The case
study is discuses about the foreign subsidiary case, and it discusses about the
atmosphere of the little
Vermont town of Burlington. This case study provides the overviews about
Napoleon Corporation and its financial situations. The operational strategies
and perspectives of the Oscar Lyne are explained in this case in explanative
manners along with the financial performance of the Napoleon Corporation. This
company has faced costly compensation and public embarrassment due to the weak
promotional planning in the subsidiary of the United Kingdom. The significant
facts that are discussed in the case study are related to the subsidiary
company named as; Trident Limited and its various particular dilemmas related
to weak promotional planning and operational planning. Oscar Lyne now required
a consultant in order to evaluate the performance and problems of Trident
Limited.
Statement of the consultant of Trident
Limited
As
a consultant of Trident Limited,
the situation which I have analyzed is that some wrong decisions have been
taken by the operating divisions related to the promotional planning.
It
is a major problem because the wrong decisions will lead the company to great
loss like the Trident company has faced and it is a problem because it has
created some serious situations for the company as well as the customers who
are buying the products from the Trident Limited, the company has made such
statements in order to get the attention of the customers and the statement
made by the trident company was such a big deal that it cannot be fulfilled.
This is a problem for the employees of the countries, the suppliers, and the
customers as well who are buying their product. It is a problem for the employs
in such terms that the employees have made such wrong decisions and has not
consulted it with anyone before implementing it, they launched a travel
promotion if the customers buy the products from the Trident Company in order
to get the travel tickets to travel to different countries suggested by the
Trident Limited.
Problem Analysis of consultant of Trident
Limited
It has been analyzed in this case that the
strategies of Trident Limited
are not established in a good way to fulfill customer needs. It cannot be
fulfilled as more customers can buy the products, and they can qualify for the
travel tickets, and then this will cause a problem for the employees and the
industry as well.
They
have to notify this problem before implementing any decision publically. And it
is a problem for the customer as they have spent many dollars buying the
products from Trident just in order to get the travel tickets. They have spent
so much money with such confidence that they will get the ticket in return, but
more than 200,000 people responded to the Trident Company and buy their
products and only 6000 people get the travel ticket. The ticket for other
customers was in progress, and this made an issue for the customers. They want
their money back or wanted a travel ticket, as they have spent so much money on
the products. If they didn't get the money or the travel ticket, the other
customers have lost their interest in the products of the Trident Company. The
Trident Limited have bare a great loss of almost $50 million. This has been a
problem for the employees working in the industry, the industry, and the
customers. All these are affected by just a single decision taken by the company
in order to attract the customers and to sell their products and gain profit,
but sometimes over efficiency and innovation leads to a big loss.
Evaluation of Alternative of consultant of
Trident Limited
The
alternative decisions can be made to avoid this loss and this great tragedy.
The Trident Company and all the employees and the operating divisors should
make a decision altogether before implementing a travel ticket on the purchase
of the Trident Limited.
·
Launching a travel promotion for UK travellers
Pros of consultant of Trident Limited
Ø
Increase in the customer attraction towards
purchasing tickets on discount
Ø
Increase in the sales growth of the company
Ø
Enhance the overall profitability of the company
Cons of consultant of Trident Limited
Ø
Decrease in customer satisfaction if failed to
implement properly
Ø
Excessive customer response towards promotion (more
than expectations) would cause issues
Ø
It will require the company to expense more cost
·
Introduce a lucky draw based ticket selling
system.
In
this alternative option, customers would be able to get the same deals on the
same ticket prices (as stated in the promotion) however, deals would be only
given to the selected customers after a lucky draw.
Pros of consultant of Trident Limited
Ø
The alternative is based on a clear selection
method which will reduce chances of conflicts between the company and its
customers
Ø
The
alternative will also limit the total number of winners to avail discount deal
from promotion
Ø
Customers who would not be selected in the lucky
draw would not be able to claim against the company thus the company's
reputation will remain safe
Cons of consultant of Trident Limited
Ø
It will result in a decrease in customer’s
attraction towards the offered deal because many customers will not focus on
this offer as they would consider that the probability of winning this deal is
limited.
Ø
Only 50,000 customers would enjoy this offer
Ø
Some customers might be disappointed due to they
were not selected on the lucky draws
·
Employs more expert marketers to create a proper
marketing promotion
Pros
Ø
With employing more expert marketers, they will
able to create a proper marketing promotion
Ø
The expert marketers will prevent the company
from making the same mistake and disappointing the customers
Ø
Those expert marketers will also enhance the
marketing strategy for the company to get more customers in the future
Cons
Ø
The expert marketers will demand a bigger salary
Ø
The expert marketers might be unable to convince
the customers who have already disappointed previously
Ø
The company will need to recruit expert
marketers who will demand the expense budget
·
Assign a
professional staff to manage this promotion
Pros
Ø
The assigned staff will make sure that there
will be no issue like this appear
Ø
The assigned staff will maintain the number of
travel tickets to be distributed and notify the company so that they would not
accept any payment from more customers
Ø
There will be no misinterpretation of the data
regarding how many customers who have bought the products and deserve to get
the travel tickets
Cons
Ø
The assigned staff might also perform some
mistakes around the distribution of tickets
Ø
The customers might complain only to this
assigned staff, and thus, he or she must have the proper knowledge to handle
the customers
Ø
The assigned staff might demand a high salary
Recommendation of consultant of Trident Limited
Introduce
a lucky draw based ticket selling system appears to be the best alternative
whereas, in this alternative option, the customers would be able to get the
same deals on same ticket prices (as stated in the promotion), however, deals
would be only given to the selected customers after a lucky draw. By doing
this, the customers will understand that the consequence of the lucky draw and
will not get angry or disappoint if they would not be selected to win the
travel tickets.
However,
the company still needs to revisit the plan frequently to add some changes or
to remove some things from the plan according to the response of the customer. Then
by revisiting the plan, you can update the plan according to the requirements
and choice of the customers, and this will be a benefit for the company, and it
can set its place again in the market. Resisting the plan and strategy is one major
thing to be done after implementing the strategy. This will reduce the risk in
the market, and the company will be more sustainable.
Implementation of consultant of Trident Limited
The
implementation of the strategy is one of the most important parts of any study,
if these strategies are implemented before executing any plan, then the plan
will be successful, and no flaws will occur in the plan. While the discussion
is related to the implementation of the strategy than it is necessary to
highlight the stakeholders of the company who are accountable in order to
implement the strategy.
Short Term
Plans
|
Long Term
Plans
|
Lucky draw
based ticket’s promotion
Time: 3
month
Action:
Trident
Limited will offer a lucky draw based ticket promotion system for the most
frequently visited tourist places or some selected destination of the
UK.
|
Offer 25%
off to regular customers
Time: 1
year
Action:
In this long term plan, Trident Limited will plan to provide at least 25% off in Christmas
and winter holidays to all their regular customers.
|