City University of Hong Kong – Part Time MBA 20th December 2014 FB5601 – Principles of Marketing By Name Lo Man Kin KU Kai Chi Cypress Wong Wong Chi Wing Fok Cheung Kong Student ID (54007922) (53837305) (53822513) (53974350) (53977049) FB5601 – Principles of Marketing City University of Hong Kong TABLE OF CONTENTS Company Profile................................................................................................................................................. 2 Main Competitors
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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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The story of the Nintendo business strategy and brand is nothing short of astounding and competitive analysis played an important part. BrandJapan‚ an annual survey of the strength of over 1‚000 Japanese brands‚ saw a remarkable stability bridging nine years in the cast of personalities inhabiting the top two dozen situations. Then Nintendo came to the market. In the 2005 findings‚ Nintendo was positioned 135 in the survey. Since that point it climbed to 66 in 2006‚ to 5 in 2007‚ and finally to number
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1. The demand for the Wii console is relatively elastic because it has close substitutes which are the PlayStation 3 and Xbox 360 and consumers will tend to shift to others if the price of Wii console increases or if it happens that there is no availability left for it after its first hot lunch. 2. The supply for the Wii console is relatively elastic because the quantity to be supplied is determined through the price. Also in most markets‚ it is said that time period is considered as determinant
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Promotion Nintendo knows that it has a unique and attractive product to a wide demographic at an affordable price. To generate the sales and profits that we have forecasted though will require all of the above features to be effectively communicated to our customers. This is where promotion enters the marketing mix. This mix will consist of a blend of personal selling‚ advertising‚ sales promotion‚ public relations‚ and web site. Our promotional strategy will be based on the Wii Fit target audience
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Analysis of the Nintendo Wii Market in 2006. Please note that an analysis is more than just a list. You need to describe each stakeholder and how they affect the strategy. • Consumers (note: there’s more than one target segment): The case notes that Nintendo targeted non-gamers in addition to gamers. This included consumers of any age and gender. Conversely‚ competitors like Sony focused on teens and males. The case also mentions moms/housewives and families as targets of Nintendo marketing. The
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Case study on Nintendo This case study I am about to present will be aimed at the company of Nintendo Ltd. where I will be focusing on the areas of history followed up with a short informative SWOT analysis. Nintendo’s founder was a Japanese man called Fusajiro Yamauchi who set up the company in 1889 in Kyoto‚ Japan under the name of “Nintendo Koppai”. It was established for the production of Hanafuda which were a type of handmade playing cards. These cards were of great quality as they were made
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and GameCube’s roughly 20 million each. Recently‚ Sony production delay set it back in its war vs. Microsoft’s‚ and to win the future Sony needs to reclaim its total domination within the hardcore‚ 16-25 year old computer savvy‚ gaming market. The Wii is carving its name outside the target market of Sony‚ and it isn’t cost effective attack both the hardcore gaming market and casual gaming market because they want different things. To be successful in the future‚ Sony needs to turn its attention
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MKTG2010G Group 3 - Wii U Flow of Presentation Company Introduction Marketing 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
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EXECUTIVE SUMMARY In December 2012‚ Nintendo Co.‚ Ltd introduced Wii U and hoped it can create another gaming sensation as Wii. However‚ not only Wii U is not as successful as Wii‚ the consumer’s confidence level is declining even in Nintendo’s home market – Japan. Wii U faces competitions from both direct (videogames) and indirect (social/online games and other entertainments) competitors. In addition‚ given Nintendo’s image‚ Wii U is perceived as casual game and received poor response from its
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