Monetizing Innovation : How Smart Companies Design the Product Around the Price
Ramanujam, Madhavan; Tacke, GeorgAbstract: 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. Read more...
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.
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CMI MANAGEMENT BOOK OF THE YEAR 2021 - SHORTLIST ' Business Recoded is a great source of inspiration for leaders who want to explore, shape and prepare themselves for the future.' ALEXANDER OSTERWALDER, author of Business Model Generation and The Invincible Company 'It is not often that we have moments of magic in any business. What Peter has given us is more than just ideas and inspiration, but a whole way of thinking about how we could reinvent our future, and start making it happen tomorrow.' ALBERTO UNCINI-MANGANELLI, GM and SVP, Adidas 'With energy, enthusiasm and a deep reservoir of fantastic examples, Peter Fisk maps out what each of us needs to do in order to re-calibrate ourselves and our organizations to create the future. Business Recoded is persuasive and compelling.' STUART CRAINER, founder, Thinkers50 'Peter Fisk's excellent new book, Business Recoded, will help 'recode' your business by tapping into the minds of some of the world's most brilliant business leaders. It's a must-read for anyone in need of a quick fix of inspiration and tried-and-tested advice.' MARTIN LINDSTROM, author of Buyology and Small Data 'Peter Fisk is a terrific storyteller with an encyclopaedic grasp of best business practices across the globe. If you want to disrupt the future of your business, this book is your decoder ring.' WHITNEY JOHNSON, author of Disrupt Yourself 'A brilliant collection of practical guidelines intended to refresh and reinvent our mindsets, from a global...