¶ … E-Marketing Strategies at Apple
Orchestrating rapid new product development cycles that in many cases deliver products and services that create new markets, while at the same ensuring the continual strengthening and fidelity of a global brand is a daunting strategic challenge. Incorporating the most effective approaches to Integrated Marketing Communications (IMC) strategies today across a spectrum of established and emerging e-marketing channels must be managed with goals in mind first, and guided to fruition using analytics and metrics (Strategic Direction, 2011). These strategic challenges are what Apple faces daily in orchestrating its broad product mix, keeping its new product development and introduction (NPDI) process, IMC, e-marketing, selling, highly profitable retailing and services business units tightly integrated and functioning well together (Cusumano, 2008). Of the several catalysts that keep Apple functioning so effectively as an ecosystem, the tightly synchronized nature of its IMC strategies are by far the ones that scale the quickest, deliver the greater lead generation, ensuring lead generation and ultimately sales across all market segment served (Wonglimpiyarat, 2012).
With Apple's IMC strategies being essential to their continued profitable growth across all distribution channels they compete in, tracking their effectiveness is crucial to the future success of the company. The goal of this dissertation is to evaluate the effectiveness of e-marketing campaigns at Apple within the context of their IMC framework which is considered one of the best in the field of marketing (Caemmerer, 2009). The IMC framework Apple relies on to orchestrate e-marketing strategies is specifically designed to scale or flex to the unique requirements or needs of each individual new product launch strategy. Apple has also designed their IMC framework to allow for inclusion or exclusion of specific elements from their broad base of e-marketing applications, strategies and tools. Unifying all of these elements together is Google Analytics, a cloud-based analytics platform that provides Apple senior management, marketing, sales and market research teams with the insights they need to create new campaigns (Apple Investor Relations, 2015). Apple has a very analytics-driven culture that thrives on dashboards that provide new insights into marketing campaigns. With Google Analytics providing the baseline measures of broader e-marketing performance, Apple also relies on Salesforce globally to orchestrate their lead generation, selling and service strategies. HubSpot, the cloud-based marketing automation application, is used for generating e-mail blasts, defining new campaigns, and measuring them, measuring the impact of social media campaigns, and defining personas that are used throughout the selling process. The tight orchestration of Google Analytics, HubSpot, Salesforce and the many Apple websites is what forms the foundation of the analytics reporting system for the company. E-marketing effectiveness is measured across each of these systems with dashboards created containing specific key performance indicators (KPIs) and metrics of performance for determining which campaigns are the highest and lowest-performing. Further, Apple has an extensive level of self-service Business Intelligence (BI) software created on their own operating systems, providing managers, directors and executives with real-time updates on their specific areas of responsibility and interest. Apple therefore pushes accountability and responsibility deep into their organizations globally, which is one of the primary determinants of how effective the company is at launching new products (Abetti, 1996). The analytics platforms that Apple relies on for evaluating e-marketing effectiveness are so effective, Apple Engineering, Supply Chain Management (SCM), Professional Services and Retail Services are starting to adopt the analytics applications based on Google Analytics, Salesforce, HubSpot and website data.
Apple's heavy reliance on analytics makes measuring their e-marketing effectiveness more effective than any other competitor in the consumer electronics markets they compete in. Benchmarking each phase of their e-marketing campaigns provides the Chief Marketing Officer (CMO), Marketing Vice Presidents, Directors and managers needed information to best understand how to price, promote and reposition when necessary each product they sell (ABA Journal, 1990).
Apple has moved quickly beyond the four Ps of marketing in their analysis of e-marketing effectiveness too. Using the combination of their websites tailored to each nation they sell into. Apple operates stores in 16 countries and has their web-based online store available in 39 stores (Apple Investor Relations, 2015). Using Google Analytics and website traffic in each of these nations gives Apple marketers the opportunity to better define the 4 Ps of marketing for each country. Apple learned by doing this that each product also has a definite lifecycle that varies by nation too. The sales of MacBook...
Apple exists in an oligopoly market structure, wherein a small handful of companies control the market. Apple, along with Samsung, Microsoft, Alphabet (Google) and Nokia, essentially control the tech industry (smart phones, computers, portable devices, etc.). While smaller companies do exist, it is these larger companies that set the stage for prices, products and innovation. To what extent Apple’s current status as a blue chip stock may be representative of
Apple Corporation SWOT analysis Apple Inc. is one of the well-known and recognized enterprises by not only the business community but populace from all over the world are cognizant about this corporation. It started off its business from the decade of 1970 that has been involved in the designing, manufacturing and offering its consumers with a wide range of innovative and technologically refined products like computers, software, music players and its
Cox, T. (2010). Legal and ethical implications of health care provider insurance risk assumption. JONAS Healthcare Law, Ethics and Regulation. 12(4):106-116. How healthcare providers really feel about managed care and other forms of insurance is very important. If doctors and hospitals do not feel good about the payments they receive from specific managed care organizations, they may choose not to work with those organizations. That can leave a large number of
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E-Marketing in Terms of Visual Communication Given the increased use of the Internet in past few years, e-marketing has had an indisputable progress within the past decade. Generally, daily activities and the variety of internet have created interest of consumers as many websites are creating virtual designs in order to strengthen their relations with customers. These developments have not only contributed to the creation of visual communications but have also
In addition to optimizing the website and driving traffic through search engines, wholesale mortgage consider advertising on third party websites and in search engines using a combination of banner advertisements and text links. Graphical banner advertisements, pop-ups and text based ads are online ads that are placed on third party websites, linking back to a website is another way of using emarketing. The ads are designed to encourage users to
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