Internal Attribute Market Place - PDF - Paresh Bhagwatkar
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Transcript of Internal Attribute Market Place - PDF - Paresh Bhagwatkar
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© Paresh Bhagwatkar, 2011May be used in whole or part with attribution and without permission
Internal Attribute Market Place
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Problem
� Traditionally products were made for certain industry, application, and/ or customer
� There is a hidden potential for cross application of products� This translates into unrealized innovation assets and unrealized
revenue� Customers specify problems, application and requirement
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Old Model - Marketing aligned by business
C1
Products/ Solutions BusinessesCustomers
C2
Marketing
Marketing
Marketing
Marketingaligned by business
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Desired Marketing aligned by application industry
C1
Products/ Solutions
Businesses Customers
C2
Marketing
Marketing
Marketing Aligned by
industry/application
Single point of contact by
customer or customer-business
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Ideal Situation – Attribute Market Place and Marketing aligned by application industry
C1
Products/ Solutions
Businesses Customers
C2
Marketing
Marketing/
Solution
Partner
Marketing Aligned by
industry/application
Attribute/ Characteristic Market Place
ProductsAttributes Problems
ApplicationsProduct
Expert
Product
Expert
Product
Expert
R&D
R&D
R&D
ProblemsApplicationsAttributes
ProductsAttributes
Research Triggers
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Summary of Attribute Marketplace
� Marketing becomes solution partner� Customer states problem, application, and/ or requirement� Marketing/ Solution partners collaborate with customer to define
required attributes� Marketing/ Solution partners take attributes, application, problem,
and requirement to market place� Product experts identify which products fit which attributes and
application� Product experts may define new need to researchers to come up
with products that match attributes� Market place
• This would be an online community enabled repository of products• Interactions would be enabled• Massively search attributes of products to match required attributes or
other way� Industry best suited for attribute market place concept is Chemical
Industry
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Contact
� Paresh Bhagwatkar• [email protected]• 973-495-9913
� This document may be used without any permission, but, with attribution in whole or part, with or without changes, and for any commercial or non-commercial purpose (under the creative commons “CC by 3.0” license)