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27<br />

sure time is corroding. Values are correspondingly personal and are continually<br />

negotiated in the eternal exchange of information between actors in the individual's<br />

environment. Categorical truths are only for the narrow-minded. And if<br />

a company's values are so broadly stated that we all can agree about them,<br />

we might as well not have them. Communication is difference; everything<br />

else is increasingly perceived as 'hot air'.<br />

The little rational story wins<br />

Hence, the conquering story is the little story about the product that makes a difference<br />

compared to other products or really changes the buyer's possibili-ties.<br />

The brands that have survived the change to the rational paradigm are those<br />

that in their marketing have created a correspondence between performance<br />

and story. Brands that have kept their internal logic from the turn of the millennium<br />

and still are successful are, among others, Louis Poulsen, B&O, Avis (We<br />

Try Harder) and Maersk (punctual diligence). Stories about value for money.<br />

In this respect it marks a return to the old ideas about the product as the<br />

hero (or the buyer as hero through the product). Though with the difference<br />

that we increasingly are critical of the real and functional product advantages.<br />

The spectacular staging of the consumer's needs, which we saw in the<br />

past, is on the wane along with the emotional argument. Especially the new<br />

generations on the labour market are very conscious about what requirements<br />

they have - and how to fulfil them. The 80's mentality of our childhood<br />

is still in fresh memory.<br />

The old market structure in decline<br />

Around the turn of the millennium most companies were set in a way of<br />

thought that very much was historically based. Back then, the market structure<br />

for most companies could be fit into a vertical model where the movement<br />

was from producer to consumer (see page 7). The trend now is that<br />

this market concept and the logic behind it are in decline.<br />

The new successful companies increasingly dissolve the boundary between<br />

'consumer' and 'producer' and organise their company like a network<br />

based on a decisive will to create transparency and frictionless communication<br />

possibilities. The movement is increasingly going from user to producer,<br />

and all involved parties can follow the process.<br />

VELUX IN 'THE RATIONAL<br />

INDIVIDUALS' 2013<br />

Our organisation is based on the<br />

market structure of the new age.<br />

Things increasingly revolve around<br />

the customers. Their individual<br />

product needs trigger our production<br />

- and it is difficult to see<br />

where the company begins and<br />

ends. Customers, suppliers, producers,<br />

and distributors are all<br />

part of the same network. They<br />

find each other through project<br />

folders on the internet. The brand<br />

of VELUX is today far better adapted<br />

to the individual stakeholder<br />

groups. Also for the employees,<br />

which have optimal conditions for<br />

individual development and working<br />

from home.<br />

We have always had Product<br />

Power, but now we can set aside<br />

far more resources for development<br />

and optimisation of our core<br />

products. For instance, new functional<br />

windowpanes have seen the<br />

light of day. They can do far more<br />

than just insulate against heat and<br />

cold - they can e.g. create energy<br />

for the home through solar cells.<br />

The ongoing developments constantly<br />

vitalise the story of VELUX,<br />

which now increasingly focuses<br />

on the original basis: innovative<br />

engineering<br />

Mass customisation<br />

At the same time far fewer standard products are produced and far fewer<br />

fixed services are sold. Today nearly everything is produced directly from<br />

the end-users desires and specifications. Mass customisation has truly replaced<br />

mass production. The consumer is no longer a passive consumer, but an<br />

active co-producer - a prosumer.<br />

It becomes ever easier and cheaper to give the products you buy individual<br />

characteristics. The general availability of print on demand technology<br />

e.g. provides remarkable choices when buying a book. Should the book be in<br />

small or large format? Hardcover or paperback? Printed on cheap or quality<br />

paper? The bookstore has become a portal for all the book publishers of the<br />

world, which in return no longer need to bother with printing. Many electronic<br />

stores have also begun using 'gadget printers' that provide on-the-spot<br />

production of e.g. mobile phones, remote controls and pocket calculators<br />

according to the customer's specifications.<br />

<strong>Branding</strong> has come full circle<br />

In this way the history of branding has come full circle. With corporate branding<br />

the focus was directed at the company after a period with the focus on the<br />

product and the corporate brand (see page 5), but now we have come all the

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