Marketing Strategy and Assembling Operations Strategy and Human Resource Strategy of a Camera Firm Marketing Plan

Total Length: 974 words ( 3 double-spaced pages)

Total Sources: 1+

Page 1 of 3

GLO BUS Marketing Plans

Marketing Strategy -- Glo Bus

Summary- Glo-Bus is a U.S. based international digital-camera company with production operations in Taiwan. The industry is cyclical and highly competitive with a market growing 8-10% per annum and heavily price elastic due to volume and technological improvements in digital phone devices.

Target Customers- Digital camera customers are typically more sophisticated and technologically savvy than the general population. They research products thoroughly prior to purchase and fall within the Early Adapter or Early Majority segmentation model. Most are college educated (or equivalent) who are either professional photographers or highly skilled amateurs with household incomes in excess of $75,000.

Unique Selling Proposition- Because of the heavy competition and price wars between Smart Phones and other camera manufacturers, the USP for Glo-Bus is based on gleaning a competitive edge: "Glo-Bus -- Don't just shoot it -- experience it."

Pricing and Positioning- While Glo-Bus has entry-level camera models, the quality and technology of its products aligns more with mid-upper range units. Pricing is competitive, but not primary and focus is on quality, benefits, features, and warranty (long-term use). PS: "Glo-Bus -- quality and innovation when and where you need it the most.

Distribution -- Distribution remains primarily through retailers of all sizes focusing on shops or organizations that provide knowledge-based consultative services rather than one-size fits all.

Collateral/Promotions -- Focus on higher end collateral that acts as a soft sell by masking as a tutorial/educational piece with tips, instructions and advanced techniques.

Stuck Writing Your "Marketing Strategy and Assembling Operations Strategy and Human Resource Strategy of a Camera Firm" Marketing Plan?

This combines with online forums, interactive web casts and web-based photographic contests.

Assembly/Operations Strategy -- Glo Bus

Process Strategy -- Use of Taiwan-based manufacturing plan that alleviates some of the tension regarding seasonal spikes and order-retailer time lag.

Timing -- Continue to support Just In Time inventory by ordering specific products one quarter ahead of delivery

Distribution -- High end private camera or electronic shops; or higher end online retailers that focus on quality

Philosophy -- Tri-part focusing on process implementation and innovation; use of repetitive-based parts when possible, and innovatively product focused using new technologies and improvements regularly to remain competitive.

Product Focused Strategy -- Overall, production and assembly based on product line with high volume but low variety -- ensures consistency and high quality over time. While specialized labor is needed, the higher capital investment and more specialized equipment ensures that the product's standards will be maintained.

Improving Service Productivity- Continual feedback loop from customers via Internet, Customer Service Surveys, webcasts and beta testers -- FOCUSED-based strategy that drives innovation and higher end sales for professionals. Higher level of QC set from industry benchmarks (e.g. reduction of errors from 1.5% industry standard to .5% overall).

Process Reengineering -- Bi annual review of processes and reevaluation of purpose and objectives based on service volume, error ratio and customer feedback. Zone between design and effective capacity to product needed incase in volume with low-error ratio.

Improved Capacity Planning- As….....

Show More ⇣


     Open the full completed essay and source list


OR

     Order a one-of-a-kind custom essay on this topic


sample essay writing service

Cite This Resource:

Latest APA Format (6th edition)

Copy Reference
"Marketing Strategy And Assembling Operations Strategy And Human Resource Strategy Of A Camera Firm" (2013, October 27) Retrieved April 27, 2024, from
https://www.aceyourpaper.com/essays/marketing-strategy-assembling-operations-125703

Latest MLA Format (8th edition)

Copy Reference
"Marketing Strategy And Assembling Operations Strategy And Human Resource Strategy Of A Camera Firm" 27 October 2013. Web.27 April. 2024. <
https://www.aceyourpaper.com/essays/marketing-strategy-assembling-operations-125703>

Latest Chicago Format (16th edition)

Copy Reference
"Marketing Strategy And Assembling Operations Strategy And Human Resource Strategy Of A Camera Firm", 27 October 2013, Accessed.27 April. 2024,
https://www.aceyourpaper.com/essays/marketing-strategy-assembling-operations-125703