preview

Consumer Behaviour: Consumers Perception of Blackberry Phones

Best Essays

BUYER BEHAVIOUR
MODULE CODE: 4MAM7A41 MODULE LEADER: FRANK AUTON
GROUP COURSEWORK ASSIGNMENT
“INVESTIGATING THE BLACKBERRY MARKET SHARE DECLINE”

CHERRY NAIR 135803821
DESPINA LAZAROGLOU-BRIANI 13501130
FATIHI AGBAJE 13204792
DIMITRIS KASIDOKOSTAS 13534381
GREGORY ZAKHAROV 13556886 WORD COUNT: 3856

Index

Executive summary 3
Introduction 4
Objectives 6
Research Methodology 8
Research Analysis and Findings 9 Decision Making Process 9 Means-end Chain model 13 Fishbein Model 15 Attitude Theory Model 17
Conclusion 19 …show more content…

More specifically RIM reported that its market share has dropped from 14% to 12% in the second quarter of 2009, selling 13.3 million, a number that can be considered low in comparison with the 14.5 million devices that were sold in the first quarter of the same year (Goldman, 2009).
Blackberry focuses its strategy on two specialist segments i.e. the business/enterprise customer segment and the youth/texting segment. These segments were the ‘early adopters’, however their relative size is now shrinking due to wider segments purchasing smart phones. Even though the overall smart phone market is strongly growing (50-75% growth), Blackberry is facing a massive rejection of its products (Brady and Miller, 2010).

Our report analyses what RIM has failed to do in order to ensure the continued and increased patronage of their customers when sales declined. We also recognized the features that made the product a force to be reckoned with in its industry in the first place, while finally looking at where Blackberry stands in the mind of its primary target market, its current consumers and also all the other potential customers and recommend how it can turn around its decline.

Objectives

Main Objective:
What are the reasons for the sharp decline in Blackberry sales?
Sub-objectives:
* How do consumers perceive Blackberry? * What is the current brand position of Blackberry? * What is consumers’ motivation to buy a specific mobile phone

Get Access