Transcript
Page 1: Firm  U – Underdogs!

Firm U – Underdogs!Julie Kemp, Kirsten Ferch, Michael Rubel, Sam Heston, and Andy

BrownBusiness 343 Marketing Management

Loras CollegeJanuary 11, 2011

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Situation Analysis

SWOTObjectivesStrategiesTactics

Implantation Plan

PerformaControl Procedures

Introduction

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Company CollaboratorsContextCustomerCompetitors

Situation Analysis

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Who are we?What are we known for?Product LinesWhat do we want to become?Brand StrengthOur Sales TrendsFinancial Position

Company

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DistributionAdjustments

Collaborators

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Social Technological

Context

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Others, Singles, Buffs, Professionals, High Earners

Ideal Points ChangingCurrent vs. PotentialCustomer Preferences

Customer

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How we compare to other groups Major Competitors

◦Firm E◦Firm O◦Firm I

How they may react to our changes

Competitors

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Buffs Singles Pros High Earners

Others

Firm A SALT SAMAFirm E SELF SEMIFirm I SIBI SIROFirm O SONO SOLDFirm U SULI SUSI

Firm Segmentation

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StrengthWeaknessOpportunities Threat

SWOT

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U

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Units ◦ Sell 225,000 units in period 4◦ Sell 140,000 units of SUSI in period 4◦ Sell 180,000 units of SULI in period 4

Revenue◦ Earn $80,000 of total revenue in period 4◦ Earn $61,000 of revenue from SULI in period 4◦ Earn $19,000 of revenue from SUSI in period 4

Net Contribution◦ Contribute at least a net amount of $34,000

New Product Development◦ Continue development of Sonite products SUCK and SUMI◦ Introduce SUCK and SUMI in period 5◦ Begin research and development on Vodite products

Stock Market Price Objectives◦ Increase Stock Price Index from last period to above current level of 1466

Objectives

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Targeting Positioning New Product Development

Strategies

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Product Price Promotion Place

Tactics

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Period 4 Period 5 Period 6 Period 7 Period 8

New Product R&D for SUCK and SUMI

Introduce SUCK and SUMI/Leftover R&D Vodite

Investing Money and Vodite

New Vodite

Advertising Increase for new product

Increase for Vodite

Sales Force Increase for new product

Increase for vodite

Implementation Plan

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Profroma: Period 4SalesUnits sold 325,000average retail price 375average selling price 250Revenues 81,250

Productionunits produced 296,000cost of goods sold -33,125inventory holding cost -300inventory disposal cost 0Contribution before marketing 48,125

MarketingAdvertising -7001Advertising research -1864sales force -2780Contribution after marketing 36,480

Other Expensesmarket research studies -455research and development -1350interest paid 0exceptional cost or profit 0Net contribution 34,675Next period budget 13,900

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Monitor Graphs Monitor Charts Desired Numbers

Control Procedures

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So what’s the BIG IDEA


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