Nokia Inc. is engaged in the production and designing of computers, N9 and other electronic devices including music players, peripherals, etc. As Nokia is already involved in the production of N9, it is quiet a reasonable time to enter the market of normal cell phones. Although there are several rivals in the cell phone industry but Nokia can find an edge due to its extraordinary management capabilities and core competencies in the market of electronic goods. The new launched cell phone will be named as “Nokia N9”. The name represents Nokia as the company and “N 9” as the communication device. In other words the consumers can communicate now through the cheaper device (as compared to N9) more easily. The new brand will be sold initially through the website than the dealers will be appointed for the large scale selling after the introductory stage. Initially the “Nokia N9” will be launched in the United States but after getting a reasonable customer base, the product will be launched globally because cell phone companies like Noki, Samsung, Sonyericson etc. are playing worldwide, so “Nokia N9” will have to play globally against these players to grasp maximum market share.
Financial Summary
Advertising
Budget
Assorted advocating activities
£5,400
Other
Total Advertising Budget
£5,400
PR
Budget
Strategic development
£5,400
Other
Total PR Budget
£5,400
Direct Marketing
Budget
Marketing design completion
£0
Other
Total Direct Marketing Budget
£0
Web Development
Budget
Website maintenance
£6,000
Other
Total Web Development Budget
£6,000
Other
Budget
Other
Total Other Budget
£0
Totals
£16,800
(Lin & Ye, 2011, pp. 617-621)
Current Marketing Situation
Nokia is entering the cell phone market for the first time but it is highly expected that the new launched cell phones will attract the maximum number of customers due to the goodwill of Nokia in the market. Moreover, the marketing will play a vital role in the succe4ss of the product right from its introductory phase. The marketing department will create awareness about the new [product, and then customers will be persuaded towards the new cell phone.
Nokia introduces its new smartphone the Nokia N9, which is the first Nokia smartphone operating system using Meegan, N9 features are as previously we had advanced, AMOLED touchscreen of 3.9 inches with a resolution of 854 x 480 pixels, the Nokia N9 is quite casual and elegant, with polycarbonate chassis in one piece, with support for 3G and GSM networks, your camera is not fancy, 8MP Carl Zeiss lens, auto focus and the ability to record 720p HD video, the N9 brain OMAP3630 processor is a 1GHz graphics processor and PowerVR SGX530 is, the device has 1GB of RAM. (Lin & Ye, 2011, pp. 617-621) The operating system chosen for the Nokia N9 is Meego 1.2 Harmattan, which is quite interesting but a hybrid between traditional MeeGo Nokia and Maemo, ...