Marketing -- Distribution and Marketing Planning -- Samsung Galaxy Mini S
Results from the first 3 Modules now allow analysis of their information and development of some final marketing plan elements. Samsung's global position as a technological innovator, extensive distribution channels and significant resources allow an ambitious plan of near-saturation that should capture a significant portion of the target market. The 18- to 44-year-old smartphone-owning early adopters should readily encounter our marketing efforts and a significant number of those targeted consumers are expected to purchase and benefit from the Samsung Galaxy Mini S.
Issues Analysis
Given the complete marketing analysis, the key issues that must be understood by the company in trying to sell the Samsung Galaxy Mini S are:
Organizational Resources (Perner, n.d.): commonly known as the five "M's: Men (meaning labor); Money (meaning finances); Machinery (meaning equipment); Minutes (meaning time); and Materials (consisting of production factors) (Friesner, 2014). As of 2013, it employs approximately 270,000 worldwide (Epstein, 2013), has stockholders' equity of $209+Billion and net annual income of $26+Billion (Samsung, 2014), in approximately 72 nations worldwide (Epstein, 2013), regularly devotes massive sums and time to R&D, manufacture and marketing (Epstein, 2013).
ii. Competitors and their strengths (Perner, n.d.): The clearest threat to successful marketing of the Galaxy Mini S is Apple, Inc.'s iPad Mini (Apple, Inc., 2014). Apple is already a leader in mini tablets, has considerable brand recognition for tablet manufacture and sales constantly innovating to attract that "narrow market" of high-tech state-of-the-art devotees, and has proven itself to be a determined legal opponent regarding patents (Silicon Valley, n.d.).
iii. Different Customer Types (Perner, n.d.): The chosen a target market of early adopters or "innovators" (Perner, Integrated marketing communication - Introduction to Marketing, n.d.). I will choose participants who use smart phones. These participants must own a Smartphone.
iv. New Technology's Impact (Perner, n.d.): It seems the introduction of Galaxy S series will be the ultimate Samsung product to compete in the Smartphone market with its biggest rival Apple iPhone...
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