Intro
The Apple Watch is a smartwatch created by Apple Inc. It includes fitness tracking and health-oriented capabilities as well as incorporation with iOS and other Apple products and services. Apple announced the Apple Watch with three variants. Firstly there is the original apple watch, secondly there is the apple watch sport and lastly there is the apple watch edition, in which the case is crafted from 18 karat gold. Apple will also include a new voice assistant named Cal into the microchip, and the watch will be distinguished by different combinations of cases and interchangeable bands. The watch relies on a connected iPhone to perform many of its functions and will be compatible with the iPhone 5 or later models running iOS 8.2 software.
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The Apple brand personality glamourizes this idea of lifestyle, imagination, freedom, innovation, passion, hopes, dreams and ambitions, and power-to-the-people through the technology in its products and it hugely does this in its visual advertisements that sometimes even exaggerate the amazing experience of using technology and gaining a sense of happiness. The Apple brand personality is also about simplicity and the removal of complexity from people 's lives, people-driven product design, and about being a really humanistic company with a heartfelt connection with its customers. The Apple brand is not just intimate with its customers, it 's loved, and there is a real sense of community among users of its main product …show more content…
SWOT
Strengths Opportunities
• Apple has a highly reputable company that is known for creating simplistic yet technologically advanced products that usually go on to generate a large amount of sales.
• The apple watch runs on the latest iOS software and is able to wirelessly connect with other apple products.
• Apples announcement of the release of the apple watch had popularised the market of smartwatches and also taken it to another level with the many features of the watch that can be done with an iPhone.
• Apple has a massive loyal consumer population that has formed into a community, strengthening the relation between apple and its consumers.
• • The apple watch has popularised the market of smartwatches which is something companies like Samsung could not do. This is due to the clever marketing strategies of apple, and in turn gives them an upper hand in the smartwatch market as they are the centre of attention.
• Apple can use its advantages in the smart watches in order to shift towards a new market of bio-technological gadgets. The development of the bio-sensors in the apple watch could provide a gateway for development into another market.
Weaknesses
The Mac vs PC adds developed in 2006 were a four year add campaign introduced by Apple to address the common issue that the average consumer faces. Which is better, Mac or PC? The answer, you guessed it, Mac. These adds are filled with rhetoric that ‘brainwash’ the viewer into considering an Apple computer over a PC and in many cases it was the most successful that they’ve ever had. The rhetorical devices were key, in the add there is a major build on ethos, pathos and logos using facts and celebrities to really persuade the viewer.
They’re experts at handling a variety of brands, including: Rolex Swiss Army Movado Tag Heuer Omega Patek Philippe Longines Is your watch waterproof? No problem. Is it a different brand than the ones listed above? No problem.
In today’s market, Walmart and Target are two of the top competing companies within the market system. According to Loudenback and Lee (2015) research on Walmart and Target stated, “We just released a list of the 50 most powerful companies in America, and Walmart came out on top as the most powerful company in the nation with Target a close second”. Walmart was founded 60 years after Target was founded. The two companies have found different ways and techniques to stay a top of their competitors. Within my SWOT analysis, I plan on pointing out each company’s strengths, weaknesses, opportunities, and threats.
Fitbit’s mission is as stated: “We're a passionate team dedicated to health and fitness who are building products that help transform people's lives. While health can be serious business, we feel it doesn't have to be. We believe you're more likely to reach your goals if you're encouraged to have fun, smile, and feel empowered along the way.”Marketing
Executive Summary The apple watch (marketed as the WATCH) is a new sapphire-coated smartwatch created by the Apple Inc. Timothy Donald “Tim” Cook (The current CEO of the corporation) announced
A swot analysis is an analytical tool whereby the positive and negative internal and external aspects of a company or entrepreneur are analysed. RIHANNA’S STRENGHTS: A strength is an internal positive factor that can benefit a company or an entrepreneur. Rihanna has an enormous fan base which will benefit her as it will ensure the continued and unconditional support which means that her profits will be continual.
A SWOT analysis is a tool used by organisations to identify its internal strengths and weaknesses, but also the external opportunities and threats. Therefore, this allows the organisation to assess what can be used to aid in achieving their objectives, i.e., strengths and opportunities, as well as aspects that can be improved on or potential problems that can be faced, i.e., weaknesses and threats, as they pursue on achieving business objectives and/or decision making. Explained S.W.O.T. Analysis: a) Strengths Caterpillar Inc. holds a very strong brand image worldwide that directly associates it with high quality products that they provide. In 2014, Caterpillar ranked as the number one brand in heavy equipment followed by a strong competitor,
Despite Apple´s Apple Watch was introduced to an already existing market in which competitors had an advantage in the way they were better established upon the matter, statistics of sales and reviews have proven its current success at the level that it gradually dominated the market. According to the article published in the Forbes webpage which makes reference to the reports from Tractica, a market intelligence firm, “the Apple Watch’s share of the smartwatch market could hit 68 per cent by the end of the year.” (Forbes). Source: Forbes These statistics show the market presence of Apple and its competitors in terms of percentage which also resemble sales revenue Apple has from its product, sales revenue does not equate as profit, even though, Apple´s pricing strategies in the introduction stage enable the business to increase the income and perceive a significant difference from its cash outflow and therefore its previous estimated profits justified directly through the business annual report.
As I mentioned previously, Think Different campaign had changed the world and changed Apple to a better company that holds one of the best brands all over the world that could grab the customer attention. Nowadays, Apple has many competitors such as Samsung and Blackberry. The purpose of the advertisement is to sell the company devices to the customers. Also, to send a message to customers that Apple is not the same as any company that sells electronics and that’s a good reason to buy electronics from Apple.
Apple is currently one of the largest Info-Tech Company in the world. It has taken over the world with its high-tech and futuristic Products, which helped Apple in creating a great Brand Loyalty amongst its customer. The company has various products and services like iPhone, Mac, iPad Apple Watch, Apple TV and Apple also uses its own Operating System for its Products like iOS, MacOS. Not only the beauty of the Apple products but they also make your life very easy too.
Fitbit has stepped up to this by developing the ionic for the youth, with a growing world, largely dependent on technology the Fitbit now offers features like Fitbit pay. This feature comes in handy when you may forget your wallet or need to travel light on a jog. Another product value is being able to track your fitness, Fitbit has been a massive game changer, making fitness into a game, with Fitbit phone application, users can track and earn medals for their fitness. Manage their diets and have challenges with
a. The product and production orientation of marketing asserted that a company should first develop product and then they should scan the market for sale opportunities. Now days in the modern world the market have changes. The process orientation of marketing requires a company to first to analyse the market, understand customer requirement and then develop products. In todays world, the modern marketing is based on the reverse process, in which the first the customer needs and demands are identified. The subsequent market program of the firm depends on how the market identifies the potential customer, profiles them, target them and positions his offering in the minds of customer.
3.0 Macro Environment that Effects Apple Social-cultural, technology, economic, political and legislation is the elements of macro environment that effects Apple which are described as below: 3.1 Social-cultural ITunes is Apple’s biggest virtual media store. In general, the image of the Apple also depicts the modern individual lifestyle, combining function and conception, resulting in brand recognition and commitment. In conditions of the demographic features, Apple is targeting the two major generations. One generation is mainly consists of working adults, where they might sustain a higher and stable income to purchase Apple’s expensive and complex equipment. Thusly, the sophisticated and high-tech Apple products would definitely
Samsung too early encountered the issue and resolved it by including a “Gear” a smart watch and Gear Fit, connecting to Samsung galaxy 5 and it is always automatically record the work out. Company attached many other features to Galaxy 5 and smart watch. Gear
In this essay I will write and elaborate about the apple device company culture, leadership, career development, motivation, engagement and retention strategies. Apple Company. Is an American multinational firm that layout and manufactures shopper electronics and PC software products. Apple was founded on the first of April, 1976, at the hands of "Steve Jobs" and "Steve Wozniak" and "Ronald Wayne" for the sale of personal computers called "Apple. The company manages more than two hundred and fifty shop of retail stores in nine countries, and shop on the Internet sold by hardware and software products.