StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...
Free

Set Up a New Business and Product Launch - Essay Example

Cite this document
Summary
The author of the paper "Set Up a New Business and Product Launch" argues in a well-organized manner that the attributes relevant to improved communication and intense market are subsequently valued factors for enacting and accelerating a new product…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER96.9% of users find it useful
Set Up a New Business and Product Launch
Read Text Preview

Extract of sample "Set Up a New Business and Product Launch"

? PRODUCT LAUNCH Launching PEPSI-COLA GOLD and PEPSI-COLA GREEN Introduction Launching a new product is an important pillar that enables organizations to acquire relevant competitive advantage. Despite the changing global phenomena, the prerequisite for product launch are attributed to the changing trends in both the managerial and the technological advancements. The attributes relevant to improved communication and intense market are subsequently valued factors for enacting and accelerating a new product. The successful strategic process involves skillful navigation and proper product development. Ideally, the essentiality of the technique involves sufficient investment in competitive markets. The products – Pepsi-Cola Gold and Pepsi-Cola Green Pepsi-Cola Gold and Pepsi-Cola Green come with a rich past, having gone through a century of successful marketing. Pepsi has a long rich past, originating from the last 100 years of success. Caleb Bradham’s analysis provides a definite concept about the sophistication within the market. He developed a strong franchise and also aided better business attributes. With an all time slogan, “Drink Pepsi Coal”, he has moved through generations, and the new product provides a mild combination of tasty Pepsi flavours, enriched by western lemon brandss. The gains of Pepsi-Cola Gold and Pepsi-Cola Greenare attributed to the empirical framework that defines and create substantial formulation of the ideal criterion to manage an orderly launching process. Firstly, the relevance of the launching implications state that the usefulness of the model is ideally fundamental to the overall strategy and this overruns Market evaluation for Pepsi is an important phenomenum needed to accomplish positive business feedbacks. The real marketing strategies for this product are hugely dependent on the existing market forces. Ideally, the trends equally explore the usefulness of the momentum generated by the launching method. Service provision offers an unmatchable environment for defining and creating all-inclusive market principles, including decisive market trends. This interpretation aid the core managerial policies and marketing systems derived from the product’s popularity status. Product Strategy The customer-delivered value approach creates a competitive advantage and Braithwaite and MacKay, (1991) explains that market timings are fundamentally vital for better product launches. The target market in this case being London, offers established identities and the marketing mix roles offer techniques including suggested activities within and outside London. Equally, the prescriptions aiding the market fronts are expansive and to undertake the critical plans, prescriptions for Pepsi-Cola Gold and Pepsi-Cola Green will involve forecast financial outcomes. The new brands establish greater positioning and particularly on the basis of dependent marketing variables. Service provision defines the London market for Pepsi-Cola Gold and Pepsi-Cola Green as a continuous process which offers substantial customer management concepts. These are ideally explained by the relative operational standards which are comprehensively vital for appropriate product launches. The process range involves implementing the specific marketing processes ranging from selling, pricing and product distribution. Equally, the attainment of the formal distribution mechanisms will also involve the larger market inclusions. In the views of Gray et al, (2005), the business development structures are aided by established market formations. The distinctiveness of the London market is widely explored by the emerging business platforms. The strategy is hugely dependent on a focused penetration level. The research indication for Pepsi-Cola Gold and Pepsi-Cola Green creates coexistence between the specific business models and the defined product factors in the target london market. The Pepsi-Cola strategy applies new market variables. Equally, market pioneering component is specifically aligned from a relatively innovative environment. The attributes of the market strength are applied with three strategic factors being identified in lieu of the product innovativeness as well as product newness. The niche followers described by mass marketers would hence establish improved market trends and this cut across a greater product base. Tactical launch decision The launch strategy involves building a hierarchy and the Pepsi-Cola Strategy provides a relevant measure relative to the underscored problem-solving domain. This understanding reveals understanding Pepsi-Cola problem and in parts ensuring that the scenario writing is established. The principle hence defines the relevance tree and this ensures that the factual measures such as unified establishment of the core goals and attributes are taken into consideration. The final element is to establish a thoughtful evaluation strategy. The experienced factors hence involve product market experience as well as information derivative. Product performance The launch involves entry strategies required for Pepsi-Cola product and equally, the topological measure is to strategize the firm’s financial system. This evidently ensures that applicable evidence is completely achieved, with decision-making process and perceived criteria for capturing new marketing environments. Pepsi aided Advantage for business establishments New marketing platforms in the Pepsi-Cola environment are a compound relative to establish a more focused business growth within a unified establishment and the process is largely based on much more defined product provision. The penetration level of the company’s market is based on the overall connections of business units in the United Kingdom and in particular the london market. The informative research indicators said that the existence of specific business models characteristically exemplifies the growing affection towards the potentially highly emerging business platforms. The implications of relative product disposition and market evaluation in the UK will give a holistic technique which ultimately makes a market a ground for establishing proper segmentation of customers. The existence of product base gives the entire process a soluble platform for creating adequacies within a marketing environment. Statistically, the preferences attributed to the market environment indicate that business units are measured by the scale of customer relations and the products within which the consumer levels are based on. Pepsi-Cola costing analysis with marginal costing Projected systemic costing and the proportionate accounting analysis will enable Pepsi-Cola financial ability to be directly influenced by its overall marketing strategies. Due to changing determinants, the growth of the market will be analytically established through significantly changing market trends. The transformations brought about by its expert systems has equally increased the organization’s output classification by a huge scale and as such the impacts of profit projects has basically defined the monetary evaluation which is transformable within the mainstream business cycles. Pepsi-Cola Gold and Pepsi-Cola Green costing analysis with Variance The output scenario which Pepsi Cola operational unit provides is geared towards creating a standard costing measure. With variance analysis component, the objective sampling is variably classified with reference to both the actual costs and the standard costs. Pepsi-Cola Gold and Pepsi-Cola Green Financial analysis     Variable Fixed Total Operating Contribution Contribution   Revenues Costs Costs Costs Income Margin Margin % A. $4,000 $1,000 $600 $1,600 $2,400 $3,000 75% B. 4,000 2,500 600 3,600 400 1000 25% C. 2,000 1400 600 2,000 0 6000 30% D. 2,500 1800 600 2,400 600 1200 40% Net present value appraisal Year Cash Flow (?) Discount Factor (4.75%) Present Value (?) (CF x DF) 0 -550,000 1 -550,000 1 30,000 0.95 28,640 2 80,000 0.91 72,909 3 95,000 0.87 82,654 4 105,000 0.83 87,211 5 125,000 0.79 99,115 6 520,000 0.76 393,622 Total 405,000   NPV =214151 Cost per unit table W-I-P units Percentage (%) complete Equivalent complete units Cost per completed unit Total cost material 3100 100 3100 70 217000 labour 3100 60 1860 50 93000 overheads 3100 75 2325 20 46500 Total 3100 356500 Net Present Value Appraisal Graph Environmental sustainability Pepsi Cola is dedicated to shielding the earth's natural resources all the way through improvement and the well-organized use of land, water and packaging in all operations. As a dynamic global business, they rely on the earth's natural resources every day. And as it continues to grow, our businesses in developed countries and expand in developing and emerging countries, we strive to use only methods and tools that are scientifically proven, socially responsible and economically sound. Packaging and waste management practices are one area where consistent use of environmentally friendly technology has ensured that the way we handle the products and dispose of any waste is going to be beneficial to the environment. Conclusion Pepsi-Cola Gold and Pepsi-Cola Green underwent an important marketing strategy which eventually creates a maximum procedure for an innovative launch strategy. The success of the products equally involves key market phenomena, (Alone). References Braithwaite, J., & MacKay, T. (1991). Testing and Expected Utility Model of Corporate Deterrence. Law and Society Review, 25, 7-40. Gray, Wayne, B., & Ronald, J. (2005).When and why do Plants Comply? Paper Mills in the 1980s. Law & Policy, 27, 238-61. Gunningham, N., R. Kagan., & Thornton, D. (2003). Shades of Green: Business, Regulation and Environment. California: Stanford University Press. Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Set Up a New Business Essay Example | Topics and Well Written Essays - 1000 words”, n.d.)
Set Up a New Business Essay Example | Topics and Well Written Essays - 1000 words. Retrieved from https://studentshare.org/management/1463777-set-up-a-new-business
(Set Up a New Business Essay Example | Topics and Well Written Essays - 1000 Words)
Set Up a New Business Essay Example | Topics and Well Written Essays - 1000 Words. https://studentshare.org/management/1463777-set-up-a-new-business.
“Set Up a New Business Essay Example | Topics and Well Written Essays - 1000 Words”, n.d. https://studentshare.org/management/1463777-set-up-a-new-business.
  • Cited: 0 times

CHECK THESE SAMPLES OF Set Up a New Business and Product Launch

Pricing: New Product Development

Pricing-New Product Development [Instructor Name] The Company The company is about to introduce a new product in UK market, which is an “eco car bin'', a restoring eco friendly product.... For a new product to be launched, it is necessary that the product meet the needs and wants of the customers, this is how new buyers could be attracted, and the product will penetrate in the starting aspect of time (Kotler and Armstrong 2008).... The aim is to launch the product in utmost 200 sites of the country and with a strong pricing strategy....
14 Pages (3500 words) Essay

International and Strategic Marketing

This assignment "International and Strategic Marketing" shows that in Telemarket, our business and core areas of expertise are market training and consultancy in the UK.... With the expansion to Paris, the company will also introduce a new product in the market.... The new product involves training programs for International marketing.... The most obvious reason for the choice of this product is because Paris, being a renowned historical city in the world, attracts several local and international tourists every year....
9 Pages (2250 words) Assignment

Entry Strategy of Kellogg India

It originally planned the launch only in Mumbai metro to be extended subsequently after the trial marketing to the rest of the country.... They also launched Frosties soon after the launch of Chocos.... This made them launch the Chocos Biscuits which was not as successful as the Chocos flakes.... After tasting success with the launch of new flavors for the cereal food, Kellogg went on to create further varieties.... hellip; The company had planned for a high profile media coverage to put the product in the market....
14 Pages (3500 words) Case Study

Launching a New Product - a Variant of Red Bull

Typical time lines for launch:Pre-launch activities: Month 0 - 3 Product completion By Month 3 at latestLaunch planning Month 4 - 6Launch Month 7 -10Sometimes a company actively markets the right product or service to the right people in the right media.... To gain a bit of insight, consider the following:To launch a product on a limited budget, the best bet is to market when the competitors have eased up so that the product can gain the largest share of target audience attention with the smallest investment....
16 Pages (4000 words) Essay

Marketing Value of Advertisement Campaign for New Product Launch

The objective of this research "Marketing Value of Advertisement Campaign for New product launch" is to concern the approaches to marketing an innovative product in a certain field.... For a new product launch, if the negative publicity marks the beginning, they stand to lose the market share.... a new product would first try to penetrate the market but established brands like P&G seek a long-term relationship with the customers.... Marketing does not merely involve 'using a pinch of the internet, a sprinkle of product sampling and a dash of PR'....
8 Pages (2000 words) Case Study

The Main Goal and Objective for Launching iPhone

he company will be launching a new product in the market.... This report will include all the requirements, the planning process, implementation and the effective means of monitoring the implementation process (Comments on “a new Product Growth for Model Consumer Durables The Bass Model 2011).... This paper will focus on how launch effectively a new iPhone for the Apple Inc.... The launch of this product will also assist in distributing the product in the market....
8 Pages (2000 words) Essay

Land Rover and its Business System

(Land Rover confirms grant offer to build a new model, March 2009) (Land Rover Company Profile, April 2009).... Under European law, automakers have to cut carbon emission of new vehicles by 19% within a period of five years (Arnott S.... The project is primarily taken up due to the shift of the global auto industry towards green cars to check the global warming and also is a part of raising efforts towards making more fuel efficient and cost effective cars....
12 Pages (3000 words) Case Study

Process of New Product Introduction

The author of the following research paper "Process of New Product Introduction" states that New Product Introduction (NPI) or, sometimes, New Product Development (NPD) is the process by which organizations launch a new product or service into the market for the first time (Moore, 1999).... hellip; According to the text, NPI involves the entire process involved in introducing a new product in the market.... The process of introducing a new product should ideally be very easy....
11 Pages (2750 words) Research Paper
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Contact Us