A new study (.PDF) by market research firm Interpret has much better news for Palm than its latest financial report. In fact, the study states that in terms of mindshare, the Palm Pre is second only to the iPhone.Mindshare is the development of consumer awareness or popularity. In its study, Interpret noted that "Palm has seemingly demonstrated that other brands can successfully launch smartphones that not only match the iPhone’s glow, but can stand alone in their own right" and that "consumers intending to purchase a smartphone no longer feel that the iPhone is the only player in the smartphone market."
Interpret identified the key drivers of smartphone purchasing decisions as perceptions that the device is, in order of ranking:
- Smart (intelligent, adept, 53%)
- Cool (hip, trendy, 48%)
- Productive (efficient, organized, 44%)
- It appears the most highly publicized signature smartphones are no longer expected to simply accomplish advanced tasks, but they must also project three key attributes (those listed above)of their owners to others.
- Even though the Pre has not sold millions, its significant role in jumpstarting Palm’s revival has put the brand in a place to expand to different carriers—and increase its market share by developing similar handsets. Palm delivers a prime example for other vendors on how to market and position a phone to not just match the iPhone, but to establish a unique place for the handset to flourish on its own merits.
Palm potentially could sell a boatload of these.

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