Promotional strategy to enhance the brand awareness of Alibaba Door & Furniture
This internship report is submitted in a partial fulfillment of the requirements for the degree of Bachelor of Business Administration, 2017.
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10361-103662019-09-30T04:48:56Z Promotional strategy to enhance the brand awareness of Alibaba Door & Furniture Afreen, Sadia Islam, Md.Tamzidul BRAC Business School, BRAC University Alibaba Door & Furniture Marketing strategy This internship report is submitted in a partial fulfillment of the requirements for the degree of Bachelor of Business Administration, 2017. Cataloged from PDF version of internship report. Includes bibliographical references (pages 19). Alibaba Door & Furniture functions as an SBU of Coronet Impex. Established in 2002, it targeted to become the only brand back then in the industry. It has 10 retail outlets in Dhaka city & 41 dealers across the country. It targeted the premium consumer base who can afford the products at a premium price for a premium value. However, the Door market dynamics have changed a lot after that. The market size is bigger with multiple Brands targeting the overall market with several strategies. The price point, raw material & product features (most importantly appearance) are the main factors in this. To cope up with & eventually lead the market, Alibaba Door has made a wide range of product differentiation through innovation, continuous up gradation & maintaining brand equity. It has developed 6 types of interior door where the usual industry practices were only limited within wooden & PVC based door. With the increase of market demand & size, other wealthy organization have entered the market place with competitive offerings increasing the level & dynamics of competition. Although the brand has considered different income groups & differentiated its product, Its still perceived to be the Premium brand charging premium price which is no longer the case. The main reason for this proposal I am figuring out an effective way to communicate its consumers based on current industry practices & the firm’s competitive advantage. It was realized that the firm lacks in its B2B strategy by limiting it only to its dealer where the other brands are continuously engaging into more B2B relationships. So several open ended discussions were held with the organizational employees, dealers & other B2B vendors of other brandsfocused on the current industry marketing practices, the brands existing marketing practices, how to upgrade, the brands competitive advantage, the focused target group & B2B relationships. So the proposed reformed strategy includes the existing industry practices & a combined way to incorporate them. Sadia Afreen B. Business Administration 2018-07-24T05:46:06Z 2018-07-24T05:46:06Z 2017 2017-10-05 Internship report ID 13204043 http://hdl.handle.net/10361/10366 en BRAC University internship reports are protected by copyright. They may be viewed from this source for any purpose, but reproduction or distribution in any format is prohibited without written permission. 19 pages application/pdf BRAC Univeristy |
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Brac University |
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Institutional Repository |
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English |
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Alibaba Door & Furniture Marketing strategy |
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Alibaba Door & Furniture Marketing strategy Afreen, Sadia Promotional strategy to enhance the brand awareness of Alibaba Door & Furniture |
description |
This internship report is submitted in a partial fulfillment of the requirements for the degree of Bachelor of Business Administration, 2017. |
author2 |
Islam, Md.Tamzidul |
author_facet |
Islam, Md.Tamzidul Afreen, Sadia |
format |
Internship report |
author |
Afreen, Sadia |
author_sort |
Afreen, Sadia |
title |
Promotional strategy to enhance the brand awareness of Alibaba Door & Furniture |
title_short |
Promotional strategy to enhance the brand awareness of Alibaba Door & Furniture |
title_full |
Promotional strategy to enhance the brand awareness of Alibaba Door & Furniture |
title_fullStr |
Promotional strategy to enhance the brand awareness of Alibaba Door & Furniture |
title_full_unstemmed |
Promotional strategy to enhance the brand awareness of Alibaba Door & Furniture |
title_sort |
promotional strategy to enhance the brand awareness of alibaba door & furniture |
publisher |
BRAC Univeristy |
publishDate |
2018 |
url |
http://hdl.handle.net/10361/10366 |
work_keys_str_mv |
AT afreensadia promotionalstrategytoenhancethebrandawarenessofalibabadoorfurniture |
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