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Strategic Brand Management
Series
Slide Presentation 1
By Suhas Wadwalkar
What the Gurus Say!
Peter Drucker Philip Kotler
Igor AnsoffTheodore Levitt
Tom Peters
Jagdish Sheth
C K Prahlad
The Gurus of Strategy
Kevin Keller
Albert
Humphrey
The Father of Strategic Management
Igor Ansoff
Developed
Product-Market Growth Matrix
a tool he created to plot generic strategies
for growing a business via existing or new
products, in existing or new markets.
Igor Ansoff
Ansoff’s Matrix
Consolidate current market position by
focusing attention and Initiating
marketing activities in the area of
competitive advantage
The strategy choice
Igor Ansoff
Build on existing knowledge to explore
new opportunities.
Invest in R & D, modifications, etc.
Example: Unilevers 3 in 1 dishwasher tablet to
replace salt, detergent & rinse agents
The strategy choice
Igor Ansoff
Extend current products to new markets,
new sales areas, segments, Uses.
Consider export or licensing.
Example : McDonalds spreading across the world
Igor Ansoff
The strategy choice
Horizontal diversification activities that are
complimentary to the company’s existing
activities.
Vertical diversification. Downward
integration leading to preceding
Stage of production & upward to the
succeeding stage of production
Conglomerate diversification where there
is no relation to the current business
activities.
The strategy choice
Igor Ansoff
Boston Consultancy Group
Created by Bruce Henderson
Used as an analytical tool in brand
marketing, product management, strategic
management and portfolio analysis.
Growth
Share
Matrix
The BCG Matrix
Relative market share
High
Low
MarketGrowthRate High
Low
High growth / high share
The ‘stars’ generate good income
although they consume heavy
resources.
Need to be supported as they have
the potential to become future ‘cash
cows’.
Eg. Chronic segment
The BCG Matrix
The BCG Matrix
Low growth / High share
These are called ‘cash cows’ which generate
more revenues than they consume.
Surplus revenues can be used to launch new
products and support them .
Eg. Unienzyme
High growth / low share
The problem kids consume lots of
energy but the return is meagre.
Need to be supported since they hold
promise of better future – Influenza
vaccine
The BCG Matrix
The BCG Matrix
Low growth / low share
The dogs are products with low share
and low market growth potential.
They tend to become loss makers in
future – Parenteral iron
The poet laureate of Marketing Academy
Known for the concept
‘Marketing Myopia’ & ‘Globalization’
He was the first guru to present his thoughts
on PLC management from its birth till
retirement
Theodore Levitt
Time Scale
Theodore Levitt
Product life Cycle Stages & Management
Sales
Product life Cycle concept & Management
Introduction stage
The demand needs to be ‘created’
Product needs to gain a foot hold in
the market Sales are slow & creepy.
Competition is limited
Theodore Levitt
Growth stage
Product acceptance gains ground
Sales start rising rapidly
Competitors enter the market
Product differentiation needs to be
established
Marketing efforts are stepped up
Product life Cycle concept & Management
Theodore Levitt
Maturity stage
Peak volumes are reached
Sales growth stagnates
Market gets saturated
Price competition intensifies
Profits are all time high
Customer services need to be stepped up
Product life Cycle concept & Management
Theodore Levitt
Decline stage
Product gets irrelevant at the market
place
Sales start dipping
Profits start declining
Innovation is required
Eg. New drug delivery systems
Need to look at possibilities of brand
extension
Product life Cycle concept & Management
Theodore Levitt
Multinational Marketing
M9
M10
M7
M1
M11
M3
M2
M8
M4
M5
M6
Theodore Levitt
Global Marketing
World
as 1 market
Theodore Levitt
Globalization or Glocalization?
The glocalized brand
Mr Humph of Stanford Research Institute
Known for his contribution to
‘SWOT analysis’ & ‘Stake holders concept’
SWOT is technique used to evaluate internal &
external factors involved in a project, venture
or product
Albert Humphrey
Threats
Internal
External
Albert Humphrey
What are we good at
and are doing well
Product quality
Profitable margins
Strong sales force
Powerful marketing
Wide distribution
Backward integration
Albert Humphrey
What are we not good at
and are not doing well
Poor product quality
Poor margins
Weak sales force
Sluggish marketing
Limited distribution
Inadequate backward integration
Albert Humphrey
Favorable events & trends
Market growth
Economic boost
Positive customer trend
Moderate competition
Scope to expand
Albert Humphrey
ThreatsUnfavorable events & trends
Market saturation
Economic meltdown
Negative customer response
Stiff competition
Government obstacles
Poor raw material availability
Albert Humphrey
By Suhas Wadwalkar
Strategic Brand Management
Series
To continue

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What the gurus say

  • 1. Strategic Brand Management Series Slide Presentation 1 By Suhas Wadwalkar What the Gurus Say!
  • 2. Peter Drucker Philip Kotler Igor AnsoffTheodore Levitt Tom Peters Jagdish Sheth C K Prahlad The Gurus of Strategy Kevin Keller Albert Humphrey
  • 3. The Father of Strategic Management Igor Ansoff Developed Product-Market Growth Matrix a tool he created to plot generic strategies for growing a business via existing or new products, in existing or new markets.
  • 5. Consolidate current market position by focusing attention and Initiating marketing activities in the area of competitive advantage The strategy choice Igor Ansoff
  • 6. Build on existing knowledge to explore new opportunities. Invest in R & D, modifications, etc. Example: Unilevers 3 in 1 dishwasher tablet to replace salt, detergent & rinse agents The strategy choice Igor Ansoff
  • 7. Extend current products to new markets, new sales areas, segments, Uses. Consider export or licensing. Example : McDonalds spreading across the world Igor Ansoff The strategy choice
  • 8. Horizontal diversification activities that are complimentary to the company’s existing activities. Vertical diversification. Downward integration leading to preceding Stage of production & upward to the succeeding stage of production Conglomerate diversification where there is no relation to the current business activities. The strategy choice Igor Ansoff
  • 9. Boston Consultancy Group Created by Bruce Henderson Used as an analytical tool in brand marketing, product management, strategic management and portfolio analysis. Growth Share Matrix
  • 10. The BCG Matrix Relative market share High Low MarketGrowthRate High Low
  • 11. High growth / high share The ‘stars’ generate good income although they consume heavy resources. Need to be supported as they have the potential to become future ‘cash cows’. Eg. Chronic segment The BCG Matrix
  • 12. The BCG Matrix Low growth / High share These are called ‘cash cows’ which generate more revenues than they consume. Surplus revenues can be used to launch new products and support them . Eg. Unienzyme
  • 13. High growth / low share The problem kids consume lots of energy but the return is meagre. Need to be supported since they hold promise of better future – Influenza vaccine The BCG Matrix
  • 14. The BCG Matrix Low growth / low share The dogs are products with low share and low market growth potential. They tend to become loss makers in future – Parenteral iron
  • 15. The poet laureate of Marketing Academy Known for the concept ‘Marketing Myopia’ & ‘Globalization’ He was the first guru to present his thoughts on PLC management from its birth till retirement Theodore Levitt
  • 16. Time Scale Theodore Levitt Product life Cycle Stages & Management Sales
  • 17. Product life Cycle concept & Management Introduction stage The demand needs to be ‘created’ Product needs to gain a foot hold in the market Sales are slow & creepy. Competition is limited Theodore Levitt
  • 18. Growth stage Product acceptance gains ground Sales start rising rapidly Competitors enter the market Product differentiation needs to be established Marketing efforts are stepped up Product life Cycle concept & Management Theodore Levitt
  • 19. Maturity stage Peak volumes are reached Sales growth stagnates Market gets saturated Price competition intensifies Profits are all time high Customer services need to be stepped up Product life Cycle concept & Management Theodore Levitt
  • 20. Decline stage Product gets irrelevant at the market place Sales start dipping Profits start declining Innovation is required Eg. New drug delivery systems Need to look at possibilities of brand extension Product life Cycle concept & Management Theodore Levitt
  • 22. Global Marketing World as 1 market Theodore Levitt Globalization or Glocalization?
  • 24. Mr Humph of Stanford Research Institute Known for his contribution to ‘SWOT analysis’ & ‘Stake holders concept’ SWOT is technique used to evaluate internal & external factors involved in a project, venture or product Albert Humphrey
  • 26. What are we good at and are doing well Product quality Profitable margins Strong sales force Powerful marketing Wide distribution Backward integration Albert Humphrey
  • 27. What are we not good at and are not doing well Poor product quality Poor margins Weak sales force Sluggish marketing Limited distribution Inadequate backward integration Albert Humphrey
  • 28. Favorable events & trends Market growth Economic boost Positive customer trend Moderate competition Scope to expand Albert Humphrey
  • 29. ThreatsUnfavorable events & trends Market saturation Economic meltdown Negative customer response Stiff competition Government obstacles Poor raw material availability Albert Humphrey
  • 30. By Suhas Wadwalkar Strategic Brand Management Series To continue