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New Product Strategies for
Apple

Presented By:
Nilesh Somaiya

Richa Chatterjee
What is NPS..????
A product strategy is the ultimate vision of the
product, as it states where the product will end
up.
 By setting a product strategy, you can
determine the direction of your product efforts.
Elements of a product strategy
 What are you selling?
 What value do you provide your customers?
 How will you price your product?
 How will you distribute your product?
 What will be target market?
Three Types of NPS
 Product improvement modification
 Product imitation
 Product innovation
Apple
About Apple
• One of the top 10 IT company by revenue.
• 3rd largest phone maker.
• 408 retail stores in fourteen countries
Personal
computer

Portable digital music player

Mobile
Not only Personal Computers…
…but also Portable Devices
rs
OR
Product Improvement Modification
 Embrace widgets

 Make the Unlock Screen More Useful
 Improve the Web Browser
 Improve the Calendar

 Improve the Email App
Contd…
 Improve the keyboard
 Improve the App Switcher

 Add a File System
 Support Adobe Flash Video
 Better Bluetooth Support
Product Imitation
 eMachines eOne
 Smart Cases
 Samsung S i9000
 Smart Watches
 Speerit
 Gooapple V5 3G
 Dell XPS 15z
 Asus Eee Top PC
 Every tablet, ever
 Samsung Chromebox
Product Innovation
 The iPads are thinner and sharper
 Sustaining Innovation
Two ways to develop NPS
Price-Based Product Strategy
Product Differentiation
Steps to develop NPS
Define your product
An accurate description of the product
planning will help keep you and your team
focused and avoid NPD pitfalls such as
developing too many products at once, or
running out of resources to develop the
product.
Identify market needs
 What is the target market for the product I am
proposing?
What does that market need?
What is the benefit of my proposed new
product?
What are the market's frustrations of existing
products of its type?
 How will the product fit into the current
market?
 What sets this product apart from
its competition?
Establish time frames
 Need to allow adequate time to develop and
implement your new products.
 Be thoughtful and realistic.
Identify key issues and approaches
 generating and screening ideas
developing and screening concepts
testing concepts
analyzing market and business strategy
developing and market testing products
implementing and commercializing products
7 Key Strategies of Apple’s Marketing
 Ignore Your Critics
 Turn the Ordinary into Something Beautiful
 Justify Your Price
Communicate in the Language of Audience
 Extend the Experience
 Build a Tribe
 Become “The Name”
New product strategies for apple sm

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New product strategies for apple sm

  • 1. New Product Strategies for Apple Presented By: Nilesh Somaiya Richa Chatterjee
  • 2. What is NPS..???? A product strategy is the ultimate vision of the product, as it states where the product will end up.  By setting a product strategy, you can determine the direction of your product efforts.
  • 3. Elements of a product strategy  What are you selling?  What value do you provide your customers?  How will you price your product?  How will you distribute your product?  What will be target market?
  • 4. Three Types of NPS  Product improvement modification  Product imitation  Product innovation
  • 6. About Apple • One of the top 10 IT company by revenue. • 3rd largest phone maker. • 408 retail stores in fourteen countries
  • 8. Not only Personal Computers… …but also Portable Devices
  • 9. rs
  • 10. OR
  • 11. Product Improvement Modification  Embrace widgets  Make the Unlock Screen More Useful  Improve the Web Browser  Improve the Calendar  Improve the Email App
  • 12. Contd…  Improve the keyboard  Improve the App Switcher  Add a File System  Support Adobe Flash Video  Better Bluetooth Support
  • 13. Product Imitation  eMachines eOne  Smart Cases  Samsung S i9000  Smart Watches  Speerit  Gooapple V5 3G  Dell XPS 15z  Asus Eee Top PC  Every tablet, ever  Samsung Chromebox
  • 14. Product Innovation  The iPads are thinner and sharper  Sustaining Innovation
  • 15.
  • 16. Two ways to develop NPS Price-Based Product Strategy Product Differentiation
  • 18. Define your product An accurate description of the product planning will help keep you and your team focused and avoid NPD pitfalls such as developing too many products at once, or running out of resources to develop the product.
  • 19. Identify market needs  What is the target market for the product I am proposing? What does that market need? What is the benefit of my proposed new product? What are the market's frustrations of existing products of its type?
  • 20.  How will the product fit into the current market?  What sets this product apart from its competition?
  • 21. Establish time frames  Need to allow adequate time to develop and implement your new products.  Be thoughtful and realistic.
  • 22. Identify key issues and approaches  generating and screening ideas developing and screening concepts testing concepts analyzing market and business strategy developing and market testing products implementing and commercializing products
  • 23. 7 Key Strategies of Apple’s Marketing  Ignore Your Critics  Turn the Ordinary into Something Beautiful  Justify Your Price Communicate in the Language of Audience  Extend the Experience  Build a Tribe  Become “The Name”

Editor's Notes

  1. online Apple Store and iTunes Store, the latter of which is the world's largest music retailer