1. The document describes and compares the product life cycles of Nokia and Samsung mobile phones in India over time.
2. It outlines the four stages - introduction, growth, maturity, and decline - for each company and describes their marketing strategies, products, pricing, placement, and promotion during each stage.
3. The growth stage saw the highest growth rates for both companies - 120% for Nokia from 2002-2009 and 1480% for Samsung from 2006-2011 - as they launched new phone models and expanded their market share.
1. The document describes and compares the product life cycles of Nokia and Samsung mobile phones in India over time.
2. It outlines the four stages - introduction, growth, maturity, and decline - for each company and describes their marketing strategies, products, pricing, placement, and promotion during each stage.
3. The growth stage saw the highest growth rates for both companies - 120% for Nokia from 2002-2009 and 1480% for Samsung from 2006-2011 - as they launched new phone models and expanded their market share.
1. The document describes and compares the product life cycles of Nokia and Samsung mobile phones in India over time.
2. It outlines the four stages - introduction, growth, maturity, and decline - for each company and describes their marketing strategies, products, pricing, placement, and promotion during each stage.
3. The growth stage saw the highest growth rates for both companies - 120% for Nokia from 2002-2009 and 1480% for Samsung from 2006-2011 - as they launched new phone models and expanded their market share.
1. The document describes and compares the product life cycles of Nokia and Samsung mobile phones in India over time.
2. It outlines the four stages - introduction, growth, maturity, and decline - for each company and describes their marketing strategies, products, pricing, placement, and promotion during each stage.
3. The growth stage saw the highest growth rates for both companies - 120% for Nokia from 2002-2009 and 1480% for Samsung from 2006-2011 - as they launched new phone models and expanded their market share.
2. 2. Product Life Cycle Product life cycle describe the changes in consumer demand over time. No product can be in demand forever. Trends, technology and lifestyles change, which affects consumer demand. 3. 3. a 4. 4. 1.Focused on handset manufacture only 2.Enhanced product portfolio 3.Large distribution channels 4.Adjust preferences for specific markets 5.Customer satisfaction 6.Focused on replacement (Recycling) MARKETING STRATEGIES OF NOKIA 5. 5. Time Growth Maturity Decline Introduction Sales curve The Concept Phones Nokia E- series Nokia Symbian & N- Series Nokia Windows & Symbian phones PRODUCT LIFE CYCLE OF NOKIA Stages Time Duration Introduction 1995 - 2002 Growth 2002 - 2009 Maturity 2009 - 2011 Decline 2011 to till now 6. 6. INTRODUCTION STAGE ( 1995 – 2002) NOKIA 2110 7. 7. PRODUCT 1. Entered India in 1995 2. Launched very few models due to lesser demand & innovation 3. Sold both GSM & CDMA phones 4. Launched 1st model Nokia 2110 with Nokia tune 5. 2110 was 1st model capable of sending/receiving sms 6.Competed with the then market leader ‘Motorola’ 8. 8. 1. Followed ‘Price Skimming’ strategy 2. Launched Nokia 2110 at Rs. 22000 (approx.) 3.Launched phones in the range of Rs. 15000 to 25000 PRICE 9. 9. China/Chennai Gurgaon’s mother warehouse HCL India warehouse Sub-distributors (Marketing- South Delhi) Nokia Priority Dealers/Organised retail Customers PLACE 10. 10. 1. Rarely followed any discounting policy 2. Offered a good amount of backend profit to retailers 3. Mobility factor of mobiles attracted customers without any promotional scheme PROMOTION 11. 11. a Growth rate 120% GROWTH STAGE ( 2002 – 2009 ) 12. 12. Launched phones without external antenna Had better features like games, alarm, ergonomic keypad, display etc. Models like Nokia 3310/3315 marked beginning of growth stage Launched models like N95 to compete with Apple’s i-phone PRODUCT 13. 13. PRICE a 1. Followed ‘Price skimming’ strategy in beginning of ‘growth stage’ 2. Launch price of 3310 was approx. Rs. 21000/- 3. As profits & popularity increased prices were slashed to Rs. 5000/- in 2003 for popular models like 3310 4. Later-on in coming years, Nokia adopted ‘Price penetration’ strategy 14. 14. 1. Post-paid connections were given free with select Nokia models 2. Person owning ‘pager’, who purchased Nokia phones were given discount on post- paid tariffs 3.Dealers & retailers got a large amount of ‘backend profit’ to increase the sales & drive growth PROMOTION 15. 15. a MATURITY STAGE ( 2009 – 2011 ) Growth rate 45% 16. 16. Launched a lot of touch screen models Launched 1st Maemo 5 OS phone N-900 Launched Qwerty+touch model N-97 Focussed on E-series phones to compete with Blackberry PRODUCT a 17. 17. 1.During 2007, 15,000 ton packaging material has been saved by using smaller packaging 2. Nokia have reduced amount of printed material inside the box 3. In 2007 Nokia began to increase level of recycled content Packaging is important because it protects products as they make their way from factory to customers Attractive, Good & Secure packing PACKAGING a 18. 18. Followed ‘Price penetration’ strategy to sustain growing competition Launched models ranging from Rs. 1000 to Rs. 30000 Frequently reduced prices of popular & low end models to compete with Micromax, Samsung, LG, etc. PRICE 19. 19. PROMOTION 1. Offered combo discount on purchase of Nokia bluetooth stereo headset with N8. 2. Offered Sennheiser music headset free with select models 3. During festive occasions Reebok wrist watches, sunglasses, t-shirts & sling bag were also given as gift with select models 4. Scratch cards were given to customers to make them avail instant discount 20. 20. q DECLINE STAGE ( 2011 – till now ) 21. 21. Upgraded its Symbian OS with ‘3’ & ‘Belle’ Shifted focus on Windows as its main OS Launched 1st Windows phone, Lumia 800 Used Symbian only in low end models PRODUCT 22. 22. a PRICE 1. Price penetration strategy was continued as company’s profits declined due to cut-throat competition from Samsung & local players like Micromax 2. Had phones ranging from Rs. 1000 to Rs. 30000 3. Reduction in price also lead to deterioration in quality 23. 23. PROMOTION 1. Companies distributed freebies like wrist watches & t-shirts with Lumia logo engrossed 2. During festive occasions Reebok wrist watches, sunglasses, t-shirts & sling bag were also given as gift with select models 3. Top 3 performing stores from each zone were selected for foreign trip organized by Nokia free of cost 4. Retailers were encouraged to sell Lumia phones by offering them more incentives on sale 24. 24. 1.Focused on all the electronics manufacture 2.Enhanced product portfolio 3.wide distribution channels 4.Adjust preferences for specific markets 5.Taeget all the segments. 6.Focused on Competition 7.Increased commitment to emerging market 8. Provide more than extra. MARKETING STRATEGIES OF SAMSUNG 25. 25. Time Growth Maturity Introduction The Concept Phones Touch screen & Dual Series Smart Android Phone & Galaxy series PRODUCT LIFE CYCLE OF SAMSUNG Stages Time Duration Introduction 2001 - 2006 Growth 2006 - 2011 Maturity 2011 – till now 26. 26. INTRODUCTION STAGE ( 2001 – 2006) SAMSUNG R220 27. 27. PRODUCT 1. Entered India in 2001 2. Launched very few models due to lesser demand & innovation 3. Launched 1st model Samsung R220 with Simple blue display. 4. Competed with the then market leader ‘Motorola’ and Nokia. 28. 28. 1. Followed ‘Penetration Pricing’ strategy 2. Launched Samsung R220 of Rs.9000/- (apx.) 3.Launched phones in the range of Rs. 8000 to 20000 PRICE 29. 29. Koria mother warehouse (Delhi) Sub-distributors (All the State) Samsung Dealers/ Organised retail Customers PLACE 30. 30. 1. Samsung follow discounting policy. (as par mobile phone) 2. Offered a good amount of backend profit to retailers 3. Advertisement in Print Media PROMOTION 31. 31. GROWTH STAGE ( 2006 – 2011 ) Growth rate 1480% 32. 32. Launched phones without external antenna Had better features like games, alarm, ergonomic keypad, color display etc. Wide range of simple or Dual sim mobile marked beginning of growth stage (GURU) Launched wide range of touch screen mobile phones to compete nokia PRODUCT 33. 33. PRICE 1. Followed ‘Price penetration’ strategy in beginning of ‘growth stage’ 2. Launch simple mobiles with price of Rs. 2000 – 4000 3. Touch screen ( 9000 – 22000) 34. 34. 1. pre-paid connections(Idea,airtel,vdafone) were given free with select any samsung models 2. Gifts (kitchen ware). 3.Dealers & retailers got a large amount of ‘backend profit’ to increase the sales & drive growth, PROMOTION a 4. TVC, Sales promotion , Print media 35. 35. a Growth rate 67% MATURITY STAGE ( 2011 – till now ) 36. 36. Launched Smart phones with android Galaxy series Launched Windows phones to compete Nokia Windows mobile Focussed on Galaxy S series phones to compete with All the competitors PRODUCT 37. 37. Followed ‘Price penetration’ strategy to sustain growing competition Launched models ranging from Rs. 6000 to Rs. 60000 Frequently reduced prices of popular & low end models to compete with Micromax, Sony, LG, etc. PRICE 38. 38. PROMOTION 1. Special Offers on Credit card payment for above price of Rs. 20000 2. TVC for Galaxy Series 3. Discount Coupons 4. Print Media ( Business Magazines) 39. 39. Comparison of Growth rate 0% 1120% 45% -65% 0% 1480% 67% -200% 0% 200% 400% 600% 800% 1000% 1200% 1400% 1600% Introduction Growth Maturity Decline Growth Rate Nokia Samsung 40. 40. 1995 1998 01 04 07 10 13 16 Intro. Intro. Maturity Maturity Nokia Samsung Year Growth PLC Comparison