2. CONTENT
ABOUT COMPANY
OBJECTIVES
MISSION AND VISION
MARKETING STRATEGY
SWOT ANALYSIS
CONCLUSION
3. ABOUT THE COMPANY:
Samsung was founded by Lee Byung-chul in 1938 as a trading company.
Samsung Electronics was founded in 1969 in Suwon City South Korea.
4. The Objective of Company:
The main objective of Samsung Company is to sell quality products to
customer interested in purchasing.
6. VISION
This new vision reflects Samsung Electronics’
commitment to inspiring its communities by
leveraging Samsung's three key strengths: “New
Technology,” “Innovative Products,” and “Creative
Solutions.” -- and to promoting new value for
Samsung's core networks -- Industry, Partners, and
Employees. Through these efforts, Samsung hopes to
contribute to a better world and a richer experience
for all.
7. Marketing Strategy:
The Company uses 4 marketing mix in their marketing strategies:
Products in the marketing mix of Samsung.
Price in the marketing mix of Samsung.
Place in the marketing mix of Samsung.
Promotion of the marketing mix of Samsung.
8. Products in the marketing mix of Samsung:
Tablets
Mobile Phones
Smartphones
Normal Phone
Television
Camera
Refrigerator
Air Conditioner
Laptop etc.
9. Price in the marketing mix of Samsung:
Because of its presence in deferent product categories
Samsung uses various pricing strategy. Samsung Company
follows Skimming the price and Competitive policy in the
marketing mix.
10. Place in the marketing mix of Samsung:
Samsung is present through various channels in the market.
It works on the channel marketing concept wherein there
are three segments such as sales and service dealers,
modern retail, and distributors.
11. Promotion of the marketing mix of Samsung:
Samsung uses multiple forms of promotion and tactics to
attracting the customers to themselves through advertising
and other sales promotions.
12. CHALLENGES
Samsung high-end flagship product galaxy S6 fails to earn
the desired revenue.
Company intensified from chinese handset makes who are
offering similar technology at lower price.
14. STRENGTH
Samsung has strong manufacturing and marketing capabilities.
Samsung has impressive research and design capabilities.
Samsung is the world’s number one marketer of mobile phones with 21.4% of
the world’s largest market share.
WEAKNESS
Huge investment on Research & Development..
Focus on mass market instead of niche market..
15. OPPORTUNITIES
Increasing on electronics consumer market
Strong customer demand for innovative products &
value-added features
High % of Younger population, which can be expand a
new market now and in the future.
THREATS
Apple’s reputation for quality, reliability and
sophistication seems to be growing.
Apple could enter more consumer products areas
such as home appliances and cameras and directly
compete with Samsung in those markets.
16. Conclusion:
It is very clear that mission and vision policy, marketing strategies,
technological updates and research and development are the key
features for the progress of a company.