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BUSINESS or PERSONAL?
Case Perspectives on:
1. Marketing in Business
2. Company, Competition, Customer
3. Personal vs. Corporate Ethics
4. Small vs. Big Business
5. Intersection of business and personal
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Some time ago, in New
YorkâŠ
⌠A boy and a girl met
⌠And liked each other
⌠Through the internet
⌠Life was simple
⌠since theyâve never metâŠ
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Fate made life a bit
difficultâŠ
⌠Kathleen Kelly had a boyfriend
⌠Inherited 1 bookstore from her mom
⌠âShop Around the Cornerâ
⌠Joe Fox had a girlfriend
⌠Runs a chain of bookstores for his family
⌠âFox Books Superstoreâ
⌠Their businesses would competeâŠ
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Look out forâŠ
⌠Differences between
⌠Bookstoresâ Marketing Strategy
⌠Responses to competition
⌠Ethics of 2 business owners
⌠Recommend action
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Prepare For Class Discussion
After Part 1 of the Movie
1. Analyze the marketing strategy of âShop
Around the Corner SATCâ?
a. What did it do right?
b. What did it do wrong?
2. How can SATC survive competition?
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Situation:
Itâs just businessâŠ
Young, aggressive, âFox Books Superstore (FOX)â
is opening beside
40 yr old, traditional âShop Around the Corner (SATC)â
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Some local analogies
David vs Goliath!
National Bookstore
vs. bookstore in-school
vs. Powerbooks
vs. encyclopaedias sold one on one
vs. Amazon
vs. pirated free books in the internet
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Vcoach Serves @ www.BongDeUngria.com
7 Unethical Situations?
1. Ethical or Unethical?
2. If still ethical, what can move it to unethical
status?
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Vcoach Serves @ www.BongDeUngria.com
1 Fox bookstore purchased
Citybooks inventory at
âbargain priceâ after
Citybooks was forced to
close. Note that New York
authors used to sell their
books in Citybooks.
Did Fox have a tactical or
strategic reason to do this?
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Vcoach Serves @ www.BongDeUngria.com
2 Joe Fox with 2 children
visiting Shop Around The
Corner without openly
declaring that they were
competitors
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Vcoach Serves @ www.BongDeUngria.com
3 Fox announcement:
â Opening Around the
Cornerâ vs. â Shop Around
The Cornerâ
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Vcoach Serves @ www.BongDeUngria.com
4 Giving away free
cappucino (free legally
addictive stimulant) to
attract shoppers during
the Fox store opening.
Offering very low book
prices that SATC cant
match
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Vcoach Serves @ www.BongDeUngria.com
5 Joe Fox knew that Shop
Around the Cornerâs annual
revenue was $350,000
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Vcoach Serves @ www.BongDeUngria.com
6 Joe Fox taking away all
the caviar/ icing on the
cake without leaving those
who will come after him
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Vcoach Serves @ www.BongDeUngria.com
7 Book author who had a
prior agreement to do
booksigning at Shop
Around the Corner â did not
admit that she was signing
for Fox and no longer with
Shop Around the Corner
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For Class Discussion
1. Analyze the marketing strategy of âShop
Around the Corner SATCâ?
a. What did it do right?
b. What did it do wrong?
2. How can SATC survive competition?
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Vcoach Serves @ www.BongDeUngria.com
What did SATC do right?
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Vcoach Serves @ www.BongDeUngria.com
What did SATC do wrong?
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Vcoach Serves @ www.BongDeUngria.com
How Can SATC
survive competition?
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Vcoach Serves @ www.BongDeUngria.com
More Unethical Situations?
1. Ethical or Unethical?
2. If still ethical, what can move it to unethical
status?
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Vcoach Serves @ www.BongDeUngria.com
8 One sided TV interview
feature of Joe Fox and
Kathleen Kelly
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9 TV Interview of
Kathleenâs boyfriend
(journalist) where he sided
with Shop Around the
Corner. He also wrote an
article on the newspaper
siding with SATC