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WALKMAN
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PRODUCT DESCRIPTION
Walkman is a Sony brand name for portable audio
cassette players
It introduced a change in music listening habits
Prototype was built in 1978 by audio division
engineer Nobutoshi Kihara.
Walkman was launched in 1979 with flashy buttons,
leather case and headphones.
Offered an extra ear jack to let two people listen
music at the same time
INTRODUCTION PHASE
INTRODUCTION PHASE
GROWTH PHASE
GROWTH PHASE
MATURITY PHASE
Sony joined by competitors like Aiwa, Panasonic & Toshiba
To tackle the competitor Sony launched new variants and new models.
Proliferation of features
Price War
MATURITY PHASE
From Showroom based channel to Retailer based strategy
Advertisement stared focusing more on after- sell service and price
Substitute like i-pad started gaining market
Digital music and FM radio emerged.
New Competitor rise in the market
DECLINE PHASE
Year
Model Name
1979
1985
1987
1992
1996
1999
2003
Features
DECLINE PHASE
In October of 2001,
Apple announced the
iPod. Both mp3s and
broadband were finally
widely available
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