Professional Documents
Culture Documents
Aashna Shukla
Process:
Jio provides a number of mobile applications that are
available for free download from the Google Play store,
which require the presence of a Jio sim that the user
should own. Some of the most popular examples of Jio
apps include JioTV, JioCinema, JioChat Messenger,
JioMusic, JioMags and so on.
SWOT ANALYSIS
Strengths:
These are defined as what each business does best in its gamut of operations which can give it
an upper hand over its competitors. The following are the strengths of Reliance Jio:
• Strongest Customer Acquisition strategy
• Strong backing by parent company
• Innovative technology
• Strong customer base
• Brand management and advertising strategies
• Fast and wide network
• Market share
• Multiple offerings under a single name
• LYF Smartphones
Weaknesses:
It is used to refer to areas where the business or the organisation needs
improvement. The following are the weaknesses of Reliance Jio:
• Doesn’t support 3G and 2G
• Activation Issues
• Late entry into the market
• High dependency on data
• Pricing Controversies
• Too many freebies
• Poor data connection
• Issues in calls
• Marketing controversies
Opportunities :
Opportunities arise when an organisation can take benefit of conditions in
its environment to plan and execute strategies that enable it to become
more profitable.Following are the opportunities for Jio to capitalize on and
expand their market:
• Future driven technology scalable to accommodate 5G and 6G technologies
• Expansion to other countries
• Shifting focus to 3G and 2G customers too
• Focus on customer service and MNP
• Data for billion people to provide robust and fast network with fewer
connectivity issues.
Threats:
Threats arise when conditions in external environment jeopardize the
reliability and profitability of the organization's business.Threats of Jio
are as follows:
• Risk of loss of customers following the recent introduction of 6 paisa
per min charges
• Loyal customer base of existing players such as Airtel
• Criticism and negative image
• Poor Code of ethics
• Government policies
• Fast and capital intensive technology upgradations
• Mergers and collaborations of competitors
COSTS
Reliance started with initial investments
CLIENTS
in 2016 and now has 348 m subscribers
Jio network catered to the need of i.e the company does cover all its initial
cheaper internet and telecommunication investments in next 2 years. The
services for all sections of society with charges are the lowest in the sector
respect to their needs. which makes jio the best combination
available
Target
Market(4C strategy)
CONVENIENCE COMMUNICATION
Jio Reliance has 5100 retail store With its extensive promotion of ipl
outlets which give it huge market matches, film industry it reaches out the
presence .It also has presence on consumer base better .
flipkart and amazon
STP ANALYSIS
SEGMENTATION
• SEGMENT 1 : (BASED ON DEMOGRAPHICS): India had 83 million, or 35%,
of the 238 million 4G subscribers coming from rural areas, which means
every one out of three 4G subscribers in the country come from a rural
territory.
• SEGMENT 2: (BASED ON DATA USAGE): Jio has rs 399(1.5 gb /day) plan
for professionals , students and rs 49(jio phone ) plan for household and
secondary purposes.
POSITIONING
• Jio positioned its Smartphones based on price and sales. And the offering
of free voice calls minutes and high speed internet, made its
identity different from its competitors and thus it gained more popularity.
• in India, there has been problem with online downloads or other internet
related functions due to low speed internet, therefore this tactic has vast
opportunities in this market.
• This way it aims at gaining prospective customers.
TARGETING
• Quality Subscribers: Analysts doubt the strategy of Reliance by citing
that that with its schemes Jio will attract low quality, treacherous
customers who will jump to other networks once the freebies end.
• Oligopolistic market: The market for service providers is oligopolistic
where the participants fight for market share and profits on the basis of
prices and differentiated products. Reliance jio has both.
• JIO TOPS WITH 31.7 % OF TOTAL MARKET SHARE
• In an oligopolistic market if some player creates such kind of ripple it
forces other players to slash the prices.
PEST Analysis
• PEST analysis (political, economic, socio-cultural and technological)
describes a framework of macro-environmental factors used in the
environmental scanning component of strategic management.
• It is a strategic tool for understanding market growth or decline, business
position, potential and direction for operations.
• It’s a way of understanding how external forces impact your business.
PEST can help you identify significant changes in the political, economic,
social, and technological landscape. And these landscapes will affect your
business in the future.
Political factors affecting Reliance Jio
• TRAI frames the rules and regulations for
telecom industries. The TRAI came under
sharp criticism from the rest of the telecom
industry for allowing RIL to test the
connectivity of its network for 253 days.
• TRAI regulations says being found guilty of
predatory pricing could lead to a penalty of
up to Rs 50 lakh per circle. This prevents Jio
from further slashing prices.
• Jio has always tried to link the growth of Jio
with the government’s Digital India
initiative. Favouritism from the part of
government had always been in the news.
Economic factors affecting Reliance Jio