I am writing a paper regarding the new merger between XM Radio and Satellite Radio. I need to come up with a marketing plan and I am having some problems with the following areas. I am supposed to be a CEO/CMO.
Question 1: Who uses our product and how do we create value? how is it measureable?
Question 2: What is the life time value of our customers. What can we do in terms of customer acquisition and retention?
Question 3: What is our Net Marketing Contribution and each of its components?
Question 4: How do adoption forces, both customer and product, affect the adoption rate for our services? What can we do about them?
Question 5: Should we keep the Sirius brand? Or XM? Combine them? Launch a completely new one?
Question 6: What should the price be? and should we do add ons.