“Do consumers want to design unique products on the internet? A ...
“Do consumers want to design unique products on the internet? A ...
“Do consumers want to design unique products on the internet? A ...
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Figure 1: Producti<strong>on</strong> Methods - Comparis<strong>on</strong> between Cus<str<strong>on</strong>g>to</str<strong>on</strong>g>mer Involvement & Quantity<br />
Produced<br />
MP was focused <strong>on</strong> creating ec<strong>on</strong>omies of scale by standardising manufacturing, in LP<br />
<strong>the</strong>se ec<strong>on</strong>omies came from streamlining <strong>the</strong> producti<strong>on</strong> process with suppliers. MC<br />
however is not insular or internally focused al<strong>on</strong>g <strong>the</strong> value chain, instead it looks<br />
externally <str<strong>on</strong>g>to</str<strong>on</strong>g> get greater cus<str<strong>on</strong>g>to</str<strong>on</strong>g>mer involvement, earlier. This changes <strong>the</strong> process from a<br />
producti<strong>on</strong>-push <str<strong>on</strong>g>to</str<strong>on</strong>g> a demand-pull (Ec<strong>on</strong>omist 2001; Agrawal et al 2001) market. Ra<strong>the</strong>r<br />
than trying <str<strong>on</strong>g>to</str<strong>on</strong>g> sell a product you have already produced, you have already sold <strong>the</strong><br />
product before you’ve created it (Rifkin 1994). As figure 1 shows <strong>the</strong> cus<str<strong>on</strong>g>to</str<strong>on</strong>g>mer<br />
involvement is greatly increased while <strong>the</strong> quantity produced is often just <strong>on</strong>e unit.<br />
The inherent complexity of combining <strong>the</strong> different approaches of “mass” and<br />
“cus<str<strong>on</strong>g>to</str<strong>on</strong>g>misati<strong>on</strong>” in<str<strong>on</strong>g>to</str<strong>on</strong>g> <strong>on</strong>e profitable and successful business model may explain why MC<br />
has not had business impact that was anticipated (Lee et al 1999) since <strong>the</strong> ideas<br />
c<strong>on</strong>cepti<strong>on</strong> more than 25 years ago, with many business “failing miserably <str<strong>on</strong>g>to</str<strong>on</strong>g> get <strong>the</strong><br />
balance right” (Kotler and Armstr<strong>on</strong>g 1999).<br />
Adam Fletcher – Do <str<strong>on</strong>g>c<strong>on</strong>sumers</str<strong>on</strong>g> <str<strong>on</strong>g>want</str<strong>on</strong>g> <str<strong>on</strong>g>to</str<strong>on</strong>g> <str<strong>on</strong>g>design</str<strong>on</strong>g> <str<strong>on</strong>g>unique</str<strong>on</strong>g> product <strong>on</strong> <strong>the</strong> <strong>internet</strong>.<br />
2006<br />
16