Market

Case: Nintendo versus Sony versus Microsoft When tribe think ab pop video games, the for the starting signal time names that come to their minds ar The Sony Playstation, Nintendos take hold encourages, and Microsofts Xbox. These three companies having been battling to win the video gaming industry. every(prenominal) duo of years, each company comes out with a sweet locker that they hope would be better than the previous one(a) and ofcourse be better than the other companies console table. For them to achieve that, they commence to bowdlerize their products. They sustain to make them more attractive by adding fresh ideas. Ofcourse, these new ideas might not be the right ones, indeed Nintendos Saturn console, as it was a failure for many reasons. And that is what this name is talk about. New companies provide enter a administer entirely may find it hard to compete with the ones that are already there. So for a company to keep its place it mustiness keep introducing new ideas that will attract consumers because thats how the market works. Questions : 1. The video game console is in the maturity stop of the product life cycle. Now with the newest consoles such as the ps3, gross gross revenue are high and will deal to increase besides at a decreasing rate, because the console already went by the growth give and the ps3 console has been out for about 5 or 6 years.

Companies may widen their product line, or update the console for sales to trick out more. a. Online gaming, for me, is still in the growth stage. Because today most people already have internet at home, so it wint speak to then! extra. Many consumers who bought a console that is playable online, only recently tried it online. So they are new to the idea. And because each company is introducing new ideas to the online gaming process, sales are go on to increase and profits will rise. b. Nintendos implications in the life-cycle stage is that its not adding something new unless maybe better graphics. Its not adding online gaming which can throw out sales,...If you want to get a full essay, order it on our website: OrderCustomPaper.com

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