Marketing Campaign Report: Launching a New Product for Vodafone

Verified

Added on  2023/04/20

|29
|1457
|359
Report
AI Summary
This report provides a comprehensive analysis of Vodafone's marketing campaign for the launch of a new mobile handset. It begins with an overview of the Vodafone company, its products, and services, followed by an evaluation of its existing marketing strategies, including the use of the ZooZoo character and the Indian Premier League (IPL) sponsorship. A SWOT analysis, PESTLE analysis, and competitor analysis are conducted to assess the company's strengths, weaknesses, opportunities, and threats, as well as the external factors influencing its business environment. The report details the features of the new product, including its 5G network compatibility, internal memory, biometric security, and flexible screen. It also outlines the reasons for launching the new product, such as maximizing profitability and brand value. Furthermore, the report presents market segmentation and customer profile information, along with proposed marketing mix strategies, including product, price, place, and promotion, and the implementation of the marketing campaign. The report concludes with a discussion of the objectives, resource requirements, and the overall conclusion of the marketing campaign's effectiveness.
Document Page
Marketing Campaign For The Launch of a New
Product
tabler-icon-diamond-filled.svg

Paraphrase This Document

Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Document Page
INTRODUCTION
Overview of the Vodafone company
Vodafone a multinational telecommunication company
Started the business since 1985
A large number of partners in 50 countries
Document Page
Cont…
Revenue- $46.571 billion (2018)
Number of employees- 111,556 (2018)
Headquarters- London head office
Profits- $2.788 billion (2018) (Vodafone Group, 2017)
Document Page
TASK-1 Products and Services
Products
Mobile phones
Digital television
Fixed line telephone
tabler-icon-diamond-filled.svg

Paraphrase This Document

Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Document Page
Cont…
Services
Broadband
Voice calling
Messaging (Normal text and multimedia)
Internet data
Document Page
Evaluating Vodafone’s marketing strategies
Customer and product focused marketing strategy
The concept of ZooZoo as a special character
Document Page
Cont…
Cumulative strategy- Indian Premier League (IPL)
Mixed segmentation strategy
tabler-icon-diamond-filled.svg

Paraphrase This Document

Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Document Page
Marketing analysis of Vodafone- (SWOT)
Strengths (S)
Wider market coverage
Effective marketing strategies
Brand value
Strong advertising
Opportunities (O)
Emerging market- rural area
Improvement in network coverage
Latest and low-cost technology
Weaknesses (W)
Higher attrition rate of workforce
Products not as per the demand
Improper financial planning
Limited access to core business
Threats (T)
Higher competition
Irregular supply of innovative products
Changing customer’s buying behavior
Document Page
PESTLE Analysis
External factors Effects
Political Political stability
Business opportunities through Foreign Direct Investment
(FDI)
Political issues due to Brexit
Economical 5th largest and strong economy
Recession decreases the value of pound
Higher inflation rate in 2017 (Bush, 2019)
Social Largest consumer market
Multi-cultural population
Higher living standard
Document Page
Cont…
Technological Involvement on latest technologies
Experts of Science
Low technological development (Smith, 2019)
Legal Effective employment acts for labors
Export-import laws
Environmental Hot and dry climate
Availability of non-renewable goods
tabler-icon-diamond-filled.svg

Paraphrase This Document

Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Document Page
Model for new product development
Figure 1: Process of new product development
(Source: Bhuiyan, 2011)
Document Page
Concept development to launch a new product
Vodafone is going to launch a new model of mobile handset with a supportive network of 5G
with cost-effective price ranging from 20,000 to 40,000/-.
Product features
The internal memory would be 80GB and 18GB RAM
lightweight, medium in size
Biometric mechanism of retinal recognition to unlock the device
Biometric sim cards
chevron_up_icon
1 out of 29
circle_padding
hide_on_mobile
zoom_out_icon
[object Object]