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Innovation Management Redone
Innovation Management Redone
In the case of the Ben and Jerrys, the company had launched a
campaign My Ben and Jerrys inviting customers to contribute new
product ideas (pre-packaged ice cream) on its social media pages
combined with television (Sawhney, Verona and Prandelli, 2005) which
led to a peak engagement rate of 15.2 per cent on Twitter as well
as 61 per cent increase in mentions on social media when combined
with television (Biz.twitter.com, 2013).
Similarly, LEGO Group was successful in selling half of the initial run of
LEGO Architecture sets in the first ten days (Hunter, 2015). It
generated approximately $50 million worth of PR coverage and
attained high customer satisfaction levels with a repurchase intent
of up to 90 per cent (Naldal, 2011).
Disadvantages
Lead users fail to represent the majority of the diverse user population,
hence innovations are narrowly focused (Antorini and Muniz Jr., 2013).