Product Philosophy - Edited
Product Philosophy - Edited
Product Philosophy - Edited
Product Philosophy
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Product Philosophy
Apple uses the product philosophy as a critical marketing philosophy to ensure they
continue to dominate in the tech industry, producing electronics, software, and online services.
With this philosophy, the company assumes that its consumers are not sure of want; as a result,
they install lucrative and innovative features on their products (Dudovskiy, 2021). With this
philosophy, apple has been able to dominate most of the tech industry, displaying an almost
monopolistic behavior towards other players in the industry. The strategy used by Apple has so
much paid up to the extent that the company hardly conducts sales promotions as part of its
marketing strategy.
In actualizing the product philosophy, the firm has concentrated on specific strategies that
help them sustain its market while attracting new customers (Kotler, 2018). Apple is a design
firm, media platform, competent software developer, and computer manufacturer. With all these
operations, the firm cost-effectively communicates its value proposition to the target audience.
As such, the firm has been able to evade price wars by competitors such as Samsung and
Microsoft. Apple is guided by a value proposition: "beautiful design that works right out of the
box with ever-smaller packaging.” The company has equally made fortunes with this philosophy
through the effective placement of its products (Patel, 2018). Apple has had its products placed
in various movies, and the reviews are overwhelming. The placement has been done in several
films and TV shows. The placement is usually so strategic and is done by celebrities who have a
large following on social media platforms. Boyhood and Saturday Night are some of the shows in
which Apple has placed its products. Advanced features and specifications of Apple products
have seen positive reviews that point to high quality and lead to increased market share.
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The firm has, however, had its share of woes operating in the stiffly competitive
environment. While producing iPods, a distinctive feature is iTunes, with which the company
makes fortunes. This fortune has, however, not been long-lasting as content creation companies
and music labels have raised concerns about threats imposed by Apple in dominating digital
music. Moreover, competition is stiff in the same sector as firms such as Napster and Walmart
have inconvenienced the operations of Apple in this sector. This is because some of this digital
music stores offer downloads at discounted prices while others do it for free (Kalyani, 2018). In
dealing with this problem, Apple has tried to diversify its products and innovate new products,
which has been expensive. The most viable solution to these woes that Apple has experienced
over time is a change of strategy and perhaps trying to adopt other marketing philosophies. The
firm should begin working on customers' needs rather than investing much in the product they
deem suitable for them (Kotler, 2018). It is perhaps the right time for Apple let consumers
References
methodology.net/apple-marketing-strategy-an-overview/
Kalyani, P. (2018). Walmart and Flipkart: The Biggest Deal in Indian E-com Startup
Kotler, P., Keller, K. L., Ang, S. H., Tan, C. T., & Leong, S. M. (2018). Marketing management:
Patel, N. (2018) “7 Key Strategies That You Must Learn from Apple’s Marketing” Neil Patel
from-apples-marketing/