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BU5553 Strategic
Marketing
Course Co-ordinator: Mr Russell Williams
ECOUTE
Submitted by
GROUP 5: Firm 3
Kumar Shermeen
Konduru Madhusudhan
MankarAarati
Prajwal Mithun
Warrier Aravind
Competitors:
1. Interpreto
2. Voice-Tech
3. Crystal.
Market Segments
1. Modern Students : (20)
2. Home Producer : (15)
3. Harried Assistants : (25)
4. Commercial Artists : (10 )
5. High-Tech Managers : (22)
6. Concerned Parents : (8)
Present scenario
Dependencies between different variables
Targeted Market
Product market Share
Pricing Features segment
Spl Commands 8
Error Pr 3
Ease of Learning 3
Market Segments and Market share in last 3 years.
R & D Investment
Calculation of wholesale price
Product features :
Special Commands : 8 - 12
Error Protection :3–4
Ease of Learning :3–3
Focus on Channels.
Results of Period 1
2nd in Market share. Profit: $ 720, 903
Period 2 : Decisions
Indirect Advertising.
Differential Price.
Focus on customer service.
Results of Period 4
Period 5 : Decisions
Exclusive
Selective
Intensive
% Increase in sales from P 2 to 5 Net profit over 5 periods
Marketing Memo : Ecoute
Marketing High Medium Low
1.Company Reputation *
2.Market Share *
3. Customer Satisfaction *
4. Customer Retention *
5.Product Quality *
6.Service Quality *
8.Distribution Effectiveness *
Manufacturing
1.Facilities *
2.Economies of Scale *
Organization
2.Entrepreneurial orientation *
3.Flexible or responsive *
Statistics of all variables over 5 periods
Wholesale Price 135 135 160 160 160 160 190 170 190 170
Strengths :
1. Profit in terms of $
2. Target Market
3. Market share in P5
4. Customer service
Weakness:
1. Inappropriate channel distribution
2. Lack of uniqueness.
4. Lack of market research.
Opportunities:
1. Shifting to new market segments.
2. Business and Product development.
Threats:
1. Voice-Tech and their marketing mix
2. Dependency on Channel 1.
3. Price wars with competitors
Conclusion