1SALES POTENTIALITY OF ROGERS Executive summary The aim of this sales proposal is to discuss about the potentiality of Rogers in doing business in the global market. In doing so, the internal factors relevant to their business are being identified and analyzed. In addition, the target segments are also identified along with their needs and wants. It is concluded that products of Rogers are well valuable for meeting identified needs of the target customers. The ideal marketing mix elements are also discuss in this paper, which will help Rogers to gain the maximum value from their operation along with effectively managing the customers.
2SALES POTENTIALITY OF ROGERS Table of Contents Introduction......................................................................................................................................3 Segmentation analysis.....................................................................................................................3 Positioning strategy.........................................................................................................................5 SWOT analysis................................................................................................................................5 Product analysis...............................................................................................................................6 Identification of the supporting services..........................................................................................7 Pricing analysis................................................................................................................................8 Promotion analysis...........................................................................................................................8 Implementation and timetable.........................................................................................................9 Conclusion.....................................................................................................................................10 Appendix........................................................................................................................................11
3SALES POTENTIALITY OF ROGERS Introduction Telecommunication sector is one of the most intensely competitive sectors in the world due to the recent internet booming. Moreover, competition in this sector in some countries is more compared to others and thus more effective strategies are required to deal with these factors. In this case, the sales proposal for different business entities should be in accordance to external business situations to have the maximum utility. It should also be noted that effective determination of the internal and external business factors along with the proper implementation of the marketing mix strategies can help the particular business firms to have the maximum outcome from the market irrespective of the competition. Rogers is a leading telecommunication brand in Canada. They are currently offering communication services, television network and internet connections and covering the entire country. Among the presence of different other telecommunication providers, the innovative and extensive approach of Rogers is helping them gaining ground. However, still they are having the need for determining all the relevant factors in order to gain long term business sustainability considering the increasing competition in the market. This report will discuss about a potential sales proposal. This will include the needs and wants of the target customer groups, segmentation and positioning analysis. SWOT analysis will also be done. In addition, the marketing mix elements for Rogers will also be discussed along with the implementation plan and schedule. Segmentation analysis Demographic segments Customersbetweentheagegroupof18and60willhavethe requirements for communications and internet facilities. Thus, this age groupwillbetargeted.Moreover,thisagegroupwillconsistof
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4SALES POTENTIALITY OF ROGERS professionals,whichwillfurtherhelpinhavingloyalcustomers. Customers from both the genders will have preferences for internet connections, which will provide further potentiality for Rogers. In terms of the income level, premium as well as mass market customers will be targeted due to the fact that Rogers are having services across different price points. Geographic segmentsCustomers majorly from tier I, tier II and tier III cities will have the purchasing power for internet services. Moreover, the diverse service portfolio of Rogers will also help in catering to different geographic segments.Customersfromthedevelopedareasarehavingthe preferences for more high quality and premium services, which will be fulfilled by the offerings of Rogers. It will also ensure the higher profitability of Rogers. Psychographic segmentation Customers having preferences for active and modern age lifestyles will be targeted. The internet facilities being offered by Rogers will help in enhancing the lifestyle value of the customers.
5SALES POTENTIALITY OF ROGERS High price Low price Higher value proposition Lower value proposition Rogers Bell Telus Shaw Positioning strategy As per the proposed positioning approach of Rogers, it is well evident that close competitors for them are less. Moreover, even though positioning of Rogers is on the higher side but with the extensive service offerings of them, value proposition for the customers is also more. The intensity of the competition is less for them because they are catering to larger and diverse customer sections and not depending on particular customer segment. Thus, it can be concluded that initiating this positioning will help Rogers to face lower intensity of competition in the market. SWOT analysis
6SALES POTENTIALITY OF ROGERS Strengthï‚·Extensive market presence of Rogers is helping them to have leadership over their competitors ï‚·Diverse service portfolio is helping them in catering to larger customer segments and more business revenue ï‚·Created established market base in the Canadian region. Weaknessï‚·Not having global presence is restricting their potentialities ï‚·Brand identity is much lower as compared to the global brands such as Vodafone and T-Mobile ï‚·Foreign business operations of them are not as successful as Canada Opportunitie s ï‚·Entering in the developing economies such as India and China will provide huge opportunities for Rogers ï‚·Leveraging their expertise in different other communication sectors will expand their market coverage area Threatsï‚·Emergence of new disruptive approaches through new entrants will take away the market from Rogers ï‚·Emergence of economic recession will reduce the buyer potentiality and will affect the viability of Rogers ï‚·Higher barging power of the buyers will lead to the reduction of the premium pricing of Rogers and lower profitability Product analysis The core level of the services Rogers is the telecommunication services for the customers in addition to internet and television services. The auxiliary product level of Rogers is the added
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7SALES POTENTIALITY OF ROGERS services such as efficient customer services and helpline. Social level of the product will focus on the positive value for Rogers in the market. Accumulation of these product levels will ensure that the customers will have the access to maximum value proposition. Customers will have the opportunity of gaining seamless connections across the country with Rogers. It should be noted that contemporary customers are expecting more automated options and they are ready to pay premium for it and thus convenience is the major determining point for the current customer base. Thus, it the major focus of Roger should be on their services also apart from their core offerings. This is due to the reason that effectiveness of their added services will determine the convenience of the customers and long term loyalty. Identification of the supporting services All the services being offered by Rogers are being supported by the 24*7 customer services and assistances. Moreover, it is also identified that average rate of customer complaints regarding the services of Rogers is lower compared to their competitors and this ensuring the service quality of them. This will also ensure higher level of customer loyalty for Rogers. However, the no training process is involved in the process rather demonstration documents are being provided with the package that will help the customers to use it in ideal manner. Moreover, it is not having any complex usage pattern, which will require training. There is not process of transportation is involved for Rogers due to their service offering types. And thus there is no mention of FOB in their service delivery process. It should also be noted that services of Rogers are only available in Canada and thus customers from each corner of the country will have the access to their services. Free lifetime support is being offered with their services, which includes the resolution of the queries assisting them. Customers in the current time expect seamless
8SALES POTENTIALITY OF ROGERS services and minimal time in resolving the queries. This need of the customers can be met by the support facilities offered by Rogers. Pricing analysis Currently, the base price of Rogers is $ 59.99 for their internet services, which is comparabletotheircompetitor’spricing.Thisismainlyduetothereasonthatintense competition in the market is leading to market dominant pricing. Moreover, their extensive presence in the market is further helping in generating more revenue with having similar price levels of their competitors. This is also helping them in having larger access to capital funding for further development. However, it is recommended that they should come up with more services in different price points to tap the untapped segments. In this case, the blue ocean strategy will be effective for their future development. Promotion analysis Omni Channel promotional strategy is being followed by Rogers involving both the online and offline mediums. This is actually helping them in dealing with their larger target segments. It should be noted that Canada is having higher market penetration of the internet services and thus online promotional mediums are beneficial for Rogers. Co-branding can also be initiated by introducing special edition services. Moreover, collaboration can be done with different supermarkets where the customers can have discounts by using the services of the supermarkets and connections of Rogers. This will also add value for the customers. Public relation is being given the major focus currently and it will continue in the future as well in order to have an effective process of customer relationship management. This will also ensure offering products according to the requirements of the target customers.
9SALES POTENTIALITY OF ROGERS Implementation and timetable Main activities/ stages1st-2nd Month 3rd- 4th Month 5th- 6th Month 7th-8th Month 9th- 10th Month 11th- 12th Month Content selection for public relation campaign Date, time and venue selection Pre-event activities Press meet Primary data collection Arrangement of transport Analysis & Interpretation of Data Post event activities Press release distribution Media database Evaluation process The first and initial step will be the identification of the content for targeting the specific customer segments. It will be followed by the collection of the primary data and analysis of them. This will help to identify the determining factors and will also benefit Rogers in designing their future services. The sets of action will be ended by the evaluation process to identify any potential shortcomings, which will be mitigated.
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10SALES POTENTIALITY OF ROGERS Conclusion This report concludes that Rogers is having huge opportunity in terms of their sales revenue and volume in the global market especially in the developing economies. They are still operating within the national boundary and thus huge opportunity is waiting. In this report, the customer segments and internal determining factors for them are being identified and these factors should be effectively managed to have favorable long term operation. Moreover, this sales proposal also recommended that marketing mix elements that will help to create value for both the entity as well as for the customers. It is expected that the implementation of all the steps as mentioned in the timeline will help Rogers to tap the growing opportunities for them.
11SALES POTENTIALITY OF ROGERS Appendix Fig: 1 Market share of Rogers