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The GE-McKinsey Matrix is a tool that helps companies decide which of its Products,
Services or Business Units are worth investing into.
Industrial Attractiveness.
o How attractive is the economic sector in which a certain Product, Service or
Business Unit is located.
Competitive Strength.
o How strong is the company in that particular sector.
High.
Medium.
Low.
The Invest / Grow scenario.
The Selectivity / Earnings scenario.
The Harvest / Divest scenario.
When industry
attractiveness is at High (at
high attractiveness)
Worth Improving Selective Earning Maintain Position
Industry
attractiveness As camel milk improve
industry attractiveness (at
medium attractiveness)
Divest / Harvest Is it worth keeping it Benefit while it last
SO as initially when camel milk is launched in India, it will have no competitor and
will have so very High competitor strength and low industry attractiveness
This will be the time for Amul for then to start activating product, to promote product with in
consumer and to make market awake by means of various advertising initiatives.
As per ge9 matrix this will be the time to invest and hold to market till product get activated
This will be the time when industry attractiveness will rise and patience done while holding
and investing in market will start paying off. Still more marketing activities and activation needs to be
done so that remaining interested population will start using product.
This is the phase in which Amul will have absolute hold over competitive strength and as well as
industry attractiveness. This will the time the need to be watching over emerging competitor who
might want to get benefit from this newly emerged market attractiveness. Also maintaining growth
and brand awareness
Q no 2 Ans –
Though packaged camel milk is the unique thing in Indian market, there are certain benefit of it
which held it in different position in market with respect to cow milk.
These unique properties of camel milk are something important in terms of quality and health which
has be used to attract buyer, these unique properties are
- Camel milk was proven to contain three times the amount of vitamin C found in
traditional cow’s milk and one and a half times that in human milk.
- It was also a good source of vitamin B1 and calcium
- Lower fat content and the presence of anti-bacterial properties also made camel
milk more beneficial than cow’s milk.
- Camel milk was more similar to human milk than cow’s milk.
- Camel milk’s natural probiotic properties made it easy to digest
- It could be consumed by lactose-intolerant people
- Camel milk was an effective antioxidant.
All those are proven benefit of camel milk which can be used while promoting it which can increase
its resonance with customers.
As since the product is new with its consumers in Indian market, it won’t be much difficult with Amul
to increase industrial attractiveness and setup market
Q no 3
A) –
● To be authentic and transparent – brands can’t get away from talking fluff/jargon without meaning
it
● The need to speak their language – via mediums they access, like social, digital and video, which
● Offer genuine value, tangible solutions, and convenience – have strong messaging that instills
● Word of mouth – the biggest advertising ever to this generation; however, word of mouth does
not necessarily have to be direct. It could also be in the form of online reviews.
All convenient means of advertisement can be user to spread product awareness and its benefits for
customers
Activation campaigns to be held across Dairy stalls, Malls, Offices, School where representative can
interact with different consumers and sample them products and activate product.
Proper feedback to be taken from people to know pros and cons of product, so that product can be
made more consumer likely.
Once there is growth in consumers, there campaigns can be executed to make people keeping hook
upto product.
Q3
B)
Marketing 4.0 is a marketing approach that combines online and offline interaction between
companies and customers. In the digital economy, digital interaction alone is not sufficient. In fact, in
an increasingly online world, offline touch represents a strong differentiation. Marketing 4.0 also
blends style with substance. While it is imperative for brands to be more flexible and adaptive due to
rapid technological trends, their authentic characters are more important than ever.
When coming to personas, a detailed customer journey map is the key to arranging a great
campaign, with detailed channels of your offer distribution. Think not only of your customer as a
person, that needs your services. Ask — what else do they need, what are the obstacles and what
Multichannel Marketing
As you probably know, customer journey map has to include all the channels and platforms on
which your users can meet your offer. Whether it’s a Search Engine or Linkedin, design the content
for each channel. Understand why this users are engaged with this particular platform, what they
want to see or read there. Multichannel interactions can be a key to success, but remember that
each channel is different and needs to have a different content & call to action. Change the
perspective to your users and design interactions that are suited best for them in each channel
Engaging multichannel practises, you need to understand too, that you have your user on board
not only up to the point of sale. Engagement marketing is all about your followers, interested
leads, that might make a purchase someday, clients that remember your offer and product and
want to stay with your company, and finally — brand awareness. Let people participate and
interact with your brand even if they are not completely the target, that needs to be addressed.