nokia

nokia Market Profile and Analysis

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General Information

Market: nokia
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nokia Market Strengths Update

  • Pricing Power Customers typically rebel against price increases by switching to competing products, but if a company has pricing power, customers will continue using NOkia’s products and services. NOkia has the...
  • Supply Chain - NOkia A strong supply chain helps NOkia obtain the right resources from suppliers and delivery the right product to customers in a timely manner…
  • Economies of Scale - NOkia Economies of scale is the cost advantages that NOkia obtains due to size. The greater the volume, the greater the advantages…

nokia Market Weaknesses Update

  • Bad Acquisitions Bad acquisition can hurt NOkia by increasing their costs and reducing the value of their combined businesses. Acquisitions can also distract from the core business and merge cultures that don’t...

nokia Market Trends Update

  • Good Trend: New Technology - NOkia New technology helps NOkia to better meet their customer’s needs with new and improved products and services. Technology also builds competitive barriers against rivals…
  • Good Trend: Innovation Greater innovation can help NOkia to produce unique products and services that meet customer’s needs…
  • Good Trend: Fragmented Market Fragmented markets provide many opportunities for NOkia to expand and increase market share. Fragmented markets have many small competitive who lack the cost advantages of larger companies…
  • Good Trend: NOkia Loosening Regulations Looser regulations allow NOkia to perform in a way that is most advantages for them and their customers…
  • Good Trend: Emerging Markets Emerging markets are fast growing regions of the world that enable NOkia to quickly expand…
  • Good Trend: New Products New products can help NOkia to expand their business and diversity their customer base…
  • Good Trend: New Markets New markets allow NOkia to expand their business and diversify their portfolio of products and services…
  • Good Trend: International Expansion International markets offer NOkia new opportunities to expand the business and increase sales…
  • Bad Trend: ios
  • Bad Trend: Bad Economy A bad economy can hurt NOkia’s business by decreasing the number of potential customers…
  • Bad Trend: Intl Competition International competitors are numerous and difficult to combat, because they can have many competitive advantages that give them an advantage over NOkia…
  • Bad Trend: Mature Markets Mature markets are competitive. In order for NOkia to grow in a mature market, it has to increase market share, which is difficult and expensive…
  • Bad Trend: Intense Competition Intense completion can lower NOkia’s profits, because competitors can entice consumers away with superior products
  • Bad Trend: Substitute Products - Nokia The availability of substitute products hurts Nokia’s ability to raise prices, because customers can easily switch to another product or service…

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