Ideation and Innovation

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Innovation can take many forms. Whether innovation involves creating a new consumer product or service, an innovative business model or your innovation is simply a new way of doing business, innovations fuel competitive advantage for your organization that helps you stand out to consumers. Innovation also helps build a stronger economy that makes things better [...]

Listen to Consumers: Consumer Innovation For Your Next MagaProduct

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Innovation is expensive and risky — and the US is falling seriously behind emerging economies in China and Israel in developing innovations.  In a post last year, I discussed how low levels of innovation hurt American businesses and the US Economy. Consumer Innovation to Solve Consumer Problems Yet American consumers create 1000′s of innovations every [...]

Innovation and Entrepreneurship Need Effective Marketing, Not Just Money

Secretary Locke discussed innovation and entrepreneurship

Although finance and investing seem to be the darlings of federal efforts to spur innovation and entrepreneurship in the US, marketing deserves a seat at the table.

The Future of Social Media Marketing: Geolocation and Crowdsourcing

However, crowdsourcing and geolocation can have a more meaningful impact, such as during the Haitian earthquake when most maps became obsolete overnight. Here aid workers crowdsourced locations of aid stations, medical stations, and to coordinate volunteers with those in need.

How to Measure Marketing ROI

No one wants to throw money down the drain, so measuring ROI (return on investment) is an important way to ensure you get value for the money your business spends.

Week in Review: What’s Ahead

Next week I plan a series of posts on measuring ROI and using other elements of a marketing dashboard in strengthening marketing strategies. As always, your comments and suggestions are valued. If you have suggestions for topics, I’d love to hear them. I also encourage you to post links to other discussions of topics related to posts.

How to Use Social Media in Your Innovation Strategy

Listening to Social Media conversations not only helps you manage your online reputation, it can be invaluable in informing development of new products and modifications to existing ones.

How to Use Service Blueprints to Maximize Innovation Returns

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Service blueprints are a customer-focused process for visualizing what factors are necessary to produce superior service, how superior service will be performed, and how to create optimal experiences for consumers.

Is Innovation the Key to Recovery?

Although not directly responsible for the financial meltdown, lack of innovation appears to have at least compounded an otherwise difficult situation and, according to some, to be a significant symptom of a more generalized problem resulting in this crisis.

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