Reputations in organizations are extremely valued. Having a
certain reputation can make or break an organization, consumers have the
tendency to place more value on a product if the company making the product has
a good reputation. This type of reputation can come in many forms. Walmart has
a reputation for providing items at bulk pricing to consumers. Microsoft has a reputation
for making products for business use such as through Microsoft Office and the
Windows operating system. In particular, one company that I have found to be
especially interesting is Apple. The reputation that Apple has developed in the
past 20 years is incredible to see. Essentially, Apple has developed the
reputation to be technologically innovative and to provide products to the
consumer that is aesthetically pleasing. Furthermore, Apple has developed a
reputation for providing good support for its consumers. For these reasons,
Apple has established such a large following in the consumer market. Thousands
of consumers wait in lines for new releases of Apple products every year. The
reputation that Apple has developed brings the company loyalty in its
customers. I have personally seen people buy a certain Apple product on the
market simply because of the brand, rather than another item that might be
cheaper or meet their personal satisfaction better.
One of Apple’s more innovative products was the release of
the iPod in 2001. This was one of the products that Apple revolutionized the
music industry. Consumers were able to have an mp3 player that wasn’t based off
of flash storage. Consumers were able to store thousands of songs on a device
and be able to integrate this device with the iTunes software developed by
Apple. In this way, Apple developed the reputation for being innovative in the
music industry. Consumers associated the music market with the iPod brand.
Apple also developed a reputation for being “cool” amongst the younger generation.
Furthermore, the utilization of advertisements with flashy visuals and catchy
music helped uphold this reputation of being “cool”. I personally remember how
popular iPod were when I was growing up. All my friends that had iPods when
they first came out became very popular because everybody wanted to see the device
in action. Furthermore, Apple has maintained the reputation of being
technologically innovative (even though it might not be), by releasing a newer
version of the product every year. Typically, there are a few improvements with
the product such as an updated version of the iPod. In recent years we have
seen how the iPod has improved every year and even by coming out with other
versions of the iPod such as the iPod Nano and iPod Touch.
Apple also has a reputation of having good support. Usually
support through the genius bar is supplemented by someone that is competent
enough to try to fix a situation. This is quite contrary to other businesses
where you are directed to speak to someone who might not even be based in the
United States in order to provide troubleshooting. The reputation of Apple is
obviously also very apparent in way the stock value has risen dramatically in
the past few decades. Apple may have the reputation of being innovative, and it
does this best by creating products that are consumer friendly while also
attracting the tech savvy as well.
Apple is the one company I'm aware of that at the time of the iPod did both hardware and software. Other companies pretty much did one or the other. Apple found a way to do both. But note that in the phone market, they also figured out how to get outside developers to write for the iPhone (this wasn't an issue with the iPod). In the 1980s, Apple lost the PC revolution. Microsoft one. Part of that was the business software, that you mentioned. But another part was encourage a big third party development. It happened for Macs, but not in as a big a way. So Macs became computers that schools would use or for home use, but not at work. They didn't make that same mistake when they did the iPhone.
ReplyDeleteI agree that the reputation Apple has built is incredible. It's also been interesting to watch how it's changed after the death of Steve Jobs - I think he was a large part of why their reputation was so great for so long.
ReplyDelete