Today‚ the company is known for its innovation and research. However‚ the HTCbrand still has a weak image compared to its competitors like Apple‚ Blackberry‚ Nokia‚ Samsung and Sony. HTC is now focusing on developing its brand image to grow its market share. This report reviews the current marketing strategy for HTC Android phones. It analyses the marketing mix forth and reviews the areas of weaknesses and opportunities to build upon. Finally‚ the report provides some recommendations for the future
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market and it do provide great advantages on HTC brand management in future. By leveraging HTC’s sales and marketing experiences in Europe and the United States to the Asian market‚ the acquisition will reinforce HTC’s position as the world’s leading provider of smart handheld devices. To maximize the synergies of the acquisition and to implement new joint business initiatives‚ Dopod International’s entire workforce will join HTC. In my opinion‚ HTC is starting to mimic Samsung’s marketing strategy
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INTRODUCTION HTC Corporation‚ formerly High Tech Computer Corporation‚ is a Taiwan-based manufacturer of smartphones founded in 1997. The company initially made smartphones based primarily on Microsoft ’s Windows Mobile software‚ but in 2009 it began to shift its focus away from Windows Mobile devices to devices based on the Android operating system. HTC is also a member of the Open Handset Alliance‚ a group of handset manufacturers and mobile network operators dedicated to the advancement of the
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Barney and Hesterly (2006)‚ describe the VRIO framework as a good tool to examine the internal environment of a firm. They state that VRIO “stands for four questions one must ask about a resource or capability to determine its competitive potential: 1. The Question of Value: Does a resource enable a firm to exploit an environmental opportunity‚ and/or neutralize an environmental threat? 2. The Question of Rarity: Is a resource currently controlled by only a small number of competing firms
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. VRIO The VRIO framework is a set of four questions of: Value‚ Rarity‚ Imitability‚ andOrganization (Barney and Hesterly‚ 2006). It is a tool to analyze company’s resourcesand capabilities to discover their potential competitive advantages or to identifycompany’s internal weaknesses (Barney and Hesterly‚ 2006). The following competenceswere chosen from Nokia: quality‚ price‚ services/functions‚ and brand image. 5.1 Quality The high quality of Nokia’s products and services enables
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VRIO ANALYSIS Barney and Hesterly (2006)‚ describe the VRIO framework as a good tool to examine the internal environment of a firm. They state that VRIO “stands for four questions one must ask about a resource or capability to determine its competitive potential: 1. The Question of Value: Does a resource enable a firm to exploit an environmental opportunity‚ and/or neutralize an environmental threat? 2. The Question of Rarity: Is a resource currently controlled by only a
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HTC quickly emerged on the smartphone scene with the remarkable success of The Sense‚ one of its first models‚ and broke many industry sales records. People were asking‚ “Who is HTC?” Our research indicates that HTC’s rapid rise to success was because of innovation and technological capabilities. Even though the HTC brand was not widely recognized‚ its smartphones were generating interest. In our primary research‚ we discovered that some people owned an HTC phone but did not know that HTC was the
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Resource Based View - VRIO Analysis 1. Tangible Resources a) Financial Resources: * Firm’s cash and cash equivalents- The total cash and cash equivalents of the firm stood at around Rs. 271.5 Crores in the year ended March 2009 (before merger with Kraft). Liquidity is important for a business to factor in for unforeseeable events. The ideal cash reserve requirement can be calculated by taking into account and listing possible unfavorable events and assigning probabilities to them
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Bibliography: |technology and innovation. Thus‚ On February 17‚ 2010‚ Fast Company ranked HTC as the 31st most innovative company in the world[4]. Another | |strong side of HTC mobiles is that the quantity of produced models is over 100 in our days
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Value The Value Delivery Process HTC is one of the leading manufacturers of smartphones. One of the HTC’s key selling points is its ability to enhance the user experience through applications. Since HTC has redesigned their products with the accordance of Google’s Operating System‚ its market share has been increased rapidly. Yet they are designing the high-end smartphones in the industry that are equipped with most advance features in the market. HTC Corp. has decided to become a recognized
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