...Marketing may be described as a process where goods and services transcend to the customer from concept. This usually involves the elements of marketing being well coordinated. This starts with the development of a product that has been identified and selected, price determination, channel selection and implementation of the promotional strategy. New Apple products, for instance, are developed to include advanced application and systems, set at different price depending on how much capability the customer desires and sold at locations where other Apple products are sold. It is paramount that marketers identify the needs of the customer and the challenges that arise without such needs and sell not just a product, but the solution to their dilemmas. In a globalized and highly competitive world, successful marketing gyrates around a quality customer experience. A connection must occur between the customer and product. This where they are able to comprehend the solutions the product possesses. Marketers are able to yield this connection by understanding the needs of the customer and being able to covey them successfully in order to earn the trust of the customer. The Apple Watch developers seem to have understood this by creating a gadget that makes iPhone customers less socially awkward while giving them the motivation to keep moving through the fitness apps (Chowdhry, 2015). However a service encounter or any interaction between a consumer and sales attendant may not be needed...
Words: 1561 - Pages: 7
...Marketing Plan Reda Bouizar Devry University Mktg522 Marketing Plan 1.0 Executive summary The purpose of this marketing plan is to introduce Apple into a new market that has the potential to make the company leading further in the high-tech industry. The proposed product is the iWatch, a smart watch that features Apple’s latest technology. This product will allow the company to penetrate the market of wearable technologies, which will weight 1.4 billion dollars by the year 2018. In fact the market demand is increasing steadily in regard of this new type of technologies. Companies such as Samsung and Google had introduced wearable devices such as the Galaxy Gear or the Google Glass in order to create a new way for consumers to interact with technology. The iWatch will satisfy a new demand that is estimate to five million shipments in the next year. (Ranck, 2012, p. 1). Using the Apple strengths such as advanced patents, strong brand equity and extensive distribution channels; the iWatch can be, like the iPod, a strong vector of development for the company. In fact, the marketing objective proposed by this plan is to become a leader on the wearable technologies market and ultimately sale three million units by the end of next year as a financial objective. This document will present the marketing mix that will allow Apple to reach those objectives. Elements like fashionable design, high quality and new technologies will permit the iWatch to...
Words: 4293 - Pages: 18
...Advertising Suggestions on Fitbit, Inc Advertising is an important part of marketing, it helps to sell goods, the good advertising can improve the visibility and the sales of product. The types of advertisements are varied, they are above-the-line advertising, below-the-line advertising and audio-visual advertising, etc. Improve the quality and creativity of advertising and attract the consumers’ attention, now is the main research of many brands. The first advertisement may have been a sign painted on a wall of a building. The early outdoor-advertising competitors were town criers employed by merchants to praise their goods. It was Gutenberg's invention of the moveable-type printing press in 1450 that resulted in the mass production of posters...
Words: 1725 - Pages: 7
...Corporate Responsibility and Marketing Strategies Melanie Blankett BUS 508 – Contemporary Business Monday July 20th 2013 Corporate Responsibility and Marketing Strategies To be successful in todays’ business environment, organizations must be able to adapt efficiently to the changes in the economy, including consumer preferences, government regulations, and social demands. Not only are consumers vigilant about the quality of products, but a great influence in their purchasing decision has been the social and ethical behavior of companies they choose to patronize. Many consumer focus on the corporate social behavior of these companies, and whether they give back to the communities from which they make a profit. They also pay attention, to the impact these companies have on the environment and if they have any philanthropic causes. Also observed is the treatment of their employees and society on a whole, ethically and morally. Ethical and social responsibilities are therefore no longer a choice for businesses. They are obligations, which directly affects the brand and the overall success of these companies. The pages ahead will focus on the current ethical and social responsibilities of Apple Inc.™ and how the publication of violations and responsibilities made by Apple’s suppliers have affected Apple’s reputation over the past few years. Methods will be suggested which Apple can utilize to ensure its suppliers adhere to wage and benefits standards...
Words: 2669 - Pages: 11
...Defining Marketing In this paper, the author’s personal definition of marketing as well three definitions from different sources are provided. The author also explains the importance of marketing in organizational success. Lastly, the author provides three examples from the business world to support her explanation. “Marketing is the performance of activities that seek to accomplish an organization’s objectives by anticipating customer or client needs and directing a flow of need-satisfying goods and services from producer to customer or client”(Perreault, Cannon, McCarthy, page 6, 2011). Marketing is about identifying and meeting human and social needs. One of the shortest good definitions of marketing is “meeting needs profitably” (Kotler ,& Keller, page 5, 2012). In 2008 AMA's definition of marketing was: “Marketing is the activity, set of institutions and processes for creating, communicating, delivering and exchanging offerings that have value for customers, clients, partners and society at large.” The author's definition of marketing after reading the learning material is that marketing is an ongoing communication exchange not only with costumers or buyers of products and services, but also look for receptors that need to buy specific ideas. Marketing includes diverse activities for businesses that help them to identify customers for their products and services. Marketing targets potential clienteles with advertising by creating in a way a new need for their products...
Words: 1148 - Pages: 5
...Unit 3: Introduction to Marketing Pass 1 Marketing is the activities of a company associated with buying and selling a product or service. It includes advertising, selling and delivering products to people. People who work in marketing departments of companies try to get the attention of target audiences by using slogans, packaging design, celebrity endorsements and general media exposure. The four 'Ps' of marketing are product, place, price and promotion. Mini cooper It is determined that Mini’s marketing strategy has shifted in terms of targeting and brand positioning. As previously it was an affordable iconic British car, now it has become a cool luxury car dominantly for a young segment. Its international marketing strategy is differentiated in a way that a brand is built up on the historical iconic image of Mini for the UK and associated market. The business strategy of the mini is based on having a powerful brand image. This strategy forms the foundation of the success of the mini Group. Mini believes in maintain core values as technology, innovation, performance, quality, reliability, exclusivity and customer satisfaction. The company slogans of mini in English i.e. “The Ultimate Driving Machine” and “Sheer Driving Pleasure” give us an overview of the marketing strategy it adopts. The strategy of mini is clearly defined on the homepage of the company i.e. “Identify potential and encouraging growth. Knowing what we represent. Recognizing where our strengths lie and making...
Words: 3865 - Pages: 16
...Date: 5-8-2015 I. Company Background On April 1976, the Apple Computer was formed by a 25-year-old then Steve Wozniak and a 21-year-old then Steve Jobs who were both college dropouts . It had its humble beginnings tracing its first location of where they started to build computers in Job’s family’s garage. The years that came after became witnesses of how such first creation led to one of the biggest names in the industry now. The ideas and early innovation techniques that emerged from this location would set the foundation for building one of the most important and globally effective technology companies the world has ever seen. In fact, some diehard Apple fans come from all over the globe just to pose for pictures in front of this now-famous garage. Wozniak, the true technical mind behind the building process of Apple’s early computers, spent the summer of 1976 building the company’s very first computer. Figure 1 first apple computer Meanwhile, Jobs began creating advertisements and found a buyer for the computer. The Byte Shop in Mountain View, California, proved to be Apple’s first major customer, and coincidentally the first retail computer store chain in the world. The two Steve were able to build and sell fifty Apple computers that summer, all from within the confined space of the Jobs family’s single-car garage. This would mark the first of many successful products to come from the company. Apple Computer stands out from similar companies with their unconventional...
Words: 6252 - Pages: 26
...Batool Hendal Raghad Al-yaqout Nawaf Bouarki CPEG 220 Term Paper Aapple vs Samsung Watch After the great revelation in electronic devices, Samsung and Apple companies produced smart watches. For Apple they have e now three different watches. It has apple watch, apple watch sport features and apple watch features. For Samsung, they have Samsung gear S2, Samsung gear S2 classic. This paper aims to provide a thorough study about the organization, architecture, operating systems, programing, and a market survey of existing computer technologies available in Kuwait between a watch from each company. For The Apple Watch, it comes in a square-but-round design. It has two sizes - 38mm or 42mm. it may diverse in case and strap, depends on what range you opt for - regular, Sport, Edition or the...
Words: 2484 - Pages: 10
...BALDWIN Apple’s Future: Apple Watch, Apple TV, and/or Apple Car? Since the release of the iPod in 2001, Apple had been probably the most successful technology company in the world. It revolutionized three businesses in the next 10 years: music, smartphones, and tablets. When Steve Jobs died in 2011, it was up to his successor, Tim Cook, to revolutionize the next set of industries. In 2015, Cook appeared to have three potential targets: watches (wearables), television, and cars. All three were bets on highly uncertain futures. Watches were off to a promising start in their first quarter of shipments, but it was far too early to declare victory. Television seemed ripe for disruption, but many firms had tried and failed to change the TV landscape. And cars, of course, represented the biggest opportunity as well as the biggest leap for Apple. Financially, Tim Cook and his team were unconstrained: Apple was the most profitable company on the planet in the fourth quarter of 2014, generating $18 billion in net income (Exhibit 1). However, Steve Jobs had famously said that Apple’s success came “from saying no to 1,000 things to make sure we don’t get on the wrong track or try to do too much. We’re always thinking about new markets we could enter, but it’s only by saying no that you can concentrate on the things that are really important.”1 The big questions for Tim Cook and his team included: Were watches, TVs, and car the right focus? Was Apple doing down the best path...
Words: 11550 - Pages: 47
...Effective Advertising Planning and Implementation Paper Cassie Novak University of Phoenix MKT/447 Jeffrey Manning 9/16/13 Advertising Message The iPhone referred to be one of the Apple’s line of products, happens to be a very advance and can be very helpful for each individual. The message is, life is busy, read your favorite newspaper, watch your favorite TV program and listen the music that you like. Addressing various questions, knowledge can be expanded by message, creates awareness and entices the consumer. The good way to impress consumer is to make them excited by utilizing the product. To Who Is It Directed Each and every product is specifically for all ages, regardless if it’s the youth, working mom, dad, grandma and grandpa. The Iphone is for each demographic, access photos to the family and can help coordinate for the trip across the country for consumers to take advantage of. This product plays the role as a phone, can basically make phone calls and call those we love. “For anyone who wants to get to the next level handheld technology, this is the product and the product is marketed as such” (….). Relationship Between Consumer Behavior and Target Markets For a Starbucks coffee, consumer did not have any issues paying $5.00 two years ago. Now today consumer can buy full can of coffee for 5 dollars. “Consumer behavior has advised that the consumer is stretching his or her dollars and gourmet coffee...
Words: 1634 - Pages: 7
...Marketing is the action or business of promoting and selling products or services, including market research and advertising. Apple Marketing objectives: Aims & Objectives: Apples aim and objectives are to be able to become the leading business in the mobile market, expanding their distribution network to reach more consumers, and to create more company revenue than their competitors. Marketing aims & objectives: To continuously make and improve new generations of products. To add new features to their current products so there's always something new to look forward to. One of Apple’s biggest objectives is to become the leading business in the mobile market. Their strategy associated with this goal is to become an online search machine and platform for online advertising. This strategy involves dividing their market into two categories. The first category would be for market common or garden mobile phones of the kind we have now which do voice, text, MP3s and also have radio & TV. The second category would be the iPhone platform, which would allow people to access the internet and get the computer feel in their own hands. This iPhone platform will be Apple’s continuous expansion so that one day they will be able to match Google in becoming a leading search engine for online advertising. To fuel this strategy, I think continuous investments in Research and Development would be a vital tactic as well as monitoring the works of Google and Yahoo very closely...
Words: 1393 - Pages: 6
... This report will analysis the macro-environment and the micro-environment of Fitbit Inc. and its products. Macro-Environment Political/Legal - Recently facing accusations of ‘inaccurate heartbeat monitoring’ and facing a class action lawsuit in the USA. - In a world that is dominated by cyber activity, users have been gradually aware of their sensitive personal data being uploaded online. In the case of fitbit, the company was criticised for automatically uploading personal information including their sexual activity. Economical - Due to the release of the new smartwatch Blaze, the share price of fitbit has fallen 20% due to inconfidence within the investors. They sense the strength of the competition with android and apple smartwatches with their third-party apps giving them a bigger selling point than fitbit. -Fitness industry in Australia has been gradually growing to a 8.5 billion dollar industry with a more health sensitive demographic. Socio-cultural - Users now are primarily new to exercise, typically middle-aged and trying to get back into shape. Generally has...
Words: 3010 - Pages: 13
...Running Head: Advertisement Assessment Commercials: 1 Advertisement Assessment Evaluation of Commercials for Apple, Amazon and Sony Marketing 506- Integrated Marketing Communications Strayer University Commercials: 2 Select (1) model and discuss how the commercials are designed to impact various stages of the response process. The innovation adoption model of the response process “evolved from work on the diffusion of innovations” (Belch & Belch, 2012). The commercials are designed to impact various stages of the response process by making the public aware and introducing new technology for electronic readers. In the Cognitive stage, the commercials evoke awareness in the consumer by showing the product. In the Affective stage, the consumer’s interest begins when they see the product’s functions and capabilities, which may lead to wanting to learn more about it by research or networking with others. Evaluation can come by a potential consumer visiting a local electronics store and asking for an in-store preview. Third, if the marketer has succeeded in capturing the consumer’s...
Words: 1295 - Pages: 6
...The Marketing Plan Apple Inc. Brittany James Argosy University July 11,2014 Table of Contents 1. Executive Summary 2. Situational Analysis 3. Marketing Strategy 4. Financials 5. Controls 6. Summary Apple is the leading company in technology today. With the world turning towards technology in every aspect of life, Apple has been able to capitalize on each opportunity. The company products include personal computers, laptops, cellphones, tablets (ipads) and new product is soon to be introduced as the IWatch. With all these products, we ask, “ Is the industry growing?” Yes, it is. We live in an era where 5 year olds have the latest IPhone or IPad. Schools are requiring students to have some type of electronic device to even do the course work. Apple has become a household name with every turn of this technology age. With the increase of need and want for technology, Apple’s shares are soaring through the roof. According to Tim Brugger, Apple stocks are creeping to $100 a share, bumping against record highs. Apple is the dominant player in the marketplace. Brugger also states that Apple is the leading developer of new products, out-running Google (Android) and Microsoft (Windows). Moving forward, Apple has strategically developed a product that will sync with all your other I products. The iWatch is assumed to increase market shares for Apple as well as beat out the completion from Google, who has recently launched a smart watch. Globally Apple...
Words: 1676 - Pages: 7
...Richard S. Baker Marketing Plan: iPad Ultimate MM522- Market Management Professor: George Coley August 22, 2011 1.0 Executive Summary Apple Inc. is preparing to launch the new version of the iPad Ultimate, has already produced over $50 billion of iPads’ market ($7.5M per year in the specific market segment of electronic devices). Apple Corporation can compete with all the other competitors in the market segment because the iPad Ultimate offers unique combination of features and functionality in tablet at a competitive value-added price. Apple is taking full advantage with the fact that the tablet market will increase by 100% over the next 10 years Apple is targeting the Generation Y/Millennium and Generation Z/Boomlets’ generation, because they spend about $5 billion a year on new electronic devices that will improve and help their consumer needs for the best product on the market. The tablet computer can be used for web browsing, reading and sending emails, viewing photos, watching videos, listening to music, playing games and reading eBooks. Apple’s primary marketing objective is to sell around a million iPad Ultimate in the first year and hopes that it will to continue to grow modestly by 15% a year over the next 5 years. The goal of Apple is to maintain the table at least 35% this year and attain a 15% growth in the next five years in the market segment of tablets. Apple’s primary financial objective is to reach over $10 million in gross sales revenue...
Words: 8471 - Pages: 34
