Uploaded on Apr 21, 2020
PPT on 10 REASONS WHY NOKIA FAILED.
10 REASONS WHY NOKIA FAILED.
10 REASONS WHY NOKIA FAILED Nokia Moved Too Slowly • Nokia was a pioneer in the smart phone market. • Yet Nokia failed to respond to the iPhone and the shifting consumer demand that came with it. Source: Google image Nokia is not Android or Apple • The world buzzes with talk of Android vs. Apple. • Nokia needed Windows Phone to be a number 1 or number 2 operating system. Source: Google image Nokia phones run Windows • Nokia’s Windows Phone operating system is going to turn a significant amount of the population away simply because it’s associated with Microsoft and Windows. Source: Google image Struggle in North America • Europe and the emerging markets have traditionally been Nokia’s stomping ground, rather than North America. • Apple, BlackBerry and a host of Android phones were the phones of choice for most Americans and Nokia never really gained a strong foothold in America. Source: Google image Emerging market strategy • As their market share in the western world has declined, Nokia has pinned its hopes on growth in emerging markets. • They believe that not everyone can afford a top-end smart phone and aim to provide emerging markets with their traditional feature phones. Source: Google image Nokia don’t have an ecosystem • Smart phones, tablets, PCs and televisions are converging towards ecosystems where consumers with ‘matching’ devices will one day be able to seamlessly transfer to another device. • Nokia exist as just a small subset of the Microsoft Windows ecosystem. Source: Google image Decline Branding • Nokia was once an aspiration brand at the top of their field. Their flagship phones were at the cutting edge. • Their brand is like an aging pop start that you once looked up to and you still respect, but you’re feeling a bit sorry for now because they’ve fallen on hard times. Source: Google image Execution Is Key • Nokia's execution has been shoddy in recent years, it doesn't mean it can't make a comeback with Windows Phone. • In the meantime, however, Nokia is going to go through some rough patches Source: Google image Hurting on Both Ends • Not only did Nokia move too slowly in the smart phone market, it didn't anticipate competition in the lower end of the market. • Other manufacturers like HTC, Huawei and ZTE have attacked Nokia from the low-end in developing markets like China. Source: Google image THANK YOU
Comments