Service analysis the strategic marketing decision to be made by the financial services company: Intuit. This presentation looks at various factors of marketing and marketing tools and how they would apply to Intuit
4. “Improving people’s financial
lives so profoundly that they
can never imagine going back
to the old way”
Mission Statement
• What: Improving people’s financial lives
• Who: People(dealing with finances)
• Why: So they never have to go back to the old ways
7. Success
Requirements
• Paradigm Shifts – Innovation
• Operating Values – Guiding decisions
• Entrepreneurship – Small team leadership
• Customer Driven Innovation – listening to customer
insights
8. SWOT Strengths Weaknesses
Opportunities Threats
• Large variety of software
• High focus on research and development
• Presence in growing countries (India, China)
• High customer base for QuickBooks
enterprise solution
• Strong brand name and employee base of
8,200
• Inability to transfer to some other
geographical locations
• Geographic concentrations (too reliant on
certain areas)
• Low market share
• Inability to maintain online presence
• 488 mil. Debt.
• Intense competition
• Slowing economy (in some countries)
• Low cost competitors (web-based)
• External changes(regulations)
• External technological innovation
• Emerging technological markets
• Financial services moving online
• Growing number of companies
9. Medium High Critical
Low Medium High
Very Low Low Medium
Occurrence
low medium high
low
medium
Impact
high
• Businesses stop using financial
software
• Web system crash
• Server overload
• AI taking over financial
processes such as accounting
Issue Priority Matrix
14. Positioning
We believe in the people who do
things – the hat jugglers, the to-do list junkies,
the masters of getting it done faster, better and
more efficiently than ever before. Whether that's
balancing the household budget, running a
business or paying taxes.
We believe in
these people
because we are
these people.
Innovating. Empowering. Delighting.
Intuit believes in the power of the individual. The power to do more. To make more. To be more.
16. Branding
Strategically important to create the One Intuit Ecosystem
Mind (data) & Heart (trust) share
Company is dealing with sensitive information
Major risk factor
Trust is crucial
All the products are trademarked and branded “intuit”
17. Branding
Personality: innovative, seamless & trustworthy
Intuit is…
Simplification of the business of life
for small businesses, consumers and accounting professionals.
19. References
• Cave, A. (2017). Intuit boss: ‘Our vision is to make the things we do for you disappear’. [online] The
Telegraph. Availableat: http://www.telegraph.co.uk/business/2017/04/23/intuit-boss-vision-make-
things-do-disappear/ [Accessed 15 Oct. 2017].
• Investors.intuit.com. (2017). The 30-year-old Startup: How Intuit's Innovation Engine Thrives. [online]
Available at: http://investors.intuit.com/Press-Releases/Press-Release-Details/2013/The-30-year-old-
Startup-How-Intuits-Innovation-Engine-Thrives/default.aspx[Accessed 15 Oct. 2017].
• Intuit.com. (2017). Corporate Profile - Intuit. [online] Availableat:
https://www.intuit.com/company/profile/ [Accessed 15 Oct. 2017].