Thorr Motors Simulation Heather Sanchez MKT/421 July 20‚ 2011 Theodore Framan Perceptual maps help to improve a company’s current product on the market by mapping consumer expectation of the product. The motorcycle company Thorr Motors perceptual maps were used to create a marketing plan to aid in maintaining a high brand image of their motorcycles. This paper is based on the three phases in the Thorr Motors simulation. The situation‚ recommended solutions‚ and result for each phase will
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Background of Situation Thorr Motorcycles is a company that manufactures 200‚000 motorcycles a year. It also licenses T-shirts‚ shoes‚ leather goods‚ toys‚ and other consumer items. The company currently has a high-brand image manufacturing high-end motorcycles and owns approximately forty percent of market share. The challenge for Thorr is that the industry is growing‚ but sales of its high-end product are decreasing. The reason for this loss of market share is that the target
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Marketing" Simulation Lifestyle image is an important attribute to Thorr Motorcycles‚ Inc. because it can influence customer to purchase a Cruiser Thorr due to what it represents. The perceptual map is a visual representation of a customer’s opinion of the brand. The Lifestyle Image that the Cruiser Thorr represents is freedom‚ masculinity‚ and mobility. With the decline of sales‚ Thorr Motorcycles will need to change the consumer image in order to bring profits to the Cruiser Thorr again. Because
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CASE STUDY PRESENTATION Manisha Yadav BBA V BOEING’S PRODUCT DEVELOPMENT STUMBLE SONIC CRUISER Executive Summary… The case set up in 2003 is about BOEING‚ the world pioneer and leader in aerospace industry and their just one product stumble that cost them to run 2nd for the 1st time in a two horse race. They wanted to develop a high speed jet liner called SONIC CRUISER which could carry 225 passengers at close to the speed of sound and was referred to as “the next great
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Thorr Motorcycles: Perceptual Maps in Marketing Teri Ryan MKT/421 December 21‚ 2010 Ellis Jones Thorr Motorcycles: Perceptual Maps in Marketing Cruiser Thorr is a motorcycle modeled after Thor‚ the Norse God of Thunder. With its strong‚ honest and reliable product design‚ Thorr Motorcycles was able to embody the very ideas that their loyal customs live‚ which is a lifestyle of freedom‚ mobility. This paper will outline the Perceptual Maps in Marketing simulation by describing the situation
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Marketing: Thorr Motorcycles Thorr Motorcycles is a company plagued with waning sales of their products. Thorr must make some decisions to boost their sales. With the use of a perceptual map‚ Thorr will be able to develop a visual representation that will act as a guide to assist the company in regaining their sales and their place in the market. Thorr Motorcycles is suffering from decrease in the sales of the Cruiser Thorr. The company must create a market plan that would reposition Cruiser Thorr
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200kW/380Nm and torque of 271 lb-ft. FJ has luggage storage 66.8 cubic ft while the Jeep has 55 cubic ft. A Jeep has 2 doors in contrast to a Land cruiser which has 4 doors. In terms of standards of towing capacity‚ a jeep a 200lbs and maximum payload of 880 lbs whereas a Land cruiser has standing capacity of towing as 5000 lbs. A Toyota FJ Land Cruiser has advantage of monitoring pressure‚ airbags and seat fasteners for children. A Wrangler has fog lights at the front and lights for running during
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Stacy H. Smith Comm-384-7501 Dr. Misner April 20‚ 2014 Ethnography of Cruisers Biker Bar . To conduct an ethnography we formed a group of three‚ which consisted of Mic Cahla‚ Daniel‚ and myself. As a group we decided to do our ethnography on biker bars. We choose to go to Cruisers on Thursday‚ April 17 and again on Saturday‚ April 19. We also tried to meet at Curley’s prior to meeting at Cruisers on Saturday‚ but it was too cold and windy for anyone to be outside on the patio‚ and if
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year until 2015. Section II: Organizational Growth Opportunities 2.1) Environmental Opportunities The motorcycle market appeared to be full of opportunity in today’s market due to the increasing demand of the consumers who love bikes. However‚ cruiser market share is expected to increase the most in the motorcycle industry. This foreseen opportunity is due to the expansion of the market
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SIMULATION • WHAT is Simulation ? • WHY is Simulation required ? • HOW is Simulation applied ? • WHERE is Simulation used ? DEFINITION • Simulation is a representation of reality through the use of model or other device‚ which will react in the same manner as reality under a given set of conditions. • Simulation is the use of system model that has the designed characteristic of reality in order to produce the essence of actual operation. • According to Donald G. Malcolm‚ simulation
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