Article, Telegraph.co.uk, 10/09 Show the video to your class and pause after a few seconds. Ask your students to guess what it is. Dyson’s new product © easilyinteractive.com 2009 1 * DC16 handheld vacuum cleaner DC01 upright vacuum cleaner, 1993 Apex G-Force A brief history of Dyson products Dyson washing machine, 2000 © easilyinteractive.com 2009 DC02 Dyson Airblade 2007 2 Show the video to your class (in the article, right) and pause after a few seconds. Ask your students to guess what it is. Article, Telegraph.co.uk, 10/09 And the next one… * © easilyinteractive.com 2009 3 Dyson’s new product discussion questions Discuss this product launch in relation to Ansoff’s Matrix Draw a product life cycle and Boston Matrix placing all of Dyson’s products appropriately Justify your decisions Discuss whether, in your opinion, this new product represents innovation or invention In groups discuss a marketing strategy for this product and prepare to present it to the class * Don’t forget to carefully consider your target market The winning bid wins the advertising contract!!! © easilyinteractive.com 2009 4 Dyson’s new product AS course review questions (1/2) What makes James Dyson such as successful entrepreneur? He is estimated to be worth £760 million! Why is it important that he protects his idea? How can he do this? What sector is this business in and how has he added value? Dyson is a private limited company. What are the benefits and drawbacks of this structure? * Why is Dyson not a plc? © easilyinteractive.com 2009 5 Dyson’s new product AS course review questions (2/2) What market research would you have advised Dyson to undertake before launching this product? What segment of the market is this product aimed at? Explain your answer. Why do you think this? Dyson is a successful Ltd with profits of £88million in 2008 What sources of finance are available to it to continue with its expensive research into new products? Which source of finance should it use to fund a £10 million new invention? * Explain your answer © easilyinteractive.com 2009 6 Sources Dyson website Wikipedia Images found on Google* Questions on slides 5 and 6 by nattybee on the TES website For more well-crafted, highly interactive PowerPoint resources please visit easilyinteractive.com * Images from Google have been used without seeking permission since this product has been produced for non-commercial purposes © easilyinteractive.com 2009 7