was ditching classes to sell homemade PCs out of his University of Texas dorm room. Michael Dell was the scrappy underdog‚ fighting for his company’s life against the likes of IBM and Compaq Computer Corp. with a direct-sales model that people thought was plain nuts. Now‚ Michael Dell is worth $17 billion‚ while his 40‚000-employee company is about to top $40 billion in sales. Yet he continues to manage Dell with the urgency and determination of a college kid with his back to the wall. "I still think
Premium Marketing Computer Personal computer
everything a computer needed. As the industry grew‚ more specialized companies developed to produce specific components. It¡¦s a pretty simple strategy‚ but at that time it went against the dominant. In Traditional Business Model we can use following flows to describe the relationship beyond different partners and the information flow and physical goods also follow the same route. Ü Suppliers > Manufacturer > Distributors > Customers In Dell Business Model The direct model has allowed Dell to leverage
Premium Supply chain management terms Supply chain Customer service
to introduce something new to your customers. Dell fits this description perfectly. Dell sits at the forefront of the computer industry and exemplifies this innovative approach in its functions of management. As noted in the other factors discussed within this paper‚ the management functions of planning‚ organizing‚ leading and controlling all exemplify the innovative approach of Dell. We all try to live by some type of golden rule. The way Dell incorporates their version of the golden rule
Premium Management
[pic] [pic] [pic] [pic] INTRODUCTION Marketing is an integrated communications-based process through which individuals and communities discover that existing and newly-identified needs and wants may be satisfied by the products and services of others. Perhaps the most important factor in successful marketing is marketing plan. A marketing plan is a written document that details the necessary actions to achieve one or more marketing objectives. It can be for a product or service‚ a brand‚ or
Premium Marketing
Dell Promotion Objectives Dell’s sales promotion strategies are depended on the different type of consumers such as loyal customers‚ competitor’s customers‚ Brand switchers‚ and prize buyers. A repeated purchase which is the sales promotion objective is very important for any company to reach their goal. Dell offers its customers an option to purchase on internet and to contact Dell employees if they have any problems or questions. . Internet is the most efficient
Premium Sales Customer service Marketing
1. What are the key differentiators that made Dell’s supply chain strategy so effective for nearly two decades. Dell operates by an on-line business model equipped with mass customized manufacturing which provides instant web communication protocol with customers at anytime and anywhere. Customers able to compose their own configuration from order list and free from bounding with fixed configuration. All packages are made upon request with no finished goods available‚ there is no depreciation
Premium Supply and demand Supply chain management Supply chain
and describe the business model used by Dell. 2 Explain the different types of EC transactions used by Dell. 6 Analyze the competitive advantages Dell has over its brick and mortar competitors. 10 Relate this case study to supply chain management improvements 12 References 14 (Words: 2800 approx.) Identify and describe the business model used by Dell. 1. Online direct marketing model Dell implemented an aggressive online marketing and offered competitive price through
Premium Marketing
I n t r o d u c t i o n t o M a r k e t i n g B u s i n e s s 1 2 0 A marketing plan focusing on Sony’s Playstation 3. Marketing Plan: Sony Playstation 3 2 Executive Summary This marketing plan is looking at Sony’s Playstation 3 (PS3). This powerful piece of hardware is the cutting edge of gaming entertainment. The PS3 has been out for a little over a year‚ and in that time‚ it has proved to be a hardcore gamers dream. Sony got into the console gaming market in late 1994. The concept
Premium Blu-ray Disc
The background and history of Dell began in 1984 with Michael Dell as the founder which has been known as the most innovative entrepreneur for marketing computers. Dell began his adventure with computers in 1983 by selling PC components out of his college dorm room at the University of Texas. He bought RAM chips and disk drives for IBM PCs at cost from dealers and resold them in newspaper and magazine ads for 10-15 percent below regular cost. One year later he was already running sales of $ 80‚000
Premium Personal computer
DELL ONLINE V. KASTURl RANGAN and MARIE BELL are with Harvard Business School. Y. K a s t u r i Marie Rangan Bell Professor V. Kasturi Rangan and Research Associate Marie Bell prepared this case as the basis for class discussion rather than to illustrate either effective or ineffective handling of an administrative situation. Certain facts and data in the case have been disguised. Copyright © 1998 by the President and Fellows of Harvard College. To order copies or request
Premium Sales Dell Marketing