Etv 2010 09_21_dyson

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Believing in Innovation – Marketing as a Must Cuno Singer, lic.rer.pol Managing Director Dyson SA (Schweiz) Entrepreneurship in Technology Ventures ETH Zürich 21st September 2010

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Transcript of Etv 2010 09_21_dyson

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Believing in Innovation – Marketing as a Must

Cuno Singer, lic.rer.polManaging Director Dyson SA (Schweiz)

Entrepreneurship in Technology Ventures

ETH Zürich21st September 2010

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What is frustration?What is frustration?What is frustration?What is frustration?

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Agenda

1.1.1.1. Dyson (45 min): Dyson (45 min): Dyson (45 min): Dyson (45 min): HistoryCompany values Technology/products

1.1.1.1. Feedback (10 min)Feedback (10 min)Feedback (10 min)Feedback (10 min)

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Who is James Dyson?

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Growing up in Norfolk (GB)

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From a creative do-it-yourselfer …

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Sea Truck

… to an inventor

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Dyson history – the beginning

The James Dyson story begins in the late The James Dyson story begins in the late The James Dyson story begins in the late The James Dyson story begins in the late ‘‘‘‘70s. A small group of young design 70s. A small group of young design 70s. A small group of young design 70s. A small group of young design engineers gathered around James Dyson to work on different projeengineers gathered around James Dyson to work on different projeengineers gathered around James Dyson to work on different projeengineers gathered around James Dyson to work on different projects in cts in cts in cts in DysonDysonDysonDyson’’’’s garden shed.s garden shed.s garden shed.s garden shed.

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Bags clog

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From inspiration …

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… to the first bagless vacuum cleaner in the world

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Dyson is different

Spinning air createscentrifugal force.

Higher speed gives higher centrifugal force

More cyclones create higher suction power

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Constant suction

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Other advantages of the cyclone system

• No additional cost

Bag/filter -> CHF 420 over 5 years

• Less energy consumption

CH average 2009; 1’806 watt

Dyson; 650 up to 1’400 watt

• Since 2008: 5 years guarantee

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Other “bagless” vacuum cleaners clog

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Clean expelled air

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3 years and 5’127 prototypes later

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GGGG----ForceForceForceForce

1985198519851985

Another 3 years and 5 continents later

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DC01DC01DC01DC01

1993199319931993

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Dyson today

Source: - Dyson Limited

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UK

23%

USA

34%

Japan

8%

Asia/Pacific

8%

Canada

4%

Europe

21%

Distributors

2%

Dyson floorcare volumes 2009

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Dyson today (MAT 2009)

15,7%

23,9%

13,2%13,9%

25,1%

36,8%

20,1%

2

18,2%

29,2%

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Dyson today (MAT CH 2009)

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Dyson today (MAT CH 2009)

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Company values

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Frustration

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Frustration

1862 1950 2008

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Solution (2009)

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Not every good idea is a success

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Alec Alec Alec Alec IssigonisIssigonisIssigonisIssigonis withwithwithwith his his his his firstfirstfirstfirst MiniMiniMiniMini

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I have not failed. II have not failed. II have not failed. II have not failed. I’ve just ve just ve just ve just

found 10,000 ways that found 10,000 ways that found 10,000 ways that found 10,000 ways that wonwonwonwon’t work.t work.t work.t work.

Thomas EdisonThomas EdisonThomas EdisonThomas Edison

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Edgar RutterPresident Hoover

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Believing in Innovation – Marketing as a Must

Communication

TV

PR

More layers – more messages

NPD

Make things work better – as well in new categories

Distribution

Better floor presence

Trained and motivated store staff

Aftersales Support – Call Center

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TV commercial 2010

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Print

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PR

NZZ: DC31

NZZ: Airblade20min: JDA

Swiss Innovation Forum

SF1: Press tripBilanz: press trip

Workshop

Saldo

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Dyson Academy

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“Design is not about the way a product looks, but the way it works.

Dyson philosophy

At Dyson over 450 scientists and engineers work in Research and Development. They’re employed as true innovators - challenging existing technology to create everyday products that work better for the consumer.”

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Balloons and Dyson Air Multiplier fans

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Questions/Feedback