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Category Archives: Chapter 12: Developing New Products

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From All Access to +: Reimagining and Rebranding a Streaming Channel

28 Wednesday Oct 2020

Posted by grewallevymarketingnews in Chapter 12: Developing New Products

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CBS, Developing New Products, Paramount +

The new kid on the streaming block actually has been around for a while. With the merger of Viacom and …

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Supply, Demand, a Holiday Season, and a Pandemic: The Latest Moves in the Battle of the Gaming Consoles

20 Tuesday Oct 2020

Posted by grewallevymarketingnews in Chapter 02: Developing Marketing Strategies, Chapter 12: Developing New Products

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Developing New Products, Marketing Strategy, playstation, Xbox

Every few years, an estimated 2.7 billion people wait excitedly for the newest generation of video game consoles to be …

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A Foot Soldier in the Ongoing Chicken Wars

01 Tuesday Sep 2020

Posted by grewallevymarketingnews in Chapter 12: Developing New Products, Chapter 14: Pricing Concepts for Establishing Value

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Developing New Products, Pricing Concepts, Wendys

There was a time, in late 2019, when the phrase “chicken wars” was being used widely, and it had nothing …

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Are Traditional Gas Guzzlers the Future for the Electric Vehicle Market?

14 Tuesday Jul 2020

Posted by grewallevymarketingnews in Chapter 12: Developing New Products

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Developing New Products, Electric cars, electric vehicles

Although there are more electric vehicles (EVs) on the road today than ever before, the market remains somewhat limited, prompting …

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Nura: The Earphones that Sound Great to You, Because They’re Tailored to Your Ear

03 Friday Jul 2020

Posted by grewallevymarketingnews in Chapter 12: Developing New Products

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Developing New Products, Nura

Using a novel technology that monitors the acoustic emissions that people’s ears produce as they listen, Nura headphones and earphones …

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A Brave Innovation or a Stubborn Refusal to Gauge Consumer Preferences? The Saga of Automotive Fuel Cell Technology

21 Tuesday Apr 2020

Posted by grewallevymarketingnews in Chapter 05: Analyzing the Marketing Environment, Chapter 12: Developing New Products

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Developing New Products, Electric cars, Marketing Environment

Electric and hybrid cars have made great headway in the automotive market, such that they are no longer much of …

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A Lipstick Option for Those Who Dream of a Hermes Bag

03 Tuesday Mar 2020

Posted by grewallevymarketingnews in Chapter 01: Overview of Marketing, Chapter 12: Developing New Products

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Developing New Products, Hermes, Overview of Marketing

The ultra-luxury brand Hermès is known primarily for its extremely high priced handbags and scarves, luxury items that, by design, …

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BlackBerry: Once a Device Maker, Now a Funny Cybersecurity Firm

03 Monday Feb 2020

Posted by grewallevymarketingnews in Chapter 12: Developing New Products

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blackberry, cybersecurity, Developing New Products, humor

Once a favorite of corporate actors, BlackBerry phones and mobile devices were essentially run out of the market by the …

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The Power of a Handwritten Letter on Construction Paper: How Young Girls Are Making Their Consumption Demands Known and Thereby Changing Product Markets

14 Tuesday Jan 2020

Posted by grewallevymarketingnews in Chapter 12: Developing New Products, Chapter 19: Advertising, Public Relations and Sales Promotions

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Developing New Products, Products for girls, Public Relations

In a telling scene in an old episode of The Simpsons,  young Lisa complains, “It’s awful being a kid. No …

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Service Innovations for Seniors: Finding Ways to Enable Older Consumers to Experience Safe, Satisfactory Travel

21 Wednesday Aug 2019

Posted by Grewal Levy Marketing in Chapter 05: Analyzing the Marketing Environment, Chapter 12: Developing New Products

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safety, Service Innovation, travel

Lo-res_527771617-SAs consumer age, their needs change. In hospitality and travel sectors for example, studies show that older tourists need benches located more conveniently, to allow them to take breaks; signage at eye level, because they tend to pay attention to where they are walking rather than looking up to see directional signs attached to the ceiling; wider doorframes to accommodate walkers; and auditory surroundings and communications that work well with hearing aids instead of producing an uncomfortable frequency. As global populations grow increasingly older—people older than 60 years are predicted to account for 22 percent of the world’s population by 2020—such needs and demands are becoming more central to service providers’ strategies and designs.

In airports for example, designers are adding more directional signs to floors, to meet older travelers’ tendency to be looking at the floor as they walk. They also are moving away from highly polished, shiny floors, which can appear wet and raise concerns about slipping risks. Because many older customers prefer to go straight to their gate when flying, to avoid any worries about having to hurry through the airport to catch their flight, some destinations also are increasing the number of food and concessions stands located next to gates, rather than keeping them all in the central terminal.

Technology innovations also are changing the service offering for tourism companies. A novel system being tested in a few airports links to hearing aids and sends updated information directly to the devices, like having a guide right in their ears. Aira glasses available in the Seattle-Tacoma Airport establish a wifi link, such that remote guides can see what wearers see and help vision-impaired travelers navigate the often confusing and crowded terminals. At Tampa International Airport—where people 55 years and older account for approximately 40 percent of traffic—a recent redesign created more open spaces, reduced walking distances to gates, and included plans for where human service personnel could stand, so travelers could easily find help when they need it.

Redesigned servicescapes also are appearing in hotels, with innovations such as Marriott’s Studio Commons concept. These suites feature four bedrooms arranged around a common area, so multigenerational families can all stay together but still maintain some privacy. Other room features designed to appeal to older tourists encourage step-in showers instead of bathtubs, extra bright lighting, and power outlets at table level instead of floor level.

Even independent travel service providers are getting in on this trend. A snorkeling company offers a small submersible vehicle, staffed by a pilot, so that grandparents can ride along, participate, and observe the fun their grandchildren are having while snorkeling. An ice cream shop in Ireland that attracts many older tourists ordered new tables with heavier bases, so people could lean on the tabletop to help them stand, without worrying about the table tipping over. Thus the concessions and redesigns are varied, but they all seek a similar goal: Making travel services safe, appealing, and facilitative for seniors.

Discussion Questions:

  1. How might tourism industry service providers uncover other needs of older travelers to inspire further developments to their design strategies?
  2. What other industries might need to make similar modifications to appeal to and serve older consumers effectively?

 

Source: Julie Weed, “More Benches, Special Goggles: Taking Steps to Assist Older Travelers,” The New York Times, April 22, 2019

 

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Archived Articles by Chapter

  • Chapter 01: Overview of Marketing (81)
  • Chapter 02: Developing Marketing Strategies (152)
  • Chapter 03: Social and Mobile Marketing (176)
  • Chapter 04: Conscious Marketing, Corporate Social Responsibility, and Ethics (183)
  • Chapter 05: Analyzing the Marketing Environment (243)
  • Chapter 06: Consumer Behavior (204)
  • Chapter 07: Business-to-Business Marketing (91)
  • Chapter 08: Global Marketing (129)
  • Chapter 09: Segmentation, Targeting and Positioning (164)
  • Chapter 10: Marketing Research (109)
  • Chapter 11: Product Branding and Packaging Decisions (224)
  • Chapter 12: Developing New Products (197)
  • Chapter 13: Services: The Intangible Product (158)
  • Chapter 14: Pricing Concepts for Establishing Value (105)
  • Chapter 15: Strategic Pricing Concepts (109)
  • Chapter 16: Supply Chain Management (124)
  • Chapter 17: Retailing and Multichannel Marketing (222)
  • Chapter 18: Integrated Marketing Communications (172)
  • Chapter 19: Advertising, Public Relations and Sales Promotions (204)
  • Chapter 20: Personal Selling and Sales Management (65)
  • Marketing Tidbits (49)
  • Uncategorized (17)

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