Competitive Strategy in Game Consoles Jay Conrod‚ Klimka Szwaykowska; Mar 7‚ 2007 The interactive entertainment industry has grown remarkably quickly in recent years. Since 2001‚ the market has been dominated by three major players: Sony‚ Microsoft‚ and Nintendo. Of these‚ Nintendo had the smallest market share‚ even though the company had historically dominated the market. In 2004‚ faced with strong competition from larger and wealthier rivals‚ Nintendo had to come up with an innovative
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Strategic Analysis for Nintendo Co. Ltd. Executive Summary Nintendo Co. Ltd. is a longstanding member of the home entertainment software industry that has embarked on a mission to offer the highest quality products and services while treating their customers with attention‚ consideration and respect. Nintendo’s strategy thus far has been to take advantage of their video game development capabilities; nearly 60% of games sold by Nintendo are self developed. The innovative capabilities derived
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though Nintendo entered the video game market before than the others? Nintendo has a rapid expansion of the brand in the late 1980s and early 1990s‚ when Nintendo enjoyed a near monopoly in console gaming worldwide. But in the mid-1990’s Sony with its play station and Microsoft with Xbox are introduced. Nintendo then made a number of serious errors that saw its market share drop off sharply against competitors. And also Sony has lots of products as reliable brand in addition to this Nintendo has easy
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Industry analysis ……………………………..………………….……...…......4 Competitors strategy ……………………….……………………………………. Microsoft – A differentiator………………………….…......7 Sony – A differentiator ……………………….…………………9 Analysis of competition………………………………………………………11 Nintendo’s strategy …………………………………..……………………….14 SWOT ………………………….…………………………………………………….17 Recommendations …………….………………………………………………18 References ……………………………..………………………………………….20 Introduction The first video game was created in the 1960 ’s. Half a century
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HISTORY OF NINTENDO Nintendo Company‚ Ltd is based in Kyoto Japan. They are recognized as being the "worldwide leader in the creation of interactive entertainment" (Nintendo‚ 2002‚ PG). Some of the world’s best selling video gaming has come from the Nintendo Company‚ including Game Boy and Nintendo 64. In America Nintendo is based in Redmond‚ Washington. It is interesting to note that in American households nearly 40% have a Nintendo product. The latest product launched by Nintendo has been
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Nintendo ’s Wii three main target consumer groupsNintendo discovered that in order to succeed in its business undertakings‚ it needs totarget different groups of consumers that are sure to earn them a substantial profit. Ittherefore purposed to intensify its promotion strategies to high earning individuals most ofwhom were young adults and therefore interested in video games. Their target customerscomprised of members of the armed forces that were mostly interested in golf‚ teachers thatmostly took
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Nintendo applied “Differentiation strategy” for Wii. A completely new innovative design in Wii Remote and Wii Nunchuk differentiate Wii as a new video game standard. It has been very competitive in game console market when Nintendo announced their new product “Wii”. XBOX and PlayStation had taken a major market share since Wii’s predecessor Game Cube lost ground in the game console market. Nintendo understands only price does not help them to gain back market shares. It is “Differentiation” will
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The Marketing Strategy of Nintendo Wii The Wii is a home video game console‚ launched in the major global markets at the end of 2006. It is released by Nintendo‚ which is one of the most influential and reputable leading brand in the world’s game industry with age-old history‚ exclusive brand culture and loyal fans. Over the past few years‚ three main game companies have been vying for market share and sales in a highly competitive market: one is Nintendo’s Wii‚ which we will mainly focus on in
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Mix Competitor Analysis Target Customer Marketing Strategy Marketing Objective SWOT Analysis Survey Findings Image Projected by the Video Ways to Reach Targeted Customers Nintendo Co.‚ Ltd. •A Japanese company which focuses on consumer electronics and video games industries •The world’s largest video game company by revenue in 2011 •Founded in 1889 but only entered the video game industry in 1974 Mission Statement • “At Nintendo we are proud to be
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Nintendo’s Disruptive Strategy Implications for the Video Game Industry Agenda The Video Game Industry Disruptive Technology Nintendo’s Disruptive Strategy • Dominated by Industry Leaders • Customer Base Declining • Creates a New Market • Creates a New Value Network • New Market: Adults and Children • New Value Network: Simplicity & Exergaming • Excellent Graphic Capabilities Nintendo’s Competition • High Development Costs Recommendations for • Saas Video Games Nintendo’s Competitors
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