Mistine: A Case Study Mary Jo Barbato Globe University March 5‚ 2010 Mistine is poised for success in its attempt to continue as Thailand’s front runner in the direct-selling cosmetics industry. Being number one in a small group of competitors is a precarious‚ but beneficial position. As leader‚ Mistine will continue to be in control of its own destiny. The current levels of market share and growth are theirs to lose. Their quality commitment and customer satisfaction guarantee
Premium Sales Marketing Customer service
interview‚ Mistine missed to achieve the expansion on the middle to high income because of its perception of untrustable product due to its cheap price and lack of outstanding quality product. Moreover‚ its low brand image on the main customers‚ for example; the vocational girls‚ may lead the product become an unwanted brand for middle to high-income customers. Also‚ this focus group customer does like the imported brand. They don’t want to use a local Thai brand. These reasons can answer why Mistine can’t
Premium Advertising Branding
possible with current research‚ and then conduct a comprehensive SWOT analysis for Mistine. Strengths: Mistine’s strengths are in its high quality products‚ efficiency‚ selling and marketing techniques. The company uses international standards in its product and ingredient selection‚ ensuring quality that consumers can trust. They build a customer base‚ trust and encourage product switchover by offering full refunds or product replacement if dissatisfaction occurs. The selling method of direct by way
Premium Marketing
Strategic Case 6: Direct Selling Mistine Cosmetics in Thailand 1. Is it possible that having a retail outlet creates channel conflict? Explain. I think that it is highly possible that by having a retail outlet it creates channel conflict among the individuals that are doing the direct selling. The people that are doing the direct selling may feel that they are at a disadvantage when trying to sell there products because there is a local retail outlet down the street. The local retail
Premium Sales Marketing
job all time Pioneer & conceived by professionals from various backgrounds each committed to the promotion of market research. In present globalization market it becomes very difficult for marketing people to measure the market‚ understand the consumer‚ take any decision and make any strategy without the help of marketing research. In the current scenario marketing research is no longer and isolated ivory tower operation but it is an integrated whole making a measure
Premium Marketing Sampling Cluster sampling
Chapter 10 – Products and Services for Consumers Discussion Questions 1. Define the following terms and show their significance to international marketing: Product diffusion Innovation Product Component Model Green marketing Quality Homologation Global brands 1. Debate the issue of global versus adapted products for the international market. A recurring debate exists relative to product planning and focuses on the question of standardized products marketed worldwide versus differentiated
Premium Marketing Product management Developing country
Michael Lee unit 9 Marketing Mistine Case Studies 1. What are the major SWOT considerations in Mistine’s attempt to continue its growth and dominance in the Thai market? Strength: * Short selling period * Well recognized brand * Low cost product that provides value to customers * Abundance of sales people * Advertising campaign from mass media that brings brand recognition Weakness: * Dependence on its supplier providing products * High turn-over ratio for sales people
Premium Advertising Marketing
Management Product Development Product Development Tools/Techniques Submitted To Prof. P.S.Gill Submitted By Manish Singh MBA-2nd‚ RIMT Punjab Technical University Jalandhar Product Development Meaning: Product development is the carried out after research which follows pure research. Development is the work contributing towards improvement in the existing knowledge by way of improved ideas‚ systems‚ techniques‚ etc. Product development is a specialized activity which may
Premium Manufacturing Standardization Product management
Changing profile of Indian consumer The Bajaj Chetak 150 MT is an old-time favourite from the house of Bajaj. One could find a Bajaj Chetak in every middle class household. However‚ with the passage of time‚ the average Indian’s taste changed. They wanted a modern looking and stylish vehicle. Since there was no demand for Bajaj Chetak any longer‚ finally‚ Bajaj had to stop the production of its all – time favourite scooter. This example can be cited as an eye-opener for the change in behaviour
Premium Middle class Consumer theory Business
Market Segmentation and Consumer Profile Segmentation is sometimes referred to as differentiated marketing. Instead of trying to sell just one product to the whole market as in mass marketing‚ different products are targeted at different segments. This is a form of niche marketing. To be effective‚ firms must research and analyses the total market carefully to identify the specific consumer groups or segments that exist within it. Below are some examples of market segmentation: Computer manufacturers
Premium Marketing