Apple needs to increase its market share for iPad 4.
Product outline
Apple Inc. is a well known technology firm that specializes in designing, production and selling of computers, mobile phones and music related devices. The most outstanding feature of Apple Inc. is the brand-perception as well as identification. Apple has built itself to become a cult-brand over the last decade with the strategy to invest and market iTunes, QuickTime and iMaclines working to fortify the brand loyalty hence the cult-brand formation. The short-term goals that Apple Inc. put in place are geared towards increasing the sales of the iPad which is one of the most recent products of Apple. Apple Inc. is a fairly large corporation with a huge startup capital base and a corporate culture that is inclined towards engineering and innovation. It is known to properly utilize the bureaucracies that exist and also possessing good customer culture that is entrenched into the corporate culture of the organization. The organization is also known for its lean yet very efficient management team and human resources base, with the top management and decisions making team composed of engineers and a small project team that is also headed by engineers as indicated by Business Insider (2011).
Apple is currently seen as a multinational corporation whose main base is in the USA with branches across the world and deals in computer software and consumer electronic goods. The well known products from Apple are the iPhone, the Mcintosh computers and the iPod, on the other hand its software that give it an edge over competitors are the iTunes and the Mac Operating System.
The iPad 4 has significant qualities that easily endear the American customer base like the long battery life, the metallic casing, the highly sensitive touch screen, unique design and the multiplicity of applications that can run in its operating system. The marketing plan that is intended in this case in point is the targeted marketing across the Asian and African nations whose market has widely been neglected by the iPad marketing team. The market segmentation for iPad 4 in these targeted geographical locations will be unique and aimed at not only retaining the previous market share and traditional consumers in Europe and USA but also to bring in the Asian and African continents in a more diversified approach and uniquely tailored manner than ever done before.
The issue under scrutiny here is the lack of market coverage in Asia and Africa and how iPad 4 can break this imaginary market barrier that has existed for a long time. It is due to this imaginary wall that the other brands like Samsung have dominated the market in the developing and the third world countries. The suggested marketing plan herein is the targeting of research institutions, higher learning institutions, blue-chip companies, NGOs and governmental agencies among others. This is informed by the fact that many of such organizations have the need for the applications that are offered by the iPad range but they are not duly informed of the possibility of having this product within their institutions, this is the information barrier that must be broken through this marketing plan that will be structured herein.
Apple situational analysis
The situational analysis is widely known to be a strategic planning tool that helps in analyzing the political, economic, cultural, environmental, social and technological factors among others that can potentially influence, in the positive or negative the performance of a given brand within a given market in the process of their daily operations. Being that the marketing plan of iPad 4 is targeted at external markets, away from the USA traditional market, it is important to know what these factors are and how they can influence their operations.
The industry analysis
Apple, like many other firms that deal in similar products falls under a widely unique industry. One that is highly flexible and seen to be continuously expanding. It is an industry that is characterized by exponential innovation and creativity that always seeks to defy the price increases. Many products within the electronics industry are subjected to upgrades and versions due to these rapid changes that the hardware adjustments can hardly keep up with. The cut-throat competition within this industry is also occasioned by the dynamism in the demands that the market presents and the urge for the various companies to fill the technological gap presented by the potential customers. The tablets market is more prone to the competitive forces of the market since brands like Samsung and Lenovo keep producing newer versions of their tablets more rapidly.
Competitive...
Apple needs to increase its market share for iPad 4. Product outline Apple Inc. is a well known technology firm that specializes in designing, production and selling of computers, mobile phones and music related devices. The most outstanding feature of Apple Inc. is the brand-perception as well as identification. Apple has built itself to become a cult-brand over the last decade with the strategy to invest and market iTunes, QuickTime and iMaclines
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