This document provides an analysis of Huawei's marketing strategies, including its product offerings, target consumers, and market trends. It also discusses the company's current marketing mix and provides recommendations for improvement.
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Running head: HUAWEI MARKETING ANALYSIS HUAWEI MARKETING ANALYSIS Name of the Student Name of the University Author Note
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1HUAWEI MARKETING ANALYSIS Introduction Company Huawei is one of the leading global information and communications device and infrastructure providers. The company also specializes in the production of ICT infrastructure and smart communications devices. The end to end product offerings of the company are effective in terms of security and competitive advantage. The company collaborates openly with its ecosystem partners to provide value added products to the customers. Product The company sells electronic products the focus is on smartphones, tablets, routers and other digital accessories. The focus is always towards empowering people. Huawei focuses on enriching lives of people whether at homes, workplaces or any other environments (Jacobson, 2015). The company is always focused on inspiring innovation within organizations of varying shapes and sizes. Huawei is a well-recognized brand name globally and is constantly striving towards optimizing its global market position. Consumer Two sets of consumer details can be given for detailed analysis. One is Mark, the other is Christine. Mark Demographic
2HUAWEI MARKETING ANALYSIS Mark is Australian, a worker of Huawei IT as an analyst. Mark lives in Melbourne in an apartment. His average income is 80000 Dollars per year. Mark is married, he is 32 years of age. He has a nuclear family. He has completed masters in communication systems. Behavioral Mark is passionate as a person. He works out for 4 days. He likes to play sports on Saturdays, especially Cricket. He spends heavily on his lifestyle. However, lack of essential nutrients were found to be missing. Psychographic Mark is conservative, has a groups of friends, he focuses on self-esteem, reads newspapers and is addicted to social media. Christine Demographic Christine is Australian. She is a manager in the recruitment company called Hays. She lives in Perth. Her average income is 74000 Dollars per year. Her marital status is unmarried. She has a degree in arts and culture Behavioral She is energetic and active in her behavior. She is a practicing dancer and singer. She checks with medical checkups regularly. She has not endured any significant health problems. Psychographic
3HUAWEI MARKETING ANALYSIS She is very socially aware. She is innovative and a hard worker. She is greatly interested in singing and dancing. Huawei can be able to attain highest yearly increase in sales among the other leading vendors. The company has to improve the brand portfolio. The company should focus on being self- branded. Huawei has to consider the factors that are most significantly provided by the products of competitors. The marketing areas are given in terms of time and space. Current marketing mix ProductThe product that is being focused is the Huawei smartphone brand PriceThe high end phones are process around 760-846 AUD
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4HUAWEI MARKETING ANALYSIS The middle end smartphones are priced around 540-700 AUD PlaceThe places that are mostly focused are the Urban and Suburban areas. PromotionPromotionalaspectsarenormally multichanneladvertisements,social mediaadvertisements,displaybanners and posters and showroom sales. PeopleMostlytargetedattheUrbanand Suburban youth. Some of the phones are more targeted towards the middle aged people.The segmentation serves specific purposes.Thenarrowingdownofthe targetmarkethelpstomakethe placement of the product even better. The narrowlydefinedmarketscanthenbe reached to serve the various target groups
5HUAWEI MARKETING ANALYSIS ofpeople.Thisprocessofeffective customer identification helps in the better advertisingandmarketreachofthe products. The products can be advertised andpromotedinaccordancewiththe needsanddemandsofthetarget audiences. The most important variables fortheprocessaresegmentation, targeting and positioning. ProcessesDemographicsegmentationisthe normallyusedprocess.Thishelpsto reach the major publics. Physical evidenceThe phone provides some of the latest features of android technology. The latest version of android is provided. Market trends
6HUAWEI MARKETING ANALYSIS PESTAnalysis SituationImpact PoliticalThepoliticalconditionsare stablewithamplescopefor growthanddevelopmentof businesses. Huaweiwillnothaveany significant political barriers. EconomicTheeconomyiswitnessing effectivegrowth.Thereis significantgrowthinthe smartphone market. The company can take advantage of the stable economic position by launchinghighendphones that can be sold easily SocialThereare19.3Million smartphone users in Australia. 10.3 million Android users. Huaweiisamongthepreferred brandoftheAustralianpeople. Honor has a good reputation. TechnologicalTechnologically Australia has a goodfoundation.ManyIT organizations are located in the country. Thetechnologicalfoundationof Australiacanbeusedtowards improving the product offering. Corporate Social Responsibility
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7HUAWEI MARKETING ANALYSIS The company takes part in many CSR activities for both the employees and the general publics.CSRactivitieshavebecomeveryimportantfunctionalareasoflarge organization.Largesmartphonemanufacturershavecreatedrelieffunds,children welfare and other activities. This is a significant area to address for Huawei. Environmental issues The major environmental issues that are affecting the organization are in relation to the materials used for manufacturing the phones. The companies are looking forwards to reducing wastage and utilization of superior materials that are not environmentally hazardous. The company has to improve the brand portfolio. The company should focus on being self-branded. Huawei has to consider the factors that are most significantly provided by the products of competitors. The marketing areas are given in terms of time and space. Ethicsand diversity Ethical consideration have become very important for various organizations. Smartphones are used by culturally diverse people all across the world. Hence, these aspects are given much more importance. Huawei are looking forwatd to recruit people from diverse cultures to understand all culturalperspectiveandimproveworkplacediversity.Ethicalstandardsareimportantas organization are looking forwards to making phones that make the data of the users more secure. The theoretical concepts that are connected with the development of the target market. There are various sets of customers that the business focuses on serving. The targeting strategy is the next step in achieving the goals after effectively segmenting the market. It completes the marketing targeting by essentially observing the individual segment.
8HUAWEI MARKETING ANALYSIS Recommendations Product In management category the ratings of Lenovo and Huawei were found to be 4 each. In all it was found that Lenovo and Huawei were marginally competitive and Huawei can tackle the competition from Lenovo by effective means. The product needs to be improved to cater to the newer requirements of the consumer base. Price Huawei in the medium quality high price section. The closest competitor of the organization is seen to be Lenovo and Blackberry as per the map. A distant but significant competitor of the organization is Apple.The company has to create a pricing strategy that can help to attract the low end mobile consumers. Place The urban and sub-urban customer bases are already targeted. However, it now becomes important to target the rural populations of Australia as well. The various smaller townships of the country are important markets. Promotion The promotional activities can be improved through social media advertising. Moreover, these processes can be effectively utilized for the benefit of the organization. The promotion needs to be more futuristic and utility oriented to tackle competition from Apple. Processes
9HUAWEI MARKETING ANALYSIS The processes are good but have to be made more effective through the utilization of better technological factors. Physical evidence The physical features need to be optimized as per the requirements of the new consumers. The features need to incorporate the optimization aspects. The phone needs to be made optimally connectable to various other devices. People Multicultural strategy needs to be undertaken. The company would need to apply a more culturally neutral. The organization needs to cater to more people. Conclusion In conclusion it can be said that the marketing activities that have been done by the organization can enhance its product enhancement capabilities. Lenovo should be considered the immediate competitor whereas, Apple should be considered as the long term competitor. The company would need to perform as per the expectation that the customer base has from it. It is important to be able to cater to a larger number of people. References Jacobson,A.(2015).MarketingAlaskanSeafood:StrategieswithBrandIdentification, Differentiation, and Promotions.
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10HUAWEI MARKETING ANALYSIS Steenkamp, J. B. (2017).Global brand strategy: World-wise marketing in the age of branding. Springer. Sun, M., Ding, B., & Zhou, W. (2016, November). Smart phone market-brand preference analysis (Huawei as an example). In2016 1st International Symposium on Business Cooperation and Development. Atlantis Press.