Marketing SLP
Target Market
Brand Image
Competitor Analysis
Environmental Analysis
Porters Five Force Model
Current Rivalry
Threat of New Entrants
Bargaining Power of Suppliers
Bargaining Power of Buyers
Threat of Substitute Products
Apple has had an exceptional growth streak over the last decade and represents a suitable target for a marketing analysis. Apple has seen sales and revenue peeks in the last few years which is at least due to the fact that sales in China have ballooned. China, which is the company's second-largest market, accounted for 16% of Apple's sales during the past quarter (Q4, 2011), with $4.5 billion in revenue, a year-over-year increase of 270% (Gannes, 2011). The new iPhone 5s and iPhone 5c was launched in September, 2013 and was highly anticipated by Apple for the response in China in the iPhone's global debut. This was the first time an iPhone version was marketed on a global level. The financial data states that the investment is paying off and may have even been able outpace the ZTE Corp. And Xiaomi Corp., to capture fifth position in the world's largest smartphone market in the third quarter (Bora, 2013).
In regards to the international marketing strategy, China is generally the focus because it is the world's largest smartphone market. Yet at the same time, there is a lot of opportunity in other international counties. The new CEO Tim Cook provided some insights into Apple's targets for emerging markets; Brazil was up 118% year over year, Russia looks "promising" and the Middle East should be a "significant opportunity. (Bora, 2013)." Furthermore, Apple CFO Peter Oppenheimer said Apple had planned to open 40 new stores in fiscal 2012, with three quarters of them outside the United States.
One of the main themes in the marketing plan with Apple, is that their biggest opportunity is now in international markets, with the U.S. market being relatively saturated....
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