Preview

Marketing Strategy; Nokia

Satisfactory Essays
Open Document
Open Document
1476 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Marketing Strategy; Nokia
Slide 3:
NOKIA Nokia Corporation is a Finnish multinational communications corporation, headquartered in Keilaniemi, Espoo, a city neighboring Finland's capital Helsinki. Nokia produces mobile phones for every major market segment and protocol, including GSM, CDMA, and W-CDMA (UMTS). Nokia has sites for research and development, manufacturing and sales in many continents throughout the world.

Slide 4:
Nokia Nseries On 27 April 2005, Nokia announced a new brand of multimedia devices at the press conference of mobile phone manufacturer in Amsterdam. The first three Nseries devices introduced at the conference consists of N70, N90 and N91. Nokia Nseries is a product family consisting of multimedia smart phones. With Nokia Nseries products, consumers can use a single device to enjoy entertainment, access information and to capture and share pictures and videos, whenever and wherever they want. The first Nseries device, the N90, utilized the older Symbian 8.1 OS, as did the N70. Subsequently Nokia switched to using SymbianOS 9 for all later Nseries devices (except the N72, which was based on the N70).

Slide 5:
Industry Analysis As per the latest reports, number of mobile subscribers in India has crossed the 250 million mark. Mobile phone production in India was expected to grow from 31 million units in 2006 at a compound annual growth rate (CAGR) of 28.3 per cent to reach 107 million units in 2011. Handset Market Share Nokia: 59.5% Sony: 8.1% Samsung: 7% Motorola: 5.9%

Slide 6:
Lifecycle : Globally Nokia’s market is at maturity, where as in India it is still in the Growth stage.

Slide 7:
Competitive Analysis Nokia and Sony Ericsson are two leading mobile manufacturing companies operating worldwide. The high performance Nokia N-Series has got several members like Nokia N70, N71, N72, N73, N75, N76, N77, N80, N90, N91, N91 8GB, N92, N93, N93i, N95. N-Series mobile handsets incorporate fun features like high resolution cameras (2-3.2 mega pixel cameras),

You May Also Find These Documents Helpful

  • Best Essays

    HRM587 Course Project

    • 2598 Words
    • 8 Pages

    Nokia Corporation was founded in 1967 as a technology corporation that worked hard in the industry to introduce cellular phones in the market, very specifically in the 1970’s when cellular phones were invented and gotten so much attention from consumers. Nokia was the leader in the market for large number of years until 2007 when smartphones took over the old cellular phones. After 2007 Nokia became the follower instead of continuing to be the leader in the industry, and that is all because their products of smartphones did not have…

    • 2598 Words
    • 8 Pages
    Best Essays
  • Powerful Essays

    Case Study: Nokia 2010

    • 6047 Words
    • 25 Pages

    Nokia relied upon their strategy to build solid, high quality mobile phones with basic features at…

    • 6047 Words
    • 25 Pages
    Powerful Essays
  • Best Essays

    Nokia Nseries are multimedia Smartphone, owned by Nokia corporation. These kind of mobile devices have been launched since 2005 with the purpose mainly for entertainment and communication, and, nowadays, they support many digital multimedia, such as music player, video capture, photography, mobile gaming and internet services. Nokia is one of the world leaders in mobile communication, and is very well known company, producing and selling its products worldwide. Nokia generated a very large profit during 2005 to 2007 period. This can be seemed as the boom of multimedia Smartphone. However, it has been stated that the operating profit of Nokia has been dramatically dropped since 2007. This might be the results of changes in macro environment and an increase in competition. This report will provide overviews of the micro and macro environments which have affected Nokia Company, in particular, the sales of Nokia Nseries. Furthermore, this report will illustrate the…

    • 2070 Words
    • 9 Pages
    Best Essays
  • Better Essays

    Nokia Marketing Strategy

    • 826 Words
    • 4 Pages

    1. Executive Summary Mobile phone market in Europe is going through major changes. Key players are losing market share while new and young companies, mostly from Asian countries, are coming to the market. At the same time the market is slowly expanding when people are buying more phones than ever. The whole process of buying mobile phones has changed in the last few years. People no longer carry the same phone year in year out, but they change their phone every year, some even twice a year. One reason for this change is the fast technological development of the phones. But also consumer’s attitudes towards mobile phones have changed. Mobile phones are no longer seen as expensive, hi-tech products, but they have become accessories like jewellery or a piece of clothing. “Nokia is still the largest mobile phone company in the world, but its long-term dominance is now challenged more than ever. Observers have begun asking whether the cutting edge that has turned Nokia into the No 1 vendor still exists, as Nokia’s market share and revenues have been on the decline. Falling average sales prices (ASPs) and market share have had an impact and forced Nokia to further re-think its strategy towards developed and emerging markets.”1 This report gives an overview on what is happening on the mobile phone market today and analyses Nokia’s market position in the mature European market. This report includes a brief introduction to Nokia followed by an environmental analysis, SWOT analysis and trend analysis of the company. Half way through the report you can find information about consumer behaviour, brand profile and segmentation. At the end, this report introduces the main competitors and analyzes the competitive market. Finally we try to make a conclusion of the topics discussed and attempt to give some possible answers to the question at hand.…

    • 826 Words
    • 4 Pages
    Better Essays
  • Good Essays

    Executive Summary ......................................................................................................................................................... 2 Introduction ........................................................................................................................................................................ 3 The pains of Nokia............................................................................................................................................................ 4 Elop's decision and underlying thinking ................................................................................................................ 5 Option 1: MeeGo and Symbian .................................................................................................................................... 6 Technology (operating system) ................................................................................................................... 6 Ecosystem ............................................................................................................................................................. 8 Option 2: Android ............................................................................................................................................................. 9 The business case............................................................................................................................................... 9 Option 3: Windows Phone ......................................................................................................................................... 10 Technology (operating system) ................................................................................................................ 10 Ecosystem…

    • 5692 Words
    • 23 Pages
    Good Essays
  • Satisfactory Essays

    NOKIA ENTREPRENEURSHIP

    • 294 Words
    • 2 Pages

    COUNTRY REPRESENT •Finnish Company •Nokianvirta river Nokia, Finland YEAR OF BIRTH  Company started in 1865 as wood pulp mill.  After 1963 Nokia started producing radio telephone COMPANY PRODUCT   Early products: Wood pulp Rubber Cables and Television Main Product: Mobile Phone, Smart Phone, Mobile Computers, etc. FOUNDER OF THE COMPANY •The company was initially founded by Fredrik Idestam in 1865 •But it was later converted into a share company with his trusted friend Leo Mechelin EARLY STORY In…

    • 294 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    NOKIA MARKETING PLAN

    • 2692 Words
    • 11 Pages

    Nokia is a multinational company headquartered in Finland. It employs a total of 123,553 people worldwide and sells its products in over 160 countries. Nokia has Research & Development Departments in 16 countries with 17,196…

    • 2692 Words
    • 11 Pages
    Powerful Essays
  • Powerful Essays

    The Nokia N series is a branded range of mobile phones. This product consists of the N70, N90 and N91. Nokia N-series is the predecessor of new mobile product groups through the an attractive designed, and simple device. The Nokia N- series phones support print-quality photography and high quality video recording. In addition, Nokia N-series mobile phones offer a rich music experience. The Nokia N-series range is a good choice for consumers who want to be mobile having a portable gadget with an elegant design at that time.…

    • 1203 Words
    • 5 Pages
    Powerful Essays
  • Satisfactory Essays

    Nokia is a world leader in mobile communications, driving the growth and sustainability of the broader mobility industry. Nokia connects people to each other and the information that matters to them with easy-to-use and innovative products like mobile phones, devices and…

    • 871 Words
    • 4 Pages
    Satisfactory Essays
  • Powerful Essays

    Nokia case study

    • 1825 Words
    • 16 Pages

    Nokia appears to be the world’s leading mobile handset manufacturer from 1998 to 2011. For acquiring…

    • 1825 Words
    • 16 Pages
    Powerful Essays
  • Good Essays

    Micromax Report

    • 4421 Words
    • 18 Pages

    The Indian Mobile handset industry has been growing steadily and posting healthy figures. According to Telecomm Regulatory Authority of India (TRAI), India is second largest and fastest growing telecomm industry in terms of number of wireless connections. The Total revenue generated in 2011-12 is 31,215. It drops by 5%. But it is expected that Indian handset industry will grow at 10.7% compounded annually till 2017. Based on the total sales top 5 players in the Indian mobile handset landscape are:…

    • 4421 Words
    • 18 Pages
    Good Essays
  • Powerful Essays

    Nokia evaluates alternative solutions to drive better management of electronic waste With regulators introducing taxation on electronic waste, Nokia has taken a proactive stance, exploring solutions to assist the company to prepare for possible future legislation. The report on deposit models that it has developed with the help of Accenture looks at how end-of-life mobile phone returns can be increased. New leasing models that encompass manufacturers, operators and consumers were also reviewed in this project. Client Profile Nokia is a global leader in mobile communications whose products have become an integral part of the lives of people around the world. Every day, more than 1.3 billion people use their Nokia to capture and share experiences, access information, find their way or simply to speak to one another.…

    • 1217 Words
    • 9 Pages
    Powerful Essays
  • Powerful Essays

    Why Did Nokia Failed

    • 1417 Words
    • 6 Pages

    One of the reasons for Nokia failure is on one side that Apple redefined smartphones with touch screen and Blackberry with email the other side, Android proved that software matters more than hardware. Nokia couldn’t success to respond to these trends. In 2008, brands like Samsung, HTC, and Sony found roots to extend their market. When every manufacturer…

    • 1417 Words
    • 6 Pages
    Powerful Essays
  • Satisfactory Essays

    Nokia Swot

    • 314 Words
    • 2 Pages

    Nokia’s high-end devices are weak, lacking appealing touch screen and sleek designs compared with the products of its competitors.Moreover,most of smartphone’s value is now in software and data services.Nokia’s strength is producing handsets but its software platform is regarded technically inferior. Turning a hardware-maker into a provider of software and services is no easy undertaking.So it is hard for Nokia to found a way to shift from hardware to software.…

    • 314 Words
    • 2 Pages
    Satisfactory Essays
  • Better Essays

    The market plan of Nokia

    • 3600 Words
    • 15 Pages

    Nokia is famous all over the world as a successful mobile phone manufacturer. It keeps being the leader in the mobile telecommunications…

    • 3600 Words
    • 15 Pages
    Better Essays