Sign In
Not register? Register Now!
You are here: HomeEssayBusiness & Marketing
Pages:
1 page/≈275 words
Sources:
1 Source
Level:
APA
Subject:
Business & Marketing
Type:
Essay
Language:
English (U.S.)
Document:
MS Word
Date:
Total cost:
$ 4.32
Topic:

Role Of Consumer And Manufacturers In Product Innovation (Essay Sample)

Instructions:


DETERMINATION OF ROLE OF CONSUMER AND MANUFACTURERS IN PRODUCT INNOVATION

source..
Content:

ROLE OF CONSUMER AND MANUFACTURERS IN PRODUCT INNOVATION
Name
Institution
Course
Date
The articles discuss the role of the organization and the lead users INNOVATION. Among many firms and lead users, INNOVATION is seen as a concept that is purely strategized and formulated by the manufacturers. However, the HETEROGENEITY of users makes innovation a process that involves consumers and the users of the product. The article demonstrates that DEMOCRATIZATION of INNOVATION is the only way that will make a product fit for all the consumers as they have varying HETEROGENEITY. The move will bring in increased satisfaction. The product will have the advantage of catering to the fashion industry in a personalized way. In addition, the functionality will improve through the use of design such as that of the remote control.
Lead users INNOVATION of the Apple product has different needs while purchasing the product. DEMOCRATIZATION of INNOVATION of the product is a significant requirement for the users. Increased closeness between products the lead users of the apple products have resulted in the personalization of the products(wearing the product in the body).Unlike the previous version of Apple items, it comes with the range of benefits to the user like -GPS and Wi-Fiber, remote control and NFC technology that will provide comfortable and efficient communication. The pricing of the products will be on purely premium service. It will ensure it covers HETEROGENEITY of users leads users to buy the products based on his uses. The entry of the products in the fa...
Get the Whole Paper!
Not exactly what you need?
Do you need a custom essay? Order right now:

Other Topics:

  • Effectiviness Of Payback Period Research Assignment Paper
    Description: Despite time and value of money payback period is an reliable method of investment appraisal.Yes or No?...
    1 page/≈275 words| 3 Sources | APA | Business & Marketing | Essay |
  • Describe Critical Needs For Business Impact Analysis
    Description: A business impact analysis forecasts the consequences of distracting of a business role and process and collects the information needed to design recovery tactics...
    1 page/≈275 words| 2 Sources | APA | Business & Marketing | Essay |
  • Financial Feasibility And Building Income Of A Company
    Description: A feasibility study is a document showing the outcome of a research has been done. It shows the results of the findings, analysis, and evaluation of the suggested project and establishes whether the project is really viable or not....
    1 page/≈275 words| 1 Source | APA | Business & Marketing | Essay |
Need a Custom Essay Written?
First time 15% Discount!