Kendra Clayborn Timothy MacFarland Pat Sokolowski Ashley Mccabe Marketing Management Lindell Chew 15 April 2009.

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Presentation transcript:

Kendra Clayborn Timothy MacFarland Pat Sokolowski Ashley Mccabe Marketing Management Lindell Chew 15 April 2009

 What is TiVo? ◦ Known as the “pioneer” of DVRs (Digital Video Recorders) ◦ Available first in the U.S  Canada  Mexico  Taiwan  Australia  New Zealand

 Functions ◦ Provides an electronic television programming schedule ◦ Provides Season Pass Recordings ◦ Provides WishList searches ◦ Range of features when the TiVo DVR is connected to a home network

 Teleworld Inc  Consumer electronics show in 1999  Slow start  TiVo = Microwave?  Turning a profit in 2005

 Currently offer services in: Canada, Mexico, Australia, Taiwan, and soon in New Zealand.  TiVo Today ◦ Partnership with Netflix ◦ TiVo with DirecTV ◦ Subscribers

 Net Income: $100.6 million ($0.98 a share) in 2008  Economic downturn/revenue is falling

 Product awareness/definition  Competition ◦ Microsoft’s UltimateTV ◦ Replay TV ◦ Comcast ◦ Verizon  Backlash from advertisers  Data gathering concerns  Economy and sales falling

 Effectively cater to more affluent families with kids  Customers have a deep emotional response with TiVo  High customer satisfaction levels  Easy of use

 Number of subscribers is still lower that originally anticipated  Profile of subscribers is quite narrow  Still does not have universal appeal

 Try to reach potential customers that are more mainstream  Try to capture some of the market that does not view their TV situation as a problem

 Not being able to overcome the product “Inertia”  Ability to close the gap between intention to buy and action  Ability to convey key benefits of product to non-users

 Expand Partnership Bundles  Offer Differentiated Software  Expand Internationally

 Expand Partnership Bundles ◦ Offer unit sales in multiple locations ◦ Partner with local cable companies to offer services as part of existing bundles

 Differentiated Software ◦ Expand customization ◦ Continue simple user interface ◦ Offer Convenient updates ◦ Heighten parental controls

 Expand Internationally ◦ Currently offered in available in Canada, Mexico, Australia,Taiwan, and New Zealand ◦ Expansion is possible in the UK

 Must be offered as a package plan  Use retail staff as opinion leaders  Advertise its unique custom features