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PRESENTATION ON INNOVATION MARKETING

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SIMPLE PRESENTATION WITH SIMPLE EXAMPLE

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  • 1. A PAPER ONPRESENNTED BYSURESH KUMAR ASST.PROFESSOR

2. INTRODUCTION Marketinginnovation is thebreakthrough in the marketing mix aimed at addressing an identified consumer hurdle. Provides insights to developbig ideas. Createsconsumers.highlysatisfied 3. IMPORTANCE Develops global economy. Improves traditional trading. Introduces new technologies. It gives better results to meetnew necessities , incoherent needs, existing marketing requirements etc.. 4. STEPS TO INNOVATE THE BUSINESS Digital marketing New product development Advertisement campaign Motivation as a marketingstrategy 5. AN EXAMPLE TO MARKETING INNOVATION Apples Innovation Marketing Strategies Apple revolutionalised the globe with its marketing strategies Apple is the magic of Steve Jobs who implanted innovation in marketing It is the most profitable retailer in the entire United States 6. MARKETING KEYS OF APPLE Itsabilityunderstandtoanotherperson To connect at core Summedup in oneword : Empathy 7. SUCCESS OF APPLE i-Phone MARKETING STRATEGY Since its launch in 2007 andtill the end of 2013 apple sold 500 million i Phones In 2012 sold 120 million iPhones In 2013 sold 160 million iPhones 8. APPLES TECHNOLOGICAL INNOVATIONS IN i-Phones Launched in 2007 Sold 500 million units in 6 years June,2007-first generation i Phoneslaunched only in US Nov 2007 launched inGermany, UK, France July 2008 second generation iPhones, the i Phones 3G launched in 21 9. APPLES TECHNOLOGICAL INNOVATIONS IN i-Phones June 2009 the third generation i Phones, the i Phones 3GS was launched June 2010 fourth generation i Phones , i Phones 4 was launched 2011- i Phones 4S was launched Sep 2012 i Phones 5 was launched 2013 i Phones 5C and 5S was launched 10. MARKETING STRATEGY i-Phone EachIphonegeneration had more featuresthantheprevious generation. Planned obsolescencehas been a consciousmarketing strategy by apple. 11. CONCLUSION The intensity of technological change is shapingorganizational innovation. Successful innovation needs a strong marketing effort in order for this innovation to have an impact in the society, it needs to be known and desired by consumers. As a result, innovation is increasingly pursued by a community of highly specialized organizations like apple united their desire to serve specific customers and continuing their success stories 12. THANK U Have a nice day