marketing. Marketing Research The American Marketing Association (AMA) redefined Marketing Research as: The function which links the consumer‚ the customer‚ and public to the marketer through INFORMATION The Role of Marketing Research Customer Groups • • • • Controllable Marketing Variables •Product •Pricing •Promotion •Distribution Assessing Information Needs Consumers Employees Shareholders Suppliers Uncontrollable Environmental Factors •Economy •Technology •Laws & Regulations •Social & Cultural
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combined with bleach washed in low temperatures whereas Northern tradition involved with powerful detergents without bleach combination washed in hotter water. Packaging differs also; north people want compact product but in south people want big boxes. Henkel implemented different strategies for different markets relying on those differences like; ``whiteness with care`` for northern market like Germany and France but to catch the large green customer segment in Netherlands an environmentally friendly
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Bob Simmons – Strategic Transformation Case Summary: Henkel was a German manufacturer of laundry products. Went public in 1985. In 2008 it was 14 Billion pounds in 125 countries. Majority in EMEA. Most of exe team were German. Organized into three major business units: Adhesive Technologies 48%(glue stick)‚ Laundry and Home Care 30%‚ Cosmetics/Toiletries 22%. Industry leader in adhesives. Rorsted took over as CEO in 2008. Henkel was reporting comfortable growth and profits with
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Executive Summary The strategic opportunity is to choose between international standardization and the Henkel European model of local heritage. Henkel’s main competitors are following the international standardization strategy resulting in optimization of product portfolios and significant margin growth. There are three strategic alternatives: * Continuing the local brands in Spain and Italy * Replacing the local brands with the flagship Persil brand * Holding the local brands as
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statement Become one of the leading luxury groups providing excitement and glamour to a global heterogeneous customer base. Young‚ creative and hedgy designers allows Gucci to deliver such vision. 2. Situation Analysis The luxury sector‚ where the Gucci group is operating‚ is a market where brand‚ product and the intangible benefit associated to the brand are key success factors (KSF). The economic slowdown represents a potential threat to the group‚ which has poorly performed in some of its
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Describing Umbrellas It is not unusual for an artist to paint a landscape on canvas; it is however‚ unusual for canvas to paint the landscape. This was the case when environmental artists Christo and Jeanne-Claude constructed the placement of 3‚100-canvas umbrellas simultaneously in the U.S. and Japan. On October 1991‚ Christo and Jeanne-Claude realized their goal with the completion of The Umbrellas. This project spanned across 18 miles of farmland and mountains off interstate 5 in California
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Appendix p. 3 4 p. p. p. p. p. p. Recommendations: After thoroughly analyzing your company‚ we have come up with several recommendations for you to consider. To begin‚ we believe that Henkel should continue with the lowcost reduction strategy across the board. In doing so‚ this will ensure that you do not spend money in areas that money does not need to be spent. We also believe that there is great possibility for acquisitions wi
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Initially the process of branding was developed to protect products from failure‚ today the brands themselves are in trouble. At present consumers make buying decisions based on the perception of the brand rather than the reality of the product. Brand is the one that sells the product. Despite the fact that branding is more important than at any previous time‚ companies are still getting it wrong and even worse. Brands are failing every single day. I’ll tell you about 4 types of brand failures:
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* The strategic problem is whether to globalize the brand portfolio in Italy and/or Spain in order to get a market share value of 29‚87M Euros by 2002 (Exhibit 1) * Our strategic opportunity is to standardize its brand portfolio in Europe Market. It will impact on: 1) greater savings on unit variable costs up to 15-20% by doubling the production of existing plants‚ and 2) 22% potential increase on market share. * Business is becoming more complex because of conflicting marketing targets and
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the product to be produced Our company intends to produce an umbrella with extra added features. The features mentioned are light and fan. The light intensity of the light we used to attach at the umbrella is very high. The speed used of fan used also high which will give satisfaction to consumers. Other than that‚ rechargeable battery is used to supply the power in order to make light and fan in functional mode. The unique umbrella produced is used to protect the body from the ultraviolet ray
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