Case summary:
Company L is a toymaker company which was founded in the year 1932 by Person C. Later it was moved to his son Person K after Person C’s dismiss. They made plastic bricks. The product was produced on targeting both girls and boys but it was attracted more by the boys. So Person K wants to make its products exclusively for the girls. For this purpose he made various research to know the habits and preference of the young girls. The research found that girls are concentrated on role playing and they are attracted on colors.
So he made a product called Company L friends set. This set includes 5 female mini figures, and created with attractive colors like pink, lavender, and turquoise. This product becomes a controversy as it forced gender stereotype.
But the sales were double than the earlier. It attractive girls heavily. The success of the company was because of its research, workers, and customer relationship.
Characters in the case:
- Company L: The toymaker
- Person C: The founder of Company L
- Person K: Son of Person C
To discuss: The research taken by Person K to develop Company L friends set and whether
Want to see the full answer?
Check out a sample textbook solution- Instruction: 1. Give one new distribution channels for Virtual Assistance (freelance business) that is not commonly used. - show a chart/diagram to illustrate the flow of the distribution channels. - explain the rationale behind it. (e.g., increased market reach, improved customer experience, cost-efficiency). - connect the given distribution channel to the marketing mix: (How does it align with the overall marketing strategy? Consider product, price, promotion, and place.). - define the target audience: (Age, gender, location, interests, etc.). - lastly, identify potential participants: (Wholesalers, retailers, online platforms, etc.) Kindly provide references.arrow_forwardQUETION ON WHITE CLAW casearrow_forwardHome Depot Financial Outlook Next 5 years.arrow_forward
- Home Depot Operations and Strategic Planning.arrow_forwardHome Depot Marketing and Distribution Strategiesarrow_forwardWrite the best answer in the blank. Here is your word bank: Ego, monetary risk, psychographic, physical risk, demographic, social risk, geographic, functional risk, behavioral, Super Ego, psychological risk, Ikea Effect, Classical Conditioning, Linked Prosperity, Id, J.N.D. Home Depot targets the Professional segment (e.g. contractors, builders etc). They purchase in bulk and generally have specific delivery requirements because of the types of products they purchase. Home Depot uses what basis of segmentation to target their “Pros”: _______________________arrow_forward
- This print ad is targeting a consumer that most likely falls into this Maslow’s Hierarchy of Needs category: a) Self-Actualization b) Physiological Needs c) Love and Belonging d) Safety and Security e) None of the Abovearrow_forwardSelf-image congruence models suggest that we choose products when their attributes match some aspect of the self. Beyonce’s Beehive fan club uses this theory of the self-concept: a) Looking Glass Self b) Influential Self c) Ideal Self d) Extended Self e) None of the abovearrow_forwardAnswer each question below. Use details, specifics, and examples to explain your answer. You should write five sentences at a minimum. Each question is worth 10 points. Question: According to the video watched in class, explain how Ben & Jerry’s use activism to build their brand.arrow_forward
- KFC is using what specific type of marketing in this ad: a) Ethical b) Corporate c) Philanthropic d) Consumer e) None of the abovearrow_forwardAnswer each question below. Use details, specifics, and examples to explain your answer. You should write five sentences at a minimum. Question: What did you learn about social media from our class?arrow_forwardAnswer each question below. Use details, specifics, and examples to explain your answer. You should write five sentences at a minimum. Question: Discuss the principles learned in the NPR audio called I Buy Therefore I Am?arrow_forward