Satoru Iwata Quotes
Price point is always important for mass market commodities. Look at the iPhone. It's expensive. But I think it is going to sell. It does something that people really want to do. People want to share it. It's an emotional thing that goes beyond the price point. It has emotional power. You are connected to it.
Topics
Consumer Behavior, Consumerism, Anti-Consumerism
Commodities, Commoditization
Consumer Demand
iPhone
Emotional Thing
Mass Market
Brand Loyalty
Emotional Connection
Emotional Power
Innovative Design
Marketability
Price Point
Product Appeal
Sharing Experience
Social Sharing
Technological Advancement
Value Proposition
Consumer Desire
Citations
Iwata, Satoru. Interview by Dean Takahashi. San Jose Mercury News, 21 Mar. 2007.
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Satoru Iwata was a Japanese businessman, video game programmer, video game designer, and producer. He was the fourth president and chief executive officer (CEO) of Nintendo. He was a major contributor in broadening the appeal of video games by focusing on novel and entertaining games rather than top-of-the-line hardware.