U12 M2 – Analyse the marketing opportunities and challenges faced by a selected business when using Internet marketing
In this task I will analyse the marketing opportunities and challenges Apple faces by using internet marketing.
Over the years, Apple has gained many benefits from internet marketing. Due to the internet’s high popularity, internet marketing has allowed Apple to promote their products effectively and efficiently which allows the company to create relationships with customers. This is important as Apple must retain their customers, which in the future benefits them as customers will create sales for the business. This is also important because it is an effective way of advertising because the internet has become
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If the homepage is not attractive or professional looking, customers might have a bad impression upon the company and might not be interested to carry on searching on their website
In addition, Apple must keep up with the market, people’s opinions and ideas are always changing and it is important that Apple recognizes these changes to keep up with the market, as it is these customers who are potential future customers at Apple. Moreover, Apple must consider how safe customers feel using their online website, this is important because the online website is a very successful way of creating sales, and if customers are let down due to low confidence of the security and safeness of submitting payments, then Apple can lose sales and exiting customers. Apple must develop trust inside their customers which can be done by firstly sending customer’s emails from time to time and keeping them informed about any events, releases, updates and sales occurring.
Another challenge Apple has to face when using Internet marketing is that not all people are English speakers. This means that Apple must provide options for people who cannot understand the language, to make customer experience more personal and worthwhile. Apple must be aware of the various cultures and make sure no information is written as such to hurt any member/visitor using their online website. Apple must consider these cultures and aim to make their
Customers of Apple are aware of the product by seeing advertisement and by live streaming press conferences that are held by Apple. The effectiveness of live press conferences is that the potential customers will know what features the product has.
I learned that Apple is a juggernaut when it comes to their technological products and marketing goals. Apple focuses on the needs of customer’s light years ahead of their competition and even before most consumers have realized they want Apple’s products. Through their innovative marketing involving social media, word of mouth, Apple Stores they have convinced consumers about the high value of their product even lending to the formation of a “Mac cult” for its diehard fans. The way ahead for Apple is not to lose sight of its brand loyalty and continue to service the customers and entice them with the brand’s prestige. Even with the death of Steve Jobs, I believe Apple forge ahead to differentiate itself from the markets they are in.
Apple wished to still be a leader in the technology world and target those who live home alone; the following marketing plan will provide the necessary marketing strategies that will help Apple boost its position as still the
Apple (NASDAQ:AAPL) is one of the world leaders in the research, development, marketing, sales and service of personal digital music & video devices, in addition to personal computers globally. Its' innovative music and digital content delivery service, iTunes, has sold over 1 billion songs to date. As of the close of their latest fiscal year the company generated $156B in Sales and generated a Gross Profit of $68B earning a Net Income of $41B (Apple Investor Relations, 2013). The intent of this analysis is to evaluate Apple's strengths, weaknesses, opportunities and threats (SWOT) and provide an analysis of each. The cause, impact and recommendations for each specific strength, weakness, opportunity and threat are provided along with an action plan of how to maximize strengths and opportunities and mitigate the effects of weaknesses and threats. The Apple brand is among the most valuable in the world and its ability to innovate with successive product generations unmatched, yet this has led to a high dependence on its iPhone and iPad platforms, to the exclusion of entirely new businesses. The Apple iTunes platform and ecosystem delivers 30% of all profits and a significant portion of overall revenue, making this single business a stabilizing force in their strategic product and services roadmap (Apple Investor Relations, 2013). Despite these challenges however Apple continues to attain
Issue 02: Apple is a wildly successful company that generates billions of dollars in profits every year. This is one of the strongest examples of how a company with the right strategy, great products, a strong leader and the willingness to take some risks can become vastly successful. The market in which Apple is strong has intense rivalry for market share. Apple is challenged with staying ahead of its competitors and maintaining long-term relationships with its customers. In order to stay ahead of the competition Apple is forced to keep product innovation a top priority. I would maintain a Blue Ocean Strategy to market our product and maintain our competitive advantage (McGraw-Hill Irwin, Page 152). The company has a strong and loyal customer base which will allow Apple to concentrate the focus to highlighting the features of our products. I will not focus on what our competitors can and cannot do; I will focus the attention to the benefits of having Apple products. Strategic marketing campaigns highlighting the different uses and features of the popular iPhone and iPad will headline the campaign.
Apple has done well in focusing on the customer’s needs and wants as it is related to the quality of the product or service as well as price.
Dictators, tyrants and emperors have had a tremendous impact of the making of Western Civilization. In building empires, partaking in wars and controlling the masses, all past leaders had one thing in common: strategies. These strategies helped expand their lands, gain many victories, but especially helped with gaining a loyal civilization. A loyal civilization is the base of a successful dictatorship. The novel, Animal Farm, by George Orwell highlights many strategies used to gain, maintain and control the common people in order to achieve the ideal dictatorship society that the pigs want. The animals begin with a hearty embrace to change and to carry out Old Major’s vision and dreams for an ideal world for the animals. However, once he dies,
This paper comprehensively describes the marketing plan of a charismatic organization Apple Inc. The main focus of the paper is to describe the most important marketing strategies which Apple has espoused from the date of its emergence and different challenges which it has faced from time to time. The paper begins with an introduction to the organization. Apple Inc. is an American MNC; engaged in the business of developing and marketing of IT products. Apple has expanded its business operations all over the world. Every product which Apple introduces has its own target market; it develops marketing plan and strategies for each of its products separately (Apple, 2012). Apple's strengths include strong brand image, financial strength, product and process design, and highly efficient operations management while high prices and inability of up gradation of some products are its main weaknesses. Apple has threats from its competitors, increasing costs, and economic situations but has greater opportunities in entering new markets, making strategic alliances, and bringing innovations through efficient R&D. Before entering new markets, Apple has to analyze the business environment through sensitivity analysis, and then decide a framework for the future strategies.
Since 1976 Apple’s innovation has helped the company become a market leader in computer and mobile electronics. Through this time the company has faced a number of challenges either it be an internal power struggles or criticism from the media for certain aspects of their business model. This report covers five different issues that the company is facing or may face in the future.
Apple Inc. has been dedicated to innovation ever since the company was first formed. Apple's recent breakthroughs were a result of a new technologies convergence upon the "digital hub" strategy (Mortensen, 2010). This strategy has served Apple well; especially during the last few years. The iPad, iPod, and iPhone were all born from this strategy. Furthermore, producing these innovative, user friendly, and design oriented products has earned them a considerable amount of customer loyalty.
Nowadays, Apple has positioned itself to be an innovator in the personal computer industry and Apple has developed by offering modern products compared to its competitors. According to Apple’s mission statement last year, “Apple designs Macs, the best personal computers in the world, along with OS X, iLife, iWork and professional software. Apple leads the digital music revolution with its iPods and iTunes online store. Apple has reinvented the mobile phone with its revolutionary iPhone and App store, and is defining the future of mobile media and computing devices with iPad.” (Business Management,
Has the death penalty become non-effective? For centuries, death has been viewed as the highest form of capital punishment. However, this is strictly dependent on the idea of equivalent exchange. Ideally If a person causes death, in return, they deserve death as well. However, this ideal does not compensate for the pain and suffering that is forced upon the friends and family of the victim. Death is not the only circumstance we must consider. The distress that is forced upon the families of the victims cannot be compensated by simply sentencing the culprit to death. This base ideal of equivalent exchange overlooks these circumstances. On top of this, the judicial system has a very common problem with sentencing innocent people to death. Is this really social justice? Not only do studies show that this form of capital punishment been has proven as overall non-effective; furthermore, judicial inaccuracy has only contributed to the continuation of pain among societies.
Apple is an American multinational corporation which designs, manufactures and markets a range of consumer electronics and software products (Apple Inc., 2008). At the end of last fiscal year, Apple’s worldwide annual sales amounted to $32.5 billion, an increase of 35% from 2007 (Apple Inc., 2008). Not surprisingly then, was Apple voted America’s most admired company, also topping the global survey (Fortune,
It is beyond all doubt that Apple Inc is one of the most successful and well-known companied all over the world nowadays. What’s more, the company is considered to be the leader of the industry The Apple products are of high quality and in high demand on all the markets. Apple services and stores are the gold standards for all the followers and niche players of the industry. Moreover, the majority of Apple customers are extremely loyal to the brands. Once they started using its high-technical products they keep doing it. At the same time the market share of the company is increasing constantly. Probably all the competitors are questioning what is the key to Apple Company’s success. It is important to note that the whole strategy determines the success of the business and the strategic analysis of the company can help to identify the main criteria. Thus, the object of the research paper is to develop a strategic analysis of Apple Inc, including its internal and external environment.
May 25, 2013, a day that would forever change my life. The day that I knew that with a simple piece of paper my life would be filled with endless possibilities. On this day I graduated high school. To some this is not what they would call a milestone in life and that it could be achieved by anyone but to an eighteen-year-old, African American, female, living in a small rural town that is heavy laden with poverty, this is the most memorable moment of my entire life and somehow I imagine that this is how a Muslim must feel on his or her first journey to Mecca.