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POSITIONING STATEMENT (this is your elevator pitch) For: Who are dissatisfied with: Businessman, youngster etc Our product is: Smartphone with update technology. That provides: The services, applications, and connectivity. Unlike: We have assembled / We provide something that consumers talk, blog, and tweet about with passion.
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TECHNOLOGICAL UNCERTAINTIES
There is very high uncertainties in smartphone industry.
MARKET UNCERTAINTIES CHANGES IN BUYER KNOWLEDGE REQUIRED Through internet and electronic media buyer always educated by the new innovations and technology.
CHANGES IN BUYER BEHAVIOUR Buyer behavior influence by the electronic media thats why end user or customer wants the very up dated features in their smartphone.
MARKET EXTERNALITIES: INFRASTRUCTURE / COMPLEMENTARY REQUIREMENTS Enhance the technology with android 4G, 4Gs to fulfill customer needs.
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Financials
Strong background
Its a dramatic down fall from 12 660 million EUR to 9 274 million EUR. There are some quite high supply chain costs that Nokia are Currently paying. Not good at software Manufacture cost is rising
Manufacturing facilities Economies of scale Capacity Ability to deliver on time Technical and manufacturing skills Manufacturing costs
Threat of entry from new players, Microsoft might enter smartphones market. Google has just entered the market with Nexus One Can use its infrastructure business (Nokia Siemens Network) to
Marketing Assessment Worksheet Promotion Segmentation, targeting and positioning Technology Strong in hardware technology Excellent market performance with 37% market share Not very good in smart phone softwares Performance of Symbian OS is lackluster and weak market share in US reduce the bargaining power of mobile operators New joint venture with softwares companies. Improve the technology Huge loyal customer base. And improve the market share
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Market Performance/ Market Share/Customer Base etc. Organizational Companys leadership Management aspirations for the company Dedication and skill of workers Marketing Orientation Entrepreneurial orientation Flexibility and adaptability Staff relations/Administration skills Ability to respond to changing conditions Relationship with suppliers, middleperson abilities/Professional qualifications Technical qualifications Marketing knowledge Information management/Use of it Human Resource
Education (Industrial markets: Industry concentration / Mergers and acquisitions) Well educated. (masters etc) Occupation / Employment (Industrial markets: employment) Business and upper management Family Size / Life Cycle Family size is small and stands in upper middle or high class Urban / Rural / Suburban Mostly they live cities (Urban) Other geographic / location More than 150 ountries 2. Social trends (values, attitudes, life styles) Vary from segment to segment. 3. Economic trends
Marketing Assessment Worksheet Incomes More than Rs 50000 Economic Growth Yes Prices Near about Rs 45000 Savings / Credit
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5. Technology
Political Regulatory
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Product Lifecycle Product Adoption Stage 2. COMPETITORS Performance/ Trends Apple 1% Samsung 9.8% Sony Ericson 5.2% China mobile 4%
Marketing Assessment Worksheet upper class) High prices, loss of Steve jobs companies Smartphone prices are some expansive. Availability in few countries as compare Nokia Co-develop technology for handsets and DVBH standardization solutions(Nokia in April 2007) Ericson) Availability is very low in market
Key Weaknesses
Strategic Alliances
HP and Apple Partner to Deliver Digital Music Player and iTunes to HP Customers
3. CHANNELS What are the trends for distribution? How are channels changing?
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100% Durability
People use Nokia because they have believe on it. All over the world
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Purchase Motivations
Segment #1 Through Advertisemen t and usage of new technology in phones The big risk is new technology every day we hear about different mobile phones with extra features. Teenagers use phone roughly the advantage of nokia is that it is durable. Not easy in use Samsung and others
The big risk at this stage is durability because at this stage person has children and if they are playing with it is risky To entertain himself And by fulfilling basic business needs
Apple
Marketing Assessment Worksheet 2. Customers Purchase Decision Process Segment #1 Buyer when they have sufficient amount When they hear about particulars phone either in market or in friends. Listen from colleagues, Advertisement bill boards etc Segment #2 Segment #3
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Segment #4
Information Search Through internet, (what, where, advertisements and when, how, how asking from friends. much?)
Get information from Seniors or any other business who are using such type of phones
On internet
Product Evaluation beliefs about Both product benefits / costs value / importance of benefits / costs price sensitivity
Benefits
Benefits
Both Yes
Marketing Assessment Worksheet Customers Purchase Decision Process continued Purchase Decision Segment #1 Segment #2 Stage Product Choice To full basic To fulfill basic features like Wifi etc business needs. purchase Situation
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Segment #4
If phone fulfill the requirement. like in form of features If phone fulfill his requirements he tell others about it
repeat purchase
Yes
Yes
No Yes
loyalty
20-25 Both Middle class 10000-15000 Still getting education All areas
40-60 Normally Males Middle class 10000-15000 Retired from job Normally urban
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Demographics (Industrial mkts) Industry Company size, age Location Technologies Social/ Cultural
Cultural
Both
Values/ Lifestyle
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PRIMARY RESEARCH CUSTOMER NEEDS / MOTIVATIONS CUSTOMER DECISION PROCESS BENEFIT EVALUATIONS CONCEPT TESTS PROTOTYPE TESTS METHODS Surveys, Questionnaires QUALITATIVE To fulfill basic calling needs Repeat purchases if they satisfy and phone fulfill their basic needs Between durability and Satisfaction QUANTITATIVE N.A N.A N.A N.A N.A N.A
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Who are: Apple Who are: has positioned itself to a certain type of customer, wealthy Our product is: people, innovators, people with good jobs, good lifestyle etc Our product is:
One out of three mobile phones was made by Nokia In every series of Nokia there are large numbers of sets thus large variety
Customer needs satisfaction. Nokia gain brand personality and market shares of 35% because of its quality
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Marketing Assessment Worksheet 2. Total Product / Service Your Firm Product (# offerings) Nokia sets are of various designs such as flip sets, Flat sets, Slide sets, Sets with rotating Camera etc. APPLE Limited hand set in market SAMSUNG Try to introduce maximum hand set in market
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Q.Mobiles
Brand(s) Awareness / Salience Large brand awareness in market Nokia have strong brand association and durable hand set. Durable Apple has been building up a very big reputation and a very strong brand New technology etc. and high prices Strong awareness last two to three years. Great positive image in electronic products Smart and hand sum Increasing awareness in Rural area and low class Low price or china mobile
Associations / images
Feelings
Innovation, lifestyle
Style
Marketing Assessment Worksheet Product continued Core Benefits NOKIA Marketing is not about providing products or services it is essentially about providing changing benefits to the changing needs and demands of the customer. APPLE I Phone is a widescreen iPod with touch controls that shows off all your content including music, videos, podcasts and audio books on a beautiful 3.5 inch display. Sync content from the iTunes library on your Mac or PC IPhone have reliable hand sets Long life SAMSUNG It empowers you with everything you can ever desire so that you can simply, feel free. It is truly smart. ( Galaxy)
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Q.Mobail
Quality Reliability Consistency/ Durability Friendly User friendly People have trust on Nokia. Not very user friendly People have trust Not user friendly as compare Nokia People have trust Nokia is the name of reliability Long life hand sets Reliability Durable Not Reliable Not very durable hand set User friendly People have not trust on it
Trust
Credit / Financing
Not
Not
Not
Not
1year
1 year
1 year
Tele tech
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3. Pricing
Nokia Product / Service Price(s) SAMSUNG Competitor #3
Perceived Value
No
Marketing Assessment Worksheet 3. Distribution YOUR FIRM Channel Description Distribution Type Franchises and other private agencies. Franchises and other private agencies. Competitor #1 Competitor #2
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Competitor #3
Pull
Pull
Pull
Pull
4.
Marketing Assessment Worksheet Reminding/Tria Both l Creative idea New ides Reminding New ides Reminding Some time
Media (use / message) Print TV Radio Internet Direct Mail Bill boards Yes Yes Yes no No Yes No Yes No Bill boards Yes No Yes No Yes Yes Yes Yes No
Advertising / Communications continued Public Relations / Publicity T V advertisements, through print media world of mouth etc. Billboards, TV commercials,WOM etc. Billboards, TV commercials,WOM etc. Internet, Billboards etc.
Yes Yes No
Yes Yes No
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5.
Sales Force YOUR FIRM Competitor #1 The world's largest information technology company measured by 2011 revenues. Competitor #2 Sony is the fourth largest manufacturer of mobile phone in the world in 2009. Competitor #3 Apple has 357 retail outlet in 10 countries. its worldwide annual revenue in 2010 totalled $65 billion, growing to $108 billion in 2011. Apple has online training System to train their employees Across all over the world
Organization / Size
Training
Nokia has its own The Training plan of internal training Samsung are programs through Education this they train their planning employees and along Leadership with this they have training program for their Education Supplier training for promoted employees Global education Language education They set examples of good employees. They try to make employees creative in determining rewards Yes
Sony Ericson Train employees according to ethical standards and Compliance with Law. Currently they are providing training material For Supply Chain. Employees must follow the policies of company during and after training. They give group reward but individual initiative does not undermine. They also give one on one coaching. Yes
Motivation
They tell Employees about career path and then train them according to it. They provide good environment of work. Yes
Team support
yes
Relationship quality
Effectiveness
Yes by providing new technology and softwares. like new software to enable consolidated view of customer usage patterns and business performance
Yes because it is joint venture of two companies the skilled worker of both companies make company very effective.
Status symbol and hard work and motivation of Steve Jobs make apple more effective.