Samsung Target Market Analysis

Marketing plan Is important to the company because it is mainly focused on success, and that lack of a marketing plan will lose the company a lot of money Samsung is characterized by a variety of production areas where it applied its Samsung has pursued multiple ways of selling and marketing its electronic products because it aspires to excellence and development in technology and continues to sell according to customer taste.  First, (Understanding the Market) Samsung went to the electronic field when it noticed that the market needed electronic devices.  Secondly, I looked at (selling) Samsung realized what the market needs and the quality of its service to consumers. Now it has 25 production centers and 59 sales branches.  Thirdly, (understanding the customer's need) which clarifies the meaning of "digital convergence", which is linked to important devices in human life, such as home appliances, smart phones and office equipment.

For question 2 Blackberry has a history of working with professionals providing them phones of their choices. BlackBerry is well aware of the fact that the business class will be the potential buyers of the phone so why not focus only on selective promotion rather then being distracted in different directions. When you know your buyers then why not focus on them and look for the prospective profits that can be earned from the selective sector. Question 3 Blackberry is going to market and advertise it's phone to the 'Power professionals' through digital media and social schemes. It's ads will be found where ever the business professionals go to search for information gathering.

SWOT Strengths Opportunities • Apple has a highly reputable company that is known for creating simplistic yet technologically advanced products that usually go on to generate a large amount of sales. • The apple watch runs on the latest iOS software and is able to wirelessly connect with other apple products. • Apples announcement of the release of the apple watch had popularised the market of smartwatches and also taken it to another level with the many features of the watch that can be done with an iPhone. • Apple has a massive loyal consumer population that has formed into a community, strengthening the relation between apple and its consumers. • • The apple watch has popularised the market of smartwatches which is something companies like Samsung could not do.

Vocollect Voice technology is helping them save time and cost as shipments will be organized automatically in stores and distribution center, via the technology just by giving voice commands to the system. b) Management Information system: Lululemon using product life management system is helping them analyze their product life cycle efficiently. It is easier to assess which product stands where and what marketing strategies they need to conduct in future to increase the sales for the particular product. Question C Supply Chaining: Creating yoga lines is an example of supply chaining. As they must have given production unit to a specific supplier which produces all the clothing supplies for Lululemon Outsourcing: Lululemon using Vocollect voice technology is an example of outsourcing as they are using their services via their networks in order improve communication and speeding up the process in their distribution centers Question D Porter’s Competitive Forces Model *Threat of New Entrants: Providing free yoga classes in Lululemon store is a very unique service provided by any clothing manufacture.

Marketing has become one of the most important factors for a company to be able to implement. It could simply make or break the companies’ success. One company that uses marketing in a variety of ways is Vera Bradley. They create, communicate, and deliver value in a very well represented way. Vera Bradley’s mission states is, “To design, manufacture and internationally market a distinctive line of superior quality handbags, travel items, stationery, eyewear and accessories that convey the Vera Bradley image and unique lifestyle.

1. General business strategy 1.1. General business philosophy Samsung work with the aim of developing innovative technologies and provide people with efficient processes so that regularly new markets are created and they continue to rule the digital work. They follow five core values including: • People: Samsung gives all the resources and opportunities their people need to give their best. • Excellence: Samsung makes sure to provide their customers with excellent products and services.

We see it everyday: our favorite caffeinated drinks are back in season, hip and trendy outfits flaunted in display windows, aesthetically pleasing advertisements for the newest smartphone. Naturally, we want it all. In today’s society, we are taught that it is okay to spend and purchase to our heart’s desire. We reap what we sow, but did we really sow it? In the recent years, many people began to see that our everyday commodities have a dark side—they are made through the suffering of others.

Especially in a region like Asia and Europe. We able to know how to operate our business of selling cell phones " Orange company" in a proper way due to having the experience of running the business in the past in the Simulation game. It gave us the idea how to manage the business and helped us to improve our skills, abilities, strategies, products and other things in a business. Also, it helped us to know that there are different departments in our company such as a department of the Market, a department of the products, Customer care, and R&D. There is a possibility that maybe if one department is not available in a company it can impact badly on the whole business.

Marketing communications are known as the most visible aspect of the marketing mix that helps to enhance the brand awarness of the company. In order to prosper in the long term, any company needs to develop an effective marketing campaign to maintain the interest of the existing customers as well as to attract the potential buyers (Cai & Huang, 2011). Mass marketing is highly effective tool to catch the attention of the million buyers, however it will not help to construct the relationships with them. Therefore, the more personal communications needed, such as direct marketing, to understand the consumer’s needs. However, the integration of communication tools helps to overcome both challenges, as the mix helps to create the brand awarness

But you may end up dating someone who isn’t a lifter (yet). Use your words cautiously around women who aren’t familiar with the culture, or lingo. Before you know it, you’re taking her to your gym and saying things like, “that’s a great looking snatch.” Despite being a compliment no matter the interpretation, she may be put off by it. If you plan on introducing her to your world, ease her into it. Even better, let it be her idea.