Apple is known for its unique marketing strategy which was a brilliant idea by Steve Jobs, CEO of Apple. Apple took aggressive approach in marketing to turn itself into a profitable business organization and dominate the market all around the world. The major reason for the success of Apple is its continuous innovation and catching up to the trend in design, production and marketing. Apple has always focused on delivering the best which was received well by the customers. Even though Apple’s marketing strategy did not consider online digital marketing seriously, off late the company has started to focus on online marketing. Using social media for marketing by Apple for its products is to start off in a big way; they built its own social networking …show more content…
Social Media Marketing
Social media marketing is a part of digital marketing and the use of web, emails, social media platform as a tool for digital marketing of a product.
3.1. Target Audience and Segmentation
Segmentation as per Dibb et al (2001) is the process of understanding the differentiation among customers in the target market so that the organization can understand their needs and the market potential and to build strategy to deliver the product or service to satisfy the customer and increase the profit. iTunes has customer segment from all sector of people irrespective of location, country, language and culture. This is because iTunes has globalized its music, video, books, film content to suit to all languages and people. iTunes is used by all ages including parents and children, teachers and students etc.
3.2. Target Marketing
Target Marketing is about focusing on the segment identified for social media marketing. The targeted group may differ in many ways.
Chaffey et al (2012) have discussed about customer targeting for online marketing. iTunes targets teenagers, students, adults who love music, reading and who love watching movies online. iTunes had music collection of 200,000 tracks when it was launched. As on 2009, it has 10 million songs in its catalogue (Lettice, 2009). And it has sold more than 7 million songs to their customer which is more than 50 million people (Schonfeld, 2009). Goonan (2008) says that Apple’s iTunes holds 70% of online music
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Advertising on social media platform
Social media advertisement has become a necessity for the modern day business. It helps to easily identify potential customers by utilizing the social media information shared by users who have same interest and likes. Social media advertisement has advanced targeting technology, good chance to convert an onlooker into a potential buyer and they can reach a customer through his mobile also (Ganguly, 2015).
Apple has used the popularity of its brands –iPhone and iTunes to boost its computer business. It has continuously used iPhone and iTunes to establish Apple brand in the market. This halo effect using iPod and iTunes has increased the popularity of Apple’s other products among the segments of customers who were eager about Apple’s computers. Marketing Minds (2015) says that since the launch of iPod by Apple, they witnessed more sales in computers. iTunes U has shown tremendous increase in its U track downloads due to its presence in social media (U.S. National Archives, 2015) as shown in Figure
Therefore a marketing strategy is a tool that is used to determine what the customer wants and use the resources available in the organization to meet that need. Apple Inc was incorporated in 1977 and is headquartered in Cupertino, California, USA. They design, manufacture, and market personal computers (Mac), mobile communication (iPhone) and media devices (iPad), and portable digital music players (iPod), and sells related software, services, peripherals, networking solutions, and third-party digital content (iTunes) and applications (App store). All of these are top revenue generating product lines (Hellman, 2014). This report will look at the internal and external environment and current situation at Apple Inc and determine the segmentation, targeting and positioning for their iPad tablet for the Kenyan market.
In a marketing communications strategy the first objective is to identify the target audience. In the case of Kellogg’s they have two main audiences, the purchaser who is the parents and the influencer who is the children. Kellogg’s tend to have specific target audiences for each of their products. For example, Kellogg’s Corn Flakes targets families, Kellogg’s Special K targets women and/or health conscious women and Kellogg’s Coco Pops targets children.
Another reason people to not take music piracy seriously is because they assume that artists can afford to lose the money. While it may be true that many wealthy music artists can afford a significant decrease in their income, music piracy affects every single person whose job is involved in the production and distribution of a piece music. In an age when the majority of people listen to music via the internet, online music piracy poses a threat to the industry that will eventually slow down global music production if it is not properly regulated. Many figures and artists in the music industry acknowledged that the rise in internet use would be revolutionary to music and did their best to seize the opportunity. The iTunes store is an online music archive developed by Apple Inc and launched in January of 2001 that has become one of the most successful and well known services in
Apple Company Apple Inc. is a private company, and it is one of the world 's most famous technology and computer companies, located in the United States of America. It is a multi-national company. Its main business depends on specialization in manufacturing, producing, developing, improving and selling software, smartphones, computers; It has a series of electronic devices, such as iPad, iPhone and Mac. The origin of Apple Company Founded by Steve Jobs and his co-pilot Steve Wozniak, Apple Computer was able to design a computer in the form of the beginning of Apple computers in the time period Between the years 1981 to 1985; since 2005 until now, Apple has seen many developments; successive successes.
Since 2011, Apple had become the most valuable company. How Apple company gets so much success. This essay will introduce to you the organizational structure of Apple and how the company influence their employees.
Apple Inc. strives to limit the time between ordering for the goods and receipt of the same. Normally, long distribution channels do not only influence the pricing of the products, but also the time when the consumers receive the product. Apple Inc. commands a great power in the market because it has differentiated
Apple is one of the well-known electronics brand in the world. Millions of people were waiting in the line to get their new phone devices at the Apple store. This tiny device has many impressive characteristics that attract consumers. Every year the company comes out with new device features with a new advertisement to catch the consumer attention. According to the official website, the first iPhone advertisement was released in 2001.
Their target market is mainly divided into three categories. The first group is of the people who have a high brand loyalty to Apple and are the primary consumers of its product. These people would not only own the Iphone but also other products offered by Apple like the IPod, iTouch and iPad. This group is well aware of the features and benefits of the product and is therefore prepared to pay a greater price for these features. The primary target group of the Apple iPhone belongs to the upper middle or higher social class who can afford to pay for the premium products offered by
targets the younger generations with more advanced technologies for examples teenagers .The iPhone, iPod and mac computers are spread worldwide. The company 's target includes almost all sectors of the society. Its targeted consumer is for younger and the older generation, Boys and girls. They have designed the gadgets colours according to it.
a. The product and production orientation of marketing asserted that a company should first develop product and then they should scan the market for sale opportunities. Now days in the modern world the market have changes. The process orientation of marketing requires a company to first to analyse the market, understand customer requirement and then develop products. In todays world, the modern marketing is based on the reverse process, in which the first the customer needs and demands are identified. The subsequent market program of the firm depends on how the market identifies the potential customer, profiles them, target them and positions his offering in the minds of customer.
3.0 Macro Environment that Effects Apple Social-cultural, technology, economic, political and legislation is the elements of macro environment that effects Apple which are described as below: 3.1 Social-cultural ITunes is Apple’s biggest virtual media store. In general, the image of the Apple also depicts the modern individual lifestyle, combining function and conception, resulting in brand recognition and commitment. In conditions of the demographic features, Apple is targeting the two major generations. One generation is mainly consists of working adults, where they might sustain a higher and stable income to purchase Apple’s expensive and complex equipment. Thusly, the sophisticated and high-tech Apple products would definitely
Then, this company started specializes in much more than just computers. Apple Company invented new products such as iPad in 2001. Therefore, this is a reason that Apple becoming the superiority market leader in music players. In 2007, Apple joined the phone industry with the iPhone. Apple is a huge consumer goods company that evaluating its value requires understanding
This multi-billion dollar company models, develops, and sells high-tech electronics, computer software, web-based services, and PCs. Founded in 1976, Apple’s products have since been desired by millions worldwide. From their mp3 players to their personal computers, and everything in between, Apple has proven itself number one in the technology market. According to NBCNews (2011), Apple is number one because they constantly improve products, have strong relationships with their distribution center, and have sleek product designs. Now, they are outdoing competitors like Samsung, Dell, and Microsoft (TodaysiPhone, 2012).
Introduction BMW (Bayerische Motoren Werke AG) is a German automobile company which was founded in 1916 and is headquartered in Munich, Bavaria, Germany. BMW is now one of the largest car manufacturer in the world for its exceptional level of quality and producing cars with sporty driving characteristics. The BMW company 's slogan in English is "The Ultimate Driving Machine" or Sheer Driving Pleasure" which was originally translated from German slogan which is "Fraud am Fahren.” In addition to cars and motorcycle, BMW also operates an aircraft engine under the brand name which is known as Rolls Royce.
Unilever recognises that it cannot cater to needs of all the consumers present in the market. Consumers are present in a very large number in the market place and they vary greatly in their needs and buying behaviour. Companies also are well aware that themselves vary greatly in their ability to serve various segments of the market place. Unilever is no different from other companies in this regard. It recognises that it is far better for it to cater to certain segments that it can serve the best rather than attempting to cater to the needs of the entire marketplace as a whole.