Preview

I-Phone

Satisfactory Essays
Open Document
Open Document
292 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
I-Phone
Marketing Objectives:
Mr. Steve Jobs, CEO of Apple Inc. during his keynote address before the launch of iPhone in January, 2007 said he wanted iPhone to capture at least 1% of the mobile phone market in the first year of iPhone’s launch. Apple, with its very innovative and focussed marketing efforts, has had iPhone capturing the imagination of the world and unprecedented sales for an mobile phone. Given below are a few numbers.
Volumes and Profits:

Time Frame: The marketing strategy being presented in this study would about 6 months for implementation and control.
Customer Retention: Apple Inc has been using various strategies to retain customers and add new. For example, tying up with a network operator (AT & T in USA) and offering the iPhone at a very low price for a smart phone, continuous revision of prices to lure in customers, new developments and better featured models and good after sales service. The following exhibit throws some light on the satisfaction levels of the users of iPhone.

Intermediary Retention: Apple strives to build good relationships with its procurement agencies, suppliers and distributors. Same is evident from the dedicated space it provides to all such agencies on its web portal www.apple.com for all concerned parties to interact and learn more about Apple policies. Also, mentioned below are a few on the initiatives and web-links are provided for one to learn more. * Apple and Procurement [http://www.apple.com/procurement/] * Suppliers Responsibility [http://www.apple.com/supplierresponsibility/] * Beyond Compliance[http://www.apple.com/supplierresponsibility/beyond-compliance.html] * Supplier Code of Conduct [http://images.apple.com/supplierresponsibility/pdf/Supplier_Code_of_Conduct_V3_3.pdf] * Committed to Environment [http://www.apple.com/environment/] * The Electronics Industry Citizenship Coalition [http://www.eicc.info/]
COMPANY AND COMPETITOR ANALYSIS

Marketing

You May Also Find These Documents Helpful

  • Better Essays

    Steve Jobs unveiled iPhone to the world on January 09, 2007 by defining it as a wide screen iPod Touch featuring functionalities of phone and an Internet communicator named iPhone. Apple IPhone is considered apples most innovate and best selling product according to “the secret to Apple’s success” article they raised a point about Apple’s marketing strategy, “Making markets vs. addressing markets – Some claim that Apple doesn’t ask people what they need but gives them products they decide they want.” In a competitive industry such as the mobile device industry, no consumer would purchase a cellphone unless they perceive its worth as valuable. No body necessarily needs an apple iPhone they have many options however, they want the phone because they value the product. Another marketing strategy worth noting is how Apple markets their products. Apple has demonstrated a cool factor in their product; the Attention they spent on the design and detail distinguishes Apple’s products from other competitors.…

    • 958 Words
    • 4 Pages
    Better Essays
  • Better Essays

    The senior management of Apple needs to understand what it is consumers want and how to deliver it to them in a manner which will allow Apple to regain its leadership position. They need to consider the variables that will bring customers back to the iPhone; one of the largest variables is the current economy. Apple has begun to make changes with production by inviting the FLA to inspect its supply chains; this change is to build customers trust and respect. Competition is healthy for organizations; Apple will need to make continual changes in order to become and to stay the industry leader within the smartphone…

    • 1801 Words
    • 8 Pages
    Better Essays
  • Better Essays

    Iphone Evaluation Project

    • 1173 Words
    • 5 Pages

    New top-end mobile phones such as the Apple Iphone are allowing a new class of mobile to emerge in the world today. Combined with its ease of use, rich design, and well-organized application system through Apple App Store makes the Iphone an appealing platform for development of other smartphones. The Apple IPhone was released on June 29, 2007 by CEO of Apple Steve Jobs (Honan). The IPhone offers many of the innovative features found on competing devices, but it also differs from other smartphones on the market.…

    • 1173 Words
    • 5 Pages
    Better Essays
  • Powerful Essays

    Barraging Power Accg 301

    • 1892 Words
    • 8 Pages

    The purpose of this report is to discuss the effects of customer’s behavior with Apple Inc. products under the theoretical concepts.…

    • 1892 Words
    • 8 Pages
    Powerful Essays
  • Good Essays

    Iphone and Ethical Issues

    • 821 Words
    • 4 Pages

    On June 29, 2007, Apple Inc. launched sales of the iPhone at Apple and AT&T stores across the country. Many hours earlier, enthusiastic customers lined up outside stores to get the first iPhone in their hands. The iPhone is more than just a breakthrough mobile-phone device. It is a strategy that may expand Apple's sphere of influence. Apple elegantly combined a mobile phone, mp3 player, and personal digital assistant (PDA) on the same machine characterized by its unique, innovative design.…

    • 821 Words
    • 4 Pages
    Good Essays
  • Better Essays

    Apple, the iconic technology company, has continuously captured the cell phone market with its new and innovative features, products, and services. This iconic brand status has allowed them to maintain higher prices for the higher-quality products. However, the competition is quickly able to copy and then enhance new technological innovations, and is doing it at less-expensive prices than Apple. This has caused a shift in the cell phone market, and Apple is losing share. This marketing plan will identify and plan for the release of Apple’s newest product, the iPhone 5s, in domestic and international markets.…

    • 1198 Words
    • 5 Pages
    Better Essays
  • Satisfactory Essays

    Smart Phones

    • 296 Words
    • 2 Pages

    The fourth generation cellular speeds will most likely be 3 mbps to 5 mbps. This is still an improvement over 3g.…

    • 296 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    The History of the Iphone

    • 1167 Words
    • 5 Pages

    After several years of keeping the details of the phone under wraps, Apple announced the launch of the iPhone on June 29, 2007. This new innovation had two hundred patents attached to it. During the press conference, Steve Jobs described the iPhone as ‘revolutionary’ and an ‘innovative design’ .The iPhone stood out from its competitors because of its touch screen, advanced features, and minimal hardware.…

    • 1167 Words
    • 5 Pages
    Good Essays
  • Powerful Essays

    Smart Phone

    • 2740 Words
    • 11 Pages

    1. It has been said that a smartphone is “a microcomputer in your hand.” Discuss the security implications of this statement.?…

    • 2740 Words
    • 11 Pages
    Powerful Essays
  • Powerful Essays

    Apple Iphone Case Study

    • 4084 Words
    • 17 Pages

    When CEO Steve Jobs announced in January 2007 that Apple would be releasing a revolutionaryiPhone five months hence, consumers waited with bated breath for a phone that would deliver all the features of their iPods as well as a smart phone. Anticipation grew, just as Jobs knew it would, as Juneapproached. The launch would become one of the most heralded technological product splashes Apple,known for its masterful media build-up, had ever planned. How the iPhone was developed, priced, promoted, and distributed is lesson for marketers around the world. Apple investors were pretty happy withthe outcome as well.…

    • 4084 Words
    • 17 Pages
    Powerful Essays
  • Powerful Essays

    The main aim of this article is evaluate how Apple’s iphone reinvented the smart phone industry by bringing down former market leaders like Nokia and Sony Ericsson.…

    • 1209 Words
    • 5 Pages
    Powerful Essays
  • Powerful Essays

    Pricing Strategy of Apple

    • 2928 Words
    • 12 Pages

    Moreover, the iPhone user base consists mainly of young early adopters: about 75% of whom are previous Apple customers. Now, the challenge for Apple is to get their product beyond the youthful technophiles and into the hands of mainstream users in order to maintain sustained growth. While the early adopters are a great group for launching a product, without mainstream use, the early success would not be lasting. This is why Apple has decided to use different pricing strategies such as the skimming and versioning.…

    • 2928 Words
    • 12 Pages
    Powerful Essays
  • Satisfactory Essays

    Smartphone

    • 848 Words
    • 4 Pages

    Thesis statement: Even though smartphone is popular all over the world. However, it provides not only the convenient but also the risk to our life…

    • 848 Words
    • 4 Pages
    Satisfactory Essays
  • Powerful Essays

    Sun Zi

    • 3028 Words
    • 13 Pages

    3) Apple case study (2009), Apple business strategy : DaveChaffey.com Internet Marketing Retrived March 12, 2009 from http://www.davechaffey.com/E-commerce-Internet-marketing-case-studies/apple-case-study-apple-business-strategy/…

    • 3028 Words
    • 13 Pages
    Powerful Essays
  • Powerful Essays

    Measuring services quality

    • 4617 Words
    • 19 Pages

    Gerpott, T.J., Rams, W. and Schindler, A. (2001). “Customer retention, loyalty, and satisfaction in the German mobile cellular telecommunications market.” Telecommunications Policy 25(4), 249-269.…

    • 4617 Words
    • 19 Pages
    Powerful Essays