Company description:
The company I have chosen to analyze for the marketing plan strategy project is Apple. Apple is a billion-dollar technology-based company with a variety of products. They offer products such as laptops, headphones, watches, and other technological merchandise. The founder of Apple was Steve Jobs, a business mogul known by millions for his contribution to the company. Apples reputation and quality has led the company to dominate the technological industry and continues to be successful due to their innovative and modern product releases.
Product description:
The product I have chosen for the marketing plan strategy project is the Apple iPhone. Apple has released several versions of their widely popular iPhone, most recently releasing their fourteenth version. Their iPhone is a cellphone with the ability to browse the web, text and call, video call (Facetime), high quality camera, and a variety of additional functions. The iPhones are always updating to newer software, design, and functional use keeping Apple’s target market constantly engaged. Creating a marketing plan strategy for this product can continue to highlight and improve the best techniques to promoting their cellphones.
SWOT analysis for the approved company/product they will be pursuing for their term project/strategy plan. The SWOT should be entered into the discussion board (vs. attaching a Word document) so that all students can easily view and read it.
Provide a brief description of your approved company and the product you are planning to introduce as part of your marketing strategy plan.
State who you think your major competitor is and what type of products they have on the market.
Provide a few sentences about the importance and reason for SWOT analyses and why you are conducting this one.
In a table format, state your company’s strengths, weaknesses and the outside elements that you see as your opportunities and threats. There are many templates online that you can use for this or create your own.
Each section should have at least five elements. Prioritize them by listing the most important element first and the least important last.
List any resource you used at the end of your SWOT. Cite any source you use within the body of your discussion. Always use APA format.
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