Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Marketing Management Expert

CASE STUDY-  Chubb Security Systems

Chubb, an organization noted for its locks and security systems, developed a security product particularly suited to manufacturing organizations based in small factory units. Market research identified the specific target market for the product and the buying behaviour of that target.

A campaign was developed which focused on the decision-making unit (DMU).The DMU concept recognises that buying decisions are often the result of decisions affected by many people and not just the purchaser. The DMU is the group of people (or players) who are the most influential and involved in the purchase and the use of the product. Four key players are commonly identified: the buyer, the user, the specifier and the decider (although the DMU can be described in various other ways).

Research told Chubb that for their market there were, in fact, two key DMU players. One was the financial director who acted both in the capacity of decider and buyer. The other was the factory manager who acted in the capacity of specifier and user. In other words, the financial director would make the final decision about the security system to buy, and then actually be responsible for the purchase contract. The factory manager would influence the purchase be specifying the type of system required and be responsible for its use. The combined efforts of these two players would dictate whether a purchase would be made and, if so, which systems would be shortlisted and eventually purchased. Marketing communications targeted on only one or the other of the players would represent missed opportunities to maximize sales.

The industrial sales force has long known the value of identifying multiple points of contact within customer organisations. Users of the other elements of the marketing communications mix sometimes fail to do so. Chubb recognised the potential. They did not send single, general communications to their potential organizations customers. Chubb's campaign focused on two people within each organization. And it did so in an interesting and creative way. Small metal moneyboxes were purchased into which were put coins and information leaflets. Each moneybox had a lid, a lock and a key. A locked moneybox and a covering letter was sent to the finance director of each of the potential customer organisations. At the same time, a letter with a key was sent to the factory manager of each organization. In all cases, research had identified the names of each recipient so that the mailing was carefully targeted and personalised.

The covering letters, which gave no details of the product being promoted, requested that each finance director should contact the factory manager and that each factory manager should contact the finance director. In this novel way, members of the DMU were invited to get together to discuss what their mailings were about. Only after coming together were they able to discover the contents of the moneybox and the Chubb security system being offered. Why were coins put into the moneyboxes? Simply to ensure that the moneyboxes rattled. In this way they were more intriguing. The campaign was a success-it was an award winner. To the delight of the
company, sales targets were not only met, they were exceeded.

Question 1:

What marketing and communications elements have been used by Chubb, for its campaign to be a success?

Question 2:

You a newly-appointed marketing executive at Chubb and have been assigned the responsibility of devising marketing communications strategies, to ensure the future long-term success of the company's product. Discuss how you will proceed.

Marketing Management, Management Studies

  • Category:- Marketing Management
  • Reference No.:- M9589547

Have any Question?


Related Questions in Marketing Management

Assignment detailsassignment descriptionprimary task

Assignment Details Assignment Description Primary Task Response: Within the Discussion Board area, write 300-500 words that respond to the following questions with your thoughts, ideas, and comments. This will be the fou ...

Question the consumer and business marketscenario

Question: The Consumer and Business Market Scenario Marketing As the marketing manager of a major franchise, your job will be to perform the daily tasks of a marketing manager. Select one of the franchise companies below ...

Question why is working capital management importantsome

Question: Why is working capital management important? Some discussion driving points: - What is the equation for NWC? - What are the components that working capital is made up of? - Do you need more working capital as y ...

Question assignment instructionswe are once again going to

Question: Assignment Instructions We are, once again, going to focus this information on a specific area...Marketing. Please read all of the articles provided in the lesson section for this week to give you a good idea o ...

Question select a product or service to target post the

Question: Select a product or service to target. Post the product name, the manufacturer's name, and your reasons for choosing it. Prepare a 2-3 page marketing environmental analysis that explains how the appropriate tre ...

Question discuss the role of demographics in relationship

Question: Discuss the role of demographics in relationship to integrated marketing communications. The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format. Inst ...

Assignment objectives- demonstrate an understanding of

Assignment Objectives - Demonstrate an understanding of qualitative, quantitative, mixed and action research methods Assignment Description Primary Task:   Within the Discussion Board area, write 200-300 words that respo ...

Question read the worddoc first and answer those following

Question: Read the word.doc first and answer those following question 1. Provide a list of at least five pieces of information that airlines have about their customers, and for each, explain how that information might he ...

Question a explain the differences between legal and

Question: (a) Explain the differences between legal and ethical behavior in marketing. Identify factors that influence ethical and unethical marketing decisions. (b) What do you think about companies incorporating social ...

Question suppose that for the price 250 the demand for

Question: Suppose that for the price $250 the demand for plane tickets for the "economy" class is 800, while the demand for "business" class is 600. While for the price $260 these demands the economy and business class a ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As