Preview

BMA610 case study

Satisfactory Essays
Open Document
Open Document
803 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
BMA610 case study
Maersk Line Background
Maersk Line is the world’s largest container shipping company
Maersk group: APM Terminals, Maersk oil and
Maersk Drilling
Maersk Line had 15 to 17 percent of the market share worldwide
Key
competitive advantages: reliability, simplicity, and focus on the environment

Problem identification and analysis
Market share is too low:
Customer engagement is very low, the main reason to cause the problem is lack of interact with customers. Face challenge from competitors:
Customer relationship management(CRM) is very poor, the company cannot guarantee long-term cooperation with customers, it is easy for customers to change new supplier.

Problem identification and analysis(cont’d)
• Do not have plan for the future:
Maersk lose core leader Wichmann, the new manager has no t enough experience to define company goals for the future, t he digital marketing strategy cannot be confirmed. The new manager is confused whether Implement the new proposal
• Customer classification:
Maersk did not grouping customers into different recency, fre quency, monetary categories. It is easy to confusion of custo mer information ,and it takes time to find a particular custom er information

Statement of major problem
• Increase market share: turn fans into customers, the more customers we have, the more money we can g et • Face challenge from competitors: Strength competiti ve advantage to beat the rivals, and dominant in the market • Plan for the future: The manager is wondering wheth er implement the proposal from Wichmann, and the manager has different idea about future plan, so the plan has not been decided

Generation and evaluation of alternative solutions

For the market share problem:
• Focus on turn fans into customers. Open members hip for the new customers, the membership allow customer share any information and they can get 1
0% discount when they need products or service
• Strengthen the network propaganda through socia l media, increasing interaction with

You May Also Find These Documents Helpful

  • Better Essays

    BUS188 Case Analysis 1 YHe

    • 1142 Words
    • 4 Pages

    The fundamental reason George couldn 't ditch his wallet is because most of his favorite retailers do not subscribe to his service provider 's payment system. While in Japan and countries like China, South Korea, and India, corporations have been developing partnerships between multiple entities and standardization on the mobile payment platform, the United States hasn 't adapted this method as successfully as it could. According to Gartner, the mobile payment market will increase from $171 billion in 2012 to $646 billion in 2017 worldwide, but the United States only shares 14% in the global payment market and expected to remain the same for the next 5 years. The growth in the market is so significant, there are many stakeholders striving for a share of it. However, instead of cooperating with the service providers and handset vendors, and standardizing the system, the players compete with each other by developing their own technologies, such as Bluetooth Payment System, Closed Loop Mobile Payments, and Cloud-based mobile payment platform. Service providers see the opportunities and try to take advantage of the technology by charging an exchange fee for every transaction made. In order to avoid the exchange fee, retailers have no choice but owning their own payment network. Therefore, George 's new Google Nexus phone couldn 't be used for all these different payment system, and he is stuck with paying the old-fashion way - credit cards.…

    • 1142 Words
    • 4 Pages
    Better Essays
  • Satisfactory Essays

    Tma 05 Case Study

    • 185 Words
    • 1 Page

    The final concept (number6) was selected from the shortlist of three Appendix C. by reason of:-…

    • 185 Words
    • 1 Page
    Satisfactory Essays
  • Satisfactory Essays

    CASE STUDY BUS 601 Alexa Smith STRENGTH WEAKNESSES TRAITS 4 new product lines Research and development skills not mentioned. Creative Good marketing skills Insightful Good experience Persistence Good reputation Determination Kelsey Metts STRENGTH WEAKNESSES TRAITS 2 new product lines (research) Low experience.…

    • 381 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Eda 624 Case Study

    • 273 Words
    • 2 Pages

    Although EPA 624 does not require an MSD, I recommend you continue to run one when you have an extra (fourth) vial. This should meet any Waste Management contract requirement of spiking each sample during the year (I’m assuming the WM contract includes 624 samples – the main intent is to spike all groundwater samples during the year). Also, you could run a duplicate, which requires only one more vial, when you have a sample (possibly an influent or leachate) where you know there are target analytes.…

    • 273 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Belmac Case Study

    • 113 Words
    • 1 Page

    Regular Priced product may be returned within 30 days of purchase as long as the tags are still on the product and it has not been worn or used in any way. Please present receipt upon return.…

    • 113 Words
    • 1 Page
    Satisfactory Essays
  • Good Essays

    module 6 dba

    • 3227 Words
    • 11 Pages

    Provide a detailed description of the historical importance of each of the famous people, key terms and places listed below. Focus on explaining what is most important to know about each including information that helps explain who, what, when, where and why. Use the lessons listed in parentheses to find the necessary information and avoid using Google, Wikipedia or other internet sources.…

    • 3227 Words
    • 11 Pages
    Good Essays
  • Satisfactory Essays

    Bus 604 Entry Strategies

    • 341 Words
    • 2 Pages

    There seems to be so many different entry strategies in business today. However, the key factor in developing a strong entry strategy is driven by the type of business and marketplace. Three common entry strategies in an oligopoly market structure is, (1) Advertising/Marketing: competitors could have saturated the market giving no chance for a new business to establish their presence. By completing advanced analysis such as the game-theory matrix; businesses can see how much profit will be lost due to advertising/marketing (2) Limited Pricing: established businesses sell their product or services at lower prices than the new entrant business are able to do which results in lower profits or maybe no profits at all. Before a new businesses reduces their prices to stay competitive they need to consider what the ceiling price is within their market as well as price elasticity and (3) Start-Up Costs: many of these capital costs are seen as sunk costs because a business usually cannot recover these expenses which cuts into their profitability. Again, advanced analysis should be completed to see exactly what the increased break-even output (Gwin, 2001).…

    • 341 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Rsm221 Iap Case Study

    • 484 Words
    • 2 Pages

    ***Please note that this is a sample solution key – it is advised that the points below be elaborated (more complete sentences) when submitting your IAP. Please also refer to the ‘Case Primer’ in your Intermediate Accounting textbook for more tips/guidance to case approach*** Good luck with your first IAP! 1) OVERVIEW- clear, succinct summary 2) ISSUE ID AND ANALYSIS  Identification: o The main issue is when to recognize the revenue with respect to the new subscriptions, keeping in mind the incentive of management to present the financial statements in the best possible light to facilitate the loan from the bank. o The bank is the user of the financial statements and will likely want statements prepared in accordance with GAAP or IFRS, as they are more reliable and relevant. …

    • 484 Words
    • 2 Pages
    Good Essays
  • Good Essays

    Comcast: A Case Study

    • 1105 Words
    • 5 Pages

    be revamped in order to attract customers and increase sales. “The first issue involved customers skipping…

    • 1105 Words
    • 5 Pages
    Good Essays
  • Satisfactory Essays

    Propaganda is the no holds barred use of communication to propagate specific beliefs and expectations and the ultimate goal of propaganda is to change the way people act, where the propaganda is use to change people action, behavior and perception. In order to do this, the propaganda has to first change the way people conceive of themselves and their social world. Mass-mediated propaganda spread throughout America, across Europe and around the world. Everywhere it deeply affected politics and…

    • 79 Words
    • 1 Page
    Satisfactory Essays
  • Powerful Essays

    Belgacom case study

    • 3025 Words
    • 13 Pages

    4 May, 2013 Investment Banking Benchmark Bond Offering Case Belgacom The Inaugural Institutional Benchmark Bond Offering Alizée Hardy Orea Lika Rossella Miccolis Yasmine Nouri Margaux Vandenbossche For Lecturer Yassine Boudghene Assistant Quentin Bodart Case context § In 2006 Belgacom acquisition of the remaining 25% stake in Proximus that Vodafone owned. § Consideration was EUR 2bn § Financed by cash and EUR 1.8bn “1y bridge loan facility”…

    • 3025 Words
    • 13 Pages
    Powerful Essays
  • Good Essays

    Dongfeng A60 Case Study

    • 1461 Words
    • 6 Pages

    Firstly, inside exterior part DongFeng A60 1.6L passenger vehicle model has engine, name as HR16DE 1.6L L4 16V DOHC is a manufacturing cost in direct material. This component are under manufacturing cost also call as product cost. This type of engine had powerful energy to acceleration. Engine feature also lead the car to get started and operate others spare parts in car like air condition, power generator, radiator and canister. Engine is a important part inside the car, without it will not make the car move. Every engine in DongFeng A60 can be easily count the amount of unit. Each engine cost is higher due to many components inside to form a whole final engine. Every passenger vehicle have at least 4-5 tires include reserve tyre. The tires…

    • 1461 Words
    • 6 Pages
    Good Essays
  • Satisfactory Essays

    6MWT Case Study

    • 963 Words
    • 4 Pages

    In this study, nutritional supplementation of tempeh led to a significantly higher change in body weight, handgrip strength, and performance in 6MWT in the intervention compared with the control group. The intervention group showed the change of 2.80 kg in body weight after two months supplementation compared to 1.44 kg in the control group. Thus, the provision of fermented soybean increased body weight gain of 1.36 kg in the intervention group. In addition, it was also found that the BMI gain of the intervention group was higher than the control group. These results are similar to the results of a nutritional supplementation study among TB patients HIV (-), where there was an increase of body weight change of 1.73 kg after six…

    • 963 Words
    • 4 Pages
    Satisfactory Essays
  • Good Essays

    Belgacom Case Study 20100111

    • 8284 Words
    • 57 Pages

    following month. Rating agencies (Exhibit 1) on the other hand had a different view :…

    • 8284 Words
    • 57 Pages
    Good Essays
  • Good Essays

    Biba Case Study

    • 1343 Words
    • 6 Pages

    The research talks about launching of new product line of Brand “BIBA”. So, to launch a new product line, firstly, the research is conducted to analyze the market value of the brand in comparison to other competitors. Secondly, research would be done related to the new product line, to see whether the launch of a new product would be successful or not, so this would require customer feedback about the brand and how they perceive the brand to be and to know about the goodwill created by the brand in the market. The launch of a new product is in accordance to the existing products in the brand so that the new product line could compliment the already existing range and so the customers can find related products at the same place.…

    • 1343 Words
    • 6 Pages
    Good Essays