Samsung smartphone
Value analysis has been used as an innovative technique to improve product or service value by analyzing the relationship between the component of the product and the associated cost. Samsung smartphone is a product from Samsung that is used globally. I have been a loyal consumer of Samsung products, having used their electronic products from television, phones, tablets, cooking appliances, and laundry appliances. One of the products that I have been using is the Samsung smartphone, which has been of great service, especially regarding speed.
Having used a Samsung smartphone, I have noticed some advantages and disadvantages. Analyzing the value of Samsung phone, we first consider the function, component, cost, and the value. Taking a look at the function, Samsung phone is known for its speed as compared to other android phones. The android system of Samsung has been designed to process information faster, and this allows making calls and sending messages faster. The android system enables the phone to work faster thus giving the user an easy time when typing or dialing. When it comes to other features, the phone has been designed with more attractive features that give the consumer a good experience. The main function of the phone is to enhance communication by allowing the user to easily access contact list or send a message. Other features include a camera, storage, clock, speaker, calendar, calculator and the phone’s physical appearance. When it comes to the component, the phone is faster, considering the speed of its Android system, it, therefore, enables faster processing of information. The phone is of high value since it has been rated the second best phone after iPhone from Apple Company. Therefore the cost of the phone is high compared to the cost of other smartphones.
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With the analysis of the Samsung smartphone, it is important to consider the changes in technology, and therefore the customers will demand more from electronic products. Electronic manufacturing and distribution companies should be swift when it comes to adopting new technology; this does not happen without innovation. Samsung, therefore, needs to upgrade on their products and in this case Samsung smartphones. The main reason for the need to upgrade revolves around the high cost of the phone versus the value. You find that Samsung smartphones lack enough storage and hence it requires the customer to always look for external storage, the phone's storage does not allow the user to install more applications because it will slow down the processing speed, which is discouraging to most Samsung users.
The value analysis of Samsung is a guide towards meeting future customer expectations by; first; the Samsung should focus on improving the storage space for their smartphones. It will allow the customer to install more applications. Secondly, there is need to improve on the camera; you find that the phone is too expensive, but has poor camera quality; this puts off customers who would like to buy a smartphone with clear camera quality. Third; the company should focus on reducing the price of their phones by considering the storage, camera, android system, top-notch technology, and other features. All these should determine the price of the product. Fourth, there should be accessibility to spare parts, so that customers can spend less when repairing the phones, statistics indicate that Samsung products cost more when repairing because the spare parts are scarce. Lastly, the company should be more innovative on the physical appearance of their smartphones. The above suggestions basing on value analysis are ideas that the company could embrace to continue being the most preferred company when it comes to smartphones. Improving the quality of the smartphone will attract more consumers.