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Markstrat – Team Jupiter A

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Presentation on theme: "Markstrat – Team Jupiter A"— Presentation transcript:

1 Markstrat – Team Jupiter A
Chanuk Choi Heesik Jeong Taesoo Yoon Seungjae Hur

2 Contents Basic Strategies Downfall in the early stage
Stagnating in the Mid Take off - The Empire Strikes Back KSFs & Lessons

3  After then, Penetrating into the Vodite Market
1. Basic Strategies Be the King of Sonite Market  After then, Penetrating into the Vodite Market Premium Market Mass Segment Professionals/ High earners/Buffs Others/Singles Product SALT SAMA Strategy Differentiation Cost Leadership Action Plan More powerful Than competitors Emphasizing value For money

4 2. Downfall in the Beginning
Meeting with Professor - Using all budget - Emphasizing segment fitting - Providing modified R&D

5 2. Downfall in the Beginning
Consumers’ needs are continuously moving  Began to use Conjoint Analysis Fitting in Singles Fitting in Professionals Fitting in High earners Fitting in Others

6 3. Stagnating in the Mid Cannibalization between SALT and SALC
 Inventory increased continuously  Profit decreased  Lowered budget

7 3. Stagnating in the Mid Struggling to escape from depression
 Steady modification by using market research  Fitting sales force to distribution channel  Beginning to use MDS 4th round 6th round

8 Targeting for Followers $6,500,000 only for Vodite market
4. Take off Believing that money makes money Entering into Vodite market Targeting for Followers Sharply increasing sales force Sales force > Advertising effect In a short run Enormous advertising in the new product $6,500,000 only for Vodite market

9 4. Take off MS of Sonite 46% MS of Vodite 17.8% for the first entry

10 5. KSFs Satisfy what customers exactly want Avoid Double Jeopardy
 Huge budget for market research  Forecasts are accurate  Calculation for Optimization based on forecast  Distribute budget based on calculation  Optimized Profit Avoid Double Jeopardy High adv/sales force High Awareness High MS High Profit High Budget High adv/sales force (Making Virtuous Cycle by Cash Cow strategy)

11 5. Lessons learned Sensing for the market situation Limitation
 Need to know what Competitors do and will do if we are not doing so well  Bold & radical decisions are sometimes needed  However, stick to the details all the time (Never neglect micro-management) Limitation  More statistics & math, more profit

12 Thank You Q&A


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