7a. The 4 P’s
The Marketing Mix for Comcast seems to be plain and simple: Grow, grow, grow. Now, all companies have that goal in mind typically, but Comcast is one of the very few that has reached among the highest level a business can get that many even call Comcast a monopoly because of its growth and how it seems to just be taking over the markets (Refer to SWOT Analysis section to see what Comcast leads in). Their Marketing Mix consists of the 4 P’s.
7a1. Place
Starting with place, the Comcast Headquarters is located in Philadelphia, Pennsylvania. The products offered by Comcast are sold in a variety of locations, covering almost all 50 states and the District of Columbia. Since they offer a hybrid of both a product and a service, their
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In regards to offering their packages via online and telephone, they promote through their website. In fact, they have a specific page on their website specifically for promotions (“Comcast Deals”). Like any large company, word of mouth is an excellent tool of promotion that is used, especially in the area of Marshall alone at the Village Apartment complex since Xfinity is the only television provider they are offered there. Some negative promotions they’ve also had as of late are how Comcast is a large monopoly that continues to grow and how consumers are looking at them negatively once again, but for different reasons. The reason this time is not due to poor customer service (which they are renowned for) but now, their small data caps are an annoyance to the consumer, especially cord-cutters, who use their internet to stream TV programs and also to make large downloads. As these stories rise in the news, their negative image will continue to grow and potentially turn away any other consumers who were looking to purchase internet from Comcast …show more content…
Ranging from full-package deals of phone and cable to just single services offered, the prices could vary from $40 to even above $100.00. The problems with the prices of Comcast are that, as mentioned before, they are a growing monopoly. As they cut out the competition and remain the top leaders in these different markets, they can decide what they want prices to be at whenever they want, especially internet. Internet is basically being treated as a utility that almost every American relies on. According to President Obama, “Without strong competition, [broadband] providers can (and do) raise prices, delay investments, and provide sub-par quality of service” (Greenfield). When faced with limited or nonexistent alternatives, consumers lack negotiating power and are forced to rely on whatever options are available. In these situations, the role of good public policy can and should be to foster competition and increase consumer choice.” So depending on if policies change, it’s possible that Comcast will be knocked back down so that there can be more competition in these markets but as of right now, the prices can remain locked in at whatever rate Comcast wants them to be for almost any product they
Comcast Corporation is the nation's leading provider of cable, entertainment and communications products and services, with 24.1 million cable customers, 12.4 million high-speed Internet customers and 3.5 million voice customers. Comcast is principally involved in the development, management and operation of broadband cable networks and in the delivery of programming content.
Comcast is the leading cable telecommunications and Entertainment Company in the industry. Their strengths lie in their products and the will to explore and improve with their services. They always continue to provide customers with new and improved services and continue to build on existing services. Comcast is the fourth largest cable company in the world and served customers in 39 states with over 24.7 million cable customers. (Comcast, 2008). The chart below shows the amount of subscribers in the country:
I just feel like the care about their customers too much than other companies do because when I was reading the tweets that they post it was all about how they can help their customers. I just feel like other companies just want you to buy their stuff instead of focusing on what the customers wants. For example I went on the DIRECTV twitter page to see what they are twitting to help the customers all I saw was a lot of tweets about football games and basketball games. You can say that connecting with their customers, but I don’t think it is at all. What DIRECTV need to do is what Comcast is doing which is make sure your customers are getting the help they need from your company instead of talking about how the football games and basketball games are
In the book saving Capitalism, written by Robert Reich, he mentions how big companies have found new ways of getting monopolies. Reich says “by 2014 more than 80 percent of Americans had no choice but to rely on single cable company for high capacity wired data connections to the internet.” You didn’t need to go far in order to determine this line was right on the money. When I moved into a new place I was looking for an internet provider. I was searching for the fast speed with the lowest price. I was able to find this deal with ATT. However, ATT website and the customer service told me I was unable to get their service. ATT told me the only provider I was able to get was Time Warner. Time Warner Cable was able to make the city of Los Angeles only their domain. Time Warner made it so no other company can give internet service between certain city limits. I wanted to know more about this so I went looking and found out the cities were broken down zones where only one provider was allowed. The street Glendale Blvd. was a board of what was two big cable companies. To the left of Glendale Blvd, you were only able to get Time Warner Cable. To the right of Glendale Blvd, you were only able to get Charter
Is it not slightly alarming that Comcast has managed to grow at such an alarming pace? Although it is at the same time truly amazing how well they are able to gain ownership of successful business ventures and re distribute
Comcast Corporation, based in Philadelphia, PA, with its bundling services operates as a media and technology with its two primary business, Comcast Cable and NBCUniversal. Comcast sprung into life in 1963 and went public in 1973 (James, 2014) It has acquired many corporation to take a firm stand where it is at today. Comcast Cable is nation’s largest video, high-speed Internet which has continuously increased its speed 13 times in last 13 years which now offers up to 505 Mbps to residential customers and up to 10 Gbps to businesses as well as phone services under XFINITY brand (Comcast, 2014). NBCUniversal operates in media, entertainment and sports cable network, the NBC and Telemundo broadcast networks, television production operations, television station groups, Universal Pictures and Universal Parks and Resorts (Yahoo Finance, 2015). Comcast also invests heavily in innovative businesses that represent the next generation of entertainment, communications and digital technology by partnering with entrepreneurs who have the vision, passion and tenacity to succeed (Comcast, 2015).
Comcast not only offers many cable/television-viewing options, but also offers high-speed internet services. “Comcast’s blazing-fast 100% Pure Broadband brings you scorching speeds through a connection that’s always on. Plus, it comes with tons of special features like click-and-play video clips, exciting games, Disney kids’ activities, digital music and so much more.”
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In 1963, with the purchase of American Cable Systems and its 1,200 subscribers in the city of Tupelo, Massachusetts, Ralph Roberts founded Comcast. By 2016 Comcast is one of the nations leading providers of entertainment, communication as well as cable products and services. Nationwide Comcast has over 100,000 employees; each day the company provides over 142 million phone calls, over 136 million emails and over 12 million received voicemails. To date Comcast is the leading cable provider in 19 states nationwide. Since 1963 Comcast has continued to grow with monumental purchases as well as mergers that were blocked by the government in efforts to stop a potential monopoly. Throughout the company’s history, it has grown in three categories Cable, Phone and internet.
AT&T has much strengths and weaknesses and threats as an organization. This SWOT will serve as a tool for identifying alternative strategies for the organization and help define a growth plan. AT&T is a corporate business, their global headquarters is located in Dallas Texas, and the current chief executive officer (CEO) is Randall L. Stephenson. For more than a century they have consistently provided innovative, reliable high quality products and services and excellent customer care. They are recognized as the leading provider of IP-based communications services and businesses. They’re also the top U.S. provider of wireless, high speed internet access, WIFI, local and long distance voice, and directory publishing and advertising services.
Comcast has to balance all of these factors in their macroenvironment while making their internal business decisions and deciding how to price their advertisement slots and subscription charges.
Rogers Cable is the leader in Canada’s cable television market, with a over 2.3 million cable television subscribers and 500000 internet subscribers. In 1993 the Canadian government relaxed the norms of telecommunications industry followed by an application in 1999, allowing local carriers to change the content of the information passing through their networks. This led to increased competition in the market and the customers enjoyed a lot of choice. As such Rogers Cable focused completely on increasing its subscriber base and
The telecommunications industry is a multi-billion dollar industry worldwide. The key success factors in this industry are hard to pin point, because they vary from having the right amount of money to having the right amount of customers. This industry is a very expensive industry to do research and development in. Besides the money required for R&D the companies in this business have to spend tremendous amount of capital on advertising and consumer awareness. The services provided by the different competitors in this industry are essentially the same but with very different reputations. AOL spends millions of dollars every year to send free trial C.D., in order to gain customer awareness. Which in turn shows the results as being very successful, making AOL the largest internet-service provider in the United States.
The SWOT analysis also reveals another weakness, “fickleness.” Fickleness of cable and satellite customers is based on the low brand loyalty and high churn rates. In order to reduce customer defection to competitors TFC must develop brand loyalty and not only attract new customers but retain those that it already possesses. The opportunity facing TFC is the fact that it is in a position to address its market
The intent of this paper is to perform an analysis of the cable industry's external environment. The first sections of the document will discuss environmental scanning and define the telecommunication niche that is currently occupied by cable operators such as Comcast. The next section will identify the macroeconomic variables that currently impact cable operators and will compare two variables to two corresponding industry variables. The final section of the paper will identify some of the challenges and opportunities