how would you define the success of playstation's playstation vr platform?

Introduction

Defining the success of PlayStation's PlayStation VR (PSVR) platform requires a comprehensive approach that considers multiple stakeholders and metrics. To address this product success metrics challenge effectively, I'll follow a structured framework covering core metrics, supporting indicators, and risk factors while considering all key stakeholders.

Step 1

Product Context

PlayStation VR is Sony's virtual reality headset designed for use with PlayStation consoles. It's a hardware product that aims to provide immersive gaming experiences to PlayStation users. Key stakeholders include:

1. Gamers: Seeking new, immersive gaming experiences
2. Game developers: Looking for a new platform to create innovative content
3. Sony: Aiming to diversify its gaming ecosystem and increase revenue
4. Retailers: Interested in selling both hardware and compatible games

User flow typically involves:

1. Purchase and setup of PSVR hardware
2. Browsing and purchasing VR games from the PlayStation Store
3. Playing VR games and experiences

PSVR fits into Sony's broader strategy of maintaining PlayStation's position as a leading gaming platform by offering cutting-edge technology and unique experiences. Compared to competitors like Oculus and HTC Vive, PSVR benefits from integration with the existing PlayStation ecosystem but faces challenges in processing power and motion tracking accuracy.

In terms of product lifecycle, PSVR is in the growth stage, with increasing adoption but still facing challenges in mainstream acceptance.

Hardware-specific considerations:

• Manufacturing relies on complex components, including displays and sensors
• Supply chain management is crucial for maintaining stock and controlling costs
• Service infrastructure includes software updates, customer support, and repair services