Contents
Executive Summary
A background of marketing efforts of Samsung
Situational Analysis
Samsung’s strategic decision making process
Creation of value
Increased effort to benefit from internet
Use of social media as a marketing tool
Inculcating creativity as a core component of corporate strategy
Classical Decision Making Process
Feeling the need to take a decision
Identification of alternative courses of action
Evaluation of alternatives
Implementation of the chosen alternative
SWOT
Strengths
Weaknesses
Opportunities
Threats
PESTLE
Political
Economic
Technical
Legal
Environmental
Recommendations
Unique Selling Proposition (USP)
Segmentation Targeting & Positioning (STP)
Homogeneous Preferences
Diffused Preferences
Clustered Preferences
Geographical Segmentation
Demographic Segmentation 15
Psychographic Segmentation 15
Behavioral Segmentation 16
Marketing objectives and goals (SMART) 16
4 P’s of Marketing 17
Product 17
Pricing Strategies 17
Promotion 18
Place 19
Globalization 19
Modes of entry in foreign markets 20
Market Development 20
Diversification 21
Conclusion 21
References 21
Description
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