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How Marketing Hype Hurt Boeing and Apple

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„How Marketing Hype Hurt Boeing and Apple“

We all know, Marketing is the key to success, doesn’t matter if we are talking about automobile manufacturers or the bank sector. They all need a strong marketing strategy or marketing plan to reach the main goal in businesses: “make your customer satisfied”.
Customers are the most important and I guess the biggest part of stakeholders, but there are also shareholders also called as investors, which are interested in marketing activities as well.
However, the article “How Marketing Hype Hurt Boeing and Apple” published in the
Harvard Business Review on November 2nd 2007 and written by John Quelch, talks about two companies, Boeing, one of the two market leaders in the airplane branch and Apple, which was temporary the most valuable brand in the World (July 2011) and perhaps the most innovative company the last couple of years, their marketing activities in 2007 as well as the associated effect to shareholders.

A shareholder or stockholder is an individual or institution that owns one or more shares of stock in a public or private corporation and is interested in the business performance of that company. Respectively, those kind of stakeholders are also directly influenced in their actions by marketing decisions, the current market situation etc.
Boeings marketing managers for instance did a great job, when they showcased a prototype of their new aircraft model 787, also known as “Dreamliner”, to the public from behind the hangar doors in July, 2007. That was followed by orders in amount of
700 (approx. revenue of $108,500 million) from 50+ airlines, new record at that time. But there were two problems. First, part suppliers couldn’t manufacture main parts of the aircraft like wings and parts of the interior, which means Boeing wasn’t able to assemble the aircrafts in time and

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