What is a good response to this post? The company I choose for this discussion is Canon. Canon is the leader in global imaging, and they are known for their innovative cameras and high-quality products. Canon caters to various markets, and they are known worldwide to be the best imaging solutions brand in the world. Canon is the perfect example of effective international marketing strategies. Canons marketing strategy is mainly driven on their focus of innovation and technology. There new Canon R1 is labeled “ahead of the Game” and no other camera on the market comes close to what this camera offers. Their products have continued to prove that they will meet the demands of every photographer and videographer across the world. Canon has continuously stayed ahead of all of its competitors like Nikon and Sony and has maintained the number one position in the market. Canon also leverages digital marketing such as social media to enhance its brand awareness. They have used social media influencers and professionals in the industry to showcase their cameras and expand the target reach. In order for Canon to effectively reach different regions they need to do their market research and understand their audience. Canon has done an amazing job at tailoring to other markets and creating campaigns that resonate with that audience. Their localized approach allows Canon to be appealing to multiple different regions across the world. Canon's philosophy is known as Kyosei-which means, all people, regardless of race, religion, or culture, harmoniously living and working together into the future.” (canon). This philosophy proves that they are in business to cater to all people. This is how they avoid self-reference criterion in different regions. Canon is known for their diversity and inclusion in their business. Canon ensures that their marketing strategy reflects who they are as a company, and they are committed to a brand image that includes everyone. Through their marketing strategies and tailored campaigns they will maintain their status as being the leader in imaging solutions.4Laricchia, F. (2024) Canons net sales worldwide from 2006 to 2023. Burgett, G. (2021) Canon, sony made up 70% of the digital camera market in 2020. https://www.dpreview.com/news/9756677755/nikkei-canon-sony-made-up-70-of-the-camera market-in-2020 Laricchia, F. (2024) Canons net sales worldwide from 2006 to 2023. https://www.statista.com/statistics/236434/total-revenue-of-canon/Links to an external site. Thanks

MARKETING 2018
19th Edition
ISBN:9780357033753
Author:Pride
Publisher:Pride
Chapter16: Integrated Marketing Communications
Section16.2: Because You’re Worth It: Imc At L’oréal
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What is a good response to this post?

The company I choose for this discussion is Canon. Canon is the leader in global imaging, and they are known for their innovative cameras and high-quality products. Canon caters to various markets, and they are known worldwide to be the best imaging solutions brand in the world. Canon is the perfect example of effective international marketing strategies.

Canons marketing strategy is mainly driven on their focus of innovation and technology. There new Canon R1 is labeled “ahead of the Game” and no other camera on the market comes close to what this camera offers. Their products have continued to prove that they will meet the demands of every photographer and videographer across the world. Canon has continuously stayed ahead of all of its competitors like Nikon and Sony and has maintained the number one position in the market. Canon also leverages digital marketing such as social media to enhance its brand awareness. They have used social media influencers and professionals in the industry to showcase their cameras and expand the target reach.

In order for Canon to effectively reach different regions they need to do their market research and understand their audience. Canon has done an amazing job at tailoring to other markets and creating campaigns that resonate with that audience. Their localized approach allows Canon to be appealing to multiple different regions across the world. Canon's philosophy is known as Kyosei-which means, all people, regardless of race, religion, or culture, harmoniously living and working together into the future.” (canon). This philosophy proves that they are in business to cater to all people. This is how they avoid self-reference criterion in different regions.

Canon is known for their diversity and inclusion in their business. Canon ensures that their marketing strategy reflects who they are as a company, and they are committed to a brand image that includes everyone. Through their marketing strategies and tailored campaigns they will maintain their status as being the leader in imaging solutions.4Laricchia, F. (2024) Canons net sales worldwide from 2006 to 2023.

Burgett, G. (2021) Canon, sony made up 70% of the digital camera market in 2020. https://www.dpreview.com/news/9756677755/nikkei-canon-sony-made-up-70-of-the-camera market-in-2020

Laricchia, F. (2024) Canons net sales worldwide from 2006 to 2023. https://www.statista.com/statistics/236434/total-revenue-of-canon/Links to an external site.

Thanks

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