BYJU'S Brand Launch Plan: Detailed Marketing Strategy Project

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Added on  2023/03/23

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AI Summary
This project outlines a brand launch plan for BYJU'S, focusing on its entry into the Australian market. The plan includes a SWOT analysis, identifying strengths like a powerful brand value and innovation, weaknesses such as declining per-unit revenues, opportunities like end-consumer demand in Australia, and threats from competitors and product commoditization. The proposed strategy encompasses growth, the 4 P's of marketing, innovation, customer journey analysis, integrated insights, and global trends. It addresses the demand for innovation, customized services, technology, and rapid solutions. Key touchpoints include serving customers with price ranges available in the Australian market and providing excellent customer service. The implementation program involves market research, brand awareness campaigns, strategy building for disruptive markets, niche market identification, target customer profiling, network channel and supply chain implementation, business model development, and competitive analysis.
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BRAND LAUNCH FOR
BYJUS
Name of the Student
Name of the University
Author note
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SWOT Analysis
Strengths
Higher margin
Powerful brand value
Managing Talents
Serving different segments
Very innovative
The Great initiator
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Weakness
Decline in per unit revenues
Decline in market share
Competition from local proprietors
Costly Supply chain networks
Model of Business
Supplier and their Loyalties
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Opportunities
End Consumers demand in Australia
Rapid changing in consumer preference in Australia
Low inflation
Government policies (Grossberg 2016)
Local networking in Australian country
Technical know how
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Threats
Unworthy institutions
Competitors
Product development
Technical expertise
Commoditization
Competitive rivalry
Change in demography
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Strategy
The growth strategy
The 4 P’s
The innovation strategy
The Customer shopping journey
The Integrated insights (Blakeman 2018)
Global trends
Commercials insights
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Proposed Demand
The demand of innovation (Pride and Ferrell 2016)
The demand of customized services
The demand of technology
The demand of the rapid solutions
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Identified touch points
Serving customers with price range available in Australian market
Excellent customer services
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Customer experience
Experience frequent laid out services
Handling huge customer base
Customized services
New advancements and technological framework
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Implementation program
Market research of Australian market
Brand awareness (Rowley 2016)
Strategy building for disruptive markets
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Identify niche markets
Identify target customers
Implement network channels and supply chain
Develop old business models (Moorman and Day 2016)
Implement competitive analysis
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