What improvements could be made to change its current path

Assignment Help Business Management
Reference no: EM131478816

Assignment

Step 1: Product Life Cycle

Read the Product Report for Alikay Naturals Moisturizing Black Soap Shampoo. The Product Report contains important information that will help you to identify where the product stands in the Product Life Cycle and give you clues about what changes customers might like to see. Respond to Rochelle and her team at Alikay Naturals based on the information in the Product Report.

• Identify where Moisturizing Black Soap Shampoo is currently positioned in the product life cycle and describe the rationale for your position.

• Compose 3 questions that Rochelle should pose to her team to better understand the product's positioning and potential at this particular stage in its life cycle. (E.g., if you have determined the product is in the Introduction Phase, you might suggest the question: How have competitors priced similar products?)

Step 2: Product Changes

Based on what you've learned:

• What recommendation(s) do you have for Alikay Naturals to improve or replace Moisturizing Black Soap Shampoo?

Step 3: New Product Development

Read the New Product Proposal, which contains three examples of possible products that could be developed to replace Moisturizing Black Soap Shampoo. Based on the information in this proposal and the customer feedback in the Product Report:

• If you had to recommend one product, which product would you recommend they create? Explain your decision.

• Determine which type of innovation this represents from among the four main types discussed this week. Briefly explain why you chose that type of innovation.

Note: You should complete Step 4 after reading the material in Week 3

Step 4: Production Methods

Based on your understanding of Alikay's position in the product life cycle and expected sales volume:

• Which production method do you think Alikay is using for the Black Soap Shampoo? Explain your rationale.

• If Alikay chose to keep the Moisturizing Black Soap Shampoo and launch your recommended product as a ?limited time only? trial, what production method should Alikay use for the test market product? Why?

Step 5: Real-World Application

Choose a product at your company or one that you are familiar with that is in the mature stage of the product life cycle. Briefly describe the product, why you believe it is in this phase, and what improvements could be made to change its current path.

ASSIGNMENT

Product Development and Operations Category Manager Analysis

PRODUCT REPORT FOR ALIKAY NATURALS MOISTURIZING BLACK SOAP SHAMPOO

Product Description:

Finally, a way to get your hair and scalp truly clean with natural ingredients. Traditional cleansers tend to strip your hair of its natural moisture, leaving your scalp dry and itchy. This sulfate - free shampoo cleanses and moisturizes at the same time. Made from natural Raw Black Soap, it gets deep down into the scalp to remove product buildup. The tropically - scented blend contains a natural mix of Coco Seed Powder, Plantain Skins, and Tea Tree Oil to protect and moisturize the hair from scalp to root. No artificial thickening agents have been added, but don't be fooled by the watery texture. This shampoo gets the job done. This product is 100% natural and 100% organic.

Product Background:

The Moisturizing Black Soap Shampoo product was launched in 2014, with the majority of sales coming from national retail stores. The product has not undergone any significant changes or improvements, with the exception of its packaging.

Sales Report:


2015

2016


Q1

Q2

Q3

Q4

Q1

Q2

Units Sold

381,009

365,775

366,008

338,990

296,990

275,776

Revenue

$4,572,108

$4,389,300

$4,392,096

$4,067,880

$3,563,880

$3,309,312

Turnover(Avg. days on shelf)

3.1

2.9

3.2

3.6

3.9

4.1

Market Share (% of total discount retail store shampoo sales)

3.8%

3.7%

3.7%

3.4%

3.0%

2.8%

Reference no: EM131478816

Questions Cloud

What intermolecular force or bond : What intermolecular force or bond is primarily responsible for solubility of H2S in water?
Identify two trends in business information systems : Identify and discuss two trends in business information systems that you think will have a big impact on your organization's business model.
Describe the key characteristics of a whistleblower : Decide whether or not the whistleblower was justified in reporting the company's actions. Provide a rationale for your response.
Calculate the average spell of unemployment : Fill in two more rows of the table using the same approach as for the first two rows.
What improvements could be made to change its current path : Briefly describe the product, why you believe it is in this phase, and what improvements could be made to change its current path.
Calculate intra-industry trade index for rice and paintings : Access the U.S. TradeStats Express website at http://tse.export.gov/. Click on "National Trade Data" and then "Global Patterns of U.S. Merchandise Trade."
Characteristics of the social enterprise : develop a clear understanding of how social enterprises operate in order to achieve their social outcomes and organisational sustainability
Identify and communicate the primary objectives : Identify and communicate the primary objectives and fundamental principles of financial management and corporate financial decision making
Determine the company has introduced new products : Determine if the company has introduced new products in existing markets or created new markets over time. What is the impact on its finances?

Reviews

Write a Review

Business Management Questions & Answers

  Caselet on michael porter’s value chain management

The assignment in management is a two part assignment dealing 1.Theory of function of management. 2. Operations and Controlling.

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. Due to increase in the preference for light beer drinkers, Chris Prangel wants to introduce light beer version in Mountain Man. An analysis into the la..

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. An analysis into the launch of Mountain Man Light over the present Mountain Man Lager.

  Analysis of the case using the doing ethics technique

Analysis of the case using the Doing Ethics Technique (DET). Analysis of the ethical issue(s) from the perspective of an ICT professional, using the ACS Code of  Conduct and properly relating clauses from the ACS Code of Conduct to the ethical issue.

  Affiliations and partnerships

Affiliations and partnerships are frequently used to reach a larger local audience? Which options stand to avail for the Hotel manager and what problems do these pose.

  Innovation-friendly regulations

What influence (if any) can organizations exercise to encourage ‘innovation-friendly' regulations?

  Effect of regional and corporate cultural issues

Present your findings as a group powerpoint with an audio file. In addition individually write up your own conclusions as to the effects of regional cultural issues on the corporate organisational culture of this multinational company as it conducts ..

  Structure of business plan

This assignment shows a structure of business plan. The task is to write a business plane about a Diet Shop.

  Identify the purposes of different types of organisations

Identify the purposes of different types of organisations.

  Entrepreneur case study for analysis

Entrepreneur Case Study for Analysis. Analyze Robin Wolaner's suitability to be an entrepreneur

  Forecasting and business analysis

This problem requires you to apply your cross-sectional analysis skills to a real cross-sectional data set with the goal of answering a specific research question.

  Educational instructional leadership

Prepare a major handout on the key principles of instructional leadership

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd