HI5004 Marketing Management Semester Report: 5G Smartphone Analysis
VerifiedAdded on 2022/09/18
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AI Summary
This report provides a marketing analysis of 5G smartphones, focusing on the Australian market. It begins with product identification and competitive information, highlighting the advantages of 5G technology over 4G. The report then conducts an environmental scan, examining political, economic, socio-cultural, and technological factors influencing the market. A demand forecast suggests high potential due to the need for high-speed internet and enhanced features. Segmentation and targeting are discussed, identifying the elite, higher-middle, and middle classes, aged 16-20, as the primary consumers. The positioning strategy emphasizes high-quality internet and enhanced features. The report concludes with a tagline and a reference list of relevant sources.
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