Business Strategy – India – November 2008
In the emerging markets, Nokia’s business strategy is to:
- Increase mobile usage in rural areas
- Reduce the mobile phone ownership and operating costs
- Bring the benefits of mobile telephony to people in emerging markets
- Bring the power of the Internet to these markets
An end-to-end player with a product for everyone
Nokia caters to the mass-market and also the high-end market and has a product for everyone. The company’s focus would continue to be driving demand and foster brand aspiration.
In November 2008, in India, Nokia introduced handsets (prices ranging from €25 to €90 – Nokia’s lowest cost handset to date at €25) and a range of services (available from first-half of 2009). The services will be expanded to other countries in Asia and Africa later.
Nokia’s Market Positioning: Different price points and value propositions
Nokia’s service offerings
The services being introduced include:
- Nokia Life Tools: Farmers and students can get relevant local information on seeds, crops, markets and weather through SMS. Advantages include information in two languages simultaneously, easy icon-based user interface and availability of critical information without a GPRS connection.
- Mail on Ovi: An email service directly on the mobile phone. No PC required.
- Education Services: Users can opt for an English word a day and learn how it is pronounced and its meaning in their native language.