Sony's brand value

Danel

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I just read an article in the September, 2009 issue of Business Week where they ranked the world's 100 most valuable brands. The ranking excluded telecoms, companies operating under different brands internationally, and privately owned companies (thus WalMart was excluded for example). Business Week worked with Interbrand to produce the rankings. The rankings do not directly correspond with things like asset value, sales or net worth, though those things are considered. The rankings used a complex 3 step protocol (too much to write here) to determine value on the basis of how much the brand itself is likely to earn for the company in the future. For those of you who find no interest in this feel free to stop reading now. I only post this information because I have seen some here who I feel might be interested in this sort of thing.

The Sony brand was considered to be one of the big losers in the last year. In their analysis the brand lost 12% of its value. They sited massive losses Sony incurred on TVs and game consoles as the main reason for loss of brand value. For these reasons the Sony brand fell from 25th place to 29th place over the last year. Still, they valued the Sony brand at nearly 12 billion dollars. They say that Sony's software is improving and site their latest e-book reader as some of the reasons for optimism in the future.

The Canon brand, while it lost 4% of its value, lost less than some others and as a result saw its ranking improve from 36th place to 33rd place. The 4% loss was said to be due to corporate cutbacks that hurt its office machines and chip making businesses. The Canon brand is said to be worth 10.4 billion dollars.

Other camera makers such as Nikon, Pentax and Olympus didn't make the top 100 list in terms of brand value. The number 1, 2, and 3 brands were, in order,

Coca Cola, IBM, and Microsoft. For a point of reference, the Coca Cola brand was value at 68.7 billion dollars. Another company some might find interest in is Samsung (whom some feel are cutting back on cameras). Samsung was ranked number 19, with a brand value of 16.8 billion dollars. The biggest losers were, of course, the financial companies, some of whom lost 50% of their brand values.
 
Interesting article.

For the purposes of this forum.. the only comparisons that matter are the Canon and the Samsung. Samsung has clearly been on an ascendency and for those that poo poo marketing, I would say thier TV marketing has been tops while Sony has lagged.

Canon is taking less risks by being less diversvied.

I would say the interesting comment you brought out is software. I love my Sony E-book for carring around what I am reading and having a few choices depending on mood. The install software was amatuer looking and the online software has some real shortcomings in its UI.

Sony IDC has some nice features.. but we know we would like it to be better.

Sony has aquired some good software like Video Vegas.. but I would say over all thier lack a vision and a drive towards strong design. Odly enough the PS3/Blue ray playe rmenu system is a nice innovative menu system. But overall Sony needs someone to define a vision for ALL of its software offerings from IDC to the e=book needs to have a Sony look that is about visual ease on the eyes and usability.

---------
Ken - A700 Owner..
Some of my work at:
http://gallery.cascadephotoworks.com
 
Interesting article.

For the purposes of this forum.. the only comparisons that matter are the Canon and the Samsung. Samsung has clearly been on an ascendency and for those that poo poo marketing, I would say thier TV marketing has been tops while Sony has lagged.
I think Samsung is the one ou can compare Sony with. It's about the same style of company.
Canon is taking less risks by being less diversvied.
Well said...
I would say the interesting comment you brought out is software. I love my Sony E-book for carring around what I am reading and having a few choices depending on mood. The install software was amatuer looking and the online software has some real shortcomings in its UI.

Sony IDC has some nice features.. but we know we would like it to be better.
IDC should be much better! That's the only thing I realy hate about my A700. The sony software is not up to the standard.

Why cant remote camera control put your camera on BULB but you can not make it do an exposure of lets say 10 minutes form software? An easy thing to do...
Sony has aquired some good software like Video Vegas.. but I would say over all thier lack a vision and a drive towards strong design. Odly enough the PS3/Blue ray playe rmenu system is a nice innovative menu system. But overall Sony needs someone to define a vision for ALL of its software offerings from IDC to the e=book needs to have a Sony look that is about visual ease on the eyes and usability.
If one overall vision is the way to go I don't know, but they should improve the software to the quality the competition (cannikon) is offering.

Maybe they could ask Adobe (or one of the smaller software houses) to build a totaly new camera suite for them. Good quality software in an easy to use program, with the capability to upgrade to a "full" version when you feel you're ready for it...
---------
Ken - A700 Owner..
Some of my work at:
http://gallery.cascadephotoworks.com
 
Canon is taking less risks by being less diversvied.
First time I have heard less diversification means less risk. If one thing goes wrong in the production cycle ( memory prices increase, patent lawsuits, a new technology making theirs obsolete...) they are at an almost infinite risk. Sony has multiple product streams...although they are all consumer electronics, so all subject to the same market fluctuations in the consumer/pro electronic sector, they are not solely dependant upon one or two product lines.
 
I doubt that DSLR's play much part in Sony's brand value. Plus the latest round of products will have more to do with next year's brand value. To me anyway, as far as cameras go, recent news does not look good for Sony's next year. Sony still does not seem to have gotten its act together on DSLR's. But, Canon's new generation of digital camera technology appears to have significantly more improvement than we have seen from them for many years.

--
David Jacobson
 
Interesting..

Not shocked about the rankings. Usual IBM and Microsoft, etc etc

Sony's brand value depends on the products, compacts they do well on, other makers have always been strong. Interesting as it is, I would not feel it has a huge impact on photography or that market. As a general vibe, Sony have suffered somewhat compared to companies like Samsung, who have over the last 10 years, eaten into many Sony strong hold areas.

But Samsung is still fairly weak in digital cameras, we'll see what the come up with with this new APS-C mirror less system.

Regardless, IMO Sony will never achieve a position above Canon or Nikon, esp not in the DSLR area. They are not aggressive enough overall, and somewhat out of touch in some respects.
 
Next time, start with the conclusions and work your way back -- just like a newspaper article would do.
For those of you who find no interest in this feel free to stop reading now.
I'm actually surprised I got that far.
Other camera makers such as Nikon, Pentax and Olympus didn't make the top 100 list in terms of brand value. The number 1, 2, and 3 brands were, in order,
Coca Cola, IBM, and Microsoft.
Great, where's my Coca Cola camera? Do they make lenses?
--
Anthony Beach
 
I just read an article in the September, 2009 issue of Business Week where they ranked the world's 100 most valuable brands. The ranking excluded telecoms, companies operating under different brands internationally, and privately owned companies (thus WalMart was excluded for example).
Since when did WalMart go private??? Its stock price is around the $50 range. Either you mis-read the article, or the writer doesn't know much about business.
 
Interesting article.

For the purposes of this forum.. the only comparisons that matter are the Canon and the Samsung. Samsung has clearly been on an ascendency and for those that poo poo marketing, I would say thier TV marketing has been tops while Sony has lagged.
Gee, I've been watching the football games on TV this morning, and I've seen a bunch of Sony ads. They feature Payton Manning and Justin Timberlake. And I saw a Canon DSLR ad, they are the Official Camera of the NFL, afterall. I have yet to see (or perhaps I don't remember seeing them) a single Samsung ad.

Ken, maybe Sony doesn't advertise inyour area. :)
 
Canon is taking less risks by being less diversvied.
First time I have heard less diversification means less risk. If one thing goes wrong in the production cycle ( memory prices increase, patent lawsuits, a new technology making theirs obsolete...) they are at an almost infinite risk. Sony has multiple product streams...although they are all consumer electronics, so all subject to the same market fluctuations in the consumer/pro electronic sector, they are not solely dependant upon one or two product lines.
You talking Business Financial Risk.. this is brand Risk.

Think about it. Sony partners with BMG in the Music industry, that company with the Sony Brand makes a bad choice and we hear it over and over and over where it doesn't matter in cameras.

There are companines like General Electric that are diversivied in business, but they don't always invest the brand. So NBC having bad ratings doesn't change the public idea of about GE appliances.

So for your economic stability you diversify. But be careful about how often you USE the brand for a new offering that is too far from your core product identity. I think Sony by branding its media ventures Sony, has probably diluted the value of the Sony brand in consumer electronics. IF all the business are top level its great for the brand, but if any fail ir make public mistakes like bad batteries or bad copy protection on CDs then those huirt the other brands.

Canon by doing basically printers, cameras, copiers as public offerings doesn't take on the risk of PCs which are often at the mercy of software, or CDs, or cell phones which suffer from software and coverage affecting perception.

That said I think I read Samsung lost a lot more REAL money last year than Sony.

--
---------
Ken - A700 Owner..
Some of my work at:
http://gallery.cascadephotoworks.com
 
Interesting article.

For the purposes of this forum.. the only comparisons that matter are the Canon and the Samsung. Samsung has clearly been on an ascendency and for those that poo poo marketing, I would say thier TV marketing has been tops while Sony has lagged.
Gee, I've been watching the football games on TV this morning, and I've seen a bunch of Sony ads. They feature Payton Manning and Justin Timberlake. And I saw a Canon DSLR ad, they are the Official Camera of the NFL, afterall. I have yet to see (or perhaps I don't remember seeing them) a single Samsung ad.

Ken, maybe Sony doesn't advertise inyour area. :)
I;ve seen the Sony ads.. My wife thinks the camera one is pretty funny. I am not impressed with it.

Samsung LED TVs ads and marketing content in local retailers has been very visable. recently.

---------
Ken - A700 Owner..
Some of my work at:
http://gallery.cascadephotoworks.com
 
Interesting..

Not shocked about the rankings. Usual IBM and Microsoft, etc etc

Sony's brand value depends on the products, compacts they do well on, other makers have always been strong. Interesting as it is, I would not feel it has a huge impact on photography or that market. As a general vibe, Sony have suffered somewhat compared to companies like Samsung, who have over the last 10 years, eaten into many Sony strong hold areas.

But Samsung is still fairly weak in digital cameras, we'll see what the come up with with this new APS-C mirror less system.

Regardless, IMO Sony will never achieve a position above Canon or Nikon, esp not in the DSLR area. They are not aggressive enough overall, and somewhat out of touch in some respects.
Just over 3 years 12 bodies two FF including one under $2000. You have an odd idea on agressive. Doubling or more of market share in just over two years they got in touch with somebody's wallets, even yours. :0

--
---------
Ken - A700 Owner..
Some of my work at:
http://gallery.cascadephotoworks.com
 
Just over 3 years 12 bodies two FF including one under $2000. You have an odd idea on agressive. Doubling or more of market share in just over two years they got in touch with somebody's wallets, even yours. :0
Sony probably lost money on me so far, as I returned 2 A200 bodies, so they went back to the repair facility or whatever ;-)

I was talking about quality not quantity. Sony have done pretty well, but 2008 releases were back then; held up pretty well v rivals. This year..I think they are outclassed esp entry level, A5xx is an ok match for the D5000, but they had better hope Canon play it safe.

Hard one to call, I think they could be offering a lot more IMO, and making a sustained attack on the market, by offering more bang per buck. A5xx series could have been so much more. And the A380 looks completely out of place price and features wise. Maybe Sony should trim down the number and offer more variety?

Too many models not enough variety differences, and 4 of them are LV based, with compromised viewfinders. So yeah, must try harder ;-)
 
I just read an article in the September, 2009 issue of Business Week where they ranked the world's 100 most valuable brands. The ranking excluded telecoms, companies operating under different brands internationally, and privately owned companies (thus WalMart was excluded for example).
Since when did WalMart go private??? Its stock price is around the $50 range. Either you mis-read the article, or the writer doesn't know much about business.
The reason WalMart was excluded was because they sometimes operate under different brand names internationally (the first part of the sentence). I was trying to paraphrase parts of the article and that sentence wasn't constructed very precisely. It would have been more clear had I wrote:

The ranking excluded telecoms, companies operating under different brands internationally (like WalMart sometimes does), and privately owned companies.

Thanks for pointing that out so that I am able to make it more clear.
 
IMO, too many people here seem to be concerned about Sony as a company, and not concerned enough about the design and price of the cameras and lenses they are offering.

Personally, I no longer concern myself with what Sony is doing, or not doing, as there is always Canon, Nikon, Pentax, etc. to provided me with what I need, even if Sony does not. For me it is about the photography, not the company. (Sorry all you fan-boys out there!)
-Phil
 

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