that a strong customer-driven marketing strategy can give one an edge over his competition. Designing it‚ however‚ did not prove to be so straightforward. It is therefore this reflection paper’s aim to ponder over the various aspects that I have found intriguing and glean insights from them. Firstly is the “Marketing Mix” aspect‚ specifically the 4 P’s framework – Product‚ Pricing‚ Placing & Promotion. The 4 P’s is one of the best known frameworks for a marketing plan‚ of which the aim is ultimately
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The Expanded Marketing Mix: IKEA Introduction At any successful company‚ marketing seeks to connect with customers‚ serve their needs‚ and accomplish the stated mission of the organization. A successful marketing process creates value through consumer satisfaction from brand building before the sale to post-sales service and support (Kotler et al‚ 2001). The marketing strategy process has four primary segments: product‚ price placement‚ promotion and people (Kotler et al‚ 2001). Companies with
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Source: http://www.referenceforbusiness.com/business-plans/Business-Plans-Volume-04/Bottled-Water-Manufacturer.html Bottled Water Manufacturer BUSINESS PLAN SPARKLING HORIZON BOTTLED WATER 315 Fauborg Wichita‚ KS 67207 April 1995 Sparkling Horizon Bottled Water’s business plan contains valuable financial information. Check out the Projected Cash Flow tables for the first three years of operation. The plan’s owner has also included a Projected Balance Sheet and a Projected Income
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Bottled Water (A) Assuming that you are from the agency‚ prepare a tentative marketing research proposal with the following; marketing decision problem‚ research problem‚ Research plan‚ and information collection methods. Marketing Problem Exploring gaps (latent or otherwise) to create a brand and price value for a freely available commodity- water Research Problems/ Objectives 1. Finding and tapping the need gap for bottled water 2. Zeroing in on the primary as well as the secondary
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Running Head: Competition in the bottled water industry in 2006. The intent of this paper is to provide possible course of action according to analysis made for this case. Table of Contents Title Page Table of contents……………………………………………….…………………………2 Executive summary….………………………………………………..…………………..3 Macro-Environmental Analysis…...…..…………………….……………….……………3 Industry and competitive analysis...………………………………….……………………6 Economic traits of the industry..……………………………….………………….6 Five forces analysis…………
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1.0 Introduction Water is one of the people basic needs. All people need water to survive and no one can live without it. So‚ they are willing to pay the money to purchase water. From the secondary data market research‚ most of the American consumers drink bottled water more than tap water because they feel that tap water not safe. Many companies are reputation have filtered water until pure. So‚ the bottled water will bring safe and attractive package that make very people when drink something
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Case Study 3 Nov 2009 Bottled Water Industry 1. What are the strategy-shaping business and economic characteristics of the bottled water industry? What is the industry like? The global bottled water industry forecast is growing by 30% through 2010 to reach approximately $82 billion in revenue. Bottled water is thought to be safer than municipal tap water and an alternative choice to high calorie carbonated beverages. Focus on fitness‚ health‚ and the go-go lifestyle has made the United States’
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Taylor 1/24/13 Comp. II Argumentative Essay Is Bottled Water Worth It? In somewhat recent discussions‚ one of the worlds favorite grab and go drink has come into question whether it’s safe enough to drink or not and that is‚ bottled water. A well-known convenient commodity to everybody‚ but some argue it is neither healthy for our environment‚ our pockets‚ or ourselves. The people from this perspective say bottled water deserves to be banned because the negatives indeed out weigh
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Bottled Water Case: Industrial Evolution 1. Describe the bottled water industry as presented in the case a. Size in sales: In 2001‚ bottled water was among the world’s most attractive beverage categories‚ with global sales exceeding 32 billion gallons and annual growth averaging nearly 9 percent between 1996 and 2001. b. Projected growth: U.S. per capita consumption had grown to nearly 20 gallons a year by 2001 and was expected to grow to 26 gallons a year by 2005 c. Number of Competitors:
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The Australian bottled water industry has been growing rapidly over the past decade. Many Australians drink bottled water on a regular basis‚ and on average consumed 21.2 litres per person (Australian Bureau of Statistics) in 2001. The boom in consumption of bottled water has moved the product beyond the niche market and into the mainstream as it has become a staple to many Australians. Many people drink bottled water today simply because they prefer the taste to that of tap water or perceive it
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