Year : 2013
Number of Pages : 140
leaves
Adviser : Prof. Edison D.
Cruz
Executive Summary
Mobile
internet is one of the hottest fads in the field of mobile technology. Even the
most basic handset available today provides access to the Internet, allowing
consumers to use it for primary purposes like accessing the email and surfing
the Internet. As of Q1 2012, only 5 percent of total SMART Communication
subscribers avail and use SMART's mobile internet promos and offers. This paper
will discuss the marketing strategy that can be adopted by the company such
that it can reach a 20 percent penetration rate in 5 years.This paper used
tools like the 10-step marketing planning process, S-curve analysis, Porter's 5
forces, Porter's Generic Competitive strategies, SWOT analysis and finally the
7Ps of Service Marketing to give a comprehensive strategy for SMART. This paper
gave an analysis on the industry of mobile internet and factors that affect
growth. By using frameworks like Marketing audit, Porter's 5 forces and SWOT,
it was able to analyze the existing strategies of SMART. It provided a
comprehensive discussion on the specific consumer needs that SMART's Mobile
Internet service must address. The final output is a marketing strategy and
marketing mix to increase adoption rate of current subscribers to 22M mobile
internet users out of 55 million subscribers in 5 years. The consumer study
shows that the target market can choose their purchases based on their
lifestyle and at present, there is no one killer package that can push mobile
internet. The key is to educate people on mobile internet, to increase
awareness and push trial. SMART's overall communication and service delivery
strategy will play a big part in pushing their business goals. In creating the
marketing strategy of SMART for its mobile internet service, it is important to
consider the current situation of the worldwide industry and give a snapshot of
the current trends in the Philippine setting. While mobile internet is
pervasive and highly immersive in more advanced countries like USA, in the
Philippines, this service is still in its infancy/fermentation stage. The end
goal is to create mobile internet products that can respond to the emerging
trends, intense rivalry and ever-changing consumer needs of the Filipino mobile
internet user.
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