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To help you better understand the concepts of Marketing Analysis, you will be asked to complete a case study for each weekly assignment. To prepare for this level of analysis, first read “How to Analyze a Case” in the W1 lesson folder.
This Week’s Case
“Gillette: Why Innovation May Not Be Enough” (located in textbook appendix)
After reading, reviewing, analyzing and evaluating the case study, pretend you are the Executive Marketing Director for Gillette. Develop a 3-5 minute video that will be shared with the newly formed New Product Development Team. You may use any video recording device that will produce an MP4 video. When you write your script for the presentation, be sure to cite at least two outside sources to back up your arguments. Your presentation should address the following questions (at a minimum). Feel free to include insights gleaned from our study of marketing analysis so far.
- Present an evaluation of the history of Gillette. Explain and summarize their competition, innovation and razor wars.
- What actions would you present and suggest to the new product development team to help maintain its dominance in the shaving market?
- Evaluate and present what products, pricing and strategies you would recommend to the team for consideration over the next 5 years.