Nokia under Kairamo 1977-1988: Era of Growth Transformation from a paper and rubber concern to a major global electronics and telecom concern – RESTRUCTURING THE COMPANYS ORGANIZATION 1989 Nokia was influential in establishing the second generation network (2G) – allowed phones to work throughout Europe – INNOVATION / DIFFERENTIATION Nokias mergers and acquisitions activities – boosted revenues + adding valuable patents ‚ investments in R+D DIFFERENTIATION Nokia under Vuorilehto: Challenging Times
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Contemporary Marketing: NOKIA Nikolas Stavridis - 77094447 Shivam Parashar - 77154872 Hareshwer Saravanan - 77155974 Puneet Hooda - 77154871 Shivani Subramanian - 77152702 Masters of Business Administration Faculty of Business & Law Table of Contents Executive Summary 1. Introduction 2. Nokia’s Marketing Strategy 2.1. Why Nokia’s Marketing Strategy Failed? 2.1.1. Nokia’s Value Proposition (or lack of it) 2.1.2. Nokia’s
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Marketing Strategy for Nokia (a) Target customers and Products: The product I want to discuss this week is the phone of Nokia. Nokia is a mobile communication products multinational company‚ headquartered in Finland. Nokia occupied the world first of share of cell phone sales position by several years. There are 12 different series of phones are designed and produced by Nokia. Each series are for different targeted customers. For example‚ 3-series phone is more suited for young people.
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Part # 1 : Introduction 1.1 # Basic Information Regarding Nokia Company: Nokia is the world leader in mobility‚ driving the transformation and growth of the converging Internet and communications industries. It make a wide range of mobile devices with services and software that enable people to experience music‚ navigation‚ video‚ television‚ imaging‚ games‚ business mobility and more. Developing and growing our offering of consumer Internet services‚ as well as our enterprise solutions and software
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innovation paradigm. With whom‚ why and on what does Nokia collaborate on product development? Whom… Alliance‚ Competitors and Non-familiar partner Why… To create a market for a new product and set the standard for that particular technology. To collaborate with a local manufacturer in order to enter the mobile phone and network technology markets in China‚ Brazil and Australia as the local or national authorities or government required Nokia to nationalize their production facilities abroad. To
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Strategy: 1. Globalization 2. Restructuring 3. Adaptation 4. New Management II. Analysis Swot Analysis Strengths; 1. 2nd spot on market share for Q1 2013 2. 2nd spot on shipment 3. User friendly 4. Weakness: 1. Higher Price than China phones. 2. Limited service center especially in India 3. Less promotion 4. Poor sales Service Opportunities: 1. Developing countries like China‚ Bangladesh‚ India and Pakistan
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large target market‚ different mobile telecommunication companies have been trying to penetrate the markets to offer their latest innovative mobile products. One of the famous and successful mobile phone manufacturers in the world is Nokia. Like any other companies‚ Nokia has been able to use strategies and approaches to meet the needs and demands of their target market. It keeps being the leader in the mobile telecommunications relies on its plentiful experience‚ technology innovation‚ and scientific
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A great deal of focus is on effectiveness & efficiency of processes Substantial measurement and analysis of internal processes in order to become more effective and efficient Head office in Finland; R&D‚ production‚ sales‚ marketing activities around the world 3 553 emplo ees Strong R&D presence in 6 countries‚37 0 0 emplo ees in R&D (approximatel 30% of workforce‚ including Nokia Siemens Networks) Sales in over 60 countries Mobile Solutions Responsible for developing and
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Strategic Management: Principles and Practice Case study A: the Rise and Fall of Nokia Nokia appears to be the world’s leading mobile handset manufacturer from 1998 to 2011. For acquiring and keeping this position it has had many successful ideas. 1- What did Nokia do right? Innovation : Concerning R&D‚ Nokia took advantage of the efficiency of global manufacturing and produced worldwide volume to reduce high costs. In the 1970s‚ The company maintained research and development (R&D) investments
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Nokia Business Interests vs. German Pressure 1. What are the trends in the mobile handset Industry? What is Nokia’s strategy and how has globalization changed its way of operation? The major trends in the mobile hand set industry according to www.strandreports.com are the treat and possibilities of the Discount Mobile Service Providers‚ falling profit margins on basic mobile services as a result of competition‚ the use of outsourcing‚ controlled investments in infrastructure‚ and higher
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