| Marketing Plan Nintendo Encore | | | | | | | | | | | | | TABLE OF CONTENT 1. Executive Summary 4 2. Problem Statement 4 3. External Analysis 5 3.1 Macro Analysis 5 3.1.1 Demographic 5 3.1.2 Economic 5 3.1.3 Social-Cultural 6 3.1.4 Technological 6 3.2 Meso Analysis 7 3.2.1 Global Video Game Industry Sales 7 3.2.2 New Trend in Video Game Industry 8 3.2.3 Porter’s Five Forces 9 3.3 Competitors Analysis 10 3.3.1 Sony 10
Premium Video game console Nintendo Wii
target customers. The next step is the marketing mix‚ one should think of the four P’s that will serve their product. Many other concerns come after such as the type of the consumer product‚ differentiation strategies‚ branding elements‚ product-life-cycle‚ adopter’s categories and pricing strategies. In this paper‚ all these points will be covered and applied on Nintendo’s seventh generation console which is the Wii. It is a new direction for the company. Nintendo desired to create an assimilation of
Premium Wii Pricing Marketing
Total software revenue has declined only 6.7% this year. This is because consumers are buying slightly more expensive games. During January to May in 2009‚ the revenue of Wii increased 10%. Meanwhile the PS3 has increased only 8%. The change in the first 5 months of 2010‚ PS3 has taken up every bit of market share ceded by Wii. The article has used following economic concepts: 1) Demand and Supply 2) Substitutes 3) Price Elasticity 4) Market Structure Definition Demand and Supply (1)The
Premium Supply and demand
The Wii is a home video game device released by Nintendo (Japanese company) on November 19‚ 2006. The sales of Wii until 2011 is 5 billion dollars ‚ this is only in 5 years. The Wii primarily competes with Microsoft’s Xbox 360 and Sony’s PlayStation 3. Nintendo states that its device targets a broader demographic than that of the two others.[8] As of December 2011‚ the Wii leads the generation over the PlayStation 3 and Xbox 360 in worldwide sales‚[9] and in December 2009 broke the record for best-selling
Premium Wii Video game console Xbox 360
Nintendo Case Study 1. Characteristics of game console industry? Competitive technology-focused‚ with hardcore gamer as a target market. Fast changing industry‚ since the product lifecycle is comparatively short. People demand shifted as economy changes. Different specs‚ model‚ and prices are needed to fulfill the ever-changing demand. Game console company have to balance between suitable price and quality. People are looking for new experience of game playing. 2. The Five Forces
Premium Video game console Nintendo Wii
Tbc n€& LJ/pe suruuding h*ich overshadcred *e innoduction of -Wii system bliday seasm" Ss5r srted is vidm ganre console segmen since 2ffi0‚ Iwata warited to todally change the ryrtet’s perception oftheWii by pxwiding anentirely different video strare in ttre gamc playingc4pqi€‚ne that would be less intimidat- o casual garws and to people who bad not previou$ plapd video garrs. The concept un&dying ing the ent Wii--with its inrcvrtive tw6 dtt6 later. ffitroll€r-lras’ to
Premium Nintendo Video game console Wii
Phase 1 Report: Strategic Position Analysis Industry Nintendo of America Organisation Name Organisation Contact Name www.nintendo.com Website URL Email Address 4820 150th Ave. Northeast Address Redmond City WA State / Province 98052 Zip / Postal Code Individual Organisation Type Video Gaming Industry UNITED STATES Country Nintendo of America Inc.‚ established in 1980‚ is a subsidiary of Nintendo Co. of Japan. They have been the worldwide leader in the creation of interactive
Premium Video game console Wii Nintendo
Responding to the Wii Group Case Writeup BUSMHR 4490 In the Harvard Business Review case Responding to the Wii‚ Kazuo Hirai was faced with an interesting dilemma. Hirai‚ the chief executive of Sony Computer Entertainment Inc. faced pressure due to Sony’s Playstation 3 video game console losing market share to the Nintendo Wii. Hirai faced a major business decision in deciding how Sony should respond to the cheaper‚ more interactive‚ family oriented
Premium Video game console Nintendo Wii
and Nintendo. Buyer Power The bargaining power of buyers is high because there are many options with very low switching costs. Substitutes Low substitute power because they are not very similar (like TV or other entertainment device) and don’t fulfill the same exact purpose. Sony has few competitors due to high barriers-to-entry and startup costs but buyers and suppliers (game developers) have high bargaining power and low switching costs. Sony should target a new market as Nintendo did
Premium Video game console Microsoft Barriers to entry
MARKETING REPORT Contents Page 1: Title page Page 2: Contents page Page 3: Executive summary Page 4: Situational analysis Page 5-6: Marketing strategy Page 7-8: Marketing mix Page 9-10: Critiques Page 11-12: References Executive Summary This report analyses‚ recommends and concludes details about Nintendo‚ more notably the Nintendo Wii. The report analyses the strengths‚ weaknesses‚ opportunities and threats that Nintendo has. The report touches on the
Premium Wii Video game console Nintendo