Term Paper on "Describing Apple's Marketing Strategy"
Term Paper 4 pages (1046 words) Sources: 1+
[EXCERPT] . . . .
Apple's Marketing StrategyBusiness Environment: What factors in the Business environment impact the company at this time?(today) How do they impact the company?
Apple continues to successfully orchestrate its strategy to gain the greatest advantage from the series of macro- and micro-environmental factors it contends with daily in the global markets it competes in. The micro-environmental factors include globally entrenched and formidable competitors in the PC industry including Acer, Dell, HP and others (Apple Investor Relations, 2013) in addition to competitors in the high end design systems market and the highly popular smartphone, tablet PC and slimline PC models as well (Cusumano, 2008). Compounding these micro-environmental factors that Apple must contend with is the nature of the supply chain in their industry, including the costs of continually adding new suppliers while achieving a high level of product quality is achieved over the long-term (Apple Investor Relations, 2013).
Additional micro-environmental factors include the highly competitive nature of the labor market for qualified engineers in the Silicon Valley in general and Cupertino, California specifically, the home of Apple headquarters. Apple's challenges for continually fueling new, state-of-the-art products is to a large extent defined by how well they manage recruitment and continual development of subordinates. The systematic approach to innovation at Apple has also created a culture that retains and grows the best engineers and also leads to an exceptionally high number of patients given the size of the overall workforce (Cole, Matsumiya, 2007). Apple differentiates their produc
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From a macro-environment perspective, Apple must contend with many challenging factors and scenarios. First and most significant is the rapidly changing nature of the economic condition of the countries they compete in. The exchange rates, fluctuations in currency levels and the balance of trade with nations relative to the U.S., Apple's nation of residence, all force significant tax costs on the company (Apple Investor Relations, 2013). Second, the chaotic nature political conditions in the Middle East and throughout the high growth regions of Asia are making Apple have to invest heavily in new channel development in these regions (Apple Investor Relations, 2013). Third, the continual pace of new technology development and the need for creating alliances across global partners is an area Apple also invests heavily in to reduce potential risk, especially at the platform level (Cusumano, 2008). The Apple OS X operating system and iTunes are a case in point.
2) Segmentation-Targeting-Positioning: How is the market segmented? What segment(s) are being targeted by the firm? Why? How is the… READ MORE
Quoted Instructions for "Describing Apple's Marketing Strategy" Assignment:
Two Pages per Question
The company we are analyzing is Apple
Describe the Firm's marketing Strategy answering the following questions:
1) Business Environment: What factors in the Business environment impact the company at this time?(today) How do they impact the company?
2) Segmentation-Targeting-Positioning: How is the market segmented? What segment(s) are being targeted by the firm? Why? How is the firm positioning its product/service in order to appeal to the target market? Does this positioning make sense given the target market?
In the analysis, please employ marketing terms and tools.
How to Reference "Describing Apple's Marketing Strategy" Term Paper in a Bibliography
“Describing Apple's Marketing Strategy.” A1-TermPaper.com, 2013, https://www.a1-termpaper.com/topics/essay/apple-marketing-strategy-business-environment/4250522. Accessed 6 Jul 2024.
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