Achieving no success in its market, Blackberry PlayBook has started to cut its prices. The company’s major downfall has prompted new strategies to create a market for the PlayBook. Canadian electronic stores have been reported to cut down prices for PlayBook due to the low demand for the item.
It seems that the company has overvalued the PlayBook, following the success of the Blackberry smartphones. It should probably differentiate the product, in a way that suits at least the Blackberry users, as the product is competing with such major competitions like the Ipad and Android. Aside from the competition, the PlayBook has features that apparently do not suit most of the demands, including a smaller screen with a same selling price as the Ipad.
As implied in Maggie Kong’s Blog, the way consumers view or value a product or a change (as Maggie explained) provides a significant impact. Consumers may not view the PlayBook highly currently, yet it does not mean that the product could not achieve success. RIM may as well change the features of the product to target a new market segment, in order to survive the market.


Source:
Electronista Staff(2011), Blackberry PlayBook cuts start, as low as $250 in Canada, Electronista (online). Available at: http://www.electronista.com/articles/11/09/23/canadian.stores.cut.playbook.prices.first/ (27/9/11)

