Konica Minolta has been in business since 1873. For decades, it was a successful photo company selling cameras, equipment, and supplies primarily to final consumers. But dramatic changes in the marketing environment forced the company to reevaluate its marketing strategy and ultimately to abandon what had been its primary industry. 

Today, Konica Minolta has a successful business-to-business strategy centered on office equipment and print products for commercial printers. The company has also developed a health- care and medical group, an optics group, and a division that produces components for mobile phones and televisions. With the advent and growth of social media, Konica Minolta's marketing strategy continues to evolve. 

1- Why did Konica change their business and produce new products?

2- Identify which Business to Business strategy did Konica use?

3- Define Marketing Environment and how did it affect Konica?

Answer rating: 100% (QA)

1 Why Konica Changed Business and Produced New Products Konica Minolta changed its business and diversified into new products primarily due to changes ... View the full answer