Nokia SWOT Analysis FK
Nokia SWOT Analysis FK
Nokia SWOT Analysis FK
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Introduction
Nokia is of the largesttelecommunicationmanufacturercompany and is known globally for its
reliable and good quality products. It has good reputation all around the world. It
is leading brand in some areas and still growing day by day.
Vision
Voice goes mobile………….if it can go mobile…………………….it will.
Mission
Connecting people.
Its distribution network is wide globally so the products are easily available for the target
customers.
Nokia has also strong finances which make it possible to make innovations
easily. Nokia products are easy to use for everyone, even an illiterate person in some
developing countries use Nokia easily.
Nokia has high range of products which is attractive for the customers.Nokia mobile sets have
high re-sell value as compared to others which is favorable for Nokia as well as for the
customers.
Weaknesses
Nokia have high prices as compared to others but its good quality and reliable products
somehow cover this weakness of Nokia but still it is weakness and lower class is unable to
purchase Nokia products.
Some of the Nokia products are not user friendly which didn’t get success in the market.
Nokia’s sales and service centers are very few therefore its after sale service is not impressive.
If the customers face the problem in the product then they have to face difficulty.
Opportunities
Nokia can expend its market share by introducing brand in new marketand by catering new
target market as well.
It can also capture more market share and attract more customers in existing market by
changing price and introducing new product range and also by innovating product features of
existing products.
Telecommunication market is growing rapidly and more people are being interested towards the
industry so it is great opportunity forNokia to expand market share and to grow as well.
Through excessive advertisement and effective market communication it can strong its
reputation and increase its sales and also create good brand image among the people.
Nokia itself becoming the item of everyday convenience the day is not so far that it will become
the item of every day use.
Threats
As the telecommunication industry is increasing with that not only opportunities increasing but
also threats are equally increasing with the growth of the telecom industry.
The completion is getting explosive with the growth of the market. More and more competitors
are entering in the market which is a big threat for Nokia.
Some competitors offer products at low prices and as the economy is falling down the
customers are more attracting towards the products of low prices. So those competitors can
take away the market share ofNokia.
Another threat for Nokia is the growth of WLL network because Nokiaprovides CDMA cell
phones so its products can go toward the down fall with the rise of WLL network.
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presentation is super
Appreciated.
niceone
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○ Too much dependence on few models
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Opportunities
○ Apple is expected to introduce a new mobile advertising platform for the iPhone, iPod touch,
and iPad. The introduction of this advertising platform represents an opportunity for new
revenue sources.
Threats
○ Apple is involved in several legal actions, including lawsuits alleging patent infringement and
antitrust violations. Many of the suits are from smaller companies, but notable plaintiffs include
Nokia. These lawsuits present a threat because of the possibility of unfavorable judgments and
the ongoing costs associated with legal defenses.
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References
• Apple: Investor Relations
• Anthony C. Danca: Swot Analysis
• U.S. Securities and Exchange Commission: Form 10-Q
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SWOT Analysis
Strengths Weaknesses
Internal -Popularity -Word of mouth
-well known -lack of popularity of many Coca
-branding obvious and easily Cola’s brands
recognized -Most unknown and rarely seen
-A lot of finance -result of low profile or non-existent
-customer loyalty advertising
-International Trade -health issues
Threats Opportunities
External -changing health-consciousness -many successful brands to pursue
attitude -advertise its less popular products
-legal issues -buy out competition.
-Health ministers -More Brand recognition
-competition (Pepsi)
Opportunities- Coca Cola has a few opportunities in its business. It has many successful
brands that it should continue to exploit and pursue. Coca Cola also has the opportunity
to advertise its less popular products. With a large income it has the available money to
put some of these other beverages on the market. This could be very beneficial to the
company if they could start selling these other products to the same extent that they do
with their main products. Another opportunity that we have seen being put to use before
is the ability for Coca Cola to buy out their competition. This opportunity rarely presents
itself in the world of business. However, with Coca Cola’s power and success, such a
task is not impossible. Coca Cola has bought out a countless number of drink brands.
An easy way to turn their profit into your profit is too buy out their company. Even though
this may cost a vast amount of money initially, in the long run, if all goes to plan, it
results in a large profit. Also, the company will no longer need to worry about this
product being part of the competition. Brand recognition is the significant factor affecting
Cokes competitive position. Coca Cola is known well throughout 90% of the world
population today. Now Coca Cola wants to get there brand name known even better and
possibly get closer and closer to 100%. It is an opportunity that most companies will ever
dream of, and would be a supreme accomplishment. Coca Cola has an opportunity to
continue to widen the gap between them and their competitors.
Threats- Despite the fact that Coca Cola dominates its market, it still has to deal with
many threats. Even though Coca Cola and Pepsi control nearly 40% of the entire
beverage market, the changing health-consciousness attitude of the market could have
a serious effect on Coca Cola. This definitely needs to be viewed as a dominant threat.
In today’s world, people are constantly trying to change their eating and drinking habits.
This could directly affect the sale of Coca Cola’s products. Another possible issue is the
legal side of things. There are always issues with a company of such supreme wealth
and popularity. Somebody is always trying to find fault with the best and take them
down. Coca Cola has to be careful with lawsuits. Health minister could also be looked at
as a threat. Again, some people may try to exploit the unhealthy side of Coca Cola’s
products and could threaten the status and success of sales. Other threats are of course
the competition. Coca Cola’s main competition being Pepsi, sells a very similar drink.
Coca Cola needs to be careful that Pepsi does not grow to be a more successful drink.
Other product such as juices, coffee, and milk are threats. These other beverage options
could take precedent in some people’s minds over Coca Cola’s beverages and this
could threaten the potential success it presents again.
FAC
TS
SWO
T
ANA
LYSI
S
Ads by Google
Strengths Weaknesses
Internal -Popularity -Word of mouth
-well known -lack of popularity of many Coca
-branding obvious and easily Cola’s brands
recognized -Most unknown and rarely seen
-A lot of finance -result of low profile or non-existent
-customer loyalty advertising
-International Trade -health issues
Threats Opportunities
External -changing health-consciousness -many successful brands to pursue
attitude -advertise its less popular products
-legal issues -buy out competition.
-Health ministers -More Brand recognition
-competition (Pepsi)
Opportunities- Coca Cola has a few opportunities in its business. It has many
successful brands that it should continue to exploit and pursue. Coca Cola
also has the opportunity to advertise its less popular products. With a large
income it has the available money to put some of these other beverages on
the market. This could be very beneficial to the company if they could start
selling these other products to the same extent that they do with their main
products. Another opportunity that we have seen being put to use before is
the ability for Coca Cola to buy out their competition. This opportunity rarely
presents itself in the world of business. However, with Coca Cola’s power
and success, such a task is not impossible. Coca Cola has bought out a
countless number of drink brands. An easy way to turn their profit into your
profit is too buy out their company. Even though this may cost a vast amount
of money initially, in the long run, if all goes to plan, it results in a large profit.
Also, the company will no longer need to worry about this product being part
of the competition. Brand recognition is the significant factor affecting Cokes
competitive position. Coca Cola is known well throughout 90% of the world
population today. Now Coca Cola wants to get there brand name known
even better and possibly get closer and closer to 100%. It is an opportunity
that most companies will ever dream of, and would be a supreme
accomplishment. Coca Cola has an opportunity to continue to widen the gap
between them and their competitors.
Threats- Despite the fact that Coca Cola dominates its market, it still has to
deal with many threats. Even though Coca Cola and Pepsi control nearly
40% of the entire beverage market, the changing health-consciousness
attitude of the market could have a serious effect on Coca Cola. This
definitely needs to be viewed as a dominant threat. In today’s world, people
are constantly trying to change their eating and drinking habits. This could
directly affect the sale of Coca Cola’s products. Another possible issue is the
legal side of things. There are always issues with a company of such
supreme wealth and popularity. Somebody is always trying to find fault with
the best and take them down. Coca Cola has to be careful with lawsuits.
Health minister could also be looked at as a threat. Again, some people may
try to exploit the unhealthy side of Coca Cola’s products and could threaten
the status and success of sales. Other threats are of course the competition.
Coca Cola’s main competition being Pepsi, sells a very similar drink. Coca
Cola needs to be careful that Pepsi does not grow to be a more successful
drink. Other product such as juices, coffee, and milk are threats. These other
beverage options could take precedent in some people’s minds over Coca
Cola’s beverages and this could threaten the potential success it presents
again.