Sonntag, 1. März 2015

Follow the Product: The 4Ps


The new version oft he Galaxy phones from Samsung, world be the Samsung Galaxy A5, which has been on the market since the 31st October 2014. The Smartphone is running on an Android (4.4.4) OS, with an aluminium body, which weights all together 123g. The display hast he size of 5 inches, with a screen resolution of 720 x 1280 pixels.
The features of the new smartphone are the 5-megapixel front cameras and the 13-megapixel front cameras. The phone provides opportunities for huge memory accessibility, with a SD card slot and a Sim card slot.
The product differentiates itself from other products on the current market, by its low price for smartphones, that not many companies do and by its little features that you cant really see and its improvements, which aren’t really recognizable.

The official price for the Samsung Galaxy A5 at 468,90 Euros, but currently is it set to 420,00 Euros on the Samsung website, which also includes and external power pack extra. Which is clearly predatory pricing from Samsung, because it is a competition based strategy from the Company, by deliberately setting the price lower than other Companies. Therefore more consumers of smartphones would by their new smartphone from Samsung.
Samsung’s hugest competition would be Apple, with their new IPhone 6/ IPhone 6+, which aired short before the Samsung Galaxy A5. Samsung tries to compete with Apple, by setting the price at a lower edge and therefore at a higher risk of success. Currently does Apple sell their IPhone 6 for 690 Euros, which is a difference of 221,10 Euros.

Samsung uses the direct selling/ Zero Level strategy, which leads to standing on their own feet, because there is no mark up/ profit taken by others as well does Samsung have the complete control. They decide everything also the fixed costs that need to be taker or charged at different places for the phone. Samsung’s strategy is to go over wholesales sales, by contacting different mobile contract centres as Vodaphone, which therefore sell the products to their customers.

Samsung uses their brand awareness and recognition as their promotion strategy for their product by attracting attention – with family products as their Samsung tablet, which uses similar features to attract more customers.
Above the line promotion would be adverts on websites, as well as technology business and local Magazines, which targets a large audience, Billboards and Posters everywhere – Tram stops etc.
Below the line promotion would be coming directly from Samsung by e-mails to show that a new product is available, which they can only do if a product had already been bought before. As well as only there recognition by their brand names and Logo.
The Samsung Galaxy A5 is right now in the Growth state accessing the Maturity stage soon, by its huge sells, the last few months’ weeks.