This is a great topic and it explains the the concept of Value creation in a commercial/non commercial enterprise in a beautiful way.
Actually these days with big data analytic and 3D printing available.Concept of value creation can be applied in real time for all product and services.
Ask the customer what exactly he wants from a product/service and with big data analytic you will be able to find out many value addition concepts for individual customer , which even customer is not able to spell it out to you directly..
Basic idea is that in future value addition will come through personalized products and services .Mass product and services will also be needed but they will not produce the same value addition for individual customer and hence you will not be able to make customer pay extra for these mass product/services.
Hence bottom line is that future is for personalized products/services for each individual customers by taking help of big data analytic / 3D printing and customer will pay you extra for these personalized products/services.
No comments:
Post a Comment