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Marketing Management MM8 QUESTION 2 (20 Marks) Zuru has leveraged its expertise in disruptive inn

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Marketing Management MM8 QUESTION 2 (20 Marks) Zuru has leveraged its expertise in disruptive innovation to enter the fast-moving consumer goods (FMCG) sector through Zuru Edge, launching Monday Haircare. Using Igor Ansoff’s Growth Matrix, critically evaluate the strategic options available for Zuru’s market expansion. Discuss the risks and opportunities associated with each strategy.

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Table of Contents

QUESTION 1 (20 Marks) ........................................................................................... 4


Assessing the Strategic Impact of “Monday Haircare” as a Brand Name ................... 5


Memorability: Simplicity Driving Consumer Recall ..................................................... 5


Meaningfulness: Emotional and Experiential Value ................................................... 6


Distinctiveness: Standing Out in a Crowded Market .................................................. 6


Extendability: Flexibility for Brand Growth .................................................................. 6


Relevance: Aligning with Modern Consumer Expectations ........................................ 7


Conclusion ................................................................................................................. 7


QUESTION 3 [60 MARKS] (20 Marks) ....................................................................... 8


Product Differentiation ................................................................................................ 8


Services Differentiation .............................................................................................. 9


Channel Differentiation ............................................................................................... 9


Image Differentiation ................................................................................................ 10


Creating a Unique Value Proposition ....................................................................... 10


Implementing the Strategy ....................................................................................... 11




Educating the world for a better change

Connected book
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Dawn Iacobucci Marketing Management
Publisher: 2021 ISBN: 9780357635087 Edition: Unknown

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