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Competitive Analysis

Transcript: Whats Important? New Jersey Standards Employment & Income Spending & Saving Credit & Debt Investing Financial Decision Making Risk Management & Insurance Grouped based on State and National Standards Earning Income Saving Using Credit Financial Investing Buying Goods & Services Protecting & Insuring The Competitors Competitive Analysis Grasping a better understanding of what is out there versus what we have Council on Economic Financial Literacy Standards Income & Careers income & careers money entrepreneurship Money Management decision making planning & budgeting goal setting Credit and Debt Management interest credit debt Planning, Saving, Investing banking & borrowing investing Becoming a Critical Consumer consumer protection decision making consumer skills Insuring and Protecting risk & insurance Civic Financial Responsibility taxation government & the economy economy scarcity economic cycles Hard Core Financial Education Boot Camp "Wealth is Good. Cash Flow is Better"-Keith Whelan Junior Achievement of New Jersey Working in Support of Education-W!SE MyMoney.gov Take Charge America by University of Arizona Building Your Future Family Economics and Financial Education (FEFE) Learning, Earning, and Investing for a New Generation (CEE) Money as your Grow Practical Money Skills for Life Financial Avenue Trenton Public Schools Secondary Curriculum Guide Social Studies National Endowment for Financial Education (NEFE) Financial Fitness for Life--Economics America Price Water House Coopers Earn Your Future Quizzes MoneyU Virtual Business-Personal Finance JumpStart Banzai! EverFi Financial Literacy FoolproofTeacher.com Me, Myself, My Money Middletown Township Public Schools-Personal Finance and Economic Literacy Half-Year Course The Gen i Revolution: An Online Personal Finance Game The Stock Market Game Certification for students Assessments pre and post test tests projects grade based on game activities Behavior Changing Our 19 Strands Jump$tart Coalition Other things to Consider: Income & Careers : 19 times Money Management : 20 times Credit and Debt Management : 27 times Planning, Saving, Investing : 22 times Becoming a Critical Consumer : 13 times Insuring & Protecting : 10 times Civic Financial Responsibility : 18 times Income and Careers Money Management Credit and Debt Management Planning, Saving, and Investing Becoming a Critical Consumer Insuring and Protecting Civic Financial Responsibility Money Government & the Economy Scarcity Economic Cycles Economy Decision Making Planning & Budgeting Goal Setting Consumer Skills Banking & Borrowing Interest Consumer Protection Risk & Insurance Investing Taxation Credit Debt Entrepreneurship Income & Careers

Competitive Analysis

Transcript: Competitive Analysis Products Page - shows a list of their products and plans and gives brief description of each - a link to PLDT's MyBro is placed at the bottom of the page to view their Home Bro products - no specific product page - products and plans are categorized under postpaid and prepaid - when prepaid or postpaid option is clicked, all plan listings and details are already presented to viewers - list of plans are readily available for viewing upon loading PLDT myDSL link - description of PLDT myDSL service can be viewed on the same link Show how things would improve Pro Explain your expectations Summarize your recommendation http://pldthome.com/surf/mydsl/about - no independent website - connected to PLDT's main site - all product or service details, plan information are readily available upon viewing this page Challenges and opportunities Con Define the objective PLDT http://sunbroadband.ph/home.php - no independent website - connected to Sun's main site - information, events, products, plans, packages, etc. are listed based on date of release - no categories to choose from that will lead viewers to the specific information that they might be looking for Describe the desired state Get your audience excited Idea 2 Pro Sun Broadband http://www1.smart.com.ph/bro/ - no independent website - connected to Smart's main site - products, plans, and packages are categorized under (1) Devices & Gadgets (2) Mobile Postpaid Plans and (3) Text and Surf Packages - LTE service features are also summed up in this page PLDT Broadband Con Con Explain new strategies Identify the problem Smart Idea 1 How problems can be resolved Pro Portals What if we do nothing? Explain what success will bring Sun Describe the current situation Based on Jim Harvey's speech structures Smart Broadband

Competitive Analysis

Transcript: Compétitive Analysés Study Shows Plus-Size Dissatisfaction "Larger women have big problems with their options for plus-size clothing." --WWD Misses Petites Woman (Plus Size) Woman Petites (Plus Size) Accessories & Shoes Talbot's Took Off the Red Door But Still Has a Long Way to Go To Change Its Image Store Experience Average Sell Point: $75/Purchase Customer: Women in the fast-growing 35+ population Overall: Clean, organized atmosphere. Mannequins displaying multiple categories of merchandise. Nothing specified towards the plus size category. Average Sell Point: $87/Purchase Offer all womens categories, but are tailored more to a plus size customer. 1310 Third Avenue New York, NY 10021 212-249-9105 More Personalized atmosphere with welcoming employees. Strengths Store Image All white look, including fixtures and mannequins. Boutique Store Image Specialty Retailer Breaking into the industry in a niche market competing with national department stores as well as regional department store chains. The Company also competes with other specialty retailers and catalog companies. The Company is faced with a variety of competitive challenges including: • Anticipating and responding to changing consumer demands • Creating & maintaining favorable brand recognition • Developing high quality merchandise in sizes, colors, and styles that appeal to consumers • Appropriately managing inventory levels • Sourcing merchandise efficiently • Effectively marketing the Company’s products to consumers • Pricing the Company’s merchandise appropriately. Unique sizing chart runs from 000-4.5 (0-22) Specialty retailer of private branded, sophisticated, casual-to-dressy clothing, intimates, complementary accessories, and other non-clothing gift items. Madison Avenue (Midtown Manhattan) 525 Madison Avenue (Between 53rd & 54th St) New York, NY 10022 212-838-8811 Customer: Women ages 35-55 Smaller setting Supermodel Linda Evangelista, 45 Merchandise Categories Mon - Fri 10:00 AM - 7:00 PM Sat 10:00 AM - 6:00 PM Sun 12:00 PM - 6:00 PM Clean, "white look"-Flooring, mannequins etc. Weaknesses Store Experience Competitor #2: Chico's Merchandise Categories What will set my company a part: Advertised for plus size collection but their selection was small. Conclusion Competitor #1: Talbots Inc. Mon - Fri: 10am - 8pm Sat: 10am - 6pm Sun: 12pm - 6pm Customized experience offered with excellent customer service. Additional Services: Tailoring etc. Similar price point at a better quality. Visual Appeal Understanding of exactly who we are. More tailored to plus size market Overview Strengths of the competitor affecting our sale: Surge of fashionable yet affordable clothes Provision of discounted sale options round the year Helpful nature and readiness of floor attendants Appeasement with free gifts and paraphernalia Expanding product categories and geographic scope

Competitive Analysis

Transcript: Currently, Orbitz is using a thin Caucasian man as their spokesperson for their tv ads. They use mild humor by presenting him as a “know-it all” type of man. He lets the audience know how and when things happen in hotels. After this, the audience gets a brief explanation on how Orbitz will be the same, transparent. It will also give you money back if a different guest books for less. For their new mobile app and website, they use a well-known cartoon character, Snoopy. There are various print ads where Snoopy is seen around the world traveling thanks to Orbitz. In the example we provide, Snoopy is on the Eifel tower insinuating that no matter what you are looking for, they have it and understand your needs. As a company within the travel industry, it is challenging to differentiate amongst competitors with price. Once one or two travel companies drop their prices, the rest will have to follow in order to stay in the market. Therefore, lowering prices is not the strongest way for AAA to gain market share. However, AAA should consider their competitors prices and not exceed them significantly. We highly recommend that AAA create a person/character for consumers to engage with. This character will guide consumers into the digital world built by AAA by encouraging interaction between AAA and their clients. By doing this, strong relationships will grow and AAA travelers will stay committed to their service. Orbitz and Travelocity December 2010~2011 Objectives 50% are female (104i) 63% are age 35+ (132i) 48% have an annual household income of over $75,000 (136i) 36% graduated with a college degree (134i) 50% have made a hotel reservation Purchasers of family vacations, romantic getaways, guided tours, crusises, etc. Adults 25-60 single/married with children X FSI After advertising was reviewed for Travelocity we found that the Benefit/Takeaway for the majority of the ads on-line were similar. The message is “Save up to X amount of money on your next flight or hotel”. However, TV ads and Ads on YouTube were somewhat different. The messages focused on the experience and savings that one can have when you book with Travelocity. Benefit/Takeaway Target Audience Online Travelocity.com Facebook page of Travelocity Prettycreative.com/Travelocity.htm Orbitz Travel channel on Youtube Orbitz.com & Facebook fan page for Orbitz Travel Media Vehicles Used: December 2010-2011 Benefit/Takeaway Learning's for AAA Travel X Amber Chaput Lin Lai Mari Perez Rebecca Hanson Susana Escamilla Time Frame Orbitz Creative Strategy For Travelocity some of the support points are, “Book early for Great Rates” and “Save 45% off on Hotels and Packages.” TV Conclusion Travelocity Executional Observations Competitive Creative Advertising Analysis Travelocity uses: 30 and: 15 second spots on Television and YouTube. Travelocity also uses a talent to promote each ad. For instance, Travelocity uses a gnome to add humor and fun to their promotions. Each ad shows the experience that one can have when they book their trip with Travelocity. For example, there is an ad where a couple is hugging and laughing in front of the Eiffel Tower in France. There is also a TV ad where a family is in the Caribbean and the wife exclaims it is the best vacation she’s ever had with her family. (cc) photo by jimmyharris on Flickr Both Travelocity and Orbitz utilize TV and online vehicles while Travelocity also has print ads. It seems that both companies have a specific character to represent their brand (the gnome and Snoopy). Having these characters is a great way for them to build long-lasting relationships with their clients along with opportunities to use humor to attract travelers given the current economic situation. Orbitz Executional Observations Some of Orbitz’s support points are, “50% more saving using your mobile phone” and “helping avoid any potential problems so there are no surprises on the trip”. Sources Travelocity Creative Strategy X Support Points Determine the weakness and strengths of the competitor’s creative advertising within our market. Develop strategical implications to prevent competition from entering our market. X Travel Competitors Reviewed December 16, 2011 Support Points Currently, TV ads seem to focus on getting people travel deals by letting them know exactly what they are getting and what to expect. They also emphasized that if another customer booked the same hotel for less, they would get the difference back. This December, Orbitz introduced the new mobile website that is called “mobile steals” which offers customers up to 50% more savings if they use their mobile website or app. Since the number of people who book travel deals via mobile phones is low, this would be an excellent opportunity to test new apps like this one. (cc) photo by Metro Centric on Flickr Print Target Audience X Orbitz’s Audience include: (source- orbitz.com & comScore, Average June '10-June '11)

Competitive Analysis

Transcript: McDonald's Walk-up/Drive-up service eliminated waiting for food. Competitive Advantage Practices used by companies to secure the most appropriate suppliers of raw materials by evaluating price and availability of materials. An attempt by a seller to occupy a specific market. Ways in which a company can gain an advantage over a competitor using unique competitive practices. Thank You! http://www.forbes.com/sites/greatspeculations/2013/06/24/will-pepsicos-diversification-help-it-outperform-coca-cola/http://www.forbes.com/sites/greatspeculations/2013/06/24/will-pepsicos-diversification-help-it-outperform-coca-cola/ Measuring your strengths and weaknesses against your competitors In 2012, Coca Cola outperformed Pepsi commandeering a 42% of the market share for carbonated beverages leaving Pepsi with only 28% market share. Coca Cola holds 45% of the carbonated beverage market while Pepsi falls behind with a 28% market share. Executive Summary Market Analysis Company Description Management and Organization Marketing and Sales Management Product/Service Plan Operations Plan Financials Appendix Ways in which a company can gain an advantage over a competitor using unique tactics. http://www.forbes.com/sites/greatspeculations/2013/06/24/will-pepsicos-diversification-help-it-outperform-coca-cola/http://www.forbes.com/sites/greatspeculations/2013/06/24/will-pepsicos-diversification-help-it-outperform-coca-cola/ There are claims that Coca Cola's manufacturing facilities in India will someday deplete the fresh water sources for local farmers. The struggle between sellers to increase profits, gain market share and increase sales volume my manipulating the marketing mix. Business Plan Section Review Competitive Strategy Marketing Position Competitive Analysis The struggle between sellers to increase profits, gain market share and increase sales volume by manipulating elements of the marketing mix. http://scienceblogs.com/primatediaries/2010/03/11/coca-cola-in-india-good-till-t/ Competition An ideal position for a seller in a market where the seller's products or services have a higher perceived value. Volvo occupies the market for safety conscious drivers looking for a luxury car. McDonald's prices were lower than other competing fast-casual restaurants of the time. Sourcing

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