10 REASONS WHY NOKIA FAILED.


Ankitsharmappt

Uploaded on Apr 21, 2020

Category Education

PPT on 10 REASONS WHY NOKIA FAILED.

Category Education

Comments

                     

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