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GROUP 13

TIVO IN • ASHWANI KUMAR 18PGP037

• NISHANT YADAV 18PGP135


2020 – • SARVASUDDI AKHILA 18PGP170
CONSUMER • SUMIT SUMAN 18PGP195
BEHAVIOUR • UTKARSH 18PGP206
• TiVo – creator of personal video recorder(PVR)
• Positioned as Smart and friendly service that improve
lifestyle
BACKGROUND • Backed by key players – NBC, AOL-Time Warner, The
Discovery Networks and Direct TV
• Best Buy - Exclusive Retailer

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Problem Present Objective
Defining and communicating a clear unifying TiVo’s Financial situation – Generating positive
and relevant meaning for TiVo cash flow, even if that meant slower growth

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TACKLING THE MYSTERY & WHAT’S GOING ON

Hypothesis
• Low diffusion of the product – lack of • Market Segmentation
knowledge • Survey not according to the
• Narrow Market Segmentation problem
• Sample Population is of
• Adoption process by AIETA Already Users only
(Awareness, Interest, Evaluation, Trail • Pricing of the TiVo
and Adoption) • Existing DVR industry and
TiVo
• Resistance to Technology
Cognition Affect Behavior 4
COUCH POTATO TOP EXECUTIVE OF NBC CAUSES EVANGELISTS
RELUCTANCE TO BUY TIVO FAILED TO SELL TIVO TO
THEIR FRIENDS
• Unaware of the product • Microsoft UltimateTV failure
created negative effect on the • No Referral Points or
• Traditional and Conservative people advantage by doing so
• No value for the innovation • People who have already • TiVo could have offered them
experienced the TiVo feels it as benefits/Loyalty points
an important part of their life encouraging them to refer to
• Need of extensive marketing their friends/family
to create awareness about the
product offerings

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EXPLANATIONS FOUNDER OF TIVO WOULD

LOVE TO HEAR HATE TO HEAR

• From research it is observed • That their market segmentation


that 90.1% Customers are
satisfied with TiVo, 89% is very narrow till now
perceived to be easy
• Have to modify the pricing of
• There is a deep emotional the TiVo
response with customers
• Form this research the • Upcoming competition from
marketing team can take ReplayTV targeting mass
further steps to increase the markets with affordable price
penetration
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HYPOTHESIS & INSIGHTS

The major hypothesis for failure is lack of diffusion of Technology


and TiVo units increased to $12.95 per month which is high

Price is high this can be analysed by Demographic data given


in exhibit 5
Supported Hypothesis Encourage people to use Record, Trickplay (pause, fast
forward, rewind)

Unsupported Hypothesis No knowledge of using Technology

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DATA SUMMARY

• Survey is focused on users who adopted • Taking Loyal customers for Referral
as by exhibit 3 – purchase
to TiVo – (Post Purchase Experience)
influences they are dominating
• 96.4% would recommend TiVo • Increase the frequency retail store
• 89% perceived it as easy to use demos
• Also get the survey of non users to
• Demographics Data consider their views
• Ages 25-54 78% subscribers • Keep different categories of
packages to satisfy different
• Mostly bought by Income groups >$50k
income segments
• Exhibit 6 – Interests are high in Electronics, • TiVo gathered the behaviour data
Science and Technology they can use this to screen their
advertisements, which can reach 8
large population
DIFFERENT STAGES OF EXPLORATORY RESEARCH

PRIMARY PURPOSE – TO INITIAL SURVEY IS TO EVALUATED ATTITUDE SURVEY – ASSESS BUT SURVEY OUTCOME
MONITOR PRODUCT PERFORMED – TO KNOW SATISFACTION, USABILITY THE DEEPER IMPACT OF COULD NOT BRIDGE THE
SATISFACTION AND TO WHY CUSTOMERS ARE AND DEMOGRAPHICS TIVO IN USERS LIFE GAP INTENTION TO BUY
COME UP WITH NOT USING THE PRODUCT AND ACTION TO BUY
GUIDELINES FOR
IMPROVEMENTS

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ADVICE

Survey for Low diffusion of Price Analysis – so for different Go for pre launch survey
Product in market packages for different income
groups

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Thank You

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