EXECUTIVE SUMMARY
The mobile phones market is a rapidly growing market through out the world. The UAE mobile phones market is no exception to this. With industry giants like Apple and Samsung dominating the market there are a lot of smaller companies stepping into the race and doing exceptionally well. With a 30% higher smart phone ownership as compared to the global average UAE is an excellent market for mobile phone devices.
Huawei Technologies Co. Ltd. is a Chinese multinational networking, telecommunications equipment and services company established in 1987. With a steady growth, it became the global leader of information and communication technologies (ICT) solutions. By 2009 Huawei entered the Terminals market and started producing
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Sales Director, Marketing Manager and Delivery & Service Manager report to the Consumer Head. Under the sales director there is the COMTEL A/C Manager and under him the SIT A/C Manager. The Asst. Marketing Manager reports to the Marketing manager and the Marketing Intelligence Officers are under the Asst. Marketing Manager. The Delivery & Service Executive reports to the Delivery & Service Manager. The reporting structure of the Huawei Devices department is as given below:
The Mobile Phones Retail Market
The terminal retail market is basically divided into two sectors:
• OR market (power retailers)
Power retailers are those companies having a chain of shops and all of them having common retail strategies and working towards the same target. They are more organized and can be upscale to appeal to full-service, status-conscious consumers.
Example: Jumbo, Sharaf DG, Plugins
• IR market
These consist of individual retailers that do not have a large chain of shops. Usually owned by an individual. They earn profit through selling large quantities at a lower rate than power retailers. 70% of the mobile phone devices sales happen through these
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This is done by checking if all the products (working models and the dummy pieces) and branding material are displayed according to specifications from the company and ensuring that the working models are kept charged and the retail demo mode is running in each device. If the store requires stands for keeping the phones, they are provided. Ensuring the availability of brochures and refilling them if needed. New stands were distributed in each store to display the brochures for Ascend Mate 7.
Collecting supply-demand details:
Collecting supply-demand details for various Huawei models in retail by finding out from the sales staff about the demands of the various models and about their stock/inventory.
Building up a cordial relationship with retail sales staff:
Creating a rapport with the sales staff is extremely important so that they promote Huawei products to the customers and also give us unbiased information about the market. In order to do this, incentives are given and they are occasionally treated to lunch to maintain a good relation with them. Also, this creates a more informal environment where they can open up freely about the problems they are facing. I came to know from a merchandiser that the sales target set by the company is high but the availability of stocks is not at par with the demand, which becomes a hindrance to meeting
These smaller groups are assigned to a particular field of service. Each semi-autonomous group has a group head who is designated as the Executive officer or Vice-President of that particular section. The top executive of a specific section only manages the general activities such as hiring and budgeting of that particular section only. The divisional hierarchy prevalent in the Bank of America has various advantages associated with it.
New companies would want to capture some of the market share and profit. Economies of scale Item purchase in bulk, the company able to benefit from economies of scale. Therefore, allowing them to have the advantage on cost competitive Courts offer a variety of products. If there is
After massive success from the high end luxury retail stores, the company decided to expand its business in the online and off-price categories. This multi channel strategy enables Nordstrom to utilize its inventories and fulfillment warehouses to its maximum potential. Additionally, this multichannel strategy also allows the company to have different offerings for each market segment. Nordstrom now operates their off-price and online channels as well as the full-price. Nordstrom rack is an off-price retailer owned by Nordstrom.
Abstract The purpose of this assignment is to critically analyze the context of Apple’s new product, ‘The Apple Watch’ and prepare a Marketing Feasibility Study in order to assess the viability of introducing in the new product range into the UAE market place. Data Introduction Apple Inc. is an American multi-billion dollar corporation that internationally produces computer software, cellular devices and consumer electronic products. Items such as the iPod, the iPhone, the Macintosh desktop computers and the iPad are easily recognizable by society.
The external business environment consists of a set of external factors, such as economic factors, social factors, political and legal factors, demographic factors, technical factors amongst others, which are not controllable in nature and affects the business decisions of a firm. The external environment includes opportunities and threats which can impact on the marketing strategy of Huawei. As mentioned, marketers cannot control the factors of the external environment. However, they should try to understand the changes in the external environment and assess the impact of those changes on the target market. In fact, a proper understanding of these factors helps organizations to identify potential business opportunities and threats in the international market (Baines et al., 2011).
Discussion: Sales are the most dominating factor for any organization. In any circumstances, sales will always
The Value Chain 4 4. Operations Strategy Implications (Store level) 5 5. Inventory Management and Demand Forecasting 9 6. Supply Chain Management 9 7. Quality Management 11 8.
Salespeople create value for their firms’ customers by advocating and communicating the customers’ needs, desires, concerns, and preferences back to the company and find solutions (Tanner and Raymond, 2010). Also, since the salespeople are experts in regards to their products, they can best advise the customer as to which product is the best fit for them or adapt offerings to fit. In this way, salespeople create value that would not have
Monthly Market Pulse, “Apple has significantly increased its lead over Samsung in the premium smartphone market ($400+) since the launch of the iPhone 7. Over the summer, Apple was selling just over 50% of the global premium smartphones, and Samsung was selling just under 25%. By December 2016, those numbers had grown to 70% and 17%, respectively” (Mills,2017).
Further General Managers, Department Managers, Supervisors and associates
VALUE CHAIN ANALYSIS Of PTCL & MOBILINK Michael Porter Value Chain Supporting Activities of PTCL 1. Organizational Structure 2. Human Resource Development
Pizza Hut was established by Dan and Frank Carney in Wichita, Kansas, USA in the year 1958. Pizza Hut Inc. is one of the prevalent pizza companies worldwide. It was a subsidiary of Pepsi Co Inc. from the year 1977 – 1997. It is a wholly owned subsidiary of YUM! Brands since 1997 to present.
= External Supply chain process Working with suppliers Tesla has around 350 suppliers providing them 3,500 car parts from all over the globe. Consequently, they make sure that they work with the best suppliers. To retain the quality and reputation of the brand.
Every business industry nowadays, whether they are aware of it or not, depends on business strategies that they implement in order to achieve high growth potential. Some businesses, however, tend to forget the importance of maintaining effective sales strategies, therefore, they experience a decrease in sales causing their business to eventually experience some financial difficulties. Gluck (n.d.) describes sales strategy as a plan that allows companies to position their brand or product in order to gain a competitive advantage. Successful sales strategy should create a need by convincing a potential customer that the good is presented to them can solve their problems. This has to be created as a “planned approach to account-management policy
A system to check and balances the benefit of all the board of directors and to avoid some of top management from making decisions that only benefit themselves is created and named corporate governance. Corporate governance means the system of rules, practices and processes by which a company is directed and controlled. The set of rules provided as a guidelines for the board of directors to make sure that accountability and fairness in a company’s relationship with its stakeholders such as financiers, customers, management, employees, shareholders and also society in order to achieve company’s goals and targets in a manner that add a value to the company. All of the stakeholders play an important role in corporate governance to ensure that