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Brand Relevance: Making Competitors Irrelevant - always yours

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200 BRAND RELEVANCE<br />

leaning. It expanded its reach to some sixty countries. It developed<br />

a Segway social online networking site whereby owners<br />

could compare notes and experiences. They still have no<br />

competition for their product and are considering extension to<br />

four - wheel vehicles in cooperation with GM. But there is little<br />

question that the optimistic prospects did not materialize.<br />

Not to be discouraged, Kamen ’ s next venture is to produce a<br />

box fueled by burning cow manure to purify water. 5 If the device,<br />

with inexpensive, reliable parts designed by Kamen ’ s fi rms, can<br />

get distribution it would potentially reduce sharply the number<br />

of deaths caused by impure water now estimated to be in the<br />

neighborhood of fi ve million people per year. Kamen did learn<br />

one lesson from the Segway. In the future he plans to get a large<br />

fi rm to handle the production and distribution of the product.<br />

What are the learnings here? Where did the evaluation go<br />

wrong? First, market research needed to have more depth. The<br />

overestimation of the market for postal and security workers<br />

could have been reduced, perhaps with ethnographic research<br />

or a more systematic fi eld test. Second, distribution is a key link<br />

to any new offering and, in retrospect, chains that could demonstrate,<br />

train, and service were necessary. Third, the talent<br />

defi ciency in marketing was a contributing factor in the disappointing<br />

sales. The role of talent is too often underestimated.<br />

Finally, there is a downside of exuberance and widespread publicity.<br />

If an evaluation had led the way to a modest plan spread<br />

out over a decade, the Segway, with its performance, quality,<br />

and publicity, might have been recorded as a clear winner.<br />

Evaluation: Picking the Winners<br />

There will <strong>always</strong> be too many concept ideas if the organization<br />

is open to them and way too many if the organization actively<br />

creates them. Because there are limits on any organization ’s<br />

resources and tolerance for risk, it becomes critical to prune<br />

them back with discipline and identify those that have the most

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