Analysis of Samsung's internationalization process and the strategies implemented to generate an effective positioning of its brand and products in foreign markets.

Musaed Almutairi, Shivam Mehta, Fatima Al Rashidi, María Alejandra Villa, Felicia Anggawinata

Abstract


Samsung is a leading technology company worldwide. Its activities focus on innovative product designs that contribute to people's lives and generate substantial progress in them, through social prosperity. It is also a company established since its inception in the idea of combining creativity, partnership and great people to strategically address their work. Likewise, it wants its brand to be loved around the world, to be an innovative company and to be admired. For this reason, it promotes the value shared with its partners and collaborators, as well as with its own employees.
Nowadays, Samsung is a company that is found in most countries and, therefore, despite not having a business center in all countries, its products are in every corner of the world. However, even though it is currently a multinational company and a leader in the technology sector; This company started like any other, as a business idea and progressing in small steps. In this way, the present work aims to identify and analyze all these small but significant steps that allowed Samsung to become the company that it is today and the way in which it has been possible to reach so many countries.
In other words, the purpose of this paper is oriented towards the study of the internationalization processes carried out by the company to reach the different countries. In this way, variables such as: industry and competition analysis, company’s challenges, entry mode to different countries, promotional channels, prices, logistics, finance, human resources and product design will be included. Likewise, the way in which the company has managed the competition with other large technology companies in the world and what barriers it has overcome to get ahead of these will be investigated.

Full Text:

PDF

References


BBC Mundo. (2017). Los otros negocios de Samsung, además de los celulares, con los que hace dinero. Retrieved from: http://www.finanzaspersonales.co/consumointeligente/articulo/asi-ha-sido-la-transformacion-de-samsung/67297 Comparably. (2018). Diversity at Samsung. Retrieved from: https://www.comparably.com/companies/samsung/diversity Daryl, M. (2018). Samsung Akan Gunakan Teknologi Blockchain ledger. Jakarta Selatan, Indonesia. Retrieved from: https://www.komite.id/2018/04/16/samsung-akan-gunakanteknologi-blockchain-ledger/ Gómez, L. (2016). Análisis de la internacionalización en el Mercado de telefónos móviles (Tesis de grado). Universidad de Catabria. Retrieved from: https://repositorio.unican.es/xmlui/bitstream/handle/10902/11084/GOMEZJORGELAUR A.pdf?sequence=1 Gupta, A. (2017). Pricing strategy of Samsung. Linkedin. Retrieved from: https://www.linkedin.com/pulse/pricing-strategy-samsung-asmita-gupta Joao do Santos, N.; Ducati, E. & Cesar, A. (2008). Entrepreneurial Counseling Pricing with Pricing Strategy Contribution. Revista Catarinense Da Ciencia Contabil, 21(7), 41-52. Retrieved: http://www.bibliotekevirtual.org/index.php/2013-02-07-03-02-35/2013-02-07

-03-11/388-rccc/v07n21/3264-precificacao-de-consultoria-empresarial-com-acontribuicao-das-estrategias-de-aprecamento.html Liang, Q.; S, Tariq.; Liang, J. & Wang, X. (2016). Enabling Technologies for 5G Mobile Systems. Hindawi. Retrieved from: https://www.hindawi.com/journals/misy/2016/1945783/ Mozes, A. (2017). Laporan Keuangan Kuartal I 2017 Samsung Electronics Begitu Mengesankan. Nton Indonesia. Retrieved from: https://neton.id/news/12939-laporan-keuangan-kuartal2017-samsung-electronics/ N, Maged.; Wheeler, S.; T, C. & J, Ray. (2011). How smartphones are changing the face of mobile and participatory healthcare: an overview, with example from eCAALYX. BioMedical Engineering Online, 10(24), 2-14. Retrieved from: https://biomedicalengineering-online.biomedcentral.com/track/pdf/10.1186/1475-925X-10-24 Quora. (2016). What are the disadvantages of using Samsung phone? Retrieved from: https://www.quora.com/What-are-the-disadvantages-of-using-Samsung-phone Rivera, N. (2013). La estrategia de Samsung. El Androide Libre. Retrieved from: https://elandroidelibre.elespanol.com/2013/07/la-estrategia-de-samsung.html Samsung. (2018). Sobre Nosotros. Bogotá, Colombia. Retrieved from: https://www.samsung.com/co/aboutsamsung/home/ Samsung. (2018). Historia. Bogotá, Colombia. Retrieved from: https://www.samsung.com/co/aboutsamsung/company/history/ Udima. (2018). Factores determinantes de la internacionalización de empresas. Madrid, España. Retrieved from: https://blogs.udima.es/administracion-y-direccion-deempresas/libros/introduccion-a-la-organizacion-de-empresas-2/unidad-didactica-10internacionalizacion-de-la-empresa/2-factores-determinantes-de-la-internacionalizacionde-la-empresa/ Valencia, D. (2013). Samsung Electronics. Retrieved from: https://prezi.com/m7d4lhs4bbwb/samsung-electronics/ Zeman, E. (2016). Samsung smartphone strategy: Diversity offerings, improve software. Informationweek. Retrieved from: https://www.informationweek.com/mobile/samsungsmartphone-strategy-diversify-offerings-improve-software-/a/d-id/1324085

Annexes Annexe 1. Prices of 2016 and 2017




DOI: https://doi.org/10.32535/jcda.v2i1.340

Refbacks

  • There are currently no refbacks.




Copyright (c) 2021 Musaed Almutairi, Shivam Mehta, Fatima Al Rashidi, María Alejandra Villa, Felicia Anggawinata

Creative Commons License
This work is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License.

Journal of The Community Development in Asia (JCDA)

ISSN 2685-8819 (Print) | ISSN 2654-7279 (Online)

DOI Prefix: 10.32535 by CrossRef

Published by AIBPM Publisher

JL. Kahuripan No. 9, Hotel Sahid Montana, Malang, Indonesia

Email: journal.jcda@gmail.com

Phone: +62 341 366222

Website: https://aibpmpublisher.com/

Governed by

Association of International Business and Professional Management

Email: admin@aibpm.org

Website: https://www.aibpm.org/

Visitor Statistics

Flag Counter

Web Analytics

View JCDA Stats

Follow Us: