Wednesday, 13 July 2011

Session 3, Friday July 08

1. Juxtaposing:
  • To occupy a space in the retail outlet near to the market leader
  • E.g. Nokia v Micromax: India is a micro segmentation market and Nokia works on macro segmentation
  • E.g. ISB v IIM A: One year course
  • E.g. Maggi v Why-Why: Nepal's noodles giving head on competition to India's leading brands
  • You as the major market player cannot react to the competitor's strategy as it will benefit the competitor the most
2. Levels of product:

C

Core

B

Basic

E

Expected

A

Augmented

P

Potential

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