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Thursday, May 10, 2012

Short product analysis: Design Strategy at Samsung Electronics :


Design Strategy at Samsung Electronics :
“Becoming a Top-Tier Company”

Problem Definition
Samsung used to be underestimated. Samsung survived the blow of the monetary crisis affecting the region asia. This new quality and design trajectory was temporarily thwarted by the IMF crisis of 1997, which brought Samsung to the brink of bankruptcy. At the previous time, Samsung had not given priority to either marketing or design. The company engineers had assumed that if their products were good enough, they would sell. If their products are considered good and ready to jump into the market, they would immediately sell it. They think the Samsung’s product that was ready for the market, without they think about consumers will not see from the design.
Samsung’s product looks unattractive in addition to other products. Since the second design revolution, they think that brand identity of Samsung still not satisfied. There are still many deficiency in Samsung’s products. Samsung immediately committed to changing this situation, giving priority to their own product design. Therefore, strategies brand management is important and much needed.
The main problem and most important is how Samsung strengthen their brand identity through marketing. To compete globally rather than merely to suply its local market. So we need to understand them if we are to go into global market.

Product Information
Samsung have several product marketed, the first business to be associated worldwide with the Samsung brand is:
·         Digital Media Business
Home of color TVs, audio and video equipment, and computers and computer peripherals, digital media was the first business to be associated worldwide with the Samsung brand.

·         Telecommunication Network Business
The TNB could be said to be samsung's ambassador to the wired generation. samsung pioneered the antenna-less clamshell cell phone that was widely distributed through wireless service providers. samsung led in the establishment of recycling centers for cell phones in korea. digital convergence was the watch-word, and samsung aspired to be the first to combine technologies and functions for ever multiplying consumer applications.

·         Digital Appliances Business
In this sector, slower moving than cell phones because of the longer life of these appliances, samsung’s main products were refrigerators, air conditioners, washing machines, microwave ovens, and vacuum cleaners.

·         Semiconductor Business
As the leading supplier worldwide, the company put 'a little bit of Samsung into many competitors' products. its ownership of this sector enhanced its time to market in such volatile fields as mobile phones.

·         LCD Business
Samsung was not so invested in the older technology went directly into the company's own computer monitors, notebook PCs, LCD TVs, and mobile phones, as well as to outside customers.

Marketing Strategy
Marketing products is one important part of business marketing strategy. With the marketing products, helping businesses to inform their products to market. In addition, the marketing of products also help the entrepreneurs to increase sales figures in order to achieve turnover of products they are targeting. Many strategies can be used by Samsung to improve its product marketing, from creating products that consumers needed, provide prices to suit the target market, choosing a strategic business location, and conduct marketing activities that support increased sales and marketing.

Solution
Many companies are expecting customers to come alone, but has no specific marketing strategy that is able to attract consumer interest. Business people always think, that a quality product without dimarketing can bring in consumers. Yet no matter how good our product, consumers will not be known without any marketing support. Quality products that are not supported by marketing the product, simply will not compete with other products because many new products come with a better quality. For that create a unique marketing strategy to attract customers into our target market. How Samsung could be viewed as an interesting product and recommended for purchase by its customers. So Samsung can have a reputation as a technological device manufacturers the most beautiful product on earth.

by Syndicate A2
MBA ITB R-45-A