MKT302 PRESENTATION
MEMBERS ID
Md. Rakib Mallick
Mohammad Ashfaq Ur Rahman
Marzan Rahman
Noor Mohammad Ratin
Tamima Binte Azim
Shah Sultan Ahmed
1921448
1930087
1930809
1921091
1931358
1910190
GROUP 7
COMPANY OVERVIEW
Samsung mobile phones are the
market leader in Bangladesh
Founded in 1938
Samsung, partnered with Fair
Electronics Limited in 2018 with a
mission to provide local customers of
Bangladesh with products at cheaper
prices.
Samsung introduced its first
smartphone through its Galaxy series
in 2009
MARKETING ORIENTATION
PRODUCTS THAT EARNS CUSTOMER
SATISFACTION
ELEMENTS AND FEATURES THEY
PROVIDE
SALES ADVANTAGE
SOCIETAL VALUES SAMSUNG HAS
LARGE MARKET PROPORTION OF
SAMSUNG
Product, Production, Sales, Societal and Market
MARKET ENVIRONMENT ANALYSIS
PESTLE Analysis
POLITICAL
ECONOMIC
SOCIAL
Political environment is
favorable to Samsung’s
operations
According to the government
policy, in Bangladesh, every
mobile brand has to pay import
tax
Caught in several political
disputes in South Africa
Significant impact on the
economy because they
employ thousands of
people
Increased sales leads to higher
consumption which increases
aggregate demand which
results in high GDP
Samsung invests heavily
into R&D to learn
consumers wants &
needs
Always trying to stay up-to-
date
Customized its products
to meet the needs and
wants of local customers
MARKET ENVIRONMENT ANALYSIS
PESTLE Analysis
TECHNOLOGICAL
LEGAL
ENVIRONMENTAL
Innovative products and
solutions
Application software are
favored by Android users
Received penalties for
getting into a legal battle
with Apple for copying
designs
Required to follow
employment and tax laws
Samsung has concentrated
on lowering its energy
consumption and managing
water-related risks.
Samsung has set goals to
reduce greenhouse gas
emissions significantly
MARKET ENVIRONMENT ANALYSIS
SWOT Analysis
STRENGTH
Global leadership with
18.5% market share
while Apple’s market
share is 13.7%
Less risks as the
smartphone portfolio is
large
WEAKNESS OPPORTUNITY THREAT
Samsung has to rely on
third-party software
Heavily invested into
development of newer
markets instead of
focusing on one of their
core competencies.
Wide range of products,
allowing them to
capture more customers.
Introduces creative
solutions and innovative
products.
Large number of
competitors. ie. Apple,
Xiaomi, Sony, HTC, etc.
Large portfolio
Price Wars
MARKET ENVIRONMENT ANALYSIS
Porter's Five Forces Analysis
THREAT OF SUBSTITUTION
COMPETITVE RIVALRY
BUYERS POWER
SUPPLIERS POWER
THREAT OF NEW ENTRY
Domestic and international
competitors
Research prior to entering
emerging markets
Buyers and companies
require each other
Conduct market research before
opening a store and enlist the
assistance of consultants
The markets for electronic
goods are saturated with
many alternatives
CORPORATE STRATEGIC PLANNING
Mission, Growth Strategy, Strategy Fromulation and Strategic Group
MISSION
Samsung's target in recent markets tends to be brand creation and
being a revolutionary leader
GROWTH STRATEGY
Samsung is primarily concerned with market development, product
development, and diversification
STRATEGY FORMULATION
Samsung's strategy forces Samsung's units to compete for the best
solution against outsiders
STRATEGIC GROUP
Four Galaxy series have similar approaches in management and the
other non-Galaxy series have the same
CUSTOMER ANALYSIS
Market Segmentation and Targeting Strategy
MARKET SEGMENTATION
Feature phones for rural areas
Smartphones for urban areas
GROGRAPHIC
Age
Gender
Income
Occupation
Education
DEMOGRAPHIC
Personality
Lifestyle
Interest
Values
Attitudes
PSYCHOGRAPHIC
CUSTOMER ANALYSIS
Market Segmentation and Targeting Strategy
TARGETING
Differentiated targeting Strategy
TARGETING STRATEGY
From teenagers to any age group; from lower middle
class to upper class; from Teknaf to Tetulia; regardless
of race, religion, gender, income, occupation & literacy
level; lifestyle, personality, interest or values & attitudes
TARGET CUSTOMER
POSITIONING
Market Segmentation and Targeting Strategy
positioning by product
attributes or benefits
positioning by product users
PRODUCT STRATEGY
PRODUCT LINE
Galaxy S
Galaxy
Note
Galaxy M Galaxy A Metro Guru
Product mix generally consists of different product lines
PRODUCT MIX
a product line is a group of similar products with similar
features or similar brand names
PRODUCT LINE
Product Mix and Product Line
DISTRIBUTION STRATEGY
Exclusive product stories lead to increased control
EXCLUSIVE
Increasing the number of outlets to increase sales
INTENSIVE
Exclusive, Intensive and Selective Distribution
Selecting multiple channels and partners with care
SELECTIVE
PRICING STRATEGY
PRICE SKIMMING
COMPETITIVE PRICING
Setting the highest initial price of a newly launched product and gradually lowering it over time
PENETRATION PRICING
Skimming allows firms to adjust and update their prices in relation to the market
Samsung may employ this strategy when launching a new product, and then gradually lowering the
price when a new product is introduced into the market by competitors. Thus driving more people
towards Samsung products
Setting the price of a product based on the
prices being charged by competitors for
similar products
Samsung has to be mindful of their
competitor’s prices and charge prices that let
them remain competitive within the Market
Involves setting low prices in order to ‘penetrate’
the market and gain market share swiftly
This pricing strategy helps Samsung target the
youths as they usually have low incomes,
therefore good products and low prices help them
capture market share, and dominate the market
PROMOTIONAL STRATEGY
Implemented by marketers to drive more attention towards their products and brand, thereby
increasing overall sales.
Samsung relies heavily on promotional strategies, and in order to successfully market their products,
they rely on numerous channels.
Samsung uses their resources effectively to create an association of their products with their brand,
driving a good image into the minds of the general public.
TV ADVERTISEMENT
PRINT
ADVERTISEMENT
SOCIAL MEDIA
ADVERTISEMENT
POINT OF SALE
ADVERTISEMENT
RECOMMENDATION
Samsung to rethink their pricing structure for Galaxy A Series and Galaxy
M Series.
Samsung to focus on more creative promotional strategies to gain more
market share.
Samsung should officially release its every its every variant of
smartphones in the Bangladeshi market regularly.
THANK YOU

MKT302 Advance Marketing

  • 1.
    MKT302 PRESENTATION MEMBERS ID Md.Rakib Mallick Mohammad Ashfaq Ur Rahman Marzan Rahman Noor Mohammad Ratin Tamima Binte Azim Shah Sultan Ahmed 1921448 1930087 1930809 1921091 1931358 1910190 GROUP 7
  • 3.
    COMPANY OVERVIEW Samsung mobilephones are the market leader in Bangladesh Founded in 1938 Samsung, partnered with Fair Electronics Limited in 2018 with a mission to provide local customers of Bangladesh with products at cheaper prices. Samsung introduced its first smartphone through its Galaxy series in 2009
  • 4.
    MARKETING ORIENTATION PRODUCTS THATEARNS CUSTOMER SATISFACTION ELEMENTS AND FEATURES THEY PROVIDE SALES ADVANTAGE SOCIETAL VALUES SAMSUNG HAS LARGE MARKET PROPORTION OF SAMSUNG Product, Production, Sales, Societal and Market
  • 5.
    MARKET ENVIRONMENT ANALYSIS PESTLEAnalysis POLITICAL ECONOMIC SOCIAL Political environment is favorable to Samsung’s operations According to the government policy, in Bangladesh, every mobile brand has to pay import tax Caught in several political disputes in South Africa Significant impact on the economy because they employ thousands of people Increased sales leads to higher consumption which increases aggregate demand which results in high GDP Samsung invests heavily into R&D to learn consumers wants & needs Always trying to stay up-to- date Customized its products to meet the needs and wants of local customers
  • 6.
    MARKET ENVIRONMENT ANALYSIS PESTLEAnalysis TECHNOLOGICAL LEGAL ENVIRONMENTAL Innovative products and solutions Application software are favored by Android users Received penalties for getting into a legal battle with Apple for copying designs Required to follow employment and tax laws Samsung has concentrated on lowering its energy consumption and managing water-related risks. Samsung has set goals to reduce greenhouse gas emissions significantly
  • 7.
    MARKET ENVIRONMENT ANALYSIS SWOTAnalysis STRENGTH Global leadership with 18.5% market share while Apple’s market share is 13.7% Less risks as the smartphone portfolio is large WEAKNESS OPPORTUNITY THREAT Samsung has to rely on third-party software Heavily invested into development of newer markets instead of focusing on one of their core competencies. Wide range of products, allowing them to capture more customers. Introduces creative solutions and innovative products. Large number of competitors. ie. Apple, Xiaomi, Sony, HTC, etc. Large portfolio Price Wars
  • 8.
    MARKET ENVIRONMENT ANALYSIS Porter'sFive Forces Analysis THREAT OF SUBSTITUTION COMPETITVE RIVALRY BUYERS POWER SUPPLIERS POWER THREAT OF NEW ENTRY Domestic and international competitors Research prior to entering emerging markets Buyers and companies require each other Conduct market research before opening a store and enlist the assistance of consultants The markets for electronic goods are saturated with many alternatives
  • 9.
    CORPORATE STRATEGIC PLANNING Mission,Growth Strategy, Strategy Fromulation and Strategic Group MISSION Samsung's target in recent markets tends to be brand creation and being a revolutionary leader GROWTH STRATEGY Samsung is primarily concerned with market development, product development, and diversification STRATEGY FORMULATION Samsung's strategy forces Samsung's units to compete for the best solution against outsiders STRATEGIC GROUP Four Galaxy series have similar approaches in management and the other non-Galaxy series have the same
  • 10.
    CUSTOMER ANALYSIS Market Segmentationand Targeting Strategy MARKET SEGMENTATION Feature phones for rural areas Smartphones for urban areas GROGRAPHIC Age Gender Income Occupation Education DEMOGRAPHIC Personality Lifestyle Interest Values Attitudes PSYCHOGRAPHIC
  • 11.
    CUSTOMER ANALYSIS Market Segmentationand Targeting Strategy TARGETING Differentiated targeting Strategy TARGETING STRATEGY From teenagers to any age group; from lower middle class to upper class; from Teknaf to Tetulia; regardless of race, religion, gender, income, occupation & literacy level; lifestyle, personality, interest or values & attitudes TARGET CUSTOMER
  • 12.
    POSITIONING Market Segmentation andTargeting Strategy positioning by product attributes or benefits positioning by product users
  • 13.
    PRODUCT STRATEGY PRODUCT LINE GalaxyS Galaxy Note Galaxy M Galaxy A Metro Guru Product mix generally consists of different product lines PRODUCT MIX a product line is a group of similar products with similar features or similar brand names PRODUCT LINE Product Mix and Product Line
  • 14.
    DISTRIBUTION STRATEGY Exclusive productstories lead to increased control EXCLUSIVE Increasing the number of outlets to increase sales INTENSIVE Exclusive, Intensive and Selective Distribution Selecting multiple channels and partners with care SELECTIVE
  • 15.
    PRICING STRATEGY PRICE SKIMMING COMPETITIVEPRICING Setting the highest initial price of a newly launched product and gradually lowering it over time PENETRATION PRICING Skimming allows firms to adjust and update their prices in relation to the market Samsung may employ this strategy when launching a new product, and then gradually lowering the price when a new product is introduced into the market by competitors. Thus driving more people towards Samsung products Setting the price of a product based on the prices being charged by competitors for similar products Samsung has to be mindful of their competitor’s prices and charge prices that let them remain competitive within the Market Involves setting low prices in order to ‘penetrate’ the market and gain market share swiftly This pricing strategy helps Samsung target the youths as they usually have low incomes, therefore good products and low prices help them capture market share, and dominate the market
  • 16.
    PROMOTIONAL STRATEGY Implemented bymarketers to drive more attention towards their products and brand, thereby increasing overall sales. Samsung relies heavily on promotional strategies, and in order to successfully market their products, they rely on numerous channels. Samsung uses their resources effectively to create an association of their products with their brand, driving a good image into the minds of the general public. TV ADVERTISEMENT PRINT ADVERTISEMENT SOCIAL MEDIA ADVERTISEMENT POINT OF SALE ADVERTISEMENT
  • 17.
    RECOMMENDATION Samsung to rethinktheir pricing structure for Galaxy A Series and Galaxy M Series. Samsung to focus on more creative promotional strategies to gain more market share. Samsung should officially release its every its every variant of smartphones in the Bangladeshi market regularly.
  • 18.