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Sobanoo Zain SLIM DBM Batch II

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1 Sobanoo Zain SLIM DBM Batch II - 16773
Lenovo Brand Plan 2014 Sobanoo Zain SLIM DBM Batch II

2 Vision Lenovo will create personal devices more people are inspired to own, a culture more people aspire to join and an enduring, trusted business that is well respected around the world. This vision guides us in pursuit of our mission to become one of the world's great personal technology companies.   We will accomplish this through: Personal Computers: Lead in PCs and be respected for our product innovation and quality. Convergence: Lead the industry with an ecosystem of devices, services, applications and content for people to seamlessly connect to people and web content. Culture: Become recognized as one of the best, most trusted and most well-respected companies to work for and do business with.

3 Brand Audit Summery

4 SWOT Strengths Weaknesses No 1 PC maker in the world
Innovation Leadership Flexibility Global Culture & Global Presence Heritage Protect & Attack Strategy Good Communication Network Efficiency (5Ps) – Operational Effectiveness Good Environmental strategy Competency in mergers and acquisitions Distributor is Powerful over the Brand Low Market Share & Market Presence is he Sri Lankan Market Lack of customer awareness in the market Low Differentiation Opportunities Threats Growth of the Tablet market Growth of the smart phone market Growth of the smart PC market Government Support for Foreign Business Increasing social needs in the society Strategic of the competitors The High Market Share of the Competitor The low GDP in Sri Lanka Product Pricing is at a slightly higher rate for the current buyers

5 Summarise the impact of the brand sphere
Company/Corporation Distributor Customer Competitor Macro Environment Coordination Values Cultures Heritage Communication 7 8 Goal Alignment Power 6 4 Money Rich Extended Problem Solving 5 Competitive Set Brand Prism 5 Competitive Forces 2 Political Economical Social Technological Environmental Total per section Overall score for the Brand 5.6 >> 6

6 Objectives

7 To Achive The Market Leader Position in the next three years for the Idea Banded Product range in Lenovo To achieve the above Lenovo need to: Maximise the market share in Sri Lanka to 1.5% Build brand awareness in Sri Lanka Strengthen the current distribution and Build a strong distribution channel and gain power over them Revise the differentiation and positioning in the Sri Lankan market To highlight that Lenovo is for Innovators and Entrepreneurs That Lenovo is the best in technology Bring Lenovo’s global culture to the Sri Lankan market

8 Strategy, Tactics & Actions

9 Positioning Strategy Position: Market Segments and Target Market:
No 1 Choice “For those who do” Entrepreneurs & Innovative individuals Market Segments and Target Market: Young Adults: Sri Lanken Student Population, Personnel Computer needs of the working crowd Entrepreneurs & Innovators To fulfil the family PC needs

10 Resonance Encouraging Best tech buddy Go-to person
Marketing Strategy Product Mix Customer Based Brand Equity for Lenovo Resonance Encouraging Best tech buddy Go-to person Judgements Possibilities Dynamic Top Notch Feelings Opportunity Reliability Performance Flexible Durable Sleek designs No 1 PC maker in the world Imagery Young Adults and family Innovation Entrepreneurship Socialising & Networking Salience Dynamic and Sophisticated designs Best of Breed Technology Smart PCs & Laptops Convertibles

11 Product Platform

12 Pricing Strategy High Quality & best of breed technology provided for reasonable prices, however as the Sri Lanken Young adults; majority of the Idea products target group are not rich enough to get them at these prices, promotional offers, price discounts, payment scheme methods as well as customised products for lower prices in selected groups should be made available.

13 Place and Distribution
Current Distributors and Retail Outlets Should look at getting agreements with Lenovo Exclusive Showroom: Colombo Kandy Galle Rathnapura Anuradhapura Kiribathgoda Consumer Product Distributer: Tech Pacific Lanka Tier 1 Retailers who directly deal with the Consumer (B2C): The Technocity Pvt Ltd Singer Sri Lanka Store space in: Abans Keels Cargills Arpico Online Stores laptops.lk Lenovo online retail shop Products in wow.lk Deals with anything.lk Deals with mydal.lk

14 Promotion and marketing Campaigns
The Promise/Proposition Marketing Communication methods Build Associations

15 The Promise/Proposition:
Positioning Statement: For those who do! Lenovo is a Do company – a Brand ignite accomplishment of people not just potential Lenovo is a brand to be associated by the achievers in the community If you think you are an achiever then, Lenovo is the best tool for you Lenovo Idea – is your companion when you achieve your personal goals & family achievements

16 Marketing Communications
Banners, Cut outs, Social Networking, Media advertising (TV, Radio & Press) Highlight No 1 PC maker of the world Have CSR programs for encouraging Enterprisers and to build brand image Getting hold of Schools for CSR is also another viable option for Lenovo as they can develop both a loyal group of prospective customer base as well as get the word across. Ex donate IT labs, sponsor science fairs, etc.

17 Build associations An ideal partner to build an association with would be Etisalate as their positioning statement “It’s about you” will complement “For those who do” in addition to being in a position to help with Lenovo’s business development They have a number of stores around Sri Lanka As a telecommunication services provider they are ideally situated to promote the Tablets The entire Idea Product range will be a value addition in Etisalate stores, especially with Lenovo Acquiring of Motorola Associations with famous personnel (Artists, Sports stars & Famous Entrepreneurs) & their families, eg:Jackson Anthony, Kumar Sangakkar, Otara Association with the young adults & family – Use young adults & families for promotional material Associations with institutes – Educational, Clubs, etc. Associations with Events – Sponsorships Association with the Think Brand of Lenovo Products Since the think brand is already stable in the enterprise market, use that as a vessel to promote Idea to the same crowd

18 Competitive Strategy To focus on Innovation and Advanced technological Development of the Products To focus on the Global Culture in terms of the customer support, efficiency and the diversity To focus on the relationships with the Distributors in order to increase the product availability in the market

19 Development/Growth Strategy
The Ansoff Matrix (Figure 8) can be used to determine the Growth Strategy for Lenovo. Due to the fact that both the Idea Product Platform and the Market for them currently exists, it can be concluded that Lenovo need to use Market Penetration Strategies for Growth. Build Intensive Distribution Build Awareness & Interest in the Mass Market Reduce to take Heavy Consumer Demand Price to penetrate the Market at the introduction stage of products or promotions Offer product extensions, Service & warranty

20 Planned Campaigns No 1 PC maker in the World Promotional Discounts
Promotions Time period Campaing to promote & Build Awareness Advertising and Social Networking (Including Hoardings and Buss Adverts) Idea – For those who do No 1 PC maker in the World Throughout the year Launching New Stores/Products Teaser Campaigns ATL & BTL Promotional Discounts Associations with targeted institutes/events to promote the products Throughout the whole year New Year Promotions Same as the above Mar – Apr Christmas Campaign Nov – Jan Campaigns for Techno Events Sponsorship During the Events

21 Controls

22 Thank you Q&A?


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