Blackberry Torch Essay

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Blackberry Torch *Monday night class Christine Choi, Tracy Huynh, Phuongtrinh Nguyen, Catherine Ruel, Jennifer Simms, Sunniya Sudhuzai, Mahwish Husain Table of Contents Executive Summary 1 Description of Product Primary Benefits 1 Relevant Brand Issues 2 Benefits to Consumers 2 A Brief Description of the Firm and its Strategy 3 Market Trends, Industry Dynamics and Competition 3 SWOT Analysis 5 Potential Market Segments & Product Positioning 6 Marketing Mix 7 Competitive Reaction 8 Performance Metrics 8 Reference List 9 Executive Summary The Blackberry Torch is the first smart phone which features both a touch screen and a full keyboard. With competitors such as the Apple iPhone, the Torch provides numerous benefits to customers including its business appropriate style, as well as its easy to use operating system. From a marketing standpoint, the Blackberry Torch utilizes a differentiated segmentation strategy in an attempt to gain a competitive advantage over the smartphone market. A SWOT analysis reveals strengths and weaknesses including control of the market and a slight lag in the technological market, respectively. Opportunities include an expansion of the application market, and threats include increased market competition. The Blackberry Torch’s utilization of the 4 components of the marketing mix will allow the Torch to gain competitive advantage, and will provide a basis for evaluation of the products performance within the market. Description of the Product - Primary Benefits The Blackberry Torch is a “world premier BlackBerry in slider form factor with touch screen plus QWERTY keyboard and optical trackpad (“BlackBerry Torch”, n.d., p.1).” There are numerous benefits to the BlackBerry Torch 9800. Among these benefits, the

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