Hybridoma Technology ( Production , Purification , and Application )
Managing Lock in
1. EKONOMI INFORMASI
Managing Lock-In
Mohamad Ariefiandi Nugraha : 23511028
Samsun H : 23511103
Kadek Suar Wibawa : 23511087
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2. Apa itu Lock In?
Suatu kondisi dimana
konsumer tergantung
kepada suatu produk atau
layanan dari satu vendor,
sehingga bila konsumer
akan beralih ke vendor
lain akan diperlukan biaya
yang besar dan
ketidaknyamanan
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3. Keuntungan Lock In
Buyer
• mendapatkan layanan yang lebih dari produsen dengan harga
yang lebih rendah
• memiliki pilihan untuk beralih dari satu produk ke produk lain
dengan switching-cost yang rendah bahkan bisa tanpa
switching –cost dikarenakan para produses berkompetisi
menekan biaya switching-cost
Seller
• mendapatkan kesempatan keberlanjutan bisnis dengan
konsumen yang selalu setia
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4. Tug of War Between Buyers & Sellers
• Sellers
Hope to profit
from locked-in
buyers.
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5. Tug of War Between Buyers & Sellers
• Buyers
Seek to strengthen
bargaining position by
keeping their options
open
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6. Lock Strategy for Buyer
Brand
selection
Lock In Sampling
Entrenc
hment
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7. Strategy for Buyer
• Menawar pada awal proses lock-in
• Membatasi ketergantungan:
– Dual sourcing
– Permintaan kompensasi pada setiap step
• Melakukan parsial kontrak
– Kemungkinan untuk penurunan kualitas produk
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9. Investing in an Installed Base Customers
• Perhatikan lock-in cycle
• Selalu mencari pelanggan baru
• Rencanakan kerjasama seumur hidup
• Mengembangkan produk dan layanan
• Menerapkan Multiplayer Strategies
• Dapatkan customer yang berpengaruh
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11. Laveraging Your Installed Base
• Menjual Produk Tambahan
• Menjual Akses Terhadap Konsumen
• Menyediakan Beberapa Versi Harga
• Meminimalkan Search Cost terhadap
produk kita.
• Memanfaatkan Keuntungan menjadi First-
Mover
• Mengontrol Cycle Length
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12. Strategy for Sellers
• Design products and promotions to attract
customers
• Lengthen and strengthen cycle
• Sell complementary products to these consumers
• Tension: claim openness, but don’t deliver
– Example: simple open interface (RTF), powerful
closed interface (DOC)
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13. Basic Tension in Buyer’s Strategy
• Say you have large switching costs to get
large compensation
• But want to minimize lock-in as much as
possible
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14. Strategic Variables in
Lock-in Cycle
• Magnitude of switch costs
• Loyalty programs
• Cumulative volume discounts
• Rely on infotech
– Loyalty programs will become more
widespread
– Convert conventional markets to lock-in
markets
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15. Loyalty Programs
• Requirements contracts
• Frequent buyer program
• Tension with promotions -- offer better deal to
non-customers
• Burden of locked-in customers: offer too high
a price to attract new customers
– Price discrimination, stripped down product
• Consumer switch costs
– Will go down due to Internet
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16. Multiplayer strategies
• Decision maker and payer
– Frequent flyer miles
– Infant formulas at hospitals
– Automobile tires
• Buyers of complements
– Different customers buy razors and blades
– Subsidize the far-sighted group, tax the short-
sighted group
• BBS operators
• Netscape suite
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17. Lock-in and
Complementary Products
• Visa and Amex:Visa gave away payment
services to capture interest charges
• Operating system and applications
• Extra profits on complements makes primary
market more competitive
• Differential prices
• BargainFinder, MusicMaker
– Unique
– Cycle length
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18. Contractual Commitments
• Lifetime of durable equipment
• Complementary assets with different lifetimes
• Buyer side: try to synchronize
• Seller side: try pre-emptive renewal
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19. Structuring Deal
• Be sensitive to budgets
• Open systems, copyright protection
• Multi-year contracts with large customers
• Makes it hard to get scale to compete
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20. New Versions and Upgrades
• Don't want to leave opportunities open
• Pre-announcements, vaporware
• Avoid charges of predation
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21. Lessons
• Buyers
– Bargain hard
– Use second-sourcing and open systems
– Improve bargaining position at choice stage
• Sellers
– Invest in your installed base
– Cultivate influential buyers
– Design product and pricing to get customers to invest in
your technology
– Sell your customers complementary products
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– Sell access to your installed base