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For CMO & Marketing Leadership Professionals

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August 27, 2008

CDI: Defined But Not Adopted

Consumers Are Not Involved Enough In Product Innovation

by Mary Beth Kemp

with Jaap Favier, Alice Bresciani, Cindy Commander

This is an excerpt

Executive Summary

Consumers are still left out of new product development — despite two facts: 1) An estimated 80% of new products still fail, and 2) digital technologies present an open door to learning what consumers want and need. Marketers must take the lead on integrating the customer into the new product development process on three critical dimensions: discovery, design, and deployment. To spearhead their internal process innovation, marketing leaders should get CEO buy-in to appoint a Consumer-Driven Innovation champion.

TABLE OF CONTENTS

  • Consumers Are Left Out Of Innovation
  • Make Consumers Feel At Home In Innovation
  • Marketing Must Drive Consumer-Driven Innovation

RECOMMENDATIONS

  • Assign A Consumer-Driven Innovation Champion
  • Related Research Documents

This is an excerpt

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RESEARCH CATEGORIES

Analyst

Mary Beth Kemp

Technology

Marketing & Advertising, Brand Tactics

Geography

Asia Pacific, Europe, North America