SlideShare una empresa de Scribd logo
1 de 25
Presented By
Danial Razzaq
Muhammad Zeeshan Azam
Ahmed Asif
Presented to
Sir Shazif Iqbal
Table of Contents
• Brand and product of our choice
• Marketing strategy and Marketing Mix
• Marketing Environment
• Competing brands
• Characteristics affecting consumer behavior
• Buyer decision process
• Market Segmentation and Type of the product category
• Lifecycle of the brand w.r.t product
• Product attributes with other Variance
• Price decision and Strategy
• Nature of marketing channel, factors for designing and challenges the company faces
• Promotion mix of the brand and IMC
• Sales promotions
• 1P of marketing mix which should change
• Campaigns and ATL & BTL strategies
• Interview questions
About the Product and Brand
• Samsung is a South Korean Multinational Electronics Company
• They employ 236,000 people across 79 countries with
• Annual sales of US $187 billion.
• Mr. John Park, Managing Director of Samsung EC Pakistan Pvt. Ltd.
• Smart TV is the product of our choice. Smart Thinking, Simple Living
• It has latest features of Motion Control, Face Recognition and Voice Control
• Smart Interactions
• The producer of the Samsung Smart TV is the Samsung Company
• Assembled and distributed by Orient Group of Companies Pakistan.
• More Multimedia contents
Marketing strategy and Marketing Mix
• The pricing of the product
• Placement of the product
• Distribution of the product
• The market segmentation
Marketing Mix of the brand
• Product Customer Solution
• Price Customer Cost
• Place Convenience
• Promotion Communication
Marketing Environment
Company’s Micro Environment includes
• Suppliers
• Different Departments of company (HR, Marketing, Production, Sales etc.)
• Marketing intermediaries (resellers of the products)
• Competitors
Company’s Macro Environment includes
• Demography
• Economic Environment
• The technological environment
• The political environment
Major Competitors of the Selected Product
• Sony: is a good competitor due to its brand loyalty and its market
value for its products
• LG: LG is now a days making efforts and trying to have a competition
in the market.
• Toshiba: Moving towards the latest technology in LED TVs
• Panasonic: Creating new ideas in LED
Characteristics affecting consumer behavior
• Culture: Moving from TV  Monitor screen  LCD screen  LED TV
• Social aspect: Family environment, Social communications
• Personal factors: Lifestyle, Salaries, status
• Psychological: Motivation, Perception and Learning
Buyer decision process
• Need Recognition: Need of the defined product which is having new
technology with latest features
• Information Search: to search information for the product using
internet, social media, Newspapers, TV campaigns, Catalogues, Electronic
market.
• Evaluating of Alternatives: The buyer finds the alternative brands and their
offerings relative to the selected category
• Purchase Decision: Deciding the brand of choice, the buyer decides to buy
the chosen brand of Smart TV.
• Post purchase behavior: Some backup services from the
company, warranty claims of 1 year up to 7 years in case of Smart TV.
Market Segmentation and Type of the product
category
• LCD TVs Liquid is being used in it, this technology have become older.
• LED TVs Diodes are used instead of Liquid, it is latest to LCD.
• Plasma TVs Gases are used in this technology and it is the latest technology
The type of your product
• Type of our product is specialty
• Not everyone can afford it so
• Latest technology in LED and TV world
• Two or more brands of choices in this category
Life cycle stage of your brand and its
corresponding strategy
• The life cycle stage of our brand is growth stage and moving towards
the maturity
• Company is making efforts to make the product to the Maturity Level
• The company has to maintain the Smart TV as a Star product of
Samsung to move it towards Maturity level
• Samsung allocated 60 to 65% of the market share on this product
Product attributes with other Variance
• There are some variances offered by the company
in the Smart TVs
• We can identify the Smart TV by the “Series”
offered by the Samsung
• Series4, Series5, Series6, Series7 and Series 8 with
some variances in
Quality, Style, Processing, material etc.
• The latest one is Series 8 which have all the
features in a perfect way
Price decision and Strategy
• Prices are different for Retailer and for the End Consumer
• Customers are becoming more price sensitive so they want a good
quality product in low or in a reasonable price
• Captive Product Pricing strategy with Smart TV is the main product
• Samsung USB (for internet) which is compulsory for the connectivity.
Home Theatre system is a part of sound entertainment
• 3D glasses are also used for 3D Movies.
• The prices of these accessories are kept relatively high than other
brands
• The accessories and main product of the Same Brand.
Nature of marketing channel
• The company first manufactures the product, then they sell out to the
authorized dealers and the Dealer sell out the products to the end
consumers
Challenges the company faces in managing channel members
There are some challenges that company has to focus
• to manage its own Cargo services
• delivery service to make quick and delivery of the products
• to see whether its channel members are working efficiently or not.
Factors by Designing market Channel
• Sale Through ( Sales to the end consumers)
• Sale Out (Sales To the retailer)
Manufacturer (company) == Authorized Dealers
Manufacturer === whole seller/ dealer == Consumer
Promotion mix for the brand
• Promotion mix of our brand/product is define bye the two processes
ATL and BTL
• ATL (above the line): promotional activity done by the company
through mass media such as radio, TV, print media, etc.
• BTL (below the line): promotional activity used by the marketer to
target specific market or exhibition in any store or Mall
The concept of IMC
• This is basically the concept of integration between ATL and BTL
strategies.
• Marketers communicate with customers
to giving values and promote the product
• Marketers using both the process ATL & BTL
ATL + BTL
TTL
Sales promotions
• The company advertises its products by using any type of media
which includes: newspaper, TV channels, Flyers, Internet etc.
• In any outlet of Samsung, we see that a trained staff is there which is
promoting the Samsung products
• Explaining the range with its features and its prices displayed
• The company communicates to the customers to create awareness of
the product and its specifications
1P of marketing mix which should change
According to the company, the company does not need to have a
change in any one P of marketing mix.
REASON: According to the company,
The company have perfectly followed all the 4P`s of marketing mix to
attain highest position in Smart TV (LED) among all the other brands
(competitors). And the company have created good liability and market
Place,
Campaigns
TV campaigns and all other campaigns are used by the company to
promote its brand and its product
• TV campaigns are the major source to promote a product, media to
play company’s ads in prime time
• print media is also used for promotion, companies give flyers and
brochures to update the people
• Samsung also promotes the products on social media campaigns
there many peoples in the world using face book, yahoo ,twitter etc.
• All these campaigns can increase company products demand and
company can achieve very much profits
ATL and BTL strategies
• ATL strategy, the company advertises in Magazines and Newspapers
(Herald, Times and Tribune etc.), TV advertisements and other mass media. The
company has to pay for its advertisements in ATL strategy.
• BTL strategy, the company takes parts in exhibitions (expo center). In this
strategy, the company does not have to pay (like in ATL).
• Sometimes, the company works in TTL (through the line) strategy for the
advertisements. In TTL strategy, the company uses the mixture of ATL and BTL.
Samsung sometimes offer small gifts on the purchase of product (t-shirts, key rings
and clock) on which they have printed their Brand Logo.
Interview questions
The most running brand in the category:
• Samsung is the most running brand in the category of LED TV and Smart TV
The position of the brand :
• It is on the top position among all the brands of the category due to its new offering and latest technology
New Competitors:
• Chinese companies “Chang Hong” and “Eco Star” are the new competitors due to lesser price and suitable
offerings.
Any response towards the New Campaign of the brand:
• Samsung, one of the most successful manufacturers of connected or smart TVs, is to launch its campaigns in
Pakistan As well.
Samsung to increase market share in Pakistan to 50% by end of 2013
Effects on the consumer interest in the product:
• The sales of the Samsung products have increased in the market of Smart TVs and LEDs. And consumers are
interested to have new and different thing for their entertainment.
Different Outlets which we visited
• We visited A class stores and B class stores but our product is not
found in C class stores.
The stores include:
• A class Stores: Samsung outlets, Metro Cash & Carry (brand shop)
Thokar.
• B Class stores: Afzal Electronics, Madina Electronics, Arshad
Electronics, Lahore Center (Abid Market)
• LCD World (Hall Road)
• Radio and TV Center (Liberty Market)
Concluding Remarks
At the end of this report, we conclude that Samsung is a company
which moves to the new innovations in the field of electronics. This
company has highly customer acceptance. And everyone knows about
the brand. Samsung mostly offers the Quality and latest upcoming
gadgets, through which they get customer satisfaction and create value
for the products. The company has high market share and have better
opportunities to prove something new for the customers.

Más contenido relacionado

La actualidad más candente

Samsung - International Marketing Strategy
Samsung - International Marketing StrategySamsung - International Marketing Strategy
Samsung - International Marketing Strategy
MKTGatHPU
 

La actualidad más candente (20)

LG
LGLG
LG
 
Samsung ppt
Samsung pptSamsung ppt
Samsung ppt
 
Samsung, Samsung history => Computer system & applications
Samsung, Samsung history => Computer system & applicationsSamsung, Samsung history => Computer system & applications
Samsung, Samsung history => Computer system & applications
 
Samsung Marketing PPT
Samsung  Marketing PPTSamsung  Marketing PPT
Samsung Marketing PPT
 
presentation on samsung
presentation on samsungpresentation on samsung
presentation on samsung
 
Sony presenttion !
Sony presenttion ! Sony presenttion !
Sony presenttion !
 
Sony
SonySony
Sony
 
Reliance JIO Infocomm Ltd
Reliance JIO Infocomm LtdReliance JIO Infocomm Ltd
Reliance JIO Infocomm Ltd
 
SONY Bravia : Strategic Sales Management
SONY Bravia : Strategic Sales ManagementSONY Bravia : Strategic Sales Management
SONY Bravia : Strategic Sales Management
 
Sony corporation
Sony corporationSony corporation
Sony corporation
 
Strategic Analysis of Sony
Strategic Analysis of SonyStrategic Analysis of Sony
Strategic Analysis of Sony
 
Samsung Company Presentation
Samsung Company PresentationSamsung Company Presentation
Samsung Company Presentation
 
Presentation.samsung.ppt
Presentation.samsung.pptPresentation.samsung.ppt
Presentation.samsung.ppt
 
Samsung - International Marketing Strategy
Samsung - International Marketing StrategySamsung - International Marketing Strategy
Samsung - International Marketing Strategy
 
LG Introduction,products and related issue
LG Introduction,products and related issue LG Introduction,products and related issue
LG Introduction,products and related issue
 
Research Methodology of Samsung Electronics Co. Ltd (Analysis of Questionnaire)
Research Methodology of Samsung Electronics Co. Ltd (Analysis of Questionnaire)Research Methodology of Samsung Electronics Co. Ltd (Analysis of Questionnaire)
Research Methodology of Samsung Electronics Co. Ltd (Analysis of Questionnaire)
 
Samsung
SamsungSamsung
Samsung
 
Samsung Company Presentation
Samsung Company PresentationSamsung Company Presentation
Samsung Company Presentation
 
Sony tv ppt
Sony tv pptSony tv ppt
Sony tv ppt
 
Samsung Electronics Strategy & Business Model
Samsung Electronics Strategy & Business ModelSamsung Electronics Strategy & Business Model
Samsung Electronics Strategy & Business Model
 

Destacado

Samsung Smart TV Marketing Strategies
Samsung Smart TV Marketing StrategiesSamsung Smart TV Marketing Strategies
Samsung Smart TV Marketing Strategies
Zeeshan Azam
 
PLC analysis of Nokia and Samsung
PLC analysis of Nokia and SamsungPLC analysis of Nokia and Samsung
PLC analysis of Nokia and Samsung
Mehul Rasadiya
 
Marketing strategy of samsung in India
Marketing strategy of samsung in IndiaMarketing strategy of samsung in India
Marketing strategy of samsung in India
vikas chauhan
 
Product life cycle of nokia mobiles
Product life cycle of nokia mobilesProduct life cycle of nokia mobiles
Product life cycle of nokia mobiles
Tanmoy Roy
 
1. maggi the-product-life-cycle
1. maggi the-product-life-cycle1. maggi the-product-life-cycle
1. maggi the-product-life-cycle
Swati Sharma
 
Sony Internet TV (Digital Strategy)
Sony Internet TV (Digital Strategy) Sony Internet TV (Digital Strategy)
Sony Internet TV (Digital Strategy)
Noah Simon
 

Destacado (20)

Samsung Smart TV Marketing Strategies
Samsung Smart TV Marketing StrategiesSamsung Smart TV Marketing Strategies
Samsung Smart TV Marketing Strategies
 
PLC analysis of Nokia and Samsung
PLC analysis of Nokia and SamsungPLC analysis of Nokia and Samsung
PLC analysis of Nokia and Samsung
 
Smart TV
Smart TVSmart TV
Smart TV
 
Samsung STPD & 4 P's
Samsung STPD & 4 P'sSamsung STPD & 4 P's
Samsung STPD & 4 P's
 
Product Life Cycle & Marketing Strategy of Colgate, Dairy Milk and Samsung 3D tv
Product Life Cycle & Marketing Strategy of Colgate, Dairy Milk and Samsung 3D tvProduct Life Cycle & Marketing Strategy of Colgate, Dairy Milk and Samsung 3D tv
Product Life Cycle & Marketing Strategy of Colgate, Dairy Milk and Samsung 3D tv
 
Marketing strategy of samsung in India
Marketing strategy of samsung in IndiaMarketing strategy of samsung in India
Marketing strategy of samsung in India
 
Product life cycle of nokia mobiles
Product life cycle of nokia mobilesProduct life cycle of nokia mobiles
Product life cycle of nokia mobiles
 
Smart tv
Smart tvSmart tv
Smart tv
 
How to Build Application Samsung Smart TV (SDK 5.1)
How to Build Application Samsung Smart TV (SDK 5.1)How to Build Application Samsung Smart TV (SDK 5.1)
How to Build Application Samsung Smart TV (SDK 5.1)
 
Television marketing
Television marketingTelevision marketing
Television marketing
 
SAMSUNG LCD TELEVISION - DISTRIBUTION CHANNEL RELATIONSHIP AND MARKET SHARE A...
SAMSUNG LCD TELEVISION - DISTRIBUTION CHANNEL RELATIONSHIP AND MARKET SHARE A...SAMSUNG LCD TELEVISION - DISTRIBUTION CHANNEL RELATIONSHIP AND MARKET SHARE A...
SAMSUNG LCD TELEVISION - DISTRIBUTION CHANNEL RELATIONSHIP AND MARKET SHARE A...
 
Lg presentation (1)
Lg presentation (1)Lg presentation (1)
Lg presentation (1)
 
case study on product life cycle of pepsi
case study on product life cycle of pepsicase study on product life cycle of pepsi
case study on product life cycle of pepsi
 
Marketing strategies of Samsung
Marketing strategies of SamsungMarketing strategies of Samsung
Marketing strategies of Samsung
 
Product life cycle
Product life cycleProduct life cycle
Product life cycle
 
1. maggi the-product-life-cycle
1. maggi the-product-life-cycle1. maggi the-product-life-cycle
1. maggi the-product-life-cycle
 
Product lifecycle developing a global innovation culture
Product lifecycle   developing a global innovation culture Product lifecycle   developing a global innovation culture
Product lifecycle developing a global innovation culture
 
Atls 5th Sem
Atls 5th SemAtls 5th Sem
Atls 5th Sem
 
LG Smart tv
LG Smart tvLG Smart tv
LG Smart tv
 
Sony Internet TV (Digital Strategy)
Sony Internet TV (Digital Strategy) Sony Internet TV (Digital Strategy)
Sony Internet TV (Digital Strategy)
 

Similar a Samsung Smart tv

Similar a Samsung Smart tv (20)

Marketing strategies for introduction and growth stage
Marketing strategies for introduction and growth stageMarketing strategies for introduction and growth stage
Marketing strategies for introduction and growth stage
 
Marketing Startegy_B'lore Group.pptx
Marketing Startegy_B'lore Group.pptxMarketing Startegy_B'lore Group.pptx
Marketing Startegy_B'lore Group.pptx
 
The-Circular-Markstrat-Challenge-1-(CircularMS-SM-B2C-DG).pptx
The-Circular-Markstrat-Challenge-1-(CircularMS-SM-B2C-DG).pptxThe-Circular-Markstrat-Challenge-1-(CircularMS-SM-B2C-DG).pptx
The-Circular-Markstrat-Challenge-1-(CircularMS-SM-B2C-DG).pptx
 
Marketing strategy
Marketing strategyMarketing strategy
Marketing strategy
 
PRODUCT PLANNING
PRODUCT PLANNINGPRODUCT PLANNING
PRODUCT PLANNING
 
Pp&bm 2
Pp&bm 2Pp&bm 2
Pp&bm 2
 
Distribution management & marketing mix
Distribution management & marketing mixDistribution management & marketing mix
Distribution management & marketing mix
 
Introduction to Marketing ppt2.pdf
Introduction to Marketing ppt2.pdfIntroduction to Marketing ppt2.pdf
Introduction to Marketing ppt2.pdf
 
Unit 4 marketing management
Unit 4 marketing managementUnit 4 marketing management
Unit 4 marketing management
 
Unit 8 part_2_recent_trends_in_marketing
Unit 8 part_2_recent_trends_in_marketingUnit 8 part_2_recent_trends_in_marketing
Unit 8 part_2_recent_trends_in_marketing
 
colgate-palmolive the precision toothbrush
colgate-palmolive the precision toothbrushcolgate-palmolive the precision toothbrush
colgate-palmolive the precision toothbrush
 
pm assignment for college students for scoring
pm assignment for college students for scoringpm assignment for college students for scoring
pm assignment for college students for scoring
 
Apple inc
Apple incApple inc
Apple inc
 
New Product Development
New Product DevelopmentNew Product Development
New Product Development
 
Marketing (intro,advantages,scope,marketing mixes,objections)
Marketing  (intro,advantages,scope,marketing mixes,objections)Marketing  (intro,advantages,scope,marketing mixes,objections)
Marketing (intro,advantages,scope,marketing mixes,objections)
 
Global marketing
Global marketingGlobal marketing
Global marketing
 
20220117201943-Lecture 4 _ 5.pptx
20220117201943-Lecture 4 _ 5.pptx20220117201943-Lecture 4 _ 5.pptx
20220117201943-Lecture 4 _ 5.pptx
 
Module_-_3_Product_Mgt_&_Pricing[1].pptx
Module_-_3_Product_Mgt_&_Pricing[1].pptxModule_-_3_Product_Mgt_&_Pricing[1].pptx
Module_-_3_Product_Mgt_&_Pricing[1].pptx
 
Global marketing
Global marketingGlobal marketing
Global marketing
 
New product development and product life-cycle strategies
New product development and product life-cycle strategiesNew product development and product life-cycle strategies
New product development and product life-cycle strategies
 

Más de Zeeshan Azam

Industrial accidents
Industrial accidentsIndustrial accidents
Industrial accidents
Zeeshan Azam
 
Bank Failures and Case Studies
Bank Failures and Case StudiesBank Failures and Case Studies
Bank Failures and Case Studies
Zeeshan Azam
 

Más de Zeeshan Azam (20)

Pakistan tobacco Industry outlook in financial analysis
Pakistan tobacco Industry outlook in financial analysisPakistan tobacco Industry outlook in financial analysis
Pakistan tobacco Industry outlook in financial analysis
 
Memorandum writing
Memorandum writing Memorandum writing
Memorandum writing
 
Pakistan Petroleum Limited Financial Report Analysis
Pakistan Petroleum Limited Financial Report AnalysisPakistan Petroleum Limited Financial Report Analysis
Pakistan Petroleum Limited Financial Report Analysis
 
Project Report Final Coca-Cola Internal Analysis
Project Report Final Coca-Cola Internal  AnalysisProject Report Final Coca-Cola Internal  Analysis
Project Report Final Coca-Cola Internal Analysis
 
Banking Industry of Pakistan-Outlook on Reputational Risk
Banking Industry of Pakistan-Outlook on Reputational RiskBanking Industry of Pakistan-Outlook on Reputational Risk
Banking Industry of Pakistan-Outlook on Reputational Risk
 
Allied Bank operations and Marketing strategies in Pakistan
Allied Bank operations and Marketing strategies in PakistanAllied Bank operations and Marketing strategies in Pakistan
Allied Bank operations and Marketing strategies in Pakistan
 
Burger King performance in Pakistan-Narketing related strategies
Burger King performance in Pakistan-Narketing related strategiesBurger King performance in Pakistan-Narketing related strategies
Burger King performance in Pakistan-Narketing related strategies
 
Banks Accounting and Financial Performance Analysis in the industry
Banks Accounting and Financial Performance Analysis in the industryBanks Accounting and Financial Performance Analysis in the industry
Banks Accounting and Financial Performance Analysis in the industry
 
Air Pollution Prevention Management in Pakistan - Environmental Sciences
Air Pollution Prevention Management in Pakistan - Environmental SciencesAir Pollution Prevention Management in Pakistan - Environmental Sciences
Air Pollution Prevention Management in Pakistan - Environmental Sciences
 
Human Resource Management and Human Resource Development
Human Resource Management and Human Resource DevelopmentHuman Resource Management and Human Resource Development
Human Resource Management and Human Resource Development
 
Recession 2008 and its effects in major economies
Recession 2008 and its effects in major economies Recession 2008 and its effects in major economies
Recession 2008 and its effects in major economies
 
Slaughterhouse feasibility Report
Slaughterhouse feasibility Report Slaughterhouse feasibility Report
Slaughterhouse feasibility Report
 
Recent Banking Sector Analysis Pakistan (FY 2013)
Recent Banking Sector Analysis Pakistan (FY 2013)Recent Banking Sector Analysis Pakistan (FY 2013)
Recent Banking Sector Analysis Pakistan (FY 2013)
 
Current scenerio of Commercial Banking Pakistan
Current scenerio of Commercial Banking PakistanCurrent scenerio of Commercial Banking Pakistan
Current scenerio of Commercial Banking Pakistan
 
U nilever
U nileverU nilever
U nilever
 
Tapal vs lipton
Tapal vs liptonTapal vs lipton
Tapal vs lipton
 
Industrial accidents
Industrial accidentsIndustrial accidents
Industrial accidents
 
Job analysis
Job analysisJob analysis
Job analysis
 
Bank Failures and Case Studies
Bank Failures and Case StudiesBank Failures and Case Studies
Bank Failures and Case Studies
 
Kashmir issue
Kashmir issueKashmir issue
Kashmir issue
 

Último

4 TRIK CARA MENGGUGURKAN JANIN ATAU ABORSI KANDUNGAN
4 TRIK CARA MENGGUGURKAN JANIN ATAU ABORSI KANDUNGAN4 TRIK CARA MENGGUGURKAN JANIN ATAU ABORSI KANDUNGAN
4 TRIK CARA MENGGUGURKAN JANIN ATAU ABORSI KANDUNGAN
Cara Menggugurkan Kandungan 087776558899
 
INCOME TAXATION- CHAPTER 13-A ADDITIONAL CLAIMABLE COMPENSATION EXPENSE
INCOME TAXATION- CHAPTER 13-A ADDITIONAL CLAIMABLE COMPENSATION EXPENSEINCOME TAXATION- CHAPTER 13-A ADDITIONAL CLAIMABLE COMPENSATION EXPENSE
INCOME TAXATION- CHAPTER 13-A ADDITIONAL CLAIMABLE COMPENSATION EXPENSE
RicaAbellanosa
 

Último (20)

Resumé Karina Perez | Digital Strategist
Resumé Karina Perez | Digital StrategistResumé Karina Perez | Digital Strategist
Resumé Karina Perez | Digital Strategist
 
4 TRIK CARA MENGGUGURKAN JANIN ATAU ABORSI KANDUNGAN
4 TRIK CARA MENGGUGURKAN JANIN ATAU ABORSI KANDUNGAN4 TRIK CARA MENGGUGURKAN JANIN ATAU ABORSI KANDUNGAN
4 TRIK CARA MENGGUGURKAN JANIN ATAU ABORSI KANDUNGAN
 
Gain potential customers through Lead Generation
Gain potential customers through Lead GenerationGain potential customers through Lead Generation
Gain potential customers through Lead Generation
 
The Essence of Mothers Celebrating the Heart of the Family.pptx
The Essence of Mothers Celebrating the Heart of the Family.pptxThe Essence of Mothers Celebrating the Heart of the Family.pptx
The Essence of Mothers Celebrating the Heart of the Family.pptx
 
The Art of sales from fictional characters.
The Art of sales from fictional characters.The Art of sales from fictional characters.
The Art of sales from fictional characters.
 
Rohtak Escorts Service Girl ^ 9332606886, WhatsApp Anytime Rohtak
Rohtak Escorts Service Girl ^ 9332606886, WhatsApp Anytime RohtakRohtak Escorts Service Girl ^ 9332606886, WhatsApp Anytime Rohtak
Rohtak Escorts Service Girl ^ 9332606886, WhatsApp Anytime Rohtak
 
HOW TO HANDLE SALES OBJECTIONS | SELLING AND NEGOTIATION
HOW TO HANDLE SALES OBJECTIONS | SELLING AND NEGOTIATIONHOW TO HANDLE SALES OBJECTIONS | SELLING AND NEGOTIATION
HOW TO HANDLE SALES OBJECTIONS | SELLING AND NEGOTIATION
 
TAM_AdEx-Cross_Media_Report-Banking_Finance_Investment_(BFSI)_2023.pdf
TAM_AdEx-Cross_Media_Report-Banking_Finance_Investment_(BFSI)_2023.pdfTAM_AdEx-Cross_Media_Report-Banking_Finance_Investment_(BFSI)_2023.pdf
TAM_AdEx-Cross_Media_Report-Banking_Finance_Investment_(BFSI)_2023.pdf
 
Elevating Your Digital Presence by Evitha.pdf
Elevating Your Digital Presence by Evitha.pdfElevating Your Digital Presence by Evitha.pdf
Elevating Your Digital Presence by Evitha.pdf
 
The Impact Of Social Media Advertising.pdf
The Impact Of Social Media Advertising.pdfThe Impact Of Social Media Advertising.pdf
The Impact Of Social Media Advertising.pdf
 
INCOME TAXATION- CHAPTER 13-A ADDITIONAL CLAIMABLE COMPENSATION EXPENSE
INCOME TAXATION- CHAPTER 13-A ADDITIONAL CLAIMABLE COMPENSATION EXPENSEINCOME TAXATION- CHAPTER 13-A ADDITIONAL CLAIMABLE COMPENSATION EXPENSE
INCOME TAXATION- CHAPTER 13-A ADDITIONAL CLAIMABLE COMPENSATION EXPENSE
 
HITECH CITY CALL GIRL IN 9234842891 💞 INDEPENDENT ESCORT SERVICE HITECH CITY
HITECH CITY CALL GIRL IN 9234842891 💞 INDEPENDENT ESCORT SERVICE HITECH CITYHITECH CITY CALL GIRL IN 9234842891 💞 INDEPENDENT ESCORT SERVICE HITECH CITY
HITECH CITY CALL GIRL IN 9234842891 💞 INDEPENDENT ESCORT SERVICE HITECH CITY
 
Social Media Marketing Portfolio - Maharsh Benday
Social Media Marketing Portfolio - Maharsh BendaySocial Media Marketing Portfolio - Maharsh Benday
Social Media Marketing Portfolio - Maharsh Benday
 
How consumers use technology and the impacts on their lives
How consumers use technology and the impacts on their livesHow consumers use technology and the impacts on their lives
How consumers use technology and the impacts on their lives
 
SEO: A Beginner's Guide to Ranking Higher
SEO: A Beginner's Guide to Ranking HigherSEO: A Beginner's Guide to Ranking Higher
SEO: A Beginner's Guide to Ranking Higher
 
Personal Brand Exploration Selk_Ingrid_DMBS_PB1_2024-01.pptx
Personal Brand Exploration Selk_Ingrid_DMBS_PB1_2024-01.pptxPersonal Brand Exploration Selk_Ingrid_DMBS_PB1_2024-01.pptx
Personal Brand Exploration Selk_Ingrid_DMBS_PB1_2024-01.pptx
 
The seven principles of persuasion by Dr. Robert Cialdini
The seven principles of persuasion by Dr. Robert CialdiniThe seven principles of persuasion by Dr. Robert Cialdini
The seven principles of persuasion by Dr. Robert Cialdini
 
Aiizennxqc Digital Marketing | SEO & SMM
Aiizennxqc Digital Marketing | SEO & SMMAiizennxqc Digital Marketing | SEO & SMM
Aiizennxqc Digital Marketing | SEO & SMM
 
Optimizing Your Marketing with AI-Powered Prompts
Optimizing Your Marketing with AI-Powered PromptsOptimizing Your Marketing with AI-Powered Prompts
Optimizing Your Marketing with AI-Powered Prompts
 
Distribution Ad Platform_ The Role of Distribution Ad Network.pdf
Distribution Ad Platform_ The Role of  Distribution Ad Network.pdfDistribution Ad Platform_ The Role of  Distribution Ad Network.pdf
Distribution Ad Platform_ The Role of Distribution Ad Network.pdf
 

Samsung Smart tv

  • 1.
  • 2. Presented By Danial Razzaq Muhammad Zeeshan Azam Ahmed Asif Presented to Sir Shazif Iqbal
  • 3.
  • 4. Table of Contents • Brand and product of our choice • Marketing strategy and Marketing Mix • Marketing Environment • Competing brands • Characteristics affecting consumer behavior • Buyer decision process • Market Segmentation and Type of the product category • Lifecycle of the brand w.r.t product • Product attributes with other Variance • Price decision and Strategy • Nature of marketing channel, factors for designing and challenges the company faces • Promotion mix of the brand and IMC • Sales promotions • 1P of marketing mix which should change • Campaigns and ATL & BTL strategies • Interview questions
  • 5. About the Product and Brand • Samsung is a South Korean Multinational Electronics Company • They employ 236,000 people across 79 countries with • Annual sales of US $187 billion. • Mr. John Park, Managing Director of Samsung EC Pakistan Pvt. Ltd. • Smart TV is the product of our choice. Smart Thinking, Simple Living • It has latest features of Motion Control, Face Recognition and Voice Control • Smart Interactions • The producer of the Samsung Smart TV is the Samsung Company • Assembled and distributed by Orient Group of Companies Pakistan. • More Multimedia contents
  • 6. Marketing strategy and Marketing Mix • The pricing of the product • Placement of the product • Distribution of the product • The market segmentation Marketing Mix of the brand • Product Customer Solution • Price Customer Cost • Place Convenience • Promotion Communication
  • 7. Marketing Environment Company’s Micro Environment includes • Suppliers • Different Departments of company (HR, Marketing, Production, Sales etc.) • Marketing intermediaries (resellers of the products) • Competitors Company’s Macro Environment includes • Demography • Economic Environment • The technological environment • The political environment
  • 8. Major Competitors of the Selected Product • Sony: is a good competitor due to its brand loyalty and its market value for its products • LG: LG is now a days making efforts and trying to have a competition in the market. • Toshiba: Moving towards the latest technology in LED TVs • Panasonic: Creating new ideas in LED
  • 9. Characteristics affecting consumer behavior • Culture: Moving from TV  Monitor screen  LCD screen  LED TV • Social aspect: Family environment, Social communications • Personal factors: Lifestyle, Salaries, status • Psychological: Motivation, Perception and Learning
  • 10. Buyer decision process • Need Recognition: Need of the defined product which is having new technology with latest features • Information Search: to search information for the product using internet, social media, Newspapers, TV campaigns, Catalogues, Electronic market. • Evaluating of Alternatives: The buyer finds the alternative brands and their offerings relative to the selected category • Purchase Decision: Deciding the brand of choice, the buyer decides to buy the chosen brand of Smart TV. • Post purchase behavior: Some backup services from the company, warranty claims of 1 year up to 7 years in case of Smart TV.
  • 11. Market Segmentation and Type of the product category • LCD TVs Liquid is being used in it, this technology have become older. • LED TVs Diodes are used instead of Liquid, it is latest to LCD. • Plasma TVs Gases are used in this technology and it is the latest technology The type of your product • Type of our product is specialty • Not everyone can afford it so • Latest technology in LED and TV world • Two or more brands of choices in this category
  • 12. Life cycle stage of your brand and its corresponding strategy • The life cycle stage of our brand is growth stage and moving towards the maturity • Company is making efforts to make the product to the Maturity Level • The company has to maintain the Smart TV as a Star product of Samsung to move it towards Maturity level • Samsung allocated 60 to 65% of the market share on this product
  • 13. Product attributes with other Variance • There are some variances offered by the company in the Smart TVs • We can identify the Smart TV by the “Series” offered by the Samsung • Series4, Series5, Series6, Series7 and Series 8 with some variances in Quality, Style, Processing, material etc. • The latest one is Series 8 which have all the features in a perfect way
  • 14. Price decision and Strategy • Prices are different for Retailer and for the End Consumer • Customers are becoming more price sensitive so they want a good quality product in low or in a reasonable price • Captive Product Pricing strategy with Smart TV is the main product • Samsung USB (for internet) which is compulsory for the connectivity. Home Theatre system is a part of sound entertainment • 3D glasses are also used for 3D Movies. • The prices of these accessories are kept relatively high than other brands • The accessories and main product of the Same Brand.
  • 15. Nature of marketing channel • The company first manufactures the product, then they sell out to the authorized dealers and the Dealer sell out the products to the end consumers Challenges the company faces in managing channel members There are some challenges that company has to focus • to manage its own Cargo services • delivery service to make quick and delivery of the products • to see whether its channel members are working efficiently or not.
  • 16. Factors by Designing market Channel • Sale Through ( Sales to the end consumers) • Sale Out (Sales To the retailer) Manufacturer (company) == Authorized Dealers Manufacturer === whole seller/ dealer == Consumer
  • 17. Promotion mix for the brand • Promotion mix of our brand/product is define bye the two processes ATL and BTL • ATL (above the line): promotional activity done by the company through mass media such as radio, TV, print media, etc. • BTL (below the line): promotional activity used by the marketer to target specific market or exhibition in any store or Mall
  • 18. The concept of IMC • This is basically the concept of integration between ATL and BTL strategies. • Marketers communicate with customers to giving values and promote the product • Marketers using both the process ATL & BTL ATL + BTL TTL
  • 19. Sales promotions • The company advertises its products by using any type of media which includes: newspaper, TV channels, Flyers, Internet etc. • In any outlet of Samsung, we see that a trained staff is there which is promoting the Samsung products • Explaining the range with its features and its prices displayed • The company communicates to the customers to create awareness of the product and its specifications
  • 20. 1P of marketing mix which should change According to the company, the company does not need to have a change in any one P of marketing mix. REASON: According to the company, The company have perfectly followed all the 4P`s of marketing mix to attain highest position in Smart TV (LED) among all the other brands (competitors). And the company have created good liability and market Place,
  • 21. Campaigns TV campaigns and all other campaigns are used by the company to promote its brand and its product • TV campaigns are the major source to promote a product, media to play company’s ads in prime time • print media is also used for promotion, companies give flyers and brochures to update the people • Samsung also promotes the products on social media campaigns there many peoples in the world using face book, yahoo ,twitter etc. • All these campaigns can increase company products demand and company can achieve very much profits
  • 22. ATL and BTL strategies • ATL strategy, the company advertises in Magazines and Newspapers (Herald, Times and Tribune etc.), TV advertisements and other mass media. The company has to pay for its advertisements in ATL strategy. • BTL strategy, the company takes parts in exhibitions (expo center). In this strategy, the company does not have to pay (like in ATL). • Sometimes, the company works in TTL (through the line) strategy for the advertisements. In TTL strategy, the company uses the mixture of ATL and BTL. Samsung sometimes offer small gifts on the purchase of product (t-shirts, key rings and clock) on which they have printed their Brand Logo.
  • 23. Interview questions The most running brand in the category: • Samsung is the most running brand in the category of LED TV and Smart TV The position of the brand : • It is on the top position among all the brands of the category due to its new offering and latest technology New Competitors: • Chinese companies “Chang Hong” and “Eco Star” are the new competitors due to lesser price and suitable offerings. Any response towards the New Campaign of the brand: • Samsung, one of the most successful manufacturers of connected or smart TVs, is to launch its campaigns in Pakistan As well. Samsung to increase market share in Pakistan to 50% by end of 2013 Effects on the consumer interest in the product: • The sales of the Samsung products have increased in the market of Smart TVs and LEDs. And consumers are interested to have new and different thing for their entertainment.
  • 24. Different Outlets which we visited • We visited A class stores and B class stores but our product is not found in C class stores. The stores include: • A class Stores: Samsung outlets, Metro Cash & Carry (brand shop) Thokar. • B Class stores: Afzal Electronics, Madina Electronics, Arshad Electronics, Lahore Center (Abid Market) • LCD World (Hall Road) • Radio and TV Center (Liberty Market)
  • 25. Concluding Remarks At the end of this report, we conclude that Samsung is a company which moves to the new innovations in the field of electronics. This company has highly customer acceptance. And everyone knows about the brand. Samsung mostly offers the Quality and latest upcoming gadgets, through which they get customer satisfaction and create value for the products. The company has high market share and have better opportunities to prove something new for the customers.