Professional Documents
Culture Documents
Sumera Sattar MM 2
Sumera Sattar MM 2
BBA III
SECTION “B”
MARKETING MANAGEMENT
ASSIGNMENT # 01
SUBMITTED TO: SIR RAJA RUB NAWAZ
Case # 01 (chapter # 06)
IKEA
QUESTION NO 01
Answer;
Here are the some of the things that IKEA is doing to reach
consumers in several markets;
● Providing products according to the requirement of several
markets.
For example, when IKEA employees understood that US
consumers were purchasing vases as drinking glasses
because they considered the dimensions of their drinking
glasses too small so, IKEA developed the massive size glasses
for US markets.
Also, after they learned that European consumers generally
hang their clothes while US consumers prefer to store them
folded, they developed the wardrobes for US markets with
deeper drawers.
● Showrooms vary likewise in numerous countries or region in
steps to their requirement.
For example, when IKEA learned that US consumers thought
that IKEA only produced European-sized bed in order that
they immediately changed its US showrooms to feature the
king-sized beds and different styles to alter the thought of
US consumers.
● It’s a low-cost furniture business that sells the resembled
and casual furniture and the highest number of their
customers are college students and families with children.
● they offer the bulk of stylish and customizable products.
● Their diverse selection of things so as to satisfy the
requirement of numerous markets.
● Flat packaging makes the shipping easier and also
straightforward to them to assemble at home. And it also
offers the good consumer experience.
CONS:
● Consumers may find the difficulties in self-assembly.
● The societal trend’s shifting can affect the sales of IKEA.
● Designing the stores might be overwhelming so, consumers
don’t know where to begin.
● Anything that causes its cost to high the prices of the
products increase. that may also affect the sales growth of
IKEA.
CASE # 02 (chapter # 02)
EMIRATES
QUESTION #01
Answer;
Emirates is one of the largest airlines in the middle east which
is operating over 3300 flights per week from its center Dubai
international airport.
The success of emirate may be through a mixture of marketing
mix as emirates emphasized product, equipment and excellent
services and promoted a high-quality image which provides a
good customer service.
Answer;
No doubt emirates have built strong brand in the competitive
airline industry but the corporate remain not without the faults
some apparent weaknesses,
● They are overconfident about their position and they
overlook to their marketing strategy.
● They ignore their competitors.
● They are doing no research on pros and cons of their
competitors.
Such as gulf air also signed up on free sky policy and now
are ready to compete with emirates with the identical
quality of services at competitive prices.
● Emirates only targets the elite class people which could
become a threat for them as if people receive same
services with low prices, they will go for it.
How can they address them?
Emirates address their weaknesses by taking its
competitors in to consideration by developing strategies
to compete strongly with them.
● By improving inflight services.
● They have to develop new products like private suits
● The company should become a shareholder in the Airbus
or Boeing companies as improving and developing
products showing high investments.
● They can offer packages for non-premium class.
● They can extend their route
Answer;
The business strategy of emirates can be affected in following
ways by the decline of fuel prices globally,
● It might be in favor of company because it can now follow
the cost cutting strategy and can target more consumers.
● the cost-conscious customers can now be targeted by
them.
● To reduce the fluctuation in prices, risk the company can
store the fuel earlier for 6 to 24 months by buying jet fuel.
● When the customers increase, so the profit will also
increase so company can invest more on planes and
goods in order to continue the generation of profit
margin in future.