Lessens need to purchase “hard copy” of these. * Other competitors; Circuit City, CompUSA, Amazon.com, even Wal-Mart, Target, etc. * Possibility of losing customers to wholesale business. I think that for the most part Best Buy has lived up to their mission statement, because they are at the intersection of technology and life. I believe this to be true because they offer some of the newest technology in their store and it is place where people can actually interact with salespeople in real life.
What is the product’s closest brand competitor? There are several competitors for this product market: Google Nexus 7, Kindle Fire, Samsung Galaxy, and the Apple I-pad. Explain why you chose this brand rather than the competitor’s brand. The reason I chose this brand is that I already have an iPhone and I was looking for a product that would do more than my phone. I felt that if I went with an iPad that I would just be getting a larger version of my phone.
Changes Sprint/Nextel are making for prior poor management decisions iv. Sprint/Nextel drop opportunity to be more successful d. Successful Companies i. AT&T / Cingular is the largest wireless carrier in the U.S. and will further succeed because of the iPhone’s popularity ii. Nokia expects its devices market to grow further leading to further profits iii. Verizon and T-Mobile succeed because of Sprint/Nextel’s struggles iv. T-Mobile will continue to be successful because of work with Apple over seas III.
The increase in sells in the iPhone also led to the increase in sales with the iPad as well. This really solidifies why the record company will not settle for the flat pricing price of Apple policy. Apple ability to control the download of music will definitely not work if Apple doesn’t allow for more flexible pricing. Apple must understand without music to download then there is know extra incentives or revenue that helps them maintain those increases in sales with their iPhones, iPods, or iPads. Apple future with downloads will be just find
It was in this time that Apple moved into the digital music space as a provider and distributor of music content. This came as a signal to the end of the previous innovation, the CD which was largely used to save music. Apple came up with a new technology and created iTunes as an online service where people could download legal, high quality songs for a very reasonable price. With the advent of this technology (iTunes) and the ease with which music was available digitally for download, the trend toward digital music was clear. This trend slowly opened up the fast growing demand for MP3 players that played mobile digital music, such as Apple’s iPod.
Not only do they sell these items the company sells high end computers to its customers. Apple markets its personal computers has the best computers on the market that feature top of the line features that other companies cannot match. 2. Describe the role of Apple stores as an important part of its marketing strategy? Apple’s retail stores are an important part of its marketing strategy because it has become the face of the company.
Marketing II Exercise #2 Amazon.com Summer quarter - 2012 1. High Industry Attractiveness for Amazon.com Medium 1 Market of Kindle v. Apple Ipad Innovative new offerings such as: Kindle, Cloud, Web Services 2 Recognized & Trusted Service 3 Bargaining power of customers is low - Cost Leadership Low 2 Innovation Services Brand recognition High customer satisfaction 3 Sales of 3rd party sellers of books, audio, technology 3 Pay suppliers quickly 1 They continue to invest and grow their market with their going Global 1 Kindle app v. Apple apps 2 Bargaining Power of customers low customer service is low 2. SWOT ANALYSIS Strength- Its profitable, the profits jump from 52 million to 74 million in the same period of time. A few years ago Amazon was losing large amounts of money, due to expenditures need to upgrade. The recent increase is due to low delivery cost to customers.
Apple success results from iTunes, once the customer is logged on, Apple accesses significant information of consumer’s behavior and purchasing habits. The company furthermore possesses the rare ability to analyze the data to gain valuable insights about what will captivate the consumer before the consumer knows what’s going to captivate them (Zoeller, 2015). Consumer Behavior Model: Consumer factors The three most important consumer factors are Social: Family and Reference Group, and Psychological: Perception. The family is the most influential
However mobile segment was fast emerging as a big substitute of MP3 players. As a result Apple faced very stiff competition from these rivals. Though Apple responded well with launch of iPhone and Lala.com (music streaming site), yet the threat of other substitutes is pretty high and Apple will find it difficult to have a sustainable position in MP3 players. Complements:- The launch of iTunes Desktop software and iTunes Music Store was very instrumental in helping the growth of iPod. The sales of iPod shot up by 6 times after the launch of iTunes store.