Nokia Product * NOKIA’S Thinking: A good product sells itself. Price * NOKIA uses a pricing strategy that best suits the product. * Like It has the cheapest phones like NOKIA 1100 and costly phones like NOKIA Lumia. Place1 * Nokia has opened its retail outlets ‘Nokia Priority’ as well as many authorized dealers at various places. Promotion * Advertising‚ selling‚ sales promotion‚ public relations‚etc. are the major weapons of marketing. Samsung Product * Samsung
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competenceswere chosen from Nokia: quality‚ price‚ services/functions‚ and brand image. 5.1 Quality The high quality of Nokia’s products and services enables the company to takeadvantage of environmental opportunities or neutralize environmental threats. Theseresources add value to Nokia’s customers and leads to customer satisfaction and loyalty.This strength is developed by Nokia’s well controlled value chain. Even though quality isa valuable resource for Nokia‚ it is not uncommon in the
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brand. Some of the various tools used by Nokia include: Public relations and press releases Sponsorships Events marketing High value for money Brand Value: It is the job of estimating the total financial value of the brand. The brand valuation is done on yearly basis for all ht global brands that have value greater than $ 1 billion. Nokia is one of the top 10 brands in the world for past several years here is the brand value of Nokia in past 5 years: Year Position Brand Value
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Nokia’s Corporate Culture Challenge What are the corporate culture challenges along with other challenges that Nokia face in keeping up with other competitor in the market? Introduction to the Nokia Corporation: The Nokia Corporation is a multinational telecommunication Phone Company that locates its headquarters in Finland. The company is involved in the manufacturing of mobile phones in conjunction with Internet and communications service providers‚ having more than 130‚ 000 employees in
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that‚ of the 6 billion people in the world‚ about 4.8 billion people own a mobile phone. This figure shows how useful cell phones are and how common it has become to own one. Mobile phones should not be banned in public places‚ reasons being it is very useful during emergencies‚ its several features and applications have become indispensable and banning it would kill the very purpose for which one purchases it. Mobile phones can be a handy little device to own. It is especially useful in the time
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MARKETING MANAGEMENT November 2007 Nokia cell phones have been arranged into four different categories‚ according to use‚ price‚ need etc. The four categories are Multimedia‚ Business‚ Lifestyle and Connect and each category contains several different phone models. Here for this exercise‚ I shall evaluate these different business units in relation to the 4Ps model of marketing. 1) In what way are the 4P issues different in Nokia ’s different mobile phone business units? The business units
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The Adoption of Mobile Phones in Emerging Markets Arslan Khalid Rai Section E Lahore School of Economics Table of Contents Chapter 1 Introduction Thanks to increased connectivity‚ low cost and various benefits of using mobile phones it has become the most sought after technology in human history. In developing nations consumers are hungry for new technologies that give them an edge over their competitors such as video‚ sms services and location services. By
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SWOT Analysis of the Company: Nokia Strengths: - Nokia has largest network of distribution and selling as compared to other mobile phone company in the world. It is backed with the high quality and professional team in the HRD Dept. The financial aspect is very strong in case of Nokia as it has many more profitable business. The product being user friendly and have all the accessories one want that is why is in great demand making it No-1 selling mobile phones in the world. Wide range of products
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Nokia Cultural Changes Brenda Boakye Westwood College May 13‚ 2013 Nokia began 150 years ago in Finland. Before they for were known as a telecommunications company‚ they were known for a lot more. Nokia was founded by Fredrick Idestam and began as a paper mill. Nokianvirtra River was the location of the second paper mill plant which opened in 1871 and later the name of the company. Nokia has made everything from galoshes to tires. In 1898 Eduardo Polon founder
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Prepared by Elshan Imanli The Problem Of Nokia Company Introduction Nokia has a long history of successful change and innovation‚ adapting to shifts in markets and technologies. From its humble beginning with one paper mill‚ the company has participated in many sectors over time: cables‚ paper products‚ tires‚ rubber boots‚ consumer and industrial electronics‚ plastics‚ chemicals‚ telecommunications infrastructure and more. Most recently‚ Nokia has been best known for its revolutionary wireless
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