Friday, January 20, 2012

Journal Entry 1



       The IPad 2


            In March of 2011, Apple released their updated version of the Ipad, with the Ipad 2. The new gadget now includes IOS 5, Icloud, an external camera/video camera, facetime, and free texting between apple devices. Since the launch of the Ipad2, to date Apple has sold over 25 million devices.[1] Apple has successfully segmented their updated product towards a wide variety of consumer demographics. These include; medical facilities, retail stores, restaurants, young developmental children, college students, and small business owners. Apple has created a brand so influential to its consumers, that it has constructed interdependence with its customers. Using their strong relationship marketing strategy Apple has created one of the largest followings of brand loyal customers. Consumers of Apple products are invoked with trust and assurance that they are purchasing an exceptional product. This concept of brand loyalty and understanding of above par quality, directed me towards purchasing my current Ipad2.
            During the pre-purchase phase of my consumption process, my question was,  is the Ipad 2 a want or a need? That is, is it something that society has taught me to satisfy my needs with, or is it a biological motive? Clearly the Ipad 2 is a want. The next part of my pre-purchase decision process was to learn information about the product. To do so, I visited apples homepage to learn the benefits of purchasing this product. A key quality for me was size, and its ability to easily travel. I was also looking for an E-reader, and something I could take notes on for class that would easily convert to text (thus far Apple has the only text converting note taking app). During the second stage of my consumption process, my purchase issues basically involved the stress/pleasure of the experience. When purchasing the product I searched for the lowest cost, or best financing options (best buy offered 1 year of free financing) and eventually I made the purchase. The last stage of my consumption process dealt with me using the product, and learning and understanding its new functionalities. The most important aspect of my post purchase phase was making sure that the product purchased meets the requirements that I initially intended on using it for. Overall my satisfaction (on a scale from one to seven, seven being superior) with the Ipad 2 is a six. I felt that Apples relationship marketing strategy was successful, in that they have created a huge brand loyalty of customers who trust and rely on the brand to construct high quality products. This brand loyalty is created through Apples approaches to reach customer’s needs and wants, and take their recommendations into full consideration when designing the newest cutting edge technology. This customer loyalty is what makes me always purchase Apple products; they keep their promise of creating a high performing, long lasting, and always updating technology.
I was very interested in purchasing an easy to use product that would stimulate my touch sensory systems, and in my opinion Apple creates one of the most sensitive touch screens out there. I did not give Apple a score of seven (on the scale stated above) because I felt the Ipad 2 lacked three essential components, word, excel, and PowerPoint. If these applications were to be included then the need for a laptop would become obsolete, and at a price of five hundred dollars it is more than reasonable. If Apple does continue to make its Ipad’s without these applications, I would recommend them lowering the price, to become more competitive with other similar devices. For example, the Kindle Fire executes the same functions as the Ipad (expect for the external camera/video camera) and sells for a much more reasonable price of two hundred dollars.[2] 
            To conclude, on the same scale stated previously I would rate my likelihood of going back to this firm a seven. I am very happy with the product, and it meets all the functionally needs that I required. Also, on the same scale as stated above, I would rate the likelihood of myself personally recommending this product, and this brand a seven as well. I was very pleased with my overall experience, and the product that Apple has produced. Due to my existing customer loyalty towards Apple products, the phases in my consumption process transitioned quite quickly. Overall the hardest phase in my  consumption process was actually making the purchase, but in the end I was very happy with the decision that I made (surprisingly I had no consumer dissonance!).



[1] http://www.unwiredview.com/2011/06/06/apple-ios-stats-200-million-devices-sold-25-million-ipads-14-billion-apps-downloaded-and-more/
[2] http://www.amazon.com/Kindle-Fire-Amazon-Tablet/dp/B0051VVOB2