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Marketing Analysis of Washburn Guitar

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Case Study of Washburn Guitars: How Much Is the Maya Worth? Introduction Background of Washburn guitar: “Some stories demand to be told. Others are simply content on being heard. Hearing through music, through lyrics, through a cultural revolution, this is the story of Washburn Guitars.” (the history of Washburn, 2009) The Washburn guitar company started making guitars in 1883 in Chicago. The factory would later be involved and located near a musical movement in Chicago in the 1920s. The history of Washburn Guitars is the history of a wide range of musicians, from blues players to emerging guitar virtuosos. It is a history that can be heard and experienced every time you turn on the radio or listen to a live performance. It is a history …show more content…

“Washburn really went above and beyond to make sure my guitars are to my exact specifications.” says Donegan. (Kurtz & L, 2008) Washburn is always making huge effort on its product by concentrating on every detail from the material to a single screw. Moreover, Washburn emphasis a lot on its high quality and brand image, regarding them as the key components in their advertisements. Therefore, on the one hand, Washburn guitar is completely in a non-price competition, for its quality-oriented image. On the other hand, non-price competition does not mean totally ignoring the price factor. As Gil Vasquez, the product manager put “We track quality and costs for everything in our production process to maximize the price and minimize the price…” (Kurtz & L, 2008) So Washburn takes the cost and price of its products into its consideration as well, and they are promise to give customers the finest quality at the best price. This is a reflection of Washburn is also taking part in the price competition by the ways of cutting its cost as possible as they can. Another reason to say why Washburn is also in price war is the fact that they come up with the low-priced guitar, which aims to satisfy different guitar users’ needs, but it turns out to be Washburn does this at the expense of their company’s image. Question 2: why does Kevin Lello say that the demand for good guitars is

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