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Hp competitive strategy
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Case Analysis: The HP-Cisco Alliance
I-Discuss the companies involves in the case:
A) HP’s Size:
HP is the acronym for Hewlett–Packard. This company is an American multinational information technology corporation, created in 1939 by William "Bill" Redington Hewlett and Dave Packard. It is said that HP is the largest company in Silicon Valley and one of the most widely respected technology companies in the world. It is a global technology, services company and world leading PC manufacturers. HP is ranked in Fortune 500 as the fifteenth company, which has the most important revenue in 2013.
Therefore, according to a BusinessWeek Study, HP was the world's 11th most valuable brand as of 2009.
HP has many sponsorships. One well known sponsorship is of Walt Disney World's Epcot Park's Mission: SPACE. Moreover, from 1995 to 1999, and again in 2013, HP has been the t-shirt sponsor of Premier League club Tottenham Hotspur F.C. Then from 1997 to 1999 it was for the Australian Football League club North Melbourne Football Club. Furthermore, it was the sole sponsor of the BMW Williams Formula 1 team and the Renault F1.
In addition, after the acquisition of Compaq in 2002, HP has made a place in the "Compaq Presario" brand on low-end home desktops and laptops, then with the "HP Compaq" brand on business desktops and laptops, and finally on Intel-architecture servers with the brand "HP ProLiant".
Lastly, the HP group has a number of 1600 specialists of its 130,000 employees spread worldwide. It also has sales offices in 160 countries with 15,000 sales representatives.
HP is worldwide. Indeed, its management is directed from its headquarters in Palo Alto, California, USA. Its U.S. operations are from its office in Texas, near Houston. Its ...
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...er than its competitors.
-Selling concept: HP focus on creating sales transactions such as regular promotions to attract customers.
-Product concept: To always offers to its consumers, top notch products in terms of quality, performance and innovative features. HP created new items, such as the HP Pavilion dv4000 and Compaq Presario V4000 series Notebook PCs.
-Production concept: HP sells its product on an available and highly affordable range. HP products can be easily purchased at Courts, Harvey Norman, Best and etc.
-Social marketing concept: HP is all about society’s long run interests. It is reducing its environmental impact by calculating greenhouse gas emissions generated by the operations and use of electricity.
In consequence, when speaking about the target market we have to understand how the marketing mix is distributed. Here are the 4Ps presented:
As we all know, marketing is a necessary part of our daily life. Not only are products and services marketed, but we market ourselves as part of everyday business. I spent time this week speaking with a close friend of mind who is a Store Manager for H&R Block discussing the 4-Ps and how they pertain to his organization. It was very interesting to see how different industries market their products and services. Does the thought of receiving your tax return immediately grasp your attention? Well it has definitely helped H&R Block in boosting their ability to attract customers. It seems as thought immediate gratification is a promotion marketing tool that many companies are now using. After briefly describing the 4 P's of marketing we will review how H&R Block utilizes all of the steps in their marketing mix.
The 4 Ps of the marketing mix are: Product, Promotion, Price, and Place. The marketing mix puts the right products, at the right price point, in the right place, at the right time. The following examines how Claire’s Chocolates optimizes its marketing mix (Yoo, Donthu, & Lee, 2000, 195-196).
Hewlett Packard (HP) is a company founded in 1939 by William Hewlett and David Packard. It manufactures a variety of products and operates in over 50 countries worldwide. The products manufactured are grouped partially by function. One such group is the peripherals group which includes products such as printers, plotters, magnetic discs, tape drives and network products.
In this chapter, the strengths and weaknesses in management and other business practices of HP and Lenovo will be analyzed and compared.
The marketing mix is composed of four key elements to execute or examine for marketing campaigns. The chief goal of the marketing committee is to optimize the marketing mix. Marketers can enhance their outcomes and marketing value by implementing the right combination of the four P’s. Discrete alterations made to the marketing mix are looked at as tactical changes, while rendering huge changes to it can be considered strategic. The “Four P’s” of marketing are: product, price, placement, and promotion.
HP has to choose a target audience which are the people you are mainly going to sell your products. The target audience for the HP’s PSG industry are the people in the business industry. In order to attract they need to have a customer driven marketing strategy. This strategy is made up of 5 marketing concepts. They are social marketing concept, marketing concept, selling concept, product concept, and production concept. For social marketing concept, companies should consider the society’s long run interests also considering customers wants and needs. HP is committed to reducing its environmental impact of business. HP manages its energy impact by calculating greenhouse gas (GHG) emissions generated by our operations and use of electricity. To achieve organization goals, must focus on knowing the needs and wants of the target market and delivering desired satisfaction better than its competitors; this is called marketing concept. And for selling concept, HP understands the customer needs and wants hence customers will not buy unless there are selling and promotion efforts, hence companies focus on creating sales transactions. HP conducts regular promotions to attract customers and increases sale truncations. For the product concept, consumers prefer products that offer the most in quality, performance and innovative features.
This as help the company meet its goals, and allowed for the growth that can be seen through the growth on the financial sheets of the annual report for HP (Sustainability strategy, 2015).
In 2006 HP started the campaign “The computer is personal again” in order to remind the people that computers are a personal product. In 2011 HP announced that it will not participate in smartphone and tablet business, but will focus on strategic priorities such as Cloud solutions and software. Organizations HP operations are organized into 7 groups. 1.... ... middle of paper ...
What is product? Product can be anything, tangible and intangible. Product is anything that the company can offer to the consumer. Apple’s products are the best of service in the market. From computer to smartphone to tablet computer, today customer believe that if they get the apple product. Even that price is high also worth it. Apple products are usually high quality, so in some case that is the best of available device for customer. However, it is not perfect, many customers leave for a series of problems, so they deeply hurt.
Optimum performance, superior technologies and reliable service are the characteristics of our computer product lines. We carry the leading brands of Personal Computers, Laptops & Notebooks loaded with licensed software and Clone Computers using the latest computer technology that comes with 1 year warranty in cash and easy installment packages of up to 1 year, user friendly designs and superb service anytime and anywhere in the Philippines.
Products must be ensured to meet the needs of customers in terms of Appearance, Function, and Cost. Products should be conveniently available for customers to
HPWS refers to interconnected practices of Human Resources that have been designed with the purpose of enhancing the effectiveness of employees. Such practices include performance appraisal, selection, motivation, compensation, and training among others. In order for employees to be excellent in service delivery for their respective employers, there is need that they acquire skills that are relevant to their jobs and enable them to improve on their performance. In relation to an online institution of higher education, it is very possible to implement such a system. This is possible and necessary for the interest of improving service delivery by different employees in the institution. It is the duty of the human resources manager to analyze what the institution really needs in order to be able to come up with the most effective system (Snell, 2010).
THE PRODUCTION CONCEPT: This concept believes the philosophy that the product creates its own demands i.e. customer tend to purchase those products that are easily available in the market and are not that expensive so therefore company's following this concept concentrated on high production efficiency with low cost and mass distributions .
Innovation is key to the success of ASUS. It focuses on speed-to-market, cost and service to succeed in the ultra-competitive IT industry. That is why every employee of ASUS strives to master the “ASUS Way of Total Quality Management” in order to fulfill the “Persistent Perfection” promise of the brand. Guided by these percepts, ASUS has developed a strong advantage in product design, technology, quality and value/cost. These advantage’s in turn constitute ASUS formula for success – allowing marketing to communicate these strengths to win consumers hearts.
In 1934 Bill Hewlett and Dave Packard graduate from Stanford University; shortly thereafter Packard takes up duties working for General Electric Schenectady, New York while Hewlett completes graduate work at MIT and returns to Palo Alto, California (Hp Garage Timeline, 2014). During 1937/38 Bill Hewlett and Dave Packard join forces having their first official business meeting and embarking on developing HP’s first product, an audio oscillator. Between 1939-1940 Hewlett and Packard formalize their partnershi...