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Marketing strategies of smartphones producers

https://doi.org/10.25205/2542-0429-2017-17-4-158-167

Abstract

Smartphones global market is one of the most dynamically developing markets that can be characterized by high level of competition. The growth of smartphones homogeneity, which is a reduction in difference between technical and functional parameters of smartphones produced by various manufacturers, can be considered the market’s specific feature.

The unique situation of high-tech product homogeneity in a fast-growing market is scantily described in specialized literature. The article shows changeability of smartphones global market leaders and explains that the key success factor in such a mature market is marketing.

Based on secondary information, marketing strategies of long standing market leader in sales Samsung and overtaking Apple companies are determined as well as strategies of contenders for leadership – Chinese companies Huawei and Lenovo. It is shown on Lenovo case that inexplicit positioning leads to a loss of the growing market share due to offensive marketing strategies of other Chinese companies. The research results broaden the knowledge of methodical potential of marketing strategies in companies’ activities in competitive markets of homogeneous high-tech products.

About the Authors

Vera Dmitrievna Markova
https://www.ieie.su/persons/markova-vd.html
Institute of Economics and Industrial Engineering SB RAS, Novosibirsk Novosibirsk State University, Novosibirsk
Russian Federation


Mjen Tzinlin
Institute of Economics and Industrial Engineering SB RAS, Novosibirsk Novosibirsk State University, Novosibirsk
Russian Federation


Chzhao Ge
Institute of Economics and Industrial Engineering SB RAS, Novosibirsk Novosibirsk State University, Novosibirsk
Russian Federation


References

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Review

For citations:


Markova V.D., Tzinlin M., Ge Ch. Marketing strategies of smartphones producers. World of Economics and Management. 2017;17(4):158-167. (In Russ.) https://doi.org/10.25205/2542-0429-2017-17-4-158-167

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ISSN 2542-0429 (Print)
ISSN 2658-5375 (Online)