Introduction of Huawei Marketing Activities
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 Huawei Marketing Activities
The Huawei
Company found established in 1987 in china. 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).
Initiatives and marketing strategies of Huawei Marketing Activities
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 of Huawei Marketing Activities
Adaptation vs Standardization of Huawei Marketing Activities
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.
Marketing mix of Huawei Marketing Activities
Product of Huawei Marketing Activities
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.
Price of Huawei Marketing Activities
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.
Place of Huawei Marketing Activities
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).
Promotion of Huawei Marketing Activities
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.
Competition (marketing issue)
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.
SWOT Analysis of Huawei Marketing Activities
Strength of Huawei Marketing Activities
·
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 Huawei Marketing Activities
·
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 Huawei Marketing Activities
·
Government green drive
·
Stable free cash flow
·
Reduction of cost of transportation
·
New customers from online channel
Threats of Huawei Marketing Activities
·
Competition is higher in the international
market
·
External forces like government ban Google
services to Huawei
·
Rising raw material damage the profitability
Conclusion of Huawei Marketing Activities
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.
References of Huawei Marketing Activities
Bakator, M. & Petrović, N., 2016. Correlation
between marketing strategy, product quality and promotion on the mobile devices
market in Serbia. Journal of Engineering Management and Competitiveness
(JEMC), 6(2), pp. 67-74.
Ren, L., Xie, G. & Krabbendam, K., 2009.
Sustainable competitive advantage and marketing innovation within firms: A
pragmatic approach for Chinese firms.. Management Research Review, 33(1),
pp. 79-89.
Wu, D. & Zhao, F., 2007. Entry modes for
international markets: Case study of Huawei, a Chinese technology enterprise. International
Review of Business Research Papers, 3(1), pp. 183-196.