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Team 2: SONY eReader Alyssa Walsh Amanda Arvin Mark Leaver Xavier Ortiz Alyssa Walsh Amanda Arvin Mark Leaver Xavier Ortiz
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Mission/Vision/Wining Mission -“Make” “Believe” Vision -Consumer convenience, Affordability Winning -Preferred eReader in education Mission -“Make” “Believe” Vision -Consumer convenience, Affordability Winning -Preferred eReader in education
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Sound Strategy Target students Special Applications Maintain Low-Cost Ease of use Educational sector Young consumers Continuous use Target students Special Applications Maintain Low-Cost Ease of use Educational sector Young consumers Continuous use Customers for life Elementary schools Middle Schools High Schools Higher Education Exclusive content
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Updated Value Curve Refined strategy Sony Reader as a complementor Carve a new market Create innovations, import ideas, and eliminate features
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Low-Cost Leadership/Focused Organization with the ability to produce a good or service at a lower cost then competitors Sony is a Low-Cost leader -Already established distribution channels -Customer base (brand loyal) -Less capital and human resources for expansion Organization with the ability to produce a good or service at a lower cost then competitors Sony is a Low-Cost leader -Already established distribution channels -Customer base (brand loyal) -Less capital and human resources for expansion Organization with the ability to be a low-cost leader in a narrow market segment Sony: considered a focused low-cost leader -Economically priced e-Reader device market segment -One of the lowest price e-Reader devices in market Focus on being a complementor
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Differentiation/ Focused Organization with a uniqueness that customers are willing to pay extra for -Gain greater market share -Higher profit margins Criteria required for successful differentiation -Uniquely satisfy one or more needs that are valued by buyers -Customers must be willing to pay higher prices Coca-Cola and Pepsi Organization with a uniqueness that customers are willing to pay extra for -Gain greater market share -Higher profit margins Criteria required for successful differentiation -Uniquely satisfy one or more needs that are valued by buyers -Customers must be willing to pay higher prices Coca-Cola and Pepsi Unique products are targeted to a particular market segment or arena Greater differentiation = smaller target segment -Less individuals with money to purchase product Mercedes Benz: -Imports only its most expensive top-of-the-line models -Focused differentiator marketing to most affluent industry -Possible future plans for Sony
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Balanced Score Card
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VRINE Valuable (4) Rare (1) Inimitable (1) Non-Substitutability (1) Exploitability (5) Valuable (4) Rare (1) Inimitable (1) Non-Substitutability (1) Exploitability (5)
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PESTEL Political (10) Economic (9) Sociocultural (9) Technology (8) Environment (4) Legal (5) Political (10) Economic (9) Sociocultural (9) Technology (8) Environment (4) Legal (5)
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Porters 5 Forces Rivalry (2) Threats of New Entry (4-5) Supplier Power (2) Buyer Power (3) Threats of Substitutes (4) Complementors (NA) Rivalry (2) Threats of New Entry (4-5) Supplier Power (2) Buyer Power (3) Threats of Substitutes (4) Complementors (NA)
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Profit Pool Entry into new industry Supply Chain Purchasing, production, distribution Functional break-down of revenue generation Entry into new industry Supply Chain Purchasing, production, distribution Functional break-down of revenue generation
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Conclusion/ Wrap Up Be the GO-TO eReader Focus on educational sector Market to younger consumers Consumers for life Exclusive Context only with Sony Different Models Be the GO-TO eReader Focus on educational sector Market to younger consumers Consumers for life Exclusive Context only with Sony Different Models
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