workshop - incorporating the voice of the customer into npd presented by paul sutherland
TRANSCRIPT
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8/7/2019 Workshop - Incorporating the Voice of the Customer Into NPD Presented by Paul Sutherland
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...incorporating the voiceof the customer into NPD
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8/7/2019 Workshop - Incorporating the Voice of the Customer Into NPD Presented by Paul Sutherland
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Engineering Construction Electronics / ICT Environment Chemical Pharmaceutical Biotechnical Medical
Service FMCG / Retail
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StrategicMarketingPlanning
OperationalSales &
MarketingSecuringPartnerships/
Channels
PrincipalProposition
BroaderSustainableProposition
OpportunityDefinition
Technicaldefinition
MarketJustification
Marketing Processes
The path rarely walked...
Ongoing ResearchMarket TestingDesk Research
Product ResearchConcept Research
Idea Production
Research is vital at every stage of opportunity development inmanaging risk and maintaining market focus.
Different types of research should be applied at each stage
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Success rate / Inherent risk of NPD
Commercial Focus
Culture/ Fear of partnering
Investment in Marketing
Communication/Access to specialist resources
Awareness/ Access to Innovation Finance
Why Ideas Fail
Copyright think M. Ltd. 2006
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8/7/2019 Workshop - Incorporating the Voice of the Customer Into NPD Presented by Paul Sutherland
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510
15202530
354045505560
N u m
b e r o
f S u r v i v i n g I d e a s
Cumulative time (percent )
Screening
Businessanalysis Testing
Commercialization
One successful new product
Development
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8/7/2019 Workshop - Incorporating the Voice of the Customer Into NPD Presented by Paul Sutherland
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8/7/2019 Workshop - Incorporating the Voice of the Customer Into NPD Presented by Paul Sutherland
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Success rate / Inherent risk of NPD
Commercial Focus
Culture/ Fear of partnering
Investment in Marketing
Communication/Access to specialist resources
Awareness/ Access to Innovation Finance
Why Ideas Fail
Copyright think M. Ltd. 2006
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8/7/2019 Workshop - Incorporating the Voice of the Customer Into NPD Presented by Paul Sutherland
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Success rate / Inherent risk of NPD
Commercial Focus
Culture/ Fear of partnering
Investment in Marketing
Communication/Access to specialist resources
Awareness/ Access to Innovation Finance
Why Ideas Fail
Copyright think M. Ltd. 2006
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8/7/2019 Workshop - Incorporating the Voice of the Customer Into NPD Presented by Paul Sutherland
10/27
Success rate / Inherent risk of NPD
Commercial Focus
Culture/ Fear of partnering
Investment in Marketing
Communication/Access to specialist resources
Awareness/ Access to Innovation Finance
Why Ideas Fail
Copyright think M. Ltd. 2006
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8/7/2019 Workshop - Incorporating the Voice of the Customer Into NPD Presented by Paul Sutherland
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Success rate / Inherent risk of NPD
Commercial Focus
Culture/ Fear of partnering
Investment in Marketing
Communication/Access to specialist resources
Awareness/ Access to Innovation Finance
Why Ideas Fail
Copyright think M. Ltd. 2006
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8/7/2019 Workshop - Incorporating the Voice of the Customer Into NPD Presented by Paul Sutherland
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Not doing research
Copyright think M. Ltd. 2006
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8/7/2019 Workshop - Incorporating the Voice of the Customer Into NPD Presented by Paul Sutherland
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Copyright think M. Ltd. 2006Copyright think M. Ltd. 2006
Not doing research
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8/7/2019 Workshop - Incorporating the Voice of the Customer Into NPD Presented by Paul Sutherland
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Not doing research
Copyright think M. Ltd. 2006
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http://www.think-m.co.uk/our-services/case-studies/pan-tec.php -
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Retailmanager
nCastThird Party
service
InstoreMediaManagement
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8/7/2019 Workshop - Incorporating the Voice of the Customer Into NPD Presented by Paul Sutherland
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Copyright think M. Ltd. 2006
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Copyright think M. Ltd. 2006
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8/7/2019 Workshop - Incorporating the Voice of the Customer Into NPD Presented by Paul Sutherland
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Copyright think M. Ltd. 2006
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8/7/2019 Workshop - Incorporating the Voice of the Customer Into NPD Presented by Paul Sutherland
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What needs might be metby the new product/ service?
How large is thepotential markets? Market Uncertainty
How fast will the innovationspread?
How will needs changein the future?
Will the market adoptindustry standards?
Different marketing information needs & marketingresearch tools
Reducing risk
Copyright think M. Ltd. 2006
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8/7/2019 Workshop - Incorporating the Voice of the Customer Into NPD Presented by Paul Sutherland
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Will the new product functionas promised?
Will the new technologymake ours obsolete? Technical Uncertainty
How fast will the innovationspread?
Will the delivery timetablebe met?
Will the vendor give highquality service?
Different marketing information needs & marketingresearch tools
Reducing risk
Copyright think M. Ltd. 2006
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8/7/2019 Workshop - Incorporating the Voice of the Customer Into NPD Presented by Paul Sutherland
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M o s t s a i l b o a t s h a v e a m o t o r i n -
c a s e t h e r e i s n o w i n d . A l s o t h e y
h a v e g e n e r a t o r s f o r e l e c t r i c i t y f o r
g a d g e t s o n b o a r d a n d l i g h t i n g ,
k i t c h e n e t c . S o m e s a i l b o a t s h a v e
E l e c t r i c m o t o r s w h i c h a r e v e r y
s m a l l a n d h a v e h i g h t o r q u e
c o m p a r e d t o t h e s i z e o f
c o m b u s t i o n e n g i n e s . T h e s e
e l e c t r i c e n g i n e s g e t t h e i r p o w e r
f r o m p r o p e l l e r t u r b i n e s w h e n
s a i l i n g .
S o l a r s a i l p r o v i d e s a f l e x i b l e P V s a i l t h a t c r e a t e s e l e c t r i c i t y
s t o r e d i n b a t t e r i e s f o r t h e e l e c t r i c m o t o r u s i n g e x i s t i n g
g e n e r a t o r i n f r a s t r u c t u r e .
P V c e l l s a r e i n t e g r a t e d i n t o t h e s a i l c l o t h c r e a t i n g a l a r g e P V
s u r f a c e a r e a .
P o w e r u n d e r s a i l
Game: Maintaining market focus
Copyright think M. Ltd. 2006
Can you help your company effectively explore a new perceived opportunity, manage risk and make the right decisions in a timely and cost efficient manner.
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Photoro roof shinglescoated with PV cells, made of amorphous silicon. Wheninstallation is complete, the PVshingles look much likeordinary roofing shingles, butthey generate electricity.
Generate electricity discretely Mounting issues Stability/ weather
performance Repair & maintenance Capital cost/ benefit Permissions Installation charges
Each PV shingle being installed on thisroof will produce 17 watts under fu ll sun,for a total system size of 1.2 kW. Theshingles mount directly on to the roof structure and take the place of asphaltshingles. The whole PV system isconnected to the utili ty grid through aninverter and produces electricity oncustomer's side of the meter.
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8/7/2019 Workshop - Incorporating the Voice of the Customer Into NPD Presented by Paul Sutherland
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Do you need tohave donesomething elsebefore you can usethis?
How much does itcost youve onlygot 150 credits!
Watch out forwildcards could begood..or badnews. You wontfind out until
the end.
There are a totalof 52 services/Sources/ actions tochoose from
Game: Maintaining market focus
Copyright think M. Ltd. 2006
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8/7/2019 Workshop - Incorporating the Voice of the Customer Into NPD Presented by Paul Sutherland
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4 concepts / 52 cards Each group is allocated one concept/ 150 Credits
Define your key market information
requirements
Obtain the information/ assistance at minimumcost. Realise wildcards at the end.
Select a spokesperson and take us through yourmarket assessment process. Give reasoning formethods and sources selected.
Game: Maintaining market focus
Copyright think M. Ltd. 2006
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8/7/2019 Workshop - Incorporating the Voice of the Customer Into NPD Presented by Paul Sutherland
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5 minutes explore cards 10 minutes - discuss options/ create your sequence
5 minutes Finalise / write your score sheet
5 minutes - Teams present their process/ discuss
Tip the cards are given to you in sequence
Game: Maintaining market focus
Copyright think M. Ltd. 2006
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8/7/2019 Workshop - Incorporating the Voice of the Customer Into NPD Presented by Paul Sutherland
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