Question: Our group need to make group simulation project report.Help me this part : plan to improve ( how are you going to improve going forward.Explain
Our group need to make group simulation project report.Help me this part : plan to improve ( how are you going to improve going forward.Explain what your team is going to do Next row to improve your position. Here is what our group have done:
Team 1 has targeted the segment University Students
1 /Team replaces Thin Spaghetti straps with Basic
1 Team adopts the Rounded Top model
1 Team changes to Eco-Friendly
1 Team recolors their backpack Black
1 Team adds a Water Bottle
1 Team added a distribution deal with University Store
1 Team added a distribution deal with Online Discount Retailer
1 Team increases price from 0.00 to 40.00
1 Team adds a University Logo
1 Team added a distribution deal with Department Store
1 Team added Eco Friendly to its messages
1 Team added Great Value to its messages
1 Team added Social Media at frequency 1x to its advertising platform
1 Team added National Network at frequency 1x to its advertising platform
3 Team decreases price from 40.00 to 35.00
3 Team removed National Network from its advertising platform
3 Team changed advertising frequency to 2x for Social Media
3 Team removes the University Logo
4 Team adds a Laptop Sleeve
4 Team removes the Water Bottle
4 Team added Gaming Site at frequency 1x to its advertising platform
4 Team increases price from 35.00 to 38.00
4 /Team removed a distribution deal with Department Store
5 Team adds a University Logo
5 Team removes the Laptop Sleeve
5 Team added a distribution deal with Discount Retail Chain
5 Team started a sales promotion with University Store
5 Team changed advertising frequency to 1x for Social Media
5 Team changed advertising frequency to 2x for Gaming Site
Here is the result:
Corporations Team 1
Target Segment University Students
Characteristics Score 78
Features Score 45
Average Appeal Score 62
Price Score 3
Message Score 11
Interest Level 19
Media Spending $6,200.00
Average Margin $8.00
Distributor Deficit False
Profit $-5,083.50
Profit Rank 5
Market Share 15%
Market Share Rank 3
Largest Distributor True
Product Satisfaction 42%
Customer Satisfaction 31%
Return on Marketing -81%
Here is our product in the last turn : Rounded Top Basic Eco-Friendly/Black $38.00University Logo
Here is our score:
net Profit20%
Market Share20%
Return On Marketing20%
Customer Satisfaction Score20%
Revenue10%
Units Sold10%
Product Satisfaction Score0%
if you think is missing information can you text to my IG: yummypeach_ because i cant see your comment so i dont know what information im missing.I really need help with this,thank you
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