Friday, May 3, 2019
Compare and contrast the marketing strategies of two major brands, Essay
Compare and contrast the marketing strategies of two major brands, apple and Samsung - Essay Exampleke Apple to continuously come up with products such as iPhone, iPad, Macbook etc, that are normal among consumer segments (Ferral and Hartline 2012, 1). The uncertainty of the external environment provides greater motivation for a company, particularly ones operating in the hi-tech electronic sedulousness, to continuously innovate and develop high quality products. Development of marketing strategy enables valuation of a companys strengths and in turn allows an organization to capitalize on its strengths thereby providing a competitive advantage. Apple and Samsung, both virtually operating the same industry, employ their marketing strategy to prevail the competition in the companies macro-environment.Availability of resources is an important aspect of marketing strategy for organizations operating in the electronics industry (Viardot 2004, 196). The fast-paced environment in the digital world necessitates the presence of ample amounts of resources in order to salve the technology updated. For Apple, continuous innovation in technology and the need to develop popular consumer products requires large amounts of both, serviceman resource as well as capital for research and development (R&D). Such availability is decisive to a brands image, particularly ones that deal in high-tech goods and services. Same is the case with Samsung where rough-and-ready marketing strategy has allowed it to move its reputation to a premium electronics brand that has grown its market dower tremendously. All aspects of marketing strategy including pricing, distribution, etc, play a central role in the delivery of consumer triumph with the product (Chang 2011). Marketing strategy altogether acts to provide consumers with a superior user experience.Todays electronics industry is increasingly dynamic and the development of effective strategies and marketing plans are important for the success of organizations that hunt in the growingly competitive environment. Speaking about Apple
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