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case study
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National publishing Company
Analysis
Titli is in expected product levelIt is convenience goods
PLC stages
Titli is in Maturity stage of PLC
It should target cycle recycle or growth slump maturity
It is in growth stage of maturity when sales have started falling
Implication
If not tackled thoughtfully company would enter in stable and decaying of maturity stage and eventually go to declining stageCompany might have to shut down titli
Solutions
• Increase market size1. Extend to children Introduce mature content2. If not Co branding – Titli + another magazine for 13-15 years of age
solution
For 11-14 age group1. Parents Add academic quiz add GK and science stuff2. Children Introduce articles which they like Better packaging taking in mind 13-14 years age
Solutions
To tackle with children borrowing magazines have quiz or puzzles with form printed on magazine(form no ) to introdAlsouce competition and cash prize
For school stuff introduce extra offerings where tips from teachers, intelligent students, approach to solve past papers starting before 6 months of examination and continuing after
Introduce subscription based model for more customer loyalty