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SOLUTION Marketing Simulation Managing Segments and Customers V3

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Get the Marketing Simulation Managing Segments and Customers V3 Case Study Solution and Analysis by Das Narayandas | Case ID: 8880. We guarantee that this case solution is 100% original, official, and not AI-generated. It is a plagiarism-free, complete, and well-structured solution, perfect for exam preparation, assignments, and research.

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8881
REVI SED: OCTO BER 3 , 2020




T EA CH ING NOT E


Marketing Simulation:
Managing Segments and Customers V3

,Table of Contents
Quick Facts............................................................................................................................................ 4

Key Information........................................................................................................................................4
Running the Simulation............................................................................................................................4
Learn More...............................................................................................................................................4
Getting Started............................................................................................................................................5
Teaching Note..............................................................................................................................................5
Overview..................................................................................................................................................5
Introduction..............................................................................................................................................5
Synopsis.................................................................................................................................................5
Teaching Objectives...............................................................................................................................6
The Student Experience...............................................................................................................................7
Overview..................................................................................................................................................7
Analyze Section.....................................................................................................................................8
Teaching Plan...............................................................................................................................................9
Suggested Uses.........................................................................................................................................9
Possible Team Play................................................................................................................................9
Introduction..............................................................................................................................................9
Sample Assignment Schedule..............................................................................................................10
Debrief the Simulation............................................................................................................................10
Assignment Questions.........................................................................................................................11
Classroom Discussion..........................................................................................................................11
Framework for Analysis.......................................................................................................................14
Design Principles Adopted in Developing the Simulation.......................................................................31

Technical Guide................................................................................................................................. 33

Adopting the Simulation and Enabling Student Access..........................................................................33
Help Resources....................................................................................................................................34
Simulation Overview..................................................................................................................................35
Student User Screens.............................................................................................................................35



HARVARD BUSINESS PUBLISHING | Marketing Simulation: Managing Segments and 2
Customers V3

, Prepare Page.......................................................................................................................................35
Tutorial................................................................................................................................................35
Analyze Section...................................................................................................................................36
News Tab.............................................................................................................................................44
Decide Page.........................................................................................................................................45
Results.................................................................................................................................................47
Leaderboard........................................................................................................................................48
Team Play............................................................................................................................................49
Facilitator User Screens..........................................................................................................................50
Simulation Setup.................................................................................................................................50
User Management................................................................................................................................52
Facilitator Materials............................................................................................................................53
Class Results.........................................................................................................................................53
Best Score............................................................................................................................................54
Market Position...................................................................................................................................55
Appendices................................................................................................................................................57
Appendix A: Prepare Text.......................................................................................................................57
Appendix B: Sample Simulation Results and Sensitivities........................................................................58
Appendix C: Student Decisions...............................................................................................................61
Appendix D: Model Decision Causality....................................................................................................62
Appendix E: Causal Diagram...................................................................................................................64
Appendix F: Model Decision Fields.........................................................................................................65
Appendix G: Endogenous News Field Entries.........................................................................................65
Appendix H: Calculation of Player Scores...............................................................................................66
Appendix I: Suggested Reading..............................................................................................................68
Appendix J: Release Notes......................................................................................................................69
Endnotes.................................................................................................................................................70




HARVARD BUSINESS PUBLISHING | Marketing Simulation: Managing Segments and 3
Customers V3

, QUICK FACTS TEACHING NOTE TECHNICAL GUIDE APPENDICES




Quick Facts
Key Information
Author HBS Professor Das Narayandas

Players/Scenarios/Roles Single player and team play, multiple scenarios

Asynchronous Play? Single player yes, team play no

In-Class or Out-of-Class Play Either

Teaching Points Channel conflict, customer acquisition, customer retention, customer satisfaction, market
planning strategy, market research, market segmentation, market share, pricing strategy,
profitability

Target Audience Advanced undergraduate, graduate, MBA marketing, or executive audiences where any of
the above subjects are taught

Accompanying/ Teaching Note, Dynamic Debrief Slides, Author Commentary, and Debrief Videos
Supplemental Material

Approximate Time Student Preparation: 5 minutes Simulation Play: 60 minutes
Required Debrief: 60 minutes


Running the Simulation
Technical specifications for this simulation can be found here: (A) Technical Specifications, (B) System Check. The typical steps
for setting up and running this simulation are as follows:
1. In the simulation setup tab, click “Set up a new run.” The class can play multiple runs of the simulation if the instructor
chooses.
2. Customize the simulation’s scenario and weighted measurements for your class needs.
3. Ensure all students are populated into the simulation. Students are assigned as individuals by default. If choosing
team play, go to the “Manage Teams” tab to populate the teams.
4. Open the simulation for play. When students are finished playing, begin the debrief.

See also: Technical Guide


Learn More
To learn more about this simulation, carefully review the Teaching Note and take advantage of any or all of the following
resources:
 Free trial  Webinar recording
 Simulation preview  Information sheet
 Instructional videos  Web tour


For these and other resources visit the Educator Copy: https://hbsp.harvard.edu/product/8880-HTM-ENG




HARVARD BUSINESS PUBLISHING | Marketing Simulation: Managing Segments and 4
Customers V3

Table of contents

  1. 01 Quick Facts 4
    1. Key Information 4
    2. Running the Simulation 4
    3. Learn More 4
  2. 02 Getting Started 5
  3. 03 Teaching Note 5
    1. Overview 5
    2. Introduction 5
    3. Synopsis 5
    4. Teaching Objectives 6
  4. 04 The Student Experience 7
    1. Overview 7
    2. Analyze Section 9
  5. 05 Teaching Plan 10
    1. Suggested Uses 10
    2. Possible Team Play 10
    3. Introduction 10
    4. Sample Assignment Schedule 12
    5. Debrief the Simulation 12
    6. Assignment Questions 13
    7. Classroom Discussion 13
    8. Plenary Discussion 13
    9. Detailed Analysis of the Results 14
    10. Summary of Key Lessons Learned 14
    11. Framework for Analysis 16
    12. Customer Segmentation 16
    13. Customer Response to Marketing and Sales Efforts 18
    14. The Competitive Landscape 22
    15. Evolution of the Product Strategy 22
    16. Elements of Account Management 28
    17. Managing Prices 29
    18. Sales-Force Expenditures 31
    19. Market Research, Integrated Communications, and Process Improvements 32
    20. Channel Conflict and Discount Structure 33
    21. Customer Satisfaction 35
    22. Design Principles Adopted in Developing the Simulation 36
  6. 06 Technical Guide 39
    1. Adopting the Simulation and Enabling Student Access 39
    2. STEP 1: ADD 39
    3. Add the simulation to a coursepack along with other HBP materials. 39
    4. STEP 2: PUBLISH 39
    5. Activate your coursepack to gain access to the simulation as a facilitator. 39
    6. STEP 3: DISTRIBUTE 39
    7. Distribute the coursepack link to students so they can enroll. 39
    8. STEP 4: CONFIGURE 40
    9. Configure the simulation for your class. 40
    10. Help Resources 40
    11. Tips to Optimize Computer Performance During a Simulation 40
  7. 07 Simulation Overview 41
    1. Student User Screens 41
    2. Prepare Page 41
    3. Tutorial 41
    4. Analyze Section 42
    5. Dashboard 42
    6. Prices 44
    7. Customer Purchases 44
    8. Sales 45
    9. Financials 46
    10. Research 46
    11. Performance 47
    12. Customer Satisfaction 48
    13. Sales Force 49
    14. News Tab 50
    15. Decide Page 51
    16. I-buttons 52
    17. Results 53
    18. Leaderboard 54
    19. Team Play 55
    20. Facilitator User Screens 56
    21. Simulation Setup 56
    22. User Management 58
    23. Facilitator Materials 59
    24. Class Results 59
    25. Best Score 60
    26. Market Position 61
  8. 08 Appendices 63
    1. Appendix A: Prepare Text 63
    2. Purchasing Criteria 63
    3. Customer Base 63
    4. Appendix B: Sample Simulation Results and Sensitivities 64
    5. Appendix C: Student Decisions 67
    6. Appendix D: Model Decision Causality 68
    7. Appendix E: Causal Diagram 71
    8. Appendix F: Model Decision Fields 72
    9. Appendix G: Endogenous News Field Entries 72
    10. Appendix H: Calculation of Player Scores 73
    11. Appendix I: Suggested Reading 75
    12. Appendix J: Release Notes 76
    13. Endnotes 77

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