Social, Ethical and Legal Implications
7
Marketing Communication and Brand Strategy
The paper is an evaluation of Apple Inc.’s retention, brand, and vision. The data provided verify that Apple Inc. is an organization that lingers to develop and offer the anticipated technology. Apple Inc. creates products, which are loved by numerous people in both the international and local markets. The Apple iPhone is a product, which Apple company retails on the market and reaches aimed customers across numerous parts. Comment by T: wording
Marketing Communication
Situational Analysis
Vision
Apple Inc. is an organization, which concentrates its vision on invention and the advanced sophistication of the models of its products, which are extremely loved by its customers. The vision of Apple Inc. has always been to be a victorious organization (Rowland, 2017). A vision statement ought to be significant, positive. The effect of vision statements on an individual, team, as well as the organizational performance, should be reported in the vision statement (Kirkpatrick, 2017). Besides, after going through Apple’s vision statement, the company has a strong and optimistic statement, which displays the enthusiasm the heads of the organization have for their firm, persons, as well as products.
Market Segments
Apple Inc. makes use of a variety of dissection to sell their goods, precisely, iPhones. Several sections Apple Inc. utilizes consist of psychographics, behavioral, demographic, and geographic. Classifications that fall under these sections comprise regions, genders, lifestyles, and ages. Therefore, dissections are utilized to sell iPhones as well as the attributes, which come with operating systems, iTunes, along with the accessories that come with it (Dudovskiy, 2017). With the company steadily launching new products with the latest technology, they have effectively been able to enter an already packed market regarding phones and the additional products, which are obtainable from Apple Inc. as well as the competitors that keep them a leader in the industry. Comment by T: wording Comment by T: wording
Product
Creating a Brand Image
Apple has been gratified to not only be a brand but also own a brand personality. Apple has been fruitful in producing its brand personality by keeping its appliance manageable and easy to use and comprehend the lines. Currently, almost everybody has a mobile phone, and it has developed to be an ordinary lifestyle of several people worldwide; actually, a majority of persons could not even envision leaving their households or make a move without their phones (Rahaman et al., 2017). The company has been extremely fruitful in generating their brand image, which individuals globally will only purchase Apple products, exactly, the iPhone and its accessories. Comment by T: product
Maintaining Brand Image
To uphold Apple’s brand image, they ought to maintain a benefit with all the rivalry. The vital stage, which was used to uphold the brand image of the company’s products viewed long-ago was for the firm to disdain any product, which did not abide by their vision of simplicity like the Macintosh. Furthermore, Apple Inc. developed a move to follow this vision and created merchandise, which helped in upholding its brand image like the iPhone. When maintaining and advancing their brand image, the company followed its vision concerning adding features such as iTunes and the Apple store.
Branding Concerns
Apple Inc. has perceived some concerns about branding, which should be evaluated by the company. The robust American dollar shook the foreign market, hence making Apple manufacture the product to be more looked-for in all markets. Likewise, product growth has not showcased adequate variations in technology, which makes customers wish to spend the cash to advance their devices. The firm has had the chance to address the branding worries by creating a move to concentrate more on the needs of the consumers. Apple is continuously using hardware advancements for the gadgets the clients already have in addition to operating on creating the technology provided with their new iPhone looked for by customers (“Marketing Week,” 2017). Comment by T: wording
Customer Loyalty and Retention
Apple Inc. has performed well in gaining as well as maintaining retention and loyalty that the latest surveys presented a 99% customer gratification score. The organization has formed changes in the past, which assisted them in being effective regarding retention and loyalty. The most prevalent change was viewed when Apple Inc. launched the iPhone phone. Comment by T: Is this satisfaction?
Conclusion
Apple Inc. is an active company with a track that highlights that they will remain at the top. The organization’s vision is to be simple and satisfy their customers. Its brand is sought out by many persons worldwide, and this displays no gestures of change. Besides, its products are extremely efficacious in the industry, and they remain in gaining loyalty concerning their purchases and following of their products.
References
Dudovskiy, J. (2017). Research methodology. Retrieved from https://research methodology.net/apple-segmentation-targeting-and-positioningdi/
Kirkpatrick, S. A. (2017). Toward a grounded theory: A qualitative study of vision statement development. Journal of Management Policy and Practice, 18(1), 87.
Marketing week. (2017). Retrieved from https://www.marketingweek.com/2016/01/27/why-
apple-is-looking-to-shift-brand-perceptions-to-become-more-than-just-the-iPhone-maker/
Rahaman, M. M., Hossain, M. Z., Islam, M. S., & Md Sajadul Islam Sarker. (2017). Capturing market share and creating a brand image: The scenario of mobile phone sets industry in Bangladesh. Journal of Business Studies Quarterly, 8(4)
Rowland, C. (2017). Panmure Institute. Retrieved from http://panmore.com/apple-mission-
statement-vision-statement
|
Content |
Potential Percent |
Actual Percent |
Comments: |
|
Student develops a branding strategy and marketing communication plan that addresses at least 5 elements of the Situational Analysis and the Product, Place/Distribution, Promotion, and Price Strategies (modified below) sections of the marketing plan. Choose 5 elements from the lists below: |
50 |
47 |
The branding strategy and marketing communication plan is discussed covering five elements for Apple |
|
· Situational Analysis: |
|
|
|
|
1. Vision , Mission, Strategic objectives, Values |
|
x |
|
|
2. Strengths/Weaknesses |
|
|
|
|
3. Competitor’s Strengths/Weaknesses |
|
|
|
|
4. Market Segments |
|
x |
More detail is needed. Who are the segments? |
|
· Product, Place/Distribution, Promotion, and Price Strategies: |
|
|
|
|
5. Creating a Brand Image |
|
x |
|
|
6. Maintaining Brand Image |
|
x |
|
|
7. Branding Concerns |
|
x |
|
|
8. Promotion/Integrated Marketing Communication |
|
|
|
|
9. Advertising Strategy/Objectives |
|
|
|
|
10. Push and Pull |
|
|
|
|
11. Media Strategy |
|
|
|
|
12. Advertising Execution |
|
|
|
|
13. Public Relations/Strategies |
|
|
|
|
Student must include a measurement of customer loyalty and retention in your strategy document. |
20 |
10 |
Measurement of customer loyalty and retention is discussed as it relates to previous surveys. What will Apple do to retain its customers? |
|
The branding strategy and marketing communication plan is a minimum of 700 words in length. Note: Charts/graphs/tables do not count toward the word count. |
|
|
|
|
|
70 |
57 |
|
|
Paragraph and sentence transitions are present, logical, and maintain the flow throughout the paper. |
|
|
|
|
Sentences are complete, clear, and concise. |
|
|
The paper contains minor errors as indicated. |
|
Rules of grammar and usage are followed including spelling and punctuation. |
|
|
|
|
|
20 |
18 |
|
|
The paper—including tables and graphs, headings, title page, and reference page—is consistent with APA formatting guidelines and meets course-level requirements. |
|
|
|
|
Intellectual property is recognized with in-text citations and a reference page. |
|
|
APA is followed. |
|
|
10 |
10 |
|
|
Assignment Total |
100 |
85 |
|