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“Do consumers want to design unique products on the internet? A ...

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With an overview of <strong>the</strong> his<str<strong>on</strong>g>to</str<strong>on</strong>g>ry and principles of MC now complete, <strong>the</strong> next secti<strong>on</strong><br />

will look <str<strong>on</strong>g>to</str<strong>on</strong>g> critically evaluate <strong>the</strong> proposed benefits of MC cited in <strong>the</strong> literature.<br />

2.1 Why MC?<br />

If <strong>the</strong>re really is nothing simple about MC (Hart 1995) <strong>the</strong>n why is this <str<strong>on</strong>g>to</str<strong>on</strong>g>pic worthy of<br />

such academic and business interest? Teresko (1994:46) believes “If you can sell<br />

everything you make, mass cus<str<strong>on</strong>g>to</str<strong>on</strong>g>misati<strong>on</strong> is irrelevant”. This like Harts visi<strong>on</strong>ary<br />

definiti<strong>on</strong> may be correct in an absolute, transcendent and idealistic way however in<br />

reality it is flawed. While <str<strong>on</strong>g>to</str<strong>on</strong>g>day a business may sell everything that it produces, <strong>on</strong>ly in a<br />

market m<strong>on</strong>opoly are sales liable <str<strong>on</strong>g>to</str<strong>on</strong>g> be static and not subject <str<strong>on</strong>g>to</str<strong>on</strong>g> competiti<strong>on</strong> from rival<br />

businesses. While <str<strong>on</strong>g>to</str<strong>on</strong>g>day you may sell everything you make, a competi<str<strong>on</strong>g>to</str<strong>on</strong>g>r moving <str<strong>on</strong>g>to</str<strong>on</strong>g> MC<br />

and offering <strong>the</strong> cus<str<strong>on</strong>g>to</str<strong>on</strong>g>mer increased choice may irreversibly change this. Just because<br />

you are selling you may not be satisfying cus<str<strong>on</strong>g>to</str<strong>on</strong>g>mers or selling profitably and fast enough<br />

<str<strong>on</strong>g>to</str<strong>on</strong>g> reduce potential revenue sitting in s<str<strong>on</strong>g>to</str<strong>on</strong>g>ck. It also doesn’t address <strong>the</strong> fact that by<br />

utilising MC you are co-<str<strong>on</strong>g>design</str<strong>on</strong>g>ing with <strong>the</strong> c<strong>on</strong>sumer which will allow you <str<strong>on</strong>g>to</str<strong>on</strong>g> always sell<br />

everything that you make and as suggested by empirical research (see Piller et al 2004 for<br />

an overview), sell at a premium price.<br />

According <str<strong>on</strong>g>to</str<strong>on</strong>g> <strong>the</strong> literature a business’ choice not <str<strong>on</strong>g>to</str<strong>on</strong>g> pursue MC and encourage cus<str<strong>on</strong>g>to</str<strong>on</strong>g>mer<br />

involvement may be diminishing. Cus<str<strong>on</strong>g>to</str<strong>on</strong>g>mers now appear <str<strong>on</strong>g>to</str<strong>on</strong>g> be demanding more<br />

influence (Prahalad & Ramaswamy 2004) with an “uninterrupted trend <str<strong>on</strong>g>to</str<strong>on</strong>g>wards<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 />

18

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