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SAMSUNG BANGLADESH
ASSIGNED BY:
MEHNAAZ SAMANTHA KAMAL
ASSIGNED TO:
RAISA RAHMAN- 1310625630
SHAH AMANAT- 1420133020
MD MOSTOFA RAHMAN- 1620833630
MAHMUD HASAN HRIDOY- 1610755030
Major Competitors
Strategic Analysis
Swot Analysis
- Strength
1. It has a strong brand name and also known for
its better innovation and unique design.
2. Has a superior technology and also known as the
technological leader for its technology.
3. Production cost is considerably low.
4. Offers a wide range and varieties models of phones
for every price range and therefore their sales increases. Galaxy series is one of the
popular series offered by Samsung and it is available in almost all of the price ranges.
Strategic Analysis
-Weakness
1. Focuses on two many models and series of phone
so there are less variations in the design.
2. Losing its market share in Bangladesh and now
a days it holds less than 10% entire market share
in Bangladesh.
3. Sales have been decline because many complaints
have been registered about them for misconduct.
4. The profit margin also become low.
Strategic Analysis
-Opportunities
1. Mobile market of Bangladesh is still
booming so it has the opportunity
to capture the mobile market.
2. As known as one of the technological leader
it has the opportunity to empower the
technological advancement of mass number of people.
3. Regarded as the number one android phone manufacturer
and for this accepted by a large number of people
Strategic Analysis
-Threats
1. So many competitors and numerous niches
in the market so Samsung has the pressure
to set the price as low as possible.
2. In Bangladesh the competition is huge
as there are many local companies which
are offering phones in way more lower price
so it has the threat to lose its buyers.
3. Higher import duties are also considered as a threat.
4. Bangladesh is a developing country so Samsung is not able to deliver its charm
and excellence in full extent as most of its technologies are being unadoptable.
Strategic Analysis
Product Market Expansion Grid (Ansoff Matrix)
Market penetration:
Market penetration strategy done by Samsung when they increased the
advertisement or change the outlook of the stores that they have. In Bangladesh
Samsung gave a Big Win offer on buying its different smart phones with various
new prices.
Strategic Analysis
Product Development
Samsung is gradually offering new styles, sizes, colors or modified products such
as Samsung Galaxy S6, Samsung Galaxy S7 Edge, Samsung Galaxy S8, Samsung
Galaxy S8+. Samsung and Grameen phone has brought the Galaxy S8 and S8+ in
Bangladesh which is product development strategy of Samsung.
Strategic Analysis
Market Development
Samsung had market development by opening stores outside of Dhaka. They have
store in Bogra, Barisal, Brahmanbaria, Chittagong, Comilla, Feni, Jessore, Khulna,
Kushtia, Narayanganj, Rajshahi, Rangpur, Savar, Sylhet.
Diversification
Samsung has adopted the diversification strategy and apart from mobile phones it
has other businesses to like televisions, tablets, digital cameras, refrigerators,
semiconductors and so on.
Conclusion
Samsung is one of the most successful and leading mobile phone company
throughout the world. In Bangladesh it is also doing good and gained much
popularity. The mobile phone industry of Bangladesh is still booming and there
are a lot opportunities for Samsung to become the market leader in Bangladesh.
The strategies that has been implemented by Samsung in our country is according
to our countries perspective. Bangladesh is a developing country so by
considering the price range they are offering different categories of phones so
that they can be able to attract most of the buyers. However in Bangladesh the
mobile phone market is very competitive where there are many other mobile
phone companies which are available in a very cheap and affordable price and
also attracting a large scale of buyers. Regardless of this a large number of buyers
are still using Samsung and they did not failed to attract new buyers also because
of their strong customer driven marketing strategies.