Started as a paper mill in 1865
First electronic device-pulse
analyzer
Kept diversifying product line-
eventually producing radios,
TVs, and computers
Near bankruptcy after World
War One-joined with rubber
works and cable works
From 1992focused only on
telecommunications
Barriers to enter are high
Economy
Companies struggling to expand
Fierce competition
Nokia has ten series of
cell phone; eight of them
are used Symbian
operating system.
Nokia Corporation
purchased Symbian, Ltd
in 2008
High quality and solid
shell
The company, though, is often criticized for
poor after sales services.
Took a long time to enter the highly productive
and booming smartphone market.
Some of Nokia’s products are not
affordable for middle and lower
class consumers
Constant competition from rivals
Android and iOS
Opportunities to expand the
range of products and their
prices. Also bring in new features
and applications on to Windows
OS
High price, high quality, high tech and
numerous functions also mean high profits
Smart phones are the future of cell phones
Although an unlocked
Iphone’s price is more than
$700 dollars, but customers
could only spent $199
dollars buy an Iphone with
two years AT&T services
Low-cost threats by China
mobile companies and others
can cause big problems
Strong competition from
other Smartphones
companies will make it hard
for Nokia to maintain and
expand their market share.
•Create winning devices
•Embrace consumer
Internet service
•Build scale in networks
•Deliver enterprise
solutions
•Expand professional
services
All price
points for
various
markets
Durable , Reliable
and Affordable
Have a finger on the pulse of every
country and their culture
Developed GSM – International
Roaming
Use Market Adaptation
Market to the specific needs and
wants of the US and UK
Develop a practical understanding
of consumer needs, values, and
affordability based on
demographics
Study and Evaluate potential markets
Competitors and the fast paced
world of mobile - technology
Other companies that have gained
significance market share with
better product differentiation
Nokia evolved on a slower rate in
the quest to maintain low prices.
DISCLAIMER
THANK YOU!!
Created by
Bikash Sahoo, NIT-
Rourkela,
during a Marketing
Internship under
Prof. Sameer
Mathur, IIM-
Lucknow

Nokia Case Study

  • 3.
    Started as apaper mill in 1865 First electronic device-pulse analyzer Kept diversifying product line- eventually producing radios, TVs, and computers Near bankruptcy after World War One-joined with rubber works and cable works From 1992focused only on telecommunications
  • 4.
    Barriers to enterare high Economy Companies struggling to expand Fierce competition
  • 10.
    Nokia has tenseries of cell phone; eight of them are used Symbian operating system. Nokia Corporation purchased Symbian, Ltd in 2008 High quality and solid shell
  • 11.
    The company, though,is often criticized for poor after sales services. Took a long time to enter the highly productive and booming smartphone market. Some of Nokia’s products are not affordable for middle and lower class consumers Constant competition from rivals Android and iOS
  • 12.
    Opportunities to expandthe range of products and their prices. Also bring in new features and applications on to Windows OS High price, high quality, high tech and numerous functions also mean high profits Smart phones are the future of cell phones
  • 13.
    Although an unlocked Iphone’sprice is more than $700 dollars, but customers could only spent $199 dollars buy an Iphone with two years AT&T services Low-cost threats by China mobile companies and others can cause big problems Strong competition from other Smartphones companies will make it hard for Nokia to maintain and expand their market share.
  • 15.
    •Create winning devices •Embraceconsumer Internet service •Build scale in networks •Deliver enterprise solutions •Expand professional services
  • 17.
    All price points for various markets Durable, Reliable and Affordable Have a finger on the pulse of every country and their culture Developed GSM – International Roaming
  • 18.
    Use Market Adaptation Marketto the specific needs and wants of the US and UK Develop a practical understanding of consumer needs, values, and affordability based on demographics Study and Evaluate potential markets
  • 19.
    Competitors and thefast paced world of mobile - technology Other companies that have gained significance market share with better product differentiation Nokia evolved on a slower rate in the quest to maintain low prices.
  • 21.
    DISCLAIMER THANK YOU!! Created by BikashSahoo, NIT- Rourkela, during a Marketing Internship under Prof. Sameer Mathur, IIM- Lucknow