Preview

Lenovo

Powerful Essays
Open Document
Open Document
6296 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Lenovo
Planning Stage

1. SMART Objectives of the project

The report will be accomplished before 30th December, 2011. So I have fifteen week to do the research on Lenovo's promotion strategy in China and how these promotion strategy can bring benefits to the company or satisfy the customers’ needs.

2. Statement of Issues to be investigated

The issues to be investigated are to analyses the promotion strategy of Lenovo in Chinese market. Good promotion concerned with communicating information, concerning products and services and trying to persuade customer and market to try them.

3. Reasons for the choice of issue

➢ I know a lot about this topic

The issues I have investigated are the subjects, which are related to the topic, and to the units that I have learnt as part of Marketing That is a good way to checkup the knowledge that we learnt is related to the practice in company.

➢ Promotion is significant to a company

Promotion plays a major role and informative objective: Increase awareness, Explain how products work, Suggest new uses, Build company image.

➢ Promotion also important to a customer

It can remain customers that the product may be need and where to buy the product. Moreover maintain the customer awareness.

I have been taught a subject of " Marketing: An Introduction" which coded is DE3C 34

4. The business involved

I would like to choose Lenovo to be my investigation business organisation, the reasons are as follow:

➢ I experienced this brand

I used to be a loyal customer of Lenovo, and its becoming popular and strong, so that I'm interest in this company and want to learn more about it.

➢ Lenovo is well known in the PC market and easy to find the information

Lenovo is representative. Lenovo as a global leader in the PC market lenovo develop, manufacture

You May Also Find These Documents Helpful

  • Good Essays

    One of my favorite narrative is a movie called The Hungry Games. In this narrative movie there is a lot of problems all build up onto one big problem, but there is only one solution to it all. There is a lot of action and adventure that happens in order to solve the characters problem. The main problem is in order to save the village that each character lives in they have to fight against each other, and win the fight. The way they are chosen is each child in the village name is put into a jar however many times they go out to buy something. Once there name is selected or drawn from the jar they have to get sent away where they are to fight other children from different villages. On the ride to the arena they are persuaded with food, nice…

    • 781 Words
    • 4 Pages
    Good Essays
  • Better Essays

    The entire purpose of promoting products is to create awareness, persuade and inform customers about your product or service while identifying key features compared with competitive products. There are many benefits of performing successful promotion such as increasing sales and acquiring a greater market share, showing your products features and exposing competitive product’s flaws, teaching the market benefits of your product, explaining different usage of your product, conveying your brand image of your organisation and promoting new and improved features of your products.…

    • 1107 Words
    • 5 Pages
    Better Essays
  • Good Essays

    Lenovo’s suppliers and contractors on the assessment process, including: first, field trips, and its environmental management system and process control record; second, investigation of the supplier or contractor if the subcontractor compliance and meet environmental requirements of Lenovo; thirdly, requirements of its end-product introduction life, options, components and materials disposal. In order to ensure compliance with applicable laws and Lenovo to meet environmental requirements, its renovation, reproduction, the end product life cycle management, and hazardous waste disposal services outsourcing service provider, etc,…

    • 842 Words
    • 4 Pages
    Good Essays
  • Satisfactory Essays

    paper

    • 382 Words
    • 2 Pages

    This is where you discuss the characteristics and importance of the promotional strategies used for the product.…

    • 382 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Sample

    • 1874 Words
    • 9 Pages

    A. A global public network of computer networks that pass information from one to another using common computer protocols…

    • 1874 Words
    • 9 Pages
    Powerful Essays
  • Better Essays

    Acer Case Study

    • 1641 Words
    • 7 Pages

    Lenovo is anther global corporation that operates with centers of excellence versus a traditional headquarters model. The large centers of excellence are housed in the United States, China, and Singapore. Lenovo is very similar to Acer as they too manufacture desktop PC’s, laptop PC’s, tablets, monitors, servers, workstations, and accessories. The company’s long-term mission is to become the leading personal technology company in the world (Lenovo – About Lenovo, 2013). Lenovo is currently the second largest computer company, has over 26,000 employees, and sales of $21 billion dollars (Lenovo – About Lenovo, 2013).…

    • 1641 Words
    • 7 Pages
    Better Essays
  • Good Essays

    Lopez needs to design his marketing strategy based on four market research efforts – large scale study of the Chinese laptop consumer, detailed interviews with laptop users, results of the CLUES report and Project Compass. My recommendation is for Lopez to utilize each of these tools in varying quantities during different stages of his Segmentation, Targeting and Positioning (STP) strategy. The Shanghai report identified that China has developed huge income, education gaps and are seeking objects of higher status, technology and knowledge as differentiating points. Such status seeking trends imply that unlike in many other geographical areas around the world, price reduction will not assuredly result in increased sales. The Chinese market is already inundated with inexpensive (even knock off) and less trendy substitutes – a market which Vaio does not want to compete in. The action for Vaio is to continue producing Vaio as a premium, luxury product that represents innovation, trendiness, quality, and a symbol of status and style. As mentioned above, the needs and demand curves of the Chinese consumer are highly different from the rest of the world, hence I would recommend sparse use of the Compass survey and focus exclusively on the market segments identified by the CLUES report. The customer interviews once again dwelt upon the consumer’s placement of the laptop as a brand identity. Particularly of interest was the interviewees’ indifference to extraneous products and software, which were viewed as ‘marketing ploys’ and finally disabled or deleted. This implied that even though the laptop manufacturer provided the differentiating products as valuable add-ons, they were not causing the desired effect in the consumer. Vaio’s marketing strategy needs to develop proper positioning for each market segment and customize the product accordingly.…

    • 619 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    Lenovo Case Study

    • 1087 Words
    • 5 Pages

    After acquiring IBM, Lenovo achieved great benefits and became a well-known private computer brand in the global market, expecially in China. However, this company had to face with "stuck in the middle" when integrating IBM Corporation's PC division. The differences between two national cultures were the reason why that Lenovo failed in implementing strategies for Chinese market into US market. While the sales of private computers in greater China region in 2008 increased 12 percent in comparison to 2007, the sales in United States reported a 4-percent-decrease at the same period. This negative result led to doubts about the wisdom of Lenovo's acquisition. In addition, after market was opened to competition, this third- largest global personal computer manufacturer felt heat from foreign firms and the government started to purchase computers from Dell and other foreign competitors. These changes caused to certain disadvantages for Lenovo. While small vendors served the low-end market with generic competitors built from components of different brand, big brands such as Dell and HP served the big corporations. All of them are the reason that left Lenovo getting stuck in the middle.…

    • 1087 Words
    • 5 Pages
    Satisfactory Essays
  • Powerful Essays

    • Lenovo became a market leader in China with 27% market share and wanted to expand.…

    • 2635 Words
    • 11 Pages
    Powerful Essays
  • Powerful Essays

    Annual Report of Lenovo

    • 64042 Words
    • 257 Pages

    Lenovo (HKSE: 992) (ADR: LNVGY) develops, manufactures and markets high-quality, secure and easy-to-use technology products and services worldwide and is dedicated to building the world’s best-engineered personal computers. Formed by Lenovo Group’s acquisition of the former IBM Personal Computing Division, Lenovo’s heritage in both emerging and developed markets has resulted in a New World Company business model where ideas, operations and resources are borderless and mobile. With four operational hubs in Beijing, Raleigh, Singapore and Paris, Lenovo has major research centers in Yamato, Japan; Beijing, Shanghai and Shenzhen, China; and Raleigh, North Carolina.…

    • 64042 Words
    • 257 Pages
    Powerful Essays
  • Satisfactory Essays

    Lenovo Group Limited is a Chinese multinational computer technology corporation which was founded by eleven scientists in 1984.It develops and manufactures desktops and notebook personal computers, workstations, servers, storage drives, IT management software, and related services. Since 1996, Lenovo occupied 1th of Chinese market sales , and develop rapidly in recent years ,took 4th place of world`s computer sales.…

    • 547 Words
    • 3 Pages
    Satisfactory Essays
  • Good Essays

    Lenovo laptops have more than two competitors, however this report will only talk about two of the more distinctive laptop brands, Apple and HP.…

    • 838 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    Coke Imc

    • 3306 Words
    • 14 Pages

    Earlier the concept of having the right product at the right time in the right place right place was important to ensure the success of the product in the market. But in today's global competitive environment it still may not be enough to achieve the success.One needs to ensure effective communication with the target market, product and business in order to attain a prestigious position in the market. Promotion of a product is done to persuade customers to try a new product or an older product.…

    • 3306 Words
    • 14 Pages
    Powerful Essays
  • Best Essays

    Report on Redbull

    • 3095 Words
    • 13 Pages

    The purpose of promotion strategy is to convey the message about the knowledge and positioning of the products to customers and the promotion is used to remind people that their products are better than the competitors (Riley, 2012)…

    • 3095 Words
    • 13 Pages
    Best Essays
  • Better Essays

    Lenovo is a business that is built on product innovation, a highly efficient global supply chain and strong strategic execution. Its products range from exceptionally engineered laptops, ultrabooks, tablets, desktops and servers. It’s ThinkPad and IdeaPad that are the most popular among all of them. Lenovo’s systems are designed with extended battery life with up to 10 hours on some systems and with extended battery options that can last as long as 30 hours with the lithium ion technology. Smart air flow system allows the laptops to run cool which takes battery little power. Enhanced Windows 7 with Intel multi-core processors, One-key data recovery, ambient light sensor which automatically dims the system when not in use and VeriFace face recognition software for password login are among the few novel functional features that are available in Lenovo products.…

    • 1619 Words
    • 7 Pages
    Better Essays