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Marketing Management Group Project

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Marketing Management Group Project
Background Information
Question 3, Part A - C

Liberty University
BUSI 520
Strategic Marketing Management

Apple’s iPhone is one of the most popular cellular phones currently available on the market. The iPhone is a technologically innovative product which uses both hedonic and utilitarian product attributes to “trigger consumer frenzy in the launch period complete with long lines outside Apple stores the night prior to the launch date” (Arruda-Filho, Cabusas, & Dholakia, 2010, para.4).
Describe and discuss the demographic trends associated with your product/service.
In 2010, Nielsen’s quarter 1 2010 data “showed 23% of all mobile consumers have a smartphone” (Kellogg, 2010, para.1). According to Nielsen, both Android and iPhone users are mostly male, with Android users being slightly younger than iPhone users. However, those users who are in a lower income bracket and less educated are more likely to choose an Android device over an iPhone. (Kellogg, 2010)
Drew DeSilver (2013) summarized a recent Pew Research Center’s Internet & American Life Project report on smartphone ownership., which backed up Nielsen’s survey. According to this report, “25% of all U.S. cellphone owners, and 43% of smartphone owners, own an iPhone, a few percentage points behind Android” (DeSilver, 2013, para.2). Over the past three years, smartphone users have The survey also found that “more affluent and more educated people are much more likely than those with less income and education to say they own an iPhone” (DeSilver, 2013, para.4) as shown by the following table. The only age group in which the number of people who owned an iPhone outnumbered those who owned an Android are those who are 55 and older (Russell, 2013). Source: Pew Research Center
Describe and discuss the current economic trends and the influences they

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