3. Contents
Brief History Of Nokia
Reasons For Selling Their Asset
Nokia’s Failure
SWOT Analysis
Competitor (Samsung) Got It Right
Market Share
Conclusion
4. 1865: When Fredrik Idestam built a wood pulp
mill , in southern Finland. A few years later, he
built a second mill by the Nokianvirta river –
the place that gave Nokia its name. Idestam
named his company Nokia Ab in 1871 Nokia
Ab added electricity generation to its
business
History of Nokia
5. Vision
Nokia’s mission is simple,
Connecting People.
Strategic intent is to build great
mobile products.
Job is to enable billions of people
everywhere to get more of life’s
opportunities through mobile.
7. The 4 P’s involved with a communications giant is very
important as they are directly linked to the
customer’s preference.
Marketing MIX
8. Product
For a successful marketing mix, creating the product according
to the demand in the market is very important.
Quality, Appearance, Packaging, Brand, Service, Support,
Warranty
Price
The price is an important factor as it decides the level of
interest of the consumer towards the product.
Discounts, Financing, Leasing, Options, Allowances.
9. Place
The place of distribution is very important as it should be
convenient for the consumer to access it and should be available
at various locations.
Logistics, Channel Members, Channel Motivation, Market
Coverage, Service Levels, Internet, Accessibility.
Promotion
Nokia performs both above the line and below the line forms of
advertising.
Front Line Service, Public Relations, Message, Sales, Media etc.
16. Weakness
Low voice quality
Less stylish in low priced products
Heavy sets
Unlike iPhone Apple, Nokia N-series is
complex, tough and not user friendly
17. Opportunities
New growth markets
Concentrate on Smartphone's
Well designed and styled set
Mini notebooks
18. Threats
China mobiles – It has made exact copy of
Nokia
Competitors like Samsung & Apple
Sales may decline due to global economic
downturn
Standard & Poor downgraded Nokia with low
grade
19. Competitor (Samsung) Got It Right
Placed its bet on Android OS for
Smartphone
First to launch what many called an
iPhone look alike
Variety of Smartphone's for different
segment
22. Conclusion
• From Technology perspective, Nokia did not deliver as
per expectations based on previous performance
• From the Strategy perspective, though Nokia did
eventually come up with nice lucrative products, it lost
in the race against time due to poor strategies and sly
competition.
• From the organizational and people perspective, the
new CEO’s attitude and competency proved to be fatal
for the company.
• The entire Rubik of Organization , people and strategy
failed to deliver for Nokia.