NOKIA INTERNATIONAL CARE PLAN OFFER 2013 Complete RecommendationMarine Escande
NOKIA INTERNATIONAL CARE PLAN OFFER
Grade: 17/20 ISCOM 2013
Complete Analysis & Recommendation
Designing an International and attractive Care Plan offer
Concept: A 4 level care plan with different options to choose.
Positioning: An online and in-store, customisable offer that brings collective solutions
Nokia claims that it is profitable since June 2020, thanks to the lowest operating loss since 2018. ... However, revenue for the brand declined to EUR 1.2 billion in 2020 from EUR 1.7 billion the previous year, i.e. 2019. The brand still managed to be profitable thanks to the significant decline in the operating loss.
https://ukcustompapers.com/
Reason for Success and Failure
Trade Cycle of Nokia
Comeback of Nokia
SWOT Analysis
Marketing Mix
Porter's Five Force Model
Comeback Strategies
Recommendations
Nokia- Microsoft alliance in the smartphone industry CASE StuD.docxhenrymartin15260
Nokia- Microsoft alliance in the smartphone industry
CASE StuDy
The Nokia-Microsoft Alliance in the Global Smartphone Industry (circa 2011)
The Nokia-Microsoft strategic alliance was announced in early 2011 to cooperate in the de- velopment of smartphones. The Wall Street Journal wrote: “Nokia calls Microsoft for help.”1 The Financial Times observed: “Elop jumps into the arms of former boss.”2 The alliance was specifically initiated by Stephen Elop, an ex-Microsoft executive who had worked with Steve Ballmer, CEO of Microsoft. No wonder Nokia hired Elop to become its CEO in 2010. This was a calculated move by Nokia to grow in an industry that carried good prospects for the future. In addition, Elop’s expertise was in the software sector, where Nokia wanted to venture into the future. Both companies needed a partner to expand in an industry that was in a growth mode. Besides this, Nokia was particularly vulnerable because of its losing market share and because Apple’s iPhone was growing in the U.S. and global markets. Microsoft was interested in Nokia because of its long-term interest regarding introducing Windows phone technology/software. Since Nokia continued to be a global player in the cell phone industry, it made sense to create a corporate tie-up that aimed at global expansion for both companies. Success of Apple’s iPhone was another factor in seeking a long-term alliance in a market that has grown multifold in the global mobile phone market.
In 2012, Nokia was the largest manufacturer of mobile phones and other telecom gear in the world with revenues of $55 billion and a market capitalization of $19 billion. Microsoft, on the other hand, was the largest software maker in the world and generated revenues of $69 bil- lion. The company carried a healthy market capitalization in 2011 that stood at $266 billion.3 By being a cash-rich company, Microsoft was able to inject a sizable amount of money in the alliance. As of February 2012, a closer look at the alliance reveals that both companies’ plans worked well. Nokia has released a new series of mobile devices, called Lumina, with Microsoft’s Windows technology. At the same time, Nokia continues to lose market share in the global mobile industry because of its aging technology (“Symbian”). Google’s Android is a clear winner because of high demand, followed by Apple’s iPhone. Google has done well since its acquisition of Motorola’s Mobility.4 Value Line in 2012 wrote: “Nokia’s operating results continue to deteriorate; the transition of the smartphone is under way; over time, Windows Phone will be the software driving Nokia’s upscale handsets.”5 Although Nokia was always the market leader in mobile technology, its anemic strategies in the global market indicate that the company is losing steam in the mobile phone industry. The situation is the same with Research in Motion’s Blackberry, which continues to lose market share in global markets. Just a few years ago, Blackberry was the main play.
In this study I have tried to conduct a technology forecast for the mobile industry. In order to do this we have developed and followed a ten steps methodology as follows;
First we started by defining the industry and determining the exact sub industry definition. Second we studied the history of mobile phones with special focus on the important milestones to determine the important inflection technology events which took the technology to the second level, or helped in diffusing the technology, or created a new trend or resulted in a technology disruption. Third we gone through an industry analysis phases in which we studied the market growth rate, market share of different players, identifying leaders, followers. Followed by studying the market dynamics and main trends from both producers and consumers. Producers revenue pyramid, current and future strategies have been included. Fourth we composed the industry PEST analysis followed by industry overall analysis using porter five forces model. Fifth, a study for the major technological trends have been conducted, resulted in identifying main important industry trends. For each of the identified industry trend, we have identified the main technological challenges based on the consumer pull demand and the technology implication of each. Sixth, we constructed our technology future wheel based on all the previously mentioned types of analysis, resulted in identifying the main technology subcomponents. Seventh, we gone through a structural analysis followed by cross impact analysis for those subcomponents. Eights, a relevance tree for all those subcomponents including different technological alternative for each have been constructed. Followed by an analysis based on experts opinion about existing diffusion rate for each of those technology alternatives. Ninth, a road map for the forecasted technologies have been compiled, followed a wild card listing for alternative technologies which may exist in the near or far future, even technologies which in research and we believe that it is extremely wild have been included. Tenth, a conclusion of our forecasted short and terms technologies landscape have been composed and presented.
Case study: The Rise and Fall of Nokia By by Juan Alcacer, Tarun Khanna and Christine Snively.
Nokia provides telecommunications network equipment and services.
It was world’s leading manufacturer of mobile telephone handsets.
BUT Had to sale it’s assets to the Microsoft for $7.2 billion.
The sale marked as “sad ending to Nokia”.
I am student
University Name Federal urdu univesity Islamabad
About Nokia company
Why nokia company fail in the market?
My way of research project case study
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Nokia A bomb in you pocket?
1. Group 1
Yana Cherepashenskaya, Garry Gonzalez, Ismet C. Cetinguc,
Alexandra Menéndez Meléndez, Md Kabir Hossain Kanak, Zach Foster
2. Strengths
• Global Brand Image
• Largest Distributor in the
mobile phone industry
• User Friendly
Weaknesses
• Weak brand Building
• Difficulty in Localization
• Poor after sales service very
few customer care point
Opportunities
• Opportunity to expand
with wide range of products
feature, and different price range
to suit different people
Threats
• Maintaining the
position as a market leader
• Many cellphone company was entering
to the market with same function at
cheap price.
4. ● BL-5C is a Li-ion battery
● 300 million units
● 100 units of BL-5C
● Problems were limited to a
batch
● Overheating batteries were
alarming to countless
consumers
5. ● Batteries overheating while
charging
● Nokia issues advisory for free
replacement of faulty units
● News programs added more
panic with intensive
comparisons
● Flood care centers
6. ● 46 Million batteries
voluntarily recalled by Nokia.
● Company called it an “isolated” accident
for the injury of a 30 year old woman and
assured to compensate injured woman
if it’s proven caused by battery.
● Arja Sauminen, Nokia spokeswoman in India blamed
Matsushita Electric Industrial by stating “Supplier is
responsible for quality”
● Even though the were several suppliers producing BL-5C for
Nokia, only the ones are manufactured by Matsushita recalled.
● Company stated that some of the BL-5C may overheat caused by
a short circuit while being charged.“Consumers with such
batteries can ask for replacements”,said Nokia to prevent
similar incidents.
7. ● Prevented false rumors by stating the supplier
should be held responsible
● Handled angry customers with compensation and
immediate recall and replacement of the product
● Took immediate action with the supplier after
specifically defined the problem
● Shares of Nokia fell 64 cents(2.1%) to $29.84 on NYSE
8.
9. ● September 2013- Microsoft acquired Nokia's mobile phone business
as part of an overall deal totaling €5.44 billion (US $7.17 billion).
● April 2014- Deal completed with Stephen Elop,
Nokia's former CEO, and several other executives
joining the new Microsoft Mobile subsidiary of Microsoft
● November 2014- Nokia began to license product designs
and technologies to third-party manufacturers
● June 2015- Dismissed Stephen Elop and Jo Harlow,
the last surviving members of Nokia's leadership
team to retain prominent positions following
the Microsoft takeover
● Nokia Chief designer, Marko Ahtisaari,
is now playing bass in a band