Launching an existing product to a new demographic area: strategic plans and system reconfiguration
Kazi Badrul Ahsan and
Mohammad Marufuzzaman
International Journal of Industrial and Systems Engineering, 2012, vol. 10, issue 1, 117-133
Abstract:
In this paper, a particular product is selected to analyse its current technical and marketing condition, and based on this, a suitable roadmap is presented to improve the market share of that product step by step to a new demographic area. This paper concentrated on system reconfiguration and has revealed all the critical points of improvement so that the profit will be greater than before satisfactorily. It will help not only the existing organisations to improve their market share, but also to contribute the new organisations in taking appropriate business plan for better competition and existence.
Keywords: market strategy; balancing efficiency; system reconfiguration; supply chain management; SCM performance measurement indices; market share; new demographic areas; product launch; business plans. (search for similar items in EconPapers)
Date: 2012
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Persistent link: https://EconPapers.repec.org/RePEc:ids:ijisen:v:10:y:2012:i:1:p:117-133
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