REPOSITIONING – APPLE IPHONE PRESENTATION OUTLINE Target Market Segmenting the market Positioning Internal/External/Environmental Factors Repositioning TARGET MARKET Target Market vs. Target individual user TARGET MARKET Target Market includes variety of people Tech astute people Students Programmers Teachers/Educators Businessmen Individuals PRODUCT STRATEGY & SEGMENTING THE MARKET POSITIONING Apple iPhone’s key competitors Samsung Nokia Sony Erikson RIM Motorola LG POSITIONING INTERNAL INFLUENCING FACTORS Research and Development Costs Employees Internal Atmosphere EXTERNAL INFLUENCES Culture of the customers Age of customers and technology Status symbol and Materialistic desires ENVIRONMENTAL INFLUENCES Competition Economic issues Political and Regulatory environment ENVIRONMENTAL INFLUENCES CONT. Social influences Technology REPOSITIONING Marketing mix Price Product Promotional Place REPOSITIONING CONT. Target audience External/internal influences Positioning Promotional Loyalty of the target audience REPOSITIONING CONT. Price Product External/ Internal factors Place Positioning FINAL THOUGHTS Apple has over the years increased its market share iPhone predominates in profits within the market The iPhone has several influences that affect its marketing strategy: internal/external/environmental REFERENCES Apple. (2012). iPhone. Retrieved from: http://www.apple.com/iphone/ Asay, M. (2010, August). Apple doesn't target markets. It targets people.. Gigaom, (), . Retrieved from http://gigaom.com/2010/08/26/apple-doesnt-target-markets-it-targets-people/ Bains, I. (2011, November). Apple iPhone accounts for just 4% of the mobile market ... but rakes in an impressive 52% of the industry's profits. Mail Online, (), . Retrieved from http://www.dailymail.co.uk/news/article-2058406/Apple-iPhone-accounts-just-4-mobile-market---rakesimpressive-52-industrys-profits.html Chaffin, B. (2012). Apple claims 7.9% of mobile phone market in Q1. Retrieved from http://www.macobserver.com/tmo/article/apple_claims_7.9_of_mobile_phone_market_in_q1/ Sigal, M. (2010). Apple's segmentation strategy, and the folly of conventional wisdom. Retrieved from http://radar.oreilly.com/2010/09/apple-segmentation-strategy-an.html