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. I would recommend the
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The BCG Matrix has a few different names. It is also called the Growth-Share Matrix‚ Portfolio Analysis‚ and The Boston Matrix. Management consultants at the Boston Consulting Group developed their matrix in the early 1970s. They designed it to help managers at large corporations decide which business units they should invest in Mindtools.com‚ 2014). So‚ which areas of the business deserve more resources and investment? The BCG Matrix consists of four categories based on the growth rate of the industry
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BCG Matrix Product Relative Market Share Market Growth Classification Note D 2 Leader 3% Low Cash Cow Generates more cash than needed to maintain business. Requires frequent “milking” and very little investment. A 3 Leader 20% High Star Requires a high level of funding to battle competitors and maintain growth rate. When industry slows‚ has potential to become cash cow if market share is retained. C 1 Co-Leader 25% High C 1 Co-Leader 25% High Question Mark Potential to gain market share and
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Sam (100235) Kong Feng Pei (100309) Wong Kit Wah (100437) Zhao Yu (103247) ____________________________________________________________ ________________________________________________________ Exercise 5 * SWOT Matrix SWOT analysis‚ or SWOT Matrix model is a useful method to analyze the competitive level of a company. When we want to analyze an internal environment of an organizational‚ we have to identify its strength (what an organization best in) and weaknesses (what an organization
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Loyalty Schemes Marketing Report By Sam Inkersell Table of Contents Introduction……………………………………………………………………………….……3 Fly Buys.……………………………………………………………………………………………4 Coffee Cards…………………………………………………………………………………….6 Return Reward Programme….……………………………………….…………………7 Conclusion……………………………………..………………………………………………..8 Reference List…………………………………….…………………………………………….8 Introduction The purpose of this report is to analyse three different loyalty programs in New Zealand and they benefits that they
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Beowulf focuses on the strengths in loyalty. The ideal presentation of loyalty is shown through the protagonist‚ Beowulf. Loyalty is one of Beowulf’s guiding virtues throughout the epic poem. Because he is such the ideal nobleman‚ the failure of others in the epic poem to be as great as Beowulf makes him seem more noble and faithful. Beowulf was always very loyal to all of his country‚ kingdom‚ king and subjects around him. With all of this and his courage‚ he was a model hero for what he was portrayed
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At the heart of Shakespeare’s polysemic tragedy Hamlet (1603) is the extent of Hamlet’s loyalty towards his father. His shifting identity within his world of realpolitik‚ as he fluctuates between absolutist filial duty and morally relative humanism impedes his revenge to an almost permanent state of inaction. The universality of these moral concerns are specifically epitomized within this extract‚ as the turning point which Hamlet utilizes to catalyse his agency. It is through Shakespeare’s incongruous
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In Homer’s epic poem‚ The Odyssey‚ friends and family of Odysseus show great loyalty to him. The loyalty can be seen through the commitment Penelope‚ faith of Odysseus’ servants‚ and his dog‚ Argos’‚ patience. The most loyal was Penelope. As his faithful wife‚ she waited twenty years for him to come home. With her brilliant trickery‚ she was able to fool the suitors long enough for Odysseus to return. When he arrives‚ she tells him‚ "I armed myself long ago against the frauds of men‚ imposters who
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Table of content The executive summary…………………………………………………….. 2 1. History of Ansoff Matrix.………………………………………………… 3 2. Introduction………………………………………………………………. . 3 3. Model Use and the Applicability………………………………………….. 5 3.1 Market Penetration…………………………………………........ 5 3.2 Market development…………………………………………….. 7 3.3 Product Development………………………………………….. .. 7 3.4 Diversification………………………………………………… … 9 4. The Advantages…………………………………………………………… 12 5. The Risks……….………………………………………………………
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consumers and the organisation (‚ 2006). This paper discusses the contributions of the Ansoff Matrix in strategic marketing management. There are different types of strategies used by business in identifying their market. There is the SWOT Analysis‚ in which it identifies the strengths‚ Weaknesses‚ Opportunities and Threats of the target market. Another is the BCG Product Portfolio Matrix which is used by businesses with multiple portfolios or product lines in examining the products
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