especially in this market. Nokia has created an established brand name for them internationally and this makes it hard for new entrants to compete. 5. Big firms may retaliate and try to prevent companies from entering the market by giving out special deals or lowering price to the point where it is not viable for new entrants to compete. 6. Patents also limit innovation and this will potentially deter new entrants. 7. Due to the size of the big firms such as Nokia‚ they will have an advantage
Premium Mobile phone Smartphone Bluetooth
High-Tech marketing. Sustainable innovation- Nokia case study Introduction: The technology offers a promise of a better world through the improvements in standards of living. On the other hand‚ resource extraction‚ emissions of dangerous materials‚ and pollution of air‚ water‚ and soil have created conditions for environmental catastrophe and have already caused irreversible damage to the Earth. That is why in last few years‚ companies started focusing on an eco-innovation. Eco-innovation
Premium Nokia Mobile phone Smartphone
A PROJECT REPORT ON NOKIA CONTENTS * EXECUTIVE SUMMARY * INTRODUCTION * HISTORY * ANALYSIS * 4 P’S CONCEPT * PEST ANALYSIS * STP ANALYSIS * LOOPHOLES * RECOMMENDATION * CONCLUSION EXECUTIVE SUMMARY This project report analyses the marketing mix‚ PEST analysis and STP analysis of Nokia. Nokia has adopted excellent techniques to influence a consumer‚ the prices of their phones are reasonable. Almost
Premium Nokia
minimization in market share is because of its old culture which hasn’t changed with time. If we look at their product range we understand that Nokia had almost everything to be still world leader in phone industry‚ however they lost because of weak culture where every little or big thing had to go through extensive approvals. From the developments at Nokia it seems they were pioneer in smart phones as well as
Premium Smartphone Organizational structure Mobile phone
supplier? Answer: The SWOT strategy is one of the most useful tools in analysing data and information from the company. By using this SWOT tool‚ company will know itself clearly that which part is powerful‚ what to improve‚ what more can do and what to challenge. In my opinion‚ Threats is the most important overall because if there is no threats any more‚ companies will not be worried about the quantity of sales. For example‚ NOKIA (mobile phone)‚ if there is just NOKIA mobile exist in the mobile
Premium Mobile phone Corporation
Unit Title PROMOTIONAL ACTIVITIES How you will be assessed | * You need to acquire core knowledge of how businesses combine promotional activities‚ such as advertising and personal selling‚ into a promotional mix and of how these choices are vital to the success of a promotional campaign. * You will need to consider how promotional activities are designed to alter customer attitudes‚ and investigate how the cost of promotional activities affects the final choice of promotional activities
Premium Marketing Management Business
iPod touch viewed as in final stage of product life cycle By Neil Hughes With the iPad mini now joining the iPhone and iPad 2 in Apple’s sub-$400 product lineup‚ the company is expected to reduce its investment in the iPod touch going forward. Ming-Chi Kuo of KGI Securities‚ an analyst with a strong track record in relation to Apple’s future plans‚ said in a research note this week that the iPod touch "has entered the final stage of its product life cycle." The latest version‚ released this
Premium Apple Inc.
Summary: In this paper is amid to review the performance of Nokia in Chinese mobile phone market since 2002. A literature review about marketing research models such as 4 Ps‚ Porter’s 5 Forces‚ SWOT analyses is carried out by the author. After that‚ this paper explained the changes of market environment in last decade with competitor analyses. In addition‚ the author evaluates the market mix of Nokia. Opinions of how well Nokia did in building a strong brand is presented afterwards. Following
Premium Marketing Mobile phone Smartphone
internet portal (which provide all related services of internet) History of Nokia tells us that it hasn’t been a manufacturer of phones in past‚ this company made footwear‚ tires and paper products before it involved in mobile industry. In 1990 the company focused only on telecommunication services by providing best hardware mobile phones all over the world. MERGING OF MICROSOFT AND NOKIA The two famous companies Microsoft and Nokia merged in this year. The Nokia’s CEO is Stephen Elope‚ and Satya Nandella
Premium Microsoft Mobile phone Operating system
Marketing Research and Promotional messages Marketing messages are a key component to attracting attention and lead the targeted consumer through the sales cycle and to purchase (Consumer Behavior and Targeting Audience). When a company is looking to create a marketing communication message it is important to understand the type of consumer they are marketing towards. The company needs to look at the type of consumer they are targeting then analyze their needs‚ perceptions and attitudes. These
Premium Marketing