2-17. How has Konica Minolta modified its marketing mix? Are these changes in line with its mission?
Question:
2-17. How has Konica Minolta modified its marketing mix?
Are these changes in line with its mission?
Konica Minolta has been in business since 1873. For decades, it was a successful photo company selling cameras, equipment, and supplies primarily to final consumers. But dramatic changes in the marketing environment forced the company to reevaluate its marketing strategy and ultimately to abandon what had been its primary industry.
Today, Konica Minolta has a successful business-tobusiness strategy centered on office equipment and print products for commercial printers. The company has also developed a health-care and medical group, an optics group, and a division that produces components for mobile phones and televisions. With the advent and growth of social media, Konica Minolta’s marketing strategy continues to evolve.
Step by Step Answer:
Marketing An Introduction
ISBN: 9781292146508
13th Global Edition
Authors: Marc Opresnik, Gary Armstrong, Philip Kotler