StratSim Automobile Industry Marketing Simulation Case Study
Todd Benschneider, Nadia Kaminskaya, Sam Mohammad
University of South Florida – Dr. James Stock
July 8, 2017
EXECUTIVE SUMMARY
Current Marketing Situation:
As the Stratsim Automobile Industry simulation began, the market was split equally into four firms A,B,D and our own firm C. Each company produced three products, an economy car, a family sedan and a pickup truck. All three market offerings were priced identically for each competing firm and each product began with identical features and marketing budgets.
At the close of the game, team D was spending $610 million to generate a 13.2% brand preference. In comparison, our team C led the game with a 43% consumer brand preference a similar with marketing expenditures of $690 million. These final round numbers tripled the opening round’s baseline marketing costs of $215 million for all teams.
Market Environment:
The auto industry is one…
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