1. Case: Emerging Markets Strategy: Nokia Life Tools for Rural Markets
Question (a)
The question requires discussing whether Nokia’s emerging markets strategy created a win-win
situation for the company, its rural customers and its business partners who provided
telecommunication services or the content on agriculture, education and entertainment.
The answer presents arguments in support of the statement that Nokia’s emerging markets
strategy created a win-win situation for the company, its rural customers and its business
partners. It justifies its arguments by explaining the benefits accrued to the company, to users
and to the business partners. It explains the benefits to the company like establishing as a
market leader, penetrating to newer market for gaining market share, consolidating the position
in the market etc. The response also describes the benefits to the customers like farmers
increased productivity through updated information about weather, market etc. and students
benefited from enhancing job skills etc. The answer also discusses various benefits to business
partners in terms of popularizing the partners’ products etc.
The answer would have gained value if it had discussed the benefits of the strategy to its
business partners who provided service to its customers.
Question (b)
The question has two parts. The first part of the question requires analyzing the marketing mix
adopted by Nokia in the emerging markets like India. For the second part of the question, the
question requires discussing the issues and challenges faced by Nokia in targeting the rural
markets in India.
For the first part of the question, the answer discusses 4P’s of marketing mix adopted by Nokia
in the emerging markets like India. It clearly explains the importance of marketing mix
elements to Nokia for pursuing its marketing objectives in the target market like rural India.
The second part explains the various issues and challenges faced by Nokia while entering the
rural market like India. It explicates the challenges such as scope of subjects to be covered
through NTL services, poor infrastructure, replicating the model in other states, delivering
updated information in specific areas like commodity prices etc.
The answer covers relevant points elaborately.