Marketing Project. on Symphony
BRANDING STRATEGIES OF [pic]
MOBILE PHONE IN BANGLADESH
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Introduction
Marketing strategy of a company in a new country plays a vital role in determining its future in that country. SYMPHONY, a Chinese origin mobile phone which entered Bangladesh market in the year 2008 focused to capture the market with its low pricing; exclusive features and designs challenging the renowned existing brands that took hold of a large market share during that period. SYMPHONY adapted to the Bangladeshi conditions and with its wide range of promotional campaigns became successful to target mostly the low-end users who preferred more features at low prices rather than having known brands which sold for double the prices of Chinese origin sets but had less features. SYMPHONY developed an extensive distribution network to reach out to mass people all across the country. To discuss the branding strategies of SYMPHONY, we consider the simple concept of 4P’s namely product (customization), price, place (distribution) and production.
[pic]
MARKETING MIX
PRODUCT
Symphony Mobile Phone, one of the popular mobile phone brands in Bangladesh. Because of its unique propositions Symphony Mobile now occupies good position in Bangladesh mobile market according to market share.
Innovation and exclusive design clearly differentiate Symphony from other brands available in the market. The brand has launched the first ever branded dual sim phone in the country. Continuing with the same trend of delivering breakthrough products, Symphony Mobile launched X110, Bangladesh's first ever QWERTY keyboard phone with Track ball.
Product level:
The core:
Creating communications is the core value of SYMPHONY mobile phones.
The actual product:
Features: It offers attributes like dual sim; MP3/MP4, FM radio, GPRS,
MOBILE PHONE IN BANGLADESH
[pic]
[pic]
Introduction
Marketing strategy of a company in a new country plays a vital role in determining its future in that country. SYMPHONY, a Chinese origin mobile phone which entered Bangladesh market in the year 2008 focused to capture the market with its low pricing; exclusive features and designs challenging the renowned existing brands that took hold of a large market share during that period. SYMPHONY adapted to the Bangladeshi conditions and with its wide range of promotional campaigns became successful to target mostly the low-end users who preferred more features at low prices rather than having known brands which sold for double the prices of Chinese origin sets but had less features. SYMPHONY developed an extensive distribution network to reach out to mass people all across the country. To discuss the branding strategies of SYMPHONY, we consider the simple concept of 4P’s namely product (customization), price, place (distribution) and production.
[pic]
MARKETING MIX
PRODUCT
Symphony Mobile Phone, one of the popular mobile phone brands in Bangladesh. Because of its unique propositions Symphony Mobile now occupies good position in Bangladesh mobile market according to market share.
Innovation and exclusive design clearly differentiate Symphony from other brands available in the market. The brand has launched the first ever branded dual sim phone in the country. Continuing with the same trend of delivering breakthrough products, Symphony Mobile launched X110, Bangladesh's first ever QWERTY keyboard phone with Track ball.
Product level:
The core:
Creating communications is the core value of SYMPHONY mobile phones.
The actual product:
Features: It offers attributes like dual sim; MP3/MP4, FM radio, GPRS,