SAMSUNG- Building a Global Brand

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Southern Taiwan University of Technology Marketing Management

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SAMSUNG- Building a Global Brand. Southern Taiwan University of Technology Marketing Management . GROUP V. Content. Background SWOT analyses Samsung´s Starting Step Several Shocks New Competitive and Marketing Strategies Tehnical Inovation and R&D Human Resources of Samsung Product - PowerPoint PPT Presentation

Transcript of SAMSUNG- Building a Global Brand

Page 1: SAMSUNG- Building a Global Brand

Southern Taiwan University of TechnologyMarketing Management

Page 2: SAMSUNG- Building a Global Brand

CHAMBUUBATTULGA巴圖M997Z207

MARIENIKKIMARTINEZ馬妳琪M997Z208

SUDIANACOLYN許毓殷M997Z237

MARKOMARINIC馬可M997Z206

ANJAGRGIC安利敏 M997Z205

TRAN THITHANHLOAN陳氏青鑾 M997Z215

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Background SWOT analyses Samsung´s Starting Step Several Shocks New Competitive and Marketing Strategies Tehnical Inovation and R&D Human Resources of Samsung Product Price Marketing Programs to Build the Samsung The Result At Present Vision

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1969 the world largest electronics company 2009 revenue - $117.4 billion 2009 Net income - $8.33 billion Headquarters in Samsung Town, Seoul, South Korea

Samsung group Affiliated companies Employees –164,600

4Anja Grgic

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Samsung Electronics focuses on four areas:- Digital Media- Semiconductor- Telecommunication Network- LCD Digital Appliance Three key strengths Three strategic approaches in management New value Inspire the World, Create the Future Green Samsung

5Anja Grgic

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STRENGTH 40 years of experience on global market Ability to make and implement new major strategy R&D department(27000 researchers>24000 PHDs, 17 centers around the globe)

Close collaboration between samsung employees Strategic formation of designers and marketing experts around the major world capitals

Stylish and cool design World awareness of Samsung brand Excelent promotion strategies High sale

6Marko Marinic

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WEAKNESS Very dependent on advertisment Dependent on material resources Lack of their own well known software platform

risk of sight damaging (3D TV)

7Marko Marinic

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OPPORTUNITIES Think of samsung brand before start shopping

Five key fields:◦ Capturing◦ Display ◦ Storage◦ Processing◦ Connectivity

SAMSUNG Future Life and Style

8Marko Marinic

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THREATS New global market shocks Material time delivery and cost Lack of electricity around the world Brand softening New technologies and designs from other competitors

World too indebted to buy new products very frequently

War – North Korea

9Marko Marinic

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1970 : making cheap 12”TV sets under Sanyo labelmorphed into a technically innovative companyNo. 1 in the global memory chip marketpioneer in plasma TVs, multifunction cellphones, and other digital devices Mid 90‘s : primarily produced technical components or low-cost manufactured productsselling me-too consumer products through discount chains like Wal-Mart at very low prices

10Sudiana Colyn

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The global memory chip market went into a tailspin

Sales and profits of Samsung were softening

Down-market image of Samsung brand The Asian Financial Crisis in 1997 Samsung’s capital was almost completely eroded by losing 170 billion won per month

11Sudiana Colyn

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Focusing on the customer needs Developing and marketing technically superior products

Building an image of Samsung as a stylish, high-quality brand commanding a premium price

Using technical innovation and design to appeal to younger and relatively upscale customer segments around the world

12Sudiana Colyn

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1998 : Samsung changed from focusing on production mechanism to Market mechanism

2005: Spent $ 5 billion on R&D

2009: Invested $ 4,3 billion to make the world largest memory chip

Tehnical Tehnical Inovation and Inovation and R&DR&D

13Tran Thi Thanh Loan

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Nearly 27,000 researches including 2400 PhDs – working in 17 research centers

450 designers are assigned to 6 design centers in world capital cities

14Tran Thi Thanh Loan

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Samsung Electronics focuses on four areas

Semiconductor Digital media Telecommunication network LCD digital appliance

NAND,flash memory, SRAM,SDRAM …

Television, computer Mp3, DVD players…

Desktop monitor, TFT-LCD, …

Fax machine, Mobile phone…

15Tran Thi Thanh Loan

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Price Samsung is in the process of building an image as “a stylish, high quality brand commanding a premium price”

Samsung sells product with price that worthed, if we compared it with the functions, benefits and technology

PricePrice

16Tran Thi Thanh Loan

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Effective action of marketing managers and market researchers of Samsung

Communicate Samsung brand around the World

Recognize the firm in the developed Markets

17Chambuu Battulga

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To focus on its promotions- Samsung launched its first major brand-building advertising campaign in 2001

Use new promotion steps- it has been principal sponsor of both the summer and winter Olympics game

18Chambuu Battulga

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In 2005 the firm devoted nearly 15 percent of its media budget to page topping banner ads on over 400 Internet sites

Provide links to mainstream entertainment products from partner company, such as Fox's

『 Fantastic Four』

19Chambuu Battulga

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Samsung’s Innovation and Marketing Strategy was a success

Overtaken Sony as the most valuable consumer electronics brand

In 2005: Sales: USD 56 Billion Operating income: USD 8 billion

20Marie Nikki Martinez

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Samsung continues to respond with advanced technologies, competitive products, and constant innovation

No. 1 in the US digital TV market for the 4th consecutive year

21Marie Nikki Martinez

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New TechnologyInnovative ProductsCreative SolutionsMarket Oriented Enterprise

22Marie Nikki Martinez

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Q&A?

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Thank You for listening!