Nintendo WII Case Business 412 September 21‚ 2014 Company name Nintendo WII Industry: Video Components and games Company website: (www.nintendogames.com) Company Background: Nintendo was a small Japanese business founded by Fusajiro Yamauchi on September 23‚ 1889 known as Nintendo Koppai in Kyoto Japan. They produced and marketed Hanafuda cards. The name Nintendo meaning “luck In Heaven. Hanafuda was a handmade card and was successful. (www.Nintendo.wikipedia.com). In 1959 Nintendo stuck
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Strategic Management – Nintendo Wii Case 12th August‚ 2009 PGSEM 2009 Sec-? Strategy Group I Dinesh Bhagwat 2008020 Bobby Kurian 2009009 Sajith Radhakrishna Shetty 2009053 Mathew Jacob 2009030 Threat of new entrants The video game console industry‚ being a typical oligopoly‚ enjoys high barrier to entry. Three firms dominate the industry with comparable market share. See Exhibit 1 and 2 for latest sales data. Existing industry
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introduction of Wii in 2006 revolutionized the gaming industry by providing greater interactive gaming for all consumers beyond just gamers. In 2006‚ Nintendo won more awards than any other companies‚ including “Best of Show” award and “Best Hardware" award. In 2007‚ more than 99 per cent of its revenues came from electronic entertainment products‚ counted for $1.5 billion earnings. Nintendo was unable to meet the demand for its console due to the unexpected success of the Wii and DS handheld
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Product Critique: Wii U Nintendo was very successful in the video-game industry for many years‚ but the launch of the Wii U was a complete disaster. In order to understand the failure of the Wii U launch we need to list its positive and negative features and compare them to its direct competitors‚ Xbox One and PS4‚ and indirect competitors‚ smartphones‚ pc’s and tablets. Although the GamePad was innovative‚ it was not enough to attract new customers. The biggest reason was the lack of new games
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Geographic Segmentation Geographic segmentation calls for dividing the market into different geographical units such as nations‚ regions‚ states‚ counties‚ cities‚ or even neighborhoods. A company may decide to operate in one or a few geographical areas‚ or to operate in all areas but pay attention to geo-graphical differences in needs and wants. ACI Logistic Ltd (shwapno) today is localizing their products‚ advertising‚ promotion‚ and sales efforts to fit the needs of individual regions
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Wii vs. Xbox 360The Nintendo Wii and Microsoft Xbox 360 are two of the most revolutionary new game systems. The Xbox 360 is more powerful‚ but on the other hand the Wii has some unique features and a lower price tag. In many ways these two consoles are very alike. At the same time they also have many differences. Nintendo and Microsoft reach out to different audiences with their unique gaming systems. The Xbox 360 was released in fall of 2005. The Nintendo Wii was released two years later in fall
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Segmentation‚ Targeting‚ and Positioning Segmentation‚ targeting‚ and positioning together comprise a three stage process. We first (1) determine which kinds of customers exist‚ then (2) select which ones we are best off trying to serve and‚ finally‚ (3) implement our segmentation by optimizing our products/services for that segment and communicating that we have made the choice to distinguish ourselves that way. Segmentation involves finding out what kinds of consumers with different needs
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Accessed on 11th October on http://cb.hbsp.harvard.edu/cb/product/BOS001-PDF-ENG Kim & Mauborgne (2010). Blue Ocean Strategy: What is Blue Ocean Strategy. Accessed 10th October 2011 on http://www.blueoceanstrategy.com/abo/faq.php Patricio OG (2008). Wii: Creating a blue ocean The Nintendo Way. Palermo Business Review 2: 97-107. Accessed 13th October 2011 on http://www.palermo.edu/economicas/cbrs/pdf/wii.pdf
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Bibliography: Silverman‚ D. (2006). Interpreting Qualitative Data. 3rd edition. Sage. McDonald‚ M. Dunbar‚ I. (2004). Market Segmentation: How to do it‚ How to profit from it. Elsevier Butterworth-Heinemann. Pumphrey‚ A. (2005). Business Superbrands. Superbrands Ltd. Tedlow‚ R.S. (1990). New and Improved. Heinemann Professional Publishing. Gilligan‚ C. Wilson‚ R.M.S. (2003). Strategic
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Segmentation Segmentation is essentially the identification of subsets of buyers within a market who share similar needs and who demonstrate similar buyer behavior. The world is made up from billions of buyers with their own sets of needs and behavior. Segmentation aims to match groups of purchasers with the same set of needs and buyer behavior. Such a group is known as a ’segment’. Think of you r market as an orange‚ with a series of connected but distinctive segments‚ each with their own profile
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