MARKETING ENVIRONMENT OF GOOGLE SMART PHONES Marketing
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Running head: MARKETING ENVIRONMENT OF GOOGLE SMART PHONES Marketing Environment of Google Smart Phones Name of the Student: Name of the University: Author Note:
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1 MARKETING ENVIRONMENT OF GOOGLE SMART PHONES Marketing environment of Google Pixel 3 and 3XL: The marketing environment of Google Pixel 3 and 3XL smart phones can be divided into two parts namely, macro environment or external market environment and micro environment or internal environment of Google (Store.google.com. 2019). The following are the macroeconomic environmental conditions of that multinational company based in the United States of America: Political factors: 1.Politicalstability:TheGovernmentofthe United States is politically stable and forms strong policieswhichlaydownthebaseofstrategy making of multinational companies like Google. 2. Bilateral relationships: The Government of the US has strong bilateral relationships with almost all the countries in the world. This has helped the American companieslike Google enter several host countries to market its products like Google Pixel 3 and 3XL smart phones. Economic factors: 1. High GDP: The gross domestic product of the US is 19.39 lakh crores USD as on 2017. 2. High rate of USD: USD enjoys a very high rateintheinternationalcurrencyexchange marketwhichenablesthecompanieslike Google to acquire technological resources from different nations at cheap rates. Social factors: High income society: The American society is high income which enables the company market its products profitably in the country. Technological factors: Advanced technology: The American market is technologically advanced.
2 MARKETING ENVIRONMENT OF GOOGLE SMART PHONES
3 MARKETING ENVIRONMENT OF GOOGLE SMART PHONES Micro environmental factors: The main micro environmental factors are strong organizational culture, highly advanced technology and a strong apex management. A strong board of managers in charge of the global branches and publicly traded nature of the company are also important micro environmental factors (Díaz-Fernández, González-Rodríguez and Simonetti 2015).
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4 MARKETING ENVIRONMENT OF GOOGLE SMART PHONES References: Díaz-Fernández, M.C., González-Rodríguez, M.R. and Simonetti, B., 2015. Top management team’s intellectual capital and firm performance.European Management Journal,33(5), pp.322- 331. Store.google.com.2019.Store.google.com.[online]Availableat: https://store.google.com/product/pixel_3 [Accessed 20 Mar. 2019].