Technology Nokia Market Share Android

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) Over marketing – Over marketing causes the brand to become too common

and thereby the brand might lose value because of Brand fatigue. Too much
exposure makes the brand become undesirable.

6) Irrelevancy – The brand might become irrelevant because of many


reasons. One of the most common reason is technology. For example
– Nokia as a brand lost its market share because it did not give the latest
technology to its customers. Android was the craze at that point of time and
Nokia tied up with Microsoft instead of Android which caused redundancy in
the brand as the software did not develop as fast as that of competition. Thus
Nokia was redundant and Apple and Samsung were the new players in the
game.

7) Increase in competition – Increasing competition has caused the brands


value to be diluted. For example – In soaps and shampoos, there are a lot of
brands which came and went or couldn’t conquer. This is because already
there is such high competition that a brand is not able to stick and even
brands which slow down in their pace, risk being thrown out of the market.
Similar is the case in the Cola market where Gold spot bombed because it
was not able to keep up with the competition.

8) Service is not upto mark – Bad service was one of the reasons that Air
India dropped as a brand. If your service is not upto mark, then the users post
sales experience is very bad which eventually affects the brand and might
cause a brand to fail.

Thus overall there are many reasons of why brands fail. However, it comes
down to the fact that you cannot blame a product failure to branding efforts.
The product needs to have an inherent value for the branding to work

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