Question

In: Economics

Q 1. If you start a new company selling electronic bikes in Dubai, how will you...

Q 1. If you start a new company selling electronic bikes in Dubai, how will you adopt the Relationship Marketing based on your analysis of product and production marketing orientations?

Q 2. Explain any 3 strengths and 3 weaknesses of differentiation strategy that could be adopted by any Service Organization in the UAE market.

Q 3. ETIHAD Airlines is planning to launch a new airlines for female passengers only. Elaborate how you will analyze the Demographic Environment to assess the Potential market, Available market & Target market for the new airlines.

Q 4. How can Canadian University Dubai apply the 3 criteria for Points-of-Difference in order to come up with a new brand mantra to achieve brand communication and inspiration.

Q 5. If Etihad is challenging Emirates as the market leader in airlines’ industry in the UAE, how can Emirates be a Creative Anticipator and apply any 3 defense strategies.

Q 6. How can the Global Village conduct a market research to increase number of local and expat visitors? Discuss the research objectives, research approach and methodology that could be adopted by the Global Village.

Q 7. The Rashid Port in Dubai is implementing its Social Marketing Program to strengthen the brand image. Analyze the strengths and weaknesses of the 4 types of campaigns that could be adopted by the Rashid Port.

Solutions

Expert Solution

Q 1. If you start a new company selling electronic bikes in Dubai, how will you adopt the Relationship Marketing based on your analysis of product and production marketing orientations?


Well, the following points should form a substantial part of our RELATIONSHIP MARKETING based on analysis of PRODUCT:

  • Attraction: Ebikes should be such that the consumer must lock eyes with.
  • Connection: Your brand value must play it cool and speaks to the consumers.
  • Dating: Your brand really wants to get to know the consumer a little better, so it asks for the consumer's preference and ideas.
  • Relationship: The consumer must come to the point that it says loud, "I lover your ebikes"
  • Marriage: The consumer and your product must be in a long term, committed and mutually appreciating relationship.
  • Interactions with potential customers as to what they really want in an e-bike.
  • Running DIRECT RESPONSE marketing campaigns
  • Emphasis on customer retention and loyalty by way of serving the exact needs of the customers in general and in specific too.
  • Provide e-bikes with figuroutable but easy customization: such as body color, accessories type, stickers' design, light lamp colors, horn sound variation (to the extent allowed by local laws), etc.
  • Providing company sponsored charging stations that charge a minimal electricity cost only.
  • Make various parking lots and railway stations your sales promotion hubs. Take customers' feedback. Know their aspirations and expectations from the ebikes.
  • Motoring range (kilometers run per charge) is a major worry for the customers. Tell them how substantially your ebike runs more miles every charge. And also tell them to take just a 15 minute training on YouTube, about driving habits to extract more miles per charge.
  • Develop a mobile app and promote it amongst your customers. Excite them to post how much money they save on gasoline every month. And also how much they save on repair costs when compared to gasoline bikes.
  • Connect with customers over internet. Tell them about your new ebike scheduled for launch next month. Encourage customers to share their selfie with your brand ambassador and 'soon to be launched product' on the social media.
  • Offer customers the service and maintenance solutions at their doorstep, that too at the time of their convenience. Let them post a feedback on your website when they receive back their fixed ebike.


And, the following points will make a substantial part of our RELATIONSHIP MARKETING based on analysis of PRODUCTION:

  • Continuous interactions with the existing customers as to what utility they still miss in their e-bike.
  • Continuous interactions with the potential customers as to what design they aspire for in their new e-bike.
  • Designing and developing strong connections with the customers by providing them with information directly suited to their needs and interests.
  • Make your product designers to work in tandem with a select team of aspirational customers.
  • Follow the production philosophy of WHAT CUSTOMERS WANT and not WHAT YOU CAN PRODUCE. You see, Honda, once, increased the legroom on rear bench of its cars, just by making the backrest of front seats thinner. It didn't have to stretch the car longer and increase the price for that. You know what! This was result of customer feedback only.
  • By promoting an open communication with consumers.

Related Solutions

A company is considering creating and selling a new type of cookies. Start your paper by...
A company is considering creating and selling a new type of cookies. Start your paper by composing some hypothetical, brief details that summarize what the organization is, what it does, and the product they may launch. Then, create a report explaining the research process that should be used by the company to make this decision. Your report should answer the following questions: What is the research question? What is the proposed research? How would you design the research project? What...
As the vice president of finance for a company producing and selling electronic switchboards, you are...
As the vice president of finance for a company producing and selling electronic switchboards, you are considering a foreign investment to build a plant to assemble electronic components. A source in China advises you that a town near Shenzhen may be an excellent location for a new plant. Chinese are well educated and willing to work for reasonable wages. Projected construction costs are acceptable. Both rail lines and airports are nearby, and the current Chinese government seems politically stable. The...
Q. A Company has different investment options for their food business in Dubai. The table below...
Q. A Company has different investment options for their food business in Dubai. The table below shows conditional values for the investment in various options for the Company under different states of nature (demand conditions). All values are in US Dollars. Alternatives State of Nature High Demand Low Demand Option 1 7,000 -1,000 Option 2 12,000 4,000 Option 3 11,000 3,000 If the probabilities associated with the states of nature are 0.75 for high demand and 0.25 for a low...
You are going to start a company selling bottles of bacon soda (not baking soda). You...
You are going to start a company selling bottles of bacon soda (not baking soda). You have determined that to bottle your masterpiece, you’ll need to pay a bottling company $1.45 per bottle produced. They can send you 10 cases (48 bottles per case) for a $240 shipping cost. You’ll also need to hire someone to place your labels on each bottle once they arrive from the bottling company. You pay $.25 per label from an online supplier. Let’s assume...
1.A price-taking firm Bikes Inc makes and sells bicycles. Bikes Inc uses the production function q=(k+2l)^(1/3)....
1.A price-taking firm Bikes Inc makes and sells bicycles. Bikes Inc uses the production function q=(k+2l)^(1/3). Input prices are w=2 and v=3  for labor and capital respectively. Given that the firm uses initial amount of capital k=12 . compute the firm's short-run cost function. To verify that your have correct short-run cost function, calculate the short-run cost of producing 8 bicycles. Consider that the firm uses initial amount of capital k = 12 , and the firm faces the price P...
Assume you own a company that produces mountain bikes. Your company has manufactured mountain bikes locally...
Assume you own a company that produces mountain bikes. Your company has manufactured mountain bikes locally in the United States for over 30 years. Because low-cost competition is increasingly gaining market share and your company costs are relatively high, you are considering outsourcing production to India. 1. Describe how differential analysis can be used to assist in making this type of make-or-buy decision. Include specific examples related to producing mountain bikes in your response. 2. What additional factors would you...
Assume you own a company that produces mountain bikes. Your company has manufactured mountain bikes locally...
Assume you own a company that produces mountain bikes. Your company has manufactured mountain bikes locally in the United States for over 30 years. Because low cost competition is increasingly gaining market share and your company costs are relatively high, you are considering outsourcing production to China. A. Describe how differential analysis can be used to assist in making this type of make-or-buy decision. Include specific examples related to producing mountain bikes in your response. B. What additional factors would...
Kristin has decided to start a new business of baking and selling cookies to order and...
Kristin has decided to start a new business of baking and selling cookies to order and cater to the university students on campus when they study in the evenings and stay up till after midnight. She has named her business Cookie Cult. The following is the list of tasks she came up with for completing one cycle of cookie production. After a car arrives; inspector checks paper work and sets up machine Inspector collects payment for the service Inspector checks...
Annual demand for an Electronic company is given by the following equation: Q = 5000 +...
Annual demand for an Electronic company is given by the following equation: Q = 5000 + 0.5 Y + 0.2 A - 100P where Q is the quantity demanded per year, P is price, Y is income per household, and A is advertising expenditure. Currently, Y = $25000, A = $10000, and P= 100. 1.8. If this company wants to increase the current demand for its products by 15%, by how much should it increase its advertising expenditure? (1 point)...
Q.1. Ms. Moonmoon is going to start a new coffee shop near Sylhet Osmani International Airport....
Q.1. Ms. Moonmoon is going to start a new coffee shop near Sylhet Osmani International Airport. Suggest a Brand name for her coffee shop. Why do you think that your proposed brand name is perfect for her business? 4 Q.2. Do you consider BRAND when you are going to purchase something? Why or why not? 3 Q.3. Suppose, you have started an online business recently. Your business is Sylhet metropolitan area based and you sell imported Laptops, Tabs, Mobile phones,...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT