marketing planning & strategy2

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    Assignment Case Study 1Present a case study on the company shown for the group. The

    case study should not exceed 10 slides. Evaluate each case onthe following:

    Mission and Vision statements

    Values of the company

    Present organisations position

    Core competencies

    Corporate objectives

    Distinctive capabilities

    Growth vector

    Competitive advantages and synergy

    Understanding of customer value

    Effective differentiation

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    Assignment Case Study 1Section A

    Group 1 Hindalco

    Group 2 Jet Airways

    Group 3 NTPC

    Group 4 ONGC

    Group 5 Ranbaxy Laboratories

    Group 6 Suzlon Energy

    Group 7 Tata Power

    Group 8 Videocon Industries

    Group 9 Yes Bank

    Group 10 Zee Enterprises

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    The need for a

    new perspectivein understanding

    Marketing

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    New perspective in understanding Marketing

    We have understood Marketing through thecustomer cum 4P framework, holding customer

    satisfaction as the theme of marketing and the 4P

    as its toolkit. But what is that the firm provides to

    the customer that brings about the satisfaction?

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    Marketing under attack

    Fails to deliver targeted top and bottom lines

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    Case Hindustan UnileverHindustan Unilever absorbed higher raw material expenses to

    sustain volume growth in the quarter ended December, 2010.

    At 11.6%, the growth in its net sales was lower than the 13%

    rise in volumes on a year-on-year basis. Advertising spends

    were up by 17% but the operating margins slid from 13% to

    8% for soaps and detergents business which accounts for

    43% of total net sales.

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    Marketing under attack F

    ails to help the firm avoid price wars

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    Marketing under attack F

    ails to achieve effective differentiation

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    Marketing under attack Fails to graduate from Tactical to Strategic

    Marketing

    It is expected that the marketing team shouldbe strong in strategic marketing whichtraverses beyond advertising, promotion andpricing and understands and exploits thepower of radical value innovation and valuedelivery.

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    Case - NokiaNokia is the largest seller of mobile phones in India.

    When local player after local player was launching

    cheap handsets and dual-SIM phones, Nokia

    scoffed at them and their price strategy. Now two

    years later, it is doing the same thing with a sense

    of urgency. In the second quarter of 2010, Nokiasmarket share dropped to 36% from 54%.

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    Marketing under attack Fails to retain customers

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    Marketing under attack

    Why should everyone payforadvertising?

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    Case - MotorolaMotorola stumbled badly in the Indian cell phone

    market. The company tried to sell outdated models

    assuming that India is a backward market. Nokia on

    the other hand, launched state-of-the-art products

    for the Indian customers.

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    Marketing under attack F

    ails to protect customers againstvalue-eroding outsourcing

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    Marketing under attack F

    ails to grasp that abundance ofchoice does not help

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    Where did Marketing gowrong?How is it possible when the marketing has beenstressing customer orientation/customer

    satisfaction?

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    What is value?W

    hat is meant by value in the marketing context?What are the various facets of value?

    Wherefrom and how does the value arise?

    How can the firm approach the value delivery job?

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    What is value?The utility plus several things he looks for, togetherconstitute benefits, also called bundle of

    benefits. This bundle of benefits is the carrier of

    value to him.

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    The conceptofcustomer valueThe customer reckons only some of those benefitsthat really matter to him. This is what is called

    customer value. Not all the benefits shown by the

    firm but the benefits that really contribute to

    customer value.

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    Customer value, customer cost and customer satisfactionThe total weightage/credits, the customer assigns to a given

    product offer, indicates the Total Customer Value.

    The cost includes the price of the product plus the other

    elements, called the Total Customer Cost.

    The buyer derives satisfaction when the value

    exceeds the cost. The larger the value-cost gap, the

    greater is the satisfaction.

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    Case General MotorsThe present plight of GM serves as a powerful

    illustration of the travails a business firm has to go

    through, once it failed to give the due importance to

    value delivery.

    Why should the icon of American industrial

    supremacy land in this plight? What would havebeen better had GM resorted to value-focused

    marketing?