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Institution Affiliation - Case Study Example
Author : littelleora
Pages 3 (753 words)
Marketing Name Institution affiliation Tutor Date Marketing Introduction Marketing has become the way to gain competitive advantage. In marketing, consumers dictate the success of a company. Marketing strategies are aimed at pleasing the demanding consumers…
The modern corporate environment is characterized by emerging issues, trends and technology. With the combination of the three, companies gain a more competitive advantage in the market. The consumer population is attracted with the most modern, advanced and attractive commodities (Rantanen, 2005). In the business of mobile phones, the scenario is the same. This paper will discuss the RIM’s marketing plan and the improvements the company can make on the basis of a general marketing analysis. Problem analysis Research In Motion deals with mobile phones and handsets. The company enjoys over 20 year’s existence in the market. However, the existence of the company in the market has taken shifts in the modern century corporate environment. The number of competitors is significantly increasing. It is for this reason that the future of RIM is questioned. With the coming of smaller firms in the market, RIM’s future is greatly threatened. For instance, the coming of Samsung in the market has greatly threatened the significance of RIM. Over the past two years, Samsung commodities have more demand in the market than I-phone and the Blackberry. Apart from demand, other companies are stepping up their marketing strategies. These factors are increasingly putting pressure on RIM to upgrade its marketing strategies. With the increase of consumer demand on mobile phones, RIM could be losing a lot of profits due to competition. ...