was priced at 8-9 lakhs (ex-showroom – Delhi). This pricing was at par with a lot of mid-segment sedans. Furthermore‚ the car which was high on power had fuel efficiency of only 10kms/ lt. Aggressive pricing of Jazz was received with lukewarm responses. Only a hard –core Honda aficionados opted for it. Because of the rise in petrol prices the Indian consumers shifted to diesel cars. Honda’s stand to turn a blind eye towards consumer’s requirement of not coming out with a diesel engine was the move
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project discusses the formulation of strategies for the working of the organization. The formulation includes the company’s mission‚ vision‚ the environmental and organizational auditing. The strategic planning is being discussed in detail which consists of the competition‚ planning systems‚ strategic planning issues and the techniques. The selection of strategies and their evaluation is further included in the report. The evaluation includes their market entry strategies‚ substantive growth‚ and limited
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Shelby Sanzeh April 15‚ 2011 Marketing Calb Ciroc Promotion Concerning promotion for the Ciroc brand‚ we have identified a few areas that we would like to alter and introduce into the marketing mix. The current segmentation for the brand seems to be aimed at African American urban males‚ ages 25-30. These men are middle- to upper-class and identify with a nightlife lifestyle. Ciroc is also advertised as “the official vodka of New Years.” Advertisements for the brand include online spots
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5005 – Marketing Management 1. Why is the marketing strategy so important to the pricing decision? Can you think of some examples in which the strategy and the price appears to be inconsistent? The decision process required to set prices takes into consideration various factors. According to (Winer & Dhar‚ 2011)‚ these factors are marketing strategy‚ customer perceived value‚ competition and costs. This brief analysis will focus on the effect that one factor‚ marketing strategy‚ has on
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AIRCEL INNOVATIVE MARKETING CAMPAIGN - August 18th‚ 2009 ________________________________________ Aircel was launched in select circles in Maharashtra early this month; and the launch was accompanied by a variety of innovations and attractive outdoor promotions. Be it the ‘Just arrived’ boxes at the airport‚ the projection of the logo on the landmark Gateway of India or the IPL Scoreboard put up at the Mahim Causeway‚ Aircel has managed to create an unbeatable buzz. Interestingly‚ a lot
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“The fusion of Tradition and Innovation” 0 Letter of Transmittal Mr. Anup Chowdhury Lecturer BRAC Business School 66 Mohakhali‚ Dhaka-1212. Subject: Letter of Transmittal Dear Sir‚ With great pleasure I am submitting my final report on ―Aarong‖. I have found this study of the report to be quite interesting‚ beneficial and insightful. I have tried my level best to prepare an effective & creditable report. The report contains description
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cutting edge that has turned Nokia into the No 1 vendor still exists‚ as Nokia’s market share and revenues have been on the decline. Falling average sales prices (ASPs) and market share have had an impact and forced Nokia to further re-think its strategy towards developed and emerging markets.”1 This report gives an overview on what is happening on the mobile phone market today and analyses Nokia’s market position in the mature European market. This report includes a brief introduction to Nokia followed
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Slide 3: NOKIA Nokia Corporation is a Finnish multinational communications corporation‚ headquartered in Keilaniemi‚ Espoo‚ a city neighboring Finland’s capital Helsinki. Nokia produces mobile phones for every major market segment and protocol‚ including GSM‚ CDMA‚ and W-CDMA (UMTS). Nokia has sites for research and development‚ manufacturing and sales in many continents throughout the world. Slide 4: Nokia Nseries On 27 April 2005‚ Nokia announced a new brand of multimedia devices at the press
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analysis 2013 Strenghts 1. World’s largest internet marketplace 2. Business model (no strong direct competition) 3. Economies of scale 4. Localization 5. Payment system 6. Brand reputation Weaknesses 1. High fees 2. No further growth strategy Opportunities 1. Growing number of mobile shoppers 2. Become a retailer 3. Increase services and product portfolio through acquisition 4. Open more online stores in other countries Threats 1. Online security : PayPal stores online shoppers’
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Subject Area- flipkart.com success story- E commerce and beyond Although India is second largest country in the world‚ it expected retail market is around US$ 450 billion which is way less than US$ 469.3 bn turnover clocked by largest retailer in world “Wal-Mart Inc.” If we take another comparison‚ for the calendar year 2012‚ Amazon.com‚ the largest retail online store in the world‚ posted a turnover of US$ 61.09 billion registering a growth of 27% over the previous year 2011. Now if compare this
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