Preview

SAMSUNG MARKETING MIX

Good Essays
Open Document
Open Document
947 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
SAMSUNG MARKETING MIX
EDWIN MWANGI GICHIMU 1026349
MARKETING MIX OF SAMSUNG
Samsung is a South Korean multinational company, founded by Lee Byung Chull, in the year 1938. It entered the electronics industry in the late 1960s. Since 1990s, Samsung has globalized its electronics, mainly mobile phones, which have become its major source of income. The Samsung galaxy series is one of the brand builders for Samsung and hence we will discussing the marketing mix of Samsung Galaxy.
Despite the competition from similar companies, Samsung is growing manifold globally. Samsung is a brand very common among the youth. Both, creative products and excellent service delivery provide a very personalized customer service. It presently has a strong hold on the market owing to its trusted performance in the last decade.
The reason Samsung has shot up in brand equity is the Samsung galaxy series and Android phones. Samsung Galaxy is a series of Android powered Smartphone designed, manufactured and marketed by Samsung Company. The Galaxy series are high-end Smartphone series that include the likes of Galaxy Note Series, Galaxy Tab series and Phablets, which come with added functionality of a stylus. Samsung has developed a very effective marketing strategy for its Samsung Galaxy series in order to compete effectively in the market.
PRODUCT
Samsung has a wide range of products from Televisions to washing machines and laptops. However, in the present market scenario, a major part is dominated by the Smart phone and in that, the Samsung Galaxy series. Samsung has launched a number of Smart Galaxy Series smart phones and tablets, which have been well received in the market. In fact, it can be described as among the best quality manufacturers of tablets and high-end Smartphone. By the end of 2014, Samsung has sold over 600 million cellular devices and also remains the largest manufacturer of Android driven devices covering 36% of the market.
To be on top Samsung comes up with a new model almost every month or

You May Also Find These Documents Helpful

  • Better Essays

    Samsung, established in 1938, is one of the world’s top 10 electronics companies and is known as an electronic leader in its industry ("Samsung.com", 1995-2014). Samsung has a commitment to cost effective processes, spearheading new platforms through innovative technologies, enriching people’s lives and maintaining its position as a “digital leader” ("Samsung.com", 1995-2014).…

    • 1531 Words
    • 4 Pages
    Better Essays
  • Good Essays

    Samsung is a force to be reckoned with to its competitors and a global brand name. However,…

    • 1043 Words
    • 5 Pages
    Good Essays
  • Better Essays

    In fact it has been able to obtain a large market share in the growing economies because of its low end products. Another key strength of Samsung is that most of its products can easily be integrated with various software’s. It is not so with Apple and its devices are generally not compatible with different operating systems. Apart from being known for its innovation and design, Samsung is well known for its relatively cheap products. Added to all this is Samsung’s global brand recognition. But apart from its strengths Samsung has some weaknesses also. Firstly, it is not as ahead in terms of software and hardware as Apple. It does not have either its specific operating system or software. It is a very important advantage for Apple and to become the number one in the industry Samsung would need to beat Apple. Apart from it, Samsung is focused on making too many products and its profit margins are also very low. Its competitors like Apple are the largest buyers for its electronic equipment’s…

    • 3440 Words
    • 14 Pages
    Better Essays
  • Better Essays

    Samsung is a South Korean company that was founded in 1938 and even though we know them mostly because of their advancements in technology, which is not where they started. During their early days they started in food processing, insurance, textiles, and many other ventures. It wasn’t until the late 1960’s that they finally started to deal with the electronic industry. When you now hear the name “Samsung” you think of electronics. Samsung has their hand in many things when we look at innovation and technology. They are currently involved in computer, smart phones, TV’s, computer chips, and many other new technologies. Over the last several years, Samsung has evolved into one of the top cell phone makers. They have even begun to threaten the top notch cell phone company, Apple. This competition leads us to take a look at the two companies.…

    • 4413 Words
    • 19 Pages
    Better Essays
  • Best Essays

    HRM587 Course Project

    • 2598 Words
    • 8 Pages

    Samsung Electronics was founded in 1969 in South Korea, it specified in the production line of home appliances and electronics. Samsung started its telecommunication division back in 1977 and created Samsung Mobile Sub Company in 1983. It is now very well-known for its smart phones that compete very well in the mobile market, however the story of change that the organization went through started back in 2009 when Samsung waited till they gathered as much information about operating systems for smart phones and studied very well its competitors. Samsung then launched their own operating system “Bada” which sold millions of smartphones from the very first month, and then they introduced the Galaxy S series of smartphones to the market which runs on Android Operating Systems.…

    • 2598 Words
    • 8 Pages
    Best Essays
  • Satisfactory Essays

    Samsung Marketing Plan

    • 350 Words
    • 2 Pages

    Samsung is a Korean company that has risen to prominence in many fields over the years. The size and the scope of the company is almost unimaginable, as they are one of the largest and most diverse companies in the world. While the company is mostly known for their technology division (cell phones, radios, MP3 players, computer screens, and the like) they have many other divisions as well. The company has expanded from a humble storefront launched in the late 1930s to the largest company in Korea and the second largest company in the world.…

    • 350 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Galaxy S4 Case Study

    • 311 Words
    • 2 Pages

    Samsung is a South Korean headquartered multinational company whose origins can be traced to 1969. Samsung Group has a diverse business portfolio which covers both consumer and business to business products. Samsung Electronics is its key subsidiary which is the world’s largest manufacturer of smartphones and televisions. The company became the world’s biggest manufacturer of smartphones in 2012 when it outsold Apple in the first quarter of the year selling more than 45 million smartphones. Whilst the company has focused on product innovation as its strategic thrust, it has also has a wide variety of smartphones than Apple. Whilst Apple launches one iPhone model per year, Samsung introduces more than 50 variations of Galaxy smartphones per year which explains its rapid growth in market share in the last three years.…

    • 311 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Samsung Marketing Mix

    • 507 Words
    • 3 Pages

    Also Samsung’s products are considered very popular amongst the working class as the Samsung galaxy S3 over took the iPhone 4s as the world’s bestselling smart phones according to the latest research from Strategy Analytics, which claims Samsung, shipped 18 million units of its flagship device in Q3, also because the s3 is so popular when Samsung bring out a new phone this will lead to repeat purchases, there next phone will be even better than the smart phones they have out now and this is what will entice customers to come back and buy another Samsung product.…

    • 507 Words
    • 3 Pages
    Satisfactory Essays
  • Powerful Essays

    Samsung Case Study

    • 2255 Words
    • 10 Pages

    Many consumers associated Samsung product with poor quality. To change this perception of its product the company initiated a process of restructuring with careful study and changes in the marketing mix as follows:…

    • 2255 Words
    • 10 Pages
    Powerful Essays
  • Powerful Essays

    phones, to music and movies “ He developed 7 key steps for success ! “…

    • 2471 Words
    • 10 Pages
    Powerful Essays
  • Powerful Essays

    From being a virtually unknown entity in the Year 1995, brand SAMSUNG today enjoys an awareness level of over 65% and a positive opinion of over 80% in the country today (source: BAS 2007). Initially, a player only in the Color Televisions segment, it later diversified into color monitors (1999) and refrigerators (2003). Today, it is recognized as one of the…

    • 3115 Words
    • 13 Pages
    Powerful Essays
  • Powerful Essays

    Samsung Case Study

    • 1283 Words
    • 6 Pages

    Samsung is very committed to research as they listen to the feedback on their new products/models. They also try to make sure consumers get maximum value for an affordable price.…

    • 1283 Words
    • 6 Pages
    Powerful Essays
  • Powerful Essays

    Marketing Plan

    • 4763 Words
    • 20 Pages

    1.1 Company Profile & Product Information Samsung is one of the world’s leading electronics companies which are world recognised by its quality products. Samsung’s portfolio consists of televisions, home appliances, mobile handsets, printers and many more. Samsung distributes its product through its authorized distributor and ensures their products to be in accordance based on procedures by their quality checks. In 2011, our net profit was 13.7 trillion won, due to the strong sales of smartphones comparing to previous year it declined of 15%. Revenue increased to 6.7%…

    • 4763 Words
    • 20 Pages
    Powerful Essays
  • Good Essays

    Since then, Samsung has grown to become one of the world's most famed electronics company, making name in field of digital appliances and media, semiconductors, memory, and system integration.…

    • 926 Words
    • 4 Pages
    Good Essays
  • Satisfactory Essays

    Back in 1994, Samsung's cell-phone quality was so poor that its CEO burned cheap models in a company bonfire. Today, it has the Galaxy S smartphone series, which touts state-of-the-art specs (1 GHz processor, 5-megapixel camera). It has sold more than 10 million units since its June debut and has helped edge Samsung closer to unseating Nokia as the world's top mobile-phone maker.…

    • 373 Words
    • 2 Pages
    Satisfactory Essays