Positioning Although all Micromax products were towards the lower end of the pricing spectrum‚ the brand was focusing on adding more features at a reasonable price. The focus was more on value than price. Innovation‚ Cost-Effective‚ Credible and an Insightful R&D are given high emphasis at Micromax in the telecom vertical. Micromax based its value proposition out there‚ with extensive features vis-a-vis the big brands‚ of course with a low-price point with a target audience catering to the low-income
Premium Marketing Brand management Brand
STP analysis of Micromax. The strategic marketing planning process flows from a mission and vision statement to the selection of target markets‚ and the formulation of specific marketing mix and positioning objective for each product or service the organization will offer. Kotler present the organization as a value creation and delivery sequence. In its first phase‚ choosing the value‚ the strategist "proceeds to segment the market‚ select the appropriate market target‚ and develop the offer’s value
Premium Marketing
survey on Micromax mobile and complete a study that covers all important factors of consumer behavior. 1.2 Objective of Study * To apply our knowledge that we have gathered from Consumer behavior course into the report * To provide the overview of Micromax mobile * To measure the business value of Micromax mobile * To give possible recommendation for Micromax mobile 1.3 Scope of the report This report is created on the basis of what people think about Micromax mobile. For this
Premium Mobile phone Classical conditioning Short-term memory
involving the selling toothpastes‚ soaps‚ electronics‚ and automobiles are examples of monopolistic competition. ANALYSIS OF A COMPANY IN MONOPOLISTIC COMPETITION Company name: MICROMAX About Micromax Micromax is a consumer Electronics Company found in 1991 and based in Gurgaon‚ Haryana‚ India. It focuses primarily on the sale of Mobile phones‚ LED televisions as well as tablets. It has 23 domestic offices as well as offices in Honk Kong‚ Dubai‚ USA and also employs
Premium Supply and demand Monopoly Price elasticity of supply
McDonald’s The McDonald’s Corporation is the world’s largest chain of hamburger fast food restaurants‚ serving around 68 million customers daily in 119 countries across 35‚000 outlets.[5][6] Headquartered in the United States‚ the company began in 1940 as a barbecue restaurant operated by Richard and Maurice McDonald; in 1948 they reorganized their business as a hamburger stand using production line principles. Businessman Ray Kroc joined the company as a franchise agent in 1955. He subsequently
Premium Mobile phone Fast food restaurant
[pic] Marketing Project BM 2010-2012 Group 9 Product – Micromax Mobile CONTENTS a. Objectives i. Corporate Objective.........................................................................................3 ii. Marketing objective 1. Volumes & Profits...............................................................................4 2. Time frame.........................................................................................4
Premium Mobile phone Nokia
MARKETING STRATEGY AND MANAGEMENT OF MICROMAX CANVAS 2 A110 1. Introduction…………………………………………………………………………Pg 1 2. Key features and product pricing & situation analysis…………………………Pg 2 3. Environmental analysis consumer behavior in Indian market………………...Pg 3 4. Porter`s 5 force model……………………………………………………………. Pg 4 5. Integrated Marketing Communication tools……………………………………Pg 5-6 6. Identified problems and alternative solutions…………………………………...Pg 7 7. Conclusions and findings………………………………………………………… Pg
Premium Mobile phone Marketing
Environment Scanning 5 3.2.1. SWOT Analysis 5 4 Marketing 7 5 References 9 Introduction Micromax (Micromax Informatics Limited) is one of the leading consumer Electronics Company in India. It is a non-listed private limited company headquartered at Gurgaon‚ Haryana. The company is in the business of manufacturing Mobile Telephones‚ Data-Cards‚ Tablets‚ and LED Televisions. But in our study‚ we will be focusing mainly on the mobile handset business. Micromax started as an IT software company in
Premium Mobile phone
products already in the market * Promote extensively that longer meet market needs Micromax is an Indian consumer electronics company located in Gurgaon‚ Haryana‚ India. It is one of the leading mobile phone manufacturers in India as well as in the world. According to industry analysts‚ as of 2012‚ Micromax leads the Indian tablet market with a share of 18.4%‚ ahead of Samsung and Apple‚ and is the third largest mobile phone vendor in terms of volume. In Jharkhand first showroom opened at LL03 HARIOM
Premium Marketing Strategic management Business development
Micromax – The Story So Far Micromax Mobiles is one of the leading mobile companies in the World today. As given by the report of Strategy Analytic’s Global Handset Vendor Market share‚ Micromax is the 12th largest mobile brand in the World with a global market share of 1% and close to 8% market share in India. In the 2nd quarter of 2014 Micromax was able to defeat even the big giant Samsung in terms of mobile phone shipments to become India’s number 1 mobile vendor. As per the report by an independent
Premium Mobile phone Mobile phone Smartphone