Marketing Strategy -Logitech Io

edf40wrjww2CF_PaperMaster:Desc
3Cs ANALYSIS
Customers
?    Requires high behavioral change as it requires consumers to change their use from an ordinary to a proprietary digital paper which might not be cost efficient to some. Also consumers feel that keyboards are much faster and accurate than handwriting recognition.
?    Consumers don't feel / realize the need for this product (i.e., they are quite content with their current state which is the conventional pen and paper and keyboards on desktops and laptops).
?    Handwriting recognition has drawn several criticisms in the past and hence customers might be skeptical on the use of io.
?    Accuracy has always been an issue with handwriting recognition
?    ACCOT model
o    Advantage is relatively high as it reduces the clutter of paper and digitizes everything making a life lot easier.
o    Might be perceived as a complex product especially to those who are not technology savvy.
o    Compatibility low: requires high behavioral change.
o    Observability low as handwriting recognition products have been perceived as failure in the past due to various bugs in the technology.
o    Trialability low: cannot try on a limited basis before adopting.
"Why consumers don't buy?" (Article in course pack)
o    Endowment effect: consumer happy with the way they currently use pen and paper and keyboards on computers, so why change?
o    Curse of Knowledge: Since consumers don't appreciate the handwriting recognition technology based on past experiences it might have damaging effect on ...
Word (s) : 481
Pages (s) : 2
View (s) : 764
Rank : 0
   
Report this paper
Please login to view the full paper