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Cambridge Technology Partners 1991 Start Up Case Study Help Checklist

Cambridge Technology Partners 1991 Start Up Case Study Help Checklist

Cambridge Technology Partners 1991 Start Up Case Study Solution
Cambridge Technology Partners 1991 Start Up Case Study Help
Cambridge Technology Partners 1991 Start Up Case Study Analysis



Analyses for Evaluating Cambridge Technology Partners 1991 Start Up decision to launch Case Study Solution


The following area focuses on the of marketing for Cambridge Technology Partners 1991 Start Up where the company's customers, competitors and core proficiencies have assessed in order to validate whether the decision to release Case Study Help under Cambridge Technology Partners 1991 Start Up brand name would be a possible alternative or not. We have firstly taken a look at the type of clients that Cambridge Technology Partners 1991 Start Up deals in while an evaluation of the competitive environment and the company's strengths and weak points follows. Embedded in the 3C analysis is the reason for not introducing Case Study Help under Cambridge Technology Partners 1991 Start Up name.
Cambridge Technology Partners 1991 Start Up Case Study Solution

Customer Analysis

Cambridge Technology Partners 1991 Start Up consumers can be segmented into two groups, industrial customers and final customers. Both the groups use Cambridge Technology Partners 1991 Start Up high performance adhesives while the business is not only associated with the production of these adhesives however also markets them to these consumer groups. There are 2 types of products that are being sold to these potential markets; instantaneous adhesives and anaerobic adhesives. We would be concentrating on the customers of instantaneous adhesives for this analysis given that the marketplace for the latter has a lower potential for Cambridge Technology Partners 1991 Start Up compared to that of instant adhesives.

The overall market for instant adhesives is around 890,000 in the United States in 1978 which covers both customer groups which have been determined earlier.If we take a look at a breakdown of Cambridge Technology Partners 1991 Start Up prospective market or customer groups, we can see that the company offers to OEMs (Original Devices Makers), Do-it-Yourself customers, repair work and revamping companies (MRO) and makers handling products made of leather, plastic, metal and wood. This variety in customers recommends that Cambridge Technology Partners 1991 Start Up can target has different choices in regards to segmenting the market for its brand-new item especially as each of these groups would be needing the very same type of product with particular changes in packaging, demand or quantity. The customer is not cost sensitive or brand mindful so releasing a low priced dispenser under Cambridge Technology Partners 1991 Start Up name is not an advised option.

Company Analysis

Cambridge Technology Partners 1991 Start Up is not just a maker of adhesives however delights in market management in the instantaneous adhesive industry. The company has its own skilled and qualified sales force which adds worth to sales by training the business's network of 250 distributors for facilitating the sale of adhesives.

Core skills are not restricted to adhesive manufacturing only as Cambridge Technology Partners 1991 Start Up likewise specializes in making adhesive giving equipment to assist in making use of its items. This double production strategy offers Cambridge Technology Partners 1991 Start Up an edge over rivals since none of the competitors of dispensing devices makes immediate adhesives. Additionally, none of these rivals offers directly to the consumer either and utilizes suppliers for connecting to consumers. While we are looking at the strengths of Cambridge Technology Partners 1991 Start Up, it is important to highlight the business's weaknesses.

Although the business's sales staff is competent in training distributors, the fact remains that the sales group is not trained in offering devices so there is a possibility of relying heavily on suppliers when promoting adhesive devices. It must likewise be kept in mind that the suppliers are showing reluctance when it comes to offering equipment that requires servicing which increases the challenges of selling equipment under a specific brand name.

If we look at Cambridge Technology Partners 1991 Start Up product line in adhesive equipment especially, the business has actually items aimed at the high end of the marketplace. If Cambridge Technology Partners 1991 Start Up sells Case Study Help under the very same portfolio, the possibility of sales cannibalization exists. Given the truth that Case Study Help is priced lower than Cambridge Technology Partners 1991 Start Up high-end line of product, sales cannibalization would absolutely be affecting Cambridge Technology Partners 1991 Start Up sales income if the adhesive devices is sold under the business's brand.

We can see sales cannibalization impacting Cambridge Technology Partners 1991 Start Up 27A Pencil Applicator which is priced at $275. There is another possible threat which might reduce Cambridge Technology Partners 1991 Start Up profits if Case Study Help is launched under the business's brand name. The reality that $175000 has actually been spent in promoting SuperBonder suggests that it is not a good time for launching a dispenser which can highlight the reality that SuperBonder can get logged and Case Study Help is the anti-clogging solution for the instant adhesive.

In addition, if we look at the market in general, the adhesives market does not show brand name orientation or price awareness which offers us 2 additional reasons for not introducing a low priced item under the company's trademark name.

Competitor Analysis

The competitive environment of Cambridge Technology Partners 1991 Start Up would be studied via Porter's five forces analysis which would highlight the degree of competition in the market.


Degree of Rivalry:

Currently we can see that the adhesive market has a high growth capacity due to the existence of fragmented sections with Cambridge Technology Partners 1991 Start Up enjoying management and a combined market share of 75% with two other market gamers, Eastman and Permabond. While industry rivalry between these gamers could be called 'intense' as the customer is not brand conscious and each of these players has prominence in terms of market share, the fact still remains that the industry is not filled and still has several market segments which can be targeted as prospective niche markets even when releasing an adhesive. We can even point out the reality that sales cannibalization might be leading to market competition in the adhesive dispenser market while the market for instant adhesives provides growth potential.


Bargaining Power of Buyer: The Bargaining power of the purchaser in this industry is low especially as the buyer has low understanding about the product. While business like Cambridge Technology Partners 1991 Start Up have managed to train distributors relating to adhesives, the final customer depends on suppliers. Approximately 72% of sales are made directly by makers and distributors for instantaneous adhesives so the buyer has a low bargaining power.

Bargaining Power of Supplier: Provided the truth that the adhesive market is controlled by three players, it could be stated that the provider delights in a greater bargaining power compared to the buyer. The truth stays that the provider does not have much influence over the buyer at this point particularly as the purchaser does not show brand name acknowledgment or price level of sensitivity. When it comes to the adhesive market while the buyer and the manufacturer do not have a major control over the real sales, this indicates that the supplier has the higher power.

Threat of new entrants: The competitive environment with its low brand name loyalty and the ease of entry revealed by foreign Japanese competitors in the immediate adhesive market suggests that the marketplace enables ease of entry. Nevertheless, if we look at Cambridge Technology Partners 1991 Start Up in particular, the company has dual abilities in terms of being a maker of instantaneous adhesives and adhesive dispensers. Prospective threats in devices dispensing market are low which shows the possibility of developing brand awareness in not just instant adhesives but also in giving adhesives as none of the market gamers has managed to position itself in double capabilities.

Threat of Substitutes: The hazard of substitutes in the instantaneous adhesive industry is low while the dispenser market in particular has substitutes like Glumetic pointer applicators, in-built applicators, pencil applicators and sophisticated consoles. The fact remains that if Cambridge Technology Partners 1991 Start Up presented Case Study Help, it would be enjoying sales cannibalization for its own items. (see appendix 1 for framework).


4 P Analysis: A suggested Marketing Mix for Case Study Help

Cambridge Technology Partners 1991 Start Up Case Study Help


Despite the fact that our 3C analysis has offered various reasons for not releasing Case Study Help under Cambridge Technology Partners 1991 Start Up name, we have actually a recommended marketing mix for Case Study Help offered listed below if Cambridge Technology Partners 1991 Start Up chooses to proceed with the launch.

Product & Target Market: The target market picked for Case Study Help is 'Automobile services' for a variety of reasons. There are presently 89257 establishments in this sector and a high use of approximately 58900 pounds. is being utilized by 36.1 % of the market. This market has an additional development capacity of 10.1% which might be a sufficient niche market section for Case Study Help. Not just would a portable dispenser deal convenience to this particular market, the fact that the Do-it-Yourself market can also be targeted if a safe and clean low priced adhesive is being sold for usage with SuperBonder. The item would be offered without the 'glumetic idea' and 'vari-drop' so that the consumer can decide whether he wishes to go with either of the two accessories or not.

Price: The suggested rate of Case Study Help has actually been kept at $175 to the end user whether it is sold through distributors or via direct selling. This rate would not consist of the expense of the 'vari idea' or the 'glumetic idea'. A rate below $250 would not need approvals from the senior management in case a mechanic at a motor vehicle upkeep shop requires to buy the item on his own. This would increase the possibility of influencing mechanics to buy the item for use in their daily maintenance jobs.

Cambridge Technology Partners 1991 Start Up would only be getting $157 per unit as displayed in appendix 2 which offers a breakdown of gross profitability and net success for Cambridge Technology Partners 1991 Start Up for introducing Case Study Help.

Place: A circulation model where Cambridge Technology Partners 1991 Start Up straight sends the product to the regional distributor and keeps a 10% drop shipment allowance for the supplier would be utilized by Cambridge Technology Partners 1991 Start Up. Because the sales group is already taken part in offering immediate adhesives and they do not have competence in selling dispensers, involving them in the selling process would be expensive particularly as each sales call expenses roughly $120. The suppliers are currently offering dispensers so selling Case Study Help through them would be a favorable choice.

Promotion: A low promotional budget plan ought to have been designated to Case Study Help but the reality that the dispenser is an innovation and it requires to be marketed well in order to cover the capital costs incurred for production, the recommended advertising plan costing $51816 is advised for at first introducing the item in the market. The planned advertisements in publications would be targeted at mechanics in lorry maintenance stores. (Suggested text for the ad is shown in appendix 3 while the 4Ps are summarized in appendix 4).


Limitations: Arguments for forgoing the launch Case Study Analysis
Cambridge Technology Partners 1991 Start Up Case Study Analysis

A recommended plan of action in the form of a marketing mix has been discussed for Case Study Help, the fact still stays that the product would not match Cambridge Technology Partners 1991 Start Up product line. We have a look at appendix 2, we can see how the total gross success for the two designs is expected to be roughly $49377 if 250 units of each model are made each year as per the strategy. Nevertheless, the initial planned advertising is roughly $52000 annually which would be putting a pressure on the company's resources leaving Cambridge Technology Partners 1991 Start Up with a negative earnings if the expenditures are assigned to Case Study Help just.

The reality that Cambridge Technology Partners 1991 Start Up has currently incurred a preliminary investment of $48000 in the form of capital expense and model development suggests that the earnings from Case Study Help is not enough to undertake the risk of sales cannibalization. Besides that, we can see that a low priced dispenser for a market showing low flexibility of need is not a more effective alternative specifically of it is impacting the sale of the company's profits generating models.


 

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