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Samsung, a global conglomerate, places a paramount emphasis on its public image and presentation. Effective promotion is a crucial component of its marketing strategy, and the company allocates substantial resources to ensure its brand is promoted effectively. Samsung employs various promotional strategies, including selective promotion, intensive promotion, and exclusive promotion, to cater to different market segments and achieve its marketing objectives. In this comprehensive academic essay, we will delve into the diverse promotional methods employed by Samsung, analyzing their impact on the company's market presence and brand perception.
Selective promotion is a strategic approach adopted by Samsung, focusing on distributing its products exclusively through intermediaries with specialized skills.
These intermediaries are equipped to effectively market Samsung's products, catering to specific consumer segments. By leveraging selective promotion, Samsung aims to maintain a high level of quality and expertise in its distribution network, enhancing the overall customer experience.
In contrast, intensive promotion seeks to maximize the presence of Samsung products in various retail outlets.
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This approach is designed to capture a larger share of the mass market by ensuring widespread availability of Samsung's offerings. Through intensive promotion, Samsung targets a broad customer base, striving to outperform competitors and establish a strong market presence.
Exclusive promotion is a strategy commonly employed in the luxury segment, emphasizing the exclusivity of Samsung's premium products. High-end devices, such as flagship smartphones and cutting-edge electronics, are often sold exclusively through select intermediaries. This approach aligns with Samsung's goal of positioning its premium products as elite offerings, attracting discerning customers willing to invest in top-tier technology.
Samsung's advertising strategy is distinctive in its approach.
Rather than relying on celebrities to endorse their products, Samsung opts for a more relatable and emotional theme in its campaigns. The company portrays everyday scenarios that are made better through the use of Samsung devices. Whether it's reading a bedtime story to a child or capturing life-changing moments, Samsung's advertisements aim to connect with consumers on a personal and emotional level.
Samsung Electronics places great importance on creating a positive corporate brand identity. Advertising activities are meticulously designed to provide the public with accurate information about the company and its products through fair and high-quality advertisements. This commitment to transparency and authenticity aids consumers in making informed purchasing decisions. Samsung promotes its products through various channels, including trade fairs, print brochures, posters, specification sheets, and its official website.
For advertising targeting Korean consumers, Samsung typically collaborates with advertising agencies to create TV advertisements that comply with legal and ethical standards. Rigorous examinations by advertisement consultation organizations ensure the content meets all necessary criteria. Similarly, printed advertisements undergo scrutiny by in-house committees to ensure ethical compliance. In contrast, overseas subsidiaries and branches of Samsung adhere to the laws, regulations, and ethical standards of the respective countries in which they operate when conducting advertising activities.
Samsung has embraced digital marketing and leverages the internet to its advantage. The company has significantly increased its online advertising budget over the years, recognizing the cost-effectiveness of reaching consumers online. With a strong online presence through more than 50 websites, Samsung delivers real-time promotions and brand messages, driving retail traffic. This digital approach enables Samsung to engage with customers 24/7, providing them with information, support, and exclusive offers.
One notable example of Samsung's direct marketing efforts is the use of innovative direct mail solutions. In one instance, Samsung utilized a Telescoping Folder direct mail solution as part of a multi-wave integrated campaign. This creative mailer featured multiple panels containing information about the featured Galaxy S phone. The compact 5" x 7" mailer effectively conveyed a wealth of information to potential customers.
Personal selling remains a pivotal method for persuading buyers to choose Samsung products. In markets like Great Britain, consumers expect a high level of professionalism and effective communication. Samsung's approach to personal selling reflects its commitment to providing customers with a seamless and informative buying experience. Professionalism and product knowledge are essential components of Samsung's personal selling strategy.
Samsung Electronics Corporation conducts various sales promotion events to nurture customer loyalty. An exemplary event, the "Samsung Sense Academic Festival," has spanned more than a decade. This event is tailored to students and features electronic products such as desktops, laptops, MP3 players, and electronic dictionaries designed to meet students' needs. By engaging students as primary customers and offering them enticing incentives, Samsung fosters lifelong customer loyalty.
Another notable sales promotion involved offering two free pairs of 3D glasses with the purchase of a new 3D TV, enticing customers with added value.
Samsung's corporate philosophy revolves around the core principles of quality and reliability. This philosophy permeates the entire organization, from top management to frontline workers on the production line. Maintaining a strong, positive brand image is of paramount importance to Samsung, and this aligns with the company's commitment to quality.
As part of its public relations efforts, Samsung actively supports sports and cultural activities. Notable examples include sponsorship of the Olympic Games from 1996 Nagano to 2008 Beijing Games and the 2004 Athens Games. Additionally, Samsung has been involved in torch relays in 27 countries and 34 major cities, reaching over 50 million people. These initiatives have led to a 7% increase in awareness and a 15% increase in purchase intention, showcasing the effectiveness of Samsung's public relations endeavors.
Samsung's digital marketing strategies have evolved in response to changing consumer preferences and market dynamics. In 2010, the company gained valuable insights, particularly regarding 3D televisions. While consumers appreciated 3D technology, it did not become the primary driver of TV purchases in 2011. Instead, consumers exhibited a stronger connection and appreciation for Samsung's TV Apps Platform.
Recognizing this shift, Samsung redirected its marketing efforts in 2011 towards Smart TVs. These televisions offered a more comprehensive and interactive experience beyond picture quality. However, consumer confusion regarding both 3D and Smart TVs emerged as a challenge. To address this, Samsung's digital marketing initiatives centered on educating consumers about the benefits and features of Smart TVs.
One significant initiative involved engaging with the vast audience of existing Samsung Smart TV owners. Samsung developed a campaign combining elements of a loyalty program and social media activation. The company leveraged its product support app, allowing consumers to access videos and support materials to optimize their TV experience. This initiative showcased the importance of owned platforms in fostering consumer engagement.
Samsung's success in digital marketing is guided by several key principles:
In conclusion, Samsung's marketing strategies encompass a diverse array of promotional methods, advertising techniques, and digital initiatives. The company's commitment to quality, customer engagement, and innovation has propelled its brand to global prominence. By understanding and adapting to changing consumer preferences and market dynamics, Samsung continues to thrive in the competitive landscape of the technology industry. Whether through selective promotion, emotional advertising, or innovative digital marketing, Samsung's multifaceted approach ensures its continued success in capturing the hearts and minds of consumers worldwide.
Samsung's Multi-Faceted Marketing: Strategies for Success. (2016, May 09). Retrieved from https://studymoose.com/promotion-of-samsung-company-essay
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