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MARKETING MANAGEMENT
Q1] Find why analyzing competitive environment is important for brand competitive like
coke and Pepsi which have engaged in the so called cola wars for decades.
Answer. Analyzing activity is important for all the brands if the two different
companies have the same similar product and also they are well known brand in
the market so it’s create perfect competition as with same Pepsi and coke has
the same product in the market but with the different brand name so they are
the perfect competitor for each other, the brands have been fighting each other
for more than a century. the analysing is very essential part for every company
what actually happened in the cola wars that is the coke and Pepsi are fighting
with each other in a very strategy manner they mostly fight through the
advertising the product the uses the different tact to advertise their brand, the
analysing help them in a very tremendous way they keep analysis the market
and only with the help of analysing they were getting many of idea how compete
and also to understand the strategies of their competitor. In the modern world of
technology and changing in the lifestyle of people the analysing help the
company to understand the need of the customer and known the taste of the
customer.
Q3] suppose you have visited/joined as a market researcher in an organisation. You have
been made responsibility for marketing intelligence of the organisation. What aspects
would you consider to ensure effective marketing intelligence of the organisation?
Answer: if I have the responsibility for marketing intelligence of the organisation
the aspect I could consider to ensure effective marketing intelligence of the
organisation that will be
Analysing is not simple as it looks and also implementing that is the biggest
challenges and risk for the marketing intelligence of the organisation.
First I will analysis the market and analysis at where the organisation stands,
after that I will understand the policy and the strategies of the company and
after that I will understand the market need and want of the customer and after
that I will compare the organisation strategies and the market need and try to
understand where the company is lacking after that try to do some changes in
strategy and then implementing them in a minor scale if the response will good
that I will implement the strategies in everywhere. So the analysing process is
the continuous process.
Q4] what approach a seller in the business market should take while targeting CISCO or
HCL as a buyer?
Answer: A seller is the one who sells the product and the buyer is the one who
purchase the product, selling the product is totally all about how the seller
convince and influence the buyer to purchase the product, so while selling the
product the seller must know the taste and wants and need of the buyer.
While targeting CISCO and HCL this are the top level companies so the seller
must know everything about that and how the seller presenting the product and
services to the buyer is very important
CISCO is a multinational company CISCO develop manufactures and
sells networking hardware, software, telecommunications equipment and
other high-technology services and products. As the CISCO is also the great
developer and manufacturer and CISCO itself a seller of networking
hardware, software, telecommunications equipment and other high-
technology services and products. As a seller while targeting CISCO the seller
must be ready with all the technical knowledge. CISCO is very reputed and listed
company so they demand and need for the best service and product from the
seller so the seller must be ready with their proposal and make them convinced.
as same with the HCL HCL Technologies Limited is an
Indian multinational information technology (IT) service and consulting company
as a seller he must be ready with all the offer and service to make HCL to buy
the service and product from seller.
Q5] prepare report on brand like Coca-cola & explain how they segment their market as
per the needs & preference of different sets of customer.
Answer: The Coca-Cola Company is an American multinational corporation, and
manufacturer, retailer, and marketer of nonalcoholic beverage concentrates
and syrups.
Coca cola is the well-known brand in the market the biggest competitor of coca
cola is pepsi the competition between both the company is very tough and hence
coca cola need to give and implement strong and power full strategy while
segmenting the market
On the other hand, Coca-Cola becomes a successful company and earns great
revenue, using its internal and external marketing strategies to overcome most
of the other competitors. The company also claims that innovation is at the heart
of everything they do and it is one of the reasons why they success. The report
aims to analyze the market segmentation for one of the world’s strongest brands
Coca-Cola and talks about the different market segmentation variables by
theories and practices in the company. Furthermore, the report discusses the
targeting and positioning of Coca-Cola Company, it also provides the market for
the organization is segmented for the company.
Coca generally focuses on advertisement to segment the market although the
company focus on whole population in the world, young generation is the target
marketed of the company and they also want to show their products with full of
youth and energy to their customers
Also the design of bottle and tins are in a very simple and easy to recogonized
and also the coca cola always give sponeorship in college event to grab the
attention of youth Coca-Cola is evolving its business strategy to become a total
beverage company by giving people more of the drinks they want –including low
and no-sugar options across a wide array of categories –in more packages sold in
more locations
Q6] Take any product of your choice and identify the target market of that brand. Reflect
it through diagram
Answer: PRODCUT – PATANJALI Patanjali is now the fast moving customer good
(FMGC) patanjali now a brand who spread all across the India and also available
in the out of India. Patanjali uses the best strategy to target the market. Target
market is essential for every business but implementing good Targeting market
strategy is very important for FMGC Company. The target market typically
consists of consumers who exhibit similar characteristics (such as age, location,
income or lifestyle) and are considered most likely to buy a business's market
offerings or are likely to be the most profitable segments for the business to
service. Once the target market(s) have been identified, the business will
normally tailor the marketing mix (4Ps) with the needs and expectations of the
target in mind. Market target is also implies the market segment strategies.
Market targeting and segmenting is one of the same
Age
Market
location income
target
lifestyle
Age: patanjali target the age factor in such a way that the product is also
available for all the different age factor. The patanjali product is also for the new
born children and also for senior person. like for example the children products
like baby soaps, diapers paints powder etc is also available for the children, and
also patanjali target the youth market patanjali understand the need and want of
the youth in colleges or may be working professionals the products like face
wash etc. and the product is also available for the old age senior person. So in
such a way patanjali target the age market strategy
Income: in India there are half of rural area who have less income source they do
not spend lots of income in the health product and sometimes they think too
much while spending money on cosmetics daily soaps so the patanjali launched
the product in very reasonable price so every individual with less income can
also effort that,.
Lifestyle: life is the very important aspect lifestyle every individual gives impact
on the products because every product or services must follow as per the market
trends and lifestyle sometime lifestyle of an individual also varies as per the
family background and society so patanjali adopted the best tricks and strategies
to target the lifestyle of every individual.
Location: Location means the availability of the product in the market the
patanjali target the modern cities and the location which is nearby to the crowed
area as well those such area nearby the supermarkets. And now a day we can
see the patanjali outlet in the every cities of India in such a way that the
patanjali applied and implemented the target market strategy
Q7] Take any brand & analysis its performance by applying the porter’s five force model.
Answer: The porter five force model helps to identify the competitive market it’s
also the help for increasing the productivity and retention of the product. Is a
framework for analyzing a company's competitive environment. The number and
power of a company's competitive rivals, potential new market entrants,
suppliers, customers, and substitute products influence a company's profitability.
This are the porters five force models the explanation as follows:
By innovating new products and services. New products not only brings
new customers to the fold but also give old customer a reason to buy Harley-
Davidson, products.
By building economies of scale so that it can lower the fixed cost per unit.
Building capacities and spending money on research and development.
New entrants are less likely to enter a dynamic industry where the established
players such as Harley-Davidson keep defining the standards regularly. It
significantly reduces the window of extraordinary profits for the new firms thus
discourage new players in the industry.
Bargaining Power of Suppliers:
Buyers are often a demanding lot. They want to buy the best offerings available
by paying the minimum price as possible. This put pressure on Harley-Davidson.
Profitability in the long run. The smaller and more powerful the customer base is
of Harley-Davidson. The higher the bargaining power of the customers and
higher their ability to seek increasing discounts and offers.
When a new product or service meets a similar customer needs in different ways,
industry profitability suffers. For example services like Drop box and Google
Drive are substitute to storage hardware drives. The threat of a substitute
product or service is high if it offers a value proposition that is uniquely different
from present offerings of the industry.
How Harley-Davidson. Can tackle the Treat of Substitute Products / Services
If the rivalry among the existing players in an industry is intense then it will drive
down prices and decrease the overall profitability of the industry. Harley-
Davidson. Operates in a very competitive Recreational Vehicles industry. This
competition does take toll on the overall long term profitability of the
organization.
How Harley-Davidson. Can tackle Intense Rivalry among the Existing Competitors
in Recreational Vehicles industry
By analysing all the five competitive forces Harley-Davidson. Strategists can gain
a complete picture of what impacts the profitability of the organization in
Recreational Vehicles industry. They can identify game changing trends early on
and can swiftly respond to exploit the emerging opportunity. By understanding
the Porter Five Forces in great detail Harley-Davidson, Inc.’s managers can shape
those forces in their favour.
This are the hardly Davidson companies porter five force model and how
can they tackle it’s also be past of organization.
Q8] By taking example of any of the particular brand & study the various promotional
strategies that is adopted by them to reach the message.
ANSWER: the brand Bisleri uses the television promotional add and the aim of
the brand is to deliver the message that ‘Har Paani Ki Bottle Bisleri Nahin’. So the
Bisleri is back with the second phase of the campaign ‘Har Paani Ki Bottle Bisleri
Nahin’ (every bottle of water is not a Bisleri). This follows the successful launch
of the campaign last year. The endearing Bisleri camels will be seen in a new
avatar with their message of safe, packaged drinking water. Once again, the
campaign reminds you to choose the safest packaged drinking water, by
choosing Bisleri and not just any bottled water. The camels were first introduced
last year where we saw them turn the tables on a wily shopkeeper who tries to
pass off some other brand of bottled water as Bisleri. The second phase conveys
the story of a mother and her baby camel where the mother insists her baby
drinks only Bisleri and does not settle for any other source of water. A mother
always wants the best for her child and will go to any extent to ensure the child’s
safety. In the third film titled Heist, we see a caravan of camel-dacoits who hold
up and loot a Bisleri truck as they get ready to throw a party. Through the
second phase of the campaign, Bisleri aims at reinforcing its consumers trust in
brand Bisleri.
So in such a way bisleri uses the strategies and promote the brand with the good
message.
Q9] Explain TATA (different business unit of TATA) in the BCG matrix.
ANSWER: Basically BCG matrix is used to help corporations to analyse their
business units, that is, their product lines. This helps the company allocate
resources and is used as an analytical tool in brand marketing, product
management, strategic management, and portfolio analysis.
TATA BCG matrix:
Stars: Indian Hotel Company limited (IHCL), Branded as Taj group, is a chain of
hotels and resorts which was incorporated by the founder of the tata group this
company is a part of tata group, one of india’s business conglomerates. As of
2015, Taj group operates 108 hotels across india and 17 hotels in the UK, USA,
Africa Maldives, Malaysia, Bhutan, Sri lanka and the middle east.
Tata steel limited (formerly tata iron and steel company limited (TISCO) Is and
indian multinational steel-making company it was the 11 th largest steel producing
company in the world in 2013, with an annual crude steel capacity of 25.3 million
tonnes
Tata motors limited (formerly TELCO, short for Tata Engineering and locomotive
comoany) is an indian multinational automotive manufacturing company it Is the
world’s 17th- largest motor vehicle manufacturer company, fourth – largest truck
manufacturer, and second- largest bus manufacturer by volume its products
includes passenger cars, trucks, vans, coaches, buses, construction equipment
and military vehicles.
Tata Power – tata power is an indian electric utility company based in Mumbai,
Maharashtra, india and is part of the tata groupIt is india’s second largest private
power producer the core business of the company is to gnerate, transmit and
distribute electricity with an installed electricity generation capacity of about
8.747 MW
Question Marks: Tata communications limited is a global telecom company
owned by the indian business conglomerate tata group tata communication alos
hold stake in tata teleservices limited, the 6th largest mobile services provider In
india with 62.57 million subscribers in april 2015. The company’s infrastructure
includes sub-sea, terrestrial communications networks, data center and it
provides
Tata teleservices limited (TTSL) is an indian broadband and telecommunications
services provider it operates under the brand name Tata Docomo in various
telecom circles of india.
CASH COW: Tata Global Beverages limited (formerly Tata limited) is an indian
multinational non-alcoholic beverages company headquartered in Kolkata, west
Bengal, india and a subsidiary of the tata group it is the world’s second-largest
manufacturing and distributor of tea and a major producer of coffee tata global
beverages markets tea under the major brands tata tea, Tetley, good earth teas
ad JEMCA.
Trent Ventured established in 1998 and part of the tata group, trent operates
westside, one of indian’s largest and fastest growing retail chains; star bazar, a
hypermarket chain and landmark a family entertainment format store.
Tata consultancy services Limited (TCS) is an indian multinational information
technology (IT) service, consulting and business solutions company
headquartered in Mumbai, Maharashtra
Titan the company was established in 1984 as a joint venture between tata and
the tamil nadu industrial development corporation
DOG: passenger vehicle and light vehicle segment of tata motors are in the
position of dogs in BCG matrix. They are having only 10% market share in
comparison to maruti Suzuki which is the leader of this segment in market with
45% market share
Q10] Apple is one of the most widely respected & valued brand that have successfully
maintained some of the top most margins in the industry with a high level of brand
loyalty. Using the internet, find what steps the organisation takes for developing a new
product.
ANSWER: Apple is prestige brand and it’s also a standard product. Apple already have created the
brand image in the market so that the existing user always wait for the new product to launched and
also they wait to upgrade with the upcoming series and even the other user also eagerly waiting for
the apple new device and phone to be launch. So all this matter a lot to apple to full the customer
expectations. Apple phone has the unique feature and technology apple never compare its product
with other brand that is the speciality of apple in the market. So apple always try launches his
product is every year only one product this is the strategy of launching his product by keeping gap in
a year so its help apple to service the maket a
Q.11) Take a product that is in its maturity stage (example laptop, TV, gas, electric
hybrid vehicles etc.) discuss the promotion strategy for the products.
Answer : In today’s generation the laptop gas electric hybrid vehicles its basic
need of a peoples. The laptop and the electric gas this are the products that
dominating the markets the hybrid electric vehicles is mostly use in the city
area also the electric gas use in the city area mostly.
Product maturity strategies When your sales peak, your product will enter
the maturity stage. This often means that your market will be saturated and
you may find that you need to change your marketing tactics to prolong the
life cycle of your product
price the product or service as high as you believe you can sell it, and
to reflect the quality level you are providing
market modification –
product modification –
During the end stages of your product, you will see declining sales and
profits. This can be caused by changes in consumer preferences,
technological advances and alternatives on the market. At this stage,
you will have to decide what strategies to take. If you want to save
money, you can:
maintain the product and wait for competitors to withdraw from the
market first
Many businesses find that the best strategy is to modify their product
in the maturity stage to avoid entering the decline stage. Find out more
about product life cycle - decline stage.This some of teqniques and
straggles that can we apply when our product is in the maturity stage
this can help us to increasing profit and customer relation and the
productivity.
Q12) List the two purposes served by service marketing in an organization.
This some of the main point of the service marketing and the purposed
of the service marketing.
Q.13) Take example of an organization and find out which method it has adopted to
reposition is brand in the market?
Answe : We take an example of coca cola brand and find out how can coca
cola is manage to repositions their market place after a lot crises and threats
that happen in coca cola industries let’s see. Coca-Cola, or Coke, is a
carbonated soft drink manufactured by The Coca-Cola Company. Originally
marketed as a temperance drink and intended as a patent medicine it was
invented in the late 19th century by John Stitch Pemberton and was bought
out by businessman As a Griggs Candler, whose marketing tactics led Coca-
Cola to its dominance of the world soft-drink market throughout the 20th
century? The drink's name refers to two of its original ingredients: coca
leaves, and kola nuts (a source of caffeine).The current formula of Coca-Cola
remains a trade secret although a variety of reported recipes and
experimental recreations have been published. Company problem that harm
company’s market position: On august 5, 2003attacted by centre of science
andenivarmenttwelve major cold drinks brand sold in and around Delhi
contain a deadly cocktail of pesticide residues test done of samples of 12
cocacolabrandscontains 30-36 times the global standaredof pesticides
residuecuase disease such as cancer birthdefeet and severe disruption of the
immunesystam among other health conditions. Company challenges
This are the company main problem and crises happen in the company that
attack their brand reputation of the company so what company do to
reposition their reputation their brand name there market place as it follows,
The coca cola first focus on this main point to reposition their market place.
Found the problem: The first step that coca cola and there coo is given that
the found the problem that happening in the company. the problem is
attacted by centre of science andenivarmenttwelve major cold drinks brand
sold in and around Delhi contain a deadly cocktail of pesticide residues test
done of samples of 12 cocacolabrandscontains 30-36 times the global
standaredof pesticides residuecuase disease such as cancer birthdefeet and
severe disruption of the immunesystam among other health conditions. This
coca cola problem or crises now they want to sall this problem vary soon to
reposition their position. What exactly happen these crises? The next step
that coco cola done is that the analyses the problem and then sall it they
decide to find out the’s real problem or the crises that happening the
industries. after that the biggest challenge of the coca cola company is their
respects their reputation has been spoiled due to the crises how they can
sallied it and reposition their place in market.
This is those struggles and point that is coco cola do and they come with
huge changes and capture the whole market in vary lees time again. and
reposition their market place. hats coca cola for everyone.
Q.14) Explain ITC and create a chart of extensions that it for made in its business under
a particular brand?
Answer: Input Tax Credit or ITC is the tax that a business pays on a purchase
and that it can use to reduce its tax liability when it makes a sale. In other
words, businesses can reduce their tax liability by claiming credit to the
extent of GST paid on purchases.
Input credit means at the time of paying tax on output, you can reduce
the tax you have already paid on inputs and pay the balance
amount. ... This mechanism is called utilization of input tax credit.
For example- you are a manufacturer any company Tax payable on
output (FINAL PRODUCT) is an itch.
80
100
120
Now see the D-mart itch report and made an execution charted hul
company. Hindustan uliliver is the large number of FMCG companies
HUL is one of the leading companies offering many products and hence
a wide price range. Since HUL is the market leader in all segment.
Sep-18
Jun-18
net sales
Mar-18 pbit
net profit
Dec-17
Sep-17
0 10 20 30 40 50 60
.This is Hindustan unilever ITC (FMCG-OTHERS) execution chart in rest
billion.
Q.15) Look for a product that has been launched in the market recently.make a note
of the price that has been fixed for this product. Try to find out factors that led to
fixing the price of the product at the given level. Also comment what would the
happen to products demand, the price is increased or decreased?
Now look at the recently launched honor mobile that is honor 9x in January
2020 .in market there are very positive review for this mobile just because
the honor company it’s not a very big or branded company but still they
produce the this very good type of products for the their customer in the vary
chief rate.
The honor 9x price in India is a 19000-20000 just because the this company
produce the good smart phones for haired customers and give the best
quality and service at my point of view this price is ok for that type of the
product.
They product have the hon6.our 9x mobile sports has a 6.59 inch display the
biggest positive in that phone is that the phone is the gaming phone specially
designed for gaming so their display must be big. and it’s also provided the
HD resolution. for the best experience and gaming everyone want a more
ram the honor give the 6gb ram in honor mobile its very good for anyone.
The biggest advantage and reason beyond its high price is that
the camera of the honor 9x mobile and the battery life the honor 9x has 48
megapixel primary sense an 8 megapixel ultra wide lens and 2 megapixcde;
depth sensor and it’s also have the pop up camera so this is the main
functions that honor 9x mobile have this why the price is 19000-20000 but
still lees price.becuse the mobiles vary good their look is very good the best
mobile in market right now. this the main function they have its good to
spent money on that phone.
Now see what happened in next period of time with this mobile in my point of
view the price has been decreased of its mobile but there supply may be
constant or little less. The reason beyond the price decreed of this mobile just
because others company like vivo oppo and the Samsung the vivo Samsung
it’s vary huge mobiles company that capture the whole word market. the vivo
give the same function in 12000-13000 mobile phone so why people
purchased honor mobile the Samsung company gives the vary good
performance phones to customer the vivo and Samsung company launched a
new phone in every one or 2 months time period. so it’s difficult to stay on
one product .so in my point of view the price is be decreased of honor 9x and
also their sales decreased due to condition.
This is the some point that shows the why honor 9x is good mobile and why
their price is descried and their demand also decreased in future.