Vodafone Group plc a British multinational telecommunications company, has its headquarters in London and with its registered office in Newbury, Berkshire.Among mobile operator groups globally, Vodafone ranked fifth by revenue and second (behind China Mobile) in the number of connections (435.9 million) as of 2014.
Vodafone owns and operates networks in 26 countries and has partner networks in over 50 additional countries.Its Vodafone Global Enterprise division provides telecommunications and IT services to corporate clients in 150 countries.
Vodafone has a primary listing on the London Stock Exchange and is a constituent of the FTSE 100 Index. It had a market capitalisation of approximately £89.1 billion as of 6 July 2012, the third-largest of any company listed on the London Stock Exchange.It has a secondary listing on NASDAQ.
2. Info about Vodafone
The name Vodafone comes from voice data fone, chosen by
the company to "reflect the provision of voice and data
services over mobile phones
Vodafone Group is a British multinational telecommunications
company headquartered in London
Vodafone' brand started in 1982 with the establishment of
Racal Electronics plc – UK's largest maker of military radio
technology.
It is the world's 3rd-largest mobile telecommunications
company measured by both subscribers and revenues
It is a globally operating company, since Vodafone owns and
operates networks in 21 countries and has partner networks
in over 40 additional countries.
They have more than 92,812 employees worldwide
3. Mission & Vision Statement
MISSION
We will be the communications leader in an increasingly connected world
VISION
Our vision is to lead the industry in responding to public concerns regarding mobile phones,
masts and health by demonstrating leading edge practices and encouraging others to follow.
Does the company live up to this ???
YES
The Vodafone Mission has been consistent throughout its existence to be the world market
leader in mobile communications by improving inter-connectivity in a rapidly expanding
communication market. Established in 1984, the central strategy of Vodafone has always been
business expansion, both internally and externally, by utilizing their vision to predict ground-
breaking strategies.
The Foundation makes social investments that help the people of the world to have fuller lives.
Sharing the benefits of developments in mobile communications technology as widely as
possible
Protecting the natural environment; and Supporting the local communities in which Vodafone's
customers, employees, Investors and suppliers live.
4. SWOT Analysis
STRENGTHS
• Globally renowned brand name
• Great geographical exposure
• Gained economies of scale due to its size
• Highly innovative company
• Integration of subsidiaries under Vodafone umbrella
• High level of network infrastructure
• Leading mobile company in the UK
WEAKNESSES
• Mainly concentrated in Europe and Asia
• Lost the 2nd position in UK to Orange & O2 partnership
• Weak in fixed network area
• Lack of rural network wireless access
5. OPPORTUNITIES
• Increase the 3G coverage
• Scope in emerging markets
• Reduce costs through efficiency – offer better prices
• Diversification into new areas
• Invest in R&D and innovate new offerings
• Expand towards non-mobile services
THREATS
• Market saturation in UK
• Uncertainty of regulatory climate
• Increasing usage of VOIP- Skype, Hangout, Whatsup,
iMessage
• Increasing competition-Virgin media, 02, Orange, SKY, BT
6. UK Mobile Operators' Market
Share
Source: Jeffries Investment Bank
Vodafone is dwarfed by China Mobile, AT&
7. VODAFONE’S MARKETING MIX
Product
A product with many different features provides customers with
opportunities to chat, play games, send and receive pictures,
change ring tones, receive information about travel and sporting
events, obtain billing information ,view video clips and
send video messages.
Vodafone live! provides on-the-move information services.
Place
Vodafone UK operates over 300 of its own stores.
It also sells through independent retailers e.g. Carphone
Warehouse.
Customers are able to see and handle products they are
considering buying.
People are on hand to ensure customers’ needs are matched
with the right product and to explain the different options
available.
8. Price
Vodafone wants to make its services accessible to as many people as
possible: from the young, through apprentices and high powered business
executives, to the more mature users.
It offers various pricing structures to suit different customer groups.
Monthly price plans are available as well as prepay options. Phone users can
top up their phone on line.
Vodafone UK gives NECTAR reward points for every £1 spent on calls, text
messages, picture messages and ring tones.
Promotion
Advertising on TV, on billboards, in magazines and in other media outlets
reaches large audiences and spreads the brand image and the message very
effectively.
Stores have special offers, promotions and point of sale posters to attract
those inside the stores to buy.
Vodafone’s stores, its products and its staff all project the brand image.
Vodafone actively develops good public relations by sending press releases
to national newspapers and magazines to explain new products and ideas.
9. Marketing and Brand Objectives
Vodafone's marketing objective in the UK is to keep market
leadership on revenue per customer, network quality and
customer satisfaction.
Keep the existing customers.
Increase infiltration of new data service.
Introduce new technologies and best services (e.g. Vodafone
live!)
Continue to expand the Vodafone brand.
Attain new customers.
Vodafone is achieving these objectives by continually
updating the variety of phones and services offered to keep
ahead of its competitors. Also, Vodafone's distinctive 'How
are you? & live!' advertising is helping to improve the brand
image and saliency to all mobile users.
10. Customer Segmentation, Positioning,
Targeting.......
•Mobile customers
Range of mobile services enabling them to
call, text, access the internet, stream music
and watch videos wherever they are – at
home, on the move or even abroad with
our roaming services.
•Fixed broadband customers
Range of fixed services including voice,
broadband and TV services to consumers
and a wider range of services to enterprise
customers, including Cloud and Hosting
and IP-VPN.
11. Traditional revenue sources – mobile voice and texts
– have reached maturity in a number of markets.
Therefore, to deliver future growth opportunities,
VODAFONE are investing in newer revenue areas
such as DATA. It is estimated that between 2014 and
2018 mobile data revenue will grow by 18%,
compared to a 7% decline in voice revenue over the
same period.
Convergence of fixed and mobile into unified
communications.
Bundled mobile, fixed and TV services so that
customers can use data services wherever they are
and on whatever device they want.
Targeting Areas...
12. Recommendations
Tapping into the rural markets
Concentrate more in value added services –
target high end consumers such as businesses
Diversifying in Broadband services, DTH,
Voice over internet protocol (VOIP)
Remain innovative, improve 3G and 4G speed
and provide better services than competitors
Reduce costs through efficiency – offer better
prices