Case Study
Passage with linked questions
Case Set 1
Case AnalysisPassage
Sunrise Electronics Ltd. is a consumer electronics company that recently launched a new range of smart televisions. Before launching the product, the company conducted extensive research to understand consumer needs, identified its target market as urban households with monthly income above ₹50,000, and developed a product with features like voice control and internet streaming. The company priced the TV at ₹35,000 and made it available exclusively through its own showrooms in metropolitan cities. It also ran advertisements on national TV channels and in leading newspapers. The company believes that by satisfying customer needs better than competitors, it can maximise long-term profits. Post-sale, it provides a 2-year warranty and a dedicated helpline for customer support.
Question 1: Which marketing management philosophy is being followed by Sunrise Electronics Ltd.? State any two features of this philosophy.
- Sunrise Electronics is following the Marketing Concept.
- It focuses on identifying and satisfying customer needs better than competitors.
- It aims at profit maximisation through long-term customer satisfaction.
Question 2: Identify the elements of marketing mix used by Sunrise Electronics Ltd. in the passage.
- Product: Smart televisions with voice control and internet streaming features.
- Price: Priced at ₹35,000 targeting high-income urban households.
- Place: Available through company's own showrooms in metropolitan cities.
- Promotion: Advertisements on national TV channels and newspapers.
Question 3: The company offers a 2-year warranty and a customer helpline. Which function of marketing does this represent? Explain its importance in the marketing of consumer durable products.
- This represents the function of Customer Support Services.
- It aims at providing maximum satisfaction to customers after the sale is made.
- Customer support services are essential for consumer durables as such products may require technical assistance, repairs, and spare parts during their use.
- They help in building brand loyalty and encouraging repeat purchases.
- They also help in managing customer complaints and maintaining goodwill of the firm.