This report discusses the key marketing concepts and their effectiveness using iPhone 11 as an example. It also compares Marketing Orientation and Societal Marketing Orientation. The report provides recommendations for Apple Inc. to enhance the effectiveness of their product.
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Marketing Principles and Practise
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Table of Contents Contents MAIN BODY...................................................................................................................................4 1. Define the key marketing concepts and comment on their effectiveness using iPhone 11 as an example..............................................................................................................................4 2. Compare with Marketing Orientation and Societal Marketing Orientation.......................5 RECOMMENDATION:.........................................................................................................6 CONCLUSION................................................................................................................................7 REFERENCES................................................................................................................................1
INTRODUCTION Marketing practise is consists about distributing, selling and manufacturing of product and services with having objective to enhancing awareness in market as well as to attract customer in more amount (Adi and Adawiyah., 2018.). In this report, organisation is been considered Apple company, where they planning to introduce iPhone 11 to investigate market for it to pitch the product in systematic manner. Further in this report topics are covering about marketing related concept and having marketing activities related with promotional and selling of Apple product in digital market. MAIN BODY 1. Define the key marketing concepts and comment on their effectiveness using iPhone 11 as an example. Marketing Management Orientation Overview of Marketing. The marketing concept is encompass to identifying consumer needs and wants along with manufacturing product in terms of goods and services. To enhance creativity or ideas can bring more growth which also satisfy customer as well as profit (Ćoris. and et. al., 2020.). Similarly, in Apple company their marketing team is scrutinize new vision to introduce Apple iPhone 11 in market which attract more customer. Through considering effective market promotion practise some following points are elaborates in below: Product Orientation: It defines about product objectives which more focuses to attain needs and wants of customer rather than procure as many product as possible in proficient or efficient manner. It main objective to what customer demanded from a particular product and services. This process helps to Apple iPhone 11, as it exceptional and unique concept of mobile technology with premium type product and Apple need to set their benchmark to which accomplish to meet people expectations and satisfied them effectively. Production Orientation: This explains about production related process which determines on manufacturing, this strategystatswhencompanystartsproduceproductwithinhighqualityspecificationas
additional traits which makes product unique and without any concerned towards customer demand point of view (Bozkurt., 2019). By approaching this segmentation from Apple iPhone 11 can setting more standards of quality increased or they aware about customer buying behaviour and not making thepriority. Apple assure that their existing and upcoming product like iPhone would meet the customer expectation as well as standards in terms of quality, price, durability and not having worry about that weather product will get succeed or not appropriate. Sales Orientation: This orientation is related business approach which having influence to improving sales of particular company’s product or services without taking the actual needs with customer into their deep consideration. This strategy utilise by any business firm enhance when manufacturing of product and service in effective manner and convince to people to buy without first considering that what customer actually wants (Gunarathne., 2016). Similarly, Apple iPhone 11 can also implies their product to approach by customer to purchase where they tries to inputs some extra features that helps to retain more people as well as productive will also generates. 2. Compare with Marketing Orientation and Societal Marketing Orientation. Marketing Orientation:As this term understands about basic fundamental of marketing presumes while enhancing product and services to identifying target customer which is one of most important priority towards business goals of owner, but managers of marketing measure and implement strategy to scrutinize ways to approach buyers in aspect of long time. As in perspective of Apple iPhone 11, if they approach to this orientation where they need to work on evaluating their target audience where they can pitch the product effectively (Parveen, Jaafar and Ainin, 2016). But Apple marketing team has been already successfully targeted and hold their customer, where the trust factor is more enables between product and people’s expectations. Societal Marketing Orientation:In this process it encompasses on social responsibility along to suggests which is sustain towards long term success where the company must develop or design proficient strategy. The formation of strategy provides optimum values towards customer to maintaining as well as develop healthy relationship in society aspects through better than competitors. Through Apple company ensures their product develop a relation between people to people and contributing positive benefits to particular society.
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Furthermore,Societal Marketing Orientation also develop beyond the conflicts between individual customer that enhance to deliver short term needs to run the society for long term. Evaluation: Through both Orientation, for Apple iPhone 11 must follow the better understanding of Marketing Orientation which helps to guide in systematic and productive way to analyse market as well as investigating target audience (Liu and Huang., 2020). Along with, needs of digital market in terms of gadgets and new advancement of technology applies for setting new benchmark for competitors by Apple as their specifications are more advanced than such iOS processor, internal storage, Camera, sound, artificial features blows customer mind and convince to buy. But due to high price Apple having positive and negative aspects such as easily approach target customer and most of people are seeking of economic range f gadgets. RECOMMENDATION: Through above discussion Apple Inc. product can be more effectiveness by considering bothProduction OrientationandProduct Orientation.As both marketing application strategy are interrelated with each other and support to guide for identifying customer needs and wants from market as well as product. In other hand, after setting position in market and gaining optimum trust of customer then, Production Orientation generates more positive outcomes by manufacturing more high specified product without anu customer demand or expectation concerned (Luca, Hibbert and McDonald,., 2016. After successfully launching of iPhone 5 and MacBook, Steve jobs announced further upcoming model at the year of 2011-2012, and that planning conducts syetmatically and get succeed too launching products in market like iPhone 6, 6s, 7, 7s, 8 , 8pro, 9… apart from it Apple iWatches turns the market towards in their favour by introducing first artificial intelligence specification trait watch attract high market share.
CONCLUSION FromabovesummarisationofMarketingPractisereportisexplainsaboutoverall background of concept of international market in concept of Apple Company iPhone 11 effectiveness performance in market. By highlight different marketing orientation such as Production, Product Sales and Societal orientation of marketing practise that provides better understand about different market concept to trade product for having growth objective.
REFERENCES Books and journal Adi, P. H. and Adawiyah, W. R., 2018. The impact of religiosity, environmental marketing orientation and practices on performance.Journal of Islamic Marketing. Ćorić, D.S. and et. al., 2020. An Exploration of Start-ups’ Sustainable Marketing Orientation (SMO).Industrial Marketing Management.91. pp.176-186. Bozkurt, B., 2019. Understanding the Customer. InDebates in Marketing Orientation. Emerald Publishing Limited. Gunarathne, D. U., 2016. Revisited: Applicability of Market Orientation Models in Sri Lanka. FIIB Business Review.5(4). pp.3-7. Parveen,F., Jaafar,N. I.and Ainin,S., 2016.Socialmedia’simpacton organizational performance and entrepreneurial orientation in organizations.Management Decision. Liu, C. H. S. and Huang, C. E., 2020. Discovering differences in the relationship among social entrepreneurial orientation, extensions to market orientation and value co-creation–The moderatingroleofsocialentrepreneurialself-efficacy.JournalofHospitalityand Tourism Management.42,.pp.97-106. Luca, N. R., Hibbert, S. and McDonald, R., 2016. Towards a service-dominant approach to social marketing.Marketing Theory.16(2 1