Solstice Travel: Launching Into a Market With an Incumbent

Marketing
medium45 min0 submissions
BCG
Scenario

Solstice Travel is a growth-stage online travel business in Southeast Asia, preparing to launch a new product into an established category.

The category is dominated by an incumbent holding roughly 63% share. The addressable market is about $4647 M.

Candidate segments:

SegmentAddressable accountsShare expressing willingness to switch
Enterprise67266%
Mid-market5,58853%
SMB67,39311%

Constraints:

  • Planned list price: $5387 per account per year
  • Fully loaded cost of a field sales rep: $89 M per year
  • First-year launch budget: $31 M
  • The product is genuinely better on one dimension and worse on two

The founder wants to launch to all three segments simultaneously "to see what sticks".

Supporting data

market

tam
4647
incumbent share pct
63

segments

segmentaccountsswitch willingness pct
Enterprise67266
Mid-market558853
SMB6739311

economics

launch budget
31
loaded sales rep cost
89
list price per account
5387

derived hints

accounts per rep to break even
16522
Your task

Design the go-to-market. Your answer should provide:

  1. Analysis — which segment to enter first and why, sized with the numbers given.
  2. Risks — what your plan depends on, and what would make you change segment.
  3. Recommendation — a specific first segment, channel, price and success threshold.

State any assumptions you make.

Ready to move forward? Up next: Basil & Co: Build the Line or Keep Buying?Next question
How you'll be graded

100 points, 60% to pass.

  • positioning25
  • segmentation25
  • recommendation25
  • quantitative analysis25
Hint
Reveal suggested structure

Beachhead selection; switching motivation; GTM motion affordable at price point; staged expansion