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Team one marketing solutions
Identifying the problem
Research
Causes / assumptions
S.W.O.T
Alternatives
Solution and implementation
References
RIM has not been able to penetrate their desired consumer smart phone market
Traditional BlackBerry users
BlackBerry would like to capture market share in consumer market
RIM thinks of their company product as a stepping stone in the long term development of smart phones
BlackBerry released in 1999
Iphone released in 2007
BlackBerry’s first touch screen phone was the storm
Released the storm to become an Iphonekiller
Product breadth, RIM and Iphone
Market Share
Nokia
RIM
Apple
Others
Samsung
HTC
41 %
20%
11%
4%
21%
4%
Lack of brand breadth
Brand reputation/history
Not as user-friendly, eye-pleasing as its competitors
RIM is a powerful brand
RIM is carrier friendly
Significant penetration worldwide
Unique strategy
Customer loyalty
Lack of product breadth compared to competitors
Rely on vendors to support and service their products
Lack of reach to the consumer market
Increase in demand for smart phones
Further globalization
Brand loyalty
Increase in partnerships
Economy
Competition
Decline in average selling price
Advantages
Greater value for customers
Sales volumes increase
Save money on advertising costs
Disadvantages
Dependence on operators & carriers
Focusing efforts on market penetration
Unbalanced promotions
Advantages
Low cost of implementation
Excellent recognition of brand
Ability to partner with strong service providers
Disadvantages
Competition
Saturation
Diffusion of innovation
Advantages Adds value for consumers Creates value for RIM Improved brand awareness
Disadvantages Cost of research and development Competition of future technology Consumer bias`s
Product development
RIM should introduce a new product to the blackberry line targeted to the consumer segment
Re brand and re introduce the storm
Product extensions
Reverse engineering
Mass marketing campaign
Advertising mediums
Business to consumer education
Updating current service providers
Co branding
Software
Service providers
Test market
Timing
New markets
Comparability
Lower manufacturing cost
Higher marketing budget
Introduction
Discounts
Maturity
Case study
Marketing text book
www.rim.com
http://forums.crackberry.com
http://gizmodo.com
www.wikepedia.com
www.apple.com/ca/iphone