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CONSUMERS
the world over are now shifting to products of high
caliber—and Sony, among other brands, is certainly their
first choice.
This
should surprise no one, since the Japan-headquartered
company has been the world’s leading manufacturer for
consumer electronics and broadcast and professional
products for more than 60 years ago.
“This, we
attribute to the device and ‘know-how’ of our people,”
Sony Philippines Inc. president and managing director
Toshiya Kagita told the BusinessMirror in an interview.
“The use of the device is what’s changing the industry or
the market; ‘know-how’ is how we make the device based on
what the people want.”
Sony
traces its humble beginning back in Japan in 1946 from the
sheer determination and labor of two enterprising young
men, Masaru Ibuka and Akio Morita, who worked hard toward
realizing their dream of owning a successful global
company that it has become today.
From early
attempts at creating products like the rice cooker to the
latter successes such as creating Japan’s first magnetic
recorder, Sony has continued to produce other hit products
which are designed to make peoples’ lives better and
easier.
Such
benefits, in return, have earned for Sony as the leading
global consumer electronics brand that is known for its
quality and innovative products.
While Sony
Philippines Inc. (SPH) officially started its commercial
operations in the country only on October 1, 1997, Sony’s
products have already been distributed in the country
since 1971. In more than 35 years, Sony Corp., together
with its local distributors, has done a lot to improve its
market position in the Philippines, and make Sony
literally become a household name.
“We are
very much satisfied with this [market position] and
thankful to the customers—the Filipino customers,” Kagita
said.
Asked of
his perception of the local market, Sony’s top man in the
Philippines described the Filipino consumers as
intelligent, who “understand new technologies well and
really want new things.”
He,
likewise, noted that comparing Sony with other foreign
brands is akin to “apples and oranges”—wherein other
brands are more concerned on “price and price and price,”
instead of beneficial qualities of their products.
“That’s
why we enjoy promoting Sony products here [in the
Philippines],” he said.
Family
orientation
THE
company name of Sony, which originated by combining two
Latin words of sonus (which means sound and sonic)
and sonny (or little son), has a spirited ring to it.
Easy to
articulate and read in any language, it took only a short
span of time for Sony to comfortably fit to the Filipinos’
culture and lifestyle.
“Filipino
customers give much importance to their family,” observed
Kagita of the typical Filipino household.
“The
majority of them is physically staying together in one
place, while about 2 percent of the population is
[residing] outside the country [as overseas Filipino
workers].
“We want
to support this typical Filipino family setup with our
unlimited creations and innovative ideas.”
Banking on
the “close family ties” culture of the Filipino customers,
Sony owns a dominant share of the local market,
particularly in the audiovisual segment—thanks largely to
the market’s positive response to Sony’s high-definition
(HD) technology.
“Ever
since we brought in the HD in the Philippines, Sony has
ruled the HD category, being the most trusted brand of
high-definition products,” the Sony executive said.
“This
paved the way for another breakthrough that brings more
excitement to the Filipino lifestyle.”
Best thing
to happen to TV
Since the
dawn of the era of color television, HD is being heralded
as the biggest thing to happen to TV as it provides a
sharper, clearer, and more colorful image than the current
standard television picture.
HD is
represented by the tiny rectangular dots called “pixels”
which make up the images appearing on the TV screen. These
pixels are also present on HDTV, although they are square
in shape and are 4.5 times smaller.
An HDTV
has at least 1280x720 pixels, while a standard-definition
TV has only 640x480 pixels. This means the viewer is
getting three times more detail than the best analog
television pictures today.
Although
HDTV has finally taken off in a handful of countries
around the world, specifically the United States, Japan,
Australia, Canada and South Korea, the Filipino consumers
will have to be patient, according to Kagita.
In the
absence of HD broadcast here, he said, Sony is doing its
part to always be at the forefront of the HD revolution
and let the local market experience the difference of this
breakthrough technology.
He,
likewise, stressed that the company’s products are already
the industry standards for the professional film and
broadcast sector.
Customer
loyalty
AMID
Sony’s lording over the television category in the
Philippines, the technology powerhouse also has a strong
hold in its other businesses—information technology,
semiconductor and component devices, games, and other
consumer and professional products.
“We have
strong points in each place,” Kagita explained. “We
estimate our current share between 25 percent and 30
percent. We have enjoyed that [estimate of] loyalty or
patronage of the local market since two years ago.”
Aware of
the fact that consumers’ wants are constantly changing
every year in line with developing technologies, Kagita
said that enhancing more of its “device” and “know how”
has enabled the company to ride through market and product
competition, economic trends, evolving consumer behavior
and organizational changes.
He added
that the company analyzes the buying attitude of its
competitors’ customers—why they buy competitors’ products
or simply their satisfaction points—while, at the same
time, introducing innovations to its products and services
to better satisfy the consumers. Furthermore, Sony also
invests to create new markets to keep the company ahead of
the rest.
New
products
In the
last fiscal year, the Philippine subsidiary of the
Japan-based consumer electronics giant posted an estimated
P4.4 billion in gross sales for the 12-month period ending
March 2007—remarkably higher than the P3.5 billion
reported in the previous fiscal year. For the current
fiscal year, the SPH chief expects sales to also “grow in
double digits.”
To
complement this growth target in the Philippines, Kagita
said the company has already introduced new products and
solutions, such as HD and Bluetooth.
For its HD
family, the electronics giant is bent on introducing a lot
of variety of HD LCD TV, HD cameras or video camera, and
the blue-ray disk player.
With
digital audio lovers also on its priority list, Sony
offers yet more ways to enjoy their music via Bluetooth
technology.
In this
line, Sony’s latest headsets come with built-in Bluetooth
capability, which can be linked to Bluetooth-enabled cell
phones or digital audio players to enjoy high-class
listening hands-free and wirelessly.
Not to be
ignored also are the other products in Sony portfolio,
such as car radio/audio, speakers, headphones, as well as
the gizmos from affiliates Sony Ericsson, Sony Music and
Sony PCs.
“No other
technology firm in the market today offers a more complete
line of products and solutions that provide unparalleled
connectivity like ours,” Kagita said.
“These
innovations, without doubt, make consumers to always have
Sony as their first choice.” |