18 February. That's astounding. (Marketing91, 2019). Apples business strategies are different and depend on product models. Therefore, Samsung always strives to be in tune with the constant changes in its internal and external environment. Although, Samsung is constantly accused of duplicating Apples technology, the company is now one of the leading technology companies in the world. Among the most notable advantages, include the availability of current and rich information. Samsung made sure its product was front and center at the Oscars. Comprehensively, we will be able to come up with a systematic review of the research problem by eliminating the less-precise effects size of the research information collected from the secondary research sources. These changes indicate two things: Samsung has made a tremendous amount of progress in the smartphone market To sum up, we discussed the positioning strategies of Samsung and Apple companies. Once a product is getting old, not in trend or any competitor has launched a similar product, Samsung immediately drops the price to attract customers. Apple and Samsung: Marketing performance Launched on June 29 2007, the first IPhone with biggest screen, hidden keyboard and especially touching screen, Apple has been a pioneer in providing customers a very unique product that customers want at the initial time when customers did not have much concept of the smartphone. This legal fight is not inclined to close quickly. However, many researchers attribute his input to Apples human resource pool as mainly being focused on developing and retaining the best human capital (Jason, 2011). However, when considering thier corporate social responsibility programmes they couldnt be much different. 2022 Jun 29 [cited 2023 Apr 14]. In case of Apple, when more and more people are seen having and iPhone, other individuals get compelled to have the one; this is known as halo effect. Other proposals have been made by Mallin (2011) after he suggested that, Apple could buy a no-name bank and quietly use their existing financial infrastructure to leverage its 200 million iTunes customers and software expertise into an Apple iWallet. The Samsung galaxy tablet is one such example but still, the Korean giant has not been able to surpass Apples sales in this regard. Incorporated in 1977, the company was called Apple computer. This campaign launched in 2014 became more of a story of people using ipad instead of the product itself. Samsung aims to create a new future that positively impacts the entire global community (Samsung, 2019). Apples laptop is the favorite of many consumers because the design is elegant and makes this object look luxurious. For instance, the business association between Samsung and Apple (in the supply of hardware parts for Apples products) shows the acquisition of new resources for Apple in sustaining its business strategies. To establish the validity of the research information obtained, the member check technique will be adopted. But fast forward a year, to Q4 2020, Apple did 79.9 million vs. Samsung's 62.1 million. However, the survey was based on experiences reported by 1,985 tablet owners in July 2012. Apple's business strategies are different and depend on product models. Apples internal capability is complemented by an excellent industrial design. Comparative Analysis of Apple and Samsung. Personally, I like apple products because they are easier to use and are less Executive Summary Apple is an American global innovation organization, headquartered in Cupertino, California, which designs, builds and markets mobile phones, hardware, computer programming, and online administration. Strategic Management: Theory: An Integrated Approach. StudyCorgi. This research paper on Comparative Analysis of Apple and Samsung was written and submitted by your fellow Apple Inc.: Product Portfolio Analysis. <>>>
The company has also managed to establish a dominant online presence because it is almost impossible to miss a Samsung advert in most heavily trafficked sites such as USA today or CNN. Apple & Samsung Marketing Strategy Ravildjan 51.9k views Pramotional strategy of samsung Vipul Pal 47.9k views Power bank presentation Felix Vong 22.4k views Marketing mix Jugnoo Raja 17.2k views The 4 P'S of Marketing- Advertisement-Samsung-Company- Business-Emre Sarcan Emre Sarcan Organize sales and marketing by customers, not products 7. Since the launch of Galaxy S4, Samsung has considered Apples innovative design of the iPhone as not so stunning, and continues to be a notable competitor. Samsung did not hesitate to use this social platform to display its products and new technology. Nonetheless, Apples corporate culture revisits the age-old debate regarding which corporate structure is the most effective. Therefore, Samsung is superior in terms of organizational design. In this regard, Samsung has achieved crucial collaborations from other technological firms that act as suppliers and external designers of critical product components. However, within these similarities, both companies have different corporate cultures, which differentiate the companies ideals. Samsung was among the first companies to produce the projection televisions (using digital light processing). Apple has pursued this strategy for a long time and evidence shows that it is unapologetic for pursuing this market strategy. Apples online presence is also firm, especially with the existence of a virtual marketplace where the company sells digital content through App store, itunes, iBookstore among other online platforms (Mallin, 2011, p. 1). Terms of Use, A Comparative Analysis of Apple and Samsung Regarding their Marketing Mix Strategies., A Comparative Analysis of Apple and Samsung Regarding their Marketing Mix Strategies [Internet]. It sells its products worldwide through its retail stores, online stores, and direct sales force and third-party cellular network carriers, wholesalers, retailers, and value-added resellers to the consumer, small and mid-sized businesses, education, enterprise, government and creative markets (Apple Inc., 2019). Through the findings of this paper, we also see that a quarter of all Samsung employees have a PHD. The biggest limitation to this study rests on the nature of the research methodology. The company uses anti-collusion and anti-corruption policies (Kim, 2007). On the other hand, managerial marketing is focused on the implementation of specific targets.' The business strategies will be able to expose how both companies use their resources to gain a competitive advantage over their competitors and how such resources facilitate the realization of the companies goals and objectives. IvyPanda, 18 Feb. 2023, ivypanda.com/essays/comparative-study-of-business-strategy-for-apple-and-samsung/. Major developing markets such as China, India, Mexico, and South Africa have this potential. The ability of Apple to meet the global demand for its products has been a common topic among the industrys observers because there have been fears that the companys ability to meet increased global demand may be limited. Through horizontal integration, there are chances that the diversification of products will render the company competitive among other industrial rivals (Hills, Jones & Schilling, 2014). Samsungs innovativeness is also centered on taking advantage of new opportunities in its primary and secondary markets. Concerning the quick response by Samsung, Henny (2003) explains that Samsung is good at producing easily marketable gadgets that can sell quickly. To be precise, Apple is credited for revolutionizing technology through its fancy, but expensive gadgets. For instance, Samsungs galaxy tablet has been compared with Apples ipad, and Samsungs Galaxy S mobile phone has been compared with Apples iphone (Mallin, 2011). Comparative Analysis of Apple and Samsung. We will write a custom Research Paper on Comparative Analysis of Apple and Samsung specifically for you for only $11.00 $9.35/page. Though secondary research is mainly classified into internal and external sources, this study will mainly rely on internal sources of data because this paper focuses on specific organizations (Apple and Samsung). Most of Samsungs plants are located in third world economies, which do not have strong labor laws that protect their employees from unfair work practices. The marketing sector understands what the customers want in terms of the product price and ensures that low-priced models are available in the market. Projects that are undertaken without his input therefore tend to take a longer time before completion. From Apples high-end market strategy, the company has earned a reputation for producing quality goods at high prices. Brand value is closely related to its recognition, meaning that Apple is also one of the world's most recognizable brands. And, Apple is never hesitating to highlight the advantages of the products to the target audience. Thus, to keep up with their existing positions and to become a declared leader, both of the brands need to have effective marketing strategies. Conceptualized by Cheil India, the campaign film is called #SamsungCares. This was a workable business strategy because the companys customer base grew by close to 1,800% (Jason, 2011). Register For FREE Digital Marketing Orientation Class. It is therefore a usual occurrence to find hundreds or thousands of people waiting outside different Apple retail stores to buy a new Apple product. Just as Frito-Lay thinks about the share of stomach it captures with drinks and snack foods, Apple seeks share of screens be it on Mac, iPod, iPhone or iPad. However, I think that both companies Apple and Samsung should come up with new features or new devices because the customers are more focusing on getting new technology which could make life easier. The venture into the television market is only set to expand Apples playing filed because this market is a wider platform compared to the mobile or ipad markets. This strategy improved the companys competitive position with other competitors (Sony being the main competitor). Privacy Policy The study of business strategies therefore provides a big picture regarding how different aspects of a businesss operations work towards achieving the ultimate business goals. Creating Customer Engagement: Marketing Strategies, The Nestle Companys Sales Stagnation in China, Bridgeport Drones Companys Services and Products, Fast-Food Industrys Market Place and Environment, Containerization, Its Pros & Cons, and Future, * Hyperlink the URL after pasting it to your document. Though the concept of generalizing findings is highlighted as a limitation for this study, the meta-analysis helps to generalize the findings of this research to different (but related) contexts. This campaign itself became a Guinness World Book entry with the record of maximum number of artists working on a single art work. Moreover, different people were offered a platform where they could interact with international stars in a laser-light event. Apple is an American company that manufactures personal computers and accessories. From this perspective, the company always has a ready market that prefers uniqueness in terms of product specifications and price (Hills & Jones, 2008). Most E-commerce portals have a separate page linked to the Apple home page where consumers can find the desired products, and they can buy from the companys official website (Marketing91, 2019). These mergers were aimed at countering Microsofts influence in the software market. The Samsung brand can be improved and it isnt loved by some like Apple, but I am impressed with the leadership team for seizing the opportunity to leapfrog all its other competitors, through investment and execution with conviction. Apple started business in 1976 and has since been in competition with other giant multinationals such as Microsoft and IBM (especially in the computing market). Journal Of The International Academy For Case Studies, 17(7), 1-15. The first step that Apple is taking to improve its current competitive position is focusing more on improving the existing products compared to coming up with new ones (Gustin, 2012). However, history shows that persistence in this business model (hardware) is not sustainable in the end. However, low-priced and unique products from companies like Samsung are a threat to Apple. However, unlike his former boss, Tim Cook, the new company CEO, has never failed to discuss the future of Apples business strategy in recent times. Samsung sells Tablets, mobile phones (of course), TV's, and Camera's etc. In addition, Jason (2011) explains that, Besides dominating DRAM chips, Samsung leads in static random access memory and controls 55% of the $2 billion market for NAND flash memory, a technology mainly used in removable cards that store large music and color-image files (p. 4). Its marketing strategies are mainly based on television and print advertisements. There is also a strong similarity between Apple human resource strategy and Samsungs human resource strategy. Samsungs focus is to close-in on its competitors such as Sony, and Philips, which have consistently dominated the home appliance market. If you have to compare the smartphone market share, back in 2009, Apple was at 16.1% and Samsung a mere 3.3%. Some of their corporate actions have been unconventional while others have been outright aggressive. (2023, February 23). Furthermore, the growing competitiveness and the changing landscape of the technological and digital markets highlight the importance of analyzing how the two technological companies intend to overcome this hurdle. The company's generic strategy agrees with this intensive growth strategy by focusing on technological innovation to increase competitive advantage and profits. There are many lessons that can be learned from the Neflix case. Apples resources are however diverted to improve the companys software competence. Marketing Communication Mix Apple versus Samsung. As part of Samsungs sponsorship strategy, the Korean company also adopted an associated marketing strategy where the company sought different brand associations with other companies. Samsung has not risen to the top by copying its competitors or levering its resources; it has been a dominant player in the technological industry by adopting unique competitive strategies. It is observed that most of Apples iconic products such as the iphone and the ipad still have immense opportunities for growth but as the opportunities for growth open in the world market, the consequences of making the smallest hiccups in production become severe. However, such a move is not considered a strategic action for the company because it does not add to its revenue growth. Strategic marketing concerns the choice of policies aiming at improving the competitive position of the firm, taking account of challenges and opportunities proposed by the competitive environment. 2 - Empowering humanity - Ads that strike a chord. Highly accurate and valid research information should reflect the views, feelings and experiences of the authors who developed the previous research (which is relied on in the study). Retrieved from Marketing91: https://www.marketing91.com/marketing-mix-of-samsung/, Marketing91. Finally, as part of Samsungs values, the company believes in the concept of prosperity because it believes it cannot succeed unless it also creates opportunities for other people to succeed. To emphasize this point, Mallin (2011) explains that Samsung decided to adopt business-to-business opportunities and existing enterprise space in the European market as part of an ambitious marketing plan to launch a series of exciting new products in the European market. 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