Saturday, November 30, 2019
The Future and Strategies of Apples Brand
The Future of Appleââ¬â¢s Brand Apple Incorporation is a leading producer and marketer of innovative products. The companyââ¬â¢s brand is acceptable in every part of the world. Apple succeeded because of Steve Jobsââ¬â¢ leadership skills. Many economists have examined why the companyââ¬â¢s brand might be in jeopardy. The success of Appleââ¬â¢s brand depends on the strategies employed by its leaders and managers.Advertising We will write a custom research paper sample on The Future and Strategies of Appleââ¬â¢s Brand specifically for you for only $16.05 $11/page Learn More Phil Schiller is a professional leader at the company. Schiller safeguards the companyââ¬â¢s brand reputation (Burrows Satariano, 2012). Schiller shares most of Steve Jobsââ¬â¢ skills, impulses, and passions. Apple should use its capabilities in order to produce new products (Finch, 2012). The future of Appleââ¬â¢s brand depends on the marketing strategies ad opted by its current managers. Steveââ¬â¢s death will affect the companyââ¬â¢s brand if the current leaders do not support the best business practices. Apple Incorporation should use the best adverts and marketing methods in order to achieve its goals. The above approach will ensure support the companyââ¬â¢s brand. Strategies that Apple can Use to Prevent Going Down According to some theorists, Apple might go down if the current leaders use the wrong business practices. Apple Incorporation should use a generic strategy in order to achieve its goals. The company can use cost leadership in order to remain profitable. Cost leadership focuses on the best production and marketing practices. Cost leadership reduces the expenses incurred by every business. Apple can use cost leadership in order to produce the best products. The company should also use its outsourcing strategy in order to produce quality products (Yoffie Kim, 2010). The company should also attract and maintain its customers. Apple Incorporation should also use the best segmentation processes in order to achieve its marketing goals. Apple Incorporation should use a competitor-based pricing approach in order to market its innovative products. The pricing strategy will make the companyââ¬â¢s ââ¬Å"products are competitive in the marketâ⬠(Finch, 2012, p. 59). The other strategy is to identify the changing needs of every customer. This approach will ensure every marketer focuses on the social needs of every customer. The marketing strategy should also support the companyââ¬â¢s vision. The above strategy will make Apple a competitive business firm.Advertising Looking for research paper on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More Apple Incorporationââ¬â¢s Future The future of Apple depends on the goals and practices implemented by its leaders. According to Burrows and Satariano (2012, p. 2), ââ¬Å"many people at A pple are against Schillerââ¬â¢s conservative business approachâ⬠. Appleââ¬â¢s brand name will continue making Apple successful. Every customer is ready to purchase the companyââ¬â¢s products. The company should also the best adverts in order to attract more customers. The above approach will also support Appleââ¬â¢s brand. Phil Schiller and his team should use the best business strategy in order to make Apple a profitable retailer in the United States. The company is also working hard in order to produce innovative products. The companyââ¬â¢s innovative smartphones and PCs will address the needs of every global customer. The company continues to market its innovative products to its customers. Apple Incorporation should also support the needs of its employees. The practice will increase the companyââ¬â¢s competitive advantage (Finch, 2012). The above generic and marketing strategies will also make the firm profitable. This paper explains why Apple Incorporatio n will remain successful. The corporationââ¬â¢s managers should use the best leadership strategies in order to achieve every goal. Reference List Burrows, P., Satariano, A. (2012). Can Phil Schiller Keep Apple Cool? Retrieved from https://www.bloomberg.com/news/articles/2012-06-07/can-phil-schiller-keep-apple-cool#p2 Finch, J. (2012). Managerial Marketing. San Diego, CA: Bridgepoint Education Inc. Yoffie, D., Kim, R. (2010). Apple Incorporation in 2010. Harvard Business School, 1(1), 1-25.Advertising We will write a custom research paper sample on The Future and Strategies of Appleââ¬â¢s Brand specifically for you for only $16.05 $11/page Learn More This research paper on The Future and Strategies of Appleââ¬â¢s Brand was written and submitted by user Giselle Daniels to help you with your own studies. You are free to use it for research and reference purposes in order to write your own paper; however, you must cite it accordingly. You can donate your paper here.
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