Professional Documents
Culture Documents
in the second quarter of 2008. his company is even the reason why !inland is a prosperous country in which it is accounted for about "0 percent of the nation#s market capitali$ation. %ut Nokia had a really humble beginning&it all started in '8().
4,)00 7uros. 8lthough that was very e6pensive, ,ityman was still considered a success.
*n '++2, the company decided to focus more on the telecommunications business. *n the same year, Nokia launched its first :3- handset, which is the Nokia '0''. *t was in '++4 that the Nokia tune was launched. *t was the Nokia 2'00 that featured this famous classic phone tune.
he success of Nokia continued until the world#s first satellite call was made in '++4 using a Nokia mobile phone. 8nd in '++0, Nokia introduced a classic game highly associated with the company&3nake. !inally, in '++8, Nokia have dominated the brand league tables by selling more then 40m cell phones worldwide and became the global number one cell phone manufacturer company. 8fter a year, the company moved to further innovation with its launching of the first /89 handset in the world, the Nokia 0''0.
Now days, 2i&tech mobile products such as cell phones and laptops are marketed as fashion accessories. Nokia always has capitali$ed on the power of lifestyle association to sell goods in a highly competitive market. 8nd for that now 0); people all over the world using Nokia cell phones. <ike= >ill is a banker 40&)0 years old and ideal customer for the Nokia 88)0 phone. Nokia 88)0 made of real metal called as timeless classic .3he didn?t @ust choose it for its abilitiesA she uses it as a life style. /hen Nokia 88)0 first release its price was 2)0euro. 8fter that it takes good response from market, for that Nokia release 88)0 gold series.
!rom the beginning Nokia represent the word B,onnecting people?. 8nd they represent it perfectly because after lunching Nokia mobile phone did not struggle to success for their product quality and brand. hat mean, it can be said that Nokia ,ompany understand the customer mind. !or that they can bring new styles likeA Nokia 88'0. *t looks like a fine watch or fountain pen and the *%- hink9ad is Bdesigner work wear?.
*n '++8 Nokia sold more then 40m phones world wide and became number one or may be the leading company -obile phone manufacturer company. 8fter that they don?t have to look back. Nokia has never been afraid to branch out into new areas. *n the mobile phone market there are so many competitor has for Nokia. !or e6ample= 3amsung, -otorola, 3ony&7ricsson, *&phone and 8pple. 8ctually Nokia is the market leader and market challenger 3amsung, -arket follower 3ony& 7ricsson and the rest of the mobile manufacturer company, 76cept 8pple they manufacturer cell phone for certain level of people or they only targeted for rich people. 3ame time Nokia cover all level.