Tuesday 3 September 2013

How product portfolio of LG is built around core competencies

TECHNOLOGICAL DEVELOPMENT:
Technology lives at the very core of what LG does. With continuous technological development and innovation LG has provided the best experience to its customers.

MOBILE PHONES:
LG has used latest technology and it has successfully launched mobile phones that virtually put our desktop in our pocket.
The new LG Optimus 7 is a proof of superior viewing. It offers remarkable view and great readability.

TV/AUDIO/VIDEO:
LG promises a television experience “like never before” to its customers . Here we can discover 3D cinema, experience smart televisions, marvel at Blu-ray and home theater systems, and see how pictures get larger than life with projectors. This is all possible because of continuous technological development.
LG Cinema 3D TV offers the best TV viewing experience. LG Magical remote is a simple way of controlling smart TV.

APPLIANCES:
LG offers kitchen, cleaning, laundary and climate control appliances to its customers. LG has designed appliances for all types of spaces. It enjoys unrivalled power by providing cleaning appliances that makes cleaning simpler than before. This has become possible because of technological development and innovation.

COMPUTER PRODUCTS:
LG offers latest computer hardware and computer accessories. LG monitors have advanced technology to meet customer’s requirements.

MARKETING AND SALES:
Another core competency of LG is marketing and sales. LG makes use of effective marketing and sales strategy to boost its sales. The advertisements and other marketing strategies are designed in an appropriate manner which is apt for the product and is able to convey the message to the consumers.
·         LG makes use of mobile stores to display its mobile phones to the customers.
·         LG uses online and digital marketing effectively to promote its products
(facebook,blogs etc.)



Thus we can say that LG has been using its core competency effectively and the product portfolio of LG is built around its core competency.

No comments:

Post a Comment