International Marketing activities of
Huawei
Introduction of International Marketing activities
of Huawei
Huawei
company is internationally active that currently serving technology to the
world to make the world smarter. Huawei is the third-largest famous marketing
tycoon in the world who is focusing to grab develop new technology as well as
bring improvements in marketing strategies to grab high market share. The
company always focuses to develop new technologies to attract the world like it
grabbed the attention of the world through developing 5g technology. There are
many competitors of Huawei Company around the world. In this report, the main
focus and concern are to review critically the marketing activities of the
company and to see how they are working. The SWOT analysis is also discussed in
the report to see its strengths and weaknesses around the world, as well as the
competitor analysis, which tells that how they make hurdles for the company in
international marketing. In the last, the summary is also provided.
Background of International Marketing activities
of Huawei
The
Huawei Company found established in 1987 in china. Huawei is basically a
Chinese Multinational Company. This company produces different technological
types of equipment and other devices and advanced technical devices.
RenZhengfei is the founder of Huawei Company. Company is currently
headquartered in Shenzhen (city of China). The number of employees that are
working in the Huawei organization is 190,000 and the Net Income produced by
the Huawei Company is the US $8.656 Billion. Huawei is je of the bestselling
companies in the World.
The
brand is situated in Shenzhen and it is currently based in the three largest
brands in the world. At the starting days of the company in china, it was just
importing the telecommunication parts and spread in china but with the passage
of time, it started to manufacture its own telecommunication devices and became
the national company in china. Now the company sells its products more than 170
countries, as well as a large number of employees, who are working in the
company.
A buyer persona (whom you want to
attract)
The
company always focuses on the quality of the products as well as new
innovations to attract potential buyers and customers. The company is one of
the biggest marketers around the world whose strategically marketed their
products internally to grab the attention of the buyers and hold the high
market share. As Huawei is an Asian Chinese company, it started to attract the
audience of other countries like European counties as well as the United
States. The company did adopt android technology and discovered new innovations
in the products and the marketing was outstanding. The company did focus on
marketing after the development of its devices which boost the sales as well as
removed the hurdles to enter in new market segments (Bakator & Petrović, 2016).
A
world-famous company in the telecommunication industry is Huawei that is
producing the best quality products for its customers to fulfil the needs of
the customers and to satisfy the customers in the best possible ways with the
best possible services.
However,
every company utilizes some marketing strategies and adopt the environment with
the best possible strategies to take the organization to the next level. Every
organization or company requires some marketing and some business strategies to
enter the market or the market of a particular region. Globalization is an important
factor for any company to lead in the world. And hence globalization makes the
company renowned in a different area of the World. Same is the case with
Huawei, it has utilized some marketing strategies and has adapted its
surrounding environment and the general trends in the market to achieve
apposition in the market and to take the Huawei Company to a next level.
Influencing Factors that help in the Internationalization
of the Huawei Company
There
were several factors that help the Huawei company to become the internationally
recognized company of the world and the several influencing factors of the
industrialization of the HuaweiCompany includes the:
To
start with, the key factor that influences Huawei's internationalization way is
the industry as is the main feature of any organization. This is credited to
the uncommon qualities of data and correspondence innovative information
technology items. Information Technology Items items pursue the system impacts
which implies that the items have no or little incentive in separation,
however, create esteem when it is joined with different items. The more clients
use them, the more worth the items have. Dissecting Huawei's internationalization
procedure, we can discover that the business include is the most significant
factor that influences Huawei's entrance mode choice. The industry defines the
major entry position of the Huawei in the market.
Huawei's
outside market passage mode depends on the host advertise condition and
industry highlights. The best mode is the one that helps the organization to
lead internationally in the world and that can assist an organization with
breaking the primary market-adjusted point. Subsequently, Huawei utilizes
diverse section technique in various market and for various items. The second
persuasive factor that helps in the Huawei's internationalization originates
from the way that China, the nation of origin of Huawei, is a creating nation
and the building up nations' howdy innovation items will confront additional
hindrances when they enter worldwide market.
China
is the basic reason for the success of the HuaweiCompany in the international
market. Huawei Organization is subject to the different forces from the PESTLE
categories. The PESTLE Categories include the; Political, Economic, Sociocultural,
Technological, Legal and Environmental. All these factorshelp the Huawei Company
to become an internationally recognized company man the different organizations
in the world.
Initiatives and marketing strategies
of International
Marketing activities of Huawei
Huawei
takes the marketing of company branding as well as strategies very serious
because the marketing strategies can increase the sales of the company as well
as due to the marketing strategy, the company can estimate its pricing and
promotional activities better. The powerful and effective strategy which is
found of Huawei to enter in new markets is the marketing mix strategy. It looks
very light or simple strategy but it is most effective because it provides more
information and technique to grab high market share (Wu & Zhao, 2007).
Global
marketing strategies
The 4P’s Strategy of the Huawei
Company for the marketing
The
4p’s Strategy of the Huawei Company for the marketing of the of the products
include the;
Product of International Marketing activities
of Huawei:
In
product strategy, the company must have to focus on the desire of the buyer as
well as the trends as well as the future trends of the market. The product must
be developed according to the new technology as well as new trends in the world
and must have to focus on what other companies and competitors are developing.
For setting new trends, the company should have to make new innovatory
software, new technology as well as the new shape of the devices should launch
because if the company focuses on beauty and classics, the product will be
famous more.
The
item methodology and blend in Huawei advertising system can be clarified as
pursues:
Huawei
is a main versatile organization that is developing the most innovative
technical device, handsets and the different telecom equipment for the
different companies. Huawei is divided into two basic divisions of the business
and each division has different characteristicsand every division has its
product offering in its advertising blend that obliges distinctive objective
crowd.
·
Huawei Consumer items: Some of the item
offerings in this portion are: PC and the tablets, the cell phones of the
Huawei, mobile broadband, wearabledigital watches and many other accessories of
the mobile phones are included.
·
Huawei offers the following products in
the system.
Ø Enterprise
item: This product includes the WLAN, Switches,
Network energy services, the cloud computing services, storage, Routers and
many other more things.
Ø Carrier items: These items include the cloud
core network, the fixed network, the carrier software, energy and the global
services and the Wireless network s and the IT infrastructures.
Ø Others:
The other items include the Smart array controller, the Smart PV
Controller, the Smart Pv management systems.
Huawei
items are utilized in different enterprises like Public wellbeing, Government,
Railway, control matrix, instruction, media and diversion, Finance and so
forth.
Price of
International Marketing activities of Huawei:
The
company must have to consider the budget of the buyers because every buyer
cannot buy a very expensive device. The company should launch the variants as
well as try to set prices in low range, mid-range and high range mobile phones
which can be purchased and available in the market easily. The reason is that
the customer always prefers to buy cheap products.
In
Huawei promoting techniquevaluing system is presented below:
Huawei
faces extreme challenges from different competitors in the market from Cisco
System, Apple, ZTE organization, andEricson. In the industry of media
transmission, contender quantities are quite common. Considering this Huawei is
pursuinga focused valuing procedure to promote Huawei products.The purpose for
evaluating system is that purchasers (customers) have strong bargaining power
and they can easily switch to competitor products because of low switching
cost.Company is consistently centringin the markets by providing the best
quality products to their customers as valuing are almost same by all
contenders. Company is also charging additional expenses for its innovativenew
products that are not currently included in the product contender offers.In
past and now, Huawei Company ever paid attention to versatility valuing
approach and gives rebate on offered products by the e-commerce websites.For
enterprise business division, Huawei Company has set relatively high prices and
premium offers regarding all arrangements as well as inventive products.
Place of
International Marketing activities of Huawei:
The
placing strategy is very important for any company in the world. The company
should have to set the place before research, whether the area or region is
capable to adopt this technology or the political factor, are providing
facilities including the freedom to play in the market openly. If legislations
put limitations for the business then the company should have to choose that
area after confirmation (Ren, et al., 2009).
Following
is the appropriation methodology of Huawei:
Huawei
Company is working worldwide with almost 170 nations. Statistics represent that
company is having around 1.7 lakh representatives. However more than 76, 000
are only serving in the 21 research and development (R&D) offices in various
geographical areas. Huawei Companyis serving around 33% of the populace with
more than 1500 systems conducted in various countries.Huawei has been chipping
away to create joint endeavours with specialist and organization in the neighbouring
countries to support specialists profit to use products of Huawei company.Company
has an open conveyance arrange that is incorporating with distributer,
providers, salesman, and all other intermediaries of the supply chain.The
company don't legitimately manage the customers.In addition, joint endeavours
among Huawei Company and neighbourhood authority manufactures are not shaped
according to recent requirements.
Huawei
Company sells its items through its site too.
Promotion of International Marketing activities
of Huawei:
The
company should have to start marketing by using promotional activities and the
company already does. They should have to invest a large amount in the
promotion for the awareness of the buyer. Some kinds of events, as well as some
campaigns in the malls or public centers, should be conducted by the company
Huawei
advertising procedurerelates to a publicizing system and limited time. Further
details are presented below:
Huawei
Company isutilizingOmni channels toensuring advancement in its offered products
and betterment in the market image. Huawei Company is also involved in some
special exercises for showcasing blend on print, internet, television, radio,
and sponsorships. For image envoy in the globe, Huawei company is procuring
Lionel Messi (football player). Moreover, in advertisements, Huawei Company is
also hiring and taking benefit from celebrities such as Scarlett Johansson and Henry
Cavil. Furthermore, Huawei Company is also offering discount offers and coupons
to get the attraction of customers in the competitive market. Company is also
taking part in various events, occasions, as well as support from groups such
as La Lia and Norwegian Ski league.Huawei Company is having e-commerce
networking media for handling customer issues and ensure full availability of
brand products in the market. As a result of this overall advertising and
promotional blend is covered by Huawei Company.
Competition (marketing issue)
of International
Marketing activities of Huawei
Currently,
there are some strong competitors exist in the market who can give a tough time
to Huawei like Apple inc. Samsung, Oppo, Xiaomi, Vivo, Sony, Motorola, and LG.
They are also serving in the same market effectively who create some problems
in the market to make their monopoly.
Adaption Strategies and Standardization
of International
Marketing activities of Huawei
Huawei
brought various improvements in their products for adaptation for the local
area user of technology. The standardization of Huawei GMS reputes for offering
of the product, pricing, promotional mix as well as the distribution on the
basis of the globalization. Furthermore, it can also be most influential
characteristic of the GMS as several studies conducted on the globalization of
marketing strategies of the Huawei. With the cognitive impairment, the theory
of development initiated at the time of first raised in 1961. An international
market enter modes are followed by the company form the exporting to build up
subsidiaries as well as the exporting to the joint ventures. The company is
also taking advantage of its growth in the several industrial standards by
becoming the international technology and business leader and it also holds
more than twenty key positions in the international standards organization. So,
with the help of such leadership platform, the company can develop new IT
policy for future plans as well as it will also helpful to compete with others
in international market.
Furthermore,
Huawei developed the standardized products and distribute them internationally
with the standardized marketing mix strategy. The standard products made by the
company according the local needs of the customers. In simple words, the
company manufactured some limited additions products after segmentation and
distributed in the selected markets. The prices of the products were also least
from other devices. Due to low price, the company succeeded to attract the
potential buyers in the world. Moreover, Huawei minimizes the costs on each
products while it maximize the user satisfaction and that was great
achievement.
In
the Global Marketing Strategy, Standardization is utilized in terms of the
product offering, price, the promotional mix, distribution and the other
marketing ways on a global and a worldwide basis. Standardization is also known
as the most influencing aspects that can be in the GlobalMarketingStrategy.
According to different researchers and different scholars, there are four
different standardization indicators including the: product standardization,
promotion standardization, standardized channel structure, and price
standardization.
The
promotion standardization is referred to as the promotional activities
regarding the company in different countries. Huawei has different global
promotional activities running in the different parts of the world.
Item
institutionalization alludes to how much an item is institutionalized crosswise
over nation markets. In Huawei, there is three distinctive business bunches
centre around various items. Basically in telecom vocation, the items are under
the equivalent standard yet in addition modified to fulfil the neighbourhood
markets. Alluding to the client profession, the items have the equivalent
qualities. Clients could purchase similar items in various nations. Advancement
institutionalization alludes to how much the equivalent special blend is
executed over nation markets. Huawei has the worldwide advancement exercises
which included every one of the clients on the planet, for example, Huawei
Connect Congress 2016, and furthermore has unique advancement exercises in
various locales, for example, Western Europe Accomplice Summit 2016. The
advancement exercises draw in various gatherings of clients and could bring
more advantages. Institutionalized channel structure implies how much a firm is
using a similar structure of achannel crosswise over nation markets. Companyis
also having 2 order of channel accomplices. Level 1 accomplices incorporate
wholesalers and worth included accomplices (VAPs) and Tier 2 accomplices
incorporate gold, silver and approved accomplices. The standard channel
structure causes Huawei to acquire productivity in finding the right
accomplices and distinguish the collaboration. Institutionalized cost implies
how much the firm utilized a similar cost over nation showcase. As a worldwide
organization, selling the items in various nations, Huawei draws up the various
costs to adjust the nearby circumstances.
The Core Values of Huawei in the
development of the Company towards a great position
Clients First
The
major aim of Huawei is to provide products to fulfil customer needs. Customer
requirements and requests are the reason for advancement.Being respective of
customer needs company to consider it-self as an incentive for its customers.
Company measures and neutralizes its customer worth as it can just prevail through
the prosperity of their customers.
Commitment of International Marketing
activities of Huawei
Huawei
Company is focused to win customer’ regard and trust by meeting their
commitments made with customers. Company is making incentives for customers as it
is incorporating with each exertion and improving capabilities.Company esteem
prize and commitmentsin like manner.
Nonstop Improvement of International
Marketing activities of Huawei
Nonstop
improvement is required for us to turn out to be better accomplices for our
clients, improve our organization and develop as people. This procedure
necessitates that we effectively tune in and learn so as to improve.
Transparency and Initiative of
International Marketing activities of Huawei
Company
is mainly a customer oriented company. Customer needs drive operations of
Huawei Company. As company energetically seek advancement and benefits of the
customer after purchasing products. Moreover, the company accept that business
achievementand success are definitive proportions of estimation about
innovation, products, and procedure improvement.
Respectability of International
Marketing activities of Huawei
Another
important resource is respectability.Respectability encourages us to stay
trustworthy, and faithful as well as act genuinely to obligations in this
manner, towin regard and trust of our customers.
Collaboration of International
Marketing activities of Huawei
We
can just prevail through collaboration. By working intently in both all kinds
of challenges, we establish the framework for effective diverse coordinated
effort, streamlined between departmental collaboration and proficient
procedures.
Source; https://d3i71xaburhd42.cloudfront.net/7aeaa448b9fa3fb9019fc2c4f1adf336fac00fd3/5-Figure3-1.png
The Major Marketing strategies of the
Huawei
Evaluating Strategy of International
Marketing activities of Huawei
Value
skimming methodology is followed by the company to keep its customer value and
product demand higher than other contenders.Moreover, to ensure an objective
market fixe on the level. Although, management of the company consider that company
should recuperate expenses as benefits. We all know companies always seek the
long term benefits that last for generations.
Distribution Strategy of
International Marketing activities of Huawei
Huawei
contributes to the distribution of its products in different parts of the
World. This is another marketing strategy.
Appropriation channels of
International Marketing activities of Huawei
Following
the portion of the appropriation directs:
Ø Portable
Zone
Ø TeleTech
Ø Joined
Mobiles
Ø Advance
Situating Strategy of International
Marketing activities of Huawei
Product
situatingstrategydepends on how a product or overall brand is depicted in the
minds of its targeted customers.Considering this, Huawei Company needs to situate
products regarding the needs of customers, for instance, agents, officials and
understudies.
Product Strategy of International
Marketing activities of Huawei
1. Item Mix
Product
Mix of Huawei Companyincorporates essential Smartphones, telephones, as well as
Touch screen mobilesthat are developed in accordance with the customer
requirements and needs.
2. Item Attributes of International
Marketing activities of Huawei
1. Longer
Battery life
2. Easy
to understand
3. Great
camera
4. Longer
talk time
5. Video
recorder
6. Fluctuating
and dynamic costs
3. Item Benefits of International
Marketing activities of Huawei
1. All
customers are fully satisfied (positive feedback).
2. High
Quality with stability
3. Various
models and bundles
4. Item
comes indefensive bundling (with steady quality).
5. The
global brand serving the same modelsin many national markets.
4. Item Offering of International
Marketing activities of Huawei
Huawei
is giving two unique classifications in cell phones.
Advanced
mobile phones
Contact
Phones
5. Product offering of International Marketing activities
of Huawei
Huawei
is offering its products in different forms and different ranges;
Ø Touch
Phones
Ø Smart
Phones
Advertising and Promotion Strategy of
International Marketing activities of Huawei
Company
cover various parts of promoting correspondence with promotion blend,
advertisement blend, and advancement speaks.It correspondences of data about
the items aimed to produce positive customer feedback towards offered products.
Promoting correspondence choices include:
v Correspondence destinations of
International Marketing activities of Huawei
Use
communicate media to give inclusion of 80% of the objective market over a multi
month time span. Arrive at 60% objective crowd, in any event, multiple times
over the half-year time frame.
v Organization Selection of
International Marketing activities of Huawei
Right
around one hundred and thirty-five (135) Advertising offices are working in the
market and Huawei Company needs tochoose that Advertising Company which has a
positive reputation because ofextraordinary work in the local markets of
Pakistan.
v Communicate media of International Marketing activities
of Huawei
Company
is following a methodology for advancementthat is to utilize every one of the
channels to elevate the item and to make the steadfast clients or brand
clients. Just by overwhelming advancement organization can accomplish the
objective by utilizing the 360-degrees of advancement it implies every one of
the channels of advancements including electronic media, digital media and
print media. For television plugs see Ethical Marketing Report.
v Publicizing of International
Marketing activities of Huawei
Huawei
must publicize the item in a way that it will draw in the clients and overall
population who can get it or who manage the cost of it.
These
are the major strategies that are utilized by the Huawei to make its position
in the world and to take the company to the next higher level.
The
major marketing strategies of Huawei make it one of the most famous companies
in the world.
SWOT Analysis of International Marketing activities
of Huawei
Strength of International Marketing
activities of Huawei
·
Production is demand-based
·
Focus on new technology (AI)
·
For promotional activities, the company
invest a large amount of money
·
Strong free cash of flow
·
Successful track of record
·
Dealer community is very strong
·
Strong Portfolio
·
Highly skilled developers, employees, and
marketing team
Weaknesses of International Marketing activities
of Huawei
·
Gaps in the product range
·
Marketing of devices left a lot to desire
·
High attrition rates in the workforce
·
Financial planning is not done
appropriately
·
Net contribution and profitability ratio
are below the average of the industry
Opportunities of International Marketing activities
of Huawei
·
Government green drive
·
Stable free cash flow
·
Reduction of cost of transportation
·
New customers from online channel
Threats of International Marketing activities
of Huawei
·
Competition is higher in the international
market
·
External forces like government ban Google
services to Huawei
·
Rising raw material damage the profitability
Conclusion of International Marketing activities
of Huawei
It
is concluded that Huawei is the third-largest famous marketing tycoon in the
world who is focusing to grab develop new technology. The company always
focuses to develop new technologies to attract the world like it grabbed the
attention of the world through developing 5g technology. The company is one of
the biggest marketers around the world whose strategically marketed their
products internally to grab the attention of the buyers and hold the high
market share. The powerful and effective strategy which is found of Huawei to
enter in new markets is the marketing mix strategy. The swot analysis is also
performed to see the strengths, weaknesses, opportunities, and threats.
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of Huawei
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