Levitt's Model - Lenovo Computers
-
Upload
sheikhrehmat -
Category
Business
-
view
642 -
download
1
description
Transcript of Levitt's Model - Lenovo Computers
![Page 1: Levitt's Model - Lenovo Computers](https://reader036.fdocuments.net/reader036/viewer/2022070304/54d9378d4a7959e7268b465b/html5/thumbnails/1.jpg)
Levitt’s ModelUrvashi Athavale
Saloni MehraQais Husein
Sheikh Rematullah
![Page 2: Levitt's Model - Lenovo Computers](https://reader036.fdocuments.net/reader036/viewer/2022070304/54d9378d4a7959e7268b465b/html5/thumbnails/2.jpg)
Levitt’s Model
Core Product
![Page 3: Levitt's Model - Lenovo Computers](https://reader036.fdocuments.net/reader036/viewer/2022070304/54d9378d4a7959e7268b465b/html5/thumbnails/3.jpg)
Lenovo is an engineered laptop for personal and business purposes
Core Level
![Page 4: Levitt's Model - Lenovo Computers](https://reader036.fdocuments.net/reader036/viewer/2022070304/54d9378d4a7959e7268b465b/html5/thumbnails/4.jpg)
Product Mix
Cooling system - Lenovo systems are built to lessen heat in critical areas
The fans are specially designed to run quietly with the least amount of power.
Less strain on the system's components, lower power consumption, and more comfort for the user handling the system.
Basic / Formal Level
![Page 5: Levitt's Model - Lenovo Computers](https://reader036.fdocuments.net/reader036/viewer/2022070304/54d9378d4a7959e7268b465b/html5/thumbnails/5.jpg)
Product Mix
Design - Lenovo has won more than 100 international awards for forward-thinking design.
Reliability - Notebooks pass 8 military specs for ruggedness under extreme hot, cold, humid, or dusty conditions.
Basic / Formal Level
![Page 6: Levitt's Model - Lenovo Computers](https://reader036.fdocuments.net/reader036/viewer/2022070304/54d9378d4a7959e7268b465b/html5/thumbnails/6.jpg)
Price Mix
Priced between INR 65,000 – 70,000
Costs almost the same as rival HP ENVY dv6
Performance almost same
Lenovo is for a power user whereas HP is a for a balanced user between basic office work and gaming and designing
Basic / Formal Level
![Page 7: Levitt's Model - Lenovo Computers](https://reader036.fdocuments.net/reader036/viewer/2022070304/54d9378d4a7959e7268b465b/html5/thumbnails/7.jpg)
Promotion Mix
Ad campaigns of Lenovo Ideapad - rugged vision; encourages real action.
HP Envy – Design, multimedia features, graphics
Basic / Formal Level
![Page 8: Levitt's Model - Lenovo Computers](https://reader036.fdocuments.net/reader036/viewer/2022070304/54d9378d4a7959e7268b465b/html5/thumbnails/8.jpg)
Place Mix
Both available at retail electronic stores
Lenovo is pushed by sales force (Exhibit Reliance Digital and Croma)
Basic / Formal Level
![Page 9: Levitt's Model - Lenovo Computers](https://reader036.fdocuments.net/reader036/viewer/2022070304/54d9378d4a7959e7268b465b/html5/thumbnails/9.jpg)
Thousands of support reps worldwide
Consistently ranked as a top provider of customer support in surveys.
Warranty Extensions available for periods of up to five years (product specific)
Augmented Level
![Page 10: Levitt's Model - Lenovo Computers](https://reader036.fdocuments.net/reader036/viewer/2022070304/54d9378d4a7959e7268b465b/html5/thumbnails/10.jpg)
Priority Technical Support - direct anytime-access to the right level of tech support on the first call
Faster problem resolution, maximized end user uptime and helpdesk productivity
Augmented Level
![Page 11: Levitt's Model - Lenovo Computers](https://reader036.fdocuments.net/reader036/viewer/2022070304/54d9378d4a7959e7268b465b/html5/thumbnails/11.jpg)
Accidental Damage Protection - ADP protects investment from operational or structural damage
Other options – Depot or Courier Service Onsite/In-Home Service, International Warranty Service
Augmented Level
![Page 12: Levitt's Model - Lenovo Computers](https://reader036.fdocuments.net/reader036/viewer/2022070304/54d9378d4a7959e7268b465b/html5/thumbnails/12.jpg)
Augmented Level
![Page 13: Levitt's Model - Lenovo Computers](https://reader036.fdocuments.net/reader036/viewer/2022070304/54d9378d4a7959e7268b465b/html5/thumbnails/13.jpg)
Potential Level
![Page 14: Levitt's Model - Lenovo Computers](https://reader036.fdocuments.net/reader036/viewer/2022070304/54d9378d4a7959e7268b465b/html5/thumbnails/14.jpg)
Potential Level
![Page 15: Levitt's Model - Lenovo Computers](https://reader036.fdocuments.net/reader036/viewer/2022070304/54d9378d4a7959e7268b465b/html5/thumbnails/15.jpg)
Potential Level
![Page 16: Levitt's Model - Lenovo Computers](https://reader036.fdocuments.net/reader036/viewer/2022070304/54d9378d4a7959e7268b465b/html5/thumbnails/16.jpg)
• Lenovo’s first TVC in India – “Grandma-proof” (2009)
• Message - “If this commercial is true, and you live alone with your grandmother, you will know which brand to buy.”
Driving Wheel – Promotion Mix
![Page 17: Levitt's Model - Lenovo Computers](https://reader036.fdocuments.net/reader036/viewer/2022070304/54d9378d4a7959e7268b465b/html5/thumbnails/17.jpg)
• The Doers Campaign –
• Launched new products with tagline - 'For those who do'.
• TVC described these ‘doers’ as significantly different from everybody else.
• Personality of Unique, rugged, action-oriented
Driving Wheel – Promotion Mix
![Page 18: Levitt's Model - Lenovo Computers](https://reader036.fdocuments.net/reader036/viewer/2022070304/54d9378d4a7959e7268b465b/html5/thumbnails/18.jpg)
• Ranbir Kapoor as Brand Ambassador
• Creating a young personality who are smart and can outsmart anyone.
• Also tied up with MTV to build youth centric personality further
• Tied up with Windows 8 to portray novelty and innovation
Driving Wheel – Promotion Mix
![Page 19: Levitt's Model - Lenovo Computers](https://reader036.fdocuments.net/reader036/viewer/2022070304/54d9378d4a7959e7268b465b/html5/thumbnails/19.jpg)
1 – Awareness • Initial ad talking about durability• Sales force emphasising on superior
features
2 – Comprehension• Lenovo = Action (Doers Campaign)
3 – Liking / Interest• Interest in endurance and taking initiative
Steps towards building Brand Equity
![Page 20: Levitt's Model - Lenovo Computers](https://reader036.fdocuments.net/reader036/viewer/2022070304/54d9378d4a7959e7268b465b/html5/thumbnails/20.jpg)
4 – Attitude/ Preference
Builds a favourable attitude amongst youth; Lenovo would be preferred for its power
5 – Repeat Purchase
Ensuring loyal customers and influencers and reinforcement through advertisements
Steps towards building Brand Equity
![Page 21: Levitt's Model - Lenovo Computers](https://reader036.fdocuments.net/reader036/viewer/2022070304/54d9378d4a7959e7268b465b/html5/thumbnails/21.jpg)
5 – Added Value
Building cult group amongst users. Sales force emphasising on services.
6 – Brand Advocate
Ranbir Kapoor – Advocating brand for the youth and budding personalities
Steps towards building Brand Equity
![Page 22: Levitt's Model - Lenovo Computers](https://reader036.fdocuments.net/reader036/viewer/2022070304/54d9378d4a7959e7268b465b/html5/thumbnails/22.jpg)
7 – Word of Mouth
Retweets and Reposts of users satisfied with Lenovo
8 – New Buyer
By attracting customers in the retail level. Placing the laptops on the right hand side of shelves, push by sales force
Steps towards building Brand Equity
![Page 23: Levitt's Model - Lenovo Computers](https://reader036.fdocuments.net/reader036/viewer/2022070304/54d9378d4a7959e7268b465b/html5/thumbnails/23.jpg)
8 – Loyalty
• Emphasis on 1 million facebook likes (Lenovo India)
• Customer service in constant touch with customers
• Providing technical help instantly• Dedicated twitter handle – Twitter Deals
(coupons)
Steps towards building Brand Equity
![Page 24: Levitt's Model - Lenovo Computers](https://reader036.fdocuments.net/reader036/viewer/2022070304/54d9378d4a7959e7268b465b/html5/thumbnails/24.jpg)
9 - Brand Equity
• Customer who has bought a Lenovo Laptop once, considers a different model of the same brand
• Is able to identify with the TG through various campaigns
• Is willing to pay higher price over rivals and is instant choice especially when features are similar
Steps towards building Brand Equity
![Page 25: Levitt's Model - Lenovo Computers](https://reader036.fdocuments.net/reader036/viewer/2022070304/54d9378d4a7959e7268b465b/html5/thumbnails/25.jpg)
Thank You