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10 STEP
    Marketing Plan for
CANON DIGITAL SLR CAMERA

     Rocheel Lee C. Deluta
          March 2012




                             1
Disclaimer
This 10 Step Marketing Plan is part of the mandatory
  requirements of Prof. Remigio Joseph De Ungria’s
  AGSB marketing management class.
The data included in this report are based on publicly
  available data such as those on internet websites,
  news, package declarations, public reports.
When appropriate, data are “masked” so as not to
  create unexpected conflicts.
The reports are posted and linked on slideshare, blogs
  and facebook so that there is easier sharing among
  students from different marketing classes.
                                                       2
Steps 1 to 5
Summary headline of your
PTM and market

1.   Canon PTM are “photo lovers”, hobbyist
2.   Who want to be professional photographers
3.   Can choose Nikon and Sony
4.   Gap is all other brands offer high ISO
     performance
5.   Market size is 141 million, market share is 63
     million (49.5%), top 10 best selling camera



                                                      3
Steps 6 to 10
      Summary headline of the
      marketing mix & strategy
6.    DSLR camera is a digital based camera where you look
      through the lens on the camera that will also be
      capturing the images. While exposure is made an
      internal mirror moves out of the way to let the light
      reach the image sensor to the images can be recorded
      and stored. Canon DSLR is an “Electro-Optical System”,
      autofocus capable
7.    Is priced 11% less than Sony but 8% more than Nikon
8.    Uses events and experience
9.    Is distributed globally
10.   Uses niche and differentiation approach to win

                                                           4
1. Canon DSLR Camera primary target
market (PTM) are “photo lovers”


  Ages 18-55 years old, social
  class AB and C, single, married
  Students, amateurs,
  professionals
  “Click” and get high quality
  pictures
                                    5
2. Canon DSLR users need to
   gain prestige

                   ional
Feels like profess           Self-actualization needs
                 er
     photograph                                                                                        to
                         Self-development & realization                                           ong s s s
                                                                                               Bel al cla
                                                                                                    i
                                                                                                soc
                                    Social needs
                              (sense of belonging, love)

                         Safety needs (security & safety)

                Physiological needs (food, water, shelter)
          Reference: Maslow’s Hierarcy of Needs Marketing Management, 11th ed, Philip Kotler

                                                                                                         6
2. Photo lovers have unique
  needs, wants, and demands

Photo lovers Needs
  to develop skills, to be professional, belong to professional
  photographers club, gain prestige, and achieve self-
  actualization

Photo lovers Wants
  high quality pictures, durability and reliability, variety of
  features, ease of control, and shutter speed/lag time, price

Photo lovers Demands
  feel professional when shooting/taking pictures, pictures
  can print large size with high quality output, pictures can share
  publicly (like FB, photos bucket, etc.)


                                                                      7
3a. Canon DSLR has many
formidable competitors
 Direct: Nikon, Sony, Olympus, Panasonic
 (Lumix), Pentax, Samsung

 Indirect: Point-and-shoot camera,
 camcorder, cellphone camera

 Variables: ISO sensitivity, features, price,
 lenses, accessories, service center
 availability

                                            8
3b. Canon DSLR offers lower
        price among others
                              Price vs User Level Matrix
Price/Level   Entry   Amateurs      High-End    Professional
  Matrix

High
Price         Sony     Sony         Canon        Sony Nikon


Low           Canon   Nikon          Sony

Price                                              Canon
              Nikon   Canon         Nikon


                                                           9
Canon DSLR Camera has 50
            different lenses that fit to any
            Canon models
                                       Features Positioning vs Brand Matrix

 FEATURES     CANON T3i/600D   NIKON D5100           SONY ALPHA
                                                     SLT-A65
High Image
Sensor
Effective
Sensor Size
Available
Lens
Shutter
Speed
Image




                                                                          10
Canon DSLR Camera niche
         positioning to the photo lovers
   FEATURES       CANON T3i/600D   NIKON D5100        SONY ALPHA
                                                      SLT-A65


Viewfinders

File Formats


ISO Sensitivity

Dimensions

Weight (light)                     510g (body only)



                                                                   11
The Best Digital SLR of 2011
RELEASE      CAMERA                                  NOTES
MONTH
March     Canon T3i 600D   The T3i is the first digital Rebel with a tilt-and-flip LCD
                           screen. It also has a robust video mode for aspiring
                           film-makers.
 April    Nikon D5100      You can shoot Full HD videos and 16 megapixel
                           pictures from all angles using the tilt-and-flip LCD on
                           the D5100. Good for low-light, the ISO goes all the way
                           up to 25600.
October   Sony SLT-A65 The A65 is all about speed - capable of capturing
                       consecutive 24 megapixel images at a rate of 10 per
                       second while leveraging a continuous 15-point
                       autofocus system..
  http://www.digital-slr-guide.com/best-digital-slr-of-2011.html
                                                                                         1
                                                                                         2
Sony has “followed” Nikon and
Canon positioning and offers
more higher image sensor

                    Sony has
                    offers DSLR
                    camera with
                    high Image
                    sensor, 24.5
                    MP




                                   13
4. Canon DSLR Camera offers
         based on users level
CANON DSLR CAMERAS
 Canon Entry Level DSLR cameras have Pentamirror viewfinder and lighter and cheaper built than other Canon DSLR camera ranges
 but These are great for beginner photographers. Cheap but yet Canon entry level DSLR cameras give you all functionally a DSLR
 cameras should have.
 (Rebel T3i, Rebel T3, Rebel T2i, Rebel T1i, Rebel XS, Rebel XSi, Rebel xTi, Rebel xT)

 Canon Advanced Amateur DSLR Cameras which are also known as Canon midrange DSLR Cameras use Pentaprism viewfinder and
 have higher frame rate. Built with magnesium alloy and rugged design. Partial weather sealing.
 (EOS 60D, EOS 50D, EOS 40D, EOS 30D)

 Canon High-End DSLR cameras which are Canon Prosumer DSLR Cameras have Full frame sensor and lot better weather sealing
 than other 2 basic levels of Canon DSLR cameras. better built and no in built flash. Canon Prosumer DSLR Cameras are lot
 expensive than Canon DSLR cameras. Body only can cost you $1500+.
 (EOS 7D, EOS 5D Mark 2, EOS 5D)


 Canon Professional DSLR Cameras are Canons flagship DSLR camera models. Best rugged build and better weather sealing than
 other Canon DSLR models. 100% viewfinder field of view, faster performance. Use APS-H size full frame sensors and Double card
 slots for redundancy.
 (EOS 1D Mark 4, EOS 1Ds Mark 3, EOS 1D Mark 3)




                                                                                                                           14
5a. Estimate the market size
 using competitor data
             DSLR Camera Global Market Share 2010

                            8.7%                        44.5%
             5.1%
  11.9%




                29.8%




     Canon          Nikon     Sony    Olympus       Samsung/Panasonic/Pentax


http://www.canonrumors.com/2011/04/canon-destroys-nikon-in-dslr-marketshare/

                                                                               15
5a. Estimate the market size
 using competitor data

2012 data: Market size for DSLR Camera is 141 million

    Market share:
    Canon – 44.5%           Sony      – 11.9%
    Nikon – 29.8%           Olympus – 5.1%
    Others (Panasonic, Samsung, Pentax – 8.7%




http://www.canonrumors.com/2011/04/canon-destroys-nikon-in-dslr-marketshare/

                                                                               16
5b. Camera’s overall sales fell by
  11.6% or 105.9 million units, 2009

DSLR and interchangeable lens camera sales grew 2.3% over
the previous year and now account for 9.3% of the overall
market.

For 2010 CIPA, which gets its figures from all the major
Japanese camera makers, predicts integrated-lens camera
sales will rise 3.0% while DSLRs and interchangeable lens
cameras sales will grow 11.1% compared to 2009.


   http://www.dpreview.com/news/2010/1/26/cipa2009
                                                            17
Share of Sales by the Top 20
dicital SLR Camera 2011




                               18
6a. DSLR Camera Canon, Nikon
and Sony websites




                               19
7. Price

           Actual Prices @ Amazon.com
Level          CANON       NIKON        SONY

Entry              $899        $749      $1,000
Amateur          $1,200      $1,400      $1,998
High-End         $3,199      $2,133      $2,699
Professional     $2,499      $2,699      $2,699


                                               20
8a. Which of these modes
does your product use?
** Pls. rank most used, 1-highest use




                                        21
8a. Which of these modes
does your product use?
** Pls. rank most used, 1-highest use




                                        22
8a. Canon Advocacy Team




                          23
8a. Corporate social responsibility




“Canon is looking forward to more projects
to benefit Operation Smile Philippines,” said
CMP CEO Alan Chng. “I believe that smiles
are integral to life, especially with our
commitment to delighting our customers.”
The donation was generated through three
separate activities: The Print for Smiles
Program, the Canon Tiendesitas Sale, and an
internal donation from CI-Tech.

                                                24
8a. Your products
Promotions

Describe what you propose to do/ product is
  currently doing vs. the 8 modes of
  communications.
Show executions of this (from websites, print
  ads, actual commercials)




                                                25
8b. Canon in action




                      26
8b. Canon DSLR camera local
endorsers, Papa “P” and Kuya Kim




                                   27
8b. Competitor promo




                       28
8b. Competitor promo




                       29
8b. Competitor promo




                       30
9. “Place” challenges for
DSLR Camera

 Where is your product available?
   Supermarkets, sari-sari stores, convenience
   outlets, drugstores
   Nationwide or in key areas only?
   Method of delivery (some products can be
   delivered to your home, ordered via
   internet, phone orders, etc.)


                                           31
9. “Place” challenges for
DSLR Camera




                              s “Best
                   Ca non a as”
                       G ift ide




                                        32
9. “Place” challenges for
        DSLR Camera




         as
   Ca non d For”
          e
   st Wish
“Mo




                                    33
9. “Place” challenges for
DSLR Camera



                      s
              Ca non a ”
                   Rated
             “Top




                            34
10. Canon DSLR Camera is
niche leader

Canon DSLR Camera’s main strategy is to
  dominate the niche market of 18 to 50 year
  old photo lovers.

Its benefits from the distribution leverage of
   Canon.

Has an excellent, premium priced, product
  distributed globally.

                                                 35
SUMMARY




          36
Steps 1 to 5
Summary headline of your
PTM and market

1.   Canon PTM are “photo lovers”, hobbyist
2.   Who want to be professional photographers
3.   Can choose Nikon and Sony
4.   Gap is all other brands offer high ISO
     performance
5.   Market size is 141 million, market share is 63
     million (49.5%), top 10 best selling camera



                                                      3
                                                      7
Steps 6 to 10
      Summary headline of the
      marketing mix & strategy
6.    DSLR camera is a digital based camera where you look
      through the lens on the camera that will also be
      capturing the images. While exposure is made an
      internal mirror moves out of the way to let the light
      reach the image sensor to the images can be recorded
      and stored. Canon DSLR is an “Electro-Optical System”,
      autofocus capable
7.    Is priced 11% less than Sony but 8% more than Nikon
8.    Uses events and experience
9.    Is distributed globally
10.   Uses niche and differentiation approach to win

                                                           3
                                                           8
10 STEP
    Marketing Plan for
CANON DIGITAL SLR CAMERA

     Rocheel Lee C. Deluta
          March 2012




                             39

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10 Steps Marketing Plan

  • 1. 10 STEP Marketing Plan for CANON DIGITAL SLR CAMERA Rocheel Lee C. Deluta March 2012 1
  • 2. Disclaimer This 10 Step Marketing Plan is part of the mandatory requirements of Prof. Remigio Joseph De Ungria’s AGSB marketing management class. The data included in this report are based on publicly available data such as those on internet websites, news, package declarations, public reports. When appropriate, data are “masked” so as not to create unexpected conflicts. The reports are posted and linked on slideshare, blogs and facebook so that there is easier sharing among students from different marketing classes. 2
  • 3. Steps 1 to 5 Summary headline of your PTM and market 1. Canon PTM are “photo lovers”, hobbyist 2. Who want to be professional photographers 3. Can choose Nikon and Sony 4. Gap is all other brands offer high ISO performance 5. Market size is 141 million, market share is 63 million (49.5%), top 10 best selling camera 3
  • 4. Steps 6 to 10 Summary headline of the marketing mix & strategy 6. DSLR camera is a digital based camera where you look through the lens on the camera that will also be capturing the images. While exposure is made an internal mirror moves out of the way to let the light reach the image sensor to the images can be recorded and stored. Canon DSLR is an “Electro-Optical System”, autofocus capable 7. Is priced 11% less than Sony but 8% more than Nikon 8. Uses events and experience 9. Is distributed globally 10. Uses niche and differentiation approach to win 4
  • 5. 1. Canon DSLR Camera primary target market (PTM) are “photo lovers” Ages 18-55 years old, social class AB and C, single, married Students, amateurs, professionals “Click” and get high quality pictures 5
  • 6. 2. Canon DSLR users need to gain prestige ional Feels like profess Self-actualization needs er photograph to Self-development & realization ong s s s Bel al cla i soc Social needs (sense of belonging, love) Safety needs (security & safety) Physiological needs (food, water, shelter) Reference: Maslow’s Hierarcy of Needs Marketing Management, 11th ed, Philip Kotler 6
  • 7. 2. Photo lovers have unique needs, wants, and demands Photo lovers Needs to develop skills, to be professional, belong to professional photographers club, gain prestige, and achieve self- actualization Photo lovers Wants high quality pictures, durability and reliability, variety of features, ease of control, and shutter speed/lag time, price Photo lovers Demands feel professional when shooting/taking pictures, pictures can print large size with high quality output, pictures can share publicly (like FB, photos bucket, etc.) 7
  • 8. 3a. Canon DSLR has many formidable competitors Direct: Nikon, Sony, Olympus, Panasonic (Lumix), Pentax, Samsung Indirect: Point-and-shoot camera, camcorder, cellphone camera Variables: ISO sensitivity, features, price, lenses, accessories, service center availability 8
  • 9. 3b. Canon DSLR offers lower price among others Price vs User Level Matrix Price/Level Entry Amateurs High-End Professional Matrix High Price Sony Sony Canon Sony Nikon Low Canon Nikon Sony Price Canon Nikon Canon Nikon 9
  • 10. Canon DSLR Camera has 50 different lenses that fit to any Canon models Features Positioning vs Brand Matrix FEATURES CANON T3i/600D NIKON D5100 SONY ALPHA SLT-A65 High Image Sensor Effective Sensor Size Available Lens Shutter Speed Image 10
  • 11. Canon DSLR Camera niche positioning to the photo lovers FEATURES CANON T3i/600D NIKON D5100 SONY ALPHA SLT-A65 Viewfinders File Formats ISO Sensitivity Dimensions Weight (light) 510g (body only) 11
  • 12. The Best Digital SLR of 2011 RELEASE CAMERA NOTES MONTH March Canon T3i 600D The T3i is the first digital Rebel with a tilt-and-flip LCD screen. It also has a robust video mode for aspiring film-makers. April Nikon D5100 You can shoot Full HD videos and 16 megapixel pictures from all angles using the tilt-and-flip LCD on the D5100. Good for low-light, the ISO goes all the way up to 25600. October Sony SLT-A65 The A65 is all about speed - capable of capturing consecutive 24 megapixel images at a rate of 10 per second while leveraging a continuous 15-point autofocus system.. http://www.digital-slr-guide.com/best-digital-slr-of-2011.html 1 2
  • 13. Sony has “followed” Nikon and Canon positioning and offers more higher image sensor Sony has offers DSLR camera with high Image sensor, 24.5 MP 13
  • 14. 4. Canon DSLR Camera offers based on users level CANON DSLR CAMERAS Canon Entry Level DSLR cameras have Pentamirror viewfinder and lighter and cheaper built than other Canon DSLR camera ranges but These are great for beginner photographers. Cheap but yet Canon entry level DSLR cameras give you all functionally a DSLR cameras should have. (Rebel T3i, Rebel T3, Rebel T2i, Rebel T1i, Rebel XS, Rebel XSi, Rebel xTi, Rebel xT) Canon Advanced Amateur DSLR Cameras which are also known as Canon midrange DSLR Cameras use Pentaprism viewfinder and have higher frame rate. Built with magnesium alloy and rugged design. Partial weather sealing. (EOS 60D, EOS 50D, EOS 40D, EOS 30D) Canon High-End DSLR cameras which are Canon Prosumer DSLR Cameras have Full frame sensor and lot better weather sealing than other 2 basic levels of Canon DSLR cameras. better built and no in built flash. Canon Prosumer DSLR Cameras are lot expensive than Canon DSLR cameras. Body only can cost you $1500+. (EOS 7D, EOS 5D Mark 2, EOS 5D) Canon Professional DSLR Cameras are Canons flagship DSLR camera models. Best rugged build and better weather sealing than other Canon DSLR models. 100% viewfinder field of view, faster performance. Use APS-H size full frame sensors and Double card slots for redundancy. (EOS 1D Mark 4, EOS 1Ds Mark 3, EOS 1D Mark 3) 14
  • 15. 5a. Estimate the market size using competitor data DSLR Camera Global Market Share 2010 8.7% 44.5% 5.1% 11.9% 29.8% Canon Nikon Sony Olympus Samsung/Panasonic/Pentax http://www.canonrumors.com/2011/04/canon-destroys-nikon-in-dslr-marketshare/ 15
  • 16. 5a. Estimate the market size using competitor data 2012 data: Market size for DSLR Camera is 141 million Market share: Canon – 44.5% Sony – 11.9% Nikon – 29.8% Olympus – 5.1% Others (Panasonic, Samsung, Pentax – 8.7% http://www.canonrumors.com/2011/04/canon-destroys-nikon-in-dslr-marketshare/ 16
  • 17. 5b. Camera’s overall sales fell by 11.6% or 105.9 million units, 2009 DSLR and interchangeable lens camera sales grew 2.3% over the previous year and now account for 9.3% of the overall market. For 2010 CIPA, which gets its figures from all the major Japanese camera makers, predicts integrated-lens camera sales will rise 3.0% while DSLRs and interchangeable lens cameras sales will grow 11.1% compared to 2009. http://www.dpreview.com/news/2010/1/26/cipa2009 17
  • 18. Share of Sales by the Top 20 dicital SLR Camera 2011 18
  • 19. 6a. DSLR Camera Canon, Nikon and Sony websites 19
  • 20. 7. Price Actual Prices @ Amazon.com Level CANON NIKON SONY Entry $899 $749 $1,000 Amateur $1,200 $1,400 $1,998 High-End $3,199 $2,133 $2,699 Professional $2,499 $2,699 $2,699 20
  • 21. 8a. Which of these modes does your product use? ** Pls. rank most used, 1-highest use 21
  • 22. 8a. Which of these modes does your product use? ** Pls. rank most used, 1-highest use 22
  • 24. 8a. Corporate social responsibility “Canon is looking forward to more projects to benefit Operation Smile Philippines,” said CMP CEO Alan Chng. “I believe that smiles are integral to life, especially with our commitment to delighting our customers.” The donation was generated through three separate activities: The Print for Smiles Program, the Canon Tiendesitas Sale, and an internal donation from CI-Tech. 24
  • 25. 8a. Your products Promotions Describe what you propose to do/ product is currently doing vs. the 8 modes of communications. Show executions of this (from websites, print ads, actual commercials) 25
  • 26. 8b. Canon in action 26
  • 27. 8b. Canon DSLR camera local endorsers, Papa “P” and Kuya Kim 27
  • 31. 9. “Place” challenges for DSLR Camera Where is your product available? Supermarkets, sari-sari stores, convenience outlets, drugstores Nationwide or in key areas only? Method of delivery (some products can be delivered to your home, ordered via internet, phone orders, etc.) 31
  • 32. 9. “Place” challenges for DSLR Camera s “Best Ca non a as” G ift ide 32
  • 33. 9. “Place” challenges for DSLR Camera as Ca non d For” e st Wish “Mo 33
  • 34. 9. “Place” challenges for DSLR Camera s Ca non a ” Rated “Top 34
  • 35. 10. Canon DSLR Camera is niche leader Canon DSLR Camera’s main strategy is to dominate the niche market of 18 to 50 year old photo lovers. Its benefits from the distribution leverage of Canon. Has an excellent, premium priced, product distributed globally. 35
  • 36. SUMMARY 36
  • 37. Steps 1 to 5 Summary headline of your PTM and market 1. Canon PTM are “photo lovers”, hobbyist 2. Who want to be professional photographers 3. Can choose Nikon and Sony 4. Gap is all other brands offer high ISO performance 5. Market size is 141 million, market share is 63 million (49.5%), top 10 best selling camera 3 7
  • 38. Steps 6 to 10 Summary headline of the marketing mix & strategy 6. DSLR camera is a digital based camera where you look through the lens on the camera that will also be capturing the images. While exposure is made an internal mirror moves out of the way to let the light reach the image sensor to the images can be recorded and stored. Canon DSLR is an “Electro-Optical System”, autofocus capable 7. Is priced 11% less than Sony but 8% more than Nikon 8. Uses events and experience 9. Is distributed globally 10. Uses niche and differentiation approach to win 3 8
  • 39. 10 STEP Marketing Plan for CANON DIGITAL SLR CAMERA Rocheel Lee C. Deluta March 2012 39