1. NOKIA 6630
A Product Development & Launch
Case
Presented by:-
Shantanu Bera
Mrityunjay Das
Sadhana Devi
Atindra kundu
2. Nokia in Brief
• Nokia's roots go back to 1865, when the Nokia
wood-pulp mill was founded. In 1967, upon the
merger of three separate companies.
• Mobile revolution 1992-1999
• 1992 Jorma Ollila becomes CEO of Nokia
(access to international finance markets)
• 1994: World’s first satellite call made using a
Nokia GSM handset
• 1998 Nokia becomes the leader in mobile
phones
3. Competitive Strategy
Increase distribution channel
Adjust preferences for specific market
Aggressive Pricing
1) for middle income group Penetrating pricing
strategy
2) For upper income group Skimming Pricing
strategy.
Promotion Strategy
4. Cont:
Technological differences between the
competitor's are minimal so they all compete
mainly on price and specially on design
innovation.
So all of them adopted price cut strategy and
renewal throughout the product portfolio.
To combat competition Nokia implemented world
wide low price strategy for most of his product
portfolio.
In 2003 Nokia introduce 40 new Models on all
product portfolio to gain leadership
5. Competitive Strategy cont:
Changed its structure from 3 business groups:
Mobile phones, Networks and Enterprise solution
to 4 business groups so as the Mobile phones
was divided into Mobile phones and Multimedia.
Constant innovation
Separate department for Mobile phones and
Multi-media
Using advanced features and applications that its
rivals does not have.
First to introduce Imaging, games, Entertainment,
Media as Mobile features
6. Nokia uses a pricing strategy that best suits the
product.
Market Penetration- Entry level mobile like Nokia
1100.
Market Skimming- Premium series like Nokia
6630(3G)
Hence, The Strategy which was used for N-Series
& E-Series, 3G series was Market Skimming.
Most user friendly mobiles phones compared to
its competitors.
Huge investments in promotions
7. Current and Future threats
Threats from China mobile phones which are
giving many features in a single phone
China mobile made copy of Nokia
Orange, Vodafone and 02 and many others
operators are globally selling their run brands of
phone.
High imports Charges.
8. Positioning
Yes Nokia was clear in their positioning strategy
Entry Level( Rs 2500-6000): Nokia targeted low
income people and first time mobile buyers in the
series.
Classic series 40 and 60 (Rs 7000-17000): Nokia
targeted decent people in this series. These sets
includes are 6300, 6233, 6120 etc.
N-Gage Series (Rs 8000-16000):Nokia Targeted
game includes like play station, PSP, Xbox etc.
9. Xpress music (Rs 13000-35000): In this series
music lovers are targeted sets are 5220,
5310,9800 etc.
N-Series, E-series, 3G: New generation people
and premium seekers sets like 6630, N70, N73,
N95, E51, E66.
10. Product life cycle of NOKIA
Maturity
Nokia Symbian
& N- Series, 3G
Decline
Nokia 30 & 40 Series
Growth Sales curve
Nokia E- series,
Introduction
The Concept Phones
Time
11. BCG Matrix of NOKIA
N-Series, 3G Premium Series
Question
Stars
Mark
Cash
Dogs
Cows
Entry
N-Gage
Level
12. New product Development
Market share and Sales were declining, this
emphasizes on NPD strategy
The stiff competition is given by especially
Samsung, LG, sony.
Other players are providing better mobile phones
that too at cheaper rate and People who are price
sensitive switch over to cheaper mobiles, since
switching cost is low.
Bargaining power of the buyer is high, so
constant innovation and product development is
necessary.
Product Life cycle shows decline in nokia, so for
product extension New Product development is
required.
14. Like Nokia developed a totally New product, a 3g set
Nokia 6630.
An innovative 3g set with always-connected
Internet,mobile broadband access to multimedia
contents, living video streaming and video
conferencing.
Nokia 6630 is the only 3G phone introduced to date
that is designed to work on 3G, EDGE and 2G
networks around the world.
view important documents in formats like Microsoft
Word and PowerPoint while being away from the
office.
considered an effective substitute for a normal mobile
phone, a PDA, a digital camera, and more.
Introducing phones with flash light for rural india.
15. Future suggestions
Nokia is doing its business at its best but
due to its recent downfall in its brand image
has coaused Nokia to loose its market
share.
Nokia should focus more and more on
Promotion and regaining its image back.
Constant innovation required regarding:
1. Design
2. Price
3. Service offering