Saturday, October 5, 2019
Japan and US Relationship in History Essay Example | Topics and Well Written Essays - 1250 words
Japan and US Relationship in History - Essay Example In mid 19th century, America and Japan started their interaction in economic ventures and diplomatic relations. Among the ways these countries interacted included trading. During this time, various things characterized their view of each other. They expressed these feelings and thoughts about each other by diplomatic visits and entering into treaties that were targeted to bring cohesion and reduce any fear between them. During the time of interaction, some form of confusion and misunderstandings were manifested in their way of relations. Also, their initial interactions manifested differences that the two countries noticed about each other. The expression of diplomatic relationship is, however, noted in the way leaders addressed their counterparts through letters they wrote to each other. The kind of pictures that were drawn by both countries manifested their respect and honor for each other . Citizens of both countries manifested different views about each other. These citizens show ed this through their response when a leader from the other country visited; the reception these leaders got gave a lot of information about the citizensââ¬â¢ perception on the interaction between the two nations. The Japanese never thought Americans as equal to their leaders. Although they considered them important people, they still had some restrictions. For example, when Townsend Harris wanted to travel to Yedo, many Japanese were opposed to his view of going there on a horseback. Horses in Japan were a reserve of chosen few who were in royal ranks. It was only the vice-governor of Japan who supported the idea of Townsend going to Yedo by a horse . The views of Japanese about Americans were also characterized by respect for differences. For example, the images that were made to represent Americans manifested that Japanese respected Americans3. The Japanese drew a picture that represented streets of San Francisco with manifestation of well organized building structures. Again, the Japanese perceived Americans as a group of people who distorted their faith. According to them, the people from the west (i.e. the Americans) believed in Christianity which is different from the faiths of people f rom the Far East countries4. Japanese felt that Americans were people worth to be given freedom to live among them. The government of Japan gave Americans a chance to buy products and hire houses in Osaka and Yedo5. Americans tagged value on Japanese. This can be seen from the reception Japanese embassy was given when he visited San Francisco. The embassy was saluted with fifteen gun shots. In addition, residents of Alcatraz were waiting to see the Japanese embassy when he visited California6. Americans represented good pictures of Japanese leaders in the early times of their interaction. The kind of services Japanese received from Americans was a clear manifestation that they valued their relationship with Japanese. For example, the reception ceremony that was conducted by Americans when Japanese embassy visited their country was a colorful one. In the course of interaction between the Americans and Japanese, they continued to discover different things about each other. Their inter action was focused to understanding some things about each other. For instance, Americans wanted to know whether Japanese respected their rights. For example, when the American consul visited Yedo; first, he wanted to see whether he would be allowed to go into that city where none of the foreign embassies had ever entered. When finally he was allowed, he noted that the Japanese were highly regarding American officials who resided in Japan7. Also, the American
Friday, October 4, 2019
Colombia population Assignment Example | Topics and Well Written Essays - 250 words
Colombia population - Assignment Example The researches also explore the existence of Asian and Chinese ancestry in Colombian population, though its percentage is almost negligible. Consequently, combination of indigenous and Asian population makes less than 2% of total present population of the country. Somehow, it is estimated that European Amerindians, called Mestizo, make up three fifth of the Colombian population followed by Whites, and the European-Africans called Mulatto, percentage of which is one fifth and one seventh of total population respectively. (essortment.com). It is therefore Colombian culture is viewed as the amalgamation of several sub-cultures on the basis of origin, race, ethnicity, region and religion. An overwhelming majority (i.e. 90%) is Roman Catholic, while Protestants, Jews and Muslims are also the part of the population of the country. Urbanization had been in vogue in Colombia by the last decade of twentieth century; consequently over three fourth population lives in cities now. Nearly 5% population consists of elderly citizens (i.e. over 65 years), while one third of Colombians are under 15 years of age. Hence, nearly two fifth of the total population consists of non-productive individuals, while Almost 91% population consists of literate individuals. (Encyclopedia of Nations) Life expectancy is estimated to be 70 and 77 years for males and females respectively, where approximately one sixth of the total population is leading life below the poverty line determined by the UN experts. Though Colombia had won freedom from Spain in July 1810, yet Spanish Laws are followed at political and social forums by the executive, legislature and judiciary. Colombia is a peaceful state, though it undergoes two international disputes; one with the neighboring country Venezuela on the Venezuela Gulf, and the other with Nicaragua over Archipelago de San Andres y Providencia and Quita Sueno
Thursday, October 3, 2019
Past and Present Chapter Essay Example for Free
Past and Present Chapter Essay Opportunity and self-made men were the order of the day The founding fathers considered democracy to be direct rule of the people A concept they feared and rejected Jacksonians considered ââ¬Å"the voice of the peopleâ⬠to be ââ¬Å"the voice of Godâ⬠Democracy and Society No one could expect social privilege because of family ties European visitors noted the lack of first class accommodations The word ââ¬Å"servantâ⬠was disappearing; in its place was ââ¬Å"helpâ⬠Domestic workers were not considered a social subclass Members of different earning groups dressed similarly Democracy expressed itself in medicine, law and religion Unorthodox ââ¬Å"healersâ⬠were given place alongside doctors Local bars allowed lower standards in some areas The clergy came under more control of the laity The popular press became increasingly important Written and read by common people Many small venues and a few influential papers with large readership Democratic Culture Democratic expression in literature and art Popular taste v. elite or traditional culture Romanticism was ââ¬Å"adaptedâ⬠to sentimentalism in popular literature Formulaic gothic novels sold well Possible because of increased literacy Also cheaper printing More novels written by women Universal white manhood suffrage was the rule by the 1820s Rise in elected v appointed officials Stump speaking and campaigning became the norm More festive and dramatic Martin Van Buren and others began to build statewide political organizations Idea of the ââ¬Å"loyal oppositionâ⬠developed Other political changes Two party system enhanced Electors more often chosen by popular vote Voting percentages increased dramatically 1824ââ¬â27% 1828ââ¬â55% 1840ââ¬â78% Why more interest? Panic of 1819ââ¬âconcern about money issues Issues such as banks, tariffs, internal improvements Jacksonians were concerned about monied interests Opponents were concerned about rabble rousers Should the federal government become more active? Foster economic growth? Destroy corporate privilege and monopoly? Support the rights of the working man? Abolish inheritance, improve public education? New York Working Menââ¬â¢s Party thought so Also favored redistribution of assets Philadelphia was a center of labor activity General Tradesââ¬â¢ Unions was formed Achieved a 10-hour workday Set an early precedent for mass action Abolitionists became more active Some also wanted equal rights for women These reformers saw little success.
The essence of strategic marketing
The essence of strategic marketing This report designed to provide practical recommendations on segmenting markets, targeting specific customers, and positioning effectively SGNs service in China market. Having addressed the purpose of STP, it has ascertained that SGNs competitive advantages and potential competitors, the segmentation and targeting markets decisions for SGN thus proposed to utilize geodemographic variables as segmentation bases. The two segment profilers of SGN were formed after exercised key variables. Profiler 1 is a group of senior citizens of age 60 and above and profiler 2 is a group of middle age citizens from 40 to 60 years old working professionals. Upon evaluation of market attractiveness of these two distinct segments, it is advised that SGN targets both segments, adopting concentrated marketing strategy, via single marketing mix. Positioning strategy adopted by SGN is more for less value proposition and positioning statement as To senior citizens, SGN offers the utmost personalized elderly service at their home. Read this report for SGN practical marketing tool to easily deal with the challenges and exploit market opportunities that drive incremental revenue and increased profitability. The whole point of this proposal is to assist with better segmenting, targeting, positioning and decision making, be sure that focus on the most appropriate strategies that provide the most opportunity, least risk, and highest performance for SGN. TABLE OF CONTENTS Introduction à ¢Ã¢â ¬Ã ¦Ã ¢Ã¢â ¬Ã ¦Ã ¢Ã¢â ¬Ã ¦Ã ¢Ã¢â ¬Ã ¦Ã ¢Ã¢â ¬Ã ¦Ã ¢Ã¢â ¬Ã ¦Ã ¢Ã¢â ¬Ã ¦Ã ¢Ã¢â ¬Ã ¦Ã ¢Ã¢â ¬Ã ¦Ã ¢Ã¢â ¬Ã ¦Ã ¢Ã¢â ¬Ã ¦Ã ¢Ã¢â ¬Ã ¦Ã ¢Ã¢â ¬Ã ¦Ã ¢Ã¢â ¬Ã ¦Ã ¢Ã¢â ¬Ã ¦Ã ¢Ã¢â ¬Ã ¦Ã ¢Ã¢â ¬Ã ¦Ã ¢Ã¢â ¬Ã ¦Ã ¢Ã¢â ¬Ã ¦Ã ¢Ã¢â ¬Ã ¦Ã ¢Ã¢â ¬Ã ¦Ã ¢Ã¢â ¬Ã ¦Ã ¢Ã¢â ¬Ã ¦ 5 Background of the Company and the Service Chosen à ¢Ã¢â ¬Ã ¦Ã ¢Ã¢â ¬Ã ¦Ã ¢Ã¢â ¬Ã ¦Ã ¢Ã¢â ¬Ã ¦Ã ¢Ã¢â ¬Ã ¦ 6 Literature Review of the Segmentation, Targeting and Positioning Concept research this theoretical underpinnings of this concept and critique à ¢Ã¢â ¬Ã ¦Ã ¢Ã¢â ¬Ã ¦Ã ¢Ã¢â ¬Ã ¦Ã ¢Ã¢â ¬Ã ¦Ã ¢Ã¢â ¬Ã ¦Ã ¢Ã¢â ¬Ã ¦.à ¢Ã¢â ¬Ã ¦Ã ¢Ã¢â ¬Ã ¦Ã ¢Ã¢â ¬Ã ¦Ã ¢Ã¢â ¬Ã ¦Ã ¢Ã¢â ¬Ã ¦Ã ¢Ã¢â ¬Ã ¦Ã ¢Ã¢â ¬Ã ¦Ã ¢Ã¢â ¬Ã ¦Ã ¢Ã¢â ¬Ã ¦Ã ¢Ã¢â ¬Ã ¦Ã ¢Ã¢â ¬Ã ¦Ã ¢Ã¢â ¬Ã ¦Ã ¢Ã¢â ¬Ã ¦Ã ¢Ã¢â ¬Ã ¦Ã ¢Ã¢â ¬Ã ¦Ã ¢Ã¢â ¬Ã ¦Ã ¢Ã¢â ¬Ã ¦ 7 Basis for Proposed Segmentation and Targeting for SGNs Service à ¢Ã¢â ¬Ã ¦Ã ¢Ã¢â ¬Ã ¦Ã ¢Ã¢â ¬Ã ¦Ã ¢Ã¢â ¬Ã ¦Ã ¢Ã¢â ¬Ã ¦Ã ¢Ã¢â ¬Ã ¦Ã ¢Ã¢â ¬Ã ¦Ã ¢Ã¢â ¬Ã ¦Ã ¢Ã¢â ¬Ã ¦Ã ¢Ã¢â ¬Ã ¦Ã ¢Ã¢â ¬Ã ¦Ã ¢Ã¢â ¬Ã ¦Ã ¢Ã¢â ¬Ã ¦Ã ¢Ã¢â ¬Ã ¦Ã ¢Ã¢â ¬Ã ¦Ã ¢Ã¢â ¬Ã ¦Ã ¢Ã¢â ¬Ã ¦Ã ¢Ã¢â ¬Ã ¦Ã ¢Ã¢â ¬Ã ¦Ã ¢Ã¢â ¬Ã ¦Ã ¢Ã¢â ¬Ã ¦Ã ¢Ã¢â ¬Ã ¦Ã ¢Ã¢â ¬Ã ¦Ã ¢Ã¢â ¬Ã ¦ 16 Basis for Proposed Positioning for SGNs service à ¢Ã¢â ¬Ã ¦Ã ¢Ã¢â ¬Ã ¦Ã ¢Ã¢â ¬Ã ¦Ã ¢Ã¢â ¬Ã ¦Ã ¢Ã¢â ¬Ã ¦Ã ¢Ã¢â ¬Ã ¦. 21 Annual Schedule for the Programme including Marketing Budget/ Expenditure à ¢Ã¢â ¬Ã ¦Ã ¢Ã¢â ¬Ã ¦Ã ¢Ã¢â ¬Ã ¦Ã ¢Ã¢â ¬Ã ¦.à ¢Ã¢â ¬Ã ¦..à ¢Ã¢â ¬Ã ¦Ã ¢Ã¢â ¬Ã ¦Ã ¢Ã¢â ¬Ã ¦Ã ¢Ã¢â ¬Ã ¦Ã ¢Ã¢â ¬Ã ¦Ã ¢Ã¢â ¬Ã ¦Ã ¢Ã¢â ¬Ã ¦Ã ¢Ã¢â ¬Ã ¦Ã ¢Ã¢â ¬Ã ¦Ã ¢Ã¢â ¬Ã ¦Ã ¢Ã¢â ¬Ã ¦Ã ¢Ã¢â ¬Ã ¦Ã ¢Ã¢â ¬Ã ¦Ã ¢Ã¢â ¬Ã ¦Ã ¢Ã¢â ¬Ã ¦Ã ¢Ã¢â ¬Ã ¦. 24 Conclusion à ¢Ã¢â ¬Ã ¦Ã ¢Ã¢â ¬Ã ¦Ã ¢Ã¢â ¬Ã ¦Ã ¢Ã¢â ¬Ã ¦Ã ¢Ã¢â ¬Ã ¦Ã ¢Ã¢â ¬Ã ¦.à ¢Ã¢â ¬Ã ¦Ã ¢Ã¢â ¬Ã ¦Ã ¢Ã¢â ¬Ã ¦Ã ¢Ã¢â ¬Ã ¦Ã ¢Ã¢â ¬Ã ¦Ã ¢Ã¢â ¬Ã ¦Ã ¢Ã¢â ¬Ã ¦Ã ¢Ã¢â ¬Ã ¦Ã ¢Ã¢â ¬Ã ¦Ã ¢Ã¢â ¬Ã ¦Ã ¢Ã¢â ¬Ã ¦Ã ¢Ã¢â ¬Ã ¦Ã ¢Ã¢â ¬Ã ¦Ã ¢Ã¢â ¬Ã ¦Ã ¢Ã¢â ¬Ã ¦Ã ¢Ã¢â ¬Ã ¦ 25 References à ¢Ã¢â ¬Ã ¦Ã ¢Ã¢â ¬Ã ¦Ã ¢Ã¢â ¬Ã ¦Ã ¢Ã¢â ¬Ã ¦Ã ¢Ã¢â ¬Ã ¦Ã ¢Ã¢â ¬Ã ¦Ã ¢Ã¢â ¬Ã ¦Ã ¢Ã¢â ¬Ã ¦Ã ¢Ã¢â ¬Ã ¦Ã ¢Ã¢â ¬Ã ¦Ã ¢Ã¢â ¬Ã ¦Ã ¢Ã¢â ¬Ã ¦Ã ¢Ã¢â ¬Ã ¦Ã ¢Ã¢â ¬Ã ¦Ã ¢Ã¢â ¬Ã ¦Ã ¢Ã¢â ¬Ã ¦Ã ¢Ã¢â ¬Ã ¦Ã ¢Ã¢â ¬Ã ¦Ã ¢Ã¢â ¬Ã ¦Ã ¢Ã¢â ¬Ã ¦Ã ¢Ã¢â ¬Ã ¦Ã ¢Ã¢â ¬Ã ¦.. 26 1. Introduction This report aims to develop and propose the Segmentation, Targeting and Positioning strategies for the personalized elderly home-care service in China, offered by Sunrise Greycare Network Co. Ltd (SGN). Chapter 2 briefly describes the SGN credentials and up to 24-hour service that is provided for the senior citizens in China. Segmentation, targeting and positioning concepts from various books are critically assessed and discussed in Chapter 3. Chapter 4 contains valuable information of the basis of proposed segmentation and targeting for SGNs service and Chapter 5 discusses on the positioning map, competitive advantages and value proposition of SGNs service. Chapter 6 tabulates the annual schedule of the programme that includes marketing budget/expenses and the final conclusion will be made in Chapter 7. 2. Background of the Company and the Service Chosen Company Profile Sunrice Graycare Network Co.,Ltd (SGN) is specializing in offering home-based eldercare service up to 24-hour to families in China. SGN grows its first footprint in Beijing to offer a unique proposition to senior citizens. The whole team is dedicated to improving the quality lives of the elderly. SGN helps with every facet of daily living, from escorting on appointments and companionship, to housekeeping and personalized healthy screening to the seniors. Above all, elderly are always enjoying a safely and comfortably at each home with SGN care, instead of staying at nursing house. Mission Statement Vision: To make SGN the top of mind company for senior care Mission: Leverage our unique strengths to render reliable service and care that exceed clients expectation. Credo: Work with passion, commitment and professionalism 3. Literature Review of the Segmentation, Targeting and Positioning Concept research this theoretical underpinnings of this concept and critique 3.1 Introduction of Segmentation, Targeting and Positioning (STP) Market segmentation, targeting and positioning are the three steps, as shown in below Figure 3.1, that top management has to decide before the implementation of any marketing plan in a company. Figure 3.1 Steps in Market Segmentation, Targeting and Positioning Market segmentation Identify bases for segmenting the market Develop segment profiles Market targeting Develop measures of market attractiveness Select target segments Market positioning Develop positioning for target segments Develop a marketing mix for each segment Source: Armstrong, Kotler Da Silva (2006, p.213) These steps are defined by Armstrong, Kotler Da Silva (2006) as follows: Market segmentation: Dividing a market into distinct groups with distinct needs, characteristics, or behaviours who might require separate products or marketing mixes. Market Targeting: The process of evaluating each market segments attractiveness and selecting one or more segments to enter. Market positioning: Arranging for a product to occupy a clear, distinctive, and desirable place relative to competing products in the minds of target customers. 3.2 Market segmentation: Market segmentation is the act of dividing a market into distinct groups of buyers with different needs, characteristics, or behaviors who might require separate products or marketing mixes (Armstrong, Kotler Da Silva 2006). Market segmentation is pre-requisite to access the right market and people at a maximum. It drives markets growth and increases sales to the business profitability from authors viewpoint. The effectiveness of segmentation should be measurable, accessible, substantial, differentiable and actionable (Smith 2003). Segmentation helps to see the target customers more effectively. The customers have different requirement and needs and influenced by different media. A segment is a unique group of customers who share some common characteristics that make them different from other groups of customers (Smith 2003). Some segments have different needs, require different versions of the same product, pay different prices, buy in different places, can be reached by different media (Smith 2003). Consumer markets can be segmented by many different variables which include geographic, demographics or social statistics, geodemographics, psychographics and behavioralistics. Smith (2003) explains these five categories as below: (1) Geographic: categorized by location which includes streets, towns, cities, regions, countries, continents, and climate, population density and so on. (2) Demographics (social statistics): segmented by age, gender, marital status, life cycle, social class, education, job type, social class, income level, because of consumers needs and wants change with above-mentioned elements. (3) Geodemographics: this mixes geographic and demographic data to create categories of house-type with locations. (4) Psychographics: segment market based on peoples lifestyle, personality, attitudes in accordance of their psychological feature. Lifestyle is often segmented by marketer among others factors. (5) Behavioralistics: bahavioral segmentation reflects the benefits consumer enjoyed and the consumption rate of products or services. Different consumer seeks benefits differently from own perspective. The consumers are divided by light, medium and heavy level as per individuals frequency of usage. The other type of segmentation, according to Smith (2003) is industrial, organizational or business-to- business markets. The organizational markets are segmented by personal characteristics of organizational customers and the benefits sought. The most common profilers for organizational markets are grouped as follows: Type of organization Size of organization (heavy or light user) Geographical location Corporate culture Operating characteristics Job title Purchasing approaches Apart from above profiles, it is felt that marketer also needs to find out who is the end user of organization so as to better understand the direct customers wants and needs. How the customers would use the product or service, the answer helps improve or innovate the product or service to satisfy customers needs. Identify the usage rate which affects sales volume and sales forecast. Lastly, who is the purchasing person and the relationship with purchasing organization is very pertinent to the markets segmentation, because the product or service can be segmented precisely to the buyers once corporate strategies and demands are well perceived. Researchers from McKinsey and others institutes have studied commodity markets, it showed that even customers in commodity market are classified by three segments. Customers concerned about cost more than quality who are Price-sensitive buyers. Whereas, people go for quality excellence and deliverables-focused fall into service segment. The commitment customers are close to total value, thereby winning a long-term relationship (Doyle 2002). While E-commerce is impacting the lives and lifestyle of people, many people prefer to research the related products and rely on the internet as guidance before purchase. In the Reverse Segmentation pinpointed by Kotler, Jain and Maesinecee (2002), customers inform companies of their likes, dislikes and other key messages by answering online questionnaire. The information can be used by the company to construct customer segments. The company can then develop appropriate offerings for the different segments. Marketers can respond to reverse marketing by paying attention to the customers four Cs: enhanced customer value, lower costs, improved convenience, and better communication (Kotler, Jain Maesincee 2002). They need to explore the customers cognitive space, assess the companys competency space, and capture the collaborators resource space (Kotler, Jain Maesincee 2002). Although segment variables vary with different products or services, the author feels that demographics is the most easiest and fastest way to segment the markets which can be measurable and differentiable in marketplace. The strengths are these information of demographics are quite steadfast compare with others categories, people can change their location, lifestyle but most of people cannot change age and gender. The data can be attained from local authorities and other professional organizations without or less costs. 3.3. Market Targeting Target marketing evaluates each market segments attractiveness and selects one or more segments to serve (Armstrong, Kotler Da Silva 2006). To target the best market segments, the company should analyze each segments size and growth (product life cycle), profitability and competition, structural attractiveness and compatibilities with company objectives and resources (Armstrong, Kotler Da Silva 2006). Chaston (1999) also mentions that the identified segment must be of an adequate size, the higher costs of servicing customers needs can be recovered through charging higher prices, the segment is accessible to the supplier and the selected marketing position is resistant to the subsequent entry of competitors. According to Armstrong, Kotler Da Silva (2006) and Doyle (2002), selecting the best target segments involve below strategies which depend on company resources and product itself: Undifferentiated marketing: offers a product for mass market, requires mass production, mass distribution and mass promotion for the same product to all consumers without differences among segments. Differentiated marketing: develops different market offers for two or more segments. Concentrated marketing: niche market focuses on only one or a few market segments. It is especially favored by companies with limited resources. Micromarketing: it includes local marketing and individual marketing. Products or services are tailor-made in pursuit of unique needs from specific individuals and locations. Above are concepts of common target marketing strategies and marketers often adapt to one of them to market their products/services. The author favours concentrated marketing because it provides a strong foundation to build up reputation and gain a great market share effectively. This marketing strategy also helps small company to reduce costs and maintain high prices. However, there is a risk involved as once the segment grows rapidly, it will likely attract larger competitors. Market Positioning Positioning is all about how a product or service is positioned or perceived in the minds of a target group of customers. It answers the question: Why will someone in the target market(s) buy my product or service instead of the competitors? (Lodish, Morgan Kallianpu 2001). American academics Aaker and Shansby categorized all the variables into six groups as follows (Smith 2003): Attribute, eg gentleness, ruggedness, tasteful Price and quality, eg premium-quality image or value-based Use or application, eg associations with a particular situation or occasion for use User, eg linking the product or service to types of users, lifestyles, profiles Product class, eg positioning in diet foods or in normal foods Competitors, eg positioning against a competitor and competitive advertising Perceptual maps help to devise positionings and repositionings. Product positioning maps are drawn with their axes dividing the plot into four quadrants. This is because most of the parameters upon which they are based typically range from high to low and the two attributes usually considered are quality and price. However, it is felt that real-life product positioning maps will be more complex as there involves a number of dimensions, apart from the two attributes being considered. A products position is a complex set of perceptions, impressions and feeling that consumers have for the product compared with competing products. A product or service must differentiate its offer by building a unique bundle of benefits that appeals to a substantial group within the segment. Beyond the product differentiation, companies also can be differentiated by hiring better people which overtake other competitors. Generally, there are five winning value propositions to brand the products positionings: more for more, more for the same, the same for less, less for much less, or more for less (Armstrong, Kotler Da Silva 2006). Doyle (2002) adds that companies must gauge the 4 criteria so as to structure the differential advantages properly among customers. Successful marketer will always design the products or services that are unique, sustainable, profitable and offering benefits to customers. Overall, the author feels positioning is an outcome of differentiation strategy, the outcome of positioning ultimately is to create and anchor a market value proposition into the minds of targeted customers within segmented territory. It is proved that products unique proposition is associated with strong marketing communications and planning, in which deliver the deliberate position and convey the key message to target customers along a continuum. The distinctive benefit, chosen position and brand awareness take a long time to plot and map out through consistent market effort. Although customers hardly change the original product perception in mind, but marketers often choose to repositioning the product when the target markets changes. 4. Basis for Proposed Segmentation and Targeting for the Service Chosen Armstrong, Kotler Da Silva (2006) have a checklist of segmentation bases which serves a knife to slice or carve up the segments correctly. Marketer must draw a close attention to the nature of the product and market, to select the most relevant variables for the best segmentation bases. Demographic variables: age, disposable income, gender, occupation etc Geographic variables: urban, suburban, rural etc Behavioral variables: benefit, occasion, usage, loyalty status etc Sunrise Graycare Network (SGN) divides customers into different groups based on age, income level, location and population density. China has the largest elder population in the world, which accounts for one fifth of the worlds total older population. The older population over 60 is 143 million by 2004, accounting for 10.97% of the total population. There are 11 provinces and municipal cities which are above the national average in population ageing. Beijing is among top of them is about 13.66% (Xiao 2007). According to the latest statistics released by 2010, the elderly population of Beijing has reached 2.54 million (CPDRC 2010). Beijings graying population is expected to grow to 6.5 million by 2050, when one in three people will be older than 60, the aging committee estimates (Cao Quan 2009). The shortfall of elder care service can be seen in Beijing. An example for whose nursing homes can only accommodate 9,924 people just 0.6% of the senior population.à With longer life expectancy, growing affluence and the effects of Chinas stringent One Child Law policy leaving the elderly with a child unable to care for them (Retirement Homes 2005). Aging residents in China usually are traditionally taken care of by their children. However, nowadays young peoples lifestyles have been changed, job competition caused growing work pressures, constantly overtime and anxiety. Many young couples turn to professional service to look after their parents and grandparents (Zhang 2010). A great shortfall in eldercare in China is a serious problem caught attention by government. Seeing the size of the graying population, SGNs segment groups specifically are working adults and 60 years old and above old people in Beijing. Working professionals at middle-age who need to take after both parents and parents in law, they will also need to raise and educate their children simultaneously. These people born in the 40s to 60s are sandwich generation, they are often very tired in keeping balance between life and work. A salary survey conducted by America Huiyue Company showed that Beijing Managers earn the juiciest salary, earning the highest salary among other cities in China (AsiaInfo Services 2002). It is believed that these people have sound financial condition and need professional care to lighten their burden. The feature of SGNs locations is a great access to very famous hospitals where potential clients frequently visit with their parents. SGN offices located in golden districts and only take about 5-10 minutes walking distance to the hospitals and residential areas. Hence, the segmentation bases zoom SGN target groups in two finer segments as below: Segmentation Age Income Level Location Population density Segment Profiler 1 60 and above RMB24,000 p.a. and above Downtown in Beijing, adjacent to local communities High Segment Profiler 2 40 to 60 RMB36,000 p.a. and above Downtown in Beijing, adjacent to local communities High As Doyle (2002) specifies that there are five factors govern the attractiveness of the segment, namely: Segment size Segment growth Profitability of the segment Current and potential competition Capabilities of the business After evaluating the two different market segments, SGNs targeting markets are chosen for both segment 1 and 2 based on the five factors. Due to SGN is a start- up company with limited resources, therefore, concentrated marketing strategy (or niche marketing) is deployed for the two targeting markets. The detailed analysis on attractiveness of the chosen targeting markets is as follows: 1. Segment size By 2050, the elderly Chinese will outnumber the entire U.S. population (USA United Nations Department of Public Information 1999), the elderly population in Beijing is about 2.54 million in 2010 (CPDRC 2010). Such a large size of targeting group determined SGNs market prospective. 2. Segment growth Beijings graying population is expected to grow to 6.5 million by 2050, when one in three people will be older than 60, the aging committee estimates (Cao Quan 2009). The data indicated clearly that the potential growth is positive, in other words, the peak of elderly service will not be ebbed but upsurge instead. 3. Profitability of the segment SGN used concentrated marketing strategy to market efficiently, which reduced marketing costs but focused to best serve consumers in the same way and to achieve profitability. The nature of business is considered a low investment yield high returns. No inventory worries. The other side, the eldercare business in China, according to Service Industry Tax Rebate Policy under Chapter 12.1 Elderly Service, it stipulated that agency for elderly service, disabled service, matchmaker agency, funeral service will not be taxed for the beginning of 3 years of business (BJ local Taxation Bureau 2010). It seems that the local government is actively promoting eldercares business by waiving off business tax and it is believed that there will be more benefits coming. It showed that SGN targeting markets can be most profitable. 4. Current and potential competition There is still a big gap to be filled and catered for the swelling graying population in China. Currently theres no direct competitor in Beijing, the competition will not be fierce. Although a numerous nursing homes and household agencies in local market are seen as indirect competitors, but SGN is the first company only practicing home-based eldercare service for aged 60 and above seniors, it makes SGN the top of mind company before any other rivals presence. 5. Capabilities of the business SGN established a team which is filled with versatile leaders who will inspire people to render the professional senior care to the targeting groups. The manpower capability is one of the companys key competitive advantages for business sustainable. SGN is hiring a pool of qualified and capable people to take challenging tasks every day, provided with on-job training regularly for continually business productivity. With sufficient staff on board, it is enabled to maximize business sales volume on daily basis. SGN office sites are located in four primary districts in Beijing. It serves as an extensive network to attract senior residents in each district. 5. Basis for Proposed Positioning Chosen Below Figure 5.1 shows the positioning map of indirect competitors and proposed SGNs position for current market situation: Figure 5.1 Positioning Map Quality Price Low High High Low Cluster A Cluster B Cluster C = Indirect competitors = SGN Source: Adapted from Armstrong, Kotler and Da Silva (2006, p.236) According to recent research and survey conducted by SGN, it is found that the two important attributes that customers want are Quality Service and Price. These survey results are plotted in a positioning map as per Figure 5.1, which illustrates the existence of three clusters in the current China market. Clusters A, B and C are indirect competitors for elderly care service, they are either nursing homes, household agencies or hourly maid service. The brands bundled together within Cluster A considered prestige segment due to high price and good service (quality), Cluster B represents the brands that are categorized in middle segment, their price and service ranked in average range. Those brands in Cluster C are pricing low and qualities are also in low level, competitors in Cluster C fall into economic segment. It is proposed that SGN positions itself as more for less for its value proposition, as shown in Figure 5.1. This value proposition is most welcome by customers and will enable us to greatly differentiate from these indirect competitors. SGN has the following competitive advantages: I. Focus SGN is only focusing in aged care solution, committed to deliver the highest standard quality of work to elderly for better quality of life. II. Home sweet home Despite of the modern nursing homes are equipped with most advanced facilities, it is always clean or sterilized all the while. The caregivers are professional and sympathetic, but people just feel aging there is depressing in China. Home is the best place to stay is what SGN endorse and practice. The environment is a key to ensure that clients enjoy themselves to a greater extent. III. Comprehensive service SGNs unique in-home care is covering all concerns from elderly people, from physical level to spiritual level needs, which other competitors are not able to fulfill some specific requirements. IV. Staff SGNs dedicated team is well-trained knowledgeable personnel with pleasant personality. General Practice Team is to handle the daily routine work for older people, medical and health care is handled by interdisciplinary team led by Geriatric Care Manager. V. Service charge SGNs service charge is subjected to the frequency and duration. SGN service charge is more flexible than other competitors, price options will enlarge client base and engage them from short-term to long term clients through their experience. The benefit chosen for SGNs positioning statement is: SGN is the only service specialist for home-based elderly service. Hence, the overall positioning statement for SGN is: To senior citizens, SGN offers the utmost personalized elderly service at their home. 6. Annual Schedule for the Programme including Marketing Budget/Expenditure Annual Schedule -Year of 2011 a) Budget and Deployment Plan Country Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Marketing Budget Total Budget Beijing, China -Ads (ATL BTL) -Open House (package promotion) E-marketing Printed collaterals Referral scheme Chinese New Year Feb 03-05 -Ads (ATL BTL) E-marketing Roadshow (community alliance) -Referral scheme Ads (ATL BTL) Open House (package promotion) E-marketing Referral scheme Labor Day May 01- 03 Ads (ATL BTL) E-marketing Roadshow (community alliance) Referral scheme -Ads (ATL BTL) -Open House (package promotion) E-marketing Printed collaterals Referral scheme Dragon Boat Festival June 06 Ads (ATL BTL) E-marketing Roadshow (community alliance) Referral scheme -Ads (ATL BTL) -Open House (package promotion) E-marketing Printed collaterals Referral scheme Ads (ATL BTL) E-marketing Roadshow (community alliance) Referral scheme Mid-Autumn Festival Sep 12 National Day Holiday (Oct 01-06) -Ads (ATL BTL) -Open House (package promotion) E-marketing Printed collaterals Referral scheme Ads (ATL BTL) E-marketing Roadshow (community alliance) Referral scheme -Ads (ATL BTL) -Open House (package promotion) E-marketing Printed collaterals Referral scheme Ads (ATL BTL) E-marketing Roadshow (community alliance) Referral scheme Cost Estimate RMB5.000.00 RMB3,000.00 RMB5,000.00 RMB3,000.00 RMB5,000.00 RMB3,000.00 RMB5,000.00 RMB3,000.00 RMB5,000.00 RMB3,000.00 RMB5,000.00 RMB3,000.00 RMB48,000.00 RMB50,000.00 à © SGN 2011 Total RMB48,000.00 7. Conclusion Upon segmentation, two distinct segments were identified and evaluated of their market attractiveness. It is recommended that SGN targets both segments, adopting concentrated marketing strategy, via single marketing mix. These two segments are: Profiler 1 is a group of senior citizens of age 60 and above and profiler 2 is a group of middle age citizens from 40 to 60 years old working professionals. The positioning strategy proposed for SGN is more for less value proposition and positioning statement as To senior citizens, SGN offers the utmost personalized elderly service at their home.
Wednesday, October 2, 2019
The Ghostââ¬â¢s Appeal: Manââ¬â¢s Interest in the Superficial in Toulouse-Lautr
The Ghostââ¬â¢s Appeal: Manââ¬â¢s Interest in the Superficial in Toulouse-Lautrecââ¬â¢s At the Moulin-Rouge Henri de Toulouse-Lautrecââ¬â¢s famous painting, At the Moulin-Rouge, combines striking coloring with abnormal lighting to create a work that addresses menââ¬â¢s superficial interest in women. The dark scene depicted in the painting includes ten people scattered about a restaurant. In the center, two women and three men sit casually around a table while the background portrays two men and a woman peering into mirrors; a second woman (in the foreground) observes the situation. The most arresting aspect of the picture is the dominating, pale face of a woman in the right foreground of the picture. A careful analysis of the painting begins with the study of the portrayal of the brightly-lit women and how the menââ¬â¢s gazes focus that representation and concludes with the viewerââ¬â¢s natural confirmation of that portrayal. This textual look at the picture leads the viewer to the conclusion that it is a womanââ¬â¢s external pomp that attracts a male. Because of Toulouse-Lautrecââ¬â¢s use of lighting, it is clear that the women are central to the painting. Despite the intermixing of men and women, the light falls only on the women, and the men are left in the shadows. Because of this, the eye wanders, not to the men, but to the women; thus, they become the subject of the painting. While this lighting does not appear unnatural, it is far from the customary distribution of light. Hence, the lighting of the women is an intentional attempt to focus the observer on them. Clearly, the objective of At the Moulin-Rouge centers on women. Having established that the females are integral to the work, it is interesting to see how the illumination reveals more about th... ...illed with interesting scenes, people, and ideas, has a distinct theme that emerges by looking at both the women and their male counterparts. From their similarities to actresses to their depiction as ghosts, Toulouse-Lautrecââ¬â¢s women are superficial. It is the menââ¬â¢s obsession with this, however, that reveals the workââ¬â¢s complete theme. Namely, that it is the outward grandeur of a woman that charms men. This point is brought close to home as the viewer realizes that he joins the men in the painting with the same curious interest in the superficial. Toulouse-Lautrecââ¬â¢s masterpiece brings the theme of superficialityââ¬â¢s appeal full-circle by engulfing both the subjects and the audience. NOTES *At the time, "flâ⬠°neur" described the rich, male population that had time to observe and appreciate art. Artists of the day knew that their audience consisted largely of flâ⬠°neurs.
Tuesday, October 1, 2019
Love and Happiness in Elephants by Sarah Gruen and The Book of Negroes
Happiness is essential for one to be sane. Love leads to happiness and this is shown in the novels Water for Elephants by Sarah Gruen and The Book of Negroes by Lawrence Hill. Characters in both novels try to find happiness through love, but it ultimately leads to despair because of the death or loss of a loved one. Happiness is fulfilled through the form of love. To begin with, Jacob has respect and love for his parents that have been there every step of his life. The Dean of the University calls Jacob into his office and Jacob fears ââ¬Å"Dear Lord- if I get expelled now, my father will kill me. (Gruen 6)â⬠Jacob fears that if he gets expelled from the university, that his father had put much hard work to bring Jacob there, then his father will be dissatisfied with him. Jacobââ¬â¢s fear of dishearten his family is a symbol that he loves his family tremendously. This also represents that his happiness is a link to the happiness of his parents and that their disappointment of him is also a disappointment of himself. Secondly, Marlene loves her husband August greatly, thus bringing her happiness. Jacob asks Marlene how is August like and Marlene replies ââ¬Å"Heââ¬â¢s capable of being the most charming man on earth. (95)â⬠Marleneââ¬â¢s family, who are Roman Catholic, has banished her because she marries August, who is Jewish. To Marlene, the love of her family is crucial to her, but now that they create a hole of anguish inside of her, therefore she fills this hole by loving and greatly admiring August. Like the Book of Negroes, Happiness comes through the form of love and this perfectly exemplified in the how Jacob loves his parents because he fears them and Marlene loves August after her family exiles her. Afterward, Aminata falls in love with C... ...annot meet his beloved, Aminata falls into a trance of depression. Finally, Aminataââ¬â¢s master sells her darling child. Aminata tells her master to bring her child back and he replies ââ¬Å"Too late. Heââ¬â¢s sold. Only got me five poundsâ⬠¦heââ¬â¢ll grow and his new master a fine profit one day. (184)â⬠After, Chekura visits become scarce; Aminata relies on her child for the meager happiness she can get. However, this changes after her master steals and sells her child, and this is like him stealing Aminata happiness and selling it away. Though happiness is vital to life and it comes in the form of love, it does not always mean that misery will not follow it. This is shown when Jacob loves his parents, but his parents die, Marlene loves August, but he hits her. Also when Aminata falls in love with Chekura, but they are separated and when Aminataââ¬â¢s master sells Aminataââ¬â¢s child.
Mogen Inc. Essay
EXECUTIVE SUMMARY In 2006, Merrill Lynch become the lead book runner for a $5 billion convertible bond issue for MoGen, Inc., which was the single-largest convertible bond issuance in history. Merrill Lynchââ¬â¢s Equity Derivatives Group needed to convince MoGenââ¬â¢s management of the best coupon rate and conversion premium for MoGen and the potential investors in the issue. BACKGROUND MoGen, Inc was one of the leading company in the biotechnology industry. MoGen (Molecular Genetics) emerged with two of the first biologically derrived human therapeutic drugs that helped to offset the damaging effects from chemotherapy for cancer patients undergoing treatment. This products were the first ââ¬Å"blockbusterâ⬠drugs to emerge from the nascent biotechnology industry. SWOT ANALYSIS 1.Strength : â⬠¢Leading company in biotechnology industry. â⬠¢Succesfully treating the patient as well as making the company competitive leader in drug quality. â⬠¢Credit rating A+ 2.Opportunity : â⬠¢Tren gaya hidup masyarakat yang mulai mementingkan kesehatan â⬠¢Munculnya berbagai gangguan kesehatan di zaman modern 3.Threat : â⬠¢Faced uncertainty of new product creation. â⬠¢Competitive threat of follow-on biologics or ââ¬Å"biosimilarâ⬠began emerging.
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