Question: What is your overall analysis / thoughts on your final BANK BALANCE and position on the leaderboard in your simulation? What is your overall analysis
- What is your overall analysis / thoughts on your final BANK BALANCE and position on the leaderboard in your simulation?
- What is your overall analysis / thoughts on your final SCORECARD results in the simulation?
- In terms of strategic marketing decisions, what did you do well?Why?
- In terms of strategic marketing decisions, what did youNOTdo well?Why?
- What MKTG 1010 concept do you feel that you understand better after completing the Final Simulation?Why?
Cashflow Report:
Corporation KevGear Troy Taylor Alpine High Wafaa Shammout SnowSport EastWest
Gross Profit 1028.000077 1176 462.5000485 1140.000105 662.0001223 1057.50007
Gross Margin 0.254203773 0.217777778 0.206611587 0.399159686 0.203192172 0.300639673
Starting Balance 10000 10000 10000 10000 10000 10000
Units Sold 116 352 37 132 118 82
Unit Price 60 30 110 35 45 75
Unit Cost 26 12 48 13 22 30
Total Revenue 4044.000077 5400 2238.500049 2856.000105 3258.000122 3517.50007
COGS 3016 4224 1776 1716 2596 2460
Market Costs 3200 900 6000 1100 1400 1300
Distribution Costs 0 0 0 0 0 0
Total Fixed Costs 3200 900 6000 1100 1400 1300
Total Cost 6216 5124 7776 2816 3996 3760
Net Profit -2171.999923 276 -5537.499951 40.00010514 -737.9998777 -242.4999303
Contribution Margin 8.862069631 3.340909091 12.50000131 8.636364433 5.610170528 12.89634231
Final Balance 7828.000077 10276 4462.500049 10040.00011 9262.000122 9757.50007
Key Performance Indicators:
Corporation KevGear Troy Taylor Alpine High Wafaa Shammout SnowSport EastWest
Target Segment University Students School Children Outdoor Enthusiasts Outdoor Enthusiasts School Children Urban Commuters
Characteristics Score 84 77 52 38 93 79
Features Score 0 31 22 22 9 9
Average Appeal Score 42 54 37 30 51 44
Price Score 2 4 3 1 2 3
Message Score 8 10 10 16 0 8
Interest Level 18 18 19 18 18 18
Media Spending 3200 900 6000 1100 1400 1300
Average Margin 20.5 10.5 37.25 15 14 28.12
Distributor Deficit No No No No No No
Profit -2171.999923 276 -5537.499951 40.00010514 -737.9998777 -242.4999303
Profit Rank 5 1 6 2 4 3
Market Share 0.19 0.25 0.11 0.13 0.15 0.17
Market Share Rank 2 1 6 5 4 3
Largest Distributor Available No Yes No No No Yes
Decisions
KevGear
KevGear has targeted the segment University Students
KevGear adopts the Rounded Top model
KevGear replaces Thin Spaghetti straps with Wide Padded
KevGear changes to Eco-Friendly
KevGear adds a Waterproofing
KevGear recolors their backpack Green
KevGear increases price from 0.00 to 60.00
KevGear added a distribution deal with Direct
KevGear added a distribution deal with Department Store
KevGear added Top 40 at frequency 2x to its advertising platform
KevGear added Smart to its messages
Troy Taylor
Troy Taylor has targeted the segment School Children
Troy Taylor replaces Thin Spaghetti straps with Basic
Troy Taylor adds a Water Bottle
Troy Taylor recolors their backpack Red
Troy Taylor increases price from 0.00 to 30.00
Troy Taylor added a distribution deal with Direct
Troy Taylor added a distribution deal with Discount Retail Chain
Troy Taylor added Comic Book at frequency 2x to its advertising platform
Troy Taylor added Fun to its messages
Alpine High
Alpine High has targeted the segment Outdoor Enthusiasts
Alpine High adopts the Large Rectangular model
Alpine High replaces Thin Spaghetti straps with Wide Padded
Alpine High replaces Wide Padded straps with Wide + Chest
Alpine High adds a GPS
Alpine High recolors their backpack Blue
Alpine High increases price from 0.00 to 110.00
Alpine High added a distribution deal with Direct
Alpine High added a distribution deal with Department Store
Alpine High added Wilderness Cable Network at frequency 2x to its advertising platform
Alpine High added Peak Performance to its messages
Wafaa Shammout
ML Backpacks adopts the Rounded Top model
ML Backpacks replaces Thin Spaghetti straps with Basic
ML Backpacks adds a Water Bottle
ML Backpacks changes to Eco-Friendly
ML Backpacks recolors their backpack Black
ML Backpacks increases price from 0.00 to 35.00
ML Backpacks changed advertising frequency to 1x for Celebrity Gossip Blog
ML Backpacks added High Quality to its messages
ML Backpacks added Lightweight to its messages
ML Backpacks has targeted the segment Outdoor Enthusiasts
ML Backpacks added a distribution deal with Online Discount Retailer
SnowSport
SnowSport has targeted the segment School Children
SnowSport adopts the Rounded Top model
SnowSport replaces Thin Spaghetti straps with Basic
SnowSport adds a Audio Bundle
SnowSport recolors their backpack Red
SnowSport increases price from 0.00 to 45.00
SnowSport added a distribution deal with Online Discount Retailer
SnowSport added Online News at frequency 1x to its advertising platform
SnowSport added Cutting Edge to its messages
EastWest
EastWest increases price from 0.00 to 75.00
EastWest adopts the Square model
EastWest replaces Thin Spaghetti straps with Basic
EastWest changes to Luxury
EastWest adds a Water Bottle
EastWest added a distribution deal with Direct
EastWest added a distribution deal with Department Store
EastWest added Financial Journal at frequency 2x to its advertising platform
EastWest added Smart to its messages
Products
Company Base Straps Material/Color Price Target Segment Special Features
KevGear Rounded Top Wide Padded Eco-Friendly 60 Waterproofing
Troy Taylor Teardrop Rucksack Basic Synthetic 30 Water Bottle
Alpine High Large Rectangular Wide + Chest Synthetic 110 GPS
Wafaa Shammout Rounded Top Basic Eco-Friendly 35 Water Bottle
SnowSport Rounded Top Basic Synthetic 45 Audio Bundle
EastWest Square Basic Luxury 75 Water Bottle
Questions
What target market did you choose and why did you choose it (think in terms of data or information from the simulation)?
Company Answer
Wafaa Shammout I choose Outdoor Enthusiasts
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