M2 Topic 3 Processes of Marketing - Apple/Domino case study Flashcards
what are Apples strengths (5)
strong global brand strong customer loyalty own operating system Apps and the App store High profitability from iphones
what are Apples weaknesses (2)
High price relative to competitors
Criticised for lack of innovation
what are Apple’s opportunities (3)
expansion of operations to India to avoid tax and access the Indian market
Promotion of older iPhone models to compete in India
Expansion of Apple pay to international market
What are Apple’s threats (2)
increased competition from Asian brands (Huwawei,oppo)
Growth of Samsung
how does Apple complete market research
Apple surveys iPhone buyers monthly, to reveal what drives customers to buy Apple iPhone’s compared to other smartphone brands
what are Apples marketing objectives (2)
Increase market share in India by 10% in the next 12 months by securing agreements with the Indian Government
Increase online sales by 15% in the quarter by offering price discounts
what is Apple’s target market campaigns like
Mass Market:
- 2015, “Shot on Iphone” campaign show cased images taken by iPhone users marked on billboards, television and social media in 25 countries
what market strategies has Apple planned to use in order to market the iPhone 2018 (3)
Multiple positions, price points
Position 1: Sept 2018, release iPhone Max Xs: as the largest most expensive phone (flagship phone) [$1800(256gb) - $2400 (512gb) AUS]
Position 2: Sept 2018, release IPhone Xs: as the smaller less expensive version of the iPhone Xs Max [$1630(64gb) - 2200 (512gb) AUS]
Position 3: Oct 2018, release iPhone Xr as a updated version of the i Phone X (uses old gen tech) [$1230 (128gb) AUS