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How tHeHow tHe
InternetInternet
AffectsAffects
ProductsProducts
Chapter 7Chapter 7
First…First…
More ResourcesMore Resources
• Webmaster Tools
• Keyword Tools/Adwords
• Website Rankings
• Auto Complete
• Google Local
• Google Insider
Great ToolsGreat Tools
• Bing Webmaster
More ToolsMore Tools
• On Page Factors:
– Update content frequently
– Optimized titles & URLs
– Optimized Content
– Meta Tags
• Accessibility
• Authority Factors (valued links, known
brands, famous authors, celebrities)
Optimization FactorsOptimization Factors
• knowen
• http://schema-creator.org
• SEO Site Explorer
ResourcesResources
• Directory Listing Services/Publishers:
– Yelp
– Tom Tom
– Cricket
– YellowBook
– Merchant
• Data Aggregators:
– Localeze
– Acxiom
– InfoGroup
– UBL
Get ListedGet Listed
Three (Three (33))
Levels ofLevels of
ProductProduct
• Core benefitCore benefit: the most fundamental
value offered by the product.
• Basic/actual productBasic/actual product: the minimum
product offering needed to deliver the
core benefit.
• Augmented benefitAugmented benefit: Features that go
beyond a customer’s most basic
expectations.
What is a “What is a “PRODUCTPRODUCT””
How tHe InternetHow tHe Internet
AffectsAffects ProductsProducts
• Services: are dependent upon stored
information and can be broken down as
routine interactions with customers.
• Many services are ideal for delivery via
the Internet (ex. travel services.)
• Intangibility: The internet can help to
make intangible services seem MORE
tangible through virtual tours, video clips,
and advanced technologies.
ServicesServices
• SimultaneitySimultaneity: Since buyers can access
the Internet 24x7x365, the buyer and the
seller do NOT have to be in the same
place at the same time.
• HeterogeneityHeterogeneity: You can provide
EVERYONE with customized information
based on each persons’ interests,
hobbies, passions, values, etc.
• PerishabilityPerishability: Excess inventory can be
liquidated online.
Terms to UnderstandTerms to Understand
ProductProduct
AugmentAtIonAugmentAtIon
• FedEx customers track their orders
online.
• Apple customers can download
documentation from their website.
• Pre and post-sales support and customer
care programs.
• Fulfillment options.
AugmentationAugmentation
How theHow the 2I2Is Affects Affect
Product OfferingsProduct Offerings
• Redevelop aspects of the product to meet
your own personal needs/requirements.
• Firms can provide more personalized/
targeted offerings.
• Increases stickiness as customers remain
on your website to customize offerings.
IndividualizationIndividualization
• Enables firms to offer augmented value by
interacting with customers.
• Allows companies to quickly gather specific
customer information.
• Customers can be directly involved in the
product development process.
• Demands that organizations have the systems
and processes to record each customers’
specific needs and give customers access to
their account information.
• Must support both online and offline customer
interactions.
InteractivityInteractivity
PersonalizationPersonalization
• First, you register!
• Then you can customize the information you
receive to match your interests, needs, values,
lifestyle, hobbies, political affiliations, favorite
reading materials, religious leanings, ethnic, and
cultural proclivities, product interests, sexual
orientation and activities, volunteer
work/community engagement, news
preferences, ETC!
• IP address, cookies, websites visited, links
clicked on, RSS, documents downloaded…
DO YOU SEE A PROBLEM?DO YOU SEE A PROBLEM?
PersonalizationPersonalization
CustomizationCustomization
market of onemarket of one
 Level of customization and 
customer service at which a 
customer feels that he or she is 
an exclusive or preferred 
customer of the firm.
www.businessdictionary.com/definition/market-of-one.html
• Your customers determine the product
features and benefits they want.
CustomizationCustomization
How Customers Contribute
to Product Development
Online
ProductProduct
LifecycLeLifecycLe
How tHe internet
Affects Product
deveLoPment
• “Learn as you go” approach
• Sense and respond
With the Internet…With the Internet…
• Idea GenerationIdea Generation
• Idea ScreeningIdea Screening
• Concept Development
• Product Design
• Prototype Development
• Test Marketing
• Commercialization
Product Development ProcessProduct Development Process
Finding and evaluatingFinding and evaluating
NEW IDEASNEW IDEAS
““GoodGood
is theis the
EnemEnem
yy
OfOf
Great.Great.
””
in every tyPe ofin every tyPe of
orgAnizAtion tHAtorgAnizAtion tHAt
trAnsforms fromtrAnsforms from
goodgood toto greAtgreAt,,
certAin quALitiescertAin quALities
existexist.
““Your work is going to fill a
large part of your life, and the
only way to be truly satisfied
is to do what you believe isdo what you believe is
great workgreat work. . .”.”
That’s How It’sThat’s How It’s
ALWAYSALWAYS
Been DoneBeen Done
DO ITDO IT ApproachApproach
DD DefineDefine the problemthe problem
OO OpenOpen your mind & applyyour mind & apply
creative techniquescreative techniques
II IdentifyIdentify the Solutionthe Solution
TT TransformTransform : implement the: implement the
solution using an action plansolution using an action plan
Task Owner Contributors Start End Contingencies Status
1. Find new
meeting
space for
your staff
Dominika Shelly Ann 12/1 12/15 Available capacity Open
1a: Plan
future
“Going
Green”
programs
Supapan Paravee 11/20 12/1 “Buy in from
Senior Mgt”
Planned
2. Create
funding
program for
company
entrepreneu
rs
Yasmin Dominika 01/12 03/12 Funding
availability
In
developm
ent
BrainwritingBrainwriting
The DisneyThe Disney
Creative StrategyCreative Strategy
 DreamerDreamer
 RealistRealist
 CriticCritic
Go through all 3Go through all 3
stagesstages
StarburstingStarbursting
Star-burstingStar-bursting
Idea/Issue/
Challenge
WHO
WHAT
HOW
WHERE
WHEN
WHY
MetaphoricalMetaphorical
ThinkingThinking
Attribute ListingAttribute Listing
Maintenance Housing Childcare Summer
Camp
HVAC Systems Painting Summer Job
Training
Counselor
Training
Waste Disposal Rent Collection On-Premises
Daycare
Program
Development
44 PerspectivePerspective
Approach!Approach!• Product/Service Perspective: Is
something WRONG with the product?
• Planning Perspective: Are our
business plans faulty?
• Potential Perspective: If we increase
our workload, projects, service
offerings, how would we achieve this?
• People Perspective: Do we have the
right people in the right jobs?
Problem
Perspective:
 X
 X
Planning
Perspective:
 X
 X
Potential
Perspective:
 X
 X
People Perspective:
 X
 X
Problem Being AddressedProblem Being Addressed
“Each problem has hidden in it an
opportunity so powerful that it
literally dwarfs the problem. The
greatest success stories were
created by people who recognized
a problem and turned it into an
opportunity.”
JosephJoseph
SugarmanSugarman

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Interactive Marketing week 7 Ethan Chazin

  • 3. • Webmaster Tools • Keyword Tools/Adwords • Website Rankings • Auto Complete • Google Local • Google Insider Great ToolsGreat Tools
  • 4. • Bing Webmaster More ToolsMore Tools
  • 5. • On Page Factors: – Update content frequently – Optimized titles & URLs – Optimized Content – Meta Tags • Accessibility • Authority Factors (valued links, known brands, famous authors, celebrities) Optimization FactorsOptimization Factors
  • 6. • knowen • http://schema-creator.org • SEO Site Explorer ResourcesResources
  • 7. • Directory Listing Services/Publishers: – Yelp – Tom Tom – Cricket – YellowBook – Merchant • Data Aggregators: – Localeze – Acxiom – InfoGroup – UBL Get ListedGet Listed
  • 8. Three (Three (33)) Levels ofLevels of ProductProduct
  • 9.
  • 10. • Core benefitCore benefit: the most fundamental value offered by the product. • Basic/actual productBasic/actual product: the minimum product offering needed to deliver the core benefit. • Augmented benefitAugmented benefit: Features that go beyond a customer’s most basic expectations. What is a “What is a “PRODUCTPRODUCT””
  • 11. How tHe InternetHow tHe Internet AffectsAffects ProductsProducts
  • 12. • Services: are dependent upon stored information and can be broken down as routine interactions with customers. • Many services are ideal for delivery via the Internet (ex. travel services.) • Intangibility: The internet can help to make intangible services seem MORE tangible through virtual tours, video clips, and advanced technologies. ServicesServices
  • 13.
  • 14. • SimultaneitySimultaneity: Since buyers can access the Internet 24x7x365, the buyer and the seller do NOT have to be in the same place at the same time. • HeterogeneityHeterogeneity: You can provide EVERYONE with customized information based on each persons’ interests, hobbies, passions, values, etc. • PerishabilityPerishability: Excess inventory can be liquidated online. Terms to UnderstandTerms to Understand
  • 16. • FedEx customers track their orders online. • Apple customers can download documentation from their website. • Pre and post-sales support and customer care programs. • Fulfillment options. AugmentationAugmentation
  • 17. How theHow the 2I2Is Affects Affect Product OfferingsProduct Offerings
  • 18.
  • 19. • Redevelop aspects of the product to meet your own personal needs/requirements. • Firms can provide more personalized/ targeted offerings. • Increases stickiness as customers remain on your website to customize offerings. IndividualizationIndividualization
  • 20.
  • 21. • Enables firms to offer augmented value by interacting with customers. • Allows companies to quickly gather specific customer information. • Customers can be directly involved in the product development process. • Demands that organizations have the systems and processes to record each customers’ specific needs and give customers access to their account information. • Must support both online and offline customer interactions. InteractivityInteractivity
  • 23.
  • 24.
  • 25.
  • 26. • First, you register! • Then you can customize the information you receive to match your interests, needs, values, lifestyle, hobbies, political affiliations, favorite reading materials, religious leanings, ethnic, and cultural proclivities, product interests, sexual orientation and activities, volunteer work/community engagement, news preferences, ETC! • IP address, cookies, websites visited, links clicked on, RSS, documents downloaded… DO YOU SEE A PROBLEM?DO YOU SEE A PROBLEM? PersonalizationPersonalization
  • 27.
  • 29.
  • 30. market of onemarket of one  Level of customization and  customer service at which a  customer feels that he or she is  an exclusive or preferred  customer of the firm. www.businessdictionary.com/definition/market-of-one.html
  • 31. • Your customers determine the product features and benefits they want. CustomizationCustomization
  • 32. How Customers Contribute to Product Development Online
  • 33.
  • 34.
  • 35.
  • 37.
  • 38. How tHe internet Affects Product deveLoPment
  • 39. • “Learn as you go” approach • Sense and respond With the Internet…With the Internet…
  • 40. • Idea GenerationIdea Generation • Idea ScreeningIdea Screening • Concept Development • Product Design • Prototype Development • Test Marketing • Commercialization Product Development ProcessProduct Development Process
  • 41. Finding and evaluatingFinding and evaluating NEW IDEASNEW IDEAS
  • 43. in every tyPe ofin every tyPe of orgAnizAtion tHAtorgAnizAtion tHAt trAnsforms fromtrAnsforms from goodgood toto greAtgreAt,, certAin quALitiescertAin quALities existexist.
  • 44. ““Your work is going to fill a large part of your life, and the only way to be truly satisfied is to do what you believe isdo what you believe is great workgreat work. . .”.”
  • 45.
  • 46.
  • 47.
  • 48. That’s How It’sThat’s How It’s ALWAYSALWAYS Been DoneBeen Done
  • 49.
  • 50.
  • 51. DO ITDO IT ApproachApproach
  • 52. DD DefineDefine the problemthe problem OO OpenOpen your mind & applyyour mind & apply creative techniquescreative techniques II IdentifyIdentify the Solutionthe Solution TT TransformTransform : implement the: implement the solution using an action plansolution using an action plan
  • 53. Task Owner Contributors Start End Contingencies Status 1. Find new meeting space for your staff Dominika Shelly Ann 12/1 12/15 Available capacity Open 1a: Plan future “Going Green” programs Supapan Paravee 11/20 12/1 “Buy in from Senior Mgt” Planned 2. Create funding program for company entrepreneu rs Yasmin Dominika 01/12 03/12 Funding availability In developm ent
  • 54.
  • 56. The DisneyThe Disney Creative StrategyCreative Strategy
  • 57.  DreamerDreamer  RealistRealist  CriticCritic Go through all 3Go through all 3 stagesstages
  • 61.
  • 63. Maintenance Housing Childcare Summer Camp HVAC Systems Painting Summer Job Training Counselor Training Waste Disposal Rent Collection On-Premises Daycare Program Development
  • 64. 44 PerspectivePerspective Approach!Approach!• Product/Service Perspective: Is something WRONG with the product? • Planning Perspective: Are our business plans faulty? • Potential Perspective: If we increase our workload, projects, service offerings, how would we achieve this? • People Perspective: Do we have the right people in the right jobs?
  • 65. Problem Perspective:  X  X Planning Perspective:  X  X Potential Perspective:  X  X People Perspective:  X  X Problem Being AddressedProblem Being Addressed
  • 66. “Each problem has hidden in it an opportunity so powerful that it literally dwarfs the problem. The greatest success stories were created by people who recognized a problem and turned it into an opportunity.” JosephJoseph SugarmanSugarman