Well everything has to come to an end and unfortunately this is it for this blog. It was a pleasure to share my ideas and concepts about Apple with you, hope you enjoyed it. If you have any comments, they are more than welcome I will read them and take them into consideration for my future blogs. Well have a Safe ,Happy, and successful New Year.
Your friend Jairo signing off.
Thursday, December 16, 2010
Segmenting and Targeting Markets
You're The Target!!!!!!
I think that Apple is be bringing back the mass marketing approach, they don't really concentrate their advertisements on certain groups of people, they try to include everybody. You can see all the iPod ads posted on the page that are meant to resemble you, see if you can find a silhouette that fits you. Apple is becoming a cult brand that has gained to respect of world wide users who share one thing in common, their love for Apple's innovation. And I say that Apple is going back to mass marketing because when you go in to an Apple retailer you can see people of all ages, cultures, social classes, and colors; like a small scale ethnic melting pot. The iPod has become a symbol of our modern digital music culture, and the iTunes store is now the 2nd largest music retailer in the U.S. Steve Jobs says that "if you make something great than anybody will want to use it", and that model has worked for them because they've never really invented anything but they made what some considered the best technology available; thus eliminating the need for an specific target market, because their products appeal to everyone.
Apple offers amazing products that include hardware and software that just draw all different kinds of people into the market.( Their major hardware products are displayed in the page.) Software like the iLife '11 which allows you to manage your music, movies, and pictures, the Final Cut in case you want to make a whole length film, or the iWork, make you look at Apple products as essential to your life. Benefit segmentation works in 2 ways, first, it helps you segment your market and second, it advertises your product which makes people want to buy it; and s that's the point right? Apple in one of the most successful firms in the technology industry so however it is that they are segmenting the market , they are doing it right. (Look at the advertisement below)
Thursday, December 2, 2010
Developing and Managing Products
The secret behind Apple's success is their ability to keep on innovating the market with their new products. Apple is a company that never stops coming out with new ideas of how to make their products better and more efficient in order to satisfy the market's needs. Since the iPod's first introduction to the market in 2001, Apple has developed 22 different types of iPods; every one of them being superior to the model before. For Apple, innovation is a priority; the latest iPod Touch features 2 cameras and HD capability. Their products evolve with the market, and their worldwide recognized brand name gives them a competitive advantage that is hard to beat by their competitors.
CEO and founder Steve Jobs is a visionary, he saw that before the iPod the mp3 market only had devices that he descrives as" big and clunky or small and useless". He immediately ordered his hardware engineering chief Jon Robinstein to assemble a team to design the iPod's product line. The product development process took less than a year, always with the supervision of Mr. Jobs.The new product was introduced to the market on October 23rd, 2001; with the advertising campaign that fallowed the slogan "1,000 songs in your pocket". At first adoption of the iPod was slowed down because it was only compatible to Mac OS operating system; this limited a large amount of early adopters from getting the revolutionary device. Apple saw the problem and developed iTunes to solve the it, allowing Microsoft users to finally be able to use the iPod with their PCs.
The iPod's life cycle is now at its maturity stage but due to Apple's ability to perceive changes in the market it is still far aways from it's decline stage. The latest version of the iPod product line was released last September; by coming up with new and improved products every year Apple creates a planned obsolescence that makes you look at your old iPod as useless (even if it's still in good conditions) and makes you want to get the new version as soon as its released. Without a doubt Apple has done its market research and strategic planning right in order to stay the competitive advantage that they hold in the mp3 market. It is Apple's ability of making new innovative products that surpass their competition, its incredible advertising campaign (which features silhouette of people like you and me listening to their iconic white ear buds) that has kept the iPod product line alive for almost a decade.
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