Marketing Strategies for Apple IPhone in India
Marketing Goals and Objectives
A.Marketing Goal A: __________________________________________________
Objective A1:______________________________________________________
Specific and measurable outcome; Time frame; Responsible unit/person:
Objective A2:______________________________________________________
Specific and measurable outcome; Time frame; Responsible unit/person:
B.Marketing Goal B: __________________________________________________
Objective B1:______________________________________________________
Specific and measurable outcome; Time frame; Responsible unit/person:
Objective B2:______________________________________________________
Specific and measurable outcome; Time frame; Responsible unit/person:
(Repeat as needed to develop a complete list of goals and objectives)
V.Marketing Strategies
A.Primary Target Market and Marketing Mix
Primary target market:________________________________________________
This target’s primary need:
Identifying characteristics (demographics, geography, psychographics):
Purchasing/shopping habits and preferences:
Consumption/disposition characteristics:
Product:_______________________________________________
Major features and benefits:
Sustainable competitive advantage:
Differentiation / positioning strategy:
Brand name and packaging:
Customer service strategy:
Complementary products:
Pricing:________________________________________________
Pricing objectives:
Description of per unit costs:
Discount/markdown policy:
Distribution:____________________________________________
General supply chain strategy:
Intermediaries and channels to be used:
Elements of customer convenience:
Promotion:_____________________________________________
General IMC strategy:
IMC objectives and budget:
Elements of the advertising/publicity strategy:
Elements of the personal selling strategy:
Elements of trade sales promotion (push) strategy:
Elements of consumer sales promotion (pull) strategy:
Elements of the sponsorship strategy:
B.Secondary Target Market and Marketing Mix
Secondary target market:______________________________________________
This target’s primary need:
Identifying characteristics (demographics, geography, psychographics):
Purchasing/shopping habits and preferences:
Consumption/disposition characteristics:
Product:_______________________________________________
Major features and benefits:
Sustainable competitive advantage:
Differentiation / positioning strategy:
Brand name and packaging:
Customer service strategy:
Complementary products:
Pricing:________________________________________________
Pricing objectives:
Description of per unit costs:
Discount/markdown policy:
Distribution:____________________________________________
General supply chain strategy:
Intermediaries and channels to be used:
Elements of customer convenience:
Promotion:_____________________________________________
General IMC strategy:
IMC objectives and budget:
Elements of the advertising/publicity strategy:
Elements of the personal selling strategy:
Elements of trade sales promotion (push) strategy:
Elements of consumer sales promotion (pull) strategy:
Elements of the sponsorship strategy:
The focus of this marketing plan is to provide:
- Plans to improve Apple i-phones sales in India.
- Introduction of budget smart phones to capture large share of the market.
- Plan to rejig the marketing mix to suit the India smart phone market space.
- The problem Apple faces currently are:
- This problem can be resolved through marketing efforts that includes:
- Apple Inc. Needs to improve in the following areas to gain more market shares:
- The poor sales of its i-phone in India due to high prices and stiff competition.
- Faltering sales in China due to slow economy and trade dispute with US
- Stiff competition from Chinese and Korean competitors in Indian market.
- Political and legal constraints imposed by Indian government.
The opportunities are:
- Room for growth in India because of middle-class income group between 130m to 390m
- Opportunity to create market for new product line; Apple budget phones.
- Opportunity to improve growth and profitability of Apple i-phones
- Opportunity to hedge against poor sales in China.
Solution to these problems are;
- Setting up of local assembly plant to avoid tariff and reduce cost of production.
- Setting up of retail shops and partnership with independent major retailers.
- Repositioning of premium i-phone brand as a mobile tool beyond mere smart phones.
- Improvement and localization of content of Apple service like Siri to work better with Indian accent, improvement in Apple map etc.
- Holistic review of the marketing mix in India to fit the unique market features of India;
- Product: Apple needs a budget phone with attractive features like dual sim phones with longer battery life.
- Pricing: A review of pricing strategy is recommended to bring i-phone within the reach of middle-class group.
- Production and Place: Apple needs to commence local production of all i-phone models in India to reduce cost and avoid the high 20% import tariff
- Apple needs to check the price manipulation of the local retail stores by opening many retail outlets in major cities.
- Opening of more retail cum service outlets in major cities where customers can walk in to buy and get any service they desire.
- Multiple customer service channels such as online, tele-centers and quarterly market surveys to gauge the feelings of the consumers.
- Encouragement of developers to develop more apps to deepen the ios eco-system compatible with the Indian market especially financial and retail apps.
- A new market research to collate data on what drives the consumers to purchase competitors’ products aside the cheap price and multiple sim slots.
- Collaboration with GSM providers to market i-phones as a bundle with the sim with mouthwatering offers such as zero percent financing, trade-in options etc.
- The needs to introduce budget phones that an average Indian middle class can afford through promotion of another brand line.
- Make Apple products ubiquitous through promotional activities by sponsoring major events like crickets, musical concerts etc.
- Reposition the premium i-phone brands by using Bollywood and sport stars as brand ambassadors to promote the premium brand as a mark of success.
- Target security conscious segment of the market and position Apple premium phones as a secured phone that protects their data and personal information.
- Improvement in the battery life, this has been a competitive advantage for the competitors.