14
TEAM: HERO CHETHNA MANJUNATH MATTHIAS HOLCAPEK SAKET TOSHNIWA ARSHAD WAHID

GoPro - Case Study- Most Versatile Camera

Embed Size (px)

Citation preview

Page 1: GoPro - Case Study- Most Versatile Camera

TEAM: HERO

CHETHNA MANJUNATHMATTHIAS HOLCAPEK

SAKET TOSHNIWAARSHAD WAHID

Page 2: GoPro - Case Study- Most Versatile Camera

GoPro User Profile Segment 1

Demographics - 16-30· Psychographic Profileo Young and Active (males and females who regularly seek exercise related activities indoors and outdoors) - “Be a Hero”o Passion Individual and Sports Enthusiasts who wants capture videos and share their vision - Surfers and Sky Divers, Adventure Dreamers, Adrenaline Junkies - “We are passionate about the idea of what we actually do in this World”· Geographic - Urban, Coastal, Mountain, Suburban

● Consumer Characteristics : “What is Your Passion, Your Habit ?”

· Benefits Sought - Film Activities, with friends or alone in order to post to internet, keeping memories, Personal Challenge and precious moments of happiness shared with friends· Use Rate - High About of Users Buying and using cameras are young and involved in internet as well as various sports activities

Page 3: GoPro - Case Study- Most Versatile Camera

Segment 2●Demographics - 18 - 55 - Families, Mothers - Broader Audience

● Psychographic Profile○Active people who love to travel with families and record their experience○Audacious and Passionate people eager to share their excitement experience

Income Demographics - Potential Middle to High Income Household that can afford to travel and do various indoor and outdoor activities.

● Benefits Sought – o To Film Various Experiences such as family vacations, daily activities, sports, as well as household activities

● Sharing Experiences of a society of endless entertainment and fun● Consumer Characteristics: “If you go on a trip, an adventure, how would you

immortalize these precious memories?”

Page 4: GoPro - Case Study- Most Versatile Camera

GoPro´s Personality• GoPro is an active, adventure-seeking and consumer/user celebrating brand• Clear focus on Consumer as the star NOT product• Point-of-View Videography, Versatility, Excitement• User are recording their sports experiences and independently uploading millions of

own videos with the proud of using GoPro• Shifting from exclusively building hardware company to media company• opportunity to leverage company as media brand• cooperation with Virgin America airline and Microsoft´s Xbox game consoles• User´s video spread the company´s marketing message

GoPro for a cause :•The Brand is associated with ‘Being a Hero’•Showcases Extreme Capabilities of the product and versatility of its usage•Represents the excitement of sharing achievement

Page 5: GoPro - Case Study- Most Versatile Camera

Brand Identity and Users : Points of Parity

Page 6: GoPro - Case Study- Most Versatile Camera

GoPro´s Watchers: Motivations & ValuesGo Pro watchers can be as only passive, as well as active sportsman. They are enjoying to watch, share and talk about the exciting selfmade (extreme sports) videos of others

Motivations:• interested to discover new things (e.g. sports, insight views in African wilderness)• like to share favourite videos with friends and family• Ideal action camera for active teanagers because it is highly durable

Observational learning of GoPro watchers= the learning that occurs through observing the behavior of others in GoPro videos -> discover the excitement and joy of practicing the showed experiences Values:

• entertainment loving• happiness (while watching and sharing the videos)• ambition (for watchers who want to imitate seen experiences in the future)

Page 7: GoPro - Case Study- Most Versatile Camera

GoPro User’s: Motivations & Values

GoPro user are extroverted, attention seeking and active sportsman and adventurer

Motivations of Users:• recorded videos of their sport adventures give them a pulic stage

wants to compete with others

Values of Users:• competitiveness• recognition (want to be recognized for their (sport) performance • strive for respect among social community• expressing freedom through their hobbies

Page 8: GoPro - Case Study- Most Versatile Camera

GoPro’s Values● GoPro's internal values are durability,

versatility, growth and recognition. ● GoPro's Consumers value the brands

image. ● GoPro value and capturing memories,

and providing good quality videos to Their Consumers and Upholds this value, as it is something Consumers value too.

● Customers have High Involvement with the product and they help in Co-Creation of Content.

Page 9: GoPro - Case Study- Most Versatile Camera

MARKETING MIX - The 4P’s• Product

• The GoPro is a Point-of-view 1080p digital camera with a 170-degree wide-angle lens

• It is the World's Most Versatile Camera, measuring 42mm x 60mm x 30mm. - using mounting accessories• The durability of the camera / casing, and bundled product packages into extreme sports brands GoPro / Culture in the Nature of the

product.• Price

• Affordability is an major deliverable of GoPro's mission• Pricing strategy Allows Any athlete to 'go pro', or 'be a hero,' and, Potentially, broadens the scope of GoPro's target market and

Increase customer retention.• Place / Distribution

• GoPro products can be purchased this globally online, in retail stores Focused in technology and retail stores with an image in line with GoPro (athletic stores, such as: SportCheck, Sports Exports, West49 Skateboards, Ron Jon Surf Shop, etc

• Promotion• Majority of GoPro's advancement comes through viral videos publicized through social media (Twitter, Facebook, and Youtube) and

the www.gopro.com website.• The videos are all filmed using the GoPro and feature famous athletes and cultural artifacts.• GoPro also uses three technical --other to Promote the brand: product placement, event sponsorship, endorsements

Page 10: GoPro - Case Study- Most Versatile Camera

GoPro User Consumption Decisions• Gopro has been budget friendly after releasing their series of “Gopro Hero”• Customers believe that it is a worth for money to shoot inside water and on land.• Gopro are versatile as there are so many mounting options to fix the gopro.• Since Gopro is affordable, stylish and portable, it makes users to be at ease.• Gopro compared to any other digital cameras, it gives a wide angle picture .• Gopro image quality is incredible, user friendly along with the presence of wifi, it is

easier to take pics or videos on just a press of a button.• It is virtually indestructible, whether you use it on extreme rough sports or just to take

a picture of the nature or beautiful scenery.• The customer service for Gopro devices is brilliant compared to any device services.• It makes capturing video and photos more fun as it can be used in all ways possible

Examples :Strapping to the dog : The user can see the view from a dogs perspective and

it’s funEnd of a rocket : This helps scientists to capture the space and the rocket simultaneously.

Page 11: GoPro - Case Study- Most Versatile Camera

GoPro As A Media Brand

Woodman (CEO of GoPro) Shifting from exclusively building hardware company to media company

• User are recording their sports experiences and independently uploading millions of own videos with the proud of using GoPro

• opportunity to leverage company as media brand• Cooperation with Virgin America Airline and • Collaboration with Microsoft´s Xbox gaming consoles• User´s video spread the GoPro’s marketing message

Page 12: GoPro - Case Study- Most Versatile Camera
Page 13: GoPro - Case Study- Most Versatile Camera

GoPro on Social Media

• Social media is now the king of content marketing• GoPro makes use of this perfectly to promote its own content• It also asks users to submit their own content• They also leverage the fact that they can promote their YouTube channel on Facebook• This content is being shared by the consumers of GoPro on different social media

channels

Page 14: GoPro - Case Study- Most Versatile Camera

THANK YOU

CHETHNA MANJUNATHMATTHIAS HOLCAPEK

SAKET TOSHNIWALARSHAD WAHID

TEAM: HERO

CHETHNA MANJUNATHMATTHIAS HOLCAPEK

SAKET TOSHNIWAARSHAD WAHID