Identify a company that you believe suffered, or is currently suffering, from Marketing Myopia (use your previous company, if applicable).
Review your MarkStrat information from Period 0. Use the information to develop decisions for Period 1
Identify a company that you believe suffered, or is currently suffering, from Marketing Myopia (use your previous company, if applicable).
–Develop paper and presentation for 10-minute discussion in class (same as before)
–In a document and powerpoint, including examples drawn from outside sources discuss why that organization is in that position and why or what they might have done to avoid this.
–Your arguments, supportive or disagreeing, should be reinforced by some additional outside sourcing (and be sure to incorporate quotes or specific references to those sources).
Hello, this is a marketing simulator assignment. It requires us to reflect the data in this simulator into a real company. So I want you to help analyze this set of data and complete the work required by the professor, which is to create a presentation.
Requirements: 300
1COMPANYDASHBOARD–FIRMR-ALPHA–PERIOD0
2FINANCIALREPORT–FIRMR-ALPHA–PERIOD0ThefinancialstatementsoffirmRpublishedforPeriod0havebeenpreparedonDecember31st,Period0inaccordancewithInternationalFinancialReportingStandards(IFRS),asadoptedintheMarkstratworld.CompanyProfit&LossStatementThetablebelowshowstheevolutionoffirmRfinancialresultsinthousandsofdollars,aswellasthecumulativeresultssincePeriod0.Period0CumulativeRevenues59,19859,198Costofgoodssold-39,624-39,624Inventorycosts-715-715Contributionbeforemarketing18,85918,859Advertisingexpenditures-4,000-4,000Commercialcosts-1,224-1,224Contributionaftermarketing13,63513,635Marketresearchstudies-245-245Researchanddevelopment00Loancapitalreimbursed00Loancapitalreceived00Loaninterestpaid00Exceptionalcostorprofit00Earningsbeforetaxes13,39013,390BrandcontributionThetablebelowshowsacomparisonofthenetcontributiongeneratedbythebrandsmarketedbyfirmRinPeriod0.ROCKROLLSonitesSonitesRevenues44,33114,867Costofgoodssold-28,645-10,979Inventoryholdingcost0-715Inventorydisposalloss00Contributionbeforemarketing15,6873,173Advertisingmedia-2,400-1,440Advertisingresearch-100-60Commercialcosts-612-612Contributionaftermarketing12,5751,061
3MarketingresultsThesectionbelowprovideskeymarketingresultsforeachofyourmarketedbrandsMarketSharesROCKROLLSonitesSonitesVolumeMarketShare19.5%5.9%ValueMarketShare25.2%8.5%MarketSharesROCKROLLSonitesSonitesVolumeMarketShare19.5%5.9%ValueMarketShare25.2%8.5%DistributionCoverageThedistributioncoveragefiguresinthechartandtablebelowrepresenttheproportionofdistributorswhocarryagivenproduct.Thereportgivestheinformationforeachbrandcurrentlyonthemarket.Thenumberofdistributorsineachdistributionchannelisprovidedaswell.ROCKROLLSonitesSonitesSpecialtyStores51%48%MassMerch.36%34%OnlineStores35%32%SpecialtyStoresMassMerch.OnlineStoresNumberofdistributors10,0006,0001,000BrandpricesThetablebelowshowsthepricesin$ofyourmarketedbrands.TheRecommendedRetailPriceisthepricethatyouspecifiedinyourmarketingmixdecisions.TheAverageRetailPriceistheaverageend-userprice,takingintoaccountthediscountofferedbydistributors.Finally,theAverageSellingPriceisequaltotheAverageRetailPriceminusthedistributionmargins.ROCKROLLSonitesSonitesRecommendedRetailPrice$495$550AverageRetailPrice$482$538AverageSellingPrice$305$337LoansandBudgetChangesThelefttablebelowsummarizestheloansand/orbudgetchangesthatweregrantedtoyourcompanybytheinstructor.Theothertableprovidesthepastandfuturepaymentsmadebyyourcompanytoreimbursetheloans.Thefirstcolumnshowsthereimbursementofthecapitalborrowed;thesecondcolumnsshowstheinterestspaidintheperiod;thethirdcolumnindicateshowmuchcapitalremainstobereimbursedattheendoftheperiod.Budgetincrease(K$)Budgetdecrease(K$)Loancapitalborrowed(K$)LoanDurationInterestrate(%)Period0Period1Period2Period3Period4Period5Period6Period7Period8Period9Period10
4Capitalreimbursed(K$)Interestpaid(K$)Capitalremaining(K$)Period0Period1Period2Period3Period4Period5Period6Period7Period8Period9Period10
5PRODUCTIONREPORT–FIRMR-ALPHA–PERIOD0ThereportbelowprovideswithinformationonproductionlevelsandproductioncostsforeachofthebrandsmarketedinPeriod0.Sales,ProductionandInventoryThechartbelowshowstheunitssold,theproductionlevelandinventorylevelforeachofyourbrandsattheendofPeriod0.Allnumbersaregiveninthousandsofunits.Thetablebelowprovidesyouwithadditionaldetailssuchasplannedproductionversustheactualone,andtheinventorylevelsatthebeginningandattheendofPeriod0.Allnumbersaregiveninthousandsofunits.ROCKROLLSonitesSonitesUnitssold14544ProductionPlan(yourdecision)150100Production14580Inventoryatbeginningofperiod00Inventoryatendofperiod036UnitCost,COGSandInventoryHoldingCostThetablebelowshowstheunittransfercostforeachofyourmarketedbrands.The“current“unitcostisthecostofthemostrecentlyproducedunits,whilethe“average”unitcosttakesintoaccounttheunitsthatwereinyourinventoryatthebeginningoftheperiod.Unittransfercostsaregivenin$;unitssoldinthousandsofunits.COGS(CostofGoodsSold)areequalto“Unitssold”x“Averageunittransfercost”.COGSaregiveninthousandsof$.Finally,thistableshowsthecostsincurredforholdingyourinventory(storagecost,costofcapital,…).Inventoryholdingcostisequalto:“Unitsininventory”x“Averageunittransfercost”x8%.Itisgiveninthousandsof$.ROCKROLLSonitesSonitesCumulativeprojectproduction145,46980,000Currentunittransfercost197249Averageunittransfercost197249Unitssold14544COGS28,64510,979Inventoryatendofperiod036Inventoryholdingcost0715
6R&DREPORT–FIRMR-ALPHA–SONITESMARKET–PERIOD0ThisreportprovidesinformationontheactivitiesconductedforyourdivisionbytheR&DdepartmentduringPeriod0.ProjectscompletedinPeriod0NoprojectshavebeencompletedinPeriod0.ProjectscompletedinpastperiodsTheprojectslistedbelowhavebeencompletedinpastperiods.Theonesatthetoparecurrentlyusedastheproductionplatformofoneorseveralofyourmarketedbrands.Theonesinitalic,ifany,areeithernolongerusedorhaveneverbeenusedtoproduceabrand.AvailableSinceFeatures(1)Design(2)Battery(3)Display(4)Power(5)CurrentMinimumCumulativeBudgetPlatformofBrandPOROCKPeriod01498933762191541,500ROCKPOROLLPeriod01347838952411612,000ROLL(1)Features(Numberof):From5To20.(2)Design(Index):From3To10.(3)Battery(Hour):From24To96.(4)Display(Inch):From4To40.(5)Power(GFlops):From5To100.ProjectspartiallydevelopedinPeriod0Youhavenopartiallycompletedprojects.ShelvedprojectsYouhavenoshelvedprojects.
7R&DREPORT–FIRMR-ALPHA–VODITESMARKET–PERIOD0ThisreportprovidesinformationontheactivitiesconductedforyourdivisionbytheR&DdepartmentduringPeriod0.ProjectscompletedinPeriod0NoprojectshavebeencompletedinPeriod0.ProjectscompletedinpastperiodsNoprojectswerecompletedinpastperiod.ProjectspartiallydevelopedinPeriod0Youhavenopartiallycompletedprojects.ShelvedprojectsYouhavenoshelvedprojects.
8DECISIONREVIEW–FIRMR-ALPHA–SONITESMARKET–PERIOD0ThisreportprovidesareviewofthedecisionsmadebyfirmRatthebeginningofPeriod0.ResourceAllocationOverviewThethreechartsbelowshowhowresourceshavebeenallocatedacrossmarkets,functionsandbrands.Allnumbersaregiveninthousandsofdollars.BrandPortfolioROCKROLLPortfoliooperationNewNewBaseprojectpastperiodPOROCKPOROLLBaseprojectthisperiodPOROCKPOROLLMarketingMixROCKROLLProductionplanning(inunits)150,000100,000Recommendedretailprice(in$)495550Advertisingmedia(inK$)2,4001,440Advertisingresearch(inK$)10060
9SegmentationStrategyROCKROLLExplorers30%25%Shoppers10%20%Profs30%30%HighEarners25%15%Savers5%10%PerceptualObjectivesROCKROLLDimension1Position1Dimension2Position2CommercialTeamSizeThetablebelowshowsthenumberofcommercialpeopleallocatedtoeachbrandineachchannelduringPeriod0.ROCKROLLSpecialtyStores1212MassMerch.1212OnlineStores66Thetwochartsbelowshowhowyourcommercialteamisallocatedacrosschannelsandbrands.Allnumbersaregiveninnumberofsalespeople.MarketResearchStudies–SonitesMarketThetablebelowliststhemarketresearchstudiespurchasedbyfirmRinPeriod0,aswellasthecostindollars.PurchasedStudiesCostin$ConsumerSurvey61,250ConsumerPanel102,000DistributionPanel61,250MarketForecast20,500
10DECISIONREVIEW–FIRMR-ALPHA–VODITESMARKET–PERIOD0Thisreportisemptyasyouhavenotmadeanydecisionsforthismarket.
11INDUSTRYDASHBOARD–FIRMR–PERIOD0-ALPHA
12INDUSTRYINFORMATION–PERIOD0-ALPHAThisreportprovideseconomicandcostingdataforthecurrentperiodaswellasestimatesforthenextperiod.EconomicVariablesCurrentPeriodValueNextPeriodEstimationGNPGrowthRate%3%3%InflationRate%2%2%Inventoryholdingcostperannum%TransferCost8%8%Lossincurredforinventorydisposal%TransferCost20%20%Commercialpeopleoperatingcost$20,40020,808Commercialpeoplehiringandtrainingcost$3,0603,121Commercialpeoplefiringcost$5,1005,202MarketResearchCostsAllMarketsSonitesVoditesIndustrybenchmarking31,250CompetitiveAdvertising31,25031,250CompetitiveCommercialTeam15,50015,500ConjointAnalysis36,50036,500ConsumerPanel104,00072,750ConsumerSurvey62,50041,500DistributionPanel62,50052,000AdvertisingExperiment26,00026,000CommercialTeamExperiment36,50036,500MarketForecast20,75020,750MultidimensionalScaling36,50036,500SemanticScales10,50010,500TOTAL31,250442,500379,750(allnumbersin$)
13MARKETREPORT–SONITESMARKET–PERIOD0-ALPHAThisreportprovidesgeneralinformationonthe8SonitesbrandsmarketedinPeriod0.BrandRetailSales&VolumeThetwotablesbelowshowthemarketedbrandretailsales(inthousandsof$)andthevolume(inthousandsofunits),sortedindecreasingorder.SharesofmarketinvalueandinunitarealsoprovidedBrandValueShareRetailSalesVariationROCK25.2%70,082TONE20.7%57,449MOST10.4%28,356SOLO10.0%27,647TOPS9.0%25,311SOFT9.2%25,212ROLL8.5%23,733MOVE7.1%19,442TOTAL100.0%277,233BrandUnitShareVolumeVariationROCK19.5%145MOST16.4%122SOFT16.1%120TONE14.9%111SOLO11.4%85TOPS8.6%64MOVE7.2%54ROLL5.9%44TOTAL100.0%745BrandCharacteristicsThetablebelowliststhephysicalattributesofmarketedbrands,aswellastheirpriceandestimatedunitcost,bothin$.BrandLaunchedinFeatures(1)Design(2)Battery(3)Display(4)Power(5)PriceBaseCost($)BaseCost(%Price)MOSTPeriod085538102506325%MOVEPeriod013482174338014237%ROCKPeriod014989337649521943%ROLLPeriod013478389555024143%SOFTPeriod074538152256026%SOLOPeriod07660113834010330%TONEPeriod0161074247653522341%TOPSPeriod010435369140516640%(1)Features(Numberof):From5To20.(2)Design(Index):From3To10.(3)Battery(Hour):From24To96.(4)Display(Inch):From4To40.(5)Power(GFlops):From5To100.
14MARKETREPORT–VODITESMARKET–PERIOD0-ALPHAThisreportisemptyasthereisnobrandonVoditesmarketinperiod0.
Collepals.com Plagiarism Free Papers
Are you looking for custom essay writing service or even dissertation writing services? Just request for our write my paper service, and we'll match you with the best essay writer in your subject! With an exceptional team of professional academic experts in a wide range of subjects, we can guarantee you an unrivaled quality of custom-written papers.
Get ZERO PLAGIARISM, HUMAN WRITTEN ESSAYS
Why Hire Collepals.com writers to do your paper?
Quality- We are experienced and have access to ample research materials.
We write plagiarism Free Content
Confidential- We never share or sell your personal information to third parties.
Support-Chat with us today! We are always waiting to answer all your questions.
