The report outlines LouieINC's marketing strategy over 8 periods, focusing on core products in the Clinite and Nutrite markets while expanding their product assortment. It discusses segmenting, targeting, and positioning customers, managing their internal and external marketing environments, and strategically creating and managing products, services, and brands. Key tactics included balancing their marketing mix, conducting market research, benchmarking competitors, and adapting to consumer trends and preferences over time
this presentation pays attention to the to competitor analysis and how to conduct especially for an entrepreneur that's working on a shoe string budget.
this presentation pays attention to the to competitor analysis and how to conduct especially for an entrepreneur that's working on a shoe string budget.
SHODH- MARKET RESEARCH FOR ECONOMY HOUSINGArushi Verma
a Bengaluru-based market research agency has learnt that his proposal for carrying out a market research study for a new customer has been given assent.
A marketing Case Study of Natureview Farm, an organic yogurt manufacturer. This analysis was performed by E. Santhosh Kumar, IIT Madras, during an internship with Prof. Sameer Mathur, IIM Lucknow.
This report highlights the case study of jabong and what made it a successful online eCommerce portal. The report covers following information.
- Company's information
- SWOT Analysis
- Company's success factors
- Company's marketing strategy
SHODH- MARKET RESEARCH FOR ECONOMY HOUSINGArushi Verma
a Bengaluru-based market research agency has learnt that his proposal for carrying out a market research study for a new customer has been given assent.
A marketing Case Study of Natureview Farm, an organic yogurt manufacturer. This analysis was performed by E. Santhosh Kumar, IIT Madras, during an internship with Prof. Sameer Mathur, IIM Lucknow.
This report highlights the case study of jabong and what made it a successful online eCommerce portal. The report covers following information.
- Company's information
- SWOT Analysis
- Company's success factors
- Company's marketing strategy
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Palm Beach County Affordable PowerListingsFred G Slabine
Palm Beach County Affordable PowerListings is the provider of Digital Location Management software and solutions that assists small and medium size businesses leverage location-based technologies to drive foot traffic in your local stores.
Learn more at www.wdcep.com/business-in-dc/marketing-your-business/
Doing Business 2.0 is an education seminar that features content from the WDCEP's Doing Business in DC publication.
16th Jeddah Marketing Club (Cross Functional Brand Manager) by Dr.Mohamed Abo...Mahmoud Bahgat
16th Jeddah Marketing Club (Cross Functional Brand Manager) by Dr.Mohamed Aboelfadel
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1.A music school in Boyles Height, LA, specializes in teaching the g.docxmansonagnus
1.A music school in Boyles Height, LA, specializes in teaching the guitar and the violin. After a spurt in growth and a few successful years, the school is experiencing a slowdown in sales and stability in its profits due to an increase in competition. The school is in the ________ stage of its life cycle.
•
obsolescence
•
decline
•
growth
maturity
2.
Another basis for decision-making is referred to as ________.
•
ethical practices
•
correct ethics
•
ethical dilemmas
situational ethics
3
What are the four characteristics of a marketing audit?
•
Comprehensive, systematic, independent, and periodic
•
Announced, semi-annually, dependent, and perpetual
•
Dependent, non-comprehensive, quarterly, and unannounced
Simple, unique, randomly, and exclusive
4
With ________ as a target market strategy, the firm concentrates on serving many needs of a particular customer group.
•
market specialization
•
single-segment concentration
•
product specialization
selective specialization
5
A social definition of marketing says ______.
•
marketing is the process of extracting maximum value from consumers to facilitate corporate growth
•
marketing is the process by which individuals and groups obtain what they need and want through creating, offering, and freely exchanging products and services of value with others
•
effective marketing requires companies to remove intermediaries to achieve a closer connection with direct consumers
a company should focus exclusively on achieving high production efficiency, low costs, and mass distribution to facilitate the broadest possible access to the company’s products
6
Which of the following can induce a firm to expand into the international arena?
•
Cater to a domestic mass market
•
A saturated domestic market
•
High income level of domestic consumers
A saturated foreign market
7
Marketers must see themselves as benefit providers. For example, when a shopper purchases new shoes, he or she expects the shoes to cover his or her feet and allow him or her to walk unobstructed. This is an example of what level in the consumer-value hierarchy?
•
Augmented product
•
Pure tangible product
•
Basic product
Potential product
8
Through its cutting-edge point-of-sale inventory, management technology, and highly efficient shipping practices, Wal-Mart is able to keep its inventory expenditure extremely low and to pass these savings on to consumers in the form of low prices. Wal-Mart's strategy is best described as ________.
•
differentiation
•
integrative growth
•
market development
overall cost leadership
9
_______ is an approach that considers different ethnic and cultural segments require targeted marketing campaigns and tactics.
•
Multicultural marketing
•
Specialized marketing
•
Ethnic-based marketing
Diversity marketing
10
BMW's "The ultimate driving machine," American Express' "Don't leave home with.
1. Course: A56418
Industry: Albatross
Team: LouieINC
BU642 – Marketing Strategy
Wilfrid Laurier University – Toronto MBA
Vito DeFillippis | Aaron Lee | Louis Morin | Derek Suen
Professor: Professor: Dr. David L. Blenkhorn
markstrat
December 4, 2015
2. Marketing Strategy Overview
TACTIC MARKETING STRATEGY
•Focus on core products that generate both
revenue/ profit over 5 periods
Segmenting, Targeting, and
Positioning
•Balance marketing mix of advertising and
distribution in proportion to market
•R&D every other period
Internal Marketing Environment /
(COGS Management)
•Budget commercial/ merchandising and
benchmark to competitors External Marketing Environment
(Competitor Intelligence)•Invest 100% in market research studies to forecast
and manage inventory
•Operate in both Clinite and Nutrite market to
balance portfolio Strategically Creating and Managing
Products, Services, and Brands•Expand product assortment to capture all
consumers along the consumer perceptual map
5. Segmenting, Targeting & Positioning
• Clinite Market – All products target each consumer segment, and positioned to
their key purchase decision factor – price and efficacy
6. • Nutrite Market – Two products target three consumer segments, and
positioned to their key purchase decision factor – price and clinical
Segmenting, Targeting & Positioning
7. Internal Marketing Environment
• Balanced product assortment to manage COGS, marketing expenses, and
inventory holding costs to ensure each brand contributed to the bottom line
9. Internal Marketing Environment
• Cost evolution – Gross Margin rate held consistently over time averaging
between 36% to 41%
• Advertising expenditure in proportion to revenue
• Other Expenses (Research and R&D) controlled period over period
10. External Marketing Environment
• Competitive Intelligence –
benchmark against
competitors marketing
expenses by competing
product
• LIKE – top advertising
investment ahead of MINT,
NICE, SILK, SILK 2.0
• LIME – in line with MISS,
SING and ahead of RISE
11. External Marketing Environment
• Market Research Studies gave us insight and data on who was profitable, expenditures,
and R&D projects
• RockStar – highest profit in Nutrite in P6 benchmark to their standards for next round
• NESS/ Sabre – developing new product to enter market ensure our product position to
prevent new entrants and maintain share
12. Strategically Creating and Managing
Products, Services, and Brands
• Balanced products in both markets contributed strong revenue and margin to allow
up to $25M budget to invest into new opportunities
13. Strategically Creating and Managing
Products, Services, and Brands
• Bubble Chart shows representation of each consumer segment – targeting each
consumer captures additional customers – GOOD/ BETTER/ BEST
15. Rounds 1-2
• Focus on core products LIKE/ LIME (existing assortment) and target to
SINGLES and HIGH EARNERS
• Increase advertising expenditures to increase brand awareness and
influence consumer purchase intentions
16. • Developed a Nutrite Product (LU-ELD) to enter into the market to create
brand awareness – first mover advantage
• Launch secondary products to target Low Income and Affluent to capture
unserved markets
Rounds 3-4
17. • Benchmark and cost manage Nutrite against leader. Developed two
products to target Elders and Families/Health Conscious segments.
• Develop Clinite product to target Medium customers to steal market
share
Round 5-6
18. • Refine (R&D) all products to consumer’s preferences
• Invest heavily in Elders market to capture large spike and take loan out
to advertise
Round 7-8
19. • Have a Marketing Driven mindset towards this business challenge
• Strategically create (R&D), manage products (Clinite/Nutrite) and
services (merchandising/ commercial/distribution) and brands
(advertising).
• Evaluate your internal marketing and external marketing environment
• Cost management, advertising in proportion to product line and competitors
• Understand consumer market, trends, and preferences
• Always evaluate your business to be competitive and adapt to the market
Conclusion
20. BU642 – Marketing Strategy
Wilfrid Laurier University – Toronto MBA
Vito DeFillippis | Aaron Lee | Louis Morin | Derek Suen
Professor: Professor: Dr. David L. Blenkhorn
thank you
December 4, 2015