Volume XXXV Number 10 October 2005 |
|
Validity of RKS Model for New Product Launch |
New products are
the lifeblood of many companies. Indeed, many companies (such as 3M,
Gillette, HP) set goals for sales based on new products. New
products can be classified as ‘Lemon-scented’ and ‘really
new products’. ‘Lemon-scented’,
slightly new products are relatively easy to forecast and low in
risk and are often profitable. ‘Really new products’, in contrast,
are hard to forecast, take a long time to develop, and frequently
produce profits for later entrants but not for pioneers. New product
development shapes the company’s future. A Company can add new
products through acquisition or development. The stakes are high in
either case and millions of dollars are poured in the process. Hence
managers the world over are constantly on the look out for ways and
means that would minimise the risks associated and at the same time
ensure the success of the new products. RKS model can be used as an
effective tool to predict the success or failure of a product
concept. It clearly indicates how good is a product idea/ concept. |
Kinnari
Shah
Somaiya Institute of Management Studies & Research(SIMSR)
University of Bombay
Mumbai |
Dr.R.K.Srivastava
Emeritus Prof and Research Guide
Member-Editorial Board-Synergy
Mumbai email: srivastava@vsnl.net |
| |
Consumer buying behaviour in two-wheeler industry-With special
reference to Hero Honda Motorbikes |
|
Industrialization has brought vast changes in the Automobile
Industry, because growth and development of any area requires
appropriate transportation facilities. Automobile industry is one of
the fastest growing sectors in our country. The rapid growth of
middle class section is the primary reason for the growth of
two-wheeler Industry. People in rural and semi urban areas are
trying to elevate their life style and people in metropolitan cities
are completely disappointed with the public transport system.
India is the third
largest manufacturer and second largest consumer of two wheelers in
the world. It has been achieved due to variety of reasons like
restrictive policy of the Government of India and rising demand for
personal transport. |
Mrs.M.L.Kameswari
Sr. Lecturer in Commerce
State Board of Technical Education & Training
Hyderabad |
Mrs. A. Santosh
Kumari, Dr.D.Raghunatha Reddy
Associate Professor
School of Management Studies
Jawaharlal Nehru Technological University
Hyderabad |
An
empirical study to determine the perceptual positioning of ten well
known toothpaste brands |
|
Positioning is not what you do to a
product. Positioning is what you do to the mind of the prospect (Ries
and Trout, 1986).The purpose of positioning is to create a distinct
position or place for a particular brand in the minds of the target
market so that it stands apart from competing brands. The
objectives of this paper are:
1.
To know by means of
perceptual maps, ‘how’ target customers (youth segment for this
research paper) perceive one brand vis-à-vis other brands.
2.
To understand how
brands are positioned in relation to relevant attributes
3.
To find ‘gaps’ or
’holes’ for potential opportunities of launching a new product.
4.
To check whether
marketing communications have been successful in placing the brand
in the desired position |
|
P.Ganguly
Faculty-Marketing
Tolani Institute of Management Studies
Adipur,Gujarat
email:parthasarathy_ganguly@rediffmail.com |
Marketing of Coffee is in a difficult path-An Analysis under Global
Environment |
Coffee is one of
the most important beverages, which is non-alcoholic like tea, cocoa
etc. It has been said that it comes next to oil in political and
economic importance. A large number of countries in Latin America,
Africa and elsewhere rely heavily on coffee exports for their
income, and this has made coffee important in politics. It is one
of the important commercial crops grown in tropical regions. Coffee
possesses a unique and characteristic aroma and is consumed
throughout the world. It is one of the major traded commodities in
the international market with an annual turnover of more than 10
billion dollars. |
|
Dr.S.Murugan
Reader in Commerce
Vivekananda College
Kanyakumari District
Tamil Nadu |
Customer satisfaction in relation to the products and services of
Nagarjuna Herbal Concentrates Ltd (NHCL) |
For
customer-centric companies,
customer satisfaction is both a goal and marketing tool.Nagarjuna
Herbal concentrates Ltd. (NHCL) is a leading ISO 9001: 2000
Ayurvedic company operating from Kerala. It is involved in the
production and marketing of clinically proven, patented Ayurvedic
products as well as Ayurvedic consumer products. The company
is also having its own medical units with treatment and
pharmaceutical services. The R & D facility of NHCL is approved by
the drugs Controller, Kerala state. The company considers the
customer as the “King” and customer satisfaction plays important
roles in market growth, product diversification, market modification
and above all retaining an intact customer base. The present paper
is an effort to critically evaluate the feelings and responses of
the customers of NHCL towards its product and services with a view
to explore new avenues in marketing. |
Rincy
V.Mathew and G.Sudha
Faculty Members
Department of Business Administration
Annamalai University
Tamil Nadu |