SlideShare uma empresa Scribd logo
1 de 16
NOKIA 6630
A Product Development & Launch
             Case
           Presented by:-
           Shantanu Bera
           Mrityunjay Das
           Sadhana Devi
           Atindra kundu
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
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
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
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
 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
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.
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.
 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.
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
BCG Matrix of NOKIA

        N-Series, 3G   Premium Series
                       Question
          Stars
                        Mark




          Cash
                          Dogs
          Cows
         Entry
                         N-Gage
         Level
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.
Product Life Cycles:
mobilephones




Development   Typical life cycle
 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.
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
Nokia 6630 s

Mais conteúdo relacionado

Mais procurados

Organisation change in nokia
Organisation change in nokiaOrganisation change in nokia
Organisation change in nokiaRahul Jain
 
Relaunch of Nokia 3310 as Nokia-3310S (Smartphone Edition)
Relaunch of Nokia 3310 as Nokia-3310S (Smartphone Edition)Relaunch of Nokia 3310 as Nokia-3310S (Smartphone Edition)
Relaunch of Nokia 3310 as Nokia-3310S (Smartphone Edition)Eisha Salim
 
238784 633884955717278750
238784 633884955717278750238784 633884955717278750
238784 633884955717278750marytkachenko
 
Nokia product line management analysis - presentation
Nokia   product line management analysis - presentationNokia   product line management analysis - presentation
Nokia product line management analysis - presentationpugcidiots
 
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
 
Nokia's downfall
Nokia's downfallNokia's downfall
Nokia's downfallnooramingad
 
Swot Analysis of Nokia
Swot Analysis of NokiaSwot Analysis of Nokia
Swot Analysis of NokiaAayush Kar
 
Nokia - Business Enviroment Analysis
Nokia - Business Enviroment AnalysisNokia - Business Enviroment Analysis
Nokia - Business Enviroment AnalysisDarshan Singh
 
Nokia And The Global Mobile Phone Industry
Nokia And The Global Mobile Phone IndustryNokia And The Global Mobile Phone Industry
Nokia And The Global Mobile Phone Industrykcampbell01
 
Nokia smart phone brand relaunch
Nokia smart phone brand relaunchNokia smart phone brand relaunch
Nokia smart phone brand relaunchmarvellous123
 
Nokia Pricing Strategy Case Study
Nokia Pricing Strategy Case StudyNokia Pricing Strategy Case Study
Nokia Pricing Strategy Case StudyAgniva Sinha
 
Nokia product life cycle
Nokia product life cycleNokia product life cycle
Nokia product life cycleTasheen Sheikh
 
Situation analysis of nokia
Situation analysis of nokiaSituation analysis of nokia
Situation analysis of nokianomanalhasan
 
Nokia revitalization - Strategy to revitalize Nokia
Nokia revitalization - Strategy to revitalize NokiaNokia revitalization - Strategy to revitalize Nokia
Nokia revitalization - Strategy to revitalize NokiaVinit Gandhi
 
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)

Organisation change in nokia
Organisation change in nokiaOrganisation change in nokia
Organisation change in nokia
 
Nokia
NokiaNokia
Nokia
 
Nokia Strategic Views
Nokia Strategic ViewsNokia Strategic Views
Nokia Strategic Views
 
Relaunch of Nokia 3310 as Nokia-3310S (Smartphone Edition)
Relaunch of Nokia 3310 as Nokia-3310S (Smartphone Edition)Relaunch of Nokia 3310 as Nokia-3310S (Smartphone Edition)
Relaunch of Nokia 3310 as Nokia-3310S (Smartphone Edition)
 
238784 633884955717278750
238784 633884955717278750238784 633884955717278750
238784 633884955717278750
 
Nokia product line management analysis - presentation
Nokia   product line management analysis - presentationNokia   product line management analysis - presentation
Nokia product line management analysis - presentation
 
Failure of nokia
Failure of nokiaFailure of nokia
Failure of 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
 
Nokia's downfall
Nokia's downfallNokia's downfall
Nokia's downfall
 
Swot Analysis of Nokia
Swot Analysis of NokiaSwot Analysis of Nokia
Swot Analysis of Nokia
 
Nokia - Business Enviroment Analysis
Nokia - Business Enviroment AnalysisNokia - Business Enviroment Analysis
Nokia - Business Enviroment Analysis
 
Nokia And The Global Mobile Phone Industry
Nokia And The Global Mobile Phone IndustryNokia And The Global Mobile Phone Industry
Nokia And The Global Mobile Phone Industry
 
Nokia smart phone brand relaunch
Nokia smart phone brand relaunchNokia smart phone brand relaunch
Nokia smart phone brand relaunch
 
Nokia Pricing Strategy Case Study
Nokia Pricing Strategy Case StudyNokia Pricing Strategy Case Study
Nokia Pricing Strategy Case Study
 
Nokia product life cycle
Nokia product life cycleNokia product life cycle
Nokia product life cycle
 
Nokia
NokiaNokia
Nokia
 
Situation analysis of nokia
Situation analysis of nokiaSituation analysis of nokia
Situation analysis of nokia
 
Nokia revitalization - Strategy to revitalize Nokia
Nokia revitalization - Strategy to revitalize NokiaNokia revitalization - Strategy to revitalize Nokia
Nokia revitalization - Strategy to revitalize 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
 
Nokia latest
Nokia   latestNokia   latest
Nokia latest
 

Semelhante a Nokia 6630 s

PLC of Nokia and samsung ppt
 PLC of Nokia and samsung ppt PLC of Nokia and samsung ppt
PLC of Nokia and samsung pptanonymous
 
Nokia vs samsung
Nokia vs samsungNokia vs samsung
Nokia vs samsungSavita Doke
 
238784 633884955717278750
238784 633884955717278750238784 633884955717278750
238784 633884955717278750Furkan Pehlivan
 
PLC analysis of Nokia and Samsung
PLC analysis of Nokia and SamsungPLC analysis of Nokia and Samsung
PLC analysis of Nokia and SamsungMehul Rasadiya
 
Nokia case study
Nokia case studyNokia case study
Nokia case studyFinOnseT
 
Samsung Mobile Competitor' s Analysis
Samsung Mobile Competitor' s AnalysisSamsung Mobile Competitor' s Analysis
Samsung Mobile Competitor' s Analysisgaurav
 
vikas PPT hjgfhbggggggggggggggggggggggggggggggggggg
vikas PPT hjgfhbgggggggggggggggggggggggggggggggggggvikas PPT hjgfhbggggggggggggggggggggggggggggggggggg
vikas PPT hjgfhbgggggggggggggggggggggggggggggggggggpradeepkumarkn64
 
16945092 nokia-project
16945092 nokia-project16945092 nokia-project
16945092 nokia-projectRanjeet Kumar
 
Nokia- Business Environment Analysis
Nokia- Business Environment AnalysisNokia- Business Environment Analysis
Nokia- Business Environment AnalysisAnkur Bhatia
 
PRODUCT LIFE CYCLE
PRODUCT LIFE CYCLEPRODUCT LIFE CYCLE
PRODUCT LIFE CYCLErampal singh
 
Nokia fall down
Nokia fall downNokia fall down
Nokia fall downSoni Singh
 

Semelhante a Nokia 6630 s (20)

PLC of Nokia and samsung ppt
 PLC of Nokia and samsung ppt PLC of Nokia and samsung ppt
PLC of Nokia and samsung ppt
 
Nokia vs samsung
Nokia vs samsungNokia vs samsung
Nokia vs samsung
 
Nokia
NokiaNokia
Nokia
 
238784 633884955717278750
238784 633884955717278750238784 633884955717278750
238784 633884955717278750
 
PLC analysis of Nokia and Samsung
PLC analysis of Nokia and SamsungPLC analysis of Nokia and Samsung
PLC analysis of Nokia and Samsung
 
Nokia case study
Nokia case studyNokia case study
Nokia case study
 
Brand audit nokia
Brand audit nokiaBrand audit nokia
Brand audit nokia
 
Nokia 6630
Nokia 6630Nokia 6630
Nokia 6630
 
Samsung Mobile Competitor' s Analysis
Samsung Mobile Competitor' s AnalysisSamsung Mobile Competitor' s Analysis
Samsung Mobile Competitor' s Analysis
 
vikas PPT hjgfhbggggggggggggggggggggggggggggggggggg
vikas PPT hjgfhbgggggggggggggggggggggggggggggggggggvikas PPT hjgfhbggggggggggggggggggggggggggggggggggg
vikas PPT hjgfhbggggggggggggggggggggggggggggggggggg
 
16945092 nokia-project
16945092 nokia-project16945092 nokia-project
16945092 nokia-project
 
Nokia brand-audit
Nokia brand-auditNokia brand-audit
Nokia brand-audit
 
Brand dossier - Nokia
Brand dossier - NokiaBrand dossier - Nokia
Brand dossier - Nokia
 
Nokia- Business Environment Analysis
Nokia- Business Environment AnalysisNokia- Business Environment Analysis
Nokia- Business Environment Analysis
 
Nokia
NokiaNokia
Nokia
 
PRODUCT LIFE CYCLE
PRODUCT LIFE CYCLEPRODUCT LIFE CYCLE
PRODUCT LIFE CYCLE
 
Research repor tfinal
Research repor tfinalResearch repor tfinal
Research repor tfinal
 
Research repor tfinal
Research repor tfinalResearch repor tfinal
Research repor tfinal
 
Nokia
Nokia Nokia
Nokia
 
Nokia fall down
Nokia fall downNokia fall down
Nokia fall down
 

Último

Solving Puzzles Benefits Everyone (English).pptx
Solving Puzzles Benefits Everyone (English).pptxSolving Puzzles Benefits Everyone (English).pptx
Solving Puzzles Benefits Everyone (English).pptxOH TEIK BIN
 
“Oh GOSH! Reflecting on Hackteria's Collaborative Practices in a Global Do-It...
“Oh GOSH! Reflecting on Hackteria's Collaborative Practices in a Global Do-It...“Oh GOSH! Reflecting on Hackteria's Collaborative Practices in a Global Do-It...
“Oh GOSH! Reflecting on Hackteria's Collaborative Practices in a Global Do-It...Marc Dusseiller Dusjagr
 
microwave assisted reaction. General introduction
microwave assisted reaction. General introductionmicrowave assisted reaction. General introduction
microwave assisted reaction. General introductionMaksud Ahmed
 
Hybridoma Technology ( Production , Purification , and Application )
Hybridoma Technology  ( Production , Purification , and Application  ) Hybridoma Technology  ( Production , Purification , and Application  )
Hybridoma Technology ( Production , Purification , and Application ) Sakshi Ghasle
 
Concept of Vouching. B.Com(Hons) /B.Compdf
Concept of Vouching. B.Com(Hons) /B.CompdfConcept of Vouching. B.Com(Hons) /B.Compdf
Concept of Vouching. B.Com(Hons) /B.CompdfUmakantAnnand
 
18-04-UA_REPORT_MEDIALITERAСY_INDEX-DM_23-1-final-eng.pdf
18-04-UA_REPORT_MEDIALITERAСY_INDEX-DM_23-1-final-eng.pdf18-04-UA_REPORT_MEDIALITERAСY_INDEX-DM_23-1-final-eng.pdf
18-04-UA_REPORT_MEDIALITERAСY_INDEX-DM_23-1-final-eng.pdfssuser54595a
 
Introduction to AI in Higher Education_draft.pptx
Introduction to AI in Higher Education_draft.pptxIntroduction to AI in Higher Education_draft.pptx
Introduction to AI in Higher Education_draft.pptxpboyjonauth
 
SOCIAL AND HISTORICAL CONTEXT - LFTVD.pptx
SOCIAL AND HISTORICAL CONTEXT - LFTVD.pptxSOCIAL AND HISTORICAL CONTEXT - LFTVD.pptx
SOCIAL AND HISTORICAL CONTEXT - LFTVD.pptxiammrhaywood
 
CARE OF CHILD IN INCUBATOR..........pptx
CARE OF CHILD IN INCUBATOR..........pptxCARE OF CHILD IN INCUBATOR..........pptx
CARE OF CHILD IN INCUBATOR..........pptxGaneshChakor2
 
Crayon Activity Handout For the Crayon A
Crayon Activity Handout For the Crayon ACrayon Activity Handout For the Crayon A
Crayon Activity Handout For the Crayon AUnboundStockton
 
Employee wellbeing at the workplace.pptx
Employee wellbeing at the workplace.pptxEmployee wellbeing at the workplace.pptx
Employee wellbeing at the workplace.pptxNirmalaLoungPoorunde1
 
Separation of Lanthanides/ Lanthanides and Actinides
Separation of Lanthanides/ Lanthanides and ActinidesSeparation of Lanthanides/ Lanthanides and Actinides
Separation of Lanthanides/ Lanthanides and ActinidesFatimaKhan178732
 
Accessible design: Minimum effort, maximum impact
Accessible design: Minimum effort, maximum impactAccessible design: Minimum effort, maximum impact
Accessible design: Minimum effort, maximum impactdawncurless
 
Contemporary philippine arts from the regions_PPT_Module_12 [Autosaved] (1).pptx
Contemporary philippine arts from the regions_PPT_Module_12 [Autosaved] (1).pptxContemporary philippine arts from the regions_PPT_Module_12 [Autosaved] (1).pptx
Contemporary philippine arts from the regions_PPT_Module_12 [Autosaved] (1).pptxRoyAbrique
 
Arihant handbook biology for class 11 .pdf
Arihant handbook biology for class 11 .pdfArihant handbook biology for class 11 .pdf
Arihant handbook biology for class 11 .pdfchloefrazer622
 
The Most Excellent Way | 1 Corinthians 13
The Most Excellent Way | 1 Corinthians 13The Most Excellent Way | 1 Corinthians 13
The Most Excellent Way | 1 Corinthians 13Steve Thomason
 
mini mental status format.docx
mini    mental       status     format.docxmini    mental       status     format.docx
mini mental status format.docxPoojaSen20
 
_Math 4-Q4 Week 5.pptx Steps in Collecting Data
_Math 4-Q4 Week 5.pptx Steps in Collecting Data_Math 4-Q4 Week 5.pptx Steps in Collecting Data
_Math 4-Q4 Week 5.pptx Steps in Collecting DataJhengPantaleon
 
The basics of sentences session 2pptx copy.pptx
The basics of sentences session 2pptx copy.pptxThe basics of sentences session 2pptx copy.pptx
The basics of sentences session 2pptx copy.pptxheathfieldcps1
 

Último (20)

Solving Puzzles Benefits Everyone (English).pptx
Solving Puzzles Benefits Everyone (English).pptxSolving Puzzles Benefits Everyone (English).pptx
Solving Puzzles Benefits Everyone (English).pptx
 
“Oh GOSH! Reflecting on Hackteria's Collaborative Practices in a Global Do-It...
“Oh GOSH! Reflecting on Hackteria's Collaborative Practices in a Global Do-It...“Oh GOSH! Reflecting on Hackteria's Collaborative Practices in a Global Do-It...
“Oh GOSH! Reflecting on Hackteria's Collaborative Practices in a Global Do-It...
 
microwave assisted reaction. General introduction
microwave assisted reaction. General introductionmicrowave assisted reaction. General introduction
microwave assisted reaction. General introduction
 
TataKelola dan KamSiber Kecerdasan Buatan v022.pdf
TataKelola dan KamSiber Kecerdasan Buatan v022.pdfTataKelola dan KamSiber Kecerdasan Buatan v022.pdf
TataKelola dan KamSiber Kecerdasan Buatan v022.pdf
 
Hybridoma Technology ( Production , Purification , and Application )
Hybridoma Technology  ( Production , Purification , and Application  ) Hybridoma Technology  ( Production , Purification , and Application  )
Hybridoma Technology ( Production , Purification , and Application )
 
Concept of Vouching. B.Com(Hons) /B.Compdf
Concept of Vouching. B.Com(Hons) /B.CompdfConcept of Vouching. B.Com(Hons) /B.Compdf
Concept of Vouching. B.Com(Hons) /B.Compdf
 
18-04-UA_REPORT_MEDIALITERAСY_INDEX-DM_23-1-final-eng.pdf
18-04-UA_REPORT_MEDIALITERAСY_INDEX-DM_23-1-final-eng.pdf18-04-UA_REPORT_MEDIALITERAСY_INDEX-DM_23-1-final-eng.pdf
18-04-UA_REPORT_MEDIALITERAСY_INDEX-DM_23-1-final-eng.pdf
 
Introduction to AI in Higher Education_draft.pptx
Introduction to AI in Higher Education_draft.pptxIntroduction to AI in Higher Education_draft.pptx
Introduction to AI in Higher Education_draft.pptx
 
SOCIAL AND HISTORICAL CONTEXT - LFTVD.pptx
SOCIAL AND HISTORICAL CONTEXT - LFTVD.pptxSOCIAL AND HISTORICAL CONTEXT - LFTVD.pptx
SOCIAL AND HISTORICAL CONTEXT - LFTVD.pptx
 
CARE OF CHILD IN INCUBATOR..........pptx
CARE OF CHILD IN INCUBATOR..........pptxCARE OF CHILD IN INCUBATOR..........pptx
CARE OF CHILD IN INCUBATOR..........pptx
 
Crayon Activity Handout For the Crayon A
Crayon Activity Handout For the Crayon ACrayon Activity Handout For the Crayon A
Crayon Activity Handout For the Crayon A
 
Employee wellbeing at the workplace.pptx
Employee wellbeing at the workplace.pptxEmployee wellbeing at the workplace.pptx
Employee wellbeing at the workplace.pptx
 
Separation of Lanthanides/ Lanthanides and Actinides
Separation of Lanthanides/ Lanthanides and ActinidesSeparation of Lanthanides/ Lanthanides and Actinides
Separation of Lanthanides/ Lanthanides and Actinides
 
Accessible design: Minimum effort, maximum impact
Accessible design: Minimum effort, maximum impactAccessible design: Minimum effort, maximum impact
Accessible design: Minimum effort, maximum impact
 
Contemporary philippine arts from the regions_PPT_Module_12 [Autosaved] (1).pptx
Contemporary philippine arts from the regions_PPT_Module_12 [Autosaved] (1).pptxContemporary philippine arts from the regions_PPT_Module_12 [Autosaved] (1).pptx
Contemporary philippine arts from the regions_PPT_Module_12 [Autosaved] (1).pptx
 
Arihant handbook biology for class 11 .pdf
Arihant handbook biology for class 11 .pdfArihant handbook biology for class 11 .pdf
Arihant handbook biology for class 11 .pdf
 
The Most Excellent Way | 1 Corinthians 13
The Most Excellent Way | 1 Corinthians 13The Most Excellent Way | 1 Corinthians 13
The Most Excellent Way | 1 Corinthians 13
 
mini mental status format.docx
mini    mental       status     format.docxmini    mental       status     format.docx
mini mental status format.docx
 
_Math 4-Q4 Week 5.pptx Steps in Collecting Data
_Math 4-Q4 Week 5.pptx Steps in Collecting Data_Math 4-Q4 Week 5.pptx Steps in Collecting Data
_Math 4-Q4 Week 5.pptx Steps in Collecting Data
 
The basics of sentences session 2pptx copy.pptx
The basics of sentences session 2pptx copy.pptxThe basics of sentences session 2pptx copy.pptx
The basics of sentences session 2pptx copy.pptx
 

Nokia 6630 s

  • 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