MGT726 Managerial Project: Analyzing Electrolux Sales & Marketing
VerifiedAdded on 2023/06/08
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Project
AI Summary
This managerial project proposal focuses on Electrolux Company in Australia, addressing the issue of declining profits and sales due to a lack of competitive marketing technology and new market entrants. The core problem identified is the failure to integrate modern technology for effective marketing, leading to insufficient outreach to potential customers and poor communication between teams. The proposal suggests a sales force effectiveness study to determine the root causes of the problem, with research questions aimed at identifying the causes of sales decline, the most suitable marketing approach, and customer response to the company's products. Key research objectives include investigating the causes of sales decline, developing a suitable marketing technique, and understanding customer feedback. The project will employ data collection methods such as face-to-face interviews, telephone interviews, web-based questionnaires, and case studies, with data analysis techniques including frequency analysis. The study intends to investigate secondary data using case studies, surveys and interviews. The project follows a detailed time schedule, covering initiation, planning, data collection, analysis, execution, closure, and report compilation.
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