Location Based e-Business Global Innovation Management iPhone Code xcode: Handling an initial touch event - (void)touchesBegan:(NSSet *)touches withEvent:(UIEvent *)event { // We only support single touches, so anyObject // retrieves just that touch from touches UITouch *touch = [touches anyObject]; // Only move the placard view if the touch was in the placard view if ([touch view] != placardView) { // In case of a double tap outside the placard view, // update the placard's display string if ([touch tapCount] == 2) { [placardView setupNextDisplayString]; } return; } // Animate the first touch CGPoint touchPoint = [touch locationInView:self]; [self animateFirstTouchAtPoint:touchPoint]; Global Innovation Management Xcode IDE Global Innovation Management GPS and Acceleration Location Dependent Activities (Where am I?) • Mobile antennas provide a reliable, cheap alternative – or augmentation to GPS – That is 2-way • Mobile phone users can send text messages to their friends, pay their bills, get traffic reports and buy a cup of coffee – Useful for a variety of commercial activities involving transport, delivery, logistics, etc. Global Innovation Management Digital ID • Phone based biometrics • Internet security depends on unequivocal transaction source identification. • Phone could be universal ID – Eliminating problems of card based and other physical ID’s Global Innovation Management Instant Information Search • Yellow Pages, White Pages, Newspaper, Maps, Encyclopedia Britannica, Bookshelf, Library of Congress, UMI Digital Library, Proquest, the Web • … all rolled into one portable device Global Innovation Management Electronic Books • • • • • Service Manuals Catalogs News Novels … you name it • Reengineering publishing Global Innovation Management Electronic Radio Pandora • Radio for the car and pedestrian walkways • … but searchable and programmable • Reengineering music and news Global Innovation Management Social Networking • Radio for the car and pedestrian walkways • … but searchable and programmable Global Innovation Management • Reengineering music and news Convergence of Long-Distance Telephone and Internet • Various systems exist for linking local phone service to VoIP for long-distance • Skype in out • SIP clients, YM, GM MSM on PC platform • Fring (like Skype in to various chat, SIP, etc clients) • Etc. Global Innovation Management Telemedicine • Various systems exist for linking local phone service to VoIP for long-distance • Skype in out • SIP clients, YM, GM MSM on PC platform • Fring (like Skype in to various chat, SIP, etc clients) • Etc. Global Innovation Management Internet Physicians’ Visits and Diagnosis Global Innovation Management (Googles?) AdMob Global Innovation Management Online Advertising (U.S.) 2012 • • • • Online advertising grew by 28% in 2011, 27% so far in 2012 and is expected to grow by 17% in 2013 and 11% in 2014. Over $19 billion is expected to be spent in online advertising by the end of 2012, compares to only $15 billion in 2011. Ad revenues are expected to make up 78% of Google’s revenue in 2012. The top 5 Google AdWords advertisers in 2011 were: – – – – – • The top 5 industries in online advertising expenditures in 2011 were: – – – – – • • • IAC/Interactive Corp ($174,231,000) Amazon.com ($118,501,000) AT&T ($115,564,000) Expedia ($92,163,000) Experian Group ($79,281,000) Finance and Insurance ($4 billion) Retailers and General Merchandise ($2.8 billion) Travel and Tourism ($2.4 billion) Jobs & Education ($2.2 billion) Home & Garden ($2.1 billion) Over 21$ of online videos viewed in May of 2012 were advertisements. 25% of all displayed ads delivered on the internet is delivered via Facebook. Social media advertising is expected to grow from $3 billion in 2011 to $3.6 billion in 2012, $4.4 billion in 2013 and $5 billion by 2014. Global Innovation Management Global Innovation Management Global Innovation Management Global Innovation Management Global Innovation Management Global Innovation Management Global Innovation Management Global Innovation Management Global Innovation Management Global Innovation Management Global Innovation Management Global Innovation Management Global Innovation Management Global Innovation Management Global Innovation Management Global Innovation Management Global Innovation Management Global Innovation Management Global Innovation Management Global Innovation Management Global Innovation Management Global Innovation Management Can Apple out-Google Google? iAd • Google is attempting to outdo Apple'siPhone with its Android software • But now Apple is taking aim at Google's bread-and-butter – online advertising • with plans to introduce a mobile advertising platform called iAd along with the release of the iPhone OS 4.0software later this summer • Apple's strategy is to give iPhone developers and corporate marketers a way to incorporate sophisticated and compelling ads in iPhone applications by essentially allowing them to build an application within an application Global Innovation Management Ad Platforms Global Innovation Management • Google announced a $750 million all-stock deal to acquire AdMob – considered one of the strongest ad network providers for the mobilecomputing world – just as Google bought DoubleClick in 2007 to blend search ad expertise with display ad expertise – so it plans to add AdMob's network of partners to its own mobile search ad efforts. Global Innovation Management AdMob Advantage • AdMob counts three Google veterans among the 10 executives listed on its management page • Google already operates DoubleClick Mobile, • an ad delivery service that allows publishers to sell mobile ads directly to advertisers through a variety of ad networks, – including AdMob's • What it doesn't have is its own display ad network – with the reach and heft of AdMob's 15,000 and growing namebrand advertisers, – which allows mobile publishers to essentially outsource their ad sales. Global Innovation Management Google Ads • For all the work Google does in other areas » Google Apps, Android, Google Voice – advertising has always been, and will likely remain, its most important source of cash • It dominates the most lucrative segment of online advertising (search) – and wants to expand its efforts in display advertising as well with a revamped DoubleClick Ad Exchange – and increased efforts to court the major advertisers of the world. Global Innovation Management Global Innovation Management Workout Location Based e-Business Model Global Innovation Management To Present • Prepare for your group to present – In 5-10 minutes – Describe your e-Market Model and the way that the customer will use it to buy your selected product – Use the Blackboard or present a maximum of 1-2 slides per task (hand written) • For the sake of time, please to not include anything else Global Innovation Management Choose a Product or Service Quickly think through: 1. Why customers buy this product (quiz and be honest) 2. How customers buy this product (i.e., the consumption chain) 3. Complementary products required to market this product 4. Competences your firm needs to compete Global Innovation Management Choose a Customer Segment Global Innovation Management Choose one of the Seven Post-2001 e-Marketing Models 3 3 3 4 Clu ster S ize = 5 4 3 2 2 4 Integrator 4 1 origin 1 2 2 Clu ster S ize = 2 1 2 P roduc ers 3 2 3 Cus tom ers S elfO rganizing Allianc e Agora D is tributive N etw ork Control Aggregation A ggregat or Value Chain P roducer Global Innovation Management value integration C ust om er P roducer Hierarc hic al Low C ust om er P roducer High C ust om er e-Marketing Workout 1. 2. 3. 4. 5. 6. Develop an e-Marketing Business Quiz to assess the dynamics of the customer experience with your chosen product For your chosen customer segment sketch the consumption chain (no more than 4 critical links) Identify the trigger events that precipitate customer movement from link to link Put in place procedures to alert you when the trigger is pulled (and plan your response) Study your attribute map for each significant link in the Consumption Chain Build an e-Marketing business model for this product (tell the story of the business model) • • 7. • • How the Web Page interface and use might look What customer market would use the Web Page and buy the product, and why How you would expect to commercialize the product How the marketing will become profitable Explain why it will be profitable (tie your model to costs and revenues) Global Innovation Management Consumption Chain Analysis S elec tio n S ear c h O r d er an d p u r c h as e Aw ar en es s o f n eed D eliv er y R ep air s an d R etu r n s P ay m en t F in al d is p o s al S er v ic e F in an c in g Us e R ec eip t S to r ag e an d tr as p o r t In s t a lla t io n a n d A s s e mb ly Global Innovation Management Function of Consumption Chain Analysis • A complement to quizzing … – And (perhaps) quizzing done from a different (more graphical) perspective • Consumption Chain Analysis – Works from the premise that • opportunities for new e-Marketing business models lurk at every step and decision that your customers take • From the time they first become aware of their need for your product or service • To the time thy finally dispose of the remnants of the used up product Global Innovation Management Every Link in the Consumption Chain has an Attribute Map • Energizers and Discriminators determine whether the customer moves forward through the consumption chain, or leave for a competitors product Basic Discriminator Energizer Positive Nonnegotiable Differentiator Exciter Negative Tolerable Dissatisfier Enrager Neutral So What? Parallel Global Innovation Management Ways of Describing Attributes • Common descriptive attributes are: substance, structure, color, shape, texture, sound, taste, odor, space, and density. • Common process attributes are: marketing, manufacturing, selling, function, and time. • Common social attributes are: responsibilities, politics, and taboos. • Common price attributes are: cost to manufacturer, wholesaler, retailer, and consumer. • Common ecological attributes are: positive or negative impact on the environment. • For example: – The attributes of a pencil might be listed as: used for writing, yellow, lead, eraser, sharp, hexagonal, has printing on it, and is cylindrical Global Innovation Management Process • Quizzing with your teammates (discover the customer experience with this business model and product) • Possibly use a Mind Map to find the main feature sets • Construct your consumers’ Consumption Chain • Identifying the discriminators and energizers • (Feature-Attribute Map) for the significant steps of the Consumption Chain (4 maximum) Global Innovation Management Quizzing, CCA & Attribute Maps • At the end of this process • You will have a clear idea of what you will need to provide to be competitive in the market • … of the components and architecture of a successful product or service • But you still won’t know where to get the capabilities that allow you to offer a product with these components and architecture • Capabilities are the other half of your Business Model Global Innovation Management e-Marketing Workout Develop an e-Marketing Business 1. Study your attribute map for each significant link in the Consumption Chain – 2. Put in place procedures to alert you when the trigger is pulled (and plan your response) Build an e-Marketing business model for this product (tell the story of the business model) • • • • 3. How the Web Page interface and use might look What customer market would use the Web Page and buy the product, and why How you would expect to commercialize the product How the marketing will become profitable Explain why it will be profitable (tie your model to costs and revenues) Global Innovation Management