EBK MANAGEMENT, LOOSE-LEAF VERSION
EBK MANAGEMENT, LOOSE-LEAF VERSION
13th Edition
ISBN: 8220103768115
Author: DAFT
Publisher: YUZU
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Chapter 8, Problem 9DQ
Summary Introduction

To determine:

Whether targeting the women segment will complement or confound the company's differentiation strategy.

Introduction:

Differentiation is an generic competitive strategy, this is not anything to do with prices or cost leadership. Differentiation is an strategy that company's use to gain a competitive advantage by differing their products from the competitors in terms of quality, size looks, after sale service, branding and etc. this is where company's try to differentiate other than using prices. Differentiation has being a very successful concept for many organizations helping them stand out from competitors and attract an increased target segment leading to higher market share.

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3. As a costumer, do you think having those multiple marketing segmentations or offering products in different target market can lead you to become loyal in their product or service?
Read the caselet and answer the question : The perfume industry, as fragrant as it may seem, is a multi-billion dollar industry, where many firms spend a sizeable amount of money to create awareness. This market has gained significance and become bigger with each passing day, as developing markets opened their economies to global players. They sponsored a lot of beauty pageants, and in turn, many were won by women from these economies. The concept of being beautiful and appealing was promoted through huge celebrity endorsements. The advertisement tag-lines “Fragrance has a character”, “fragrance has an identity”, and “fragrance has an appeal”, flourished, Marquee names like Yardley, Fragonard, Davidoff , Calvin Klein , Titan, Chanel, The Body Shop, Burberry, United Colors of Benetton, Elizebeth Arden, Hugo Boss used these tag-lines to enter the perfume business. They spent huge amounts on creating their brand presence and niche.  Many others lined up to capture a small market share…
Executive Summary for Walmart - What is the Company Description? - Target Segment? - Competitive Advantage?
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