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Episode 0283

Summary

The audio is a presentation by Speaker 1 (Mr. Ford) about a new product, the X420 laptop, and its market potential and marketing campaign. He discusses untapped markets in Asia and other regions, target consumers (middle-class white-collar workers and students), and planned advertising through TV, radio, and computer publications. Two different speakers (Speaker 2 and Speaker 3) interrupt Mr. Ford during his presentation to ask questions regarding the product's price for students and the cost-effectiveness of a television campaign. Mr. Ford politely defers these questions to a later Q&A session.

00:00 00:00

Transcript (Click timestamp to jump)

00:06 Speaker 1

Now, as we've already discussed, there's a huge untapped market out there, both in Asia, in other developing markets, and in the more mature markets for us to push into.

00:15 Speaker 1

Now, of course, this represents an enormous challenge with enormous rewards for the winners.

00:20 Speaker 1

But for any new product, we need a great marketing message and marketing campaign.

00:25 Speaker 1

It needs to be directed and focused at our target consumer and needs to be pitched at exactly the right level.

00:31 Speaker 1

The question we must first address is, of course, who is our target consumer and secondly, what do they expect from the next generation Alpha laptop?

00:39 Speaker 1

Let's first of all tackle the first question.

00:41 Speaker 1

Our target consumer for the X420 is the middle-class white-collar worker with an above average income.

00:48 Speaker 1

However, as we mentioned before, the total number of computer owners is expanding rapidly and we need to broaden our audience for this product.

00:55 Speaker 1

For example, the X420 is also ideally suited to the younger student sector who might use laptops both for studying and gaming.

01:03 Speaker 1

There is no doubt that

01:04 Speaker 2

Mr. Ford, if I could just interrupt a moment.

01:07 Speaker 2

You say that the computer is suitable for students, but you don't think the price of the X420 is just too much for most students?

01:15 Speaker 1

Well, that's a fair point. If you don't mind, I'd like to tackle your question a little bit later in the Q&A section. Is that okay?

01:21 Speaker 2

Yes, sure.

01:22 Speaker 1

Okay. So as I was saying, we have an exciting campaign plan for the X420.

01:27 Speaker 1

Firstly, we'll have a nationwide television campaign, as well as advertising on radio, and also in many computer publications.

01:34 Speaker 1

We also intend to

01:35 Speaker 3

I'm sorry to stop you, Mr. Ford, but do you really think that a television campaign is cost-effective? I mean, how much is that going to cost?

01:43 Speaker 1

Well, I don't have the figures to hand, but I'd be happy to discuss those figures with you after the presentation.

01:48 Speaker 1

Okay, let me just go on and talk a little more about the exciting campaign we have in store.