Nokia, quite alarmed by the dropping sales of
its phones, is now putting all its weight behind the N-Series range. The
N-Series is packed with multimedia features and Nokia believes that these
phones might woo the costumers back to the big daddy of the mobile phone world.
(Nokia is headquartered at Espoo, Finland).
While Motorola (quite intelligently) gives a
dashy-flashy name to every phone it brings into the market, Nokia tends to do
the exact opposite. Nokia from the very start has relied on numbers rather than
names. This strategy worked very well in the past, but only because there
wasnt much competition back then. But times have changed. Every month the
market sees at least a dozen new handsets from an equal number of
manufacturers. Consumers now have more than they can choose.
Consumers are more attracted by names because
they can thus easily relate to the features of the phone. This is evident from
the success of the MotoRazr, MotoSlvr, MotoRizr and MotoKrzr. These phones
are not packed with heavy multimedia features like the N-Series; still they are
selling like hot cakes. Just by reading the name of the handset, one gets a
broad idea what the phone looks like or what its features are.
Nokia advertises more than Motorola. Still its
market share is dropping. Motorola does not need to spend much money for the
promotion of its products and it doesnt have to worry about the marketing of
these phones; it just simplifies its job by naming its products right. Take the
example of Apple. It did not have to do much to promote its Phone.
At this phase, Nokia must start applying some
common sense to its marketing strategies. It doesnt have to do anything great,
other than just naming its phones. A few months ago, a highly placed Nokia
official told Reuters that his company would soon go the Motorola way
and start using names for its new phones. It is in Nokias best interest
that it takes to this path as early as possible, otherwise the once market
leader might see its market share plummeting to even lower depths.
From the above mentioned discussions, it is very clear that,
to cope up with the present marketing scenario, the marketing managers
obviously have to take too much mental stress to achieve their targets or
fulfill their objectives, if they fail to do their jobs, the organizations will
face the adverse consequences and they (the marketing managers) would not be
spared. This mental tension is always in their conscious and unconscious
mind; it results in mental stress which can be defined as a reaction to continued excessive
responsibility or pressure when one feels inadequate or unable to cope, this stressed
condition is experienced by marketing managers when they perceive that they are
unable to meet the demands placed on them, as a result, there are always hidden
fear of losing the job due to unsuccess. Besides this, there is continuous
struggle to prove their worth.
The Human Performance and Stress curve by
Yerkes-Dodson is shown below

Human Performance vs. Performance Curve
It is clear from the curve that, if there is no
stress or very less stress, the employees are not willful to perform well, it
is called CALM condition, the performance level is low at this level of stress,
at EUSTRESS level of stress, employees are motivated, energized, willful, more
focused and the performance level is maximum. When the stress level increases
more, the performance decreases, this phase is termed as DISTRESS.