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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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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attractive is the video game console industry in 2008? The video game industry can be seen as part of the broader entertainment industry‚ which is a sector that involves most part of the population all over the world‚ especially in the developed countries. The more countries will develop‚ the broader the entertainment industry’s consumer base will become‚ with the consequence of greatly widening video game industry’s potential customers. More specifically‚ video game console industry has been growing
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develop a strategy that sees Nintendo maintain its market leader status once it is in the market maturity stage Background: Nintendo has been in existence since 1889‚ starting with cards and then expanding into toys and games Nintendo is the leading video game maker in the United States Nintendo has had phenomenal success with their recent launches of Wii and DS In 1992‚ Nintendo had captured 80% share of the market for video games Forecast:1 Nintendo is forecasted to sell 14‚000
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Product lifecycle of the Nintendo Wii Key: 1. INTRODUCTION 2. GROWTH 3. MATURITY 4. DECLINE A production life cycle illustrates the phases that a product goes through during its existence. The graph above shows the growth of the Wii since its introduction in 2006 when it was launched onto the market. The continual upwards sloping line shows no sign of decline as after five years it is still at the top of cutting edge technology. This shows that Nintendo has redefined what was traditionally
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★★★★☆ Nintendo Switch: $300 Worth it? The new Nintendo console‚ the Nintendo Switch is here‚ and it sells out very quickly. If you’re lucky enough to have one‚ you might have your own opinions about the console‚ but if you’re planning on buying it‚ you might want to take these tips into mind. I really like this console‚ but now I’m going to nitpick it. So: is the Switch worth the $300? The first thing to notice about the Switch is the size. The console is very small. This is because the
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each other. The Wii‚ an advanced video gaming console‚ represents a bold new direction for Nintendo. In developing such an innovative product‚ the company has brought gaming to a whole new level. What makes the Wii especially unique is the Wii remote‚ a distinguishing feature. The white‚ wireless controller is used as a handheld pointing device‚ with the ability to detect movement in three dimensions. In developing the Wii console‚ Satoru Iwata asserted‚ “Our job is to constantly look
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working to shape the industry dynamics. News Nintendo has joined forces with McDonald’s to offer free wireless internet access in the US for its DS handheld games console. (BBC News‚ October 18‚ 2005‚ retrieved from http://news.bbc.co.uk/1/hi/technology/4353480.stm) Analysis This deal reflects a Nintendo’s strategy to 1) ramp up the network effect and 2) create a lock-in of game players who play games outside. One of the key features of Nintendo DS‚ a successful portable game device‚ is its
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Five Forces Analysis of the Computer Games Industry(NINTENDO) As explained by porter the five forces framework helps to identify the sources of competition in an industry/sector –(the competitive environment) Customers Since console manufacturers suggest retail prices over entire countries or regions‚ individual customers have no bargaining power. Software purchased for one console cannot be played on other consoles so switching costs are high; if an individual wants to play a particular
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Nintendo: Disruptor being disrupted! Background In 2010‚ the video game market’s revenue was US $ 62.7 billion of which game software revenue accounted for US $ 29.8 billion. The video game industry was mainly made up of 4 segments: PC gaming‚ console gaming‚ handheld gaming and mobile gaming. The video game industry had seen a transition from traditional gaming to multiplayer gaming‚ social network gaming‚ free online games and freemium games where full versions required purchase. The consumers
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