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7/28/2019 Theory to Evaluate the Marketing Strategy of Ibm
1/19
THEORY TO EVALUATE THE MARKETING STRATEGY OF IBM
It is by the use of marketing theory and concepts; we are evaluating the determined
marketing strategy of IBM in attaining its organisational goals and objectives. Initially
the proceedings are related to the importance and the use of information in successful
marketing strategies by IBM. Then there is the discussion about IBM marketing
strategies in terms of their overall organisational strategy. We will make an analysis
over the application of IBM marketing strategies in global context. Lastly we will
assess IBM e-business strategies in marketing domain.
International Business Machines Corporation, or the IBM, is basically a multinationalcomputer technology and has got hold over IT consulting services. The company has
established itself as one of the selected information technology companies since 19th
century. Adoption of marketing strategies for IBM has been a planned structure since
19th century and by means of these strategies it has earned enough success all over
the world. With its growth in the manufacturing as well as marketing domains of
computer hardware and software, it has gained the nickname of "Big Blue". On
marketing grounds, IBM follows strict infrastructural services, added by hosting
provisions and consulting services in various areas from mainframe computers to the
persuasion of nanotechnology.
The company considers that to make marketing strategies, it is important to have
appropriate decisions that can well enhance all kinds of competitive advantages and
can create all kinds of new sources of value for the purpose of improving the
organisational revenue growth. As declared in its official website. IBM considers that
their strategy and change services target in helping their clients in transforming their
economy and related businesses by the scope of identifying strategic options. This
further gets added by provisions for developing strategic and planned change
programs to meet the demands of their consumers. According to Luq Niazi, Leader -
Strategy and Change,
"When the leaders of an organisation think about their business as components, it
becomes clear which ones they need to own - and which they do not"
7/28/2019 Theory to Evaluate the Marketing Strategy of Ibm
2/19
Importance and use of information in IBM marketing strategy
The importance and use of information is very vital for gaining success and thus IBM
in particular came up with Social Networking provisions. It is an absolute means of
sharing ideas, complains and letters of appreciation in public. By means of adopting
networking opportunities, IBM established its strong hold over competitive market. It
is through the provision of Social Networking (SN), that IBM could establish its
commitment to technology and SN mindset. The company uses its technological
supports and draws new kinds of driving features. IBM is the first major IT supplier
that has got potential provisions for SN in the process of changing the entire
enterprise along with a credible application to address the market.
By means of investments made in the SN domain, IBM has gained enough market
strengths in the enterprise lineage, global services, and deep pockets and above all in
gaining loyal customers. By success of SN, IBM proved to be a fine player in the
domain of information networking. The proceedings have added many advantages to
its organisational global services. SN for enterprises has been implemented with
enough marketing strategies and this is what providing IBM with technical expertise
in the field of organizational/adoption issues. The launching of more facilities related
to SN are relevant to the competition of the market. The launcher came up with a new
idea and launched it much before anybody can ever think of it. The second big thing
to the adoption of marketing strategy is the IBM's mindset in the launching of Lotus
Connection. It is an information networking process with collaboration-centric
approach to SN and helps in information sharing and uninterrupted workflow. By few
minutes of exploration anybody can well get hold over its functionalities. IBM kept it
easy and user friendly; the basics of marketing strategies.
When it comes to the use of information system in IBM, the adoption of unique kind
of marketing strategies is predominant. The basic approach is in being innovative ad
adopting something that is very user friendly and easy for the customer to adopt.
Complicacies in the same field can lead to failure of the same. This is the reason that
IBM lays emphasis over making it simple, easy and sharing more than the consumer
can expect. Once there is a kind of trust and sense of being facilitated gets into the
consumer, he hardly will opt for any other company and this is what IBM believes to
the core. Application of innovative ideas in the field of information sharing units can
7/28/2019 Theory to Evaluate the Marketing Strategy of Ibm
3/19
be of great risk, but under the marketing strategy of IBM, this risk has been taken
again and again with enough success.
IBM marketing strategy in relation to Organisational strategy
The measurement of strategic effectiveness in an organizational strategy can be
discovered through SWOT analysis. This is a structure that figure out strengths,
weaknesses, opportunities and threats of a particular company. Added to this there is
the initiation led by Johnson and Scholes model for corporate strategy (Rifkin, 2001).
Under this persuasion we can evaluate a company on the basis of three key success
criteria. These are marked as following;
Suitability can be assessed to identify the factors that will support the strategies.
Feasibility is all about the adoption of executing the strategy into practical field.
Acceptability is something that will determine the reactions that the organisation
will receive by the execution of the strategies.
At IBM there is enough encouragement for creative marketing tactics. Anybody
within the organisation can attain these tactics. The application of SWOT and the
Johnson and Scholes model proves that IBM has got enough potentiality to gain well
crafted assessment about itself. Its main strength lies in identifying its weaknesses.
The approaches are all very professional and the marketing persuasions are well
structured as per the organisational structure. As per the declarations made by the
official site of IBM, the basic marketing strategy in relation to organisational strategy
adopted by IBM is more concerned about the proceedings led by HRM. The
perspectives of organisational dealings are strategically adopted to meet the demands
of HRM.
The typical business culture of IBM is customer centric and for that they make their
HR department feel the responsibility. It has been marked that on traditional ground
many IBM executives along with aspiring general managers are selected for the
purpose of improving sales force and market oriented projects. It can be well marked
as Samuel J. Palmisano, the current CEO, IBM; initially joined the company in theposition of a salesman.
7/28/2019 Theory to Evaluate the Marketing Strategy of Ibm
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Global context in IBM marketing planning
In global context, IBM has proved to sustain in the most difficult situations. It has
overcome the recent twists and turns led by 'bricks-and-clicks'. Despite the fact that
this marketing strategy adopted by IBM was considered to be an early lead by the
field of Internet pure plays. However amidst all the hurdles IBM is now achieving
milestones through the advantages forwarded by brick-and-click enterprises. It is
through this enterprise that IBM can be considered as a big player in terms of getting
hold over the global marketing plans. Its formulisations are inclusive of creating a
global brand blueprint. It is a mode that usually gets expressed locally and after
attaining some success approaches on global grounds. IBM always follows the
process of establishing central framework and then architects the relevant consumer
experiences to gain consistency with the brand.
IBM always concentrates in gaining single view from its consumers and that helps in
assessing the risk factors of global marketing strategies (Rometty, 2001). In order to
meet the diversified point of views, IBM follows the structure noted below;
Process of analysing the context of 'when', 'where' and 'how' the appropriate and
relevant customer data can be collected. This is an approach that is done under the
provision of practical market survey.
The means to create absolute governance framework with special attentions led
over management policies and overall practices. These are the sources that are
collected through the purpose of encouraging customer centricity added by the scope
to safeguard customer privacy.
Approaches led by institute consistent processes for target customer is the next step.
In this process the relationship led by the management across all the domains of sales
and provided services of the organisation are scrutinized professionally.
IBM and e-business strategies
The motive of any electronic business is to achieve consumer demands through
internet networking. This is a provision that can collect more consumers all over theworld with very minimum investment. It is an exclusive means adopted through the
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dealings related to information and communication technologies. For the development
of business proceedings through ICT is considered to be the best means. In case of
IBM the role of e-business is very strong. Through e-business strategies, IBM is
enabling itself to all kinds of external activities and is applying determined
relationships for respective business dealings, with individuals, diversified groups and
all other corporate. According to 'Who Says Elephants Can't Dance?'; a book by a
former CEO of IBM, Louis Gerstner (2003), the approach of IBM for "e-Business
strategies is handled under IBM's marketing provisions and under specialised internet
teams since 1996.
It is through its e-business strategies that IBM is able to link its internal as well as
external data processing systems with more efficiencies and flexibilities. E-business
helped IBM in coming much closer to its consumers and that builds the bridge of
reliability and consumer loyalty to the brand. The proceedings led by IBM for the
development and implementation of e-business are more strategic and led
concentration over diversified functions occurring through electronic capabilities.IBM
is also a part of the entire value chain proceeding for more profitable dominance over
the local as well as global market. There are some predominant sectors where the e-
business strategies are applied to gain more trust and money from the consumer.
These activities are noted below;
electronic purchasing
supply chain management
processing orders electronically
handling customer service
These proceedings are adding special technical standards in the e-business structure of
IBM. It is also utilising e-business strategies to exchange of data between its partners
and associate companies. As a matter of fact the e-business strategies of IBM are not
much different from the other marketing strategies. The basic difference however
depends over the expansion of management for sending and receiving contracts from
the consumer. It is under this strategic implementation that IBM has adopted many
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IBM is carrying out a project focused on developing a computer that would work as a
brain, so it can solve problems by considering the real context in which the things are
happening.
This type of technology is called Cognitive computing, and it will require the
combined work of neurobiologists, computer and materials scientists and
psychologists. In order to develop the project, some researchers from Stanford
University, Cornell University and the University of California-Merced are
collaborating. Besides, the project is supported by the Defense Advanced Research
Projects Agency that has invested $4.9 million.
The mind has an amazing ability to integrate ambiguous information across thesenses, and it can effortlessly create the categories of time, space, object, and
interrelationship from the sensory data, said Dharmendra Modha, a researcher at
IBM who is leading the collaboration.
There are no computers that can even remotely approach the remarkable feats the
mind performs, said Modha. The key idea of cognitive computing is to engineer
mind-like intelligent machines by reverse engineering the structure, dynamics,
function and behavior of the brain.
SEGMENTATION OF THE MARKET
THE COUNTRY CHOSEN IN THIS CASE IS UNITED KINGDOM
NEUROSCIENCE, SUPERCOMPUTING, NANOELECTRONICS
Market segmentation is a strategy that involves dividing a larger market into subsets
of consumers who have common needs and applications for the goods and services
offered in the market. These subgroups of consumers can be identified by a number of
different demographics, depending on the purposes behind identifying the groups.
Marketing campaigns are often designed and implemented based on this type of
customer segmentation.
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In this case we can segment the market by the age group of the people who will be
using the end product; this type of computer will be mostly used by the older group of
people who understand what is nanoelectronics and its applications.
SELECTION OF TARGET MARKET
Target Marketing involves breaking a market into segments and then concentrating
your marketing efforts on one or a few key segments.
Psychographic segmentation based on lifestyle preferences, such as being urban
dwellers
DIFFRENTAITION AND POSITIONING OF THE OFFERING IN THE
CUSTOMERS MIND
In marketing product differentiation is the process of distinguishing a product or
offering from others, to make it more attractive to a particular target market. This
involves differentiating it from the competitors products as well as ones own
products.
Differentiation in quality is what IBM will be aiming for in this product as this
product will of superior quality and design which will give IBM a competitive edge
over other companies which plan to launch such a product in the future.
MARKETING OBJECTIVES
Short term targets for milestones with defined measurable achievement.
For example if IBM is planning to get over a million units of sale in this particular
year, then objectives should be defined in such a way
That actual performance can be compared with the objective.
A MARKETING MIX FOR THE NEW PRODUCT OR SERVICE
Product
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The product is cognitive computing
Price
The price would be based on development costs plus profits
Place
The place of launch would be united kingdom
Promotion
The product would be promoted to the age group of over 25 yrs
People
British organisations aim to apply for the Investors In People accreditation, which
tells consumers that staff are taken care off by the company and they are trained to
certain standards.
Process
Banks that send out Credit Cards automatically when their customer's old one has
expired again require an efficient process to identify expiry dates and renewal. An
efficient service that replaces old credit cards will foster consumer loyalty and
confidence in the company. Hence efficiency is our aim.
Physical evidence
Physical evidence is an essential ingredient of the service mix, consumers will make
perceptions based on their sight of the service provision which will have an impact on
the organisations perceptual plan of the service.
AN INDICATION OF THE COSTS OF THE MARKETING STRATEGY AND
WHEN IBM SHOULD EXPECT A RETURN ON THEIR INVESTMENT
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There is a strong opinion that costs of the projects would be above 10 million as the
Defense Advanced Research Projects Agency that has invested $4.9.
Hence according to calculation which are based on profits over a period of time, it
would take five years to get back the investment.
BIBLIOGRAPHY
BOOKS
Gerst, Louis V. (2003) Who Says Elephants Can't Dance. Leading a Great Enterprise
through Dramatic Change. Harper Paperback
Bruce Barkley (2008) Project management in new product development. McGraw-hill
books
Rifkin, J. (2000) The Age of Access, Putnam Books, New York
WEBSITES
IBM Global Business Services, http://www-935.ibm.com/services/uk/index.wss/home
[retrieved on 19th Nov. 2009]
Rometty, Ginni (2001) Five marketing tips for the digital age. http://www-
935.ibm.com/services/au/index.wss/ibvstudy/igs/a1006209?cntxt=a1005848
[retrieved on 19th Nov. 2009]
Spooner, John G. (2002) IBM meets lowered estimates. Staff Writer, CNET News
April 17, 2002 http://news.cnet.com/IBM-meets-lowered-estimates/2100-1014_3-
885259.html [retrieved on 20th Nov. 2009]
http://www.modha.org/
Read more: http://www.ukessays.co.uk/essays/education/ibm-marketing-strategies.php#ixzz2POd4dukp
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Marketing strategies of IBM
Marketing Strategies of IBM
Introduction
This study aims at examining the use of theoretical marketing approaches in the
practical business scenario. In this domain the marketing strategy of IBM has been
considered on empirical grounds. It is by the use of marketing theory and concepts
that the study evaluates the marketing strategies of IBM and its role in fulfilling the
firm' overall goals and objectives. Four specific aspects of marketing strategy
evaluation are assessed in this study. Initially the proceedings are related to the
importance and the use of information in successful marketing strategies by IBM.
This is followed by a discussion on IBM marketing strategies in relation to its
organisational strategy. The paper also makes an analysis of the application of IBM
marketing strategies in global context. Lastly e-business strategies of IBM in the
marketing domain are assessed.
Evaluation of marketing strategy of IBM
International Business Machines Corporation, better known as IBM, is a multinational
IT company involved in the manufacture and retail of computer hardware and
software applications, and IT consulting services. Employing the best talents in the
industry, IBM is today the largest as well as the most profitable information
technology employer in the world. Despite of the adverse economic conditions, the
firm achieve a significant increase in its net revenue and income in 2008 compared to
previous years.
Well - devised and efficient marketing strategies have been the key to IBM' global
success. The company strongly believes that devising effective marketing strategies
requires making appropriate decisions that can well enhance all kinds of competitive
advantages and can create all kinds of new sources of value for the purpose of
improving the organisational revenue growth. According to Luq Niazi, Leader of
Strategy and Change at IBM, "when the leaders of an organisation think about their
business as components, it becomes clear which ones they need to own - and which
7/28/2019 Theory to Evaluate the Marketing Strategy of Ibm
12/19
they do not". This clearly indicates the great emphasis that IBM places on the
performance and decision making capabilities of leaders in devising effective
marketing strategies. In addition, the firm also considers understanding the
requirements and needs of customers as crucial for developing effective marketing
strategies. Understanding the innovative demands of customers lies at the core of
developing effective marketing strategies.
Based on IBM' market share and dominance in the IT industry, the firm can be aptly
described as a 'market leader'. Being a market leader, an important marketing strategy
which IBM uses against its competitors is the defensive marketing warfare strategy.
The defensive marketing strategy involves the firm employing tactics to maintain its
market share. There are several tactics that firms use for defending their market share,
such as fortification, counterattack, mobile defence and strategic retreat (Ries and
Trout, 2005). Being the courageous market leader that IBM is, the firm adopts the
best defensive marketing strategy which is "self attack". IBM' strategy is "cheaper and
better than IBM". Aware of IBM' tactic, customers wait for IBM' new prospects as
they know that the Big Blue will constantly introduce new and better products which
makes the firm' own products obsolete. Another key marketing strategy employed by
IBM for sustaining its market leadership is product differentiation strategies. Product
differentiation can be achieved using a variety of factors such as distinctive products,
reliability, durability, product design etc (Kurtz and Boone, 2006). IBM uses a
product differentiation strategy based on quality of performance. In line with its quest
for further growth and market leadership, the firm adopts a diversification strategy.
The importance of IBM' growth strategy has heightened in the current economic
situation with companies in the computer industry having faced a massive drop in the
industrial production and productivity of computer hardware and the future growth forthis segment also appearing dim. In such a context, IBM has strategically reduced its
exposure to hardware by diversifying into software and services.
IBM also realises the importance of maintaining good relationships with its customers
and in line the firm lays great emphasis on trust - based marketing strategies. Trust
based marketing strategies stress on the need for organisations to gain ethical hold
over consumer dealings and also be honest and open about its products and the
services. For IBM, adoption of this strategy has been very effective in developing its
7/28/2019 Theory to Evaluate the Marketing Strategy of Ibm
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brand identity and image. In all of its marketing activities, the firm strives at building
customer trust and loyalty.
Importance and use of information in IBM marketing strategy
The importance and use of information is vital for gaining success. In line, IBM
adopted the strategy to take up Social Networking to the work place. It is an absolute
means of sharing ideas, complains and letters of appreciation in public. By means of
adopting networking opportunities, IBM established its strong hold over competitive
market. It is through the provision of Social Networking (SN), that IBM established
its commitment to technology and developed an enterprise - wide SN mindset. IBM is
the first major IT supplier that has got potential provisions for SN and is in the
process of changing the entire enterprise along with a credible application to address
the market.
By means of investments made in the SN domain, IBM has gained enough market
strengths in the enterprise lineage, global services, deep pockets and above all in
gaining loyal customers. By success of SN, IBM proved to be a fine player in the
domain of information networking. The proceedings have added many advantages to
its organisational global services. SN for enterprises have been implemented with
enough marketing strategies and this is what is providing IBM with technical
expertise in the field of organizational/adoption issues. The launching of more
facilities related to SN are relevant to the competition of the market. The launcher
came up with a new idea and launched it much before the though had developed in
anyone' mind. The second big thing to the adoption of marketing strategy is the IBM's
mindset in the launching of Lotus Connection. It is an information networking process
with collaboration-centric approach to SN and helps in information sharing and
uninterrupted workflow. By few minutes of exploration anybody can well get hold
over its functionalities. IBM kept it easy and user friendly; the basics of marketing
strategies.
When it comes to the use of information system in IBM, the adoption of unique kind
of marketing strategies is predominant. The basic approach is in being innovative and
adopting something that is very user friendly and easy for the customer to adopt.Complicacies in the same field can lead to failure of the same. This is the reason that
7/28/2019 Theory to Evaluate the Marketing Strategy of Ibm
14/19
IBM lays emphasis over making it simple, easy and sharing more than the consumer
can expect. Once there is a kind of trust and sense of being facilitated gets into the
consumer, he hardly will opt for any other company and this is what IBM believes to
the core. Application of innovative ideas in the field of information sharing units can
be of great risk, but under the marketing strategy of IBM, this risk has been taken
again and again with enough success.
IBM marketing strategy in relation to Organisational strategy
The strategic effectiveness of an organizational strategy can be measured using
SWOT analysis. This is a structure that figure out strengths, weaknesses,
opportunities and threats of a particular company. Incorporating the Johnson and
Scholes' model for corporate strategy into this structure creates three success criteria
for evaluating a firm (Rifkin, 2001). These are as following;
Suitability can be assessed to identify the factors that will support thestrategies.
Feasibility is all about the adoption of executing the strategy into practicalfield.
Acceptability is something that will determine the reactions that theorganisation will receive by the execution of the strategies.
At IBM, employees are greatly encouraged to initiate creative marketing tactics. The
application of SWOT and the Johnson and Scholes model proves that IBM has got
enough potentiality in developing well crafted assessment about itself. Its main
strength lies in identifying its weaknesses. The approaches are all very professional
and the marketing persuasions are well structured as per the organisational structure.
As per the declarations made by the official site of IBM, the basic marketing strategy
in relation to organisational strategy adopted by IBM is more concerned about the
proceedings led by HRM. The perspectives of organisational dealings are strategically
adopted to meet the demands of HRM.
The typical business culture of IBM is customer centric and in hence a substantial
amount of responsibility is placed on the HR department. It has been marked that ontraditional ground many IBM executives along with aspiring general managers are
7/28/2019 Theory to Evaluate the Marketing Strategy of Ibm
15/19
selected for the purpose of improving sales force and market oriented projects. It can
be well marked as Samuel J. Palmisano, the current CEO, IBM; initially joined the
company in the position of a salesman. With his determination and marketing
strategies he achieved the position that he currently occupies (Spooner, 2002).
Though it is unusual for a CEO's profile, but in IBM, growth of the organisation and
the people working for it are directly proportionate to performances led in the field
and the adoption of the marketing strategies which respond adequately to competitive
pressures.
Global context in IBM marketing planning
In the global context, IBM has proved itself as a strong contender by managing to
sustain in the most difficult situations. It has overcome the twists and turns it initially
faced in adjusting to the 'bricks-and-clicks' business structure. Overcoming all the
hurdles IBM is now achieving milestones through the advantages forwarded by brick-
and-click enterprises. It is through this enterprise structure that IBM has transformed
into a major player in terms of getting hold over global marketing plans. Its
formulisations are inclusive of creating a global brand blueprint. It is a mode that
usually gets expressed locally and after attaining some success approaches on globalgrounds. IBM always follows the process of establishing central framework and then
architects the relevant consumer experiences to gain consistency with the brand.
IBM always concentrates in gaining single view from its consumers and that helps in
assessing the risk factors of global marketing strategies (Rometty, 2001). In order to
meet the diversified point of views, IBM follows the structure noted below;
Process of analysing the context of 'when', 'where' and 'how' the appropriateand relevant customer data can be collected. This is an approach that is done
under the provision of practical market survey.
The means to create absolute governance framework with special attentionsled over management policies and overall practices. These are the sources that
are collected through the purpose of encouraging customer centricity added by
the scope to safeguard customer privacy.
7/28/2019 Theory to Evaluate the Marketing Strategy of Ibm
16/19
Approaches led by institute consistent processes for target customer is the nextstep. In this process the relationship led by the management across all the
domains of sales and provided services of the organisation are scrutinized
professionally.
The process of appointing efficient team leaders and strong managementinitiators. IBM also appoints a leader who can perform as a single customer
advocate and is very much accountable for all the sorted touch points.
The marketing strategies adopted by IBM to meet global demands and competitions
are well inclusive of a robust infrastructure. It has the provision for optimising
flexibility and a hub-and-spoke architecture for collecting consumer demands on
global arena. There is also well marked acknowledgement for all the innovative ways
adopted by the partners of IBM. Developments attain by the partners of IBM in global
terms is also directly related to the marketing strategies followed by IBM. IBM
understands the fact that partners can add much hold over the local market and can
reach the consumer with more in-depth formulations. This is the reason that they
believe in developing capitalized relationship with these partners for future
opportunities.
IBM and e-business strategies
The motive of any electronic business is to efficiently meet consumer demands
through internet networking. The internet provides a medium for businesses to reach
out to customers globally at very low costs. It is an exclusive means adopted through
the dealings related to information and communication technologies. In case of IBM
the role of e-business is very strong. Through e-business strategies, IBM is equipping
itself with all kinds of external activities and is applying determined relationships for
respective business dealings; with individuals, diversified groups and corporate
clients. According to 'Who Says Elephants Can't Dance?'; a book by a former CEO of
IBM, Louis Gerstner (2003), IBM' approach for e-Business strategies is handled by
specialised e - business teams operating under IBM's marketing department.
It is through its e-business strategies that IBM is able to link its internal as well as
external data processing systems with greater efficiency and flexibility. E-business
7/28/2019 Theory to Evaluate the Marketing Strategy of Ibm
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helped IBM in reaching closer to its consumers, conveying the message of reliability
and in urn enhancing customer loyalty to the brand. The proceedings led by IBM for
the development and implementation of e-business concentrate on the diversified
functions occurring through electronic capabilities. IBM is also a part of the entire
value chain proceeding for more profitable dominance over the local as well as global
market. There are some predominant sectors where the e-business strategies are
applied to gain more trust and money from the consumer. These activities are noted
below;
electronic purchasing supply chain management processing orders electronically handling customer service cooperating with business partners
These proceedings add special technical standards in the e-business structure of IBM.
The firm also utilises e-business strategies to exchange of data between its partners
and associate companies. As a matter of fact the e-business strategies of IBM are not
much different from the other marketing strategies. The basic difference however
depends over the expansion of management for sending and receiving contracts from
the consumer. It is under this strategic implementation that IBM has adopted many
local dealers to be a part of its services. These dealers are of course selected through
some professional modes. The reputations of these dealers are marked by IBM first
before offering the partnership. In terms of services for each product sold through e-
business, IBM provides appropriate training to all those people who are a part of this
structure. With strategic planning IBM is also into the dealings related to integrated
intra and inter firm business proceedings.
Conclusion
From the above discussions, it can be derived that the marketing strategies adopted by
IBM are built on the structure of trust - based marketing, defence marketing warfare,
product differentiation and diversification marketing strategies. It is through the
appropriate use of these theoretical approaches that IBM has established itself very
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strongly in the traditional marketplace as well as in the burgeoning online
marketplace. IBM strives at fulfilling the needs and expectations of its customers and
in enhancing customer trust and loyalty. The products and services provided by IBM
can guarantee their utility to the customer's satisfaction. In a nutshell, IBM is a
courageous risk - taker that places great emphasis on innovative ideas for further
growth. In line, the firm explores the consumer's domain through proper hold over
local and global proceedings.
References
Emerson, W.P. (1996) Building IBM: Shaping the Industry, Massachusetts Institute of
Technology, USA.
Gerst, Louis V. (2003) Who Says Elephants Can't Dance? Leading a Great Enterprise
through Dramatic Change. Harper Paperback
Ham, A. and Rastelli, L.G. (2002) Marketing - Essential techniques and strategies
geared towards results, John Wiley and Sons Inc, USA.
IBM Global Business Services, http://www-935.ibm.com/services/uk/index.wss/home[retrieved on 19th Nov. 2009]
Kurtz, D. L. and Boone, L.E. (2006) Principles of Marketing, 12th edn, Thomson
South-western, USA.
Ries, A. and Trout, J. (2005) Marketing warfare, Pearson, UK.
Rifkin, J. (2000) The Age of Access, Putnum Books, New York
Rometty, Ginni (2001) Five marketing tips for the digital age.
http://www.935.ibm.com/services/au/index.wss/ibvstudy/igs/a1006209?cntxt=a10058
48 [retrieved on 19th Nov. 2009]
Spooner, John G. (2002) IBM meets lowered estimates. Staff Writer, CNET News
April 17, 2002 http://news.cnet.com/IBM-meets-lowered-estimates/2100-1014_3-
885259.htm [retrieved on 20th Nov. 2009]
7/28/2019 Theory to Evaluate the Marketing Strategy of Ibm
19/19
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ibm.php#ixzz2POdx0EYf
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