Sony Corporation Case Study

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IN CONCLUSION AFTER PREPARING AND STUDYING THE RESEARCH ABOUT SONY CORPORATION WE HAVE REACHED TO THE DECISION THAT EVEN THAT SONY HAS A WELL KNOW BRAND NAME AND ITS KNOWN FOR ITS PRODUCT QUALITY BUT IT HAS TO FOCUS ON SEGMENTS THAT SHOULD HAVE THE CERTAIN FEATURES AND GENERATE SALES. IT HAS TO BE CURRENTLY ONE OF THE MAIN SEGMENTS, AS THE CEO OF SONY ADVISED IT ALSO SHOULD FOCUS ON INNOVATION AND CREATIVITY ON A NEW HIT PRODUCT AND PRODUCE PRODUCTS THAT FULFIL CUSTOMERS’ NEEDS AND DEMANDS IN ORDER TO INCREASE IT SALES ESPECIALLY IN CELL PHONES AND HOME APPLIANCES PRODUCTS. COMPETITION SHOULD BE MODERATE IN THIS MARKET SEGMENT. LASTLY, SONY SHOULD ALREADY HAVE A RELATIVELY BIG MARKET SHARE IN THIS SEGMENT SO THAT THEIR SUBSEQUENT STRATEGIES CAN BE IMPLEMENTED MORE EASILY. SONY MANUFACTURES A VARIETY OF OFFERINGS, SUCH AS BATTERIES, CAMERAS, COMPUTER MONITORS, DVD PLAYERS, FLAT SCREEN TVS, MINIDISC AND WALKMAN STEREO SYSTEMS, SEMICONDUCTORS, STEREOS, TVS, VCRS, AND…show more content…
THUS, PRODUCTS AND MARKETING PRACTICES TOO HAVE TO BE DESIGNED WITH THE NEEDS OF THE PEOPLE IN THESE COUNTRIES IN MIND. OF COURSE, SONY IS NOT MAKING LOCALIZATION OF THE FEATURES AND DESIGN - FOR SPECIFIC MARKETS. IN MOST CASES, CUSTOMERS ARE WILLING TO PAY A PREMIUM PRICE IF THEY CAN GET THE FEATURES THEY WANT. IT IS RECOMMENDED THAT MORE, FOCUSED R&D EFFORTS TO DEVELOP WORLD LEADING TECHNOLOGIES AND INTERFACE DESIGN, BE STARTED AS SOON AS POSSIBLE. THIS IS AN AREA OF THE MARKET THAT IS LIKELY TO EXPAND GREATLY AND RAPID DEVELOPMENT OF ATTRACTIVE, LOCALIZED DEVICES - SPECIALLY FOR EMERGING MARKETS, IS ESSENTIAL. SONY CAN ALSO EFFECTIVELY UTILIZE ITS VAST LIBRARY OF MUSIC AND MOVIE CONTENT TO DESIGN AN ‘ITUNES’ LIKE ECOSYSTEM FOR ITS MOBILE DEVICES. FOCUS ON DIVERSIFIED, LOCAL

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