A Live Project Report On
A Live Project Report On
NOKIA PHONE
Study on consumer buying behaviour of
NOKIA
NOKIA
Submitted By :
PREETAM SINGH
CERTIFICATE
I hear by certify that the project made on “Comparative study on
consumer buying behaviour of NOKIA phone” in the academic
year 2010-12 is true and original to the best of my knowledge.
Content:
1. Preface
2. Introduction to organization
3. Mission statement
4. Marketing objective
5. Target market
6. Portfolio analysis
8. Competitive analysis
9. Marketing strategy
13. Reference
1) Preface: In this era, where the technology is growing in very faster speed
and every positive change is bringing new and enhanced feature with them,
the cellular phones are at the very hot issue in this growing technology.
When the technology is the matter, every consumer/user prefers the latest
best and interacting featured technologies and also prefers these facilities in
less cost. So in this view, there is a very big and fast competition between
many companies/ manufactures of cellular phones at the world level.
2) Introduction to the Organization Company Information:
It is a very well known company having its vast offices worldwide. Their
specialized product is cellular phones. They have many house hold items as
well.
Board of Directors:-
The current members of Nokia's Board of Directors were elected at the Annual
General Meeting on March 27, 2003. Click here for a short résumé and
information on the members' shareholdings.
Corporate Responsibility:-
Financial Factor:-
Nokia achieves excellent profitability in the first quarter 2003 and mobile
phone volumes grow faster than market.
3) Mission Statement:-
“CONNECTING PEOPLE”
Goals:-
Digital Bridging:-
Marketing objectives presents a brief summary of the main goals and the
recommendations of the plan for management review, helping top
management to find the plan’s major points quickly.
In marketing objectives, following areas are included:
· Poland
5) Target Market:-
The target market of NOKIA is very wide. Its products are demanded
worldwide and are given preference at any other cellular company in the
world. They have comparatively low rates than the other companies and have
a very good and interactive performance and interesting features, so because
of these features, people prefer NOKIA than the other companies.
Especially in Asia, Europe, America and the Middle East, NOKIA has a very big
market. It is manufacturing GSM and AMPS technologies cellular sets which are
meeting every kind of consumer’s requirements.
In 2002, Nokia's largest markets were US, UK, China, Germany, Italy, France,
UAE, Thailand, Brazil and Poland.
6) Portfolio Analysis:-
So while analyzing the portfolio of NOKIA, it was found that its product of
cellular phones, especially its GSM sets were making more profit to the
company as compare to its other products. So the company invested more
budgets in this area and started development on this area to earn the
maximum profit. But in the mean while, the company didn’t neglect their other
products and invested more money on the development of those products.
7) Micro and Macro Environmental Factors
Effecting Business
The actions and forces outside marketing that affect marketing management’s
ability to develop and maintain successful transactions within target
customers, is called the marketing environment.
Environmental considerations are integrated into every area of company life
and at every phase of our products' life cycle. We believe in eco-efficiency and
sustainability - to respect nature and the needs of future generations. Nokia's
new Environmental Report 2002 states the company understands of the
environmental aspects and impacts of its activities.
1. Microenvironment
2. Microenvironment
1. Microenvironment:
Following are the micro environmental factors which affects the company:
The company
Suppliers
Marketing intermediaries
Customers
Competitors
Publics
2- Microenvironment:
Following are the macro environmental factors which affects the company:
Demographic environment
Economic environment
Natural environment
Technological environment
Political environment
Cultural environment
8) Competitive Analysis:-
Visually, there is no any key competitor to NOKIA as comparing its vast market
and demand, but still, we can consider the following companies as its
competitors:-
Ericson
Motorola
Samsung
Sony
Strategic Direction:-
Business Environment:-
Collection of Data :
Source – Primary
Method – Questionnaire
Sample design: for boys who were in age group of 18-25 & they were ask to fill
it:
Questionnaire
Name: ______________________
Age: ________________________
Occupation: __________________
Yes ( ) No ( )
Ye s( ) No ( )
Analyse of Data:
Total Sample: 20
Yes ( ) No ( )
Bikes
YES
100%
2. Which mobile phone you are using.
Response: 8 says Nokia, 5 says Samsung, 5 says Sony Ericson, 2 says Motorola.
PREFERENCE
Motorola
10%
Nokia
40%
Sony Ericson
25%
Samsung
25%
3. Using Phone for which purpose?
Response: 6 say for Internet, 4 says for Photos and Image, 8 says for both and 2
says for others.
COMPANY
OTHER
10%
INTERNET
30%
BOTH
40%
IMAGES & MUSIC
20%
4. Which company Phone do you have?
COMPANY
OTHER
25%
Nokia
55%
Sony Ericsson
20%
5. Why do you prefer Nokia phone over other brand?
Response: 6 says quality, 9 says features, 2 says availability & 3 says price
PREFERENCE
Price
15%
Quality
30%
Availibility
10%
Features
45%
6. Will you prefer another Phone if price is reduced?
Ye s ( ) No ( )
Bikes
YES
25%
NO
75%
11) Finding and Suggestion:
Advantages:
Good menu almost the same in each model (if you know one, you won't
have very big problems with using another)
General user friendly interface - for example, big battery/network bars,
sometimes even 7 bars (not like in other phones very small and 3 level
only). It's currently - in the UMTS phones it can change to WORSE.
Long standby times and in majority big batteries
Possibility of personalizing many things in phones - example, logos,
ringtones, etc.
Big screens (when compare for example to Panasonic GD 90, it's like TV.
Disadvantage :
Many times you pay only for name and not for good quality. Example:
5510 don't have memory cards, 3410 don't have GPRS, etc.
No using some standards. Example: although there is fast USB, it's not
used anywhere to connect with PC...
In fact Nokia is other often one the last one, which make phones with
some technologies. Example: phones with GPRS
Can’t update model X to model Y. Ericsson make update to T68 to T68i
and now T68j, Siemens from SL45 to SL45i. Nokia officially doesn't allow
such things.
Cell Info is displayed in THE SAME line with Profile name in the phones
with bigger display (in old Nokia’s with smaller screen it's in different
lines).
Suggestions:
Though the NOKIA is the world’s largest cellular phone company and has the
very efficient features and facilities but there are some suggestions by me after
analyzing and researching about this company. It should decrease its prices of
the sets so that the sets may become in reach of every user and the market
may increase and become the cause of increasing profit rate.
Its spare parts should be available in its every market.
I collected data from various resources like as: primary as well as secondary
resources. I used questionnaire for collecting primary data. I surveyed on
consumer buying behaviour of NOKIA in Delhi School of Profession Study and
Research (DSPSR). Also I have collected information related to NOKIA from
Nokia store Chandni chowk, New Delhi.
12) Reference: