M.Comm / High-technology marketing is different to consumer marketing in that with consumer marketing a number of different rules apply. The complexity , cost , and risk of technology products makes them fundamentally different from consumer products, and marketing practices are usually different as well. ( McKenna, 1991 : 218) Consumer marketing of continuous innovations refers to the normal upgrading of products that does not require the consumer to change behaviour. Between continuous and discontinuous products lies a spectrum of demands for change. When a marketplace is confronted with the opportunity to switch to a new infrastructure paradigm- customers self-segregate along an axis of risk aversion. With high-technology marketing the prospective buyer is attracted by the value of the high-technology product, but fears it may not work, is uncertain about the solution and doubt the validity of the solution - referred to as the FUD —factor ( fear ; uncertainty ; doubt ) ( Wiefels , 1998: 7 ) . Truly discontinuous innovations are new products or services that require the end user and the marketplace to dramatically change their past behavior , with the promise of gaining equally dramatic new benefits. Discontinuous products require customers to change their current mode of behaviour or to modify other products and services that they rely on.
| Identifer | oai:union.ndltd.org:netd.ac.za/oai:union.ndltd.org:uj/uj:3382 |
| Date | 28 August 2012 |
| Creators | Koekemoer, Johannes Frederik |
| Source Sets | South African National ETD Portal |
| Detected Language | English |
| Type | Thesis |
Page generated in 0.0023 seconds