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CONFIDENTIAL
Presented by
• Sharad Jain (19)• Nikhil Jambhulkar (20)• Mukesh K Jha (22)• Sheetal Karekar (30)• Bhushan Pawar (43)
Presentation Include
Why Nokia ?
History
Mission statement
Brand personality
Market Segmentation
Target Market
Positioning
4Ps
BCG Matrix
SWOT analysis
Nokia Corporation is a Finland based multinational company
Headquarter -- Keilaniemi, Espoo, city neighboring Finland's capital Helsinki.
CEO -- Olli-Pekka Kallasvuo
Chairman -- Jorma Ollila.
Founder -- Fredrik Idestam in 1865.
Nokia started as a pulp, rubber and cable manufacturer
Market Share:36.2%
Turnover: € 19525 million(2010)
Why Nokia?
• Not only global presence but also one third of the brand’s revenues comes from outside its country of origin.
• The brand has a broad public profile and awareness.• The brand is positioned to play a significant role in the
consumers’ purchase decision.
Revenue Distribution
Why Nokia?
“ Nokia is world third richest company ”
LOGOS…LOGOS…
NOKIA Company logo, 1966.
The NOKIA "arrows" logo before its Connecting People logo.
"Connecting People" slogan, invented by Ove Strandberg.
Present LogoPresent Logo
Worlds Fastest Growing Brands
It also provides the services for network operators.
Company recorded revenues of 41,121 Million € in 2007 about 20.3% increase from 2006.
Company offers its products in 150 countries. Its HQ is in
Espoo, Finland and employees about 68,500 people . Other
company of Nokia are in China , Hungry , Germany , Korea and India
Some firsts for Nokia in India
• 1995 - First mobile phone call made in India on a Nokia phone on a Nokia network
• 1998 - Saare Jahaan Se Acchha, first Indian ringtone in a Nokia 5110• 2000 - First phone with Hindi menu (Nokia 3210)• 2002 - First Camera phone (Nokia 7650)• 2003 - First Made for India phone, Nokia 1100• 2004 - Saral Mobile Sandesh, Hindi SMS on a wide range of Nokia
phones• 2004 - First Wi-fi Phone- Nokia Communicator (N9500)• 2005 - Local UI in additional local language• 2006 - Nokia manufacturing plant in Chennai• 2007 – First vernacular news portal
Some Achievements for Nokia
• 2004 to 2008 – Ranked as the No. 1 telecommunications equipment
vendor in the country by Voice & Data for five consecutive years
• 2006– Ranked the No 1. MNC in India by Business world,
India’s leading business weekly
• 2008– Ranked No 1 Most Trusted Brand Survey by Brand
Equity
Recent Cases
• Allegation on Apple's iPhone and iPad 3G infringe on five of Nokia's patents.
• BL5c Batteries
HR Practices at Nokia
• Employee communications through intranet, emails, unions, forums and surveys
• 70-20-10 approach of training• Open dialogue regarding performance and
opportunities• Leadership model- True Nokia Leader• Rewards on basis of performance including
bonuses• Communication of rewards through news hub,
blogs, letter and face to face meetings• Investing in people• Nokia standards for factory labor conditions
Employees in Nokia(10 major countries)
CSR in Nokia
• Mobile technology for development
• Education
• Software for data gathering
• Accessibility for everyone
• Providing financial services through mobile technology
• Youth programmes
CSR in Nokia
• Employee volunteering
• Donations
• Response to disasters
• Creating environment friendly products
Environmental accord
• Nokia tops in maintaining green environment among electronic producers
• Nokia’s mobile phones are free of toxic polyvinyl chloride (PVC)
• New models of Nokia meet energy requirements
• Recycling old phones and using recycled plastics in its products
R & D Nokia
• 31% of Employees in research area• R & D expenses of EUR 5968millions in
2008 (11.8%) of total sales• Nokia research centre employs about
800 persons in 43 different countries• NRC has two fold approach- CTC and
SRC• Maintaining contact with academia,
industry colloborators and independent developers
Institutional tie-ups
• Aalto University School of Science and Technology, Finland
• École Polytechnique Federal de Lausanne, Switzerland • ETH Zurich, Switzerland • Massachusetts Institute of Technology, United States • Stanford University, United States • Tampere University of Technology, Finland • Tsinghai University, China • University of California, Berkeley, United States • University of Cambridge, United Kingdom • University of Southern California, United States
Nokia products…
Concept Phones…• Nokia is working on future of mobile
with their new concept Nokia "Scentsory".
• This new mobile device uses the sense of smell, sight, sound, and touch to create a multiscensory environment for the caller.
• Scentsory would be able to detect smells as well as radiate colors, lighting, and temperature of the caller with Dual screens and hidden camera
Time
Sale
s or
Pr
ofits
Growth
Maturity
Decline
Introduction
Sales curve
The Concept Phones
Nokia E- series
N- Series
Nokia 30 & 40 Series
Product life cycle of NOKIA
Marketing Strategies Nokia…• Focused on Handset Manufacture only • Enhance Product Portfolio • Increase Distribution Channels• Adjust Preferences for specific markets • Increase Commitment to Emerging Market• Improve Collaboration on Designs • Ensure Accountability and Quality• Aggressive Pricing
Segmentation Strategy Geographic: Nokia immediate geographic target is rural
India. o The total targeted population is estimated at
100 million.• In Pakistan a developing country nokia has mainly targetedo Entry level o Classic o Xpress music series
Demographic:o Ages 25-50, this is the segment that makes up
80% of the Nokia mobile phone market
Nokia uses a pricing strategy that best suits the product.
Market Penetration- Nokia 1100.
Market Skimming- N-95.
The Strategy which was used for N-Series & E-Series was Market Skimming.
Estimating cost – Experience Curve Theory :
P1
P2
P3
Price/Cost
Time Period / Units Produced
Experience Curve
T1 T2 T3
• Nokia has opened its retail outlet ‘Nokia Priority’ as well as many authorized dealers at various places.
Consumer
Manufacturer Dealer
Supply Chain Management
Channels:
Nokia > Distributor >> Whole seller >>> Retailer >>>> Customer
• AIDA in Nokia – :
• A – Attention : attract the attention of the customer.
• I – Interest : raise customer interest by demonstrating features, advantages, and benefits.
• D – Desire : convince customers that they want and desire the product or service and that it will satisfy their needs.
• A – Action : lead customers towards taking action and/or purchasing.
Discounts are provided to online Nokia purchasers through Nokia discount coupons or coupon codes
Commission is also provided to retailers on the sale of every Nokia cell phones and accessories.
Product Promotion…Advertising: Through TV, Sign boards, Bill
boards, Radio, Newspaper, Brochures, Posters, and display stands
• Public Relations ( PR )…
Nokia has strong PR. They keep on doing some or the other new events, programmes and publicity, so as to keep up with the brilliant image of the company and also to enhance the brand equity.
• Direct Marketing :
• Nokia does not perform Direct Sales activities on its official website www.nokia.com.
• Nokia use DEMO style of Direct Marketing.
• Nokia does not use Direct Mail or Telemarketing styles of Direct Marketing.
Lifecycle …• Globally Nokia’s market is at maturity, where as in
India it is still in the Growth stage.
Globally Placed Here
In India Placed hereRs.
Time
Product life cycle
PESTEL of NOKIA
POLITICAL FACTOR:
ECONOMIC FACTOR:
SOCIAL FACTOR:
Nokia has been a member of the United Nations Global Compact since 2001
Nokia reported spending $5.4 million on lobbying in the U.S. in 2007 and $2 million on lobbying in 2008.
Nokia had to change its functions from single market to global market due to collapse of Russian Federation.
TECHNOLOGICAL FACTOR:
LEGAL FACTOR:
Patents right on technology
ENVIRONMENTAL FACTOR:
Environmentally ethical considerations amongst suppliers. Life cycle impact of NOKIA throughout the supply chain
Improvement or Changes in technology
PESTEL of NOKIA
BCG Matrix of NOKIA
Premium SeriesN-Series
Entry Level Classic Series N-Gage
NETSALES BY BUSINESS GROUP
SHARES OF COMPANIES
ORGANISATIONAL STRUCTURE
MARKET PENETRATION STRATEGY
• DEALER NETWORK
• 3 TIMES THAN SIZE OF SAMSUNG
• 6 TIMES SIZE OF SONY
• R&D CENTRE
• COMMISSION TO DEALER
• INDIAN MARKET
MOBILE PHONEMULTIMEDIAENTERPRISE SOLUTIONNET WORKSRADIOCAMERA
SWOT ANALYSISStrength Weakness
Leader Flop models
Strong R&D Not concern about the lower class
Strong customer relations After sales service is not good.
User friendly
Wide range
Re-sell value
Opportunities Threats
New growth markets Strong competitors
Increase their presence in 3G Saturation in current market
Potential in Latin America Cheaper models from LG, Samsung, MMX
Growth in handset models to is slower
Impact of Recession
• 20-30% of workers sent for leave
• The sales have been hit hard
• Cut costs by roughly 700 million euro's.
Road ahead for NOKIA
• Nokia’s digital cloud by 2015
• Future Products
• Increasing Market share