Marketing
Case Analysis- Write Up (Purposely for the Blog)
Samsung
is undeniably one of the most successful international companies in the world.
Despite the tremendous strides that have been made by the company over the past
decades, the company is still on the seeming increasing trend, one that is
associated with introduction of various products into the global market. Currently,
the company intends of launching another critical product, the QLED 2018
television. There is no doubt that just like most of the company’s products,
the QLED 2018 television is also of high quality, one that incorporates the
needs and ideals of various consumers from across the world. However, it is
equally important to note that the company is not free of the challenges that
are often faced by various firms in their attempt to introduce new products in
the market. As a result, this post explores the entire situation that surrounds
the launching of this new product by the company and the strategies that may
seem to be imperative in mitigating the challenges that the product is likely
to face in the market.
I
feel that the idea by the company to launch this new product is an effective
one since there is clearly a market gap, one that needs to be filled with a
high quality product. In an attempt to ensure that the new product succeed in
the market, the company has employed a considerable number of strategies, which
according to my understanding that is anchored on marketing analysis, I firmly
believe to be not only appropriate but also effective based on the current
prevailing marketing conditions. Nonetheless, if I were a marketing manager in
the company, I would ensure that both the product promotion and the general
pricing of the product are done in the most inherent manner, one that
incorporates the needs of the consumers. In doing so, I believe the product
will have a competitive advantage and thus increased chances of succeeding.