market makers dilemma: make what they want, or make what they need?

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"Make What They Want or… Make What They Need? Ronny Haraldsvik SVP/CMO, SpiderCloud Wireless m:1-831-224-5043 @haraldsvik Market-Makers’ Dilemma Presentation to “Consumer Behavior & Research”, MBA Class (Spring ‘13) – Prof. S.C. Thota Guest Lecture, April 3, 2013

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Is Innovation Qualitative or Quantitative, or Intuitive?

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Page 1: Market Makers Dilemma: Make what they want, or make what they need?

"Make What They Want or… Make What They Need?

Ronny Haraldsvik SVP/CMO, SpiderCloud Wireless m:1-831-224-5043 @haraldsvik

Market-Makers’ Dilemma

Presentation to “Consumer Behavior & Research”, MBA Class (Spring ‘13) – Prof. S.C. Thota

Guest Lecture, April 3, 2013

Page 2: Market Makers Dilemma: Make what they want, or make what they need?

Market-Makers’ Dilemma Make What They Want or Make What They Need?

§ From 1984 to 2020 in 90-minutes or less…

§ But first, some marketing context

Sun Tzu 722–481 BC

Niccolò Machiavelli 1469-1527

What Do They Have in Common?

Abraham Maslow 1908-1970

Page 3: Market Makers Dilemma: Make what they want, or make what they need?

Is Innovation Qualitative or Quantitative?

§ 1984 - “The Computer for the Rest of Us”

Who Won, Who Lost?

January 22, 1984 § 1997 - “Think Different”

Page 4: Market Makers Dilemma: Make what they want, or make what they need?

Human Motivation Drives Innovation

Abraham Maslow - "A Theory of Human Motivation” 1943

Page 5: Market Makers Dilemma: Make what they want, or make what they need?

Needs vs Want in Context

Page 6: Market Makers Dilemma: Make what they want, or make what they need?

Need vs Want: Consumer

Name a Famous Person Who Loves Jelly Belly Jelly Beans…

Page 7: Market Makers Dilemma: Make what they want, or make what they need?

Need vs Want: Social I

Did You Need This in 1928?

Page 8: Market Makers Dilemma: Make what they want, or make what they need?

Need vs Want: Consumer/Business

Who Wins, Who Loses?

Page 9: Market Makers Dilemma: Make what they want, or make what they need?

Need vs Want: Fixed Networks

When to Build a Category?

Page 10: Market Makers Dilemma: Make what they want, or make what they need?

Need vs Want: Mobile Networks

When is Disruptive Good for an Entire Industry?

Page 11: Market Makers Dilemma: Make what they want, or make what they need?

Need vs Want: Social II

Do We Need an iPhone or Facebook?

Page 12: Market Makers Dilemma: Make what they want, or make what they need?

Timing is Everything

When is “Too Early”?

Page 13: Market Makers Dilemma: Make what they want, or make what they need?

Are Innovators Rule Breakers?

Page 14: Market Makers Dilemma: Make what they want, or make what they need?

Why?

…is the Most Powerful Question in Marketing!

Page 15: Market Makers Dilemma: Make what they want, or make what they need?

The Rules of Engagements

The 20-80% Rule is in Effect… ….as often as the 80/20% Rule, but look out for the New 10/90% Rule …and the 90/10% Rule. For 2020 - The 1% Rule Impacts 99%

Page 16: Market Makers Dilemma: Make what they want, or make what they need?

The Mobile-Social 24/365 Reality

Name an Innovator (Under 25) Who is Now a Recognized Success

Page 17: Market Makers Dilemma: Make what they want, or make what they need?

Consumerized Anywhere access to Localized information via Cloud-based networks that are Uniformly customized and Tailored by time and state of mind to deliver Targeted information & Applications

CALCUTTA

Products & Services Tailored to Time and Location Based on

Multiple Personalities

Is this What You Want?

Page 18: Market Makers Dilemma: Make what they want, or make what they need?

What’s Next?

Page 19: Market Makers Dilemma: Make what they want, or make what they need?

Sensory Products & Services

See – Hear – Smell Taste - Touch

Human Sensory Perceptions Drive Commercial Decisions

Page 20: Market Makers Dilemma: Make what they want, or make what they need?

How Do You Research 2020?

Name An Example of a Human Motivator in 2020

Page 21: Market Makers Dilemma: Make what they want, or make what they need?

The Innovation Dilemma

Name an Example of Great Innovation Products or Services Because…

Qualitative Research

Quantitative Research

Intuition

Page 22: Market Makers Dilemma: Make what they want, or make what they need?

The Power of Intuition

“…the acquisition of information by means external to the basic limiting assumptions of science, such as that organisms can only receive information from the past to the present” “Extrasensory perception (ESP) involves reception of information not gained through the recognized physical senses but sensed with the mind” (trans-temporal operation as precognition or Retro Cognition) - Duke University psychologist J. B. Rhine

Source

Gut instinct and/or ESP (aka the 6th sense)

Name a Product or Service You Created (in your mind) Before it Was Introduced By Someone Else

Page 23: Market Makers Dilemma: Make what they want, or make what they need?

When Do You Make What They Want vs

What They Need?

Qualitative, Quantitative or Intuition?

Page 24: Market Makers Dilemma: Make what they want, or make what they need?

Ronny Haraldsvik SVP/CMO SpiderCloud Wireless m:1-831-224-5043 @haraldsvik