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Market Development Dr Andrew Hirst Room 9420 Lecture 6
Market Development Dr Andrew Hirst Room 9420
Market Development Dr Andrew Hirst Room 9420
Is there a market ,[object Object],[object Object]
Do we need a better Mouse Trap ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Key questions ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
New product 'Newness' ,[object Object],[object Object],[object Object],[object Object]
New product 'Newness' ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Product Life Cycle
Basic Product Lifecycle
Life cycle curve Time Sales volume
Life cycle curve Time Sales volume
Life cycle curve Time Sales volume Introduction
Life cycle curve Time Sales volume Introduction Growth
Life cycle curve Time Sales volume Introduction Growth Maturity
Life cycle curve Time Sales volume Introduction Growth Maturity Decline
Life cycle curve Time Sales volume Introduction Growth Maturity Decline Product adaption
Marketing on the PLC
Quick Note on Portfolio Analysis ,[object Object],[object Object],[object Object],[object Object],[object Object],The Boston Consulting Group Box
Life cycle curve Time Sales volume Second product First product
What influences the P.L.C? ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
The problems with the Lifecycle ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Energy Drinks Market  ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
1980's  ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
1990's ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
To date  ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Lucozade Lifecycle Lucozade  Launch 1929 Lucozade re-launch 1985 Red Bull 1995 Red Bull Cola  2009 Introduction Take Off Growth Maturity Significant new entrants niche  products  and NPD Very little competition customer needs not explored Gatorade 1965 Benefit to Sport identified in US Lucozade product range  expands  to meet new needs Cola  drinks Coke vs Pepsi
Current Market ,[object Object]
Marketing  ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Marketing’s role is to Understand ,[object Object],[object Object]
Differentiation - i.e. doing something different ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Energy Drink Markets ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Emerging variant ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Mintel report ,[object Object]
Idea generation ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
The Four P's five C's ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Product ,[object Object],[object Object],[object Object],[object Object]
What is a Product? ,[object Object],[object Object],[object Object],ref: Kotler
My Product idea - Drinks for Drivers ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Is this an opportunity for me??? ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
The Venture Matrix  ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
What is a service? 4 P's + Product Place Promotion Price
Summary ,[object Object],[object Object],[object Object],[object Object]
Sustainability  ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Back
Facts about energy ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Back
Lucozade ,[object Object],[object Object],[object Object],[object Object],[object Object],Back
Gatorade ,[object Object],[object Object],[object Object],[object Object],[object Object],Back
Pre-Energy Sector ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Back
Supermarket Product Range Back
Back

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