Marketing Strategies in Smart Phones and Smart Watches

Marketing Strategies in Smart Phones and Smart Watches

Marketing strategies in smart phones and smart watches;

  1. Product strategy;

This strategy is considered as a roadmap for smart phones and smart watches which outline an end to end vision covereage. Compains will write in strategy planning and marketing such as smart phone and smart watches focus on their target market for respective products. So that in product strategy we can forecast the demand for our smart phones, through this performance improvement in smart phones and smart watches can be possible which will incress the sales volume.

  1. Price strategy;

For smart phones, and watches business must focus on pricing strategy particularly penetration marketing affordable cost and quality will attract the new customers. So that annial revenue generation will increase. As an example, our product enters into the Asian market with market penetration strategy and we will try to largest selling our smart phones in India with a high level of customer satisfaction and performance delivered.

  1. Place strategy;

It outlines where our company will place it’s products and services to gain market share. The location must be in a proper communication place which will ensure more customers to the stroe. As an example, we try to lanch our products in outlet malls and big shopping centers that’s how we attract more and more customers. Ultimately our product sales volume will raise and better customer service can be implemented.

  1. Promotion strategy;

Promotion strategies like online marketing, sales promotion, and advertisement will help the business to capture the market of all age income groups suach as we launch smart watches in Asia with online promotion through flipkart and amazon. That’s how we increase our net earning.

Marketing Program

  1. Market Product

Smartphones are becoming huge repositories of information on according to person taste and preference. Smartphones have now replaced some extent to desktops & laptops, now a person can check an email on mobile phones. Usage of the smartphone has increased it can be used for calling, chatting, mailing, etc. There are various brands available in the market on the basis of requirement as iphone, android versions.

Smartwatch is a portable wearable device used to track various activities as steps covered in a day, calories burnt, heart rate & others. Smart watch hasa touchscreen display which consists of various apps, with internet connectivity, it can be used as a mobile phone.

       2) Focus Objective

Smartphones – Initially smart phones or mobile phone are developed for calling purpose, now the scenario has been changed. WIth stronger hardware capabilities & extensive mobile operating system which facilitate software, internet, and multimedia functionality.

Smartwatches initially have fewer features. Now with mobile connectivity with bluetooth, wifi. it can be used in place of mobile. It can be used as a fitness band, health instructor and easy to carry due to its portable design.

       3) Target Market

Smartphones have targeted market of all class, age, groups, and genders. There is no limitation boundary with its operations is all over the world. Due to globalization, developing countries are the biggest exporter of smartphones. Such as China is the world’s largest smartphone market.

Smartwatches have a limited market as it is popular among sportsmen, fitness instructors. But in the coming years with its new features, it is trying to capture the market.

        4) Points of Difference

Smartphones, no doubt are more in demand due to its unique features, available in the market in different designs, specification, a version which suits the need of buyers. Cost wise it is cheap as according to its features. Any class of buyers can afford to buy smartphones. Also, smartphones are user friendly, so it impacts all range of buyers either literate or illiterate.

Whereas, smartwatches are still struggling to capture the market, as it is focused on a particular class of buyers. And also there is less design available with limited features. Cost wise it is expensive as compared to smartphones.

       5) Positioning

Smartphones are more sellable electronic items. Some brands such as Samsung, Nokia, iPhone, Xiaomi, Oppo. According to vendor data fourth quarter report of 2018, smartphone companies shipped a total of 376.5 million units worldwide.

Smartwatches  Brands such as Samsung, Apple, FitBit, etc. are selling smart watches Apple leads in smartwatch industry with 50% market share. Get Finance homework help today

HelpHub
Calculate your paper price
Pages (550 words)
Approximate price: -

Why Work with Us

Homework Market

Top Quality and Well-Researched Papers

We always make sure that writers follow all your instructions precisely. You can choose your academic level: high school, college/university or professional, and we will assign a writer who has a respective degree.

Homework Market

Professional and Experienced Academic Writers

We have a team of professional writers with experience in academic and business writing. Many are native speakers and able to perform any task for which you need help.

Homework Market

Free Unlimited Revisions

If you think we missed something, send your order for a free revision. You have 10 days to submit the order for review after you have received the final document. You can do this yourself after logging into your personal account or by contacting our support.

Homework Market

Prompt Delivery and 100% Money-Back-Guarantee

All papers are always delivered on time. In case we need more time to master your paper, we may contact you regarding the deadline extension. In case you cannot provide us with more time, a 100% refund is guaranteed.

Homework Market

Original & Confidential

We use several writing tools checks to ensure that all documents you receive are free from plagiarism. Our editors carefully review all quotations in the text. We also promise maximum confidentiality in all of our services.

Homework Market

24/7 Customer Support

Our support agents are available 24 hours a day 7 days a week and committed to providing you with the best customer experience. Get in touch whenever you need any assistance.

Try it now!

Calculate the price of your order

Total price:
$0.00

How it works?

Follow these simple steps to get your paper done

Homework Market

Place your order

Fill in the order form and provide all details of your assignment.

Homework Market

Proceed with the payment

Choose the payment system that suits you most.

Homework Market

Receive the final file

Once your paper is ready, we will email it to you.

Our Services

No need to work on your paper at night. Sleep tight, we will cover your back. We offer all kinds of writing services.

Homework Market Homework Market

Essays

Essay Writing Service

No matter what kind of academic paper you need and how urgent you need it, you are welcome to choose your academic level and the type of your paper at an affordable price. We take care of all your paper needs and give a 24/7 customer care support system.

Homework Market Homework Market

Admissions

Admission Essays & Business Writing Help

An admission essay is an essay or other written statement by a candidate, often a potential student enrolling in a college, university, or graduate school. You can be rest assurred that through our service we will write the best admission essay for you.

Homework Market Homework Market

Reviews

Editing Support

Our academic writers and editors make the necessary changes to your paper so that it is polished. We also format your document by correctly quoting the sources and creating reference lists in the formats APA, Harvard, MLA, Chicago / Turabian.

Homework Market Homework Market

Reviews

Revision Support

If you think your paper could be improved, you can request a review. In this case, your paper will be checked by the writer or assigned to an editor. You can use this option as many times as you see fit. This is free because we want you to be completely satisfied with the service offered.