Preview

Apple’s Marketing Strategy: a Life Long Relationship

Good Essays
Open Document
Open Document
585 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Apple’s Marketing Strategy: a Life Long Relationship
Apple’s Marketing Strategy: A Life Long Relationship * Include threats and opportunities * Provide your point of view on the company’s strategy
In today’s modern technology world, much of the population has heard of Apple Inc., the dominating computer hardware, software, and consumer electronics company. The company has had the distinct ability to encourage consumers to purchase an apple product, and then maintain that customers loyalty for years to come. But how is Apple able to create such loyal customers? Their products are innovative and easy to learn, but there is also a financial cost that many Americans are hesitant to invest in. Since 2009, Apple has been practicing five marketing tactics that “lock” customers in. As noted by Dan Tynan, writer of the article, Apple has five company and product characteristics that ensure loyal customers. These five traits are iPod and iTunes, iPhone and the App Store, Mac computers and the Mac OS, installed software an extra (sometimes unwanted) apps, and “shoes and spies.”
Apple is now a 35 year old company, and since its founding is has strategically chosed to limit consumer choice. This is odd because many Apple buyers don’t view Apple as being limited in possibility or product options. However, “as soon as [consumers] start buying stuff from Apple, [they] find it difficult to move to products made by someone else.” Dan Tyman describes Apple marketing in a very straightforward way- “The bottom line: Apple makes great products, but its marketing practices limit your choices and cost you more money.” Although this potentially sounds negative, many consumers are pleased with their purchases and commitment to the Apple brand. This loyalty may very well be company encouraged, but nonetheless consumers stick with Apple products over time.
Apple is most commonly known for its innovative line of iPod’s and its music library program called iTunes. Many consumers are drawn to an iPod’s music ability and

You May Also Find These Documents Helpful

  • Better Essays

    The company has two major hurdles that it continually must battle to be successful. The first is the rapid advancement of technology in a monopolistic competition. The second is the expectations of its customer base. There is a significant amount of competitors within this market that are constantly dueling to be cutting edge or have the latest technology. The other is the customer base and their requirements to have a product that satisfies their needs and wants for his or her everyday lives. The uniqueness that Apple has is that they are a luxury product maker and thus must provide a product that tips the scale and compels one to want to purchase such a product. Thus far, Apple clearly understands this dynamic and is doing very well and looks to be pulling…

    • 1713 Words
    • 7 Pages
    Better Essays
  • Satisfactory Essays

    Btec PE Coursework

    • 663 Words
    • 3 Pages

    The intended audience of “Apple” is people that just by products for the sake of brand name, although the apples products may be overpriced, they do offer a superior hardware and even a user interface. The apple brand name has now become a trend, and is seen as fashion accessories which may be one of the reasons many people purchase them.…

    • 663 Words
    • 3 Pages
    Satisfactory Essays
  • Better Essays

    Environmental Scan Paper

    • 1134 Words
    • 5 Pages

    The business environment of an organization reveals much about its competitiveness and the possible influences on the success of its strategies. The focus of this paper will be an environmental scan of the internal and external environments of two real-world firms, their competitive advantages and company strategies for creating value and sustaining competitiveness, measurement guidelines for verifying strategic effectiveness and their evaluation.…

    • 1134 Words
    • 5 Pages
    Better Essays
  • Good Essays

    Apple Ipad

    • 372 Words
    • 2 Pages

    Apple is one of the best known and widely used brands on the market. Any individual who goes for shopping does not necessarily end up buying products. There are several stages a consumer goes through before he finally picks up things available in the market. Buying an apple iPad can satisfy both psychological and functional need of a customer. For example the person can use it to relax with friends, and at same time conduct business on it, such as trading stocks. Functional needs pertain to the performance of a product and service while Psychological needs pertain to the personal gratification of consumer’s association with the product or service [Grewal & Levy, 2012]. A survey that was conducted on usage of ipad reveals that, there is 64% increase in usage of ipad than to computers. The more people play with the ipad, the more they like it, and the more they use it [2]. This clearly states that people are highly satisfied with the product and are willing to use it more than any other gadgets.…

    • 372 Words
    • 2 Pages
    Good Essays
  • Good Essays

    Apple came back from near extinction to become one of the most revered technology companies in recent memory. They achieved this status by developing innovative design products and pushing the limits of their marketing prowess. Apple is known for their ability to listen to consumers and revolutionize market segments by providing modern design laden and feature rich alternatives to the target markets. They employ strategies that might contradict normal convention by keeping their prices high to build a brand image of prestige and promote their products through word of mouth. The impact on marketing is hugely noticeable by other companies following suit with store models resembling Apple stores.…

    • 798 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Steve Jobs and Apple

    • 773 Words
    • 4 Pages

    Above all technological products available on the open market why it is that customers’ continually use apple products? What keeps customers constantly coming back for these amazing products? Most people that buy these technologically advanced. Products will stay it’s a popular name brand, it’s a dependable brand, and it’s technologically innovative. To my knowledge that is want sells, because everyone likes name brand things, and the primary reason you would buy this product is because you know it will be a dependable and technologically innovative, since everyone knows that Apple is one of a kind.…

    • 773 Words
    • 4 Pages
    Good Essays
  • Best Essays

    In 2003, Apple introduced the iTunes store, a digital store from where customers could legally download and purchase individual songs for $0.99 and entire albums for just $9.99 (2). At a time when music sales were starting to decline due to online piracy, Apple provided customers with a cheap and feasible option of buying music. The system saved customers the hassle of physically going to the store and buying expensive music while giving them a cheap alternative to downloading pirated material. This business model has started being adapted widely in the entertainment and software industry, and for consumers this has meant an expanding choice of cheap digital content.…

    • 4142 Words
    • 17 Pages
    Best Essays
  • Powerful Essays

    Apple Business Strategy

    • 1187 Words
    • 5 Pages

    1. High Price 2. Incompatibility with different OS 3. Patent infringements 4. Further changes in management 5. Defects of new products 6. Long-term gross margin decline…

    • 1187 Words
    • 5 Pages
    Powerful Essays
  • Better Essays

    Materialism isn’t necessarily a bad thing for society. According to an article in the Journal of Consumer Research, “Previous research finds that high levels of material values are negatively associated with subjective well‐being. However, relatively little is known about the relationship between materialism and well‐being within the broader context of an individual’s value system” (Burroughs 348). As Americans of the 21st century, we believe that consuming material goods and services will make us happy. This is perceived negatively by society, but since this increase in consumerism is fairly recent, it is hard to make conclusions on why this is happening. Many companies, along with technology, have contributed to the rise of materialism in the US and Apple is one them. By analyzing Apple’s marketing strategy, recent ad campaign, and success and failure of their promotions, people are buying more consumer goods now because they want to be entertained and want to make their life simpler.…

    • 1512 Words
    • 7 Pages
    Better Essays
  • Powerful Essays

    Apple Brand Equity

    • 1447 Words
    • 6 Pages

    In a recent interview with the author’s wife, she explains what brand loyalty means to her and why she is loyal to Apple computer products. To her, brand loyalty means that when purchasing a product, that particular brand is the preferred option. That being said, any smart consumer knows to compare products before purchasing. This fuels her brand loyalty to Apple as she is the owner of an iPhone, iPod and an Apple laptop clearly indicating which brand has won out. She is currently debating whether to purchase an iPad or a new Macbook.…

    • 1447 Words
    • 6 Pages
    Powerful Essays
  • Good Essays

    Often the more unknown things coming, the more people will want desperately to know the truth. "Curiosity killed the cat," said that this human nature, good people and enterprises to take advantage of this crowd and watch the mind, can you also can do that using low-cost publicity. For example, singer Faye Wong, the singer has a number of days after the amazing and ultra-loyal fans, and not to please her fans, her proud and independent, and often makes the…

    • 1049 Words
    • 5 Pages
    Good Essays
  • Good Essays

    Because of their marketing strategy, apple is able to provide valuable differentiation; they have captured the subsidy revenue stream for which a carrier would have normally paid to the handset manufactures anyway for “FREE” Phones.…

    • 647 Words
    • 3 Pages
    Good Essays
  • Better Essays

    Throughout history, Apple delivered to its customers complete computer solutions, including hardware, software, and peripherals that allowed consumers to simply “plug and play”. Apple’s target market could be split into: home users, small and medium sized business, corporate companies, education segment and young-creative individuals that prefer high-tech, eye-catching products.…

    • 1147 Words
    • 5 Pages
    Better Essays
  • Good Essays

    cutomer loyalty

    • 361 Words
    • 2 Pages

    Maintaining customer loyalty has also been a cornerstone in Apple’s success. Strong customer loyalty drives sales, sustainability, and growth especially in today's economy. Apple must continue to build and maintain excellent customer relationships to stay competitive. Customers are Apple’s greatest asset and it costs much less to retain a current customer than it does to acquire a new one. Therefore, Apple must achieve long-term loyalty to strengthen their market share.…

    • 361 Words
    • 2 Pages
    Good Essays
  • Good Essays

    Apple has been a very famous brand in the electronic industry these few decades, and it is due to many reasons, such as their creativity, user-friendly products, simple yet chic designs, great customer services, brilliant modification on existing products and that their designs and products are much ahead of their competitors. Among all these reasons, I believe great customer services is the factor the contributed the most to its success and helped Apple in keep a steady number of customers.…

    • 311 Words
    • 2 Pages
    Good Essays