Workshop II: "Crossing the Commercialization Chasm"

Led by: Mark Cavender, Founder and Managing Director

2 ½ days, Technopolis Ruoholahti, Helsinki.

Timeline

  • 2.12.-4.12.2009 Group A
  • 7.12.-9.12.2009 Group B

Agenda

Introduction

While many technology products are enthusiastically adopted by a few visionaries who are looking for competitive advantage, the story changes as companies attempt to market and sell to mainstream pragmatists. This “chasm” in adoption is where many technology companies fail. This program is designed to help your company cross this “commercialization chasm” by creating a winning market development strategy.

Key to success in crossing this “commercialization chasm” is a clear understanding and execution of 9 key strategy elements including:

  • Target customer
  • Compelling reason to buy
  • Whole product
  • Partners and allies
  • Distribution
  • Pricing
  • Competition
  • Positioning
  • Next target

Program Objective

The objective of this session is to develop the knowledge and skills required to create and execute winning market development strategies in both the early market of visionaries and the mainstream market of pragmatists.

What You Will Learn 

  • How to understand the changing influence of buyers across the Technology Adoption Life Cycle
  • How to recognize different market dynamics across the Technology Adoption Life Cycle
  • How to identify your product category
  • How to discern the level of discontinuity your product brings to the market
  • How to place your product category in the Technology Adoption Life Cycle
  • 9-point summary templates for strategy development across all phases of the Technology Adoption Life Cycle
  • How to develop a winning 9-point strategy for the Early Market
  • How to cross the commercialization chasm by developing a winning 9-point strategy for the Bowling Alley

Practical Application: What You Walk Away With

  • Key products placed in the Technology Adoption Life Cycle
  • A draft 9-point commercialization strategy for a key emerging market product that your company produces
     

WORKSHOP II Agenda

AGENDA DAY ONE

08:00 - 08:30 Registration
08:30 - 09:00 Setting the Stage
Overview of the program and agenda review
Introductions
09:00 - 10:15 Principles of High-Tech Marketing
Introduction to high-tech marketing
10:15 - 10:30 Break
10:30 - 12:00 Buyer behavior and crossing the chasm
Dynamics of market development
12:00 -13:00 Lunch
13:00 - 14:15 Tools for Building a Strategic Framework
Planning tools
Strategy modeling tools
Self – assessment tools
14:15 -14:30 Break
14:30 -15:45 Creating a Winning 9 Point Strategy
Target Customer
Compelling reason to buy
15:45 -16:00 Break
Target Customer - continued
Compelling reason to buy - continued
16:30 -18:30

Reception
Each company will introduce their chosen
target segment and how they reached their conclusion

  Dinner is on your own

AGENDA DAY TWO 

08:00 - 08:30 Coffee and Networking
08:30 - 09:00 Review of Day 1
09:00 - 10:15 Creating a Winning 9 Point Strategy - continued
Whole Product
Partners and Allies
10:15 -10:30 Break
10:30 -12:00 Distribution
Pricing
12:00 -13:00 Lunch
13:00- 14:15 Creating a Winning 9 Point Strategy - continued
Competition
Positioning
14:15 -14:30 Break
14:30 -15:45 Competition - continued
Positioning - continued
15:45 -16:00 Break
16:00 -17:15 Next Target
18:30 -21:30 Dinner
“Finnish Positioning Idol” - Each company
will introduce their positioning statements

AGENDA DAY THREE

08:00 - 08:30 Coffee and Networking
08:30 - 10:00 Putting it all together
10:00 - 10:30 Break
10:30 -11:45 Group strategy presentations
Pricing
11:45 - 13:00 Wrap-up