IMT-02 Marketing in Action: Notes
IMT-02 Marketing in Action: Notes
IMT-02 Marketing in Action: Notes
MARKETING IN ACTION
Notes:
a. Write answers in your own words as far as possible and refrain from copying from the text books/handouts.
b. Answers of Ist Set (Part-A), II nd Set (Part-B), IIIrd Set (Part C) and Set-IVth (Case Study) must be sent together.
c. Submit the assignments in IMT CDL H.O. along with the assignments Question Papers for evaluation .
d. Only hand written assignments shall be accepted.
A. First Set of Assignments
B. Second Set of Assignments
C. Third Set of Assignments
D. Forth Set of Assignments
5 Questions, each
5 Questions, each
5 Questions, each
to 200 Words.
Two Case Studies
SECTION - A
1. There are different kinds of retail stores small, medium and very large. List down the various types of retail
stores which are there.
2. write short notes on the each type on the meaning and relevance of convenience stores.
3. what are hyper markets ? what is their use?
4. Weekly haats are Indias own retail format- comment on that.
5. What is the difference between general retail stores and specialty stores .
SECTION - B
1. Explain the concept of dynamic pricing of services.
2. For what kind of services is dynamic pricing appropriate?
3. Give at least 2 examples of dynamic pricing.
4. How does dynamic pricing help getting higher revenue?
5. Dynamic pricing is good for consumers-explain the concept.
SECTION - C
1. How is sales promotion different from advertising?
2. List five popular form of sales promotion that you are aware of and have seen in your personal experience .
3. How is sales promotion different from publicity.
4. How does coupons work in sales promotion?
5. How does road shows help in sales promotions?
CASE STUDY - 1
An Indian software company Billsoft wants to launch its call billing packaged software CALLBILL internationally. It has
identified 10 countries initially for its launch. It has also identified and signed up distributors in each of these countries.
However once challenge it faces is in the retail MRP price-as it realizes that prevailing competitive prices in each of
the markets is different and can vary as much as by 40-50%. If it keeps too much price difference between different
markets, it is also afraid that one distributor may end up buying from a distributor in another country-where the prices
are lower-thus undercutting the company.
1. What is the underlying problem here?
2. If you were the international marketing manager of Billsoft-how will you address the problem?
CASE STUDY - 2
The product management group of a fast going Indian mobile handset manufacturing company is keep to maintain the
growth. In the fast growing mobile market in India- it realizes that it needs to have a major product release every yearjust to remain competitive and its market share. It has long back decided to focus on the mid-market i.e. smart
phones in the Rs. 6000-Rs. 12000 mid range. However the challenge is that even in the mid range- phone
companies have started offering high end features which was not the case before.
As its product managers huddle together with their small but capable in house R&D team, the challenge is not today
but tomorrow - trying to make a plan , design and prototype which will be launched before Diwali 2015. The challenge
is in trying to guess the consumer preference more than 1 year from now .
1. What should the company do in order to be bring out a unique , well liked product next year?
2. How does the company insulate itself if this huge R&D and investment fails and the much awaited product is
not accepted by the consumers ?