This presentation was the final segment to a group case study project in our marketing strategies course at Northern Kentucky University. The goal was to analyze the attributes multiple members of the management team at the Jones Blair Company had contributed, that focused on marketing efforts, in order to increase market share.
3. SENIOR MANAGEMENT
VP OF ADVERTISING
VP OF SALES
VP OF OPERATIONS
VP OF FINANCE
HIRE AN EXTRA SALES
REPRESENTATIVE FOR AN
ADDITIONAL COST OF 60,000
INCREASE ADVERTISING BUDGET BY
350,000
CUT PRICES BY 20% ON ALL
PAINT PRODUCTS
MAINTAIN CURRENT OPERATION
BEHAVIOR
4. VP OF ADVERTISING
INCREASE ADVERTISING BUDGET BY
350,000
SALES
COG
ADVERTISING
COMMISSION
OTHER
12,480,000
7,488,000
4,992,000
724,400
124,800
3,307,200
835,600
13,480,000
8,088,000
5,392,000
724,400
134,800
3,572,200
960,600
BASE ADJUSTED SALES
7. WEIGHING IN
CAPABILITY
Are we meeting a goal that is appropriate
and in line with company’s capacity?
PROFIT
Does the option provide enough initiative
to invest time/money in to?
QUESTION: WHICH MARKETING EFFORT DO WE NEED TO PURSUE IN ORDER TO GET
CLOSER TO OUR COMPANY’S OVERALL GOAL?