In 2005 Gauri Nanda, supported by neuroscience research that demonstrated the depth of the average American’s sleep deficiency problem, created significant media buzz with the prototype of her revolutionary alarm clock “Clocky”. Unsure of how to position a product that had a growing following but was still over a year away from production, Nanda was faced with a number of difficult decisions as she attempted to devise a marketing plan to bring her Clocky project to fruition. The following is our analysis of her situation, and suggestions on how she should proceed.
Using a SWOT analysis we are able to define the success factors that will influence Clocky’s future launch on the market by identifying the potential threats that Nanda is facing as well as weaknesses inherent in her business model thus far.
Placing these weaknesses and threats in the context of her current situation (considering all financial and time constraints as well as the considerable media exposure she has received), we would prioritize her marketing challenges as follows, in order of cruciality:
1) Slow time to market: Nanda must address the time frame of her launch immediately, in order to ensure that she is able to exploit the potential of holiday sales to the fullest, especially considering Clocky has a high potential as a gift item.
2) Difficulty communicating product attributes/image: this challenge relates directly to Nanda’s choice of distribution channels, as the channels she chooses will impact the way in which the Clocky brand is perceived immensely. If she addresses this communication properly, the “fad” threat will be diminished significantly as well
3) Need to recoup start-up costs: this challenge will be addressed by careful ...
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Pizza Hut-The Complete Package
Today we live in a society that demands convenience and accessibility. The food service industry has demonstrated its ability to grow and lead this revolution of convenience through some of the most creative initiatives to date. Many fast food chains such as McDonalds, Taco Bell, and Pizza Hut continue to satisfy their customer base by planning initiatives that refine their products and suit the taste of their customers. By organizing, Pizza Hut ensures that they have presented the best alternative to dining out. Pizza Hut is currently leading the food chain industry by providing a convenient service to a variety of venues. Pizza Hut also has complete control over their vision. Currently located in 90 countries and territories (Pizza Hut, 2006), they continue to focus on globalization. They control how they treat their customers and, more importantly, how they treat their employees. Pizza Hut believes (Pizza Hut, 2006) that they have a corporate responsibility to develop a workforce that is diverse in style and where everyone makes a difference. In concerning themselves with how they differentiate from their competitors, Pizza Hut has an emerging new e-business and a superior focus on the product and service they provide to the customers and employees. Throughout this paper we will discuss the factors of globalization, e-business, and diversity, and the impact that these factors have on the four functions of management...
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