banking assets in India are projected to grow from ₹90.12 trillion in FY12 to ₹1712.28 trillion in FY25, driven by rising incomes and the growing unbanked population.
- NBFCs play an important role by providing financial services to those without access to banks and by taking on higher risks than banks in sectors like infrastructure and SME financing.
- Major types of NBFCs include housing finance companies, investment companies
The document discusses the Family Life Cycle model developed in the 1960s, which segments families into stages based on age, marital status, career, income, and presence of children. It identifies seven common stages including young singles, newly married couples, families with young children, empty nesters, and widowed seniors. Understanding where families are in this cycle helps marketers identify their purchasing behaviors and target appropriate products. The document then provides an example of how Horlicks nutritional drink brand uses the FLC model to target different products to families at each stage, such as versions for breastfeeding mothers, children, and adults.
This document discusses social media marketing and how it has become a paradigm shift in marketing practices. It defines social media marketing as engagement with social media tools to generate exposure, opportunity, and sales. It discusses how social media allows for participatory and multi-way communication between brands and customers. The top 5 social networks are identified as Facebook, Twitter, LinkedIn, MySpace, and Google Plus in terms of unique monthly visitors. The document outlines the key components of a social media marketing system and process and lists common social media tools. It describes how social media marketing can build brand loyalty through conversation and dialogue on social networks while shifting power from brands to consumers.
The document summarizes social commerce (S-commerce), which involves using social media platforms to facilitate online shopping. It discusses four key forces driving S-commerce: 1) explosive growth of social networks like Facebook, 2) increasing time spent on social networks, 3) use of social networks to research products, and 4) merchant investment in social media platforms. It then provides examples of how some merchants are engaging in S-commerce, such as using shopping carts on Facebook, driving sales through daily deal sites, and promotional activities on social media. Finally, it introduces Socialify, a tool that integrates with Shopify to allow merchants to sell directly through their Facebook pages.
Career planning is a systematic approach to career development that aligns with an organization's strategic objectives. It involves both employee-centered career planning through self-assessment and counseling, and organization-centered career management using HR functions. Effective career planning requires a proactive employee and supportive HR practices like training and mentoring. It is also important for succession planning and developing an organization's talent pipeline. As organizations face changing business needs, career planning and succession planning must also transform to use objective assessments and be inclusive and transparent.
Knowledge is skills and information acquired through experience or education. Knowledge management is the process of utilizing knowledge through organizing, directing, staffing, controlling, and planning. It has applications in many fields including business administration, IT, libraries, computer science, public health, and public policy. Knowledge management requires capturing, organizing, providing access to, and sharing both explicit and tacit knowledge through technological conduits that enable systemic sharing based on trust. It aims to leverage knowledge as an intangible asset for innovation and wealth creation in a knowledge-based economy.
The document summarizes ITC Limited, an Indian conglomerate. It describes ITC's history, vision, mission, values and problem solving approaches such as triple bottom line and 360 degree appraisals. ITC aims to enhance stakeholder value through world-class performance while pursuing economic, social and environmental goals. Some of its initiatives include the e-Choupal program benefiting farmers and efforts to increase renewable energy use, afforestation, and reduce waste.
Green marketing a marketing practice with e-marketingKoushik Dutta
The document discusses green marketing and e-marketing. It defines green marketing as environmentally friendly and sustainable marketing that improves environmental quality while satisfying customers. It outlines the objectives of green marketing and challenges companies may face in adopting green strategies. The document also discusses the 4Ps of green marketing including packaging. It emphasizes that green marketing must avoid "myopia" by meeting customer needs. E-marketing is presented as a tool that can help promote green products through online channels like email, social media, search engines, and referrals.
The document discusses the question of whether vampires really exist by exploring both sides of the argument. It notes that some believe vampires could have been real people who were misdiagnosed as dead or acted strangely due to rabies. However, others argue that vampire stories come from fiction and there is no scientific evidence they exist. The document also considers a middle view that some historical accounts could suggest vampires may have been real. It then explores how vampires are described in folklore and debates their origins and global legends throughout history.
Prescriptive analytics BA4206 Anna University PPTFreelance
Business analysis - Prescriptive analytics Introduction to Prescriptive analytics
Prescriptive Modeling
Non Linear Optimization
Demonstrating Business Performance Improvement
Ellen Burstyn: From Detroit Dreamer to Hollywood Legend | CIO Women MagazineCIOWomenMagazine
In this article, we will dive into the extraordinary life of Ellen Burstyn, where the curtains rise on a story that's far more attractive than any script.
Enhancing Adoption of AI in Agri-food: IntroductionCor Verdouw
Introduction to the Panel on: Pathways and Challenges: AI-Driven Technology in Agri-Food, AI4Food, University of Guelph
“Enhancing Adoption of AI in Agri-food: a Path Forward”, 18 June 2024
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Cover Story - China's Investment Leader - Dr. Alyce SUmsthrill
In World Expo 2010 Shanghai – the most visited Expo in the World History
https://www.britannica.com/event/Expo-Shanghai-2010
China’s official organizer of the Expo, CCPIT (China Council for the Promotion of International Trade https://en.ccpit.org/) has chosen Dr. Alyce Su as the Cover Person with Cover Story, in the Expo’s official magazine distributed throughout the Expo, showcasing China’s New Generation of Leaders to the World.
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The Steadfast and Reliable Bull: Taurus Zodiac Sign
Indian and Foreign MNCs
1. Indian Vs. Foreign MNCs
From the perspective view of
CUSTOMER REQUIREMENTS & COMPETITIVE ONSLAUGHTS
Presenter
Koushik Dutta
School of Management Sciences
Bengal Engineering and Science University, Shibpur
5. Consumer Buying Behavior
1- Research
on
Consumer
behavior
2-
Identifying
the need
3-
Developing
Strategies
4- Deliver
needs to
customers
5-
Satisfaction
of needs
6. Microsoft’s investment in 2010, 2011 & 2012 respectively
$8.7 billion, $9.0 billion & $9.8 billion.
• Specific
identification of
needs
• Identifying
innovative
products and
services
• Identification of
cost reduction
techniques
R&D
• Specification of
strategies in order
to satisfy
consumer needs
• Innovative
product reduces
competition
Strategy
Making
• Increase customer
satisfaction
• Increase brand
image
Need
Satisfaction
Research & Developments- Market Research
7. Market Segmentation
Identifying target groups
Age, Sex
LOHAS Customers- Lifestyle of Health and Sustainability
Demographic Marketing Segmentation
Availability of market
Geographical consideration
Target group
8. Innovative Marketing Practices
Innovative Promotional Activities
Film Marketing - (Hyundai in Don2, BMW in In My City- Priyanka Chopra’s Album)
Social Media Marketing – Ads of foreign companies over Facebook,
Green marketing
Eco – Packaging
Green Technologies and Activities (Planet Ke Rakhwale- CSR)
Green Products (SAR & NOKIA)
12. Innovative Management Practices – Waste Management
Low-carbon, zero-waste business, new initiatives aimed at improving Recycling behavior and Infrastructure.
A new joint venture in France with PET recycler APPE to boost the capacity of its plastics reprocessing facility
by 70% and recycle an additional 20,000 tonnes of plastic into food-grade packaging per year.