Thomas Howe's presentation at eComm 2008

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    Thomas Howe's presentation at eComm 2008 - Presentation Transcript

    1. Paprika : Voice is a Spice
      • Thomas S. McCarthy-Howe
    2. World Wide Paprika Incorporated
    3. Hard Times in the Paprika Game
      • 2 Billion Dollar US Market for Spices and Seasoning, but it’s not growing
      • Falling paprika prices (ARPU), hard to differentiate between offerings, hard to brand
      • Big iron cycle is taking full effect...
      • No barriers to entry, increased competition
      • We have to find a way to compete, some way to move our product forward.... we must innovate... enhance our offering...
    4. Voice is Simply a Commodity
      • Oil, corn, paprika, soybeans, oats, ethanol, wheat, rice, steel
      • Commodities increase their value from being generic
        • Chicago Board of Trade Grade A Corn
      • Our attempts to enhance voice diminish that value
      • People simply don’t want different voice experiences
        • Surprise is bad with commodities .
      • Is there anything that works? Are we doomed?
    5. How do we grow our market?
      • We have a role model... corn
      • Corn is currently $4.00 a bushel, about the same price as 1910
      • Yet corn production in the last 100 years is through the roof
        • And far outpaces population growth
      • Nobody enhances the end product, or even tries
        • Nearly all improvements are on yield, disease resistance
    6. We don’t rule corn. It rules us.
    7. What should we do?
      • Accept our role as a commodity
      • Make it a mission to make voice easy to integrate
      • Resist innovation of our end product
      • Encourage innovation in the production of our end product
      • 90% of us need to find ways of using voice, not creating it
        • We need less farmers, we need more cooks
    8. How would you use voice?
    9. Any way you want.
    10. An eComm 2008 presentation – http://eCommMedia.com for more

    + eComm2008eComm2008, 2 years ago

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