VODAFONE Type Limited Industry Mobiletelecommunications Predecessor Hutchison Essar Founded 1994 Headquarters Mumbai‚Maharashtra Products Mobile networks‚Telecom services‚ Etc. Owner(s) Vodafone Group(67%)Essar Group (33%) Employees 10‚000 Services Provided by Vodafone • Mobile services with GSM technology • Fixed-line telephone services • Universal Internet working • Video Calling • Broadband Competitors- Chennai Top
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Marketing strategy is a key part of overall corporate strategy‚ which is concerned with developing plans for finding out what customers want and then efficiently meeting their requirements. Vodafone’s marketing first aim in Romania is to retain market leadership on revenue per customer‚ network quality and customer satisfaction. Also one of their key goals is to recover the first place in terms of number of users and revenue. Vodafone’s strategy is customer focused and product led; the company is
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Chapter 2: Analysis of marketing strategy 2.2 Pricing Strategy 2.2.1 Factor affecting pricing decisions (type of market) iPhone4s is a product from Apple which sells in oligopoly competition market. As we know‚ the characteristic for oligopoly competition market are product differentiation‚ few sellers but many buyers in the market‚ high barrier market entry and exit‚ price maker in the market and spend money in advertisement. It has a few of competitors‚ such as Samsung Galaxy S2 (RM2099)
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Apple prices strategies. Introductory prices. This strategy means to set low prices that are used to gain entry into the market. It is usual used from startup companies and companies that want to enter in the new market. Establish a high reference price Behaviorial economist Richard Thaler has noted that consumers are really bad at making decisions about value and constantly need "reference prices" for comparison. A dress costs $80. Is that too much? Not if it’s marked down 50 percent from $160
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Price objective and strategies According to Köehler (1996)‚ the skimming price strategy is a high price strategy which provides a healthy margin but risks a depressed sales volume. Since high prices also attract piracy‚ protection costs against piracy basically eat up margins. In the case of Apple‚ the buyers are not attracted by pirated versions of products because of the image of the brand linked to the snobbism of the “members of the Apple family”. In the graph below‚ we compared iPod sales
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Price Strategy Price is the amount of the money customers have to pay to obtain the product. The value that received from the product must be higher than the value that customers pay for exchange its goods and services. Price does affect customers’ choice in the products or services. Customers today are willing to pay more because the higher price means higher quality one brand offers to them. As the product passes through its life cycle‚ its pricing strategies usually change. For each stage of
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A PROJECT REPORT ON THE COMPARATIVE ANALYSIS OF MARKETING STRATEGY OF VODAFONE AND AIRTEL Submitted By: SHRESTHA SAHU B.COM (HONS) ENROLLMENT NO. A7004613046 Under Guidance Of: Faculty Guide: Mrs Charu Bisaria Assisstant Professor ABS‚ Lucknow (RESEARCH PROJECT REPORT FOR BACHELOR OF COMMERCE (2011-2014) AMITY BUSINESS SCHOOL AMITY UNIVERSITY UTTAR PRADESH‚ LUCKNOW ACKNOWLEDGEMENT I SHRESTHA SAHU sincerely thankful to all those people who have been giving me any kind
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Mannesmann vs. Vodafone On A Hostile Takeover December 2000 Martin Marinschek‚ Student ID 9803246 Abstract This paper summarizes the proceedings of the largest merger in the history of the telecommunication business‚ including the two players Vodafone and Mannesmann. Analyzing the history of the two companies‚ the reasons for the merger‚ the merger itself and the outcome of the takeover‚ as well as the impacts on society‚ economy and legislative are the major concerns
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Vodafone Essar was launched in India on 21st September 2007. Vodafone was welcomed in India with the “Hutch is now Vodafone” campaign. The popular and endearing brand Hutch was transitioned to Vodafone across India. This marked a significant chapter in the evolution of Vodafone as a dynamic and ever-growing brand. This brand unveiled nationally through a high profile campaign covering all important media. Vodafone‚ the world’s leading mobile telecommunication company‚ completed the acquisition of
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Vodafone Essar VODAFONE ESSAR LIMITED Type: Private Founded: 1994as of Hutchison Essar Headquarters: Mumbai‚ India Key People: Asim Ghosh – M.D Industry: Telecom Products: Mobile Telecommunication operator Website: Vodafone India Vodafone Essar‚ previously Hutchison Essar is a cellular operator in India that covers 16 telecom circles in India. Despite the official name being Vodafone Essar‚ its products are simply branded Vodafone. It offers both prepaid and postpaid GSM
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