ISA LA Instrumentation2009handout

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Philip Sallaway ISA–The Instrumentation, Systems, and Automation Society ISA – LA Instrumentation 2009 Creating New Market Opportunities for Instrumentation & Control Products Phil Sallaway Consultant 25422 Trabuco Rd. #105-346 El Toro, CA 92630 949-636-5286 [email protected] ©Philip E. Sallaway 2009

Transcript of ISA LA Instrumentation2009handout

Page 1: ISA LA Instrumentation2009handout

Philip Sallaway ISA–The Instrumentation, Systems, and Automation Society

ISA – LA Instrumentation 2009

Creating New Market Opportunities for Instrumentation & Control Products

Phil Sallaway

Consultant25422 Trabuco Rd. #105-346

El Toro, CA 92630949-636-5286

[email protected] ©Philip E. Sallaway 2009

Page 2: ISA LA Instrumentation2009handout

Philip Sallaway ISA–The Instrumentation, Systems, and Automation Society

Creating New Market Opportunities for Instrumentation & Control Products

Agenda Customer Needs – Lamprecht’s 4 quadrants Boyds OODA Loop Real World Examples

Channel issues – Sales Down the Drain? Finding new products out in the open Rep Firm Grows Big in 08, strong in 09 High Tech New Market No, it is not just about price !

Wrap up & Conclusion

Page 3: ISA LA Instrumentation2009handout

Philip Sallaway ISA–The Instrumentation, Systems, and Automation Society

NEW STRESSES create

NEW BEHAVIORS create

NEW NEEDS create

NEW MARKETS create

NEW OPPORTUNITIES create

NEW ENTREPRENEURSHIP creates

NEW SALES (WEALTH)

Will your customers have new needs you can serve?

Creating New Market Opportunities for Instrumentation & Control Products

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Philip Sallaway ISA–The Instrumentation, Systems, and Automation Society

Old NewCustomers

New

Needs

Old

BOX 1Serve Old

Customers with Old Needs

New Ways

BOX 3Serve Old

Customers with

New Needs

BOX 2Serve New

Customers with Old Needs

BOX 4Serve New

Customers with

New Needs

Creating New Market Opportunities for Instrumentation & Control Products

By Rick Lamprecht

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Philip Sallaway ISA–The Instrumentation, Systems, and Automation Society

Boyds OODA Loop We decide to focus on our Old Customers New Needs

How do we identify those needs?

Creating New Market Opportunities for Instrumentation & Control Products

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Philip Sallaway ISA–The Instrumentation, Systems, and Automation Society

Creating New Market Opportunities for Instrumentation & Control Products

Product – Brand Management

New Product Development

Market & Competitive Research

Philip E. Sallaway

Cell: 949-636-5286

E-mail: [email protected] Lamprecht “Business Doctor” at [email protected]