Samsung is a leading producer of consumer electronics, including TVs. The document discusses Samsung's LED TV market, including its market share, growth over time, and Porter's Five Forces analysis. It provides an overview of Samsung's business and TV product portfolio. Key details include Samsung having a 44% market share in TVs, with growth from 5.2% in FY05 to 20.6% in FY17. The Five Forces analysis found competitive rivalry and threat of substitutes to be high. The document then analyzes Samsung's LED TV marketing strategies, product life cycle, sales forecasting, distribution, and digital marketing approach.
2. SECTOR INFORMATION:
Consumer Durables
Consumer Appliances
Brown Goods: Kitchen
Appliance
White goods: Air
conditioner, refrigerator etc.
Mobile Phones,TV,Mp3,
Camera etc.
Others: Watch,
Jewellery etc.
3. SHARES IN ORGANIZED RETAIL INDUSTRY
42%
16%
12%
10%
7%
3%
3%
1%
6%
Food, Groccery and Merchandise
Clothes,Textiles and Fashion
Durables and Mobiles
Food Services
Home Improvement
Jewellery & Watches
Footwear
Books,Music,Toys &Gifts
Others
5. PORTER’S FIVE FORCES MODEL
Competitive
Rivalry
(High)
Threat of
Substitutes
(High)
Threat of
New
Entrants
(High)
Bargaining
Power of
Suppliers
(Low)
Bargaining
Power of
Customers
(Medium)
6. SAMSUNG : SNAPSHOT
• Samsung Electronics Co., Ltd. was founded in
1938 and is based in Suwon, South Korea
• Samsung Electronics deals in consumer
electronics, information technology and mobile
communications, and device solutions businesses
worldwide
• Involved in the technology business; venture
capital investments; and manufacture of
semiconductor equipment
7. Product Portfolio
MOBILE
• Galaxy Products
• Phones
• Tablets
• Wearables
• Virtual Reality
• Audio
• Accessories
APPS
• Bixby
• SMART/OLED
Switch
• Samsung Pay
• Samsung Health
• Samsung +
• Shop Samsung App
• Samsung kids
TV AND HOME
THEATER
• TV
• Q-LED TV
• The Frame
• Premium UHD TV
• UHD TV
• SMART/OLED TV
• Sound bars
• 4K Blu-Ray players
ALL
ACCESSORIES
• TV Accessories
• Home theatre
accessories
• All TV & Home
theatres
COMPUTING
• Windows Laptop
• Windows Desktop
• Chrome book
• HMD
• Tablets
• Memory & Storage
• Memory Card
• Monitors
• Printers
HOME
APPLIANCES
• Refrigerators
• Wall Oven
• Cook tops and
Hoods
• Dish washer
• Washers
• Dryers
8. MARKET SHARE OF VARIOUS COMPANIES
7%
7%
9%
20%
13%
44%
TOSHIBA
Panasonic
Sony
Samsung
LGE
Others
9. SWOT ANALYSIS
S
• Better overall performance over any other TV brands
• Higher refresh per rate on the image quality
• Works without the use of a backlight. thus gives the thinner dimension.
W
• Price is one of the weakness of Samsung TV
• Product life Cycle.
• Current technology has the SMART/OLED display lasting about half as long as the LCD/LED
counterpart.
O
• Partnerships among online affiliates.
• Samsung has an opportunity to corner the market and create their own niche in the
SMART/OLED TV market.
• Entry into the market can end the Chinese and Japanese domination.
T
• Sony might stay out of the SMART/OLED TV market all together, and just partner with LG to
supply them with SMART/OLED TV screens.
• Samsung will have to stay focused on whatever advancements their suppliers have made in
production
10. MARKETING MIX
Product
• Revamped investments
into one Samsung
branding
• corporate unification in
building and improving
its branding with the
emphasis of building
customer relationship
• Mobile devices and
television are currently
Samsung’s largest
market segment
Price
• The SMART/OLED TV
will be priced at range
of Rs350000 to Rs
400000 for 46 inch
• Target market for
SMART/OLED TV is
geared towards a
demographic of
customer with incomes
of Rs70,000 and above
• The price will
substantially decrease
to a much more
affordable price
Place
• Online Companies
• Authorized Sellers
and Resellers
• Physical Retail
Store
• Online Retail
Stores
Promotion
• Digital Marketing
and the web.
• Social Media
Networking.
• Blogs, Online
Magazines and
Micro Blogs
• Web Advertising
and Web Media
• Media
Advertisement
12. SALES FORECAST
YEAR SALES
2012 350381
2013 331207
2014 324486
2015 292194
2016 287241
2017 282371
• Moving Average method =
(2015+2016+2017)/3 = 287268 KRW
• Naïve/Ratio method = (Actual sales
of this year/Actual Sales of last year)
*Actual sales of last year = 277584
KRW
13. DISTRIBUTION FORMATS AND MARKETING
CHANNELS:
• Exclusive and Selective Distribution
Strategy
• 0-level and 1-level distribution
• Sales Through (Sales to the End
Consumer) – 0-Level Channel
• Sale Out (Sales to the retailer and retailer
sales to the end consumer) – 1-Level
channel
14. DIGITAL MARKETING STRATEGY
• Facebook
• YouTube
• Twitter
• Focus on Conversion, Not
Just Leads
• Set the Stage for Long-Term
Value
• Double Down on Customer
Service
• Create the Ultimate Buying
Journey
• Know When and How to Go
Back and Refine Processes
15. FACTOR ANALYSIS
• Factors to be analyzed:
Looks Screen Size After Sales Service Discounts
Popularity Color Display Product Type Latest Technology
Word of mouth Weight Price Brand Value
Friend/Family
Recommendation
Reliability Purchase Promotional
Advertisement
Dealer
Recommendation
Energy
Consumption
Payment Mode Brand Ambassador
19. FACTOR ANALYSIS(CONTD.):
• The highlighted cells in the previous slide under the same columns are being
renamed as follows:
Customer Preference Energy Consumption, After sale service,
Product type, price, Latest Tech used
Promotion Promotional Advertisement, Brand
Ambassador
Value for Money Color display, Reliability, Price
Brand Image Popularity, Brand Value
Clarity Looks, Purchase Medium
Recommendation Dealer recommendation
Offers Discounts
20. CONCLUSION
• As with other devices that take you online there are fears surrounding security and
there is a point some of the time. So Samsung could work on it and be ahead of its
competitors
• Since the trend for LED is increasing a price drop in the products would cater a huge
demand
• Samsung TV could increase there distribution level and supply more numbers in the
outlets which would help increase there sales
• The promotional strategies done by Samsung should be modified and marketing
strategies involving consumer emotions should be adopted
• A better after-sales service is what is needed by Samsung which would help
increase customer loyalty