Tsiklauri Case: Eastman Kodak Company: Funtime Film Problem Definition: From the beginning of the case Kodak’s problem is clearly seen. During January 17 and 24 Kodak stock had lost 8% in value. Also Kodak market share fell by 6%‚ from 76% to 70% over the past five years. Also the market annual unit growth rate averaged only 2% while the main competitors’ averages were much more impressive – 15% of Fuji and Polaroid and 10% private labels. The problem is that Kodak is losing its market share
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Kodak: Funtime Film Case Analysis Marco Cader Prof. Fruzzetti MRKT 4001 12/13/2012 I. Situation Analysis Eastman Kodak Company‚ founded in 1889 by George Eastman‚ was the prime manufacturer and distributor of easy-use cameras and films. Films being their main product of grandeur; Kodak stood out above all competitors by all means. By the first hundreds of years‚ Kodak had the highest market share in the film industry‚ both globally and in the United States. Things were about to change
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of Eastman Kodak Company: Funtime Film Situation Analysis: Current product offerings of Kodak: Product Segment Focus of the product Competition Ektar Super Premium Professionals and serious amateurs Fuji Reala @ 10% higher price Gold Plus Premium Brand Flagship product Agfacolor Industry: Market is stagnant with annual unit growth rate of 2%. Kodak has overall 70% market share in films sold in US. Consumer Behaviour: 50% customers are Kodak Loyal‚ 40%
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Eastman Kodak Company – Funtime Film Question: Is Kodak doing the right thing with the decision to have line extension: Gold Plus‚ Royal Gold and Funtime? If we consider protection and growth of Kodak’s total market share to be the key objective then the introduction of a new brand in the Economy price-tier is a strategic MUST. It is crucial to be presented in the Economy tier which is fastest growing‚ and represents a segment with the biggest competitors. The key objective for Funtime is to
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the steadily increasing threat from competition. Kodak needs to come up with a strategy for corrective action so as to arrest this decline‚ regain market share and increase share holder value. Kodak’s strategy is to reposition itself by targeting a new segment of price sensitive customers and re-segmenting the super premium customers’ space by including a wider segment of special occasion customers. Supporting facts for the problem statement: Kodak has overwhelming market domination‚ but its US market
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TITLE: Eastman kodak company: funtime films QUESTION: is kodak doing the right thing with the decision to have line extension: kodak gold plus‚ kodak royal gold and kodak funtime? Support your statement. On my opinion that is good and right movement to have line extension and repositioning. The problem in this case is that Kodak enjoyed its overwhelming power through the years in US market without really doing anything. There was steadily decreasing market share and shareholder value in the
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Problem of the case CEO of Kodak had to set out new strategy for film products‚ because during January 17 and January 24‚ 1994‚ Kodak lost 8% in value on rumors if a price cut. Kodak was still a dominant in photo film market‚ but he had a lot of competitors like Fuji Co. and Konica Corp. They were offering consumers lower priced products. Market share of Kodak was falling from about 76% to 70% over the past five years. Kodak introduced new product‚ Funtime Film‚ which would be priced at lower
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Title: Eastman Kodak Company: Funtime Films Question: Is Kodak doing the right thing with the decision to have line proliferation: Kodak Gold Plus‚ Kodak Royal Gold and Kodak Funtime? Support your statement if yes‚ if no‚ please provide practical suggestions what to do instead. Kodak is (in 1993) the dominant market player in U.S. with market share of 70%. In last 5 years the market share of Kodak decreased by 6 %. The main competitors are Fuji Photo Film Co (11% market share) and Konica
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INTRODUCCION Eastman Kodak sufre un significativo declive en su cuota de Mercado a manos de productores de marcas de bajo precio y marcas propias. Este caso presenta la propuesta de George Fisher‚ CEO de Kodak para lanzar una nueva marca economica para combatir esos rivales. Categorizada por Fortune 500 con $20 millones en ganancias en 1994‚ Kodak es una empresa estadounidense dedicada a proveer equipos de fotografia y suministros. Hoy en dia‚ la compania involucra cada vez mas la tecnologia digital
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Statement of Facts Funtime‚ Inc manufactures videogames machines. Funtime‚ Inc encountered decline in profits as a result of the modernized technology. To offset the decline in profits the management team focused on manufacturing economics and increased production by developing an incentive program for production managers whose contribution allowed for an increase in the amount of units produced and a decrease in its cost. The production management team improved manufacturing by increasing the
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