CS2 Ramirez
CS2 Ramirez
PROBLEM:
How will apple Inc. stay in the firm when it comes to many competitors?
OBJECTIVES:
ASSUMPTIONS
Explanation: They tried out a few different product lines to see whether
they would make the company a lot of money and be well received in
the market.
Explanation: They invest heavily the R&D to check the status and study
the possible effect that cause problem and to add more expanding retail
stores in the world.
SWOT ANALYSIS
Strengths Weaknesses
- Apple is the world’s largest corporation on - Steve Jobs resigned from apple
a market capitalization Strengths. in 1985 and started a new firm.
- Apples own popular app and retail stores - Product line is not compatible
- Apple de-signs manufactures and market with leading software and not
world’s single most popular smartphone. able to multi task in window
- Headquarter in Cupertino, California based machine.
- First major piece of business software - Apple cannot collecting or not
VisiCalc spreadsheet product. kept every detail about the
- Apple have a user friendly product. users.
MARKETING STRATEGIES
PRODUCT/SERVICE
The product or service element refers to what you are offering as a whole to
your customers. Product decisions include functionality, branding, packaging,
service, quality, appearance and warranty terms. When thinking about your
product consider the key features, benefits, and the needs and wants of
customers.
PRICE
The price element refers to the way you set prices for your products or
services. It should include all the parts that make up your overall cost, including
the advertised price, any discounts, sales, credit terms or other payment
arrangements.
Your pricing will also depend on your businesses position in the market, for
example, if you advertise your business as a budget car rental service, your
pricing should reflect that choice. Or if you are a premium food product then
your price should be at a premium to lesser quality products to reflect the
better packaging and quality of ingredients you offer.
PROMOTION
Promotion refers to all the activities and methods you use to promote your
products/services to your target market. It includes sales, public relations, direct
marketing, advertising, sponsorship and social media. Since promotion costs can
be substantial, it is sensible to conduct a return on investment analysis (ROI)
when making promotion decisions. Firstly, you need to establish who your target
market is, what media do they consume, what the cost of that media will be,
how many more sales you need to cover your investment and how you will
gather the information that shows how the promotion has worked.
PLACE
The place element refers to how you get your product or service to your
customers at the right time, at the right place, and in the right quantity. It
includes distribution channels (e.g. via a shopfront, online or a distributor),
location, logistics, service levels and market coverage.
ORGANIZATIONAL CHART
Pros.
Cons.
A. No idea of what the customers’ needs.
B. No improvement that can add in the services.
Pros.
A. They increase more the profit with new innovative that can help to
increase profit.
B. They click on the market if the technology are high-tech and less
instruction.
Cons.
A. Suddenly decrease their profit in a month or a year.
B. They will not trust their product if no improvement or changes.
Pros.
A. They increase more the profit with new products what customer needs.
B. Customer determined the product that they want.
Cons.
A. Didn’t know the products release.
B. The competitors have able to lose your income or profit.
Pros.
A. The company will already have a report or data for what is happening
in each retail store or in the operations.
B. They avoid the debt or losses and also can avoid the possible losses
in each products.
Cons.
A. Suddenly notice the losses of the store or in the business
B. Employee have no idea what flows of their company in every
operations
CONCLUSION AND RECOMMENDATION
Because it will give Apple more innovative products and technology that can
help in their business to grew. Customer will enjoy their products if we have
new release of innovative product, software and technologies that easy access
to every users for the products. It can help their business grow especially in a
lot of their competitors.