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Marketing analysis of Rayovac case study (attached)

 Project ID  00618 Urgent!
 Project Status  Closed
 Created On  24 February 14:15:27
 End On  25 February 14:15:27   (Expired)
 Project Creator  warmtropics (studying in Studying In United Kingdom) (No rating)
 Project Type

Report

 Length
Note: This total includes references and bibliography.
 Deadline 29 February 2008

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 Description Analyse the marketing situation / challenges facing Rayovac with reference to both the environment in which it is operating and Raovac’s strengths and weaknesses (as they relate to rechargeable batteries). How can the company address them? What are the implications for marketing strategy?

How can an understanding of the product life cycle and the diffusion of technological innovations help Rayovac? Explain the perils of the “new product chasm” and how Rayovac can successfully negotiate across it.

The case study suggests that Rayovac are looking for long-term sustainability. Recommend a marketing strategy for Rayovac for 2006. What competitive positioning would you recommend and how should Rayovac go about achieving it? Emphasise your chosen competitive positioning and outline the marketing mix you would recommend to implement it.

What does Rayovac’s rechargeable battery line contribute to Rayovac’s product portfolio? Make sure to examine how its compares to its competitors.

Discuss how Rayovac have used innovation as a strategic tool for creating more and more satisfied customers and how their approach may need to change were they to choose to widen their customer base. Make sure to include the theory of Diffusion of Technical Innovations in your discussion.

Notes:

All answers need to be in bullet points and include:

A macro PESTL Analysis: political, economic, social, technological, legal

A SWOT Analysis

SWOT Implications: exploit threats, counter threats, build strengths first, build defenses

Product lifecycle and product chasm including Market Challenger Strategies: Frontal Attack, Flanking Strategy, Encirclement Strategy, By-Pass Strategy, Guerrilla Tactics

Defensive Strategies: Position Defence, Flanking Defence, Pre-emptive Strike, Counter Offensive, Mobile Defence, Contraction Defence

Resource portfolio, market segmentation principles, consumer lifecycle, market led innovation, diffusion of innovation, high tech product adopters

Features of Services: Intangibility, Inseparability, Heterogeneity, Perishability, Relationship marketing

The Marketing Mix: Product/Service Offering, Promotions and Communications, Pricing, Place (Distribution & Logistics)
Marketing communication

Pricing Methods: Cost Plus Pricing, Target Return Pricing, Going Rate Pricing, Perceived Value Pricing, Sealed Bids



 Subject Business
Marketing
 Level  Masters
 Standard Required  A
Structural requirements: Bullet points to analyse each question asked - use heading from marketing linear file attached
Writing style:
Referencing style: harvard
Essential sources:
Requested sources:
Other comments:




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