Preview

smart objective of Nokia achievement

Powerful Essays
Open Document
Open Document
2299 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
smart objective of Nokia achievement
Westminster International College
Module Title: Marketing Management
Programme: BABS
Semester: Four
Academic Year Period: February 2014 – May 2014
Lecturer: Ms Reena Nadarajah
Date of Completion and Submission: 16th April 2014
Presentation dates will be scheduled later on and will be communicated once the registration period is over along with the group membership
Submission Method: Online via Turn It In
Assessment Type: Group presentation
Assignment Question:
You have joined Nokia’s marketing department in the UK and have been asked to recommend a marketing plan for Nokia to ensure continued growth in the future.
You should think about new ways in which Nokia can distribute mobile phones and create alternative revenue streams.
You have agreed the plan will include:
An audit of the marketing environment;
This will include an overview of the internal and external marketing environment as well as an analysis of competition;
A SWOT analysis;
SMART Objectives;
To clarify what Nokia will achieve;
A clear segmentation, targeting and positioning (STP) strategy;
To indicate your chosen market and how Nokia will stand out from the competition;
Proposals for each of the 7Ps;
Your report will explain how you will use or adapt the tools of the marketing mix;
Control and evaluation;
Which will show how you will measure the success of our marketing plan.
Notes
Please read the Case Study of Nokia (placed at the bottom of this document): Do further research on the company and prepare a group presentation on a new marketing plan for Nokia
Assessment requirements:
This is a group assessment. Each group will comprise of 4 to 5 members. For this assignment you are requested to develop a Marketing Plan. Each group must submit a hardcopy of the report. Each member should speak for 4 – 5 minutes
Your report must contain: (Maximum of 3500 words) a cover page the list of group members
An introduction
Main body looking at all the section

You May Also Find These Documents Helpful

  • Powerful Essays

    The objective of this assignment is to conduct an early analysis, identify and evaluate all the marketing factors and develop a DETAILED PLAN with key facts, data and marketing points under relevant headings in preparation and assisting with the major assignment. You are required to conduct research, read widely and draw information from current affairs, and from the relevant sections of the material covered in lectures and tutorials.…

    • 3054 Words
    • 13 Pages
    Powerful Essays
  • Satisfactory Essays

    Marketing Plan Template

    • 269 Words
    • 2 Pages

    Marketing Plan By Charlene McCormack I. Executive Summary 3 II. Introduction 3 III. Situational Analysis 3 A. The Situational Environments 3 1.…

    • 269 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    The report and the presentation should consider the key characteristics of the product, the promotion methods and each component of the adjusted marketing mix. The report needs to evaluate the contribution made towards the organisation’s marketing objectives, strategies and desired positioning.…

    • 737 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    Marketing

    • 384 Words
    • 2 Pages

    Breadth and Depth of Analysis of the Current Marketing Strategy (including ad) for chosen Product/Brand. * Is the current marketing strategy (4Ps) and 3Cs well described and analyzed? * Are the current weaknesses identified compelling?…

    • 384 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Marketing strategy: here the strategy for achieving the objectives will be explained and the target group will be described in detail as well…

    • 6516 Words
    • 27 Pages
    Powerful Essays
  • Powerful Essays

    Btec Business Coursework

    • 8618 Words
    • 35 Pages

    In the following coursework I will be investigating how Nokia market their products and whether these methods of marketing are effective or not. The report will focus on the marketing strategy used by Nokia, how Nokia carry out their market research, market segmentation and other issues relating to how Nokia market products.…

    • 8618 Words
    • 35 Pages
    Powerful Essays
  • Good Essays

    Nokia's Mission Statement

    • 654 Words
    • 3 Pages

    Nokia also wants to strengthen their strategic capabilities in the areas of: (1) consumer understanding, (2) brand recognition, (3) technology and architecture and (4) channels and supply chain (Grant, 2010). This will also help to increase shareholder value by allowing for a competitive advantage when dealing with the above business areas.…

    • 654 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    Nokia is a leading mobile device manufacturer globally and has a high market share. Maximum population in India prefers using Nokia handsets as it is user friendly. It can use its customer’s goodwill and loyalty to diversify in the mobile network market in India. The communications sector in India has transformed into a multi-player and multi-product market that has diverse market size and segments. In order to diversify in to new market, Nokia needs to develop a marketing plan which will give them the idea what factors to be considered before entering the mobile network sector. The marketing plan includes all the factors that need to be undertaken. They are market analysis, competitor analysis, and environmental analysis, and customer analysis, internal and external factors.…

    • 5342 Words
    • 22 Pages
    Powerful Essays
  • Better Essays

    Nokia Analysis

    • 921 Words
    • 4 Pages

    Nokia is one of the largest telecommunication manufacturer companies in the world. They are recognized globally for their reliable and high quality products. Though they are a pioneer in manufacturing mobile phones and the GSM technology, Nokia’s profitability has been on the decline in recent years. A reduction of market share in North America of thirty-five percent in March of 2008 to eight and one tenths percent in April of 2010 highlight’s Nokia’s decline (Wong, 2011).…

    • 921 Words
    • 4 Pages
    Better Essays
  • Powerful Essays

    Our recommendation is not to buy, and just by the low value of the market…

    • 2794 Words
    • 12 Pages
    Powerful Essays
  • Good Essays

    Paper

    • 1377 Words
    • 6 Pages

    In 1992 Nokia’s main business units were Nokia Consumer Electronics (31 per cent of total sales),…

    • 1377 Words
    • 6 Pages
    Good Essays
  • Powerful Essays

    For this assignment, I chose the company NOKIA. Now Nokia is a mobile telecommunications company, which offers far more than just mobile phones for day to day use. Nokia offers networking solutions for businesses that help businesses stay connected and communicate with each other at all times and places. Nokia also offers special mobile phones with exquisite and unique functions and options. In this project, first I will talk about what Nokia is and what they do. I will also mention their history, from where they started to where they are today. Vision, goals, and their strategy will also be stated by me, I will also mention about their wide range of products and services offered for the regular consumer, businesses, and service providers. Nokia’s success benefits are some advantages they have in the market. These include the advance technology and features, as well as services they offer to their consumers. However, like any other company, Nokia too has weaknesses, but these are minimal, and almost only come down to their competition. Lastly, I will talk about their informational business model. This model includes Nokia’s work organization, control system, industrial relations, human resources, business strategy, and finally, enterprise organization. We will look closely at and discuss all of these elements, and why we think that they are relevant to Nokia.…

    • 2928 Words
    • 12 Pages
    Powerful Essays
  • Satisfactory Essays

    Nurc

    • 444 Words
    • 2 Pages

    Marketing Management, 14th Edition, by Philip Kotler, Kevin Keller, Prentice-Hall 2012, ISBN-10: 0132606224 • ISBN-13: 9780132606226…

    • 444 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Nokia's Pricing Strategy

    • 737 Words
    • 3 Pages

    Let us see how Nokia leveraged it segmentation strategies, appealed to various segments with uniquely designed messages and differentiated between its products at every level to communicate and connect effectively with the intended target audience. When Nokia positions its product to the top end segment, it does it as a classy product. To the middle segment customers it is in the form of the best alternative. To the lower end segment, the carrot is that Nokia gives real value, as a high tech product, at low affordable price.…

    • 737 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Mobile Phone and Nokia

    • 1588 Words
    • 7 Pages

    ■ Researching and selling to a different market (in case of saturation or poor market share)…

    • 1588 Words
    • 7 Pages
    Good Essays