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Marketing Management
GD-IM 25
Final EXAM CASE STUDY:
Trap-Ease: The Big Cheese of Mousetraps
SUPERVISOR:
1
DR. ASHRAF TALAAT
In the beginning to evaluate this once-in-a-lifetime opportunity it can be divided into 2 ways
Internal way & External way
Internal Way
2
Company Evaluation: -
They must know them
strength, & weakness
Goal & Objective
Experience, Skills & resources
Technology
External way
They need very important information about the following.
1 - Market Customer
2 – Market Segment
3 – Market Target
4 – Market Competitors
5 – Marketing collaborators
1 - Customer: -
They must need to know.
Customer need
Customers want.
And how they product meet these needs & want.
What is the problem in other product and how it solved by their product?
2 - Market segment: -
They must answer group of question such as
Who, where and why will buy this product?
3 - Market target: -
By collecting these previous data, they will put the target.
4 – Market Competitors: -
It can be known by collecting information about competitor strength, weakness,
opportunity, and threads.
5 – Market collaborators: -
What are their suppliers Distributers, and their partner?
1.2 BUILDING MISSION statements