Stars are products that have a big share of a fast-growth market, like the Apple iPhone. Hey are products doing well in an attractive market. Businesses.

Slides:



Advertisements
Similar presentations
4/20 Warm-up 1. Identify 2 competitors in the same market. 2. Explain how your business distinguishes itself from its competitors What do they want people.
Advertisements

1 HIGHEST REVENUE Fiscal Quarter Revenue $B Horizon 1 12 months – 18 months Horizon 2 18 months – 3 years Horizon 3 3 years – 5 years NOW GBU/RBUs.
The Boston Matrix. The Boston Matrix is designed to show two aspects of marketing – how a firms products are performing (how much market share they have)how.
Product life cycle By: Brian Smith Jon Xu Nick Gland Maddie Mansi.
This lesson we will be learning about The Boston Matrix What do you think this might be about?
Copyright 2006 – Biz/ed Product Life Cycles and the Boston Matrix.
PRODUCT PORTFOLIO ANALYSIS IB BUSINESS & MANAGEMENT A Course Companion p
Boston Matrix By Robert Vadas. -The Boston Consulting group developed this as a tool of portfolio analysis -Portfolio is the collection of businesses.
1990 – RIM begins selling wireless connectivity equipment 1997 – RIM receives the Emmy Award for technological innovation 1997 – listed on the Toronto.
BCG Growth/Share Matrix Market Growth Low High Market Share HighLow ? The Boston Consulting Group Growth-Share Matrix was developed in the 1960’s as a.
 BCG stands for Boston Consulting Group  BCG Matrix was designed in 1970s for product portfolio planning, based on the concept of product life cycle.
PRODUCT PORTFOLIO ANALYSIS
FORMULATION OF STRATEGY: ANALYSING THE PRODUCT PORTFOLIO
Branding Can a person be a brand? Discuss the following with the person next to you: Why people become a brand name? What does the person gain by becoming.
Boston Matrix Fred Lee Period 3.
Price.  Price is what is charged by the supplier to the consumer  Can be a deciding factor in a consumer choosing your product over you consumers 
Performance Measurement Mark Fielding-Pritchard. Boston Group Matrix.
- Quick introduction and company example -
Cell-1 Stars Cell-2 Question Mark Cell-3 Cash Cows Cell-4 Dogs
Product Portfolio Analysis Simply analysing the range of products a business has. One way of analysing the products is by using the BOSTON MATRIX.
The Marketing Mix: Product
Performance Analysis Lecture by Murad Rattani Oxford College of London.
1.3.5 Marketing strategy - cartoon
The Boston Matrix IB Business and Management What is the Boston Matrix? It is a tool created by the Boston Consultancy Group It is designed to be used.
Marketing - Revision 1. Write down the 4Ps of the marketing mix; a.Place; explain what is meant by a distribution channel b.Price; define the following.
Market Planning and Strategy. Market Research Plan SWOT analysis Marketing budget Business Objectives Marketing strategies Market Research.
Boston Matrix.  The range of products owned by a business  Also refers to Strategic Business Units (SBU), which are businesses or divisions owned by.
Valuing a Company What determines a companies worth?
Play Free Online Sweepstakes Games for Money
The BCG matrix. The BCG matrix is a chart that had been created by Bruce Henderson for the Boston Consulting Group in 1968 to help corporations with analyzing.
THE PRODUCT LIFE CYCLE.
1.3 Marketing mix and strategy Marketing strategy
20/9/16 – Business- Ansoff’s Matrix, Boston Matrix…..
What is it? What purpose does it serve?
SWOT, PEST+C, Porter’s 5 Forces, BCG Matrix
How To Get More Business
Business policy and Strategic management
Linking promotional activity to the product life cycle
1.3 Marketing mix and strategy Marketing strategy
Financial forecasting
Product Portfolio Analysis
MARKETING.
Boston Matrix Joe Chou.
Why do you think Sony does not promote all these products?
IB Business Management
20/9/16 – Business- Ansoff’s Matrix, Boston Matrix…..
The Marketing Mix "The 7 P's".
Empire Electronics is one of the UK’s leading online specialist retailers. We are looking to expand our business by opening a number of high street stores.
Knowledge Organiser Marketing
Thursday 3rd October 2013 Mr Nicholls
Starter Activity Complete the worksheet provided by your teacher!
The Stock Market.
What is a life cycle? Put these stages of our life cycle in order
The Boston Matrix!.
(Boston Consulting Group Matrix) BOSTON CONSULTING GROUP MATRIX (BCG)
The Marketing Mix: Price
Verb : to have has has have He ______ got a cow.
You’re will be responsible for:
Magic Trick Would you believe me if I told you I can take these $10 and turn them into over $34 without: Printing any new money Receiving any new money.
4 P’s Marketing Mix Product Price Promotion Place.
Earning $3600 a week or $187,000 a year SHOP.com /yourname Customer Business Owner Save Money on Items you are buying anyways Cash-back earned on.
Chapter 2 Game MC MC MC MC Short Answer
‘POWER USERS’ OF OUT OF HOME ACHIEVE BIG RESULTS
Stars are products that have a big share of a fast-growth market, like the Apple iPhone. Hey are products doing well in an attractive market. Businesses.
Strategic Management in Business marketing
Financial and Non Financial Objectives
BGC Matrix for Hotel Marketing Managers
Business Unit Strength Market Attractiveness
Want more tools and templates? Visit
Getting Trading Ideas Personal Finance Lab.
Presentation transcript:

Stars are products that have a big share of a fast-growth market, like the Apple iPhone. Hey are products doing well in an attractive market. Businesses need to keep improving and promoting stars with the aim of turning them into cash cows of the future. What stars can you think of? Question marks can also be called problem children. They have a small share of a fast growing market. An example is a new brand in the computer games market. They could turn out to be very successful, and it is an attractive market but the business cannot be sure if it will succeed. Businesses need to spend money promoting these products to ensure they are successful – this could come from the money of cash cows. What question marks can you think of? Cash cows are products that are doing well and have a high share of the market, but the market isn’t growing very fast. An example is Heinz tomato ketchup. These products are well known and shops want to stock them. Customers buy them in large quantities. Profits from these products are good and earn businesses lots of money. This money should be used to develop products for the future. What cash cows can you think of? Dogs are products that have a low share of a low-growth market. They are not doing well and the market isn’t growing very fast. They are not much good to a business and the business an either get rid of them of try to improve them. Tango and Lucozade used to be like this. What dogs can you think of?