Company Selection for Final Assignment (1)

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Nov 24, 2024

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#3: Share Company Selection for Final Assignment Members: Adhi Venkata Sai Kiran Maddu Gabriel Moura Peron Pereira Mohammed Nadeem Uddin Course: Marketing for Managers MKT-6001-7B1-23/FA Prof. Cassandra Boyce Date: 19 th November 2023
#3: Share Company Selection for Final Assignment Marketing plan: Revitalizing Samsung's Galaxy Tab Line For the final assignment on marketing plan, we have chosen to work on Samsung. The specific product within Samsung's extensive portfolio that we will target is the "Galaxy Tab" line of tablets. Our team will conduct in-depth market research and analysis to understand the current state of the tablet market, consumer preferences, and the challenges faced by the Galaxy Tab line. This research will encompass studying consumer behavior, competitor analysis, and emerging trends in technology to identify opportunities for improvement. Within Samsung's extensive product lineup, the Galaxy Tab line represents a series of tablets that offer a blend of functionality, portability, and advanced technology. Despite Samsung's strong brand presence, the Galaxy Tab line has faced challenges in recent years due to shifting consumer preferences and competition from other portable devices. The decision to focus on Samsung's Galaxy Tab line stems from a strategic analysis of the technology market. While Samsung remains a powerhouse, the tablet industry has witnessed a decline in demand as consumers increasingly opt for large-screen smartphones or convertible laptops. The Galaxy Tab line, therefore, presents an opportunity for revitalization. The goal is to revitalize the Galaxy Tab line by positioning it as a compelling, versatile device for both work and leisure among millennials and young professionals. The opportunity lies in
emphasizing the tablet's strengths and introducing innovative features that align with the preferences of the chosen demographic. By selecting Samsung's Galaxy Tab line, the marketing plan aims to address challenges faced by the product in a changing technological landscape. Leveraging Samsung's strong brand reputation and incorporating new, targeted marketing strategies, the goal is to re-establish the Galaxy Tab line as a leading choice in the tablet market, particularly among the identified demographic.
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References Arora, P. K., & k Srivastav, A. A STUDY ON MARKET SHARES AND MARKETING MIX OF TOUCH TABLETS IN ACCORDANCE TO CUSTOMER PREFERENCES. Mccarthy, S. (2020). Samsung India launches affordable 10.2 inch Galaxy Tab A7. UWIRE Text, 1-1. O'Regan, G., & O’Regan, G. (2015). Samsung (pp. 183-187). Springer International Publishing.