value Flashcards
technology innovation
-building it and they will come
- creation of breakthrough technology
-often translates to more costs
- does not necessarily equal buyer rate
-technology alone has little value to most users
value innovation
-the pursuit of differentiation (all products work together) and low costs (not low price)
- providing value for the buyer
- does not preclude technology innovation (going back to watch case - level of sophistication has changed)
-leap in va,ue
what is the association of value and tech innovation?
there is an equal emphasis
value without?
innovation is generally incremental
innovation without?
value tends to be tech-driven
increasing value and having lower cost =?
profit
when will technology not attract buyers?
if it does not make a buyers life easier it will not be adopted