Samsung Marketing Strategy Essay

Improved Essays
Introduction
The process of implementation of new product design in the marketplace is called marketing innovation. When a company’s marketing policy is changed, or the features of their product are developed by the company, it should develop their market design to make the business successful and to earn targeted revenue. In innovation in the market marketing design has potential role. To sustain in the market place among different similar product every product must have different characteristics and function so that it become different from other products and can attract customers successfully.
For this report Samsung Galaxy S6 android smartphone is selected which is a product of Samsung Company. This smartphone is very innovative product
…show more content…
Without considering price of the product customer select the best one. So, there should be benefit included in the product so that customers can easily choose it. The handsome function and features, tempting design and different social networking sight of Samsung Galaxy S6 can be the reason of changing needs of customers.
1.4 Customer delivered value
Customer’s value refers the total volume of benefit received by the customers from a product. An organization’s customer delivered value refers the difference of total customers value and cost. As value of the product customer are provided different features and functions from Samsung Galaxy S6 smartphone. Customers will get a long lasting battery, high quality raw materials, and different attractive services from this smartphone. Compared with other products customer can receive more value from this product
1.5 Value Chain Analysis
Value chain analysis indicates the process of adding or increasing value to the product by the company for their customers. Samsung’s value chain analysis is described below.
Primary
…show more content…
2 The unique design elements of product
2.1 Product Design
A product’s uniqueness can be expressed by product anatomy. The important features of product anatomy of Samsung Galaxy S6 are described below: • Core Product: Core product indicates the basic function of a product. Calling and texting system is the core product of Samsung Galaxy S6. Customers can deliver Email, push mail, along with SMS, MMS through this. Battery of 2550 mAh will enable consumers to talk up to 17 hours at a time.
• Augmented Product: When customer do not expect any services but the company provide then it is called augmented product. For using this product consumers will be provided warranty card for after sales services, HD screen etc.
• Symbolic or actual Product: it indicates the general features which are expected by the customers. Samsung Galaxy S6 provides customers expected features which influenced them to purchase this.

2.2 Shape, Colour, Imagination, Relevance and Usefulness of the

Related Documents

  • Improved Essays

    With the change in economic environment, technology is also changing. In the recent few years, the number of smart phone users has increased rapidly. The Smartphone has created a different image in the minds of people and became a part of their life. The Smartphone is not only the mode of communication, but also best medium of entertainment. Its different qualities and features have made it popular worldwide. Motorola introduced some cell phones to the public in 1980. In this way, cell phone era started and being popular among people worldwide (Atonally, 2011).…

    • 3878 Words
    • 16 Pages
    Improved Essays
  • Improved Essays

    leading indication of the intentions of a customer purchasing another product of that company. In…

    • 1198 Words
    • 5 Pages
    Improved Essays
  • Brilliant Essays

    America 500 Research Paper

    • 1258 Words
    • 6 Pages

    This is one of the users review about this smart phone. From my review the specification is quite nice and the slim body is attractive that similar to IPhone 6’s body.…

    • 1258 Words
    • 6 Pages
    Brilliant Essays
  • Improved Essays

    Samsung create and deliver high quality products and services, and smart solutions for its customers. Samsung is dedicated to improve and encourage the innovations and value.…

    • 1052 Words
    • 5 Pages
    Improved Essays
  • Brilliant Essays

    To pull in the client Samsung offer of a reward pack for individuals who buy another Samsung telephone and exchange their old one so as to get their old telephone esteem worth in shopping cash for the Iconic. Anybody can spare $100 off the cost, best case scenario Buy by exchanging your old Phone.…

    • 1579 Words
    • 7 Pages
    Brilliant Essays
  • Improved Essays

    Self Construal Theory

    • 1292 Words
    • 6 Pages

    When firms introduce new products in the market they emphasize more on the functional utility and benefit the consumer will obtain from the purchase of the products. But, they often neglect that the purchase intention towards the products is also influenced by the psychological needs of the consumers like, the need for distinctiveness vs. assimilation and the perception of newness of the product by the consumer.…

    • 1292 Words
    • 6 Pages
    Improved Essays
  • Superior Essays

    The value chain is a useful tool for identifying and assessing how health care organizations create value. A value is the amount of satisfaction received relative to the price and the expected outcome or results. The value chain utilizes a system approach, it may be created in the service delivery upper portion and use support activities…

    • 1041 Words
    • 5 Pages
    Superior Essays
  • Improved Essays

    Samsung Strategy Analysis

    • 1235 Words
    • 5 Pages

    Samsung is a South Korean multinational conglomerate company. Headquarter is located in Samsung Town, Seoul. In 1938s, Samsung was founded by Lee Byungchul as a trading company. He diversified his group into different area such as processing, textiles, insurance, securities and retail. After lee’s death in 1987, Samsung was separate into four different groups– Samsung Group, Shinsegae Group, CJ Group and Hansl Group. Since 1990s Samsung has increasingly globalized electronics and activities. Especially, mobile phone and semiconductors have become its most important source of income.…

    • 1235 Words
    • 5 Pages
    Improved Essays
  • Improved Essays

    In September, the public is looking forward to the new release of Apple iPad and iPhone. Samsung and Apple release their new smartphones every year. In the past decades, smartphones have new upgrade physical design, software, and compatibility for consumers. It is a tough choice to pick one of the two top brand names of smartphones. In the past, the Android had a variety of wider and larger screens for the smartphone. The recent release of Samsung Galaxy S6 and S7 share a similar design of a round rectangular shape to that of and the iPhones. Apple has now created two designs of the same generation of iPhones for the consumer to select from. The iPhones are beautifully designed with much better upgrading system with new updates and releases. An advantage point for Apple products are the sharing of the same accounts between iPads, MacBook, iWatch, and…

    • 1555 Words
    • 7 Pages
    Improved Essays
  • Improved Essays

    Value creation is one of the primary aims of business entity, which increases the worth of goods and consumers are willing to pay more money by giving value to the products provided by company.…

    • 1306 Words
    • 6 Pages
    Improved Essays
  • Improved Essays

    Iphone Vs Android Essay

    • 1096 Words
    • 4 Pages

    Galaxy S6 faster than the iPhone 6s Plus, it is also ninety dollars cheaper. The thing that wins…

    • 1096 Words
    • 4 Pages
    Improved Essays
  • Improved Essays

    If you’ve ever had any doubts regarding the demand for smart phones, research done by IDC states that the global smart phone market has topped 1 billion shipments, covering about one seventh of the world’s population, a new milestone. Most everyone can agree that smart phones are a familiar way of life, but the big debate is whether a user’s best option is to pick out an Apple or Android device. While both Android and Apple dish out portable technology that keeps us connected, they go about it in contrasting ways.…

    • 731 Words
    • 3 Pages
    Improved Essays
  • Improved Essays

    A product is anything that is offered to a market place to satisfy a want or need. It is a tangible good or an intangible service. Tangible products are those that have an independent physical existence. Marketers should consider how to position the product, how to exploit the brand, the marketer must also consider product development strategies.…

    • 1222 Words
    • 5 Pages
    Improved Essays
  • Decent Essays

    As Apple, Samsung also uses skimming price to gain the upper hand over their competitors. For instance, Galaxy S6 and S6 Edge are the brands new products of Samsung carrying the slogan "Next is Now" and claiming that they are the most beautiful smartphones ever created. Without a doubt, S6 Edge (64 GB) that costs 1 180$ will brilliantly/smoothly sell around the globe. But, what will happen when other competitors will launch a smartphone with identical features? Simple. Samsung will lower the price and easily steal customers from the…

    • 1200 Words
    • 5 Pages
    Decent Essays
  • Great Essays

    Making an analysis for Samsung that examines such questions in the organization can help or maintain the organizations effectiveness. In this case, Samsung needs a little help maintain its effectiveness to produce reliable products especially after the recent reported number of exploding devices coming from their company. This level of framework would also help Samsung because it would allow the organization to reflect and help them develop fresh strategies to restore their public…

    • 2204 Words
    • 9 Pages
    Great Essays