Wednesday, July 29, 2015

Week 2 EOC : Boston Consulting Group - Games

There are several different video game consoles out on the market today.  We have Sony PlayStation 4, Microsoft Xbox One, Sony PlayStation # supper slim (limited Edition), Microsoft Xbox 360 E, Nintendo 3DS XL, Nintendo 2DS, Sony PlayStation Vita and Nintendo Wii U basic set.    

Boston Consulting Group has an analysis we can use to look at the video game market.  Star is high growth with high shares.  Cash cow is low growth with high shares.  Dog is low growth with low shares and Question mark is high growth with low shares. 

“Using the now-classic Boston Consulting Group (BCG) approach, a company classifies all its SBUs according to the growthshare matrix as shown below”. 
http://outboundsso.next.ecollege.com/default/launch.ed?ssotype=VitalSource&sku=9780558851903&books=9780558851903


“Mobile games will generate more revenue than console titles in 2015, according to research specialist Newzoo”. http://www.theguardian.com/technology/2014/oct/23/mobile-games-revenue-overtake-consoles-2015

Sony Playstation 4 in my opinion is a cash cow.  Sony Playstation is a cash cow because it is the most valued to the public.  Nintendo Wii is a dog because it does not have alot of options for people.  . 

“The weakness stems from more consumers sitting on the sidelines and tightening their purse strings, especially as they wait for Nintendo, Microsoft and Sony Corp., the maker of the PlayStation 3, to cut the prices of their consoles. Many console and PC game sales are also being cannibalized by digitally downloaded games and alternative entertainment sources like Apple Inc.'s iPhone, which offers thousands of games that can cost only 99 cents or even nothing at all”. Videogame Makers Can't Dodge Recession by YUKARI IWATANI KANE. 
Mobile gaming is a star because majority of the public has mobile.  Mobile gaming is more convenient, accessible and cheaper for consumers.


Inclosing I feel mobile is the way most people are turning to because people love be convenient.  Anything that makes life easier. 

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