UltraElement12722
In your discussion responses to your classmates, compare the…
In your discussion responses to your classmates, compare the various cases they presented in their posts; and, then choose one or two and delve into why something worked (or didn’t). Add to the discussion by addressing any key points you think are missing; or, are present and significant by being used well.
how can I respond to the below two posts following the above guidlines?
1. Module 2: Discussion Forum Initial Response
In your discussion responses to your classmates, compare the various cases they presented in their posts; and, then choose one or two and delve into why something worked (or didn’t). Add to the discussion by addressing any key points you think are missing; or, are present and significant by being used well.
From Chapter 6 Strategy by the announcement that Sony would not miss a chance to release an invention, from a product like iPod on page 83 it helps state the main example. Sony as the company which sells electronics has a website, which operates by selling headphones. The model WH-1000XM5 Wireless Industry Leading Noise Canceling Headphones in, colorway black can be shipped to a successful experience for the customer. The success in which Sony has contributed to is completed, through their SWOT Analysis. Sony Corporation (2023) argues that, “Diversified geographic presence, strong distribution network and strong focus on research and development are the group’s major strengths, whereas low liquidity remains the cause for concern” (p. 4). Through the broad distribution network Sony is successful in bringing these types, of products of headphones for a broadened customer base. The direct and indirect distribution channels which Sony provides allows mw now to give my assessment and critique, to how effective the company is in their endeavor. The company is effective because the endeavor is based on opportunity in, encouragement for positive outlook in the global media industry.
The global media among research for the year, of 2024 is sought to be set at $1.234 billion. While Sony has industry totals for broadcasting and cable televisions for, 21.2% of their total in advertising the company shows their work. This explains why their endeavor for technology marketing in as successful products, for the market is deemed to be critiqued as effective in my opinion.
References:
Sony Corporation. (2023). Company profile Sony Corporation. Colorado State University Global. https://eds-p-ebscohost-com.csuglobal.idm.oclc.org/eds/pdfviewer/pdfviewer?vid=4&sid=d0768dd5-619f-4c6b-ae8f-f2c0e8a47e91%40redis
2. Company: Tesla Inc.
Product/Service: Electric Vehicles (EVs)
Assessment and Critique:
One well-known firm that has been successful in introducing electric automobiles to the market is Tesla Inc. Their approach to the EV market offers insightful information on making strategic decisions and carrying them out successfully.
Vision and business Definition: Tesla emphasized sustainable mobility and lessened dependency on fossil fuels when defining their business as electric automobiles. Tesla aimed to upend the established automobile market and defy conventional wisdom by presenting itself as a new player in the sector.
Market Understanding and Opportunities: Tesla was aware of the demand for cleaner, more sustainable transportation solutions as well as the growing concern over climate change. They saw an opportunity to serve a tiny but expanding market of environmentally conscious consumers by bridging the gap in the market for premium electric vehicles that featured performance, style, and technology.
Technology and innovation: Tesla made significant investments in R&D, concentrating on battery and electric drivetrain technologies. To differentiate themselves from their rivals, their innovation went beyond the actual vehicles and included charging infrastructure and autonomous driving features.
Effective branding and marketing: Tesla developed a devoted client base and a strong brand reputation. To create buzz and excitement about their products, they used innovative marketing techniques like depending on word-of-mouth, exploiting social media, and making use of their charismatic CEO, Elon Musk.
Overall, Tesla made very wise strategic decisions. They found a niche market, tapped on new trends, and developed an aspirational brand. Their commitment to innovation and customer-focused strategy were key factors in their success. Tesla’s rapid growth approach did, however, occasionally result in production issues and financial strains. Although their direct sales strategy was novel, it also led to disputes with conventional dealerships and regulatory obstacles in some areas.
