Samsung Marketing
Samsung Marketing
Samsung Marketing
History
4 Ps in marketing
Conclusion
Samsung Electronics was founded in 1969 in Suwon, South Korea as Samsung Electric Industries originally manufacturing electronic appliances such as TVs, calculators, refrigerators, air conditioners and washers.
Today, Samsung brand is the best known South Korean brand in the world. B D PARK is CEO of samsung company of India Business week rated Samsung as 21st on the Top 100 Best Global Brands 2010. Samsung overtook Japanese rival Sony as the world's leading consumer electronics brand.
history
PRODUCT
Price
4Ps IN MARKETING
PROMOTION
Place
Product
In 1970, Samsung Electronics made cheap 12-inch television sets under Sanyo label.
Now, capturing the number one position in the global memory chip market and pioneering the development of flat-screen displays, plasma TVs, multifunction cellphones, and other digital devices.
Product
Semiconductors
drives
Digital
displays : LCD displays, Plasma displays, and OLED Electronics : TVs, DVD players, home cinema systems, devices : mobile phones, MP3 players, digital cameras, products : monitors, laptops, UMPCs, CD and DVD
displays
Home
and camcorders.
Computing Home
Samsung invested a lot of money in research and development, in order to meet what customers needs and wants. Samsung spent about 9% of revenue, amounting to around $5billion, in 2009 in research and development.
product
1 2 3 4 5
Company
SIEMENS
Country of Origins
GERMANY
2
3 4 5
2619
1475 1250 905
BOSCH
SAMSUNG ELECTRONICS DAIMLER RENAULT
GERMANY
KOREA GERMANY FRANCE
These rankings comes from IP Solutions, part of Thomson Reuters : The worlds leading source of intelligent information for businesses and professionals.
Samsung sells product with price that worthed, if we compared it with the functions, benefits and technology. Samsung is in the process of building an image as a stylish, high quality brand commanding a premium price
Samsung has its own stores which can be found around the world. Not only in Asia, but also in America, Europe, Australia, and Africa. At the stores, we not only can buy the product that sold, but also feel the experience of digital lifestyle.
PLACE
PLACE
Samsung
also has other distribution channels: Best Buy and Circuit City, who known as quality-oriented electronics speciality stores. Bell Microproducts, who known as one of the world's largest storage-centric value-added distributors.
Internet advertising
Product placements
Sponsorships
Hotel
chains (such as Hilton), where most in-room technology was now dated and required early replacement to retain competitive advantage.
The
Summer and Winter olympics games Chelsea FC shirt sponsorship deal Horse jumping (Samsung Superleague).
The
firm devoted nearly 28 % of its media budget allocated to page topping banner ads on over 400 Internet sites Link to mainstream entertainment : Foxs movies Fantastic Four Display in the film
Product Name
Leading competitor
SK Hynix Toshiba LG Display LG Display
Market share
19.8% 33.1% 25.9% 1~3%
Lithium-ion batteries
LCD monitors Hard-disk drives Televisions
18.7%
18.0% 9% 17.2% 25% 11.8% 12%
Sanyo
Dell Western Digital LG Electronics Nokia Sony Texas Instruments
19.4%
12.8% 31.3% 14.8% 23% 17.4% 17%
The conclusions drawn from the SWOT analysis were that Samsungs strengths carry more weight than its weaknesses. If Samsung can properly exploited opportunities that exist, it will navigate the threats with no significant difficulties.