Extra Credit Marketing
NB: Product should have failed in 2015. No limit on pages. The more you cover the points given below, the more you score.
Max: 10 points!!
- Define the product
- Short history describing the failure of the product
- Reasons for failure of the product
- Wrong segment (fuzzy, weak, incorrect)
- Positioning (inert, inept, misplaced)
- Product itself
- Timing of launch
- Pricing
- Distribution (wrong channel of distribution)
- Promotion & advertising
- Competition
- Regulatory factors (government policies)
- Environmental change
- Corporate support
- Organizational factors
- Change in management
- Buyer behavior
- Branding
- Economy
- Culture
Your Recommendations
- What would you have done to make the marketing strategy work?
- Assumptions
- Context
- Qualifications
10 years ago
8
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