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Kodak Case Assignment
Kodak Case Assignment
Kodak Case Assignment
an Iconic Brand
Case study
Key Strengths:
Having produced the first motion picture film, the firm has a rich history in the film
industry.
Strong ties to originality, inventiveness, and cultural significance.
Capacity to use celebrity and powerful filmmaker collaborations to further brand
promotion.
Distinct positioning that offers a fusion of innovation and legacy in analog and digital
technologies.
Weaknesses:
Perception issues: In the current digital era, some customers might consider Kodak
to be antiquated or unnecessary, which could hinder uptake in some markets.
Restricted product portfolio: Kodak is well-known for its work in filmmaking, but
when compared to rivals in the digital photography and image market, its product
line may seem somewhat narrow.
Cost considerations: Although myths regarding the expense of filming have been
debunked, consumers and filmmakers may still be discouraged from selecting Kodak
products because to perceived cost obstacles.
QUESTION # B
What market opportunities does the brand have? Who should be the
target segment?
Market Opportunities:
Kodak has the chance to profit from the resurgence of interest in analog technology
and the maker-culture movement by appealing to nostalgia and authenticity.
Growing consumer demand among those looking for alternatives to mass-produced
digital items is for artisanal and unique products.
Expanding its market presence and reaching new audiences can be achieved by
Kodak through partnerships with fashion labels, influencers, and cultural events.
Those markets with potential for expansion where film photography is still widely
used or is seeing a comeback.
Target Segment:
Professionals and enthusiasts in the creative arts who value the authenticity and
aesthetic aspects of film photography and cinematography.
Customers with nostalgic tastes who want to relive the days of old analog
technologies.
Consumers in Gen Z and millennials who are interested in fashion and vintage-
inspired goods and experiences.
QUESTION # C
How can Kodak use a cultural branding approach to tap into the
renewed interest in analog technology and the maker-culture zeitgeist?
1. Heritage and Nostalgia: Kodak can remind people about its old cameras and photo
materials. This makes people feel nostalgic and remember good times they had with them.
They can talk about how important these things were for keeping memories alive.
2. Authenticity and Craftsmanship: Kodak can describe its products as genuine and
made with attention to detail. They can highlight the skill and high standards used to create
their analog cameras, film rolls, and printing papers. This would attract people who admire
the art and photography.
3. Community Engagement: Kodak can bring people together who love old-style
photography and making things. They can make places or events where fans can talk about
their experiences, share tips, and show their creative projects. This might involve organizing
classes, shows, or online groups where people with similar interests can connect and enjoy
the world photography.
5. Education and Advocacy: Kodak can teach people about the importance and
advantages of old-fashioned technology. They can make learning materials, step-by-step
guides, and helpful videos to introduce beginners to analog photography and its special
features. By encouraging the continued use of analog technology and techniques, Kodak can
show itself as a supporter of both tradition and new ideas in today's digital world.
QUESTION # D
Where can the Kodak brand go next? How can it go beyond film? How
can the ‘cool’ cache the brand has developed be translated into
sustainable brand value?
The Kodak brand has a rich history and a strong association with film photography, but its
potential goes beyond just film. One avenue for expansion could be leveraging its reputation
for creativity and heritage to enter other areas of the analog/maker movement, such as
vintage-style cameras, photography accessories, or even niche analog technology products.
Expanding into these areas could help Kodak capitalize on its "cool" cache by appealing to
consumers who appreciate authenticity, craftsmanship, and the nostalgia associated with
analog technology. By maintaining its focus on creativity and embracing imperfection as a
hallmark of authenticity, Kodak can cultivate a unique brand identity that resonates with
consumers seeking a break from the fast-paced digital world.
To translate this cool cache into sustainable brand value, Kodak should continue to innovate
while staying true to its heritage. This could involve collaborations with artists, designers,
and other creative to develop new products that blend analog charm with modern
functionality. Additionally, investing in marketing and PR efforts to highlight the brand's
unique selling points and cultural relevance will help maintain and grow its appeal among
both existing and new audiences.
Ultimately, Kodak's ability to evolve beyond film lies in its ability to embrace its heritage
while adapting to the changing demands of the market. By staying true to its core values of
creativity, authenticity, and imperfection, Kodak can continue to capture the hearts of
consumers and remain a relevant and valuable brand for years to come.
QUESTION # E
What products should Kodak introduce or re-introduce? Should they
move into more digital platforms such as Instagram - if so, how?
Kodak should capitalize on its legacy and expertise in film production while embracing the
resurgence of analog technology and creative identity associated with it. Firstly, they should
introduce new film stocks to meet the demands of both professional filmmakers and
amateur photographers, while also considering the reintroduction of discontinued films that
have a cult following. Additionally, Kodak can develop or partner with manufacturers to
produce a range of analog film cameras, from entry-level point-and-shoots to high-end
professional models. They should also offer accessories such as lenses, filters, and darkroom
equipment for enthusiasts interested in analog photography.
Moreover, Kodak could innovate in the hybrid analog-digital space by creating devices that
allow users to easily digitize their analog film photos or developing mobile apps that
emulate the characteristics of Kodak film stocks, catering to the growing interest in vintage
photography aesthetics on social media platforms like Instagram.
By implementing these strategies, Kodak can position itself as a key player in the analog
photography revival while also exploring opportunities in the digital space.