Tag Archives: technology

Consumer Electronics Show 2023

If you love technology and new gadgets, the Consumer Electronics Show (CES) is the place to be. CES is one of the largest and most influential showcases in the world for introducing innovative technology products from around the globe.

This year the Las Vegas-based show brought in 115,000 industry professionals, making it the largest audited global tech event since 2020.  With more than 3,200 exhibitors, including 1,000 start-up companies, CES 2023 gave us new innovations in mobility, health, transportation, sustainability, and more.

A diverse group of companies from around the globe showcased the latest innovations in the technology industries to attendees from more than 140 countries. In all, 60% of the Fortune 500 companies were represented.

The show also provided looks at products in the marketplace as well as products-yet-to-be-launched highlighting key trends such as:

  • Human security for all
  • Automotive and mobility
  • Electric vehicles
  • Digital health
  • Sustainability
  • Web 3 and Metaverse

New products demonstrated how technology can conserve energy, increase power generation, address food shortages, create sustainable agricultural systems, power smart cities, support access to clean water, and improve life for people with physical challenges.

The last category – physical challenges – may be one of the most innovative as companies worked on technology to improve lives of people who may often be overlooked. Some of the highlights include power wheelchairs, augmented listening, new earbuds, speech amplifiers and more. It’s one of my favorite categories.

What’s your favorite innovation from CES?

Group Activities and Discussion Questions:  

  1. Discuss the purpose of CES show and how innovation fits into it.
  2. View the CES Web site: https://www.ces.tech/
  3. Also discuss the use of trade shows and exhibits as part of a marketing plan.
  4. Show a video overview of CES 2023: https://youtu.be/fAJ1LCO4cV4
  5. Show a summary video covering new innovations for accessibility: https://www.wsj.com/video/series/dalvin-brown/ces-2023s-most-innovative-assistive-tech-jabra-whispp-and-more/F7DEC067-2116-4C51-A173-E0A071E28EEA
  6. Divide students into teams. Have each team select a product featured at CES.
  1. Scewo Bro: https://www.scewo.com/en/  (Power wheelchair)
  2. L’Oreal Hapta: https://www.loreal.com/en/articles/science-and-technology/hapta-ces-2023-lancome-innovation/  (For beauty lovers with limited hand and arm mobility)
  3. Xander Glasses: https://www.xander.tech/  (Augmented listening for people who are hard of hearing)
  4. Jabra Enhance Plus: https://www.jabra.com/hearing/enhance-plus?gclid=Cj0KCQiAiJSeBhCCARIsAHnAzT_SGnooIY_nEW554M23GwsvGWKrIKnazpnbsvmc1Rh1Gi87YUm8kQsaAhwGEALw_wcB##21879090  (Earbuds for enhancing your hearing)
  5. Whispp: https://whispp.com/?lang=en  (Speech amplifier for people with a voice disorder)
  6. Instruct students to research the products online, and define a target market for the product?
  7. Which ones do they think will be winners in the marketplace? What products miss the mark?
  8. Discuss the use of trade shows and exhibits as part of a marketing plan.

Source:  C/NET; TechRadar; The Verge; Wall Street Journal; other news sources

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Datsun and Internet Explorer Bite the Dust

As we’ve written in previous articles, no product lives forever. There are always new innovations, trends, social forces, competition, and technologies that push products forward. Ultimately, every product eventually reaches its final stage in the Product Life Cycle (PLC) – decline/harvest – when the product is put to sleep and resources are reallocated to up-and-coming new products.

Two more products joined the eliminated list: Microsoft Internet Explorer and Datsun cars.

Datsun helped Japanese car manufacturers break into the American and European market after World War II. In its heyday, 20 million Datsun cars were sold in 190 countries across the world. The Datsun name was phased out in the 1980s, only to be revived 30 years later as “an important part of Nissan’s DNA.” However, Datsun eventually reversed the decision, making Nissan the primary company brand for the auto maker.

Joining Datsun on the gone-but-not-forgotten product list is Internet Explorer – the Web browser that many say really started the popularity of the Internet. First launched in 1995, IE was the dominant browser for many years, reaching 90% of users in early 2000s. But competition from Google Chrome, Apple’s Safari, and Mozilla’s Firefox finally proved to be too much. All is not lost however; in its place will be Microsoft Edge browser.

Farewell to our old favorite brands.

Welcome to the newcomers!

Group Activities and Discussion Questions:

  1. Discuss the stages in the product life cycle. What are the marketing objectives in each stage?
  2. Divide students into teams. Have each team draw a PLC and place various products and services into each stage?
  3. How are cars moved through the PLC?
  4. How does technology move through the PLC? What are the adoption cycles?
  5. Show video of Internet Explorer death: https://youtu.be/wZoZV6GjzPA
  6. We’ve seen other products revived after being declared “dead.” What would it take to revive these two brands?

Sources:  Jacobsen, R. (15 June 2022). Internet Explorer has retired. Associated Press.; Nissan signals end of road for Datsun cars. (25 April 2022). BBC News.; other news sources.

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What Trends are in Store for us in 2022?

Marketers need to be able to monitor trends with an eye towards predicting what consumers will want next. While it is hard to predict the future, we can examine the current environment with respect to what might happen next.

In its yearly predictions report, international research firm Euromonitor forecasts what consumers will want and need. Companies then can use these predictions to consider the strategies that they might pursue.

Lifestyles in 2021 made radical shifts as populations continued to be impacted by the pandemic. To no one’s surprise, COVID-19 and the Omicron variant continue to be very important to the immediate future.  Marketers and businesses must evolve quickly to keep up with new demands.

Ten  predictions for consumers in 2022 include:

  1. Rethinking the supply chain.
  2. Climate change – a low-carbon world.
  3. Senior citizens and their digital adoptions and usage.
  4. Controlling personal finances.
  5. Prioritizing personal values and individual goals.
  6. The metaverse moves to reality.
  7. Increasing adoption of second-hand and peer-to-peer marketplaces.
  8. City dwellers want advantages of living outside of cities.
  9. The importance of self-care and happiness.
  10. The hybridization of being social.

These trends provide guidance for companies and marketers. Using these, we can gain insight into consumer values and behavior. If 2021 was a year that required us to be adaptable and resilience, then what does 2022 indicate?

What trends will impact you?

Group Activities and Discussion Questions:

  1. The full Euromonitor report can be accessed at: https://go.euromonitor.com/white-paper-EC-2022-Top-10-Global-Consumer-Trends.html?utm_source=WSJ&utm_medium=article&utm_campaign=CT_22_01_18_WP_Top%2010%20GCT%202022%20EN
  2. Discuss the importance of environmental scanning and conducing SWOT analysis.
  3. Show the Euromonitor report to students.
  4. Divide students into teams.
  5. Have each team select one of the top 10 trends and prepare a discussion for the class.
  6. What industries and companies will be most impacted by that trend?
  7. What should marketers do to address the trend?

Source: Alcantara, A-M., (January 17, 2022). Ten trends that will shape the way we shop, eat and live this year, Wall Street Journal; Euromonitor International (January 18, 2022), Top 10 global consumer trends 2022.

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