Part of The Student Room Group

  • Join over 1.2 million students every month
  • Accelerate your learning by 29%
  • Unlimited access from just £6.99 per month

This document will analysis in detail the current marketing situation for Lenovo tablets. The first part will present the internal, customer and external environments. The second part will be the SWOT analysis. And the last part will define the Marketing

Extracts from this document...

Introduction

Individual Assignment - Situation Analysis TABLE OF CONTENTS Table of contents---------------------------------------------------------------------2 1. Introduction-----------------------------------------------------------------------3 2. Marketing Situation Analysis------------------------------------------------3 a) Internal Environment Analysis-----------------------------------------3 b) Major Competitors Analysis---------------------------------------------6 c) The Customer Analysis --------------------------------------------------7 d) The External Environment Analysis----------------------------------8 3. SWOT Analysis-----------------------------------------------------------------10 4. Marketing Objectives---------------------------------------------------------11 5. References ----------------------------------------------------------------------12 1. Introduction Lenovo is a Chinese person computer manufacturer which founded in 1984 and it has become the world's third largest manufacturers formed after its acquisition of the IBM Personal Computing Division in 2005. Early this year, Lenovo jumped into the tablet fray with its ThinkPad and IdeaPad K1 tablets. This document will analysis in detail the current marketing situation for Lenovo tablets. The first part will present the internal, customer and external environments. The second part will be the SWOT analysis. And the last part will define the Marketing Objectives. The references are also included in the the document. 2. Marketing Situation Analysis a) Internal Environment Analysis 1) Current Marketing Objectives > Building the leadership team, developing strategies and taking people with you (Liu, 2011). > Lenovo will be one of the strongest of the players in tablets area (Yang, Y.D., 2011) 2) Current Marketing Strategy > Focus on mid and low-range devices Apple only covers the top tier. Lenovo's strategies are aim to cover different market segments, as well as the low salary class (Yang, Y.Q., 2011). ...read more.

Middle

6) Global Supple Chain > Logistics Lenovo is a member in SmartWay, and with being a partner with the U.S. Environmental Protection Agency (EPA), Lenovo measures and maintains an efficient Canada and U.S. shipping tasks. > Supplier Engagement Lenovo is actively engaged with their suppliers as a responsible corporate citizen to promote improvements in their entire supply chain that improve the quality of life at work and at home. b) Major Competitors Analysis Competitors Strengths Weaknesses Apple iPad * Strong brand loyalty * Simple, easy to use * More Applications * Limited product range * Less choice * Expensive * Can not read Adobe Flash files Samsung Galaxy Tab http://www.thinkofus.com.au/SearchResults.asp?Search=samsung * Advanced technology * Easy to take with * Long battery life * Able to read Adobe Flash files * Small screen Blackberry Playbook * Security and reliability * True multi-tasking * Able to read Adobe Flash files * Less applications available due to new QNX operating system * No 3G networking c) The Customer Analysis There are five main reasons why people buy tablets: 1) Portability Tablets are lighter and easier to carry compares to the normal computers. Comparing with the Smartphone, people would like to have a bigger screen to view the entire Web page and videos. ...read more.

Conclusion

They have offered a good technology support. Lenovo has completed the acquisition of IBM, so the technology of IBM also supported Lenovo by making high quality products (Lenovo, 2005). 3. SWOT Analysis Strengths * Lenovo Tablets got bigger screen size and it is a core competitive point * Two series of tablets target two different consumer group * Branding influence and consumer loyalty in China * Great organizational resources offer reasonable products * Focusing on emerging markets gives more potential rises in the sales. * Great global supply chain * Lower pricing * Low labor and production cost Weaknesses * Lenovo Tablets are still too heavy compare with iPad * Competitors such as Apple and Samsung * Poor brand influence globally * Limited knowledge of global market * Low global market share Opportunities * Lenovo will benefits from the Chinese Government Policy. * Rapid growing of global market and emerging market * Increasing global demand * Developing more products with the technology of IBM Threats * Heavy competition * Price with other competitors * Low popularity * New entrants to the market 4. Marketing Objectives a) Target at least 20% tablet market share in China at the end of this year. b) Release series of new tablets within one year. c) Double the sales of tablets at the end of this year. 5. ...read more.

The above preview is unformatted text

This student written piece of work is one of many that can be found in our University Degree Marketing section.

Found what you're looking for?

  • Start learning 29% faster today
  • 150,000+ documents available
  • Just £6.99 a month

or


Not the one? Search for your essay title...
  • Join over 1.2 million students every month
  • Accelerate your learning by 29%
  • Unlimited access from just £6.99 per month

See related essaysSee related essays

Related University Degree Marketing essays

  1. Selfriges Marketing Analysis and Strategy

    * To increase market share from 12% to 14% by May 2012. * To increase online customers purchases by 30% by May 2012. * To sell over �12m of the new Selfridge's products line addressed to the over 50's target audience by May 2012.

  2. Dairy Milks current marketing strategy

    This means it should be a product with a unique appeal that is not shared by any of its competitors. The firm does have this in terms of quality and brand name. However, its competitors are now also being associated with quality and brand names which may cause issues.

  1. SWOT analysis on the Virgin Group.

    > Avoid going into market with strong competitors. > Can move operations to countries with lower labour costs. > Expand into China with caution. > Can up date technology so the trains can run effectively (W/T) > Look at turnaround strategies > Avoid taking too many risks > Increase attention to European markets.

  2. Marketing Environments - Chocolate Confectionary Market

    This is an issue that is a particularly sensitive for manufacturers in a market, which is increasingly price pressured, with the rising power of multiple retail grocers making it more difficult for manufacturers to improve their margins through price rises.

  1. Case analysis - Merloni Elettrodomestici spa: Building for Profit.

    For the Boston Consulting Group to create a realistic and workable multibrand organization, they had to trust that Merloni executives, several retained consultants (BCG, BPCS, RSO, SSA, and Computer Vision), and top-quality information processing systems would be able to generate and calculate accurate data (sales and profitability)

  2. Macro-Environmental Analysis.

    In the ice cream market, the offerings of premium and super premium ones are regarded as kinds of differentiation. In this way, some companies will aim to gain market share by focusing on premier or super premium segment whereas the rest will fight for economy ice cream segment, thereby reducing the intensity of competition within the market.

  1. Branding and Marketing at LVMH (Louis Vuitton Moet Hennessy)

    Although Stella was delivering a liked brand promise, it was failing to deliver the actual basic requirements of the brand. Obviously, this minor concern could have huge implications further down the line, had it not been identified so early. Massive problems: If you continually pose these questions to consumers and

  2. History and current position of Cadbury.

    As Mintel (2002) pointed out that the most important factors that influence brand purchase are trusted brand name. Cadbury which is a established firms have brand identification and customer loyalties because of Cadbury's past advertising, product difference. Also, in terms of capital employed, it is good news to Cadbury.

  • Over 160,000 pieces
    of student written work
  • Annotated by
    experienced teachers
  • Ideas and feedback to
    improve your own work