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Native Value of
Products
          Dr. Augustine Fou
          http://www.linkedin.com/in/augustinefou
          September 18, 2012.
Value of Products/Services

                 native              associative                   foreign




      native value: product      associative value: related to   foreign value: value
      features, functionality,   the use of the product – e.g.   artificially attached to
      design – e.g. iphone       apps for iPhone, Nike+          products – e.g. loyalty
                                                                 points


September 18, 2012                                                                          2
So What?
      “Advertisers should focus on increasing
      native value first (through innovation);
      associative value is useful but less
      powerful; spending money on foreign value
      (e.g. loyalty points to incent people to buy
      your product) should be the last resort.”
                              - Dr. Augustine Fou

September 18, 2012                                   3
Dr. Augustine Fou – Chief Digital Strategist
   “I advise clients on using digital
   insights to innovate their products
   and optimize their marketing.”

   FORMER CHIEF DIGITAL OFFICER, HCG (OMNICOM)
   MCKINSEY CONSULTANT
   CLIENT SIDE / AGENCY SIDE EXPERIENCE
   PROFESSOR AND COLUMNIST
   ENTREPRENEUR / SMALL BUSINESS OWNER
   PHD MATERIALS SCIENCE (MIT '95) AT AGE 23




   ClickZ Articles: http://www.clickz.com/author/1151/augustine-fou
   Slideshares: http://www.slideshare.net/augustinefou
   LinkedIn: http://www.linkedin.com/in/augustinefou

September 18, 2012                                                                       4
                                                                      acfou@mktsci.com

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Native value associative value by augustine fou

  • 1. Native Value of Products Dr. Augustine Fou http://www.linkedin.com/in/augustinefou September 18, 2012.
  • 2. Value of Products/Services native associative foreign native value: product associative value: related to foreign value: value features, functionality, the use of the product – e.g. artificially attached to design – e.g. iphone apps for iPhone, Nike+ products – e.g. loyalty points September 18, 2012 2
  • 3. So What? “Advertisers should focus on increasing native value first (through innovation); associative value is useful but less powerful; spending money on foreign value (e.g. loyalty points to incent people to buy your product) should be the last resort.” - Dr. Augustine Fou September 18, 2012 3
  • 4. Dr. Augustine Fou – Chief Digital Strategist “I advise clients on using digital insights to innovate their products and optimize their marketing.” FORMER CHIEF DIGITAL OFFICER, HCG (OMNICOM) MCKINSEY CONSULTANT CLIENT SIDE / AGENCY SIDE EXPERIENCE PROFESSOR AND COLUMNIST ENTREPRENEUR / SMALL BUSINESS OWNER PHD MATERIALS SCIENCE (MIT '95) AT AGE 23 ClickZ Articles: http://www.clickz.com/author/1151/augustine-fou Slideshares: http://www.slideshare.net/augustinefou LinkedIn: http://www.linkedin.com/in/augustinefou September 18, 2012 4 acfou@mktsci.com