• 제목/요약/키워드: New Product Strategy

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Exploration of Optimal Product Innovation Strategy Using Decision Tree Analysis: A Data-mining Approach

  • Cho, Insu
    • STI Policy Review
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    • 제8권2호
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    • pp.75-93
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    • 2017
  • Recently, global competition in the manufacturing sector is driving firms in the manufacturing sector to conduct product innovation projects to maintain their competitive edge. The key points of product innovation projects are 1) what the purpose of the project is and 2) what expected results in the target market can be achieved by implementing the innovation. Therefore, this study focuses on the performance of innovation projects with a business viewpoint. In this respect, this study proposes the "achievement rate" of product innovation projects as a measurement of project performance. Then, this study finds the best strategies from various innovation activities to optimize the achievement rate of product innovation projects. There are three major innovation activities for the projects, including three types of R&D activities: Internal, joint and external R&D, and five types of non-R&D activities - acquisition of machines, equipment and software, purchasing external knowledge, job education and training, market research and design. This study applies decision tree modeling, a kind of data-mining methodology, to explore effective innovation activities. This study employs the data from the 'Korean Innovation Survey (KIS) 2014: Manufacturing Sector.' The KIS 2014 gathered information about innovation activities in the manufacturing sector over three years (2011-2013). This study gives some practical implication for managing the activities. First, innovation activities that increased the achievement rate of product diversification projects included a combination of market research, new product design, and job training. Second, our results show that a combination of internal R&D, job training and training, and market research increases the project achievement most for the replacement of outdated products. Third, new market creation or extension of market share indicates that launching replacement products and continuously upgrading products are most important.

저염화 라면의 소비자 선호 분석을 활용한 기술사업화 전략 (Technological Commercialization Strategy based on Consumer Preference Analysis of Low-sodium Instant noodle Ramen)

  • 오상호;임춘성
    • 한국식생활문화학회지
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    • 제33권6호
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    • pp.523-530
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    • 2018
  • The purpose of this study was to develop a technology commercialization strategy by analyzing the consumer preference for low-sodium instant noodle ramen, which has a sodium content of 1,730 mg or less. For the commercialization of such low-sodium ramen, this study examined how much consumers would pay through an analysis of consumer preference by conjoint analysis. This study surveyed 1,004 men and women in their 20 s and 50 s between the ages of 20 and 50 years in Korea using an online survey. If the price of conventional instant noodle ramen is KRW 4,000 (approximately USD 3.57) per 5 packs for one pack of 5 servings in a supermarket, this study surveyed how much more they respondents would pay if the sodium was reduced by 10.0, 20.0, and 30.0%. The study found that if sodium was reduced by 10.0, 20.0, and 30.0%, the respondents would pay as much as KRW 4,180, KRW 4,307, and KRW 4,515, respectively. The attributes of low-sodium instant noodle ramen were examined according to the degree of sodium reduction, vegetable protein ingredients, brand, where to buy and price with each level. The Marginal Willingness To Pay (MWTP) was analyzed as follows. If the sodium content of ramen soup is reduced by 1.0%, the amount that can be paid would be KRW 105.78. Respondents could pay KRW 1,673 more for famous brand ramen than an unknown brand ramen. The study results indicated that when a new product is developed and released, it can be expected to increase sales of the new product by understanding the foreseeable value that consumers could pay for and realize the technological commercialization of the technology.

제품혁신이 기업의 수익 및 재무안정성에 미치는 영향 (The Impact of Corporate Product Innovation on the Firm's Revenue and Financial Stability)

  • 임동근;정진화
    • 기술혁신연구
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    • 제25권4호
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    • pp.239-261
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    • 2017
  • 본 연구는 제품혁신에 초점을 맞추어 기술혁신이 기업의 수익과 재무안정성에 미치는 영향을 분석하고 기업의 지속성장을 위한 전략적 시사점을 도출하는 데 목적이 있다. 제품혁신은 신제품개발 및 도입으로 정의한다. 기업의 수익은 종업원 1인당 매출액과 매출액 증가율로 측정하고, 재무안정성은 자기자본대비 부채비율과 유동비율로 측정한다. 실증분석은 제품혁신의 내생성을 고려하여 2단계 추정법을 사용하였고, 분석자료는 "인적자본기업패널(HCCP)"의 1차(2005년)~6차(2015년) 자료와 한국신용평가(주)의 기업재무자료를 병합한 자료이다. 분석결과에 의하면, 제품혁신은 기업의 지식자본스톡과 인적자원투자, 시장선도전략 등에 영향을 받으며, 제품혁신이 활발히 이루어지는 기업일수록 1인당 매출액과 매출액 증가율이 높고 부채비율은 낮으며 유동비율이 높다. 이러한 분석결과는 기술혁신투자와 이를 통한 제품혁신이 기업의 단기수익 창출 및 장기적인 재무안정성을 촉진하는 중요한 전략이라는 것을 의미한다.

선택형 컨조인트 분석을 통한 건강기능식품 속성의 소비자 선호에 관한 연구: 비타민 상품을 중심으로 (Choice-based Conjoint Analysis of Consumer Preferences for Health Food Attributes Focused on Vitamin C Supplements)

  • 김태훈;김보영
    • 유통과학연구
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    • 제13권3호
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    • pp.79-91
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    • 2015
  • Purpose - First, the study identifies and analyzes consumer preferences with regard to health foods and supplements. Second, it identifies and analyzes consumer preferences with regard to the properties of Vitamin C supplements. Third, in order to provide a basic data for the development of Vitamin C supplements and to measure how consumers value the properties of different Vitamin C products, a consumer survey was conducted through the choice-based conjoint model. Based on the results, the research estimates consumers' relative product-related priorities as well as price levels and willingness to pay (WTP) for different product types, and makes suggestions regarding consumer-oriented new product development and progressive directions for the successful launch of health foods and supplements. Research design, data, and methodology - This study aims to define the attributes of health foods and supplements based on several characteristics including their natural ingredients, product price, product originality, natural ingredient content, and additional functional ingredients, and makes suggestions regarding strategic market pricing and product development for health foods and supplements according to customer attitudes and characteristics. The research used choice-based conjoint analysis methodology based on the Multinomial Logic Model and collected 94 questionnaires filled out by users of Korean Vitamin C supplements. Results - Product price is the most influential factor among the five analyzed properties. When consumers buy Vitamin C products, the relative significance level of four of the examined properties is as follows: 40.9% for product price, 23.3% for product originality, 21.9% for natural ingredient content, and 13.9% for additional functional ingredients. Vitamin C content is excluded as it is not a statistically significant factor. It is interesting that supplement manufacturers and retailers consider Vitamin C content to be very important whereas consumers do not regard it as an important factor at the time of purchase. The results for the marginal willingness to pay (MWTP) for each property of Vitamin C supplements show that consumers are willing to pay an additional 11,146 Korean won for a 50% increase in the natural ingredient content. With regard to product originality, consumers are willing to pay an additional 11,301 Korean won for products manufactured in Europe than for products manufactured in China. Moreover, consumers show a greater preference for products manufactured in Korea than in Europe. However, consumers are not willing to pay more for additional Vitamin C or additional functional ingredients added to Vitamin C products. Conclusions - According to the results of consumer research on Vitamin C supplements, which represent a popular health food supplement in Korea, most Korean health food and supplement companies are not consumer- or market-oriented when developing new products. Companies gather information from either R&D specialists or sales managers and their opinions are highly reflected in new product development. The study's results will help companies recognize the importance of understanding consumers' unmet needs in advance to develop new products in the future.

What explains the failure of Google in the Korean market? The Impact of Multicultural PR Strategy

  • Kim, Hyejung;Woo, Wonseok;Kang, Hyoung-goo
    • Asia Marketing Journal
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    • 제14권4호
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    • pp.35-56
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    • 2013
  • The era of globalization provides us with both opportunities and threats. The success of a multinational corporation depends largely on its ability to adapt itself to new market environment. We believe that understanding and implementing multicultural PR strategy can be a key to the multinational corporations' success in foreign markets. We argue in this paper that even a global iconic company such as Google needs to focus on how to understand local consumers' needs and preferences before formulating and implementing PR strategy. Having a global hit product or service is not sufficient enough to be successful in some foreign markets. It is especially more evident in the industries where companies deal with individual consumers, and perceptions and sentiments play a large role in their purchase decisions. The objective of this research is to find out the relationship between multicultural PR strategy and business performance. Therefore, our main hypothesis is; better implementation of multicultural PR strategy by a multinational corporation will result in higher performance in the foreign markets. To prove the relationship between multicultural PR strategy and performance, we designed a framework that uses Rudan's (2004) five rules for multicultural PR strategy. It is a contribution to the business academics as there are very few studies that directly focus on and analyze the multicultural aspects of a multinational company's PR strategy. Through our research, we found strong evidence that there is a positive relationship between the level and effectiveness of a company's multicultural PR strategy and its performance in the foreign markets. This offers some meaningful implications to the managers of the multinational corporations and those who are considering going into a foreign market for the first time. We also suggested a way of measuring the implementation of multicultural PR strategy. By applying five rules for multicultural PR strategy to Google's PR activities, it allowed us to convert qualitative information into quantitative data. This kind of tool can be helpful for multinational corporations that want to evaluate their own PR activities.

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한.중 고객의 서비스 점포에 관한 만족과 충성도에 관한 실증적 연구 (A Empirical Study on the Satisfaction and Loyalty on the Service Store of Korean and Chinese Customer)

  • 박상선;진재성
    • 통상정보연구
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    • 제10권2호
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    • pp.433-453
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    • 2008
  • Customer satisfaction and loyalty are becoming an increasing salient topic in many firms and in academic research. This study places significance in establishing corporate marketing strategy via analyzing and understanding purchasing by Korean and Chinese customer, especially those for service store, who serve as the core in marketing activities. To objectives of this study are to investigate which antecedent variables have significant effects on consumer perceived satisfaction or loyalty and to examine whether these factors have differences between Korean and Chinese customer. To test the hypotheses, such antecedent variables as the product quality, service quality, store reputation, store image. All variables are significant factors in both Korean and Chinese customer. Under the current increasingly rapid competitive market, product/service quality, store reputation/image can provide customer satisfaction and loyalty, can generate continual customer expansion of current customer through the reuse intention and can contribute to the expansion of new customers.

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원형컵 디프 드로잉의 성형해석에 의한 공정설계 (New Design of Cylindrical Cup Deep Drawing by Forming Analysis)

  • 정완진;김종호;류제구
    • 소성∙가공
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    • 제12권7호
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    • pp.647-653
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    • 2003
  • A systematic approach for the process design in deep drawing is necessary to improve the quality of drawn cups. This study concentrates mainly on the influence of process design strategy on the product quality. Different types of process design were chosen from initial blank of 100mm in diameter to make final cup of 50mm in diameter. In order to make this cup, we used 2-stage deep drawing. Forming analyses are carried out to find out better design in terms of drawing force. It is proposed that the process design, in which maximum drawing forces during successive operations are equal, is a more desirable one. Through experiment, it is found that the proposed case shows equivalent values in terms of maximum drawing force during successive operations in real process and can achieve the best product quality in terms of dimensional accuracy. Thus, it is shown that proposed design is very effective in the improvement of quality in drawn cups and may be extended to deep drawing with more stages.

온라인 게임 기업의 제품 다원화를 위한 제휴 전략 진화에 관한 연구 (The Study on Evolutionary Process of Online-Game Companies' Alliance Strategy for Product Diversification)

  • 장용호;정원조
    • 한국게임학회 논문지
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    • 제11권2호
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    • pp.57-68
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    • 2011
  • 본 연구는 새롭게 탄생한 온라인 게임 기업이 시장 성장주기(도입기-성장기-성숙기)에 따라 어떻게 다원화 전략을 행하여 왔는가를 자원기반이론과 진화이론의 관점에서 실증적 사례 분석을 통해 그 역사적 진행 과정을 체계적으로 분석하였다. 초기 온라인 게임 기업들은 진입 조건(장르, 기술력, 이용자특성)에 따라 다른 전략(기술역량기반, 서비스역량기반)을 통해 성장하였다. 이후 성장기에 이들 기업들은 제품 다원화를 위해 자원기반(기술기반전략, 서비스기반전략)에 따라 경로의존적 제휴 전략(보완적, 대체적 제휴)을 수행하여왔다. 그러나 성숙기에 이들 기업들은 기존 경로의존적 전략을 뛰어넘어 이용가능한 모든 자원 역량을 동원하는 통합 전략을 자연적으로 선택함으로서 시장 성장주기에 탄력적으로 적응하였다. 이러한 분석 결과는 진화이론과 자원기반이론을 복합적으로 적용하여 새롭게 탄생한 산업에서 시장의 단계별 성장주기에 따라 온라인 게임 기업의 제휴 전략 패턴이 어떻게 자기조직화 하고 있는지 분석함으로써 새로운 산업적, 정책적, 이론적 모델이 요구되고 있음을 제시하고 있다.

소비자 충성도 제고를 위한 중국 온라인 쇼핑몰의 차별화된 마케팅전략 수립에 관한 연구 (A Study on Establishing a Differentiated Marketing Strategy for Online Shopping Malls in China to Improve Customer Loyalty)

  • 모우총;김형태
    • 산업경영시스템학회지
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    • 제43권2호
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    • pp.87-97
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    • 2020
  • The purpose of this study is to suggest the characteristics of online shopping malls and find a way to establish a differentiated marketing Strategy for online shopping malls in China. This study investigated the effect on the loyalty by applying the perceived shopping value (Hedonic Value, Utilitarian Value) of consumers in online shopping malls. In addition, In order to grasp the factors affecting consumer loyalty in online shopping malls, the characteristics of online shopping malls are multidimensional, consisting of product characteristics, recommended quality, benefit services, and community services. In order to obtain the purpose of the study, a questionnaire was surveyed for chinese online shopping experience and the research model was verified through empirical analysis method. Statistical analysis program was used together with SPSS 24.0 and AMOSS 24.0. Looking at the results of the analysis, firstly, the recommended quality and benefit service of online shopping malls are positive for the perceived hedonic value of consumers. The product characteristics and community service were found to have no effect on the hedonic shopping value. Secondly, the product characteristics, recommended quality, benefit service, and community service of online shopping malls on the utilitrian value perceived by consumers were positively affected. Thirdly, the perceived hedonic value has a positive effect on loyalty. Finally, it was confirmed that perceived utilitrian value affects loyalty. Based on the results of this study, a differentiated marketing strategy was established for existing chinese online shopping mall operators and potential new operators as well.

한국그런포스펌프 (주): 마케팅활동의 현지화 및 차별화 (Grundfos Pumps Korea Inc.: Localization and Differentiation)

  • 박성연;이홍재;주영혁
    • Asia Marketing Journal
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    • 제8권3호
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    • pp.101-121
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    • 2006
  • 본 사례는 덴마크에 본부를 두고 있는 다국적 기업인 그런포스 그룹이 산업재 펌프시장의 후발업체로 한국시장에 진출하여 현지화 및 차별화 마케팅 활동을 통해 한국 펌프 시장에서 선도적 지위를 획득하기까지의 성공적인 전략에 대해 분석하고 있다. 그런포스 그룹은 국제적인 제품 표준화와 더불어 자회사가 설립된 지역시장의 다양성을 인정하고 각 자회사에 충분한 재량권을 부여함으로써 현지 시장에 적합한 차별화된 판매 전략을 수립할 수 있도록 하였으며, 특히 본 사례가 다루고 있는 한국그런포스펌프(주)는 그런포스 그룹의 현지법인 중 가장 짧은 시간에 성공적 현지화를 이루어낸 모범사례로 주목받고 있다. 한국그런포스펌프(주)는 첫째, 고 품질과 일관성 있는 가격 정책으로 제품에 대한 신뢰를 획득하여 후발주자의 한계를 극복하고, 지속적인 신제품 아이디어로 시장 확대를 이루어 왔으며 둘째, 제품 차별화 뿐 아니라 브랜드 차별화를 통해 산업재 시장에서 이례적이라고 할 수 있는 높은 브랜드 인지도를 구축하였고, 이를 위하여 다양한 유형의 고객집단을 대상으로 창의적인 마케팅 활동을 실시하였다. 본 사례는 특히 한국그런포스펌프(주)의 브랜드 자산 구축 및 고객관계 관리를 위한 차별적 마케팅 활동에 초점을 맞추고 있다.

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