Verified Document

IMC Promotion Tools Of Apple Inc SWOT

Apple iWatch B2B marketing

Producers

These are companies that purchase products and services that they make over into other products. This B2B encompasses manufacturers as well as service providers. In this case, one very good example of a producer is FoxConn Technologies. FoxConn is a company based in Taiwan and is the largest contract manufacturer for Apple. In particular, Apple Inc. would be a good target market for the company as it would be able to use its innovation and novelty to produce better products. More so, the two companies are centered in the same business industry and therefore have substitute products. This would make Apple Inc. an ideal target market.

This is part of the B2B markets and Apple Inc. can certainly be a target market. These institutional markets consist of organizations, churches, colleges, hospitals and the like. Apple Inc. would be deemed a target market for such institutions, as they would employ the innovation and novelty of the company to greater use. This will be largely beneficial for institutions as they would be able to increase their services to the society (Sandhusen, 2008).

Segmenting B2B markets

According to Harrison, Hague, and Hague, there are four different behavioral-based segment models, which include: a price-focused segment, service-focused segment, quality and brand-focused...

Based on these different segments, Apple Inc. would be centered on the quality and brand-focused segment (Hague and Harrison, 2015). In particular, consumers in this segment place great importance on attaining the best conceivable products or service of great quality and are ready to pay a premium price for them. This is because Apple Inc. is largely renowned for generating products that are of great quality (Hague and Harrison, 2015). More so, the company goes to the extent of outsourcing its products to attain the best level of quality for its products. In addition, the brand name of Apple Inc. is very much acknowledged for producing quality products.
Marketing Information Systems

Marketing information encompasses all actualities, approximations, opinions and other information employed in marketing decisions, which influence the marketing of products and services. In this case, there are types of information that Apple Inc. ought to use in an extensive marketing information system for decision-making purposes.

i. Internal Records

Marketing managers can enthusiastically access and apply information in the database to ascertain marketing prospects and difficulties, plan agendas, and appraise performance. In addition, internal records typically can be retrieved more swiftly and economically than other…

Sources used in this document:
References

Hague, P., Harrison, M. (2015). Market Segmentation in B2B Markets. B2B International. Retrieved 13 November, 2015 from: https://www.b2binternational.com/publications/b2b-segmentation-research/

Ismail, S. T. (2011). The role of marketing information system on decision making: an applied study on Royal Jordanian Air Lines (RJA). International Journal of Business and Social Science, 2(3), 175-185.

Klipfolio. (2015). Marketing Metrics and KPI. Retrieved 13 November 2015 from: http://www.klipfolio.com/resources/kpi-examples/marketing

Sandhusen, R. (2008). Marketing. New York: Barron's Educational Series.
Cite this Document:
Copy Bibliography Citation

Related Documents

How Apple Manages E-Marketing - An Analytical Assessment
Words: 16933 Length: 50 Document Type: Dissertation

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,

Highest Performing Promotional Tools and
Words: 10859 Length: 25 Document Type: Multiple Chapters

The effectiveness of promotional strategies is highly dependent on their ability to resonate and be relevant to the target audiences over time (Reference). This is the basis of the research being undertaken; to determine which promotional tools and strategies are the most effective in attracting, training and retaining the most talented and motivated volunteers for the London 2012 Olympic Games. The following are the aims and objectives of this analysis.

Market Segments of B2B
Words: 693 Length: 2 Document Type: SWOT

Apple iWatch Integrated Marketing Communications Integrated marketing communication strategy is a great manner for a company's brand to specifically lay emphasis on the consumers. Apple Inc. uses integrated marketing communication (IMC) so as to communicate with its target market. The communication plan of the company is modified with regard to the target market, the product position and the society in overall. Apple Inc. in determined to be close to its consumers by

Theoretically Underpinned Integrated Marketing Communications
Words: 2926 Length: 10 Document Type: Research Proposal

In this order of ideas, they could be divided into it professionals and simple individuals who revealed a passion and hobby towards technological innovations. Ergo, the second segmentation criterion is that of professional or personal passion for technology. As Brad Miser (2003) points out, the iLife is designed for both semi-professionals as well as hobbyist. Therefore, the third segmentation criterion is given by the individuals who either work, or are

Marketing Strategies the Marketing Plan
Words: 5577 Length: 18 Document Type: Marketing Plan

The difference in country's economic condition makes Coca Cola to fix difference prices for the same product across different countries. 3.2: Integrating Pricing strategy with branding strategy ATC will use a unique brand position to ensure that customer accept prices fixed for its product and services, and the company will use differentiation strategy to make customer accept the prices fixed for its product. By creating a strong brand position, ATC will

Marketing Plan the Potential Audiences
Words: 5054 Length: 18 Document Type: Marketing Plan

There is also the potential to expand the product line beyond the initial Tablet PC to support more advanced and customized configurations through the build-to-order strategy. There is also a very significant upside potential with accessories as well, which could become very high margin in the future. Finally there are significant threats from Apple and others who also are seeking to create a dominant market position for themselves in

Sign Up for Unlimited Study Help

Our semester plans gives you unlimited, unrestricted access to our entire library of resources —writing tools, guides, example essays, tutorials, class notes, and more.

Get Started Now