Tag Archives: new product development

A Supersonic Hairdryer

Hair

Some of the most commonplace, everyday products are also some of the oldest and inefficient products in our households. After all, if it works, and it isn’t broke, then don’t fix it. After all, designing a new product is tough – and expensive.

Take Dyson’s new Supersonic hairdryer as an example. Development took four years, 100+ patents, 600 prototypes, 103 engineers, 1,010 miles of human hair, and 7,000 acoustic tests before launching in the marketplace this month. In total, the company’s investment is estimated to be $72 million (including a state-of-the-art hair laboratory).

Is it really different? The product uses a high-speed 13-blade motor the size of a quarter, and the motor is located in the handle rather than the traditional placement in the barrel. The air temperature is monitored 20 times per second and regulated by a microprocessor to prevent extreme heat damage. Dyson claims that the Supersonic is 300% more powerful than those hair dryers currently on the market, and carries a price tag reflecting that improvement – $399.

As to the potential marketplace size – well, according to research firm Mintel, 92% of British women, 75.5% of U.S. women, 24.5% of U.S. men, 97% of Japanese women, and 30% of Japanese men dry their hair with dryers every day, often taking up to 20 minutes to style tresses.

Group Activities and Discussion Questions:

  1. Show a video of the new product:

https://youtu.be/qw6iillnXbk

  1. Dyson’s Web site: http://www.dyson.com/
  2. Discuss the various types of innovation: continuous, dynamically continuous, and disruptive innovations.

Also discuss how the level of consumer learning impacts product adoption rates.

  1. Where does the Dyson hairdryer fit in these scales? Why?
  2. Divide students into team. Have teams define the barriers to product adoption. What can marketing do to overcome these barriers?

Source: New York Times, Brandchannel.com, other news sources

 

Leave a comment

Filed under Classroom Activities

Computer that Cooks – Really, it Cooks

Oven

Question: What happened when former Apple engineers decide to reinvent the kitchen? Answer: They designed a computer that cooks (and named it June).

The June Oven is a computerized oven that recognizes food, determines how it should be cooked, and sends a text when the meal is done. It also includes a HD camera to show a live view of the oven interior so the cook can see the meal in progress. June has the guts of a smart phone, is connected to the Internet, and even includes digital recipes and meal planning.

June includes a built-in digital scale, unit conversion, kitchen timer, carbon fiber heating elements, dual-surround convention, core temperature probe, touch screen, and food id recognition camera. The product will be available in the U.S. in Spring 2016 and will cost $1,495. The kitchen will never be the same.

Group Activities and Discussion Questions:

  1. Discuss competition and product positioning.
  2. Show the video of June in action:

https://youtu.be/3twtQCGiido

  1. Bring up the June Oven Web site: https://juneoven.com/
  2. Divide students into teams. Have each team identify competing products and plot the competitors onto a positioning map.
  3. Debrief the exercise: determine how to market this product to the targets.

Source: Manufacturing Business Technology, CNN Money, Wall Street Journal, other news sources

Leave a comment

Filed under Classroom Activities

Google Contact Lens to Combat Diabetes

5

 

Google is testing prototypes of a new, smart contact lens that will monitor the glucose levels of diabetes patients by using their tears. While the device looks like a regular contact lens, it uses a tiny glucose sensor with a wireless transmitter – and it is the smallest one ever made. It contains two glitter-specks packed with tens of thousands of miniaturized transistors and ringed with a hair-thin antenna.

 

The market for the future device is large; the International Diabetes Federation estimates that there are currently 382 million diabetics today, growing to 590 million by the year 2035. Diabetes affects nearly one in every 19 people in the world. Today, diabetics test their own blood glucose levels multiple times a day by using needles to prick their fingers. Uncontrolled blood sugar can cause damage to the eyes, kidney, and heart.

 

The market size is estimated at $16 billion by the end of 2014. Google is currently testing the device, working with the FDA, and is looking for partners who are experts in bringing sophisticated health care devices to market.

Group Activities and Discussion Questions:

1. Show the video:
http://youtu.be/z7QzaV6zraI
2. Discuss the four primary marketing strategies (e.g., market penetration, market development, product development, and diversification).
3. Which strategy is Google using for this product? Divide students into teams. Have each team select one of the four different strategies and explain why that strategy could be used to market the contact lens devices.
4. Have each team determine the marketing mix (4Ps) to support their strategy choice.
5. Debrief the exercise.

Source:  Google, Brandchannel.com, New York Times, other news sources, 1/17/14

Leave a comment

Filed under Classroom Activities