Hewlett Packard Marketing Mix
Introduction
The Hewlett-Packard Company was originated in January 1939 by Bill Hewlett and Dave Packard, two Stanford University classmates. The company incorporated in 1947. Mr. Packard was appointed as the President and Mr. Hewlett as the Vice President.
The company’s foundation was supported by the demand for electronic equipment and microwaves. Gradually, HP has concentrated its offerings in software and technology services. Hewlett Packard went public in 1957 at $16 per share. In 1980, HP introduced the first personal computer (PC), the HP-85; the first handheld computer HP 75C; and the first touch screen PC HP-150. The company merged with Compaq in 2002.
Product
* Hewlett Packard provides
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People * Hewlett Packard has approximately 321,000 employees. * Mark V. Hurd is the chairman, president and chief executive officer. * Hewlett Packard hired Davis Shirk in 2010 to run its worldwide marketing for its business enterprise unit. * HP founders based their corporate culture on the integration and reinforcement of critical opposites, known as the Hewlett-Packard Way - creating an environment that celebrates individualism, but at the same time one that is also wholly supportive of teamwork. * Hewlett Packard provides a career development website to help guide its upwardly mobile employees. * HP partners with other organizations such as InRoads and GEM to expand minority employee representation. * Hewlett Packard provides chat, phone and email customer service options.
Physical Evidence * HPs’ “One Voice” project has a goal of developing a fresh design to its packaging while staying on brand across thousands of product lines and dozens of packaging types. * Hewlett Packard boasts on of the most thorough company websites online with a wealth of content ranging from an overview of products to philosophy and customer support. * Since 1989 HP has worked to develop environmentally responsible packaging, recently the company teamed with the UC Santa Barbara Bren School of Environmental Science and Management and IoPP to create an up-to-date guideline for the electronics industry.
Process
HP didn’t slow down growth at all during the 1970’s. HP introduced the world to the first handheld scientific calculator in 1972. This device has recently been regarded by Forbes
Preston (2001) cited early on of HP’s recognition of the need to combine environmental sustainable practices into its core business strategy and its commitment to becoming an ecological leader in the 21st century. The company’s leading sustainable efforts are illustrated through its installation of an EcoPOD next-generation data centre in Georgia, USA earlier this year which is ‘currently the most efficient data centre in existence and can decrease energy consumption by 95% in contrast to traditional services’ (Interbrand, 2012). Furthermore, according to the Hewlett Packard company website, the enterprise has also delivered on its environmental goals which included reducing the energy use of HP products and associated greenhouse gas emissions to 40% below 2005 levels by the end of 2011- the company reduced it to 50% and accomplished it nine months
For big companies like Hewlett-Packard is very important to set goals and after reading more about his company, now I know why it has become one of the most important companies in the world.
All of these technological advances by HP receive the attention of Japan and China where HP expanded in hopes of continuing to invent newer and better technologies in the future. Since the 90’s HP has gone on to invent many other firsts like the first all-in-one device and is the first company to recycle ink cartridges. They have also acquired many smaller companies like Snapfish and Compaq to grow the company to being one of the industry leaders in personal computing. (Hewlett-Packard, 2013).
Packaging’s dual role is what makes it a truly unique marketing tool. Unlike other forms of communication which tend to be fleeting, packaging plays a crucial role not only at the point of sale, but also after the actual purchase of the product. “The packaging has to provide consumers with the right cues and clues – both at the point of purchase and during usage. The first moment of truth is about obtaining customers attention and communicating the benefits of the offer. The second moment of truth is about providing the tools the customer needs to experience the benefits when using the product” (Löfgrun, 2005, Winning at the 1st… pg 113) The Point Of Sale (The 1st Moment Of Truth) The importance of making an impact at the point of sale cannot be underestimated. “A recent Point of Purchase
Hewlett-Packard: Develops, assembles, and sells computer hardware and printers. The firm outsources many of its computer and printer components.
Additionally, HR Consultancy has a strong understanding of the Call & Contact Centre market. We have gained significant experience over the years and are focused on building strong long term
Hewlett-Packard was founded in 1939 by two men, Bill Hewlett and Dave Packard who met in the 1930s while studying at Stanford University. Hewlett-Packard is and has always been a highly innovative company that thrives
HP Inc. is the larger successor of Hewlett-Packard in terms of revenue. It recorded US$57.3 billion in revenue in 2014, compared with Hewlett Packard Enterprise 's US$53 billion. 50,000 employees will work at HP Inc., and Dion Weisler has been announced as CEO of the new company created as a result of the Hewlett-Packard Co. separation.
• HP culture was innovation-driven and had an incentive structure that rewarded innovation and not the commercialization of the investment.
It also conducts Career development practice to help employees to showcase their skills, providing career guidance and career development activities.
However, though Fiorina’s tenure was not a perfect one, board members of HP insisted Fiorina was correct in her vision and strategic plan for HP. Reviewing the company figures, although Fiorina did not meet her own financial target, and the market share of the most lucrative printer business has decreased, HP has obtained larger market share of personal computers (from 7.7% to 15%) and servers ( from 14% to 31.7%) from 1999 to 2004.
Sweden 's Hennes & Mauritz, more commonly known as H&M, is a retail-clothing company, famous for its reasonably priced “fast fashion.” With 6 different brands sold in 3,300 stores spread out over 54 countries, the company is second only in size to its direct competitor Zara. H&M uses psychographic segmentation, targeting at customers who belong to the group of fashionable and trendy consumers, who see shopping as a social activity providing pleasure in their daily life.
Hewlett-Packard is a global technology company and after its merger with Compaq it became world 's biggest computer hardware and peripherals company in the world, ranking 20 in the Fortune 500 list. Company is doing business in more then 170 countries including the ones that are developing and under-developed. Being a large company gives HP many advantages like dominating the market for printers, both laser and inkjet, and both for consumers and companies using the economies of scale. The company is also taking an active role in developing the capacity of new markets all around the world, engaging with other multinational corporations, non-governmental organizations and other world
Hewlett Packard began in 1939 in Palo Alto, California. The company was founded by Bill Hewlett and Dave Packard who were friends at the time and remained that until both of their passing. Hewlett Packard has been a leader in technology that encompasses globally, into space exploration, the entertainment industry, the medical industry, the hospitality industry, and many others. In the early 2000’s, the economic landscape was changing globally and Hewlett Packard was beginning to feel the financial hardships of a very competitive industry. In an effort to remain competitive, Hewlett Packard and Compaq decided upon a merger that did aid in transforming both companies, but only to a degree.