The history of Apple Inc. dates back to the early 1970’s when Steve Jobs along with Ronald Wayne and Steve Wozniak established the technology firm. Apple is presently headquartered in California, USA. The company together with its subsidiaries develops and markets laptops, portable music players, desktop computers, mobile communication devices and several other gadgets. Apple has a global presence and functions with around 370 Apple exclusive stores. As of 2011 the company employed 60,400 people throughout the world (“Apple Inc.”). Some of the evident products that have made Apple one of the biggest technical giants of the world are I-Phone, I-Pad, I-Pod and various software products. The Mac OS X in the software category has been able to revolutionize the computing experience of the users. If reports are to be believed, within few years from now the company will be launching I-car, a four wheeler car with unique style and design resembling the official logo of Apple.
From the days of its inception Apple is highly sensitive towards its marketing strategies. The company tactically develops its business strategies for the purpose of retaining and gaining customers. This is the reason why we find Apple launching new products in every 2-3 years.
Apple mainly distributes its product through whole sellers, retailers and Apple owned exclusive stores. The company has large number of competitors in direct and indirect form. Hewlett Packard, Dell, Google and Research in Motion Limited are the direct competitors of the company (“AAPL Competitors”)....
In this article the author discussed about the unique marketing initiatives of Apple Inc. Furthermore the article highlighted some interesting facts about the company. In the introduction part of the article the author demonstrated about the hype that Apple creates before launching a product in the market place. To cite an instance it showcased how the brand loyal customers of Apple spend a night outside an Apple store, just for the purpose of buying the new product from the company. The article offered a number of unique marketing strategies of the company. Some of the evident among them are as follows: - Apple has been long facing issues with the product knowledge of its sales staffs. This problem made it more complex for the company to notify the potential customers about the unique features that it offers. Hence the company decided to open ‘a store just for Apple’ or an Apple exclusive store. In this article it has been also highlighted that the products of Apple comes in the form of a complete package, so that users do not have to search for any add-ons. In accordance to this statement the author mentioned the example of I-Pod and free music via Apple I-tunes. The product strategy of the company has been also emphasized in this article. Apple uses a varied product strategy, in which they offer various portable gadgets at a low cost to the consumer, with a feeling that these customers may consider buying an Apple computer in the near future. The author also clearly explains about the extensive research and development that the company carries out for the purpose of offering quality products. Furthermore in the article few promotional