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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