Hewlett Packard (HP) is a global provider of personal systems, imaging and printing products, and technology solutions. It has a diverse product line including laptops, desktops, printers, ink, and business solutions. HP targets consumers, businesses, students, and enterprises and positions itself as a leader in technology. It faces competition from companies like Lenovo, Dell, Canon, and Xerox. HP's marketing strategy focuses on solving customer problems through innovative products and services while maintaining strengths in branding, production, and market share. However, it must address weaknesses in declining demand for PCs and printers as well as threats from increased competition and the rise of smartphones.
Hewlett Packard (HP) is a global provider of personal systems, imaging and printing products, and technology solutions. It has a diverse product line including laptops, desktops, printers, ink, and business solutions. HP targets consumers, businesses, students, and enterprises and positions itself as a leader in technology. It faces competition from companies like Lenovo, Dell, Canon, and Xerox. HP's marketing strategy focuses on solving customer problems through innovative products and services while maintaining strengths in branding, production, and market share. However, it must address weaknesses in declining demand for PCs and printers as well as threats from increased competition and the rise of smartphones.
Hewlett Packard (HP) is a global provider of personal systems, imaging and printing products, and technology solutions. It has a diverse product line including laptops, desktops, printers, ink, and business solutions. HP targets consumers, businesses, students, and enterprises and positions itself as a leader in technology. It faces competition from companies like Lenovo, Dell, Canon, and Xerox. HP's marketing strategy focuses on solving customer problems through innovative products and services while maintaining strengths in branding, production, and market share. However, it must address weaknesses in declining demand for PCs and printers as well as threats from increased competition and the rise of smartphones.
Hewlett Packard (HP) is a global provider of personal systems, imaging and printing products, and technology solutions. It has a diverse product line including laptops, desktops, printers, ink, and business solutions. HP targets consumers, businesses, students, and enterprises and positions itself as a leader in technology. It faces competition from companies like Lenovo, Dell, Canon, and Xerox. HP's marketing strategy focuses on solving customer problems through innovative products and services while maintaining strengths in branding, production, and market share. However, it must address weaknesses in declining demand for PCs and printers as well as threats from increased competition and the rise of smartphones.
Hewlett Packard CONTENTS Company Profile Product Line STP Marketing Mix Competitors Financial Data Marketing Strategy SWOT Analysis WHAT IS HP?
HP is a global provider of personal systems, imaging
and printing products, and technology solutions. The company is the largest player in the inkjet printer and laser printer market.
Hewlett-Packard is one of the major companies in the
enterprise storage and servers market and is also one of market leaders in the global PC market. COMPANY PROFILE Computer hardware Computer software Industry IT services IT consulting
Type Public ; Listed on NYSE
Split into two companies – HP Inc and
HPE Fate HPE spun-off its Enterprises Services division as DXC Technology and its Software division to Micro Focus.
office, business and corporate sector and it meets all necessary requirements of the clients.
The students use them for their own purpose
and they carry out different educational activities with the use of products and appliances of this company MARKET TARGETING
HP provides its products and services in the
target markets and it needs to start its business in the newly emerging economies.
Today almost all of the businesses and
government departments use computer and IT related equipments to make their working easy, POSITIONING
HP Company will provide such items in the company,
which can have different functions and they can suit for the requirements of the clients.
This company is the leader in the international market
and it will meet the requirements of the clients.
The equipments are modern and in these products,
latest technology is used to make them wonderful and according to the latest techniques and requirements MARKETING MIX Place HP is headquartered in California with subsidiaries located in Miami, Ontario, Geneva, Tokyo, Houston, Singapore, Victoria and Rivonia.
It operates a worldwide program for independent
software vendors, developers and system integrators called the Developer & Solution Partner Program (DSPP).
The HP website provides a partner locator service
sorted by small and business, home and home office, large business enterprises, as well as type of product needed. Product Infrastructure technology, Business process outsourcing, Technology support and maintenance, Networking products and resources, Application development and support, Consulting and integration services, Enterprise information technology infrastructure, Software, Personal computing and related access devices, imaging and printing related products and services. Product
In 2007 HP introduced the TouchSmart PC, an all-in-
one PC with a touch-screen display
Home Networking Products such as the Linksys
WRT54G2 Wireless-G router which provides a high- speed Internet connection with several computers.
HP Care Pack are designed to cost-effectively upgrade
or extend a customers’ standard warranty with easy-to- buy, easy-to-use support packages. Price
In 2003 Hewlett Packard introduced an automated
technology that can measure the percent utilization of each CPU, thereby offering significant advantages to customers during slow periods so they do not pay for processing they do not utilize.
They design products with features and esthetics aimed
specifically at consumers. It will first estimate how much consumers will pay, then design products to sell at that price. Promotion “One Voice,” to better integrate its vast line of consumer electronics and computer hardware products.
A website with videos and navigation by sorted by
business application
Blogs covering topics such as networking, servers,
enterprises software and storage
“Trade-in Program” whereby a customer can get a free
quote on an old product and trade it in on eligible products. COMPETITION In the personal systems segment • Lenovo, • Dell, • Acer, • ASUSTeK, • Apple, • Toshiba, • Samsung In the printing segment • Canon, • Xerox, • Seiko Epson, • Ricoh, • Samsung. MARKETING STRATEGY HP has maintained its own marketing strategy and this strategy is focused on different problems like solving the problems of the consumers or the enterprises. The company is not only providing the products but also gives attention over the service of the products, which can make work easy and fluent. The people have to buy these products for their different functions and they adopt them in their different works. The company tries to solve their problems with the provision of their appliances and also provide the services. SWOT ANALYSIS Strengths Brand Valuation of a whopping 19.3 billion dollars, much ahead than many of the players in the consumer durable segment. HP ranks 50th amongst the top 100 brands around the world
Sector Rank of 10 in the IT industry which has the likes
of Apple, Facebook and Google.
Production excellence: HP ships two personal computers
and two printers every second. This shows its dominance in this sector. They hold the second position in the world for shipping PC equipment. HP had a market share of nearly 20%. In the printer segment, they hold a market share of 40.5%. Weaknesses
Declining Demand: The demand for printing systems
and personal computers have decreased by 8.3% during FY 2015. Smartphones are fast overtaking laptops.
After sales service in computers: HP’s laptop and
desktops are known to have poor after sales service especially in emerging countries. Opportunities
3D printing: The 3D market will reach a value of $30.2
billion by 2022 with a CAGR of 28.5%. Worldwide shipments of 3D printers grew by 103% in 2016.
Electronics Market: The performance of electronics
market is going to increase with a CAGR of 2.7% till 2019. The value is expected to become $299 billion by 2019. Threats
Challenges: The growth of personal computer product
line has slowed down. The printing line also has many competitors and is facing a growth decline.
Competition: Competition is increasing every day
Smart phones: Due to rising in the demand and
popularity of the smart phones the PC is taking a slowdown.