preview

Canon Business Case

Good Essays

EXECUTIVE SUMMARY
1. INTRODUCTION
2. Situation Analysis 2.1 Industry Analysis 2.2 Sales Analysis 2.3 Competitive Analysis 2.4 Customer Analysis 2.5 SWOT Analysis 2.6 Macro Environmental Analysis
3. Canon Hybrid DSLR Features 3.1 Introduction to the new product 3.2 Marketing objectives
4. Market Segmentation 4.1Consumer Market Segmentation 4.2 Marketing mix 4.2.1Product 4.2.2 Pricing Strategy 4.2.3 Distribution Strategy 4.2.4Promotional Strategy
5. Financial information 5.1 Budget 5.2 Sales Projections
6. Reference
7. Appendix

Executive Summary
The corporate objective is to make Canon a truly excellent company that is admired and …show more content…

Canon UK (2009) group loss for the year 2009 after taxes was 2.0 million and gross profit margin declined by 7.1 % due to increased cost sale and pound deprecation. The UK digital still compact camera market reached 5.80 Mio units, while DSLR contributed 500,000 units and HD camcorder with the percentage of 51 % and 165,000 units. According to GFK (2010) canon digital compact camera and DSLR (EOS 450 D) were leading the market.
Canon is one of the leading companies in world with 2,204 patents in 2009 (Canon 2010). However is facing serious threats from Nikon and Kodak in US, Samsung and Sony in Europe and Nikon in Japan and Asia. Due to the continuous decline in operating profit and threat of losing more market share the Canon has decided to come up with the product, which could be foundation for its comeback to market to regain it position and market share.
2. Situation Analysis 2.1 Industry Analysis
2.1.1 Market Characteristics
Canon has occupied nearly half of China's digital camera market appropriate 14.5% market share. And our target market, China as a large population of more than 13 billion, developing rapidly in recent years. There is no doubt that Canon continues to turn big Chinese market as a major potential fields, because it is in the growth stage. Canon has always played a leader role in the Chinese digital camera market, with several major competitors such as SONY, Nikon and SONY. All of these

Get Access