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Courses: Product Design and Development Professor: Estuardo Lu
Marketing Management
Your group should develop a draft LAUNCHING PLAN of a new product OR RE-LAUNCHING
of an existing product or service with some significant innovation. This semester the category
is going be Cereals. Each team is going to represent one Key competitor of the category
(Nestle, Alicorp, Kellog´s, Molitalia, Quaker-Pepsi Co. and Gloria )
For this, you will have to identify the idea of an innovative product and the company that
would develop it (company that already exists or new company). With this, you should
analyze and diagnose among all the situation of the same in order to determine the problem
or level of attractiveness of the market opportunity for the product and propose
recommendations with objectives and strategies (depending on the corresponding course) to
improve the situation of the proposed brand and to be validated through market research
The team should meet periodically to discuss with the rest of the members what you are
proposing for the plan, so that you can articulate the parties well and an integrated plan is
achieved and also made that everyone knows the complete plan and can verify the
coherence in everything they pose. The team will be wrong in only dividing the items of the
work individually, not meeting and not discussing the solution or proposal among all team
members.
In other to generate a winning concept your team should hire the market research services
from a Consumer Psychology specialist that is offering his consulting services. For this purpose
each team should define the product idea for the project and fill the market research brief
template to require a market research study in order have key information of your target
(product usages, consumer habits, attitudes and insights).
Before choosing the market research services each team should require at least two
different market research proposals with quotation in commitment. Teams should
evaluate and negotiate with the market research specialist and select one of them as
your partner for the development of the project.
The work includes the analysis and diagnosis of the situation to determine the level of
attractiveness (strategic assessment) and the definition of objectives, strategies and
recommendations for having a successful launching for the product (strategic formulation
and tactical programs) and its validation through market research (qualitative and
quantitative).
Learning Objective
This assignment seeks that the participants develop an essential capacity that every
Professional in Marketing must master, which is, to be able to articulate and integrate the
research resources, the concepts and the strategies learned in a Marketing plan for the
launch of a product.
TENTATIVE INDEX
1.1. Analysis of the Mission, Vision and Values and/or Business Principles. (gianella)
1.2. Buyers and Consumers Market Analysis
1.2.1.Level or % Penetration of the Category
1.2.2.Market Size - Historical Evolution
1.2.3.Existing Segmentation
1.2.4.Growth Rate of the Total Market and by Segment
1.2.5.Unsatisfied Needs and Trends
1.2.6.Purchasing Habits:
1.2.6.1. Frequency and quantity of purchase
1.2.6.2. Reasons for product purchase
1.2.6.3. Decision makers and influencers of the purchase
1.2.6.4. Moments of Use
1.2.6.5. Frequency and volume of consumption
1.2.7.Purchasing Attitudes:
1.2.7.1. Brand Awareness
1.2.7.2. Perception of Brand Image
1.2.7.3. Brand Preferences
1.2.7.4. Reasons of use and non-use of the Brands
1.2.7.5. Valuation of Attributes
1.2.8.Distribution or Commercialization Channels
1.2.8.1. Main points of purchase
1.2.8.2. Typical Commercial Structure of the Market
1.2.8.3. Resale Prices and Commercialization Margins
1.2.9.Others
EXTERNAL ANALYSIS
NOELIA
SARA
1.5.5. Current Direct Competitors Analysis
1.5.5.1. Strengths, Weaknesses
1.5.5.2. Current and Future Strategies
1.5.5.3. Rivalry Level and Competitive Position
1.5.5.4. Competitors Positioning
1.5.5.5. Coverage or Distribution
JUNTAR EL TRABAJO AL FINAL E INDICE
JUAN
1.5.5.6. Penetration in Households or Customers
Básicamente, las cuatro empresas intentan presentar envases
cómodos y pequeños para cargar y transportar, en el caso de los
productos enfocados a niños las envolturas son mas llamativas y
practicas, en los productos que se enfocan mas en hogares se
enfocan en resaltar las cualidades del producto y el precio de
adquisición.
Los rangos de precios de los productos de MOLITALIA varian desde
los 0.60 centavos hasta los 30 soles.
1.5.5.7. Packaging and Presentation Size
1.5.5.8. Product Types
1.5.5.9. Average Prices by Point of Sale
1.5.5.10. Positioning Comparative Analysis
COSTA
1.5.5.11. Products and Presentation Comparative Analysis
BIBLIOGRAFIA Y FORMATO
INTERNAL ANALYSIS
2.1. Definition or Redefinition of the Mission and Vision of the Company (only if the
diagnostic show that a mission or vision redefinition is require)
3.2.3. Prices
3.2.3.1. Price Strategy
3.2.3.2. Competitive Pricing Policy
3.2.3.3. Pricing
3.2.3.3.1. Valuation and Price Sensitivity
3.2.3.4. Cost Structure and Profitability
3.2.3.5. Price Tactics
3.2.3.6. Price List and Price Structure to the Channel
3.2.3.6.1. Margins and Discounts by Channel and Point of Sale
3.2.3.6.2. Payment and Credit Conditions
3.2.3.7. Break-Even Analysis (if it is applicable)
ANEXS
Can include:
o Any other information that complements your analysis:
o Brief for a market research request
o Market research consulting services comparision and selection
o Market research report with:
Secondary Information findings
Research design and measurement instruments.
Reports of the results of your primary research.
o Information of packaging and packing process.
Additional guidelines
If require made the assumptions that you believe are appropriate to clarify for the support of
your final recommendations. For the internal environment analysis, in case the product is new,
you can consider it as the startup entrepreneurship project of your team or you might suppose
that it is going to be launch by a well know organization or corporation. (Don't need to include
investment, costs or profits for budget purposes).
Include only the following headings marked in yellow or in green in your Final Project (green
parts can be developed together with the support of your Consumer Psychology specialist).
Depending if you have collected public information or have the access to the information.
Final Presentation
The plans are presented written in the UEvirtual (in word and ppt) or in a USB (with all the
sustents or attachments investigated) and orally (with ppt or similar) in English in a Board
session chaired by the course teachers and an additional team of students of the courses.
And also printed with one copy of the written Word document.
Each team will have a maximum of 40 minutes to present their proposal and 10 minutes to
answer the questions. The presentation will be done in the last week class as indicates the
syllabus
Plans must be concise, clear with high level of analysis and synthesis. This include:
- High quality Executive Summary
- Clear definition of the opportunities and of the problems in the Diagnostic
- Clear definition of the objectives
- Effectiveness in the recommended strategies and tactics
- Coherency and creativity of the all the ideas of the strategy
High impact oral presentation would receive extra grades.
Qualification criteria:
First Draft Report 20%
Final Report
Oral team presentation 25%
Written report 30%
Individual Oral presentation and contribution to the 25%
team (Professor´s and team members evaluations)