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You’re will be responsible for:

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Presentation on theme: "You’re will be responsible for:"— Presentation transcript:

1 You’re will be responsible for:
As MARKETING MANAGER You’re will be responsible for: Planning, implementing & controlling your marketing strategy Target & Position Product Place Promotion Price

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3 Marketing also selects media vehicles & message weights
AND determines composition of sales/distribution staff ..and allocation of their efforts by segment & Brand

4 Marketing Managers become one-w/ Relationships betw
Price & demand Price & margin Promotion budget & awareness Sales budget & accessibility A/R policy & demand

5 As R&D Mgr Responsible for: Product Position Age & Quality
Performance SIZE Responsible for: Product Position Age & Quality New product development High High Eight < < < Low Low One Quality Age Prdt Line

6 Drift Establish product positioning to meet customer demand
Build quality & reliability (MTBF) into products Ensure age of product meets customer demands Create new products Drift

7 How good are your goods…
Now Evaluate How good are your goods…

8 Strategic Thinking- the ten big ideas
4. Portfolio theory- GE-(three-by-three matrix, using business strength & market attractiveness as variables). The Boston Consulting Group (BCG) introduced its two-by-two matrix-(invest in the stars, divest the dogs, milk the cows, and solve the question marks)

9 Portfolio Analysis Which Brands should receive more/ less/ no investment-Based on: Product Position/ Potential Profitability/ Margins Market-Growth/Market- Share Matrix Competitive Strategy

10 G.E Strategic Planning Model Business Strength Strong Average Weak
High Low Industry Attractiveness Business Strength Index Industry Attractiveness Index * Market Share * Market size * Price Competitiveness * Market Growth * Product Quality * Industry Profit Margin * Customer Knowledge * Amount of Competition * Sales Force and Effectiveness * Seasonality * Geographic Advantage * Cost Structure

11 Boston Consulting Group’s Growth-Share Matrix
STARS High PROBLEM CHILD Product-Market Growth (%) CASH COWS DOGS Low 10x x x 1.5x 1x x x .1x High Relative Market Share Low

12 R U Meeting Consumers’ Expectations?

13 Evaluate Your Company’s Marketing Situation & Develop Your Brand Plans

14 Next Big Q How good are you in making your goods…

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16 Buy or sell capacity of product lines
Schedule production for each line Buy or sell capacity of product lines Purchase machinery to automate our facilities Establish your workforce complement

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18 Current Ideal

19 Right-Sizing Capacity:
FAIR SHARE ESTIMATES: 3-4 Rnds out:

20 A Historical Consideration… RE: Projected Share
LOW END: 0-1 product killed repositioned or introduced TRADITIONAL: 3-6 repositioned from High…0-1 killed…1-2 introduced SIZE: 0-1 killed, 0-1 repositioned to Traditional, 1-2 introduced PERFORMANCE: 1-2 killed, 0-1 repositioned to Traditional, 0-1 introduced HIGH: 1-3 killed or repositioned to Traditional, 1-3 new products arrive in rounds 2 or 3

21 Round 3- Forecast Segment Competitive Density
LOW END: 6 products=rivalry unchanged TRADITIONAL: 9 products, w/ 3 repositioned= increased competition SIZE: 7 products, w/ 2 new= increased competition PERFORMANCE: 4 products, w/ 1 new= reduced competition HIGH: 6 products, w/ 2 new= increased competition 6 4 9 6 7

22 -Given Round 3 Scenario- How should adjust your production capacities?
Round 0-1st shift Capacity Round 3-Unit Demand Traditional 1800 1068 Low End 1400 2081 High End 900 668 Performance 600 823 Size 469

23 Optimum Automation Levels?
Current Ideal

24 Use of 2nd Shift? Current Ideal

25 Should You Run 2nd shift –when Labor Costs 50% higher?
Will we make less because labor costs are 50% higher for 2nd shift? Another Q: If we double sales will we double our net margin? Answer by using your proformas: 1- On production spreadsheet build 1200 units 2-On Marketing display- FORECAST 1200 UNITS 3.-ON Proforma Income statement- note NET MARGIN – 4- On production spreadsheet build 2400 units 5-On Marketing display- FORECAST 2400 UNITS 6.-ON Proforma Income statement- note NET MARGIN –

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27 2nd shift gets a free ride-only has to pay labor premium…
The Big Answer 1st shift- covers all fixed costs- 2nd shift gets a free ride-only has to pay labor premium…

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29 Evaluate Your Company’s Production Situation & Formulate Strategies to Optimize Quality & Efficiencies

30 Can I be excused my brain is full..


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