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Innovative Marketing Strategy
Lecturer: Michal Varmus Winter School 2017 ŠKODA AUTO University Mladá Boleslav Czech Republic
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Josef Alois Schumpeter
The new combination of developments, refers to as "innovation". Companies will try to use technological innovation - new product or service or a new process for their production – when there will gain a competitive advantage (Josef Alois Schumpeter). Innovation is real transferring ideas into new products (goods and services), processes, systems and social relations. (Tureková – Mičieta, 2003)
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Marketing Innovations
Marketing innovations include significant changes in the way trade in goods and services, including design changes and packaging.
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Shared Vision, Leadership and the Will to Innovate
Key features: Clearly formulated and shared sense of activity / innovation Extending our strategic objectives Involvement of top management Alexander Graham Bell : “Mr. Watson, come here, I need you” Western Union - NO American Telephone and Telegraph (ATT) - YES After 4 years 50,000 and after 20 years 5,000,000 phones
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Key Factors Organisation Innovation management Lateral thinking Pro-innovation climate
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Key Factors Key People
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Coincidence vs Plan
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(Chocolate + Customise)
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32 % of teenagers Instagram regarded Instagram as the most important social network
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76 % of Facebook users visiting this social network daily.
More than 56 % of adults use more than one social network.
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Instagram platform monitors daily YouTube via mobile devices
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1,200 % 41 % 157 %
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Do not to Sell Own Products
People buy what the others have. It is not necessary sell products. People are doing it themselves. Show what's going on.
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Advice Focus on what people are doing with your product, not on what the product can. Allow people to dream - real estate agent. Create special group.
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Help your customers help you
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Create Memorable Messages
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Slogan Mac “The Computer for the Rest of Us.”
iPod “1,000 Songs in Your Pocket. “ iMac “3 Steps to the Internet.” Pepsi “Choice of a New Generation.” “Marketing is not about what you say, but what say about it to others.”
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Being one step ahead Surprise and delight customers.
Focus on feeling and first impression. Start with the packaging.
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Thanks for your attention
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