Co-creation presentation at Flevum Open Innovation Experience 2009

31
Flevum Open Innovation Experience 6th October 2009 Co-creation: Fear for the crowd or make use of the power of the crowd? [email protected] +316-51916237

description

Co-creation presentation about co-creation specific strategies, at Flevum Open Innovation Experience at 6 October 2009

Transcript of Co-creation presentation at Flevum Open Innovation Experience 2009

Page 1: Co-creation presentation at Flevum Open Innovation Experience 2009

Flevum Open Innovation Experience6th October 2009

Co-creation: Fear for the crowd ormake use of the power of the crowd?

[email protected]+316-51916237

Page 2: Co-creation presentation at Flevum Open Innovation Experience 2009

Co-creation presentation

Co-creation

Co-creation specific strategy

Examples

1

2

3

Page 3: Co-creation presentation at Flevum Open Innovation Experience 2009

1

2

3

Co-creation

Co-creation specific strategy

Examples

Co-creation presentation

Page 4: Co-creation presentation at Flevum Open Innovation Experience 2009

Co-creation:Develop and improve products

& services together with•Users & customers

•Consumers•Companies

•Experts

Prahalad Howe

Von HippelTapscott

Page 5: Co-creation presentation at Flevum Open Innovation Experience 2009

Concept Development Testing Use

CO

-CR

EATI

ON

Co-creation as enabler of marketing & innovation objectives

•New products•Market share

•PR

OB

JEC

TIVE

•Loyality•PR

•Cost savings•PR

ideas Expertise Capacity ideas & support

32 321

Page 6: Co-creation presentation at Flevum Open Innovation Experience 2009

Basics ofCo-creation:

The crowd (almost) always

knows better

Page 7: Co-creation presentation at Flevum Open Innovation Experience 2009

Consumers areempowered

Page 8: Co-creation presentation at Flevum Open Innovation Experience 2009

Text

Web 2.0: Power ofmedia increases

Page 9: Co-creation presentation at Flevum Open Innovation Experience 2009

User Generated Content

Page 10: Co-creation presentation at Flevum Open Innovation Experience 2009

Consumers are networked

Page 11: Co-creation presentation at Flevum Open Innovation Experience 2009

The crowd as a threat..?

32 321

Page 12: Co-creation presentation at Flevum Open Innovation Experience 2009

32 321

The crowd as a threat..?

Page 13: Co-creation presentation at Flevum Open Innovation Experience 2009
Page 14: Co-creation presentation at Flevum Open Innovation Experience 2009

Or as an opportunity!

Dell IdeaStorm (B2C) (2007)•9.000 members

•11.000 ideas (300 p/m)•84.000 comments (80/20)

•650.000 votes•1-5% of ideas is usable

•Costs: 2 FTE mgt + €150-300k•Advantage: less support, cost savings, ideas, loyalty

Page 15: Co-creation presentation at Flevum Open Innovation Experience 2009

Co-creation happens anyhow!

But how can you indicate it to the right direction, and make use

of co-creation?

Page 16: Co-creation presentation at Flevum Open Innovation Experience 2009

1

2

3

Co-creation presentation

Co-creation

Co-creation specific strategy

Examples

Page 17: Co-creation presentation at Flevum Open Innovation Experience 2009

Prevent a deadcommunity or

negative PR

Page 18: Co-creation presentation at Flevum Open Innovation Experience 2009

“Wollig 'enerzijds-anderzijds' verhaal. “…..

“WTF is social tagging: spreek je moerstaal!)? Kinnesinne?”

…..

“What are the most promising cases?”

Co-creation with userscan be vulnerable

Page 19: Co-creation presentation at Flevum Open Innovation Experience 2009

Important questions

1. Which marketing & innovation objectives must be reached?

2. Co-creation in what part of the innovation process?

3. What expertise do you need?

4. Which target groups needs to be involved?

5. How can the target group be motivated?

6. What departments and persons in the organization must be involved?

7. What co-creation specific functionality is needed?

8. What platform is most suitable?

Strategies differ per objective

321

Page 20: Co-creation presentation at Flevum Open Innovation Experience 2009

Mass audience

Pro-Amateur

Experts

● ●

Per phase expertise, target groups and needs are different

GrootteExpertise

Concept Development Testing Use

Page 21: Co-creation presentation at Flevum Open Innovation Experience 2009

?

Involvement of the right departments & personsis of huge importance

•Marketing & communication•Innovation•Developers

•MT

Page 22: Co-creation presentation at Flevum Open Innovation Experience 2009

1

2

3

Co-creation presentation

Co-creation

Co-creation specific strategy

Examples

Page 23: Co-creation presentation at Flevum Open Innovation Experience 2009

Mass audience

Pro-Amateur

Experts

External& open

Internal, own management& control

Platforms per target group

(offline & online)

321

Page 24: Co-creation presentation at Flevum Open Innovation Experience 2009

•Consumers can upload their designs•3000+ designs per week

•Costs: 12 FTE•Advantages:

- Customers 2,5 million LEGO fans- Animation & computer games

-Magazines & LEGO WORLD with 70.000 visitors-Because of community more mature users

From decreasing revenue to fast growing turnover and

2,5 million fans

Page 25: Co-creation presentation at Flevum Open Innovation Experience 2009

•Focus on professional partners and users•Development of applications

•1.000 ‘normal’ users•Costs: 12 FTE

•Advantages: 2 new apps per month

Page 26: Co-creation presentation at Flevum Open Innovation Experience 2009

On demand & closed

•Focus on young professionals and students•5.000 registrations•€5.000 per battle

•Until now 70 battles•On average 50 ideas per battle

Page 27: Co-creation presentation at Flevum Open Innovation Experience 2009

Source: Alumniblad TUDelft

Page 28: Co-creation presentation at Flevum Open Innovation Experience 2009

Completely open

321

•Objective: efficiency, knowledge development and sharing

•530 festival program tips•900 tips via social media

•40 participants on the Open Festival model•A lot of positive feedback

Page 29: Co-creation presentation at Flevum Open Innovation Experience 2009

Mass audience

Pro-Amateur

Experts

Platforms per target group

(offline & online)

321

External& open

Internal, own management& control

Page 30: Co-creation presentation at Flevum Open Innovation Experience 2009

Conclusions

• Go & experiment with co-creation

• Develop a co-creation specific strategy

• Listen seriously to customers & users!

Page 31: Co-creation presentation at Flevum Open Innovation Experience 2009

Thanks for yourattention

Questions:[email protected]

+316 51916237