000			05178nam a22003377a 4500
001			19010845
003			IIITD
005			20240406125311.0
008			160310s2016 nju b 001 0 eng
010			_a 2016004213
020			_a9781119240860
040			_aDLC _beng _cDLC _erda _dDLC
050	0	0	_aHF5415.153 _b.R356 2016
082	0	0	_a658.575 _223 _bRAM-M
084			_aBUS043000 _2bisacsh
100	1		_aRamanujam, Madhavan
245	1	0	_aMonetizing innovation : _bhow smart companies design the product around the price _cby Madhavan Ramanujam and Georg Tacke
260			_aNew Jersey : _bJohn Wiley & Sons, _c©2016
300			_axiv, 241 p. ; _c24 cm
504			_aIncludes bibliographical references (pages 219-225) and index.
505	8		_aMachine generated contents note: Chapter 1: How Innovators Leave Billions on the Table: A Tale of Two Cars Chapter 2: Feature Shocks, Minivations, Hidden Gems and Undeads: The Four Flavors of Monetizing Innovation Failure Chapter 3: Why Good People Get It Wrong Chapter 4: Have the "Willingness to Pay Talk" Early: You Can't Prioritize Without It Chapter 5: Don't Default to a One-Price-Fits-All Solution: Like it or Not, Your Customers are Different Chapter 6: In Designing Products, Don't Regard Packaging and Bundling as Afterthoughts Chapter 7: Go Beyond the Flat Price: 5 Powerful Monetization Models Chapter 8: Price Low for Market Share or High for Premium Branding? Pick the Winning Pricing Strategy Chapter 9: From Hoping to Knowing: Build an Outside-In Business Case Chapter 10: The Innovation Won't Speak for Itself: You Must Communicate the Value Chapter 11: Use Behavioral Pricing Tactics to Persuade and Sell: Sometimes Your Customers Will Behave Irrationally Chapter 12: Maintain Your Price Integrity: Avoid Knee-Jerk Re-Pricing Chapter 13: Learning from the Best: Successful Innovations Designed Around the Price Chapter 14: Implementing the "Designing the Product Around the Price" Innovation Process Index.
520			_a"Surprising rules for successful monetization Innovation is the most important driver of growth. Today, more than ever, companies need to innovate to survive. But successful innovation—measured in dollars and cents—is a very hard target to hit.  Companies obsess over being creative and innovative and spend significant time and expense in designing and building products, yet struggle to monetize them: 72% of innovations fail to meet their financial targets—or fail entirely. Many companies have come to accept that a high failure rate, and the billions of dollars lost annually, is just the cost of doing business. Monetizing Innovations argues that this is tragic, wasteful, and wrong. Radically improving the odds that your innovation will succeed is just a matter of removing the guesswork. That happens when you put customer demand and willingness to pay in the driver seat—when you design the product around the price. It’s a new paradigm, and that opens the door to true game change: You can stop hoping to monetize, and start knowing that you will. The authors at Simon Kucher know what they’re talking about. As the world’s premier pricing and monetization consulting services company, with 800 professionals in 30 cities around the globe, they have helped clients ranging from massive pharmaceuticals to fast-growing startups find success. In Monetizing Innovation, they distil the lessons of thirty years and over 10,000 projects into a practical, nine-step approach. Whether you are a CEO, executive leadership, or part of the team responsible for innovation and new product development, this book is for you, with special sections and checklist-driven summaries to make monetizing innovation part of your company’s DNA. Illustrative case studies show how some of the world’s best innovative companies like LinkedIn, Uber, Porsche, Optimizely, Draeger, Swarovski and big pharmaceutical companies have used principles outlined in this book. A direct challenge to the status quo “spray and pray” style of innovation, Monetizing Innovation presents a practical approach that can be adopted by any organization, in any industry. Most monetizing innovation failure point home. Now more than ever, companies must rethink the practices that have lost countless billions of dollars. Monetizing Innovation presents a new way forward, and a clear promise: Go from hope to certainty"--
520			_a"The book explains how most companies get sidetracked by Product-Driven Thinking and how to innovate by starting with the price customers will pay, and creating the product for that price. It will present a process that Simon-Kucher & Partners has used to help dozens of others avoid innovation failure by making pricing and marketing their guiding light throughout the product development process"--
650		0	_aNew products _xMarketing.
650		0	_aPricing.
650		7	_aBUSINESS & ECONOMICS / Marketing / General. _2bisacsh
700	1		_aTacke, Georg
906			_a7 _bcbc _corignew _d1 _eecip _f20 _gy-gencatlg
942			_2ddc _cBK
999			_c172395 _d172395