Nikon Marketing Plan Assignment

Nikon Marketing Plan Assignment Words: 2004

Nixon Inc. Is involved in a broad spectrum of businesses centered around specializations in imaging products, precision equipment, and instruments. Onion’s efforts to provide the kind of products and technologies that will exceed its customers’ expectations are already achieving impressive results. Nixon is perhaps most well known for its reputation as a world leader in imaging products, and its technologies continue to play a significant role in defining the photographic industry. Beyond photography, Nixon Inc. s also the leading innovator of precision optical lens and imaging devices. Our array of ophthalmic instruments, Nixon industrial inspection and measuring systems, Nixon microscopes and imaging systems for the biosciences and Nixon surveying instruments are improving the way companies advance their business and professionals care for their clients. Onion’s precision equipment business is also driving remarkable innovation and growth. Immersion lithography technology in ICC scanners and LCD scanners that feature Onion’s multi- lens scanning system are now the finest in the industry, attracting keen attention.

Nixon is also making active efforts in new fields, such as Photostats substrates for quid crystal displays (LCD). Over the last 90 years, Nixon has consistently moved the photography, imaging and optics industry forward, discovery by discovery and product by product. As we continue our research and development mission to uncover advanced technologies that will enhance the lives of our customers, we also Nixon Marketing Plan By Unravel reaffirm our commitment to delivering the highest quality products and support Mission Statement The Nixon philosophies are “Trustworthiness and creativity”, “Our aspirations: Meeting needs.

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Exceeding expectations” and the slogan is “At the heart of the image” SOOT Analysts Strength: 1 . Strong market position built on broad product portfolio 2. Diversified geographic presence with focus on developing markets provides diversified revenue stream with reduced business risk 3. Strong research and development capabilities facilitate new product development in line with changing consumer preference 4. Effective integration of digital platforms like social networking sites in its marketing efforts has helped attract larger target audience 5.

Excellent advertising and branding exercises through TV’s and print ads 6. Has a strong workforce of over 25,000 . Good branding through sponsorships of events and sports teams Weakness: 1. Dependence on particular products and businesses. Precision equipment businesses and imaging products business account for 90% of total net sales 2. Instances of alleged violation of competition laws incurred penalties and hurt the brand image a few times Opportunity: 1 . Online sales opportunities by leveraging e-commerce market and effectively using online marketing options 2.

Expanding presence in the global market 3. More innovative product offerings for the customers Threats: 1. Rapid technological changes . Increasing appeal of high end camera phones and their social networking integration facilitating easy sharing of photos 3. Competition with black market, parallel import and smuggled goods 4. Ever-increasing smart phones camera quality Moscow Pyramid of Needs Onion’s Imaging Products are addresses around Esteem Stage and Self-actualization.

So not necessary for survival, but photography, for those who have chosen to undertake it, is a part of all the things that lead to self-transcendence. Demographics Nixon users have traditionally been professional photographers with cameras from he Nixon DO to the Nixon 30TH, ranging in price from $500 to $6500. These cameras have typically been targeted towards more mature adults with income over $40,000 per year. Nixon decided to change their image and release a line of cameras more price friendly and stylish for the younger, tech as’. . Y generation. The primary audience of the Nixon Colloid collection of cameras is young women, mainly between the ages to 1 5 College students and young professionals don’t nave as much income as Onion’s traditional audience, so they kept that in mind by creating a camera for young adults with incomes right around $20,000 per year. Nixon has priced their Colloid cameras at a cheaper price than their other professional cameras, ranging from $150 to $250.

Cameras with the entire back being a touch screen are in the higher price range around $300. Age: 16 – 65 Gender: female and male Race: All Religion: All Education: high school and above Occupation: students and professionals Chirography’s D series Nixon cameras’ target audience is mostly professional and semi-professional photographers. The target audience for the Nixon Colloid values her family and friends. Their opinions are important and help aid her in the decision making recess. She values high quality products and new technology.

She is in the generation of the Millennial, which means she is very tech save. “y’ and does thorough information search online before making a decision. This person has strong opinions toward different brand names. Quality of the products is directly correlated to the brand name. This woman lives either on her own or with roommates in a well- populated area. She is adventurous and likes to travel. The write, draw, and paint feature on the Colloid allows her to personalize all of her memories. Ups Product

Nixon is contributing to technology in numerous fields, from manufacturing CICS with nanometer-rule circuit patterns and advancing bioscience, to furthering the possibilities of imaging and capturing views of stars that are billions of light years away. What makes this possible? Onion’s opt-electronics and precision technologies have nurtured throughout its history and used to create an extensive range of products, services and even more new technologies. Imaging Products Thanks to advances in digital technology, the camera has evolved into an everyday device anybody can use to easily take high-quality pictures.

For professional photographers, digital camera technologies have yielded remarkably advanced functions and performance that can significantly intensify creativity and expression. Nixon camera production acumen and technologies, both supported by our long history, will continue to expand imaging possibilities. There are four main segments of Nixon imaging products; D series, New Notion series, Colloid series and Nikkei lenses. D Series Onion’s DSL ‘D’ camera is the culmination of leading technology that brings innovation to both photo imaging culture and the evolution of cameras.

D’ continues to aggressively inspire the creativity of photographers. Despite changing times, Nixon has constantly pushed to perfect and redefine the SSL category. ‘D’ is a product of Onion’s tradition of technology and craftsmanship, and is well equipped with performance that puts it at top position within each camera class. Nixon 1 Series Nixon 1 is designed for the modern picture taker. Ready when you are, Onion’s Advanced Camera Witt Interchangeable Lens (A-COIL), is the one camera you’ll want to take everywhere, to connect you to the world.

Sharing your life in photos and videos s easy with the dynamic Nixon 1 digital camera. Beautifully crafted, its every control is intuitive; giving you everything you need to capture a complete view of your world. COLLOID senses Behind every Nixon COLLOID compact digital camera is the fundamental idea that photography should bring you Joy. Every shot you take is a precious moment captured. With Nixon COLLOID cameras, you can capture that moment and its Joy forever. Its portability allows you to casually carry high-end equipment with you everywhere you go.

Responsiveness allows you to react to any situation, at any time. Nikkei Lenses Nixon is the only company in the world that manufactures their imaging products all the way from glass manufacturing to finished product. The spirit and technology to freely maneuver light are deeply embedded in Onion’s product. Nikkei is a lens brand for cameras that symbolizes the spirit of Nixon. It is “instrument of light” brand where advanced engineering technology and traditional lent craftsmanship are combined at the highest level. Digital cameras ;Film cameras ;Interchangeable lenses ;Speed lights ;Photographic accessories ;Software ;Sport optics Precision Equipment Modern society reaps great benefits from the electronics fabricated in industrial sectors, including areas such as home appliances, personal computers and automobiles. Nixon is continuously advancing the production of steppers and scanners that are used to manufacture CICS -?? the very core of electronics -?? as well as liquid crystal panels and organic electroluminescent panels that are indispensable to LCD TV’s, computers, and smoothness.

In these and many other ways, Nixon is fostering and innovating our electronics-based society. ;ICC steppers and scanners ;LCD steppers and scanners Instruments Microscopes and measuring instruments from our Instruments Business are contributing to fields ranging from medical and bioscience research to industrial sectors such as components for electronics, automobiles and aircraft. We also offer sophisticated, highlighter surveying instruments used in architectural design and urban planning.

Nixon supports the development of society with precision technologies and eyes firmly focused on the micro level. ;Biological microscopes ;Industrial microscopes ;Stereoscopic microscopes ;Measuring instruments Semiconductor inspection equipment ;Surveying instruments Price Onion’s Imaging Company grosses 2/g’s of its companies net sales, therefore I will focus on the Imaging Company’s products and prices. Nixon offers a wide verity of imaging instruments from amateur to professional for almost every budget.

There are many authorized actual and online Nixon dealers. Nixon cameras and accessories are available at electronic stores camera & video stores and online stores such as Best Buy, Micro Center, B&H, Amazon, Ebay and also on Onion’s own website. Promotion Media Mix There are different approaches to marketing. Sex sells, as do celebrity. However, the appeal and effectiveness of advertising can vary greatly as witnessed by Onions marketing efforts. In the first campaign, Nixon acknowledged the largest demographic of buyers of consumer electronics are adult males under the age of 45.

Therefore, their advertising campaign, they selected the controversial Kate Moss, swapped her clothes for a Nixon, and ran a series of ads along the lines of “I’m a supermodel. I’m naked. I’m here. Here’s a Nixon. ” When this campaign came to an end, Nixon searched high and low for a different celebrity who could represent the values of their brand to their key demographic. They settled on Gaston Catcher. He is charming, handsome, smart, fun so Nixon. Nixon listens to customers and the voices of societies all over the world.

Onion’s product manufacturing process begins with us listening to people all over the world -?? people from different walks of life, people involved in different industries -?? so we can understand precisely what they want from us. We gather customers’ opinions in many different ways: sales, service and support activities, trade snows, promotional and other events, and via the Internet . To us, this information is invaluable. We are endeavoring to create new products and services that exceed customer expectations by aggregating and analyzing these opinions.

Nixon Professional Service (NAPS) is an organization that provides assistance and services to its full-time professional photographer members, with top- quality service depots at international events. NAPS responds to the exacting demands of professional photographers while applying their valuable feedback for product development. We participate in many different kinds of trade shows around the world, using them as precious opportunities to explain our products to customers. The photo at right shows Nixon Meteorology Envy’s booth at Control Germany.

Among the products we displayed were AD coordinate measuring machines, AD laser scanners, and X-ray CT inspection systems. Nixon Direct plans and sells products such as camera bags, accessories and photography clothing by analyzing customer feedback gathered via phone, e-mail and original marketing surveys. By creating unique products in response to customers’ tastes, Nixon Direct increases customer satisfaction. Competitive Profile There are three main competitors for Nixon in the imaging market; Canon, Sony, Olympus.

Canon as Onion’s biggest competitor has a quiet big reputation for low light situation and high quality video capturing but their image quality difference is practically non-existent, leaving the choice to the buyer’s preference. Sony and Olympus are second best options among professional cameras and equipments due to their limited variety in camera accessories and lenses and third party equipments for those brands. In professional DSL market Nixon is known for its durability and its complementing Nikkei lenses. For snap-shot pocket cameras, Nixon stands out for its cheaper price and sleek, modern designs.

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