Thursday, August 29, 2019
Marketing Case Problem Solving Study Example | Topics and Well Written Essays - 500 words
Marketing Problem Solving - Case Study Example The target market for aggressive campaigning should be the garage owners or dealers who are not mechanics; initially they should be educated about the product, since they are not aware about the use of the product. d. The competitors of Duncan industries were using combination of wholesalers and company salesperson. They also used price strategy to boost their sales. Duncan industries can also work on those lines and develop a good strategy so that its price is also very competitive and also try to use a combination of wholesalers and sales personnel to increase its sales. The industry can carry out a SWOT analysis and hence get solutions to its different current problems. The SWOT analysis will provide a solid base as a springboard to categorize succeeding actions in the marketing plan. According to Kotler and Armstrong (2006), product position or distribution as a "set of interdependent organizations involved in the process of making a product available for use or consumption by consumers". Place strategy has to make use of efficient distribution of products within the marketing channels like the wholesalers or retailers. The industry can look for expanding its business in the European markets. But to carry out this it has to look for a joint venture of a good company which has a brand name and is famous too.