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

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