Preview

TiVo Case

Satisfactory Essays
Open Document
Open Document
589 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
TiVo Case
TiVo is definitely an innovation to television. It is unique, and solves many consumer problems. It changes consumer behavior towards TV and allows individuals to be more efficient and flexible in when and how they view. After being on the market a few short years, it has attracted a certain demographic, and has a large reach into the markets. That being said it isn’t the growth that was expected, and there are a few hurtles TiVo will need to overcome to continue to drive success and growth. The product has the ability to become mainstream and change the way we watch TV.
TiVo changes consumer behavior with regards to television in a few different ways. First, it allows for freedom to watch the TV shows when it is most convenient for the customer. If people are busy and are not at their TV at the time the show airs, and they don’t have someone to record it for them on a VCR, then they will miss watching the show. TiVo allows for freedom to watch shows at your own convenience, and also allows customer to watch favorite programs again and again. Another way that TiVo changes the consumer behavior is it allows for fast forwarding through commercials and advertisements. This is revolutionary, and allows for consumers to save about 33% of their time watching shows (30-minute programs usually have about 8-10 minutes of commercials). This allows customers to watch more shows, and have more control of their time.
Based on the information given on strategicbusinessinsights.com, early adopters fall into a few different VALS categories. They firstly and appropriately will fall into the category of “Innovators”. Individuals who have purchased a TiVo in the first few years can be classified as being quick to change, and easy to adopt new technologies. They are change leaders and love trying new products. Explained as people that enjoy the finer things in life, TiVo customers definitely have one of the most innovative and revolutionary products on the market. Another VALS

You May Also Find These Documents Helpful

  • Good Essays

    Trek Video Case

    • 485 Words
    • 2 Pages

    1A) The role of a buying center is to find the best suppliers and vendors for the organization’s purchases. However, at Trek, buying centers make sure that purchasing managers are partnering with vendors who benefit the company. In addition, buying centers serve the role of confirming purchasing managers of the suppliers that do, in fact, meet the qualifications and standards set by Trek. They are a small team focused on negotiating prices that benefit both Trek and the supplier.…

    • 485 Words
    • 2 Pages
    Good Essays
  • Satisfactory Essays

    The main problems faced by TiVo include their low market penetration of their product because of competitors. Competitors were offering customers cheaper options as substitutes for TiVo. Mike Ramsay claims that the biggest issue that TiVo is facing currently is whether or not the company should go all out to “mass market”, meaning that TiVo should invest a majority of their finances to market the product. The other option Ramsay states is whether TiVo should attempt to increase their levels of innovation and differentiation to maintain the substantial distance between themselves and the increasing number of knock – offs. Mike Ramsay felt that TiVo was at their inflection point in 2003, where the company either adapt to the technological…

    • 197 Words
    • 1 Page
    Satisfactory Essays
  • Satisfactory Essays

    Filmore case

    • 261 Words
    • 1 Page

    She would still be making money without having to be directly involved with the company…

    • 261 Words
    • 1 Page
    Satisfactory Essays
  • Satisfactory Essays

    Video Case 9

    • 312 Words
    • 2 Pages

    a) Focus on circulars (ads in Wal-Mart paper) organizing tennis rackets in a positive way that could increase sales. Find a way to sell their rackets for cheap.…

    • 312 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    As Vizio tries to introduce a new line of products into a mature industry, it faces many challenges such as being, comparable to its competitors, finding and filling a niche and most importantly being accepted. “We're here to make innovative technology a commodity. We're not here to build a cheap product; we're here to make the product affordable.” William Wang, CEO, Vizio.…

    • 407 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Tivo Case

    • 1547 Words
    • 7 Pages

    According to Exhibit 3, The Home Entertainment Ecosystem, TiVo’s future and ability to be profitable depends on two factors.…

    • 1547 Words
    • 7 Pages
    Powerful Essays
  • Better Essays

    Seven Metrics Case

    • 1375 Words
    • 6 Pages

    First, we must identify how our brand is doing in contrast to our competitors. To identify our competitiveness the best metric to use would be market share. This will enable us to specifically evaluate both primary and selective demand in the current video streaming market. Although this metric may not provide sufficient information alone, when combined with other metrics it can supply us with the necessary knowledge to analyze how our efforts in the service expansion are working. Furthermore, it is important for us to know the market share of our company and our competitors compared to the overall market size. By analyzing this comparison we become more effective in forecasting strategic and tactical decisions. These decisions will enable us to acquire more customers by either obtaining shares…

    • 1375 Words
    • 6 Pages
    Better Essays
  • Satisfactory Essays

    Technological Innovation: Through offering a wide range of services and features that no other provider offers. These features include: Voice Over IP Telephony, Video On demand with High Definition technology and advanced features such as recording and playing TV shows anytime and high speed internet reaching to 6 MB/S.…

    • 387 Words
    • 2 Pages
    Satisfactory Essays
  • Better Essays

    Roughly a decade ago, the dawn of the “On Demand” feature in television broadcasting brought about a change to the broadcasting industry. For the first time ever, audiences were no longer forced to make their schedules around their favorite programs. Companies such as Comcast and one of its primary competitors, Verizon Communications, found success in the early days of the “On Demand” feature primarily due to its convenience. As time progressed however, alternative products entered the marketplace that challenged the success in which the television service providers were experiencing. Netflix Inc., a web-based service provider, directly challenged the “On Demand” feature by rolling out a product in which consumers had the option to watch a variety of shows or movies online by subscribing to their network. As the popularity of products released by Netflix and other competitors increased, mass media organizations such as Comcast and Verizon realized that they could no longer rest on the laurels of the “On Demand” feature, and had to look for ways to add value to their respective products.…

    • 1460 Words
    • 6 Pages
    Better Essays
  • Good Essays

    Tivo: a Case Study

    • 922 Words
    • 4 Pages

    The case study was all about the launch of TiVo and the consumer behavior around the product. TiVo was launched in 1999 and didn’t quite receive the response the company had hoped for. As a result the marketing team led an effort to further understand the nature of TiVo’s appeal for existing and potential customers and to encourage other participators such as advertisers and television network to take accountability for TiVo’s relevance in the lives of consumers. The bulk of TiVo’s customer base went from young males to affluent families with the children. The consumer behavior illustrated by the case was all about changing attitudes to reflect perceived enhancements in lifestyle. TiVo users quickly formed emotional attachments to the products as they came to the products as improving their relationships with their families and saving them time for things they enjoyed.…

    • 922 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Netflix Research Paper

    • 339 Words
    • 2 Pages

    Suggesting that the idea of having TV shows you wanted to watch at your fingertips for a fee would never work, it appeared that nobody was convinced. Not even the stars in Hollywood. This attitude changed when people started subscribing and noticing the lack of commercials. Entertainers started liking the idea when they realized there were less restrictions. The idea of say what you want, show what you want and do what you want is enticing to someone who wants to entertain the masses.…

    • 339 Words
    • 2 Pages
    Good Essays
  • Better Essays

    Tivo 4 P's

    • 1187 Words
    • 5 Pages

    The key elements of TiVo’s business strategy were partnerships with some networks (NBC, CBS), collaborations with Phillips and Sony promising to deliver a better TV-watching experience to consumers. Furthermore TiVo offered advertisers a way to target certain demographics more effectively using TiVo’s ability to track the watching preferences of its users. TiVo’s strategy was a revolutionary concept for “couch commerce,” a growing niche of consumers that TiVo felt was underserved.…

    • 1187 Words
    • 5 Pages
    Better Essays
  • Satisfactory Essays

    Tivo Case Summary

    • 333 Words
    • 2 Pages

    - Innovation: TiVo has innovated its product to provide premium service applications like HMO and unique opportunities for advertisers and networks to air "showcases" – four-six minute long commercials.…

    • 333 Words
    • 2 Pages
    Satisfactory Essays
  • Better Essays

    Telus Case

    • 1030 Words
    • 5 Pages

    After acquiring Clearnet in 2000, TELUS’s digital coverage expanded to 22.6 million Canadians, a growth from 16% of the total population to 73% in one year. (Exhibit 4,5 ) This acquisition helped to expand their customer base by 27% bringing the total to 2.1 million subscribers.…

    • 1030 Words
    • 5 Pages
    Better Essays
  • Good Essays

    Mass Media Tv and Radio

    • 639 Words
    • 3 Pages

    With technology becoming more and more advanced TV watchers after paying a little extra can have such options as recording favourite shows, sports games, films etc. if they don’t have time to watch it while they are broadcasted. With the press on remote controller people can create their own watch list, participate in various live contests, donate money, order food, buy certain items that they see on the infomercials, they can even forward the commercials or skip them at all while watching an interesting movie.…

    • 639 Words
    • 3 Pages
    Good Essays