Professional Documents
Culture Documents
Customer Perception Towards Nokia Cellphones
Customer Perception Towards Nokia Cellphones
Customer Perception Towards Nokia Cellphones
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DEPARTMENT OF MANAGEMENT
PHAGWARA
TO WHOMSOEVER IT MAY CONCERN
His Synopsis represents his original work and is worthy of consideration for
making a research project in the next term.
___________________________________
Date:
DECLARATION
We, " Mr. JITENDER KUMAR, Mr. GAURAV SHARMA, Mr. NITIN
SHARMA, and Mr. JAGMEET SINGH DUTTA”, hereby declare that the work
presented herein is genuine work done originally by us and has not been published
or submitted elsewhere for the requirement of a degree program. Any literature,
data or works done by others and cited within this synopsis has been given due
acknowledgement and listed in the reference section.
_______________________
Date:__________________
INDEX
1. HISTORY OF NOKIA
2. INDUSTRY PROFILE
3. COMPANY PORFILE
4. RESEARCH OBJECTIVE
5. HYPOTHESIS
6. RESEARCH METHODOLOGY
7. LIMITATIONS
8. ANALYSIS
9. FINDINGS
10.SUGGESTIONS/RECOMMENDATIONS
11.CONCLUSION
BIBLIOGRAPHY/WEBLIOGRAPHY
ANNEXURE
INTRODUCTION
NOKIA is a Finnish multinational communications corporation that is
headquartered in Keilaniemi, Espoo, a city neighboring Finland's
capital Helsinki. Nokia is engaged in the manufacturing of mobile devices and in
converging Internet and communications industries, with over 123,000 employees
in 120 countries, sales in more than 150 countries and global annual revenue
of EUR 41 billion and operating profit of €1.2 billion as of 2009. It is the world's
largest manufacturer of mobile telephones: its global device market share was 30%
in the third quarter 2010, down from an estimated 34% in the third quarter 2009
and an estimated 33% in the second quarter 2010. Nokia's estimated share of
the converged mobile device market was 38% in the third quarter, compared with
41% in the second quarter 2010. Nokia produces mobile devices for every
major market segment and protocol, including GSM, CDMA, and W-
CDMA (UMTS). Nokia offers Internet services such
as applications, games, music, maps, media and messaging through
its Ovi platform. Nokia's subsidiary Nokia Siemens Networks produces
telecommunications network equipment, solutions and services. Nokia is also
engaged in providing free digital map information and navigation services through
its wholly-owned subsidiary Navteq.
RESEARCH OBJECTIVE
Geographical boundaries due to economic liberalization in the last few years have
led to intense competition pressure in the telecom industry. A number of players,
flushed with capital have entered the market and a dynamic corporate strategy to
face the implanting challenge is of vital importance. Our research objective is
HYPOTHESIS
The research has to be approached through various hypotheses to get the answer of
our research problem. The following are considered to be the hypotheses for this
research:
( BY: ET BUREAU ):- this case related to Brand rise and fall: What does it
say about consumer trust?
In 2008 ET Bureau said that the taste of consumers are continuing change according to taste and
habit but some time they want to improvement and some modification in their product , merely
signify small changes in consumer perception year on year? Or do they harbour larger trends that
show how the consumer’s outlook on the relative importance of brands, and after this making a
unique brand equity about particular product ,
The most obvious finding — and for marketers , the most reassuring one — is that trust is hard
earned, but once it’s been earned, shaking its foundations is far from easy. So ET emphasise that
you shoul provide according to customer demand and we also consider their behavior.
But in other hand FMCG brands, meanwhile, appear to have taken a beating. Colgate has
surrendered the top slot after a long reign while ever popular Dettol continues to slide and is
down from second slot in 2004 to number eight now.
Nika was successful because Nokia has understood this well and focused mostly on meeting
consumer needs, which has created a loyal customer base. MCG market was not proper
increased because these company used some traditional method and even if some product is
differ but in miner.
Some customers believes that future is uncertain and some customer buy the product on the
basics future condition , that if prices of gold , properties and other assets will increase then they
buy the product and vice versa or some believe that the coming months will be a good time to
purchase major household items. So like this inflation is also affect the customer perception
about the nokia products.
Some time back, Nokia recalled mobile phones that were fitted with a certain batch of batteries.
Despite the fact that battery defects were not reported in the Indian market, the company took a
proactive step by recalling handsets that carried batteries with specific serial numbers for a free
replacement.
This leads to reinforcement of the brand’s quality standards and hence favourable consumer
perception. Only self-confident brands will have the courage to admit mistakes. From this
perspective, recall of A-Star was a bold step that would help in retaining consumers’ confidence
in the brand, and customer perception will also change by giving better quality of product in
market .