Answered You can buy a ready-made answer or pick a professional tutor to order an original one.

QUESTION

A March 1, 2018 article in the Business Insider discusses the pending launch of a Brooklyn-based startup known as Light and its new product, the “Dumb Phone.” It is described as a “. . . minimal

1. A March 1, 2018 article in the Business Insider discusses the pending launch of a Brooklyn-based startup known as Light and its new product, the “Dumb Phone.” It is described as a “. . . minimalist phone that can do only a handful of things. The phone doesn’t have any apps. Instead it can make calls, send texts, handle simple directions, and set alarms. Light, the company behind the phone, wants to make a device that is used as little as possible to get people off their smartphones.” Assume that the “Dumb Phone” looks just like an iPhone X but will cost consumers about a third as much (for the phone as well as the service). According to Rogers, what characteristics of the “Dumb Phone” are likely to help its adoption by consumers or hurt it? Please identify a consumer market segment that you think would be best for Light to target, and discuss why you think so. Identify a consumer segment that you think will NOT be a good segment for Light to target, and explain why you think so. Assume the company has a budget of a few million dollars to advertise and promote the product. Please discuss key marketing actions the company should take in order to take advantage of the “Dumb Phone’s” characteristics likely to help its adoption by consumers, and to mitigate the influence of characteristics likely to hurt its adoption

2. Curio by Hilton is an upscale hotel brand within Hilton's portfolio. Curio Collection is a soft brand, meaning its hotels are supported by Hilton, but retain their own individual branding. Hilton selects independent hotels and resorts to be part of Curio Collection. Recently Curio did a brand health study among its core target segment, the “Luxury Seeking Millennials.” Curio estimates there are 10 MM millennials in its target segment. Data from the hotel’s central reservation system reveal that 1.1 MM millennials regularly stay at Curio hotels, and 1.4 MM have stayed at least once. The study suggests that millennials who stay at the hotels like the upscale look of the hotels, but a majority would like healthier menu options, and loaner shoes for use in gyms. Most millennials who stayed at the hotels made their reservations through online brokers like Expedia and Booking.com. The study asked a representative sample of millennials in the target segment if they had ever heard of Curio hotels or thought about staying at one of them. The results indicate that 2.5 MM are aware of the hotels, and 2.2MM have seriously considered staying at one of them. The customer satisfaction scores from the study suggest that all things considered 1.3 MM millennials are satisfied or very satisfied with their stays at Curio hotels.You lead marketing for Curio and have $1 MM in your marketing budget. What actions would you take to increase the number of stays at Curio hotels? Please be as specific as possible about your overall objective and your actions.

Show more
  • @
  • 5213 orders completed
ANSWER

Tutor has posted answer for $15.00. See answer's preview

$15.00

******

Click here to download attached files: Marketing. Revised (1).docx
or Buy custom answer
LEARN MORE EFFECTIVELY AND GET BETTER GRADES!
Ask a Question