strategic marketing management presentation
TRANSCRIPT
Team 44 Alex Oschatz, 274379 Andrea Cappozzo, 851826 Catalina Suarez, 907848 Cipriana Baldinazzo, 976917 Laura Wuerz, 340584 Natasha Koppert, 623677
SOLO has average level of convenience and medium-low level of performance
SOLO could satisfy the Shoppers` needs
SOFT has the lowest level of performance and convenience in the entire market
SOFT is the cheapest product in the market
SOFT is near Savers` needs
SOLO
SOFT
To be positioned medium -low in Performance/Convenience/Economy
(SHOPPERS)
To be positioned low in Performance/Convenience/Economy
(SAVERS)
Using R&D to develop the qualities of our products to match the consumer needs to offer the best choice in the market
Defender (Miles & Snow, 1978): match perfectly our existing products with Shoppers and Savers’ needs
Reactor (Miles & Snow, 1978) (Period5): Possibility to move in another, more profitable, segment. The risk of an entrance of new competitors might push Solomon to move or expand its target segments
1 2 3 4 5
M 1.251 1.116 1.028 978 1.038
S 1.006 1.136 1.440 1.314 1.332
R 1.078 1.221 1.163 1.231 1.487
T 1.071 1.328 1.518 1.908 1.936
0
500
1.000
1.500
2.000
2.500
SPI
Evolution of SPI
0
20.000
40.000
60.000
80.000
100.000
120.000
1 2 3 4 5
Evolution of Revenues
M
S
R
T
To Identify firm resources and applicable strategies (Day 1994, JM; Nijssen & Frambach 2001)
The importance of market researches in order to study consumers’ behavior
The importance of continuing monitoring the market and the competitors tactics
According to all these elements, the importance of formulating the correct strategy
Improve working team skills different
countries
different backgrounds