article thumbnail

Microsoft's Kinect Misses the Mark

Harvard Business Review

Maybe it could have positioned the first generation Kinect as something for hard core gamers who don't mind dealing with quirky interfaces before introducing a more streamlined version for the mass market.

article thumbnail

Find the Best Local Markets to Drive Growth

Harvard Business Review

My colleague Tim Joyce and I have found a similar viral phenomenon with superconsumers — our term for people who buy big volumes of a product or service, but who often can be convinced to buy even more. Ideas like economies of scale (manufacturing, sales, and marketing) are still relevant, but may have diminishing returns.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

J.C. Penney's Real Problem: The Shrinking Middle Class

Harvard Business Review

There''s one big reason JCP would never be "Bloomingdale''s for the mass market," as Johnson wanted it to be, and that''s because the mass market is gone. This reflects a troubling development in our economy, what some have termed the "hourglass economy." Because the middle class is gone, or at least rapidly going.

Class 8
article thumbnail

Is the Drone's Potential Being Shot Down Too Fast?

Harvard Business Review

There is another reason, too, that the drone market is set to take off. Currently, according to FAA rules , noncommercial uses of drones are permitted only so long as they stay below 400 feet (the official designation of U.S. Thus, mass-market drones clearly hold potential for what Paul Nunes and I call "big bang disruption."

article thumbnail

Pay-What-You-Want Experiments, from Stephen King to Kickstarter

Harvard Business Review

They have an idea for a vocal "warm-up" program and intend to develop and market computer programs and videos to effectively coach aspiring performers. But, on the other hand, did they do themselves long-term reputational harm but not simply offering a discount. Backers get a discount, but everybody pays, and that was that.

Retail 13
article thumbnail

Your New Hit Product Might Be Underpriced

Harvard Business Review

Some products are truly innovative but stay walled up too long in R&D and then are released to market when they are no longer unique. We term these product launches “minivations” and they are the result of product developers who don’t realize just how much value their offerings would provide to customers.

article thumbnail

An Inside View of How LVMH Makes Luxury More Sustainable

Harvard Business Review

The companies that are most vocal about environmental and social issues tend to be big, mass-market brands — well-known retailers , consumer products giants , and tech firms that are telling a new story to consumers who increasingly care about sustainability.