Blackberry Playbook: Critical Evaluation
Blackberry Background
Market value
Main products
Operations
Target Customers
Features of target market
Product Value
Product core customer value
Actual product features
Augmented features
Nature of Product
Value preposition
Product Life Cycle
Product Life Cycle
PLC Stage of Blackberry Playbook
Sustainable Life Cycle Assessment of RIM
Competitors Analysis
SWOT Analysis of Blackberry Playbook
Main product competitors
Competitors of the Product.
Type of competition
Pricing Strategy
Product Demand
Distribution
Promotion Mix
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The business level strategies are analyzed to interpret the current market position of Blackberry Playbook. There are multiple competitors of the product including Apple, Amazon and Google. The large corporations have created a fierce competition in technology industry especially the tablet devices market. The increased technology advancements are influential in the business and as a result the business has to adopt fast paced strategies to cater its market. The product is also named as one of the best professional computing device as increased processor capacity and portability are among key features of the product.
The business history, market value, financial position, main products, and operations are discussed to introduce the corporation. The target customers, product values, various strategies are also critically evaluated in the relevant sections. The SWOT analysis is performed to assess the product's strength, weaknesses, opportunities, and threats. The delayed evaluation and analysis regarding the product, pricing, promotion, and distribution strategies of the business in terms of Blackberry Playbook is presented in the respective section. The sections below are focused to critically evaluate the marketing strategy and key elements of marketing function in detail.
Blackberry Background:
Research IN Motion (RIM) is the real name of Blackberry Corporation. The devices manufactured by the company are categorized as PDA. The company has played a noteworthy role in altering the course of mobile phones industry. RIM was incorporated in 1984. The business was collaborating with Ericson as a strategic partner in various developments. The company launched their BlackBerry products and provided an innovative solution for communications in 1999. It is also remarked as the year of their own operations regarding products manufacturer and distributor.
Market value:
The business assets, income, and long terms investments are analyzed to assess the market value of the company. It also includes assessment of property and goodwill. Revenues of the company are totaled as $18.4 billion in 2012. Blackberrygenerated net income of $1.2 billion and $2.22 per share. Total assets of the business are $13,731 as at March 2012. An increase in the assets in observed as in 2011 the assets were at $12,875(Form 40-F, 2012). The business is rebranding itself to highlight its presence in the financial markets with changes in name at NASDQ ticker as BBERY and Toronto Stock Exchange as TSX: BB. The rebranding campaign is effective since 4th Feb, 2013 (Research In Motion, 2013).
Main products:
RIM is mainly dealing in smartphones, tablets, software, and hardware for mobile devices. The product line of business includes limited number of products. It is also a trend setter in mobile industry hence relishes a good standing for innovating solutions for communications. The BlackBerry products include BlackBerry Playbook Tablet, BlackBerry Smartphone, and software for businesses and accessories. The limited products line is easy to handle and lead through the technology trends (Research In Motion, 2013).
Operations:
The registered headquarters of business are situated in Waterloo, Ontario, Canada. It also has offices in North America, Europe, and Asia-Pacific. The company operates globally through its corporate office in Canada and regional offices in various strategic locations in the world. The geographic areas segmentation includes Africa, Asia-Pacific, Caribbean, Europe, Latin America, Middle East, and North America. The company is operating in 150 countries. The global operations have enabled them to distribute their products as an international manufacturer and distributor (Research In Motion, 2013).
The headquarter facilities in Waterloo Canada are owned. However a number of owned and leased office facilities throughout Canada are also operational. United States offices are comprised of five large campus style offices in Dallas and Texas. The sales offices are also present in U.S.. The company caters South American market from Uruguay, Mexico, and Brazil. Asia-pacific regional offices are present in Australia, China, Hong Kong, India, Indonesia, Japan, Malaysia, Singapore and South Korea. The company also operates through Germany and United Kingdom for its European operations (Form 40-F, 2012).
Product: Blackberry Playbook:
The product of RIM belongs to tablet...
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