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Brand Extension for Apple: Holographic Gesturing for All Devices

   

Added on  2023-04-24

11 Pages832 Words245 Views
Apple
Brand extension
Brand Extension for Apple: Holographic Gesturing for All Devices_1
Company background
Founded by Wozanik and Steve in 1985, the company
branched into different units of manufacturing. (Apple,
2019)
Although headquartered in America, most of the
manufacturing operations are carried out in China.
By the end of 2012, about 16% of the total smartphones
sold worldwide were Apple products. (Facts, 2019)
The market share is comparatively low in developing
countries like India and Brazil.
In 2018, Apple secured 51% of the total global market
share in smartphones and tablets.
Brand Extension for Apple: Holographic Gesturing for All Devices_2
Brand value of Apple
The brand was launched in market back in 1984, with the
introduction of a personal computer training program at the
Super Bowl.
Since then, Apple has been conducting advertisement
campaigns featuring celebrities and airing advertisements made
by the creative team of the company. (Sponsorship, 2019)
Apple has collaborated with private technology firms for
promoting their products.
The official website of Apple is one of the most uniquely
designed technological sites in the world.
Apart from sponsoring the Super Bowl committee, Apple
supports several charity programs in and outside America.
Brand Extension for Apple: Holographic Gesturing for All Devices_3
Growth strategy of new product
Holographic gesturing for all Apple devices is the new product idea.
The 3D system can create an invisible space for the user, enabling
him/her to operate via holographic images and control the screen,
switches with only their gestures. (CelticsBlog, 2019)
Apple has adapted Ansoff’s growth strategy for succeeding in the
market.
The market penetration will be accomplished by offering seasonal
discounts and promoting the product at social events.
(En.wikipedia.org, 2019)
A new market segment in different countries will be identified for
developing the market of the new product.
Adequate research has gone into designing the product for
differentiating it from anything already available in the market.
Brand Extension for Apple: Holographic Gesturing for All Devices_4

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