Apple Strategy

Topics: Apple Inc., Marketing, Apple Store Pages: 5 (1547 words) Published: July 6, 2013
Marketing strategies were central to making Apple Inc. a global success: Analysing how these strategies were so pivotal to their success. Apple Inc. made Apple brand and used it to establish an ‘Apple empire’, which accounted for many highly competitive markets, including the Smart Phone market, such as Apple IPhone. Consumer Electronics market with products, such as the Itouch and Tablet PC (personal computer) market, for instance, the Macbook Air. According to Chzain, Apple maintains more than 360 retail stores and it employs over 40,000 people, more than a million visitors come to Apple retail stores every day, Apple Stores are the best stores in retail history (2007). Apple’s success was mainly due to it series of marketing strategies. This essay will summarize these strategies by focusing on Apple store, Apple’s aim of keeping product simple, the innovation of Apple’s product, Apple’s special product promotion and brand promotion, Apple’s sales management and Apple’s customer services and illustrate these strategies, which Apple Inc. chose, and will analyse how these strategies are so pivotal to their success. The first strategy was Apple stores. Apple made the brand experience stores, which was luxury and fantastic. Steve Jobs, the Apple’s former CEO, tried to build a brand with customers, advocated consumers give their own advices about Apple product, gave consumers more "power of speech ", which also reflected the user’s right. It was not just a "simple" store, but Apple customers exchanged their opinions and experiences. The aim of Apple stores was ‘developing and maintaining customer relationship’ (Ferrell and Hartline, 2005:12). Marketers should make more effort to maintain and expand the relationship with their customers. According to Ferrell and Hartline, since the last decade, marketers have realized that they can know their customers well, and make high profits, via developing long-term relationships with their customers (2005). Both customers and sellers can benefit from long-term relationship. According to Slater and Olson, ‘relationship selling is based on interdependence between sellers and buyers, sharing of critical information that is based on trust between the two parties, and longevity of the relationship that enables both parties to enjoy financial rewards from coordinated strategic investments’ (2000:815). Customers always choose the sellers they trust and prefer to purchase products in a regular place where they have bought and satisfied. Therefore, the selling place is very important. Based on this, Apple established their store in the most popular place all over the world, such as the Apple Store in Fifth Avenue of Manhattan. The reason why Apple chose this strategy was that Apple knew it was a best way to make friends with their customers, the special in-store experience and the store itself could attract a lot of people. As a result, Apple stores made a huge success, and via these stores, Apple maintained a long-term relationship with their customers. The second strategy was Apple keeping product simple. The reason why Apple’s products were beautiful, fashionable, impeccable, simple was that Apple ‘understanding consumer buying behaviour’ (Ferrell and Hartline, 2005:101). Marketers should know their consumer’s requirement and motivation first, then producing and selling. Ferrell and Hartline stated, make more effort to understand customer is pivotal because they provide necessary insight on how to design product and how to sell, and whether the product meets their needs (2005). To improve the customized service, grasping the customers’ desire and the demand on the details becomes Apple’s soul, which makes people willing to purchase. This strategy help Apple to understand what customer needs and it was because Apple Inc. understanding the needs of customers very well, the sales of Apple’s products always leads other brands. The third strategy was the innovation of Apple’s product. As Doyle and...

References: Apple official website (2012) Service and Support from the People Who Know Your Apple Product Best. Accessed: 03-09-2012.
Chzain, S. M. (2007) Marketing Apple. Accessed :03-09-2012.
Barrow, C., Brown, R. and Clarke, L. (2001) The Business Enterprise Handbook. London: Kogan Page Ltd.
Doyle, P. and Stern, P. (2006) Marketing Management and Strategy. 4th edn. Harlow: Person Education Limited.
Ferrell, O. C. and Hartline, M. D. (2005) Marketing Strategy. 3rd edn. Mason: South-Western.
Lowensohn, J. (2012) Parts of Apple 's Genius Training Manual Leaked. Accessed:03-09-2012
Slater, S. F. and Olson, E. M. (2000) Strategy Type and Performance: The Influence of Sales Force Management, Stragetic Management Journal, 21(8), 813-829.
Continue Reading

Please join StudyMode to read the full document

You May Also Find These Documents Helpful

  • The Marketing Strategies of Apple, Inc. Essay
  • Apple Essay
  • Apple Essay
  • Essay on Apple Strategy
  • Apple and Their Strategy Essay
  • Apple Essay
  • Apple Inc Essay
  • Strategy Formulation Essay

Become a StudyMode Member

Sign Up - It's Free
Una Mamma per Amica streaming | The Brink | Roll of 20 Coins - 2018 American Silver Eagle $1 GEM BU Coin SKU51559