Sony needs to focus on four initiatives to change its business strategies: 1) target consistent profits in core hardware, 2) provide new user experiences, 3) reach new customers, and 4) increase environmentally conscious products. It faces three challenges: managing its own video platform fees, bundling 3D equipment and software, and enabling 3D viewing with TVs only. Sony will launch 3D home products in 2011, target over $10 billion in 3D revenue by 2013, strengthen mobile collaboration, and reduce power consumption per product by 30% by 2016.
This is the PowerPoint presentation of a Marketing/Business Plan me and four of my classmates made for Sony\'s consumer electronics market for our Marketing Management class.
Similar to How must sony_change_its_business_strategies_f (20)
1. How must SONY change its
business strategies for 2010 and
beyond?
s1150010 Kazuma Arimori
2. Content
1. Four initiatives
2. Three challenges of SONY
3. New TV model to advance
4. Strategy of game business
5. Strategy of 3-D business
6. Strategy of 3-D business
7. SONY thinking natural environment
8. Reference
3. Four initiatives
Target consistent profitability in core hardware
businesses (TV, game and digital imaging).
Provide new user experiences integrating innovative
hardware, software and services.
Reach out to new customers and develop new
geographic markets.
Increase Sony’s focus on environmentally conscious
products and processes.
4. Three challenges of SONY
1. It becomes an entrepreneur who manages VPF by
itself, and low-cost digitalization of the movie
theater is supported.
2. It is a bundle strategy that bundling sells the
equipment and software related to 3D.
3. It can enjoy 3D contents only by the main body of
the television.
5. New TV model to advance
Create a new revenue model beyond conventional
TV business models.
1. Introduce “Evolving” TV that delivers new
applications over the network.
2. Develop new generation displays using proprietary
Sony devices.
6. Strategy of game business
Target returning to profitability in the fiscal year
ending 2010.
Increase revenues by expanding
hardware/software sales and enrichment of
PlayStation®Network services.
Improve profitability in the game business by cost
reduction and other measures.
7. Strategy of 3-D business
Launch 3D-related products for the home, including
TV, Blu-ray DiscTM players/recorders and 3D
gaming on PlayStation3 in the fiscal year ending
March 31, 2011.
Provide solutions for 3D content production,
distribution and theatrical projection to lead the field
in broadcast and professional businesses.
Target revenue from 3D-related products of more
than 1 trillion yen (excluding content) in the fiscal
year ending March 31, 2013.
8. Strategy of mobile business
Strengthen collaboration with Sony Ericsson Mobile
Communications.
Expand Sony’s lineup of network-connected
products. Target installed user base of 350 million
units by the end of the fiscal year ending March 31,
2013.
9. SONY thinking natural
environment
Target 30% reduction of power consumption per
product by the end of the fiscal year ending March
31, 2016, compared to the level of the fiscal year
ended March 31, 2009*.
Target zero environmental footprint throughout the
life cycle of Sony’s products and business activities
as long-term goal.