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Marketing Management and Digital Communication: A Case Study of MusicLens

Assessment 2 requires students to work in groups to prepare a comprehensive marketing plan for a selected product from a pre-determined list. Each student in the group will research and present one section of the marketing plan.

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Added on  2022-11-24

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This presentation provides a case study of MusicLens, a business enterprise that combines technology with eyeglasses. It discusses the results of PESTLE and SWOT analysis, target market identification, marketing objectives, marketing mix strategy, and implementation plan.

Marketing Management and Digital Communication: A Case Study of MusicLens

Assessment 2 requires students to work in groups to prepare a comprehensive marketing plan for a selected product from a pre-determined list. Each student in the group will research and present one section of the marketing plan.

   Added on 2022-11-24

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MARKETING MANAGEMENT
AND DIGITAL
COMMUNICATION: A CASE
STUDY OF MUSICLENS
Marketing Management and Digital Communication: A Case Study of MusicLens_1
INTRODUCTION
As opined by Grant (2016), the different
kinds of contemporary disruptive
technologies have made a positive
impact on the business operations of the
modern-day business enterprises.
The resultant effect is this that smart
products have become the recent trend
in the business world.
In 2018 the demand for the different
kinds of smart products increased by
more than 10% and by the year 2021 it
is expected to increase by 14% every
single year (Lindgreen & Di Benedetto,
2018).
Marketing Management and Digital Communication: A Case Study of MusicLens_2
OVERVIEW OF MUSICLENS
Music Lens is a business enterprise which
had been trying to amalgamate technology
with the basic eyeglasses worn by the
common people (Forbes.com, 2019).
The eyeglasses manufactured by the
enterprise enables the customers to listen to
music, radio, make calls and indulge in other
similar activities through the use of
eyeglasses.
The eyeglasses contain “4GB of offline
storage available”, is manufactured from
bone conduction audio, nine hours of
continuous usage, touch and wear detection
along with other features (Music-lens.com,
2019).
Marketing Management and Digital Communication: A Case Study of MusicLens_3
RESULTS OF PESTLE
ANALYSIS
The stable political environment of
Australia acts as an opportunity for the
enterprise and its eyeglasses
The strong economy of Australia means
that the people would have the right kind
of capital to buy the eyeglasses
Australians have shown high propensity
towards trendy eyeglasses and also music
forms an integral part of their lives
The technological, legal and the
environment of Australia is also likely to
support the business activities of the
concerned enterprise
Marketing Management and Digital Communication: A Case Study of MusicLens_4

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