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Showing posts with label Curve. Show all posts
Showing posts with label Curve. Show all posts

Thursday, December 9, 2010

Segmenting and Targeting Markets: If you're a market, watch out !

     We all have products. We use them, we wear them, and we even eat them. If you look at it in a more broad sense, our entire lives are made up of products. How does this affect us? Well, because our lives are filled with product after product, we as marketers have to work twice as hard to ensure the proper delivery to the consumer. Long away are the days of traditional business when one product and one segment were present. People have evolved, markets have shifted, and many characteristics make up a consumer.

     Let’s take Blackberry for instance. Blackberry started out with one idea: put into the hands of businessmen and businesswoman a device that could keep them connected to their clients and the office. They did just that, and then some. Their first market was undifferentiated and didn’t contain multiple segments. Now having five top selling smart phones, on the top four US carriers, Blackberry continues to expand and strengthen itself in each market.

     Let’s talk Curve. The Curve was a new breed of phone when first released and quickly, the non-business user gravitated toward it. Ironic, since now a large percentage of Curve users label themselves “personal” users. The Curve and The Storm were both developed and marketed to the younger, more leisurely customers and left The Bold for the business men and woman. Plus, with the increase in popularity of smart phones and applications such as facebook and twitter, Blackberry and other sellers are catering the services and the devices themselves to meet their needs. So RIM’S target market went from a small, general segment to a massive multi-segmented market.

Friday, November 12, 2010

Product Concepts. Wait. I have an idea !

          When we think of products, we think of tangible materials in which we, the consumer, can purchase or exchange something for.  Products are in our day-to-day lives and some we even depend on for use throughout. One product that has undoubtedly become a part of this class of products is the cellular phone. Cellar phones, when first introduced, we for business men and woman and people on the go. It was not a device for the everyday American. When, in the late 90’s and 00’s, phone’s started becoming “necessity” that is when Blackberry make some important Product decisions.
          Everything is important when it comes to product. First and foremost: the product itself. The product has to be able to perform and live up to the expectation of the consumer. An expectation made, of course, by none other than the marketer. Blackberry has done a good job at this and continues to develop new products; another facet of the company. 

          Product modification is important for several reasons. One, the product may in fact not be what research and development thought and fail connecting with customers. Second, the product may be great, but one or two features and functions may be outdated, required a modification. With Blackberry, most recently, this was done with the release and modification of the trackball.
          The trackball was the one feature about Blackberry that set it apart. No other device had the trackball and a user –or non-user- knew it was a Blackberry in their possession. The problem, however, is that the trackball feature to navigate on the phone was not durable and many customers complained. After quite some time, in early 2008, Blackberry released the TrackPad and revolutionized the Blackberry once again.
 
          Research in Motion has also extended their product line to include, besides mobile devices, the new Blackberry PlayBook tablet. Many technology professionals and industry insiders anticipate the release of the tablet and see if it says what is says it can do. We’ll see now won’t we? I think it’s a great feat to release the tablet in economic uncertain times, but also, in a market that has been lead by Apple (Ipad) and Barnes and Noble (Nook) since the craze started. This release will create a new product line, and new glimpse into the future at Blackberry. Thank you, Research in Motion.

Thursday, November 4, 2010

Sales Promotion and Personal Selling- Would You Buy Me ?

           For Blackberry, selling products has been growing more and more difficult. With consumers evolving, manufacturers like RIM, have to meet those new customers’ needs and continue to have a good relationship with current customers. Through this process, Sales Promotions and Personal Selling definitely come into play here. As costs of Advertising and Marketing rise through high-traffic channels, companies like Blackberry are turning to a more cost effective way to market: Personal Selling.
Because of today’s Blackberry customer, who is more diverse and eclectic than in previous years, new initiatives and promotions must be outfitted differently; Different sales promotions for different buyers. Several programs are effective however; Blackberry only participates in a few. One use of Blackberry’s promotion strategy is their competitor customers approach. With new devices and manufacturers emerging, the company must be on their toes- constantly. The newest devices released were the Blackberry Torch and the new Curve from the series of the same name. A visible implementation of this strategy is seen with their release of the aforementioned models. As promotions were offered for the device, at comparable prices to similar mobile carriers, competitors were on the same level as Blackberry with regards to price-point.
Rebates are another sales promotion Blackberry and Research in Motion offers. Rebates are given after the initial purchase is made and the documents for the rebate, with a valid sales receipt (proof of purchase), is submitted to the rebates department. With these offers, customers can be comforted that their purchase of the device is a good one given the company’s reputation, quality and price.

Referrals are an important selling strategy that Blackberry and other companies rely on. Word-of-mouth marketing is valuable and caused companies like Facebook, and other businesses to gain national and in Facebook’s case, worldwide acclaim. 
Since a majority of Blackberries devices are sold through third party distributors or retailers, Blackberry’s follow-up is done through these parties. When a sale is made through T-mobile for instance, Blackberry may receive the data and information of the customer and the sale itself however, T-mobile deals direct to the customer and thus removing Blackberry or Research In Motion from its involvement in following up with the customer.
Maybe-just maybe- Blackberry get more involved in the selling process. I don’t think removing retailers who “push” their devices and produces should be eliminated, but as a Blackberry owner myself, it’d be nice to share my thoughts about issues or products should I feel inclined to do so. Remove the middle man from the customer service side of things and Blackberry could strengthen its efforts when creating sales promotions and engaging in personal selling.