Question
In 2005, the founders, Scott Struthers and Geoff Spencer, return from retirementto Sonance, the high-end audio company they founded in 1982, to wrestle with anumber
Discussion Questions:
1. Evaluate current strategic position and the options available to Sonance.
2. Which option should Sonance pursue: develop and promote the ultra-luxuryArchitectural Series? Focus on basic in-wall speakers for production homedevelopers and sell directly to the builders? Continue to pursue growththrough the direct-to-consumer retail strategy?
3. What should Ari Supran do to generate profitable and sustainable growth forthe company and sales momentum for Sonance’s products? Should he changeSonance’s marketing strategy to target consumers directly? target thedevelopers of production home developments? target architects and interiordesigners designing custom homes? try to win back the high-end custominstallers Sonance had lost under the previous management?
Step by Step Solution
3.50 Rating (147 Votes )
There are 3 Steps involved in it
Step: 1
1 The Sonance incorporation is following a sound and good strategic positioning of competitive advan...Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started