All levity aside, I think this also goes to show just how lost today's Japanese corporations are when it come to image and branding. More and more, I become convinced that today's Japanese management do not fully comprehend really what "corporate image" and "branding" really mean.
The subject here is Sony. After the massive success and appeal of the cassette Walkman (and we didn't call it a "cassette" Walkman back in those days, we just called it, "Walkman.") from 1979 to the late 1980's... The sales and appeal died down a bit.
Then, out of the blue, we were thrilled with Apple's new iPod. The iPod was not the first MP3 player on the market. There had been many MP3 players on the market for years. Sony even made one.... But Apple's iPod was marketed well and became the hottest, most desired item amongst the well-to-do and even average music listener. It was a smash success.
After Apple's iPod dominated the market for about two years, Sony decided to put out their own "new" MP3 player to try to take back market share from Apple's iPod.
Good idea. but way too little and way too late.
After spending tens of millions on research and engineering, Sony came out with their version of the iPod to great fanfare. I remember hearing much about it because I often go to meetings at a Sony subsidiary company.
I won't go int too many details, but the Sony device has been a huge money loser.
Have you ever heard of it? No? Yes, you have. They foolishly named it, "Walkman."
When I first heard the name "Walkman" for the new MP3 player, I really thought, "You must be kidding me!"
Why didn't they call it "Digi-man"? Or something like that?
So, for many reasons, this new Walkman hasn't captured the imagination of the public and sales lag. When will Sony pull the plug on this money losing product?
And all, in my opinion, because they don't understand branding and imaging...
Funny that, you'd think that a company that turned the entire world on it's ear with a product named WAlkman in 1979 would have learned a few good lessons about image... But then again, I guess not.
What you don't realize is that Sony is no longer a Japanese company. They are more or less owned and controlled by western interests. Look at their CEO, someone who's accelerated Sony's demise while taking a HUGE salary (more than his Japanese predecessors).
ReplyDeleteThe idiot shareholders put a gaijin at the helm. When this gaijin decided to "restructure" the company (destroying the legacy of lifetime employment in Japan), the people who were cut from the company were snapped up by Samsung. Look at Samsung now.
The same story holds true for Nissan. There's an idiot gaijin running that company and taking a huge salary claiming "it's justified because it's in line with 'world standards'".
Instead of firing staff and increasing executive pay, Sony would have been better off investing their money on R&D, something other Japanese owned companies are continuing to do.
Sony is no longer Japanese and cannot be expected to recover. As it no longer has a Japanese soul, it will not learn anything and only consider "the bottom line" like it's brethren in the rest of the western world.
A good friend of mine was the President of Aiwa and quit when Sony's executive management stopped listening to him.
It's time to say goodbye to Sony, the Walkman, and Sony's legacy. Sony is a dead company being run by a bunch of vampires...
"i"