StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...

Marketing management - Essay Example

Cite this document
Summary
With this sophistication of customers, their expectations of product offers are increasing. Therefore mass marketing is no longer the preferred…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER98% of users find it useful
Marketing management
Read Text Preview

Extract of sample "Marketing management"

Download file to see previous pages

Effective segmenting, targeting and positioning are the key to successfully gaining customers by forming a good perception of the product in the mind of the customer. This report aims to develop appropriate segmentation and targeting strategies for “Natura” range of herbal beauty care products being launched by Janelle Inc., a US based company operating in the cosmetics and beauty care product industry. The report will also outline the positioning objective of the new product line and design a positioning strategy, which will aid the achievement of the set objectives.

Lastly, the different marketing mix strategies which needs to be deployed as the product progress in the product life cycle will also be discussed along with an outline of key competitive strategies which the product will be using in competing in the long run. Janelle Inc. is a medium scale business operation incorporated in 1992, to cater to the US beauty care market. The company markets under two main brands – Janelle and Cleo, which is aimed at two different market segments. Janelle products are targeting the younger consumer base aged 18- 35 and mainly consisting of cosmetic items and few skin care products while the Cleo which is a more exclusive and upmarket product offered at the 35 + market segment, includes an extensive skin and hair care range along with cosmetics.

In a recent market survey, the company realised that there is a substantial market interest in natural beauty care products, mainly in the 30+ age category. Based on this information, Janelle has decided to launch a new Herbal Beauty care product line. The company has formed an alliance with a reputed and well-established Herbal beauty care manufacturer in India, which manufactures for an exclusive cosmetic brand in the UK market. The new product line will be branded “Natura”

...Download file to see next pages Read More
Tags
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Marketing management Essay Example | Topics and Well Written Essays - 3000 words”, n.d.)
Marketing management Essay Example | Topics and Well Written Essays - 3000 words. Retrieved from https://studentshare.org/miscellaneous/1535466-marketing-management
(Marketing Management Essay Example | Topics and Well Written Essays - 3000 Words)
Marketing Management Essay Example | Topics and Well Written Essays - 3000 Words. https://studentshare.org/miscellaneous/1535466-marketing-management.
“Marketing Management Essay Example | Topics and Well Written Essays - 3000 Words”, n.d. https://studentshare.org/miscellaneous/1535466-marketing-management.
  • Cited: 0 times

CHECK THESE SAMPLES OF Marketing management

Strategic Marketing Management

This study "Strategic marketing management" deals with the marketing strategies that are necessary for Hewlett Packard company.... hellip; The major problem bedeviling HP is that there are so many layers of management divisions in the organization such that it becomes difficult for the customers to know exactly the person they can approach if they want to buy something.... It can be noted that the organization has 11 layers of management between the executive and the department....
3 Pages (750 words) Case Study

Next Directory Public Limited Company

It is a British retailer marketing clothing, footwear, accessories and home products.... Table of Contents A – Area of Study Page 2 B – PLC Stage Page 2 C - Target Market Page 3 D – Product Repositioning Page 3 E – Pricing Strategy Page 3 F - Distribution Strategy Page 3 G – Ethics Page 4 A - Area of Study Next was founded by Joseph Hepworth in Leeds in 1864 as a tailor under the name of Joseph Hepworth & Son....
5 Pages (1250 words) Article

Business and Marketing Management

This report “Business and marketing management” is on a UK based company “Inchcape” that is an automotive retailer.... Second is performance management, since they have set the "best in class" gold standards to achieve excellence in performance.... Second is performance management, since they have set the “best in class” gold standards to achieve excellence in performance.... hellip; The author states that the company has two marketing options it can endeavour and being a consultant the latest issues in service marketing can be adopted by the company for customer satisfaction, increased market share, competitive advantages and profit generation....
8 Pages (2000 words) Essay

Applied Marketing Management - Marks & Spencer

This report outlines a new approach for managing brands that brings the process into line with recent advances in the management of flatter, customer-facing organizations.... The factors which contribute to this value gap are discussed in the context of the changing customer where customer value is increasingly generated by business processes traditionally outside the remit of brand management. The report discusses and analyse the overall brand management at Marks & Spencer....
7 Pages (1750 words) Essay

Marketing Management class discussion wk3

I would marketing management Discussion marketing management Discussion Q1 Regina realizes that she does not like the television after 21 days and decides to return it to the store.... The best way is adopting a proper customer relationship management style where the client completely and appreciates the company policy....
1 Pages (250 words) Assignment

Marketing Management Class Discussion wk6

hellip; Through the data collected and analyzed by the article, it negatively affects partner relationship due to variations in costs of production rather than equity. Thus, this marketing management marketing management International joint partner selection was an article by Oliver and Roy in 2009.... Strategic marketing....
1 Pages (250 words) Essay

Marketing Management Class Disscussion wk9

It also helps a marketing team identify the marketing management Discussion wk9 marketing management Discussion wk9 Difference between Target Markets and Market SegmentsTarget marketing is the creation of a business strategy with the end user in mind.... Target market is the group of people who satisfy the objective of a marketing plan.... In contrast, market segmentation is the breakdown of a large consumer base into small segments that are… A market segment is a specific group of people, for instance, men or women, towards whom a marketing strategy places its focus (Gale and Swire, 2006). marketing segmentation is essential because it specifies potential targets....
1 Pages (250 words) Essay

Marketing Management: Best Buy

This paper “marketing management: Best Buy” analyses the operation of Best Buy by dividing the paper into four segments.... The four key subjects covered in this paper are SWOT analysis, industry and company success factors, Best Buy driving forces and international strategic alliances....
11 Pages (2750 words) Assignment
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Contact Us