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Marketing In-Class Case Study Answers: - Aditya Shah BS20BEC001
Marketing In-Class Case Study Answers: - Aditya Shah BS20BEC001
2. Should Rolex continue with their heritage of analogue watches or should they
diversify into the luxury digital watch market? Justify.
Rolex is a London based wrist watch making company. This company has established
itself to be a luxury watch making company. But the company does not only sell watches
but people who buy these watches think of it as an achievement. A Rolex watch is not
just a watch, it’s a work of art. A work of art never gets too old or never gets out of
fashion. Plus, it would be too costly for Rolex to invest in R&D. Till date, people prefer
wearing a luxury watch like Rolex instead of a digital watch. It gives the owner an upper
status. Hence, Rolex should not diversify into the luxury digital watch market and
instead should focus on delivering quality.
4. Should Ferrero come up with cheaper variants to enter the Indian price sensitive
market and compete with Nestlé and Cadbury?
Ferrero is kind of a luxury chocolate brand. People buy Ferrero to show that they are
buying expensive chocolate with great quality and taste. People in India like a show of
status but, slowly, this dynamic is changing. People like to buy things that provide quality
but for a cheaper price. Hence, Ferrero should come up with products that would help
them survive in a price sensitive Indian market.
7. Since Mountain Dew focuses on sports and adventure, which other marketing
strategies can be adopted by the company?
Mountain Dew can use subliminal advertising as one strategy to increase its sales and
customer base. The company can also make a drink specific for a market. Like for India,
they can make a drink which is suited for the Indian taste profile. Mountain Dew is not
very famous in India, but if they make a drink which is suited for the Indian taste
preferences, they can penetrate a huge market and increase sales and customer base.
9. How Samsung has changed its culture from a copycat to a leading consumer
electronics manufacturer?
Samsung started investing in R&D and also invested in young talents like young
designers, young engineers, people who had fresh ideas and who could take the
company to the next level by creating original and good-looking products.
10. What role does information and technology play in business for Walmart and
Amazon? Give some suggestions for their improvement
Information and technology plays a very crucial role for businesses such as Amazon and
Walmart. This is because online purchases are on the rise and in the future may account
for as much as a third of all retail buying. Information and technology helps businesses
such as Amazon and Walmart as it collects data from the clients and customizes
advertisements and product recommendations according to the same. This will help
Amazon and Walmart create a smooth buying experience for its customers and also
increasing sales.