KODAK AT A CROSSROAD: THE TRANSITION FROM FILM-BASED TO DIGITAL PHOTOGRAPHY Case Objectives and Use After reading and studying this case‚ students should be able to (1) understand the forces of change that were reshaping the business environment for firms in the photography industry in the twenty-first century; (2) understand the risks involved in developing corporate level strategy when the cash cow business is in a declining market; and (3) Understand the risks involved in competing in a
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“Impact of the Digital Revolution in Marketing and Consumer Behaviour” Table of Contents Introduction * Digital Revolution * Marketing * Consumer Behaviour Analysis/Research * Impacts on Marketing * Impacts on Consumer Behaviour Conclusion References Introduction The Digital Revolution is the change from analogue mechanical and electronic technology to digital technology that has taken place since c. 1980 and continues to the present day. Implicitly‚ the term also refers to the sweeping
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Problem Definition The problem in this case is Kodak’s steadily eroding market share and shareholder value in the film rolls market. This is especially undesirable given the fact that the market has been growing at a tepid 2% annual rate and the steadily increasing threat from competition. Kodak needs to come up with a strategy for corrective action so as to arrest this decline‚ regain market share and increase share holder value. Kodak’s strategy is to reposition itself by targeting a new segment
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to enter the digital business to date? Kodak was aware of the opportunities in the digital market as early as 1980s and allocated resources into the digital business‚ but the inconsistency of leadership strategies and resistance at the management level made it difficult to embrace opportunities in the digital market and stood out amid rigorous competitions. Kodak spent massive amount of research into exploring digital technologies since 1983‚ after Sony launched the first digital camera. The inconsistency
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Eastman Kodak Company: Funtime Film 1. Diagnose the reasons for Kodak’s market share loss and make your assessment of the likely development of the market if Kodak maintained the status quo. Kodak has been losing market share for the past five years to the point it has gone from 76% to 70%. The underlying causes that have generated such losses and have ultimately led consumers to favor competing brands with larger growth are: I. Consumers are tending to view film as a commodity‚ often
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Case Study: Eastman Kodak AdministratorJanuary 27‚ 2012Case Studies Kodak’s last chance for survival ~ a recommendation on strategic direction Author: Tony Lan Foreword During 2011‚ Kodak was under intense pressure to survive in the digital imaging business. As professor Burley describes‚ ‘Kodak was caught in a perfect storm of not only technological‚ but also social and economic change’ (Neate‚ 2012). As of Thursday 19 January 2012‚ Kodak filed for bankruptcy protection (Neate‚ 2012) and has
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How Kodak suffered due to a wrong decision. Kodak‚ because of its market dominance until the 1990s‚ was the one of the world’s top five most valuable brands. Kodak’s filing for Chapter 11 bankruptcy protection brings to an end over 130 years of a brand that our grandparents’ generation would have seen as revolutionising their lives. Kodak‚ the company that George Eastman started over 130 years ago was to become part of the lives of everyone who wanted to take pictures of events both special
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Eastman Kodak – Case Analysis Problem The problem in this case is concerned with Eastman Kodak losing its market share in film products to lower-priced economy brands. Over the last five years‚ in addition to being brand-aware‚ customers have also become price-conscious. This has resulted in the fast paced growth of lower priced segments in which Kodak has no presence. Kodak plans to address this issue by introducing a new brand‚ “Funtime” in the economy brand segment. Kodak also proposes to replace
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CASE: Kodak Business Imaging Systems Divisions By Problem How does a multinational corporation choose between various manufacturing sites for its products? Kodak’s business Imaging Systems Division designed‚ manufactured‚ marketed and sold microfilm readers and printers. More than 50% of reader/printer businesses were outside the U.S. Kodak’s readers and printers were manufactured in two plants; Rochester‚ NY and Manus‚ Brazil. The Rochester plant served the world market except Brazil. The
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PROBLEM STATEMENT Kodak is the photo film market leader since 1994 but the company is loosing share‚ in the past five years in United States has decrease from 76% to 70%‚ the main reason is the growing share of brands with lower prices. In January of 1994 Kodak is analyzing if launching a lower price product is the best alternative to stop loosing share. DIAGNOSIS As said before Kodak is loosing market share and looks like if the company doesn’t do something the tendency is going to be the same
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