Preview

Suitcase Studies

Powerful Essays
Open Document
Open Document
2216 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Suitcase Studies
Helen O’Sullivan
Evaluate the Factor of Sustainability when Introducing a New Product to Market
Jemima Bliss
Design Business Management – Year 2 i7908167 Contents Introduction Letter 3 Executive Summary 4 Plan and carry out a market research project to identify the various elements you as a new designer need to consider when introducing a new product to market. 4 Identify any particular companies that are increasing their sustainability commitment, and analyse the success of this. 4 Company One 5 Company Two 5 Company Three 5 Using an appropriate analysis tool, identify the broad forces that can affect an organisation in a macro-environment 5 Conclusion 5 Appendix 5 Porters Five Forces 5 SLEPT 5 Supply Chain 6 SWOT 6 References 6

Introduction Letter

Dear Company Executive Team,
I am writing to you to inform you of an opportunity within the market for lightweight suitcases.
Yours Sincerely,

Jemima Bliss
(Junior Manager)

Executive Summary
(Included in word count) * Everything talked about in a couple of paragraphs * What was asked? * How you did it?

Plan and carry out a market research project to identify the various elements you as a new designer need to consider when introducing a new product to market.
Suitcase – lightweight selling point (understand the market)
What makes a good market research report?
As a new designer bringing a new product in to an already strong market can be a daunting process however it can become much easier if the market is analysed correctly and accurately. Every year in the UK how many people go on holiday take trips away from home. This can include a single night at a bed and breakfast, a holiday abroad or even a year travelling across the globe. Whilst staying away from home it is more than likely that a suitcase is necessary in order to carry essential items. The following report studies the market for suitcases and highlights the opportunities within it. It is



References:

You May Also Find These Documents Helpful

  • Satisfactory Essays

    Is3120 Ass 1

    • 330 Words
    • 2 Pages

    Most important of all, the creation of a Web Site, nowadays most of things get done through the internet, so a good internet site will be great help for customers who want to look at your products. The method of paying for the products could also be updated and improved, the need for a secure website to make secure credit card payments online or also over the phone. Customer service representatives well trained and ready to provide a good service through the phone lines. The implantation of a networking system that will speed up the velocity of you Company for selling example : a server.…

    • 330 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Vera Bradley Case

    • 1327 Words
    • 6 Pages

    Vera Bradley is a start-up company which began from the basement of a home and grew to be a successful design-oriented bags & luggage company. As sales grew rapidly, Vera Bradley is currently facing some issues, one of among which will be addressed in this paper.…

    • 1327 Words
    • 6 Pages
    Powerful Essays
  • Better Essays

    MKT 650

    • 4716 Words
    • 19 Pages

    1. The Product Life Cycle is a fundamental model of marketing. First what is the product life cycle? How do the marketing mix elements have to respond as the product moves through its lifecycle? What are some of the key strategic choices that must be made at each stage of the lifecycle? Based on this discussion discuss the crucial importance of new products and developing strong brands. Why are new products and strong brands so crucial to marketers? How do most firms identify new products for the marketplace? Using any of the cases from this semester discuss the how the new product development process was followed. Was this product an innovation or a redesign of an existing product?…

    • 4716 Words
    • 19 Pages
    Better Essays
  • Satisfactory Essays

    Describe the details of the new product range that you are going to promote, giving an indication of its quality, design features, price and colour range.…

    • 374 Words
    • 2 Pages
    Satisfactory Essays
  • Best Essays

    The first Red Lobster restaurant opened was opened in 1968 by company found Bill Darden. In 1995, three popular restaurants, Red Lobster, Olive Garden and Bahama Breeze became part of Darden Restaurants. With large contributions by its popular seafood restaurant, Darden had revenues of approximately 7.1 billion dollars in 20101. Today there are nearly 700 Red Lobster restaurants between the U.S. and Canada.6 This term paper will focus on the following three topics: keeping Red Lobster current, its movement towards sustainability and its marketing blunders of 2010.…

    • 1440 Words
    • 6 Pages
    Best Essays
  • Good Essays

    Marketing Essentials

    • 2270 Words
    • 10 Pages

    What can you do to help improve your chances of developing a successful product? We discussed this in class and I also provided you with a recent brandchannel.com article addressing a few ways.…

    • 2270 Words
    • 10 Pages
    Good Essays
  • Better Essays

    Study Guide

    • 1810 Words
    • 8 Pages

    Be able to design and diagram a marketing experiment, including a description of manipulations, sample/data, data sources, and any outcome measures/scales. Be able to describe how your design would account for factors affecting internal and external validity.…

    • 1810 Words
    • 8 Pages
    Better Essays
  • Satisfactory Essays

    Sim Venture

    • 293 Words
    • 2 Pages

    One of the first steps you need to take is to carry out some research on your market and competitors. (available from the home page under the sales and marketing menu).…

    • 293 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Conch Republic Electronics 5

    • 2907 Words
    • 10 Pages

    Bibliography: Braddy, R. (2010). 10 steps to take before launching new products. Retrieved from Charlie cook 's marketing for success: http://www.marketingforsuccess.com/blog/entrpreneur/product-launch/…

    • 2907 Words
    • 10 Pages
    Powerful Essays
  • Better Essays

    7p S

    • 1831 Words
    • 5 Pages

    What we need to know about our product is whether it’s appropriate for the needs and requirements of the customers in the world today. Product is the beginning of any business for it to work well, we need to look at the product from a point of view of an marketing consultant and see from the outsider point of view whether we are doing it right or not.…

    • 1831 Words
    • 5 Pages
    Better Essays
  • Good Essays

    Critically assess the key segments (both products and market) that the company is dealing in, and develop a product/service proposition for these segments.…

    • 279 Words
    • 2 Pages
    Good Essays
  • Satisfactory Essays

    You need to create a ‘hypothetical’ organisation that will manufacture this product. Be specific because this will make it easier to identify relevant trends, and later in Assignment 2, to devise relevant strategies. Approach the assignment from a marketing theoretical perspective. The main sources of information you should use are marketing texts to help stimulate your own strategies. Make sure that the focus of your answer is on academic theory and not the product itself. The product should simply be used as supporting discussion to illustrate and apply your understanding of the market planning process.…

    • 828 Words
    • 4 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Ancient Greece

    • 271 Words
    • 2 Pages

    Now, we have to identify new potential customers. Identify customers with similar needs and position your new idea/product to meet that need. Also to create a value proposition to attract these customers.…

    • 271 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Know the product or service  Advertise as part of total marketing strategy  Develop proposition  Create platform  Be realistic about level of expectation  Review for customer needs…

    • 760 Words
    • 4 Pages
    Satisfactory Essays
  • Good Essays

    Research the marketplace. Determine if there is a need for your product or service, or customers might not want to buy it. Do this by looking for competitors. In addition to finding competitors, examine the differences between their business and yours. Look for a unique aspect about what you sell. For example, there might be many restaurants in your city, but you might be one of only a few that cater to budget-conscious families.…

    • 1545 Words
    • 7 Pages
    Good Essays