SlideShare uma empresa Scribd logo
1 de 17
MARKETING STRATEGY
HISTORY OF NOKIA :
• Founded on 1871 and Nokia began with making paper
• In 1898 founds the Finnish Rubber Works
• In 1912 sets up the Finnish Cable Works
• In 1963 starts developing radio telephones
• by 1987 Nokia is the third largest TV manufacturer in
Europe.
The Mobile Era
• Nokia in 1979 started radio telephone company Mobira Oy with Finnish TV
maker Salora
• in 1981 Nokia launched the Nordic Mobile Telephone (NMT) service
• In 1984 Nokia launches the Mobira Talk man portable car phone
• In 1987, GSM (Global System for Mobile communications) is adopted as the
European standard for digital mobile technology.
NOKIA IN NEW AGE:
• In 1992, Nokia launches its first digital handheld
GSM phone, the Nokia 1011.
• In 1994, Nokia launches the 2100 series, the first
phones to feature the Nokia Tune ringtone.
• The Nokia 2100 series goes on to sell 20 million
phones worldwide. Nokia’s target was 400,000.
• By 1998, Nokia is the world leader in mobile
phones.
Competition…
• While it was not totally unexpected, what
caught Nokia off-guard is the rate at which
competitors where innovating new technology.
Competition…
 Nokia primarily failed to innovate attractive
technology and features.
 Newer concepts such as User Experience and
User Interface were being neglected.
 Nokia was clinging onto Symbian OS
for too long. It had reached its peak.
Redrafting Strategies
 In 2011, Nokia joined forces with Microsoft to
strengthen its position in the smart phone
market.
• Under the leadership of the Stephen Elop, Nokia
decided to stick to only and only Windows OS
while Android was a free alternative.
• Though Nokia is now reporting profits, it had
lost its glory in the market it once dominated
single-handedly.
Redrafting Strategies
 In September 2013, Nokia entered into an agreement
with Microsoft whereby Microsoft would purchase
substantially all Devices & Services.
Nokia’s factory, chennai…
The Nokia House, Nokia's head office located by the Gulf of
Finland in Keilaniemi, Espoo, was constructed between 1995
and 1997.
What did Stephen Elop do
wrong?
• While the entire smartphone OS industry was evolving,
manufacturers moved on and adopted various operating
systems like Android, Windows, Bada, Meego, et cetera, Nokia
decided to stick to Windows OS only.
• As Android and iOS became more popular, Nokia and its
windows phones failed to attract any attention.
Mistakes that lead to Nokia Failure
1. Failure of Symbian OS
2. Wrong Deal with Windows
3. NOKIA Became Laggard in Smartphone
Market
4. Losing Market Share on Both Ends
5. Failure to Implement the Right Umbrella
Branding Strategy
SWOT
Strength
• Brand name.
• teaming up with
Microsoft’s experts
• higher re-sale value
• easy to use
• Price ranges
Weakness
•Poor after sales services.
• Late comers to Smartphone
market
•Unaffordable for middle and
lower class consumers
Opportunities
•Microsoft-Nokia deal
•Opportunities to expand
using Windows OS.
Threats
•Strong competition from
other Smartphone companies
•Low-cost threat from China
mobile companies
SWOT Cont...
Conclusion
 From Technology perspective, Nokia did not
deliver as per expectations based on previous
performance
 From the Strategy perspective, though Nokia did
eventually come up with nice lucrative products, it
lost in the race against time due to poor strategies
and sly competition.
 From the organizational and people perspective, the
new CEO’s attitude and competency proved to be
fatal for the company.

Mais conteúdo relacionado

Mais procurados

Product strategy nokia
Product strategy nokiaProduct strategy nokia
Product strategy nokiafrudoking
 
Nokia's start to end
Nokia's start to endNokia's start to end
Nokia's start to endVinu Praveenz
 
Nokia: About the Company
Nokia: About the CompanyNokia: About the Company
Nokia: About the Companypooja sonakiya
 
The decline and fall of nokia
The decline and fall of nokiaThe decline and fall of nokia
The decline and fall of nokiaDavid Cord
 
NOKIA Rise, Fall, Comeback
NOKIA Rise, Fall, ComebackNOKIA Rise, Fall, Comeback
NOKIA Rise, Fall, ComebackPurvesh Shinde
 
Presentation on nokia overall started
Presentation on nokia overall startedPresentation on nokia overall started
Presentation on nokia overall startedANSHU TIWARI
 
Nokia Pricing Strategy Case Study
Nokia Pricing Strategy Case StudyNokia Pricing Strategy Case Study
Nokia Pricing Strategy Case StudyAgniva Sinha
 
Nokia Swot PESTLE Porter Five Forces
Nokia Swot PESTLE Porter Five ForcesNokia Swot PESTLE Porter Five Forces
Nokia Swot PESTLE Porter Five ForcesAdam Khan
 
NOKIA’s Comeback: Rising from The Ashes
NOKIA’s Comeback: Rising from The AshesNOKIA’s Comeback: Rising from The Ashes
NOKIA’s Comeback: Rising from The AshesLalita Shrestha
 

Mais procurados (20)

Case Study on Nokia
Case Study on NokiaCase Study on Nokia
Case Study on Nokia
 
Nokia case study
Nokia case studyNokia case study
Nokia case study
 
Nokia Marketing Strategies
Nokia Marketing StrategiesNokia Marketing Strategies
Nokia Marketing Strategies
 
Nokia
NokiaNokia
Nokia
 
Nokia latest
Nokia   latestNokia   latest
Nokia latest
 
Product strategy nokia
Product strategy nokiaProduct strategy nokia
Product strategy nokia
 
Nokia ppt
Nokia pptNokia ppt
Nokia ppt
 
Nokia's start to end
Nokia's start to endNokia's start to end
Nokia's start to end
 
Nokia: About the Company
Nokia: About the CompanyNokia: About the Company
Nokia: About the Company
 
The failure of nokia
The failure of nokiaThe failure of nokia
The failure of nokia
 
The decline and fall of nokia
The decline and fall of nokiaThe decline and fall of nokia
The decline and fall of nokia
 
NOKIA Rise, Fall, Comeback
NOKIA Rise, Fall, ComebackNOKIA Rise, Fall, Comeback
NOKIA Rise, Fall, Comeback
 
Nokia- PPT
Nokia- PPTNokia- PPT
Nokia- PPT
 
Failure of nokia
Failure of nokiaFailure of nokia
Failure of nokia
 
Presentation on nokia overall started
Presentation on nokia overall startedPresentation on nokia overall started
Presentation on nokia overall started
 
Nokia Pricing Strategy Case Study
Nokia Pricing Strategy Case StudyNokia Pricing Strategy Case Study
Nokia Pricing Strategy Case Study
 
Case study nokia
Case study nokiaCase study nokia
Case study nokia
 
Nokia Swot PESTLE Porter Five Forces
Nokia Swot PESTLE Porter Five ForcesNokia Swot PESTLE Porter Five Forces
Nokia Swot PESTLE Porter Five Forces
 
Failure of nokia
Failure of nokiaFailure of nokia
Failure of nokia
 
NOKIA’s Comeback: Rising from The Ashes
NOKIA’s Comeback: Rising from The AshesNOKIA’s Comeback: Rising from The Ashes
NOKIA’s Comeback: Rising from The Ashes
 

Destaque

Presentation on failure of nokia
Presentation on failure of nokiaPresentation on failure of nokia
Presentation on failure of nokiaabhishekthakur309
 
4 P's of NOKIA company
4 P's of NOKIA company 4 P's of NOKIA company
4 P's of NOKIA company Sumeet Patel
 
The rise and fall rise of nokia
The rise and fall  rise of nokiaThe rise and fall  rise of nokia
The rise and fall rise of nokiapalmyn
 
Nokia strategic management
Nokia strategic managementNokia strategic management
Nokia strategic managementchirag_shreesai
 
STP and MARKETING MIX OF NOKIA
STP and MARKETING MIX OF NOKIASTP and MARKETING MIX OF NOKIA
STP and MARKETING MIX OF NOKIAParitosh Singh
 
Distribution channel of Nokia in India
Distribution channel of Nokia in IndiaDistribution channel of Nokia in India
Distribution channel of Nokia in IndiaSanthosh Madheswaran
 
Nokia's downfall
Nokia's downfallNokia's downfall
Nokia's downfallnooramingad
 
Zain sustainabilityreportenglish
Zain sustainabilityreportenglishZain sustainabilityreportenglish
Zain sustainabilityreportenglishBusiness Management
 
sản phẩm nokia
sản phẩm nokiasản phẩm nokia
sản phẩm nokiaPhạm Liên
 
Zain International Group of Companies - Copy
Zain International Group of Companies - CopyZain International Group of Companies - Copy
Zain International Group of Companies - CopyIsmail Atshan
 
Zain annual-report-09-english-final-18-06-10
Zain annual-report-09-english-final-18-06-10Zain annual-report-09-english-final-18-06-10
Zain annual-report-09-english-final-18-06-10Business Management
 
Motorola digital strategy
Motorola digital strategyMotorola digital strategy
Motorola digital strategyPaige Partenio
 
OOH advertisement (an idea/Concept)
OOH advertisement (an idea/Concept)OOH advertisement (an idea/Concept)
OOH advertisement (an idea/Concept)Sabyasachee Biswal
 
Marketing metrics used in motorola company
Marketing metrics used in motorola companyMarketing metrics used in motorola company
Marketing metrics used in motorola companySahil Bakshi
 
Business Strategy Development in Zain Group: A Case Study
Business Strategy Development in Zain Group: A Case StudyBusiness Strategy Development in Zain Group: A Case Study
Business Strategy Development in Zain Group: A Case StudyAyat A. Saleh
 
Dell making inroads in india
Dell making inroads in indiaDell making inroads in india
Dell making inroads in indiaDhwani Ojha
 

Destaque (20)

Nokia Strategy Presentation
Nokia Strategy PresentationNokia Strategy Presentation
Nokia Strategy Presentation
 
Presentation on failure of nokia
Presentation on failure of nokiaPresentation on failure of nokia
Presentation on failure of nokia
 
Nokia
NokiaNokia
Nokia
 
4 P's of NOKIA company
4 P's of NOKIA company 4 P's of NOKIA company
4 P's of NOKIA company
 
The rise and fall rise of nokia
The rise and fall  rise of nokiaThe rise and fall  rise of nokia
The rise and fall rise of nokia
 
Rolex Marketing Case Study @ NSU
Rolex Marketing Case Study @ NSURolex Marketing Case Study @ NSU
Rolex Marketing Case Study @ NSU
 
Nokia strategic management
Nokia strategic managementNokia strategic management
Nokia strategic management
 
STP and MARKETING MIX OF NOKIA
STP and MARKETING MIX OF NOKIASTP and MARKETING MIX OF NOKIA
STP and MARKETING MIX OF NOKIA
 
Distribution channel of Nokia in India
Distribution channel of Nokia in IndiaDistribution channel of Nokia in India
Distribution channel of Nokia in India
 
Nokia's downfall
Nokia's downfallNokia's downfall
Nokia's downfall
 
Zain sustainabilityreportenglish
Zain sustainabilityreportenglishZain sustainabilityreportenglish
Zain sustainabilityreportenglish
 
sản phẩm nokia
sản phẩm nokiasản phẩm nokia
sản phẩm nokia
 
Zain International Group of Companies - Copy
Zain International Group of Companies - CopyZain International Group of Companies - Copy
Zain International Group of Companies - Copy
 
Zain annual-report-09-english-final-18-06-10
Zain annual-report-09-english-final-18-06-10Zain annual-report-09-english-final-18-06-10
Zain annual-report-09-english-final-18-06-10
 
Motorola digital strategy
Motorola digital strategyMotorola digital strategy
Motorola digital strategy
 
OOH advertisement (an idea/Concept)
OOH advertisement (an idea/Concept)OOH advertisement (an idea/Concept)
OOH advertisement (an idea/Concept)
 
Nokia
NokiaNokia
Nokia
 
Marketing metrics used in motorola company
Marketing metrics used in motorola companyMarketing metrics used in motorola company
Marketing metrics used in motorola company
 
Business Strategy Development in Zain Group: A Case Study
Business Strategy Development in Zain Group: A Case StudyBusiness Strategy Development in Zain Group: A Case Study
Business Strategy Development in Zain Group: A Case Study
 
Dell making inroads in india
Dell making inroads in indiaDell making inroads in india
Dell making inroads in india
 

Semelhante a Nokia marketing strategy

Semelhante a Nokia marketing strategy (20)

Why Nokia Failed
Why Nokia FailedWhy Nokia Failed
Why Nokia Failed
 
Product Life Cycle-Nokia Example[Krunal Saija]
Product Life Cycle-Nokia Example[Krunal Saija]Product Life Cycle-Nokia Example[Krunal Saija]
Product Life Cycle-Nokia Example[Krunal Saija]
 
Nokia and it's downfall
Nokia and it's downfallNokia and it's downfall
Nokia and it's downfall
 
The Rise and Fall of Nokia By by Juan Alcacer, Tarun Khanna and Christine Sni...
The Rise and Fall of Nokia By by Juan Alcacer, Tarun Khanna and Christine Sni...The Rise and Fall of Nokia By by Juan Alcacer, Tarun Khanna and Christine Sni...
The Rise and Fall of Nokia By by Juan Alcacer, Tarun Khanna and Christine Sni...
 
Nokia Beginning to End Story
Nokia Beginning to End Story Nokia Beginning to End Story
Nokia Beginning to End Story
 
Threats in a business environment: The rise and fall of Nokia
Threats in a business environment: The rise and fall of NokiaThreats in a business environment: The rise and fall of Nokia
Threats in a business environment: The rise and fall of Nokia
 
Nokia
Nokia Nokia
Nokia
 
Why nokia failed (1)
Why nokia failed (1)Why nokia failed (1)
Why nokia failed (1)
 
Nokia
NokiaNokia
Nokia
 
Nokia, Samsung, Micromax Devices
Nokia, Samsung, Micromax DevicesNokia, Samsung, Micromax Devices
Nokia, Samsung, Micromax Devices
 
Failureofnokiaresearchpaper 140422173728-phpapp02
Failureofnokiaresearchpaper 140422173728-phpapp02Failureofnokiaresearchpaper 140422173728-phpapp02
Failureofnokiaresearchpaper 140422173728-phpapp02
 
Nokia
Nokia Nokia
Nokia
 
Management
ManagementManagement
Management
 
Nokia Case Study
Nokia Case StudyNokia Case Study
Nokia Case Study
 
Rise and Fall of NOKIA - Presentation.pptx
Rise and Fall of NOKIA - Presentation.pptxRise and Fall of NOKIA - Presentation.pptx
Rise and Fall of NOKIA - Presentation.pptx
 
Noki̇a presentati̇on
Noki̇a presentati̇onNoki̇a presentati̇on
Noki̇a presentati̇on
 
Nokia
Nokia Nokia
Nokia
 
Nokia final
Nokia finalNokia final
Nokia final
 
238784 633884955717278750
238784 633884955717278750238784 633884955717278750
238784 633884955717278750
 
Nokia case study
Nokia case studyNokia case study
Nokia case study
 

Mais de Shivashakthi C

Firecrackers Business stratergy
Firecrackers Business stratergyFirecrackers Business stratergy
Firecrackers Business stratergyShivashakthi C
 
A study on Financial Performance of ICICI Bank with special reference to loan...
A study on Financial Performance of ICICI Bank with special reference to loan...A study on Financial Performance of ICICI Bank with special reference to loan...
A study on Financial Performance of ICICI Bank with special reference to loan...Shivashakthi C
 
Waste management in india
Waste management in indiaWaste management in india
Waste management in indiaShivashakthi C
 

Mais de Shivashakthi C (6)

Firecrackers Business stratergy
Firecrackers Business stratergyFirecrackers Business stratergy
Firecrackers Business stratergy
 
A study on Financial Performance of ICICI Bank with special reference to loan...
A study on Financial Performance of ICICI Bank with special reference to loan...A study on Financial Performance of ICICI Bank with special reference to loan...
A study on Financial Performance of ICICI Bank with special reference to loan...
 
Waste management in india
Waste management in indiaWaste management in india
Waste management in india
 
wine business plan
wine business planwine business plan
wine business plan
 
General Electrics
General ElectricsGeneral Electrics
General Electrics
 
Product life cycle
Product life cycleProduct life cycle
Product life cycle
 

Último

Monthly Social Media Update April 2024 pptx.pptx
Monthly Social Media Update April 2024 pptx.pptxMonthly Social Media Update April 2024 pptx.pptx
Monthly Social Media Update April 2024 pptx.pptxAndy Lambert
 
Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...
Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...
Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...anilsa9823
 
The Coffee Bean & Tea Leaf(CBTL), Business strategy case study
The Coffee Bean & Tea Leaf(CBTL), Business strategy case studyThe Coffee Bean & Tea Leaf(CBTL), Business strategy case study
The Coffee Bean & Tea Leaf(CBTL), Business strategy case studyEthan lee
 
VIP Call Girls In Saharaganj ( Lucknow ) 🔝 8923113531 🔝 Cash Payment (COD) 👒
VIP Call Girls In Saharaganj ( Lucknow  ) 🔝 8923113531 🔝  Cash Payment (COD) 👒VIP Call Girls In Saharaganj ( Lucknow  ) 🔝 8923113531 🔝  Cash Payment (COD) 👒
VIP Call Girls In Saharaganj ( Lucknow ) 🔝 8923113531 🔝 Cash Payment (COD) 👒anilsa9823
 
Monte Carlo simulation : Simulation using MCSM
Monte Carlo simulation : Simulation using MCSMMonte Carlo simulation : Simulation using MCSM
Monte Carlo simulation : Simulation using MCSMRavindra Nath Shukla
 
FULL ENJOY Call Girls In Mahipalpur Delhi Contact Us 8377877756
FULL ENJOY Call Girls In Mahipalpur Delhi Contact Us 8377877756FULL ENJOY Call Girls In Mahipalpur Delhi Contact Us 8377877756
FULL ENJOY Call Girls In Mahipalpur Delhi Contact Us 8377877756dollysharma2066
 
Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...
Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...
Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...Dave Litwiller
 
Boost the utilization of your HCL environment by reevaluating use cases and f...
Boost the utilization of your HCL environment by reevaluating use cases and f...Boost the utilization of your HCL environment by reevaluating use cases and f...
Boost the utilization of your HCL environment by reevaluating use cases and f...Roland Driesen
 
How to Get Started in Social Media for Art League City
How to Get Started in Social Media for Art League CityHow to Get Started in Social Media for Art League City
How to Get Started in Social Media for Art League CityEric T. Tung
 
Call Girls in Gomti Nagar - 7388211116 - With room Service
Call Girls in Gomti Nagar - 7388211116  - With room ServiceCall Girls in Gomti Nagar - 7388211116  - With room Service
Call Girls in Gomti Nagar - 7388211116 - With room Servicediscovermytutordmt
 
The Path to Product Excellence: Avoiding Common Pitfalls and Enhancing Commun...
The Path to Product Excellence: Avoiding Common Pitfalls and Enhancing Commun...The Path to Product Excellence: Avoiding Common Pitfalls and Enhancing Commun...
The Path to Product Excellence: Avoiding Common Pitfalls and Enhancing Commun...Aggregage
 
KYC-Verified Accounts: Helping Companies Handle Challenging Regulatory Enviro...
KYC-Verified Accounts: Helping Companies Handle Challenging Regulatory Enviro...KYC-Verified Accounts: Helping Companies Handle Challenging Regulatory Enviro...
KYC-Verified Accounts: Helping Companies Handle Challenging Regulatory Enviro...Any kyc Account
 
A DAY IN THE LIFE OF A SALESMAN / WOMAN
A DAY IN THE LIFE OF A  SALESMAN / WOMANA DAY IN THE LIFE OF A  SALESMAN / WOMAN
A DAY IN THE LIFE OF A SALESMAN / WOMANIlamathiKannappan
 
Regression analysis: Simple Linear Regression Multiple Linear Regression
Regression analysis:  Simple Linear Regression Multiple Linear RegressionRegression analysis:  Simple Linear Regression Multiple Linear Regression
Regression analysis: Simple Linear Regression Multiple Linear RegressionRavindra Nath Shukla
 
7.pdf This presentation captures many uses and the significance of the number...
7.pdf This presentation captures many uses and the significance of the number...7.pdf This presentation captures many uses and the significance of the number...
7.pdf This presentation captures many uses and the significance of the number...Paul Menig
 
Best VIP Call Girls Noida Sector 40 Call Me: 8448380779
Best VIP Call Girls Noida Sector 40 Call Me: 8448380779Best VIP Call Girls Noida Sector 40 Call Me: 8448380779
Best VIP Call Girls Noida Sector 40 Call Me: 8448380779Delhi Call girls
 
Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...
Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...
Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...Dipal Arora
 

Último (20)

Monthly Social Media Update April 2024 pptx.pptx
Monthly Social Media Update April 2024 pptx.pptxMonthly Social Media Update April 2024 pptx.pptx
Monthly Social Media Update April 2024 pptx.pptx
 
Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...
Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...
Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...
 
The Coffee Bean & Tea Leaf(CBTL), Business strategy case study
The Coffee Bean & Tea Leaf(CBTL), Business strategy case studyThe Coffee Bean & Tea Leaf(CBTL), Business strategy case study
The Coffee Bean & Tea Leaf(CBTL), Business strategy case study
 
VIP Call Girls In Saharaganj ( Lucknow ) 🔝 8923113531 🔝 Cash Payment (COD) 👒
VIP Call Girls In Saharaganj ( Lucknow  ) 🔝 8923113531 🔝  Cash Payment (COD) 👒VIP Call Girls In Saharaganj ( Lucknow  ) 🔝 8923113531 🔝  Cash Payment (COD) 👒
VIP Call Girls In Saharaganj ( Lucknow ) 🔝 8923113531 🔝 Cash Payment (COD) 👒
 
Monte Carlo simulation : Simulation using MCSM
Monte Carlo simulation : Simulation using MCSMMonte Carlo simulation : Simulation using MCSM
Monte Carlo simulation : Simulation using MCSM
 
FULL ENJOY Call Girls In Mahipalpur Delhi Contact Us 8377877756
FULL ENJOY Call Girls In Mahipalpur Delhi Contact Us 8377877756FULL ENJOY Call Girls In Mahipalpur Delhi Contact Us 8377877756
FULL ENJOY Call Girls In Mahipalpur Delhi Contact Us 8377877756
 
Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...
Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...
Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...
 
Boost the utilization of your HCL environment by reevaluating use cases and f...
Boost the utilization of your HCL environment by reevaluating use cases and f...Boost the utilization of your HCL environment by reevaluating use cases and f...
Boost the utilization of your HCL environment by reevaluating use cases and f...
 
unwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabi
unwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabiunwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabi
unwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabi
 
How to Get Started in Social Media for Art League City
How to Get Started in Social Media for Art League CityHow to Get Started in Social Media for Art League City
How to Get Started in Social Media for Art League City
 
Call Girls in Gomti Nagar - 7388211116 - With room Service
Call Girls in Gomti Nagar - 7388211116  - With room ServiceCall Girls in Gomti Nagar - 7388211116  - With room Service
Call Girls in Gomti Nagar - 7388211116 - With room Service
 
The Path to Product Excellence: Avoiding Common Pitfalls and Enhancing Commun...
The Path to Product Excellence: Avoiding Common Pitfalls and Enhancing Commun...The Path to Product Excellence: Avoiding Common Pitfalls and Enhancing Commun...
The Path to Product Excellence: Avoiding Common Pitfalls and Enhancing Commun...
 
KYC-Verified Accounts: Helping Companies Handle Challenging Regulatory Enviro...
KYC-Verified Accounts: Helping Companies Handle Challenging Regulatory Enviro...KYC-Verified Accounts: Helping Companies Handle Challenging Regulatory Enviro...
KYC-Verified Accounts: Helping Companies Handle Challenging Regulatory Enviro...
 
Forklift Operations: Safety through Cartoons
Forklift Operations: Safety through CartoonsForklift Operations: Safety through Cartoons
Forklift Operations: Safety through Cartoons
 
A DAY IN THE LIFE OF A SALESMAN / WOMAN
A DAY IN THE LIFE OF A  SALESMAN / WOMANA DAY IN THE LIFE OF A  SALESMAN / WOMAN
A DAY IN THE LIFE OF A SALESMAN / WOMAN
 
Regression analysis: Simple Linear Regression Multiple Linear Regression
Regression analysis:  Simple Linear Regression Multiple Linear RegressionRegression analysis:  Simple Linear Regression Multiple Linear Regression
Regression analysis: Simple Linear Regression Multiple Linear Regression
 
7.pdf This presentation captures many uses and the significance of the number...
7.pdf This presentation captures many uses and the significance of the number...7.pdf This presentation captures many uses and the significance of the number...
7.pdf This presentation captures many uses and the significance of the number...
 
Best VIP Call Girls Noida Sector 40 Call Me: 8448380779
Best VIP Call Girls Noida Sector 40 Call Me: 8448380779Best VIP Call Girls Noida Sector 40 Call Me: 8448380779
Best VIP Call Girls Noida Sector 40 Call Me: 8448380779
 
VVVIP Call Girls In Greater Kailash ➡️ Delhi ➡️ 9999965857 🚀 No Advance 24HRS...
VVVIP Call Girls In Greater Kailash ➡️ Delhi ➡️ 9999965857 🚀 No Advance 24HRS...VVVIP Call Girls In Greater Kailash ➡️ Delhi ➡️ 9999965857 🚀 No Advance 24HRS...
VVVIP Call Girls In Greater Kailash ➡️ Delhi ➡️ 9999965857 🚀 No Advance 24HRS...
 
Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...
Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...
Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...
 

Nokia marketing strategy

  • 2. HISTORY OF NOKIA : • Founded on 1871 and Nokia began with making paper • In 1898 founds the Finnish Rubber Works • In 1912 sets up the Finnish Cable Works • In 1963 starts developing radio telephones • by 1987 Nokia is the third largest TV manufacturer in Europe.
  • 3. The Mobile Era • Nokia in 1979 started radio telephone company Mobira Oy with Finnish TV maker Salora • in 1981 Nokia launched the Nordic Mobile Telephone (NMT) service • In 1984 Nokia launches the Mobira Talk man portable car phone • In 1987, GSM (Global System for Mobile communications) is adopted as the European standard for digital mobile technology.
  • 4. NOKIA IN NEW AGE: • In 1992, Nokia launches its first digital handheld GSM phone, the Nokia 1011. • In 1994, Nokia launches the 2100 series, the first phones to feature the Nokia Tune ringtone. • The Nokia 2100 series goes on to sell 20 million phones worldwide. Nokia’s target was 400,000. • By 1998, Nokia is the world leader in mobile phones.
  • 5. Competition… • While it was not totally unexpected, what caught Nokia off-guard is the rate at which competitors where innovating new technology.
  • 6. Competition…  Nokia primarily failed to innovate attractive technology and features.  Newer concepts such as User Experience and User Interface were being neglected.  Nokia was clinging onto Symbian OS for too long. It had reached its peak.
  • 7.
  • 8. Redrafting Strategies  In 2011, Nokia joined forces with Microsoft to strengthen its position in the smart phone market. • Under the leadership of the Stephen Elop, Nokia decided to stick to only and only Windows OS while Android was a free alternative. • Though Nokia is now reporting profits, it had lost its glory in the market it once dominated single-handedly.
  • 9. Redrafting Strategies  In September 2013, Nokia entered into an agreement with Microsoft whereby Microsoft would purchase substantially all Devices & Services.
  • 11. The Nokia House, Nokia's head office located by the Gulf of Finland in Keilaniemi, Espoo, was constructed between 1995 and 1997.
  • 12.
  • 13. What did Stephen Elop do wrong? • While the entire smartphone OS industry was evolving, manufacturers moved on and adopted various operating systems like Android, Windows, Bada, Meego, et cetera, Nokia decided to stick to Windows OS only. • As Android and iOS became more popular, Nokia and its windows phones failed to attract any attention.
  • 14. Mistakes that lead to Nokia Failure 1. Failure of Symbian OS 2. Wrong Deal with Windows 3. NOKIA Became Laggard in Smartphone Market 4. Losing Market Share on Both Ends 5. Failure to Implement the Right Umbrella Branding Strategy
  • 15. SWOT Strength • Brand name. • teaming up with Microsoft’s experts • higher re-sale value • easy to use • Price ranges Weakness •Poor after sales services. • Late comers to Smartphone market •Unaffordable for middle and lower class consumers
  • 16. Opportunities •Microsoft-Nokia deal •Opportunities to expand using Windows OS. Threats •Strong competition from other Smartphone companies •Low-cost threat from China mobile companies SWOT Cont...
  • 17. Conclusion  From Technology perspective, Nokia did not deliver as per expectations based on previous performance  From the Strategy perspective, though Nokia did eventually come up with nice lucrative products, it lost in the race against time due to poor strategies and sly competition.  From the organizational and people perspective, the new CEO’s attitude and competency proved to be fatal for the company.