IN INDIA
Group Members
Name Roll No
ANSHU TIWARI 2012098 SHOAIB SAYYED 2012080SHOAIB SHAIKH 2012078RUPESH SHARMA 2012081
This Idea of ‘Connecting People’ by Nokia provides Service to people with the help of the
Products”
Introduction
Nokia owns a company named Nokia Solutions and Networks, which provides telecommunications network equipment and services.
Nokia was the world's largest vendor of mobile phones from 1998 to 2012.
However, over the past five years its market share declined as a result of the growing use of touch screen smart phones from other vendors—principally the iPhone, by Apple, and devices running on Android, an operating system created by Google—in which Nokia did not take enough advantage of.
As a result, the corporation's share price fell from a high of US$40 in late 2007 to under US$2 in mid-2012.
Contd..
As of 2012, Nokia employs 101,982 people across 120 countries, conducts sales in more than 150 countries, and reports annual revenues of around €30 billion.
By 2012, it was the world's second-largest mobile phone maker in terms of unit sales (after Samsung), with a global market share of 18.0% in the fourth quarter of that year.
Nokia is a public limited-liability company listed on the Helsinki Stock Exchange and New York Stock Exchange.
It is the world's 274th-largest company measured by 2013 revenues according to the Fortune Global 500.
About The Company
• Nokia Corporation (NYSE: NOK) is one of the world's largest telecommunications equipment manufacturers.
• Headquarters in Keilaniemi of Espoo, Finland .
• Nokia provides mobile communication equipment for every major market and protocol, including GSM, CDMA.
• Nokia was established in 1865. The name Nokia originated from the river which flowed through the town of the same name (Nokia).
History
1865: The birth of NokiaFredrik Idestam establishes a paper mill at the Tammerkoski Rapids in south-western Finland, where the Nokia story begins.
1898: Finnish Rubber Works foundedEduard Polón founds Finnish Rubber Works, which will later become Nokia's rubber business.
1912: Finnish Cable Works foundedArvid Wickström starts Finnish Cable Works, the foundation of Nokia's cable and electronics businesses.
Contd..
1937: Verner Weckman, industry heavyweightFormer Olympic Verner Weckman becomes President of Finnish Cable Works.
1960: First electronics departmentCable Works establishes its first electronics department, selling and operating computers.
1962: First in-house electrical deviceThe Cable Works electronics department produces its first in-house electrical device - a pulse analyzer for nuclear power plants.
Contd..
1967: The mergerNokia Ab, Finnish Rubber Works and Finnish Cable works formally merge to create Nokia Corporation.
1979: Mobira Oy, early phone makerRadio telephone company Mobira Oy begins life as a joint venture between Nokia and leading Finnish television maker Salora.
1981: The mobile era beginsNordic Mobile Telephone (NMT), the first international mobile phone network, is built.
Contd..
1982: Nokia makes its first digital telephone switchThe Nokia DX200, the company’s first digital telephone switch, goes into operation.
1991: GSM – a new mobile standard opens upNokia equipment is used to make the world’s first GSM call.
1992: Jorma Ollila becomes President and CEOJorma Ollila becomes President and CEO of Nokia, focusing the company on telecommunications.
Contd..
1992: Nokia’s first GSM handsetNokia launches its first GSM handset, the Nokia 1011.
1994: Nokia Tune is launchedNokia launches the 2100, the first phone to feature the Nokia Tune.
1994: World’s first satellite callThe world’s first satellite call is made, using a Nokia GSM handset
Contd..
1997: Snake – a classic mobile gameThe Nokia 6110 is the first phone to feature Nokia’s Snake game.
1998: Nokia leads the worldNokia becomes the world leader in mobile phones.
1999: The Internet goes mobileNokia launches the world's first WAP handset, the Nokia 7110.
Contd..
2002: First 3G phoneNokia launches its first 3G phone, the Nokia 6650.
2003: Nokia launches the N-GageMobile gaming goes multiplayer with the N-Gage.
2005: The Nokia Nseries is bornNokia introduces the next generation of multimedia devices, the Nokia Nseries
Contd..
2005: The billionth Nokia phone is soldNokia sells its billionth phone – a Nokia 1100 – in Nigeria. Global mobile phone subscriptions pass 2 billion.
2006: A new President and CEO – Nokia todayOlli-Pekka Kallasvuo becomes Nokia’s President and CEO; Jorma Ollila becomes Chairman of Nokia’s board. Nokia and Siemens announce plans for Nokia Siemens Networks.
2007Nokia recognized as 5th most valued brand in the world. Nokia Siemens Networks commences operations. Nokia launches Ovi, its new internet services brand.
Contd..
2008Nokia's three mobile device business groups and the supporting horizontal groups are replaced by an integrated business segment, Devices & Services.
Range Of Prodcuts
Nokia E7Nokia N8 Nokia C6
Nokia 5800Navigation Edition
Nokia Booklet 3G
Nokia X6 Nokia X3 Nokia N97 mini
HQThe Nokia House, Nokia's head office located by the Gulf of Finland in Keilaniemi, Espoo, was constructed between 1995 and 1997.
CompanyBrief
Nokia India Pvt. Ltd. designs, manufactures, and markets mobile phones and communication network devices. It offers mobile phones and devices based on the GSM/EDGE, 3G/CDMA, and CDMA cellular standards under the Nokia brand.
In addition, it offers services and software through mobile devices in the areas of advertising, business, entertainment, navigation, and social communities. Further, the company provides wireless and fixed network infrastructure, communications, and networks service platforms.
In July 2011, Nokia was recognized as the best place to work in Central America and the Caribbean for its great culture and work environment. It was also selected for Economic Times Most Trusted Brand in India in 2010, at the number one position.
It is a fast paced organization with a competitive work environment. It appreciates novel suggestions from its people. It is multicultural and believes in just treatment for its employees
SWOT ANALYSIS
Marketing strategy
Marketing strategy of a company in a new country plays a vital role in determining its future in that country. Knowing that Indian market is very different from other market sit was already operating in,
Nokia came up with an India–specific strategy or a global strategy.
It adapted the to Indian conditions by launching new products and enhancing the products with features designed specifically for local customers, as well as promotional campaigns targeted at Indian audience to gain a foothold in the market.
To capture the wide spread Indian market, it developed an extensive distribution network which also helped it take its products to rural markets in India.
Here, to discuss the strategy, we consider the simple concept of 4 P’s, namely; product (customization), price, place (distribution) and production.
Marketing MIX
The 4 P’s involved with a communications giant is very important as they are directly linked to the customer’s preference
Contd..
Product
For a successful marketing mix, creating the product according to the demand in the market is very important.
Quality, Appearance, Packaging, Brand, Service, Support, Warranty
Price
The price is an important factor as it decides the level of interest of the consumer towards the product.
Discounts, Financing, Leasing, Options, Allowances.
Contd..
Place
The place of distribution is very important as it should be convenient for the consumer to access it and should be available at various locations.
Logistics, Channel Members, Channel Motivation, Market Coverage, Service Levels, Internet, Accessibility.
Promotion
Nokia performs both above the line and below the line forms of advertising.
Front Line Service, Public Relations, Message, Sales, Media etc.
Competitors
I Phone-Apple Samsung Micro Max Karbon Htc
Market Share
Nokia Latest Mobiles
Nokia Upcoming Mobiles
Future Plans
Mobile phone maker Nokia is down, but not out. The company’s India division claims it is leaving no stone unturned in trying to reclaim its top spot in the growing Indian mobile phone market.
Speaking on the sidelines of the launch of new phones in Nokia’s Lumia series, Viral Oza, director-marketing, Nokia India, told The Hindu about the company’s strategies, its USP and its most ambitious offering in its smart phone Lumia series – the Lumia 920.
HELSINKI — Nokia shares surged on Monday after it announced plans to buy out Siemens AG’s share of their network equipment joint venture, betting on the technology to run 4G networks as it struggles in the smartphones business.
CONTD..
Loss-making Nokia gains full control of the profitable venture Nokia Siemens Networks (NSN) for US$2.2 billion, a cheaper than-expected price, analysts said, though they also noted the acquisition would put pressure on Nokia’s balance sheet.
Nokia Corporation Stock Exchange Release July 1, 2013. Espoo, Finland and Munich, Germany - Nokia
Corporation and Siemens AG today announced that they have entered into a definitive agreement pursuant to which Nokia acquires Siemens' entire 50% stake in their joint venture, Nokia Siemens
Nokia has is to make sustained growth. For this, we have been executing on three pillars: future disruption, connecting the next billion. Innovation gives us the competitive edge,”.
CONTD..
The acquisition has been approved by the Board of Directors of Nokia as well as the Managing and Supervisory Boards of Siemens, and is subject to the customary regulatory approval process.
The purchase price for Siemens' stake is EUR 1.7 billion and the transaction is expected to close during the third calendar quarter of 2013. Upon closing of the planned acquisition, Nokia Siemens Networks will become a wholly owned subsidiary of Nokia.
Nokia is pleased with these developments and looks forward to continue supporting these efforts to create more shareholder value for the Nokia group.“
SUGGESTIONS AND RECOMMENDATIONS
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Prof.VIVEK