posted by mehboob on .
Supposed you have been hired as a Marketing Manager in a Multinational Company which is
dealing in high tech products. Company wants to launch a cell phone in the market which can
measure the Sugar level and Heart beat of the users. Since, it is a specialty product so it
requires very rational strategic decisions to be made in order to launch in new market. Selected
target market for your company is Lahore. Now you are required to prepare an analysis on the
following Ps of marketing before launching this new product in the market.
Product = Specialty
Place = Lahore
* As the target market comprises of the affluent or elites of the city, you need to devise
appropriate plan for this.
You are required to select the best option and justify your answer
• Less sale and high profit margin
• High sale and less profit margin
• Skimming strategy
• Penetration strategy
• Value exchange = Price
• Cost plus profit = Price
You are required to mention the proper plan for the promotion of this product under the
• Advertisement strategy
• Promotion strategy
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