Showing posts with label marketing. Show all posts
Showing posts with label marketing. Show all posts
Tuesday, September 11, 2012
Saturday, September 1, 2012
Product Management/Product Marketing - The Nissan GTR35
I am going to post this as a part of "Supercar Sunday" for Farrst Developments - but there is so much good business material in this short movie I couldn't help but also put it here to for you all to see. Seems that Carlos Ghosn is a very smart man, and a very savvy business leader.
I have no doubt in my mind that he was very instrumental in getting the R35 out of drawing boards and into real life. I can understand why the Japanese people look up to him, and why Renault grabbed him when they did.
Topics covered:
- Product Management,
- Product Marketing, - Marketing Management,
- Task Management,
- Competitive Markets
.....Enjoy
Labels:
decision making,
indirect competition,
industry,
management,
marketing,
markets,
nissan,
organizational behavior,
personality,
product,
sales,
sales pitch,
strategic cooperative agreement,
suppliers,
technology
Monday, August 13, 2012
Marketing in the Cellphone Industry - Stewart Farr (2001)
("I know this is a bit old now guys.........but makes for some interesting reading when you reflect on it - turns out I was right, and Apple cashed in on this concept" -Stew)
1.1 The purpose of marketing in the Cellphone industry.
The purpose of marketing cellphone's, is no longer to sell a simple
piece of electronic equipment. It now sells an essential form of communication,
in today’s mobile world.
The Cellphone is now sold as a cultural
icon – symbolising a personality of the consumer. The advertising jumps out at
you, no matter where you are – not only through the visual and verbal networks
of advertising but also the subliminal peer pressure of today’s society.
1.2 Built for Humans
Items that are built for humans in mind are now the huge pulling forces
in today’s markets. User-friendly products are now becoming major exploit due
to the fact they can easily exploit any market. Ergonomics has become a
multimillion-dollar industry – with most products being designed with the human
in mind. Consumers like the security of mind by knowing that a Cellphone
contains certain aspects that make their life easier or safer.
An example of a good user-friendly marketing campaign is Nokia’s. Their
“Human Technology” campaign improved their share price from a low of less that
$27 U.S, to an all time high of $30.25 US, which is still increasing. Consumers
responded well to the campaign, increasing sales by over 25%.
All the phones now produced have some form of ‘hands free calling’.
Motorola now are installing “BASS boosted, CLEAR response hands free speakers”,
for less ‘mechanical’ distortion and more ‘human’ crisp, clear sound.
1.3 Not
just Communications
Mobile phones are developing to more that mobile communications. They
now people phonebooks, email, Internet, arcade machine, timetable, organiser,
alarm, pager, text editor, modem, fax and now contain more functions then a
personal computer. It could be said that cellphone's are the personal computers
of the future.
People now go out looking for which phone has got the most functions,
and Cellphone companies take great advantage of this by glorifying the
functions on their mobiles.
1.3 Additional
Services provide by the Cellphone manufacturer
These greatly determine the Cellphone market. Alcatel a large
communications company offers no support for their distributors and do not sell
directly to the market, for this reason they sell very poorly in most
countries. However in New Zealand, Vodafone’s largest selling mobile brand is
Alcatel – Vodafone do most of the advertising and hire purchase for the
Alcatel’s because they suit well to Vodafone’s pre-paid market (which accounts
to 70% of Vodafone’s sales).
Nokia are at the other end of the spectrum, developing advertising,
customer support and providing an expensive hire purchase scheme for the
consumers – this in turn has made them the largest Cellphone manufacture in the
world.
1.4 Effective Product Naming
The names of cellphone's are becoming abbreviated and cut to suit the
style of the target audience. Simplicity is the key when naming a Cellphone,
something that people remember – a letter, word, number or feeling works well
as the consumer is not thrown into ‘manufacturing jargon’.
Good use of numbers is the Nokia Series, 252, 918, 5110, 5120, 6220,
8250 – each one is easily remembered as the short term memory can store up to 7
digits.
Good use of letters is demonstrated with the new Motorola series, L
series and V series.
1.5 The use of brand loyalty
With a well-established company, it is easier for them to get their
products noticed. They do this by placing their company logo in the background,
in the corner, anywhere where is noticeable but not distracting, on their
advertising. People recognise these symbols and instantly want to know more.
Alcatel and Motorola use this all the time, placing their logo in the
background to posters, handouts, anything that gets them noticed.
1.6 Styling
the product to the target market
There is no point is selling ice to Eskimos, the same rule applies to
Cellphone marketing. Cellphone marketeers have only just trained to the US
market – with their style to distinctive, making it hard for Cellphone
manufactures to adapt to the market.
French cellphone's are more style then function – often containing
fewer buttons and comfortable shape.
Asian cellphone's are more function and size – having enough
electronics to scare a personal computer in the size of a few credit cards.
Bibliography
1) Handouts – Motorola: Lseries+,
WEB W/O WIRES
2) GSM
V2288 FEATURE LIST
3) Nokia: 5120, The smart
phone with the smart key
4) 8250,
Walk on the Blue Side
5) 5110,
The smart phone with the smart key
6) 6210,
Be ready
7) 8210,
Live with Passion
8) Alcatel: One Touch 302
And
various Sagem, Ericsson & Philips
1) Web sites - www.motarola.com.au
– For company profile
2) www.nokia-asia.com – for company profile
3) www.nokia.com – for customer support
4) www.alcatel.com – for company profile
5) www.sagem.com – for new phone web adverts
6) www.sony.com – for new phone web adverts
7) www.cnet.com – for market research on Nokia
expected sales
8)
www.quicken.excite.com/tickersearch - for market capital and annual revenue of
Nokia and Motorola.
Wednesday, June 13, 2012
Small beginnings and big bytes - an Apple story
Ok so it was my sons 1st birthday recently, and he got one of these from his grandma
But you see while I don't profess to be a big Apple fan. Fact of the matter is they are a big part of my life of who I am and how I have got to where I am.
I most likely would not have leaped into IT/IS or even business computing - except for the fact that when I was 5 - my father got me this.
This good ol' Apple II lasted me all the way though my Schooling years. It did nothing really practical, it had no printer, no word processor. It had a joystick, increase ram and a 4 colour display - so it was mainly used for games.
But it taught me some very basic things. How to type fast, how to think fast and most importantly how to be patient when it comes to loading. At the time if you wanted a personal computer and had money you got a Apple II, if you were cheap or had some fancy ERP tool you got IBM's 8086. It was a strange market. But basically the II changed the way people thought about computing. It created personal computing.
Then when at Middle school I got to use this:
The Mac classic. The perfect device with the worst execution. It had a lot going for it except good marketing. It was an all in one unit. It was light enough to carry. It HAD resolution. It was the first FANLESS computers - something unheard of in the electronics industry.
This computer should have captured the whole market. But it failed horribly and was eaten alive in the red market that had become the personal computer. Acer, IBM, Compaq, Tandy, HP, Atari............it was no longer a 2 horse game. And some of the competitors were cut throat pirates.
Apple was being cut and started to bleed. From recall this was when Jobs started to get young and reckless - the other owners of apple noticed and cut him from the fray. Thankfully they still had a fan base.
Come to College I found myself using one of these...
The LC was not a bad machine, it just wasn't a good one. It was doing what everyone else was doing hardware wise, software wise it was completely propriety. This was the 90's and now Microsoft ruled the roost - not by selling computers, but by selling the operating system. The market had changed and people paid pennies less for the hardware, but more for all the software. The giants of the valley were now companies like Microsoft, Adobe, Macromedia........ as they had the I.P. and most of the hardware was now being made out of China.
Jobs was rehired, and refocused. A massive cash injection came into Apple via Microsoft. And I then had to deal with this before I went to University.
The imac was everything the Mac Classic should have been, it was an all in one unit that had the marketing weight of a heavy weight boxer on crack. It forced the competition to rethink its game. To think about things like case design and ergonomics. To think about colours (beige cases and monitors were all the rage - not!).
However at this point the computers only had a cult following. They were expensive and next to useless to most people.
It was never that I disliked Apple...........I always appreciated them from an engineers perspective. It was that I could see their failures from a business perspective. But I was fortunate to own the computer that made Apple a great computer company. A world leader. Now my son can experience that with their iPAD.
Now you can understand why Apple's model had to change - there market was never computers. That was simply the first market they tried. They needed to think past that and find out what people were not doing. In the 1970's people were not making personal computers. In the 1990's people were not making MP3 players with lots of storage. In the 2000's people were not making useable, reliable tablets.
Turns out the Woz (the others guy who started Apple with Jobs in the 70's) knew this all along. Check out his Q&A below.
http://farrstdevelopments.blogspot.com/2012/06/listen-to-what-woz-has-to-say.html
But you see while I don't profess to be a big Apple fan. Fact of the matter is they are a big part of my life of who I am and how I have got to where I am.
I most likely would not have leaped into IT/IS or even business computing - except for the fact that when I was 5 - my father got me this.
This good ol' Apple II lasted me all the way though my Schooling years. It did nothing really practical, it had no printer, no word processor. It had a joystick, increase ram and a 4 colour display - so it was mainly used for games.
But it taught me some very basic things. How to type fast, how to think fast and most importantly how to be patient when it comes to loading. At the time if you wanted a personal computer and had money you got a Apple II, if you were cheap or had some fancy ERP tool you got IBM's 8086. It was a strange market. But basically the II changed the way people thought about computing. It created personal computing.
Then when at Middle school I got to use this:
The Mac classic. The perfect device with the worst execution. It had a lot going for it except good marketing. It was an all in one unit. It was light enough to carry. It HAD resolution. It was the first FANLESS computers - something unheard of in the electronics industry.
This computer should have captured the whole market. But it failed horribly and was eaten alive in the red market that had become the personal computer. Acer, IBM, Compaq, Tandy, HP, Atari............it was no longer a 2 horse game. And some of the competitors were cut throat pirates.
Apple was being cut and started to bleed. From recall this was when Jobs started to get young and reckless - the other owners of apple noticed and cut him from the fray. Thankfully they still had a fan base.
Come to College I found myself using one of these...
Jobs was rehired, and refocused. A massive cash injection came into Apple via Microsoft. And I then had to deal with this before I went to University.
The imac was everything the Mac Classic should have been, it was an all in one unit that had the marketing weight of a heavy weight boxer on crack. It forced the competition to rethink its game. To think about things like case design and ergonomics. To think about colours (beige cases and monitors were all the rage - not!).
However at this point the computers only had a cult following. They were expensive and next to useless to most people.
It was never that I disliked Apple...........I always appreciated them from an engineers perspective. It was that I could see their failures from a business perspective. But I was fortunate to own the computer that made Apple a great computer company. A world leader. Now my son can experience that with their iPAD.
Now you can understand why Apple's model had to change - there market was never computers. That was simply the first market they tried. They needed to think past that and find out what people were not doing. In the 1970's people were not making personal computers. In the 1990's people were not making MP3 players with lots of storage. In the 2000's people were not making useable, reliable tablets.
Turns out the Woz (the others guy who started Apple with Jobs in the 70's) knew this all along. Check out his Q&A below.
http://farrstdevelopments.blogspot.com/2012/06/listen-to-what-woz-has-to-say.html
Labels:
Apple,
bullpad,
communications,
confidence,
cost benefit analysis,
decision making,
delusions,
economics,
education,
indirect competition,
internet,
introverts,
marketing,
poor business practices
Tuesday, May 29, 2012
Infographic Tuesday : Word of mouth = sales
Something that took me a long time to get the balls enough to ask for, was a recommendation. But fact of the matter these give you 10 times the sales any marketing campaign can give you.
Word of mouth is the purest sales gospel.
Word of mouth is the purest sales gospel.
Thursday, May 24, 2012
How to sell anything to anyone. The Apple philosophy
Stolen from http://www.businessweek.com/articles/2012-04-26/mad-libs-startup-pitch
I am off on holiday for a month in New York - so if your there and want to catch up for a coffee - email me farrst@gmail or tweet me @farrst
-Stew
I am off on holiday for a month in New York - so if your there and want to catch up for a coffee - email me farrst@gmail or tweet me @farrst
-Stew
Tuesday, May 22, 2012
Infographic Tuesday - Banner ads, who clicks
You will click hopefully...........because that buys me beer inspirational motivation to do more stuff for you.
Friday, March 16, 2012
Nokia Tablet
With a rumor of a Nokia Tablet coming out. Thought I better post something I worked on a few years ago.....The Nokia based "BullPad"
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