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APPLE –A CASE OF
INNOVATION AND
SUCCESS
APPLE
• World’s largest technology company in terms of revenue
• Founded by Steve jobs, Steve Wozniak, and Ronald Wayne
• Apple products:
How apple achieve
such success?
• INNOVATION
• UNIQUE SELLING PROPORTION
• SIMPLE TO USE
CONNECT WITH EMOTIONS
MANAGING DEVELOPMENT PROCESS
STRENGTHS WEAKNESS
OPPORTUNITY THREAT
APPLE’S MARKETING STRATEGY
(SWOT ANALYSIS)
STRENGTHS
• STRONG BRAND
IMAGE
• CUSTOMER LOYALITY
• CUSTOMER SERVICE
• R&D
• ADVERTISING
WEAKNESS
• PATENT
INFRINGEMENT
• COST COMPETITIVE
PRODUCTS
• LEADERSHIP CRISIS
AFTER DEATH OF
STEVE JOBS
OPPORTUNITY
• GROWING MARKETS
IN DEVELOPING
NATIONS
• BRAND AWARENESS
THREAT
• INTENSE
COMPETITION
• UNCERTAIN
ECONOMIC
CONDITION
• THREAT OF
CONTINUING
INNOVATION
Stages of adoption strategy
• Apple created campaign using ‘hello’ as
tagline to create awarenessAwareness
• It incrementally added new features that
stimulated awarenessInterest
• Creating awareness and interest through
advertising, it was considered to be evaluatedEvaluation
Stages of adoption strategy
• Apple provided various trial features for iTunes
• Also, it provided basic in-built apps in its
product for customer trial.Trial
• Video shooting and high quality photography
features were added
• Added Siri and other features after consumer
adoption and acceptance of product
Adoption
INNOVATION ADOTION LIFECYCLE
Case study
questions
Let’s understand more about Apple’s
success and future
What makes Apple so good at
innovation? Is anyone comparable to
Apple in this respect?
• Incremental innovation
• Cross functional teams
• Pull(advertising) and Push(adding mass
electronic retailer) marketing
• Innovation imperative
• Own operating system
In mobile segment, other companies like
Samsung, One plus are trying to match
with standards of Apple at lower price
How important was iPod to Apple’s
current success?
• It exemplifies Apple’s innovative design
and looked, felt like no other device
before.
• The company created pull advertising
strategy. It created a halo effect and
increased Apple’s market share.
IPOD SALES
Significance of iPhone and iPad to
Apple’s product development strategy
• iPhone facilitated entry to cell phone
market
• Within 74 days,1 million units sold
• iPad combined look and feel of iPhone
with power of MacBook
• Both have made their mark for
professional and personal uses
What ‘s next?
AppleTV and iWatch
Let’s Recap!!!
• Apple Statistics
• Reason for Apple’s success- Innovation,
simplicity, USP, consumer emotions
• SWOT Analysis
• Stages of Adoption
• Case Questions
DISCLAIMER:
This presentation is
created by
Soma Bhattacharya
CCET Chandigarh
under the guidance
of Prof. Sameer
Mathur

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Apple case study

  • 1. APPLE –A CASE OF INNOVATION AND SUCCESS
  • 2. APPLE • World’s largest technology company in terms of revenue • Founded by Steve jobs, Steve Wozniak, and Ronald Wayne • Apple products:
  • 3.
  • 4.
  • 5. How apple achieve such success? • INNOVATION • UNIQUE SELLING PROPORTION • SIMPLE TO USE
  • 8. STRENGTHS WEAKNESS OPPORTUNITY THREAT APPLE’S MARKETING STRATEGY (SWOT ANALYSIS)
  • 9. STRENGTHS • STRONG BRAND IMAGE • CUSTOMER LOYALITY • CUSTOMER SERVICE • R&D • ADVERTISING WEAKNESS • PATENT INFRINGEMENT • COST COMPETITIVE PRODUCTS • LEADERSHIP CRISIS AFTER DEATH OF STEVE JOBS
  • 10. OPPORTUNITY • GROWING MARKETS IN DEVELOPING NATIONS • BRAND AWARENESS THREAT • INTENSE COMPETITION • UNCERTAIN ECONOMIC CONDITION • THREAT OF CONTINUING INNOVATION
  • 11. Stages of adoption strategy • Apple created campaign using ‘hello’ as tagline to create awarenessAwareness • It incrementally added new features that stimulated awarenessInterest • Creating awareness and interest through advertising, it was considered to be evaluatedEvaluation
  • 12. Stages of adoption strategy • Apple provided various trial features for iTunes • Also, it provided basic in-built apps in its product for customer trial.Trial • Video shooting and high quality photography features were added • Added Siri and other features after consumer adoption and acceptance of product Adoption
  • 14. Case study questions Let’s understand more about Apple’s success and future
  • 15. What makes Apple so good at innovation? Is anyone comparable to Apple in this respect? • Incremental innovation • Cross functional teams • Pull(advertising) and Push(adding mass electronic retailer) marketing • Innovation imperative • Own operating system
  • 16. In mobile segment, other companies like Samsung, One plus are trying to match with standards of Apple at lower price
  • 17. How important was iPod to Apple’s current success? • It exemplifies Apple’s innovative design and looked, felt like no other device before. • The company created pull advertising strategy. It created a halo effect and increased Apple’s market share.
  • 19. Significance of iPhone and iPad to Apple’s product development strategy • iPhone facilitated entry to cell phone market • Within 74 days,1 million units sold • iPad combined look and feel of iPhone with power of MacBook • Both have made their mark for professional and personal uses
  • 21. Let’s Recap!!! • Apple Statistics • Reason for Apple’s success- Innovation, simplicity, USP, consumer emotions • SWOT Analysis • Stages of Adoption • Case Questions
  • 22. DISCLAIMER: This presentation is created by Soma Bhattacharya CCET Chandigarh under the guidance of Prof. Sameer Mathur