SlideShare a Scribd company logo
1 of 15
Leila Jett, Logan George, Jessica Callaghan,
Shaquela Russ, Kaizsa Grant and Katelyn
Harvey
ComfortTemp
INTRODUCTION
 Safety/Comfort
 Technology used in cars
today
 Older cars not fit for
comfort
4 ACTION FRAMEWORK
Factors that have been competed on:
•Comfort
•Convenience
•Safety
•Easy to use
4 ACTION FRAMEWORK
Offerings overdesigned to beat competition:
Style of seat
Companies tend to not over serve, what you pay for is
what you get.
What factors should be raised well above
industry standards?
Safety
Move from a 5pt, 6pt harness system to a 7pt harness
system.
4 ACTION FRAMEWORK
What offering or service has never been offered
before?
1.Climate control seats.
2.Keeps baby, or child in perfect comfort at all times
3.Has built in digital thermometer
RECONSTRUCTED MARKET
BOUNDRIES
 Path 1: Look across
alternative industries
 Path 2: Look across
strategic groups
 Path 3: Look across buyer
groups
RECONSTRUCTED MARKET
BOUNDRIES
 Path 4: look across complementary product and
service offerings
 Path 5: Look across functional or emotional appeal
to buyers
 Path 6: Look across time
BIG PICTURE / GOAL
Take ComfortTemp
technology and apply to more
than just car seats.
First the car seat.
Second move to the stroller.
Third move to bedding.
BLUE OCEAN REACH BEYOND
DEMAND
Three Tiers
Soon-to-be non-customers
Ex- Shop at the lowest priced store
Refusing non-customers
Ex- Loyal to another brand
Unexplored non-customers
Ex- people who do not buy baby products
BLUE OCEAN REACH BEYOND
DEMAND
Three Tiers
Soon-to-be non-customers
Ex- Our products are safe, valuable, reliable,
and quality.
Refusing non-customers
Ex- Be apart of our family.
Unexplored non-customers.
Ex- perfect gift for friends and relatives.
HURDLES
 Cognitive Hurdle
 Making people aware of the need for a strategic shift and to
agree on its causes
 Resource Hurdle
 limited resources questions if a company can use fewer
resources to accomplish their goals, or have the money to spend
on necessary changes.
 Motivational Hurdle
 Alert employees to the need for a strategic shift and identify how
it can be achieved with limited resources.
 Political Hurdle
 Focus on Leveraging Angels, Silencing Devils & Getting a Consigliere
STRATEGIC SEQUENCING
Cost:
$200 profit
Material and technology
Price:
Avg. price $250
Our price$400
Buyer Utility:
It is unlike anything
made. It is realistic to have.
Adoption:
Safety
Affordability
BUILD EXECUTION INTO
STRATEGY
 Building trust
 Graco established over 60 years
 Trial on current employees
 Test group
 Commercial on safety and testing
 All in One and Infant
VALUE PROFIT AND PEOPLE
 Cost of technology
 Overall profit
 Mothers, grandparents and
friends
RED OCEAN TRAP
Trap #1
Misconception that Comfort Temp is about new
technology.
Trap #2
Graco created Comfort Temp, so Graco has to be first to
the market.
Trap #3
Pretending that Comfort Temp will have no flaws.

More Related Content

Similar to ComfortTemp car seats apply climate control technology beyond vehicles

brick+river+messaging+guide.pdf
brick+river+messaging+guide.pdfbrick+river+messaging+guide.pdf
brick+river+messaging+guide.pdfGordonShumway5
 
Buy Build or Partner: Choosing the right inovation Strategy
Buy Build or Partner: Choosing the right inovation StrategyBuy Build or Partner: Choosing the right inovation Strategy
Buy Build or Partner: Choosing the right inovation StrategyEgress Solutions
 
How to make product decisions?
How to make product decisions?How to make product decisions?
How to make product decisions?Nitin T Bhat
 
From good to great product ownership
From good to great product ownershipFrom good to great product ownership
From good to great product ownershipDave Sharrock
 
Secure-Kiwi Business Powerpoint.pptx
Secure-Kiwi Business Powerpoint.pptxSecure-Kiwi Business Powerpoint.pptx
Secure-Kiwi Business Powerpoint.pptxPhoenixEzekiela1
 
Process design focuses on.pdf
 Process design focuses on.pdf Process design focuses on.pdf
Process design focuses on.pdfaludin007
 
Lecture 8 Resources and Costs.pptx
Lecture 8 Resources and Costs.pptxLecture 8 Resources and Costs.pptx
Lecture 8 Resources and Costs.pptxGelmelinaLeaLepitenH
 
Coatings Industry Succession Planning Webinar
Coatings Industry Succession Planning WebinarCoatings Industry Succession Planning Webinar
Coatings Industry Succession Planning WebinarNicola James
 
The Better Approach to Succession Planning - MITBA CEO Conference 2011
The Better Approach to Succession Planning - MITBA CEO Conference 2011The Better Approach to Succession Planning - MITBA CEO Conference 2011
The Better Approach to Succession Planning - MITBA CEO Conference 2011Kenny Ong
 
Agile & Beyond - Organically Scaled Agile: Creating a CLEAR Enterprise Portfolio
Agile & Beyond - Organically Scaled Agile: Creating a CLEAR Enterprise PortfolioAgile & Beyond - Organically Scaled Agile: Creating a CLEAR Enterprise Portfolio
Agile & Beyond - Organically Scaled Agile: Creating a CLEAR Enterprise Portfoliorntwoods
 
Make Every Touchpoint Count: How to Drive Revenue in an Increasingly Online W...
Make Every Touchpoint Count: How to Drive Revenue in an Increasingly Online W...Make Every Touchpoint Count: How to Drive Revenue in an Increasingly Online W...
Make Every Touchpoint Count: How to Drive Revenue in an Increasingly Online W...Optimizely
 
How a 360 Degree Competitive IQ Drives Healthcare Services Marketing
How a 360 Degree Competitive IQ Drives Healthcare Services MarketingHow a 360 Degree Competitive IQ Drives Healthcare Services Marketing
How a 360 Degree Competitive IQ Drives Healthcare Services MarketingIntelCollab.com
 
Steps To Devise Impactful Core Product Strategies Powerpoint Presentation Slides
Steps To Devise Impactful Core Product Strategies Powerpoint Presentation SlidesSteps To Devise Impactful Core Product Strategies Powerpoint Presentation Slides
Steps To Devise Impactful Core Product Strategies Powerpoint Presentation SlidesSlideTeam
 
Digital Disruption -> The New Reality: Acronis Keynote_20.11.14
Digital Disruption -> The New Reality: Acronis Keynote_20.11.14Digital Disruption -> The New Reality: Acronis Keynote_20.11.14
Digital Disruption -> The New Reality: Acronis Keynote_20.11.14SalesChannel International
 
Ms Tour Em Presentation Feb3
Ms Tour Em Presentation Feb3Ms Tour Em Presentation Feb3
Ms Tour Em Presentation Feb3FNian
 
Presentation 3 of 4
Presentation 3 of 4 Presentation 3 of 4
Presentation 3 of 4 Brian Hawkins
 

Similar to ComfortTemp car seats apply climate control technology beyond vehicles (20)

brick+river+messaging+guide.pdf
brick+river+messaging+guide.pdfbrick+river+messaging+guide.pdf
brick+river+messaging+guide.pdf
 
Buy Build or Partner: Choosing the right inovation Strategy
Buy Build or Partner: Choosing the right inovation StrategyBuy Build or Partner: Choosing the right inovation Strategy
Buy Build or Partner: Choosing the right inovation Strategy
 
How to make product decisions?
How to make product decisions?How to make product decisions?
How to make product decisions?
 
Emerging Trends in Business Strategy Dr.Kabaly P Subramanian - Part-1
Emerging Trends in Business Strategy Dr.Kabaly P Subramanian - Part-1Emerging Trends in Business Strategy Dr.Kabaly P Subramanian - Part-1
Emerging Trends in Business Strategy Dr.Kabaly P Subramanian - Part-1
 
From good to great product ownership
From good to great product ownershipFrom good to great product ownership
From good to great product ownership
 
Secure-Kiwi Business Powerpoint.pptx
Secure-Kiwi Business Powerpoint.pptxSecure-Kiwi Business Powerpoint.pptx
Secure-Kiwi Business Powerpoint.pptx
 
Process design focuses on.pdf
 Process design focuses on.pdf Process design focuses on.pdf
Process design focuses on.pdf
 
Strategic mangement
Strategic mangementStrategic mangement
Strategic mangement
 
Lecture 8 Resources and Costs.pptx
Lecture 8 Resources and Costs.pptxLecture 8 Resources and Costs.pptx
Lecture 8 Resources and Costs.pptx
 
Coatings Industry Succession Planning Webinar
Coatings Industry Succession Planning WebinarCoatings Industry Succession Planning Webinar
Coatings Industry Succession Planning Webinar
 
The Better Approach to Succession Planning - MITBA CEO Conference 2011
The Better Approach to Succession Planning - MITBA CEO Conference 2011The Better Approach to Succession Planning - MITBA CEO Conference 2011
The Better Approach to Succession Planning - MITBA CEO Conference 2011
 
Agile & Beyond - Organically Scaled Agile: Creating a CLEAR Enterprise Portfolio
Agile & Beyond - Organically Scaled Agile: Creating a CLEAR Enterprise PortfolioAgile & Beyond - Organically Scaled Agile: Creating a CLEAR Enterprise Portfolio
Agile & Beyond - Organically Scaled Agile: Creating a CLEAR Enterprise Portfolio
 
Make Every Touchpoint Count: How to Drive Revenue in an Increasingly Online W...
Make Every Touchpoint Count: How to Drive Revenue in an Increasingly Online W...Make Every Touchpoint Count: How to Drive Revenue in an Increasingly Online W...
Make Every Touchpoint Count: How to Drive Revenue in an Increasingly Online W...
 
How a 360 Degree Competitive IQ Drives Healthcare Services Marketing
How a 360 Degree Competitive IQ Drives Healthcare Services MarketingHow a 360 Degree Competitive IQ Drives Healthcare Services Marketing
How a 360 Degree Competitive IQ Drives Healthcare Services Marketing
 
Steps To Devise Impactful Core Product Strategies Powerpoint Presentation Slides
Steps To Devise Impactful Core Product Strategies Powerpoint Presentation SlidesSteps To Devise Impactful Core Product Strategies Powerpoint Presentation Slides
Steps To Devise Impactful Core Product Strategies Powerpoint Presentation Slides
 
Why get an aipmm certification
Why get an aipmm certificationWhy get an aipmm certification
Why get an aipmm certification
 
Digital Disruption -> The New Reality: Acronis Keynote_20.11.14
Digital Disruption -> The New Reality: Acronis Keynote_20.11.14Digital Disruption -> The New Reality: Acronis Keynote_20.11.14
Digital Disruption -> The New Reality: Acronis Keynote_20.11.14
 
Ms Tour Em Presentation Feb3
Ms Tour Em Presentation Feb3Ms Tour Em Presentation Feb3
Ms Tour Em Presentation Feb3
 
Presentation 3 of 4
Presentation 3 of 4 Presentation 3 of 4
Presentation 3 of 4
 
Six_Sigma.ppt
Six_Sigma.pptSix_Sigma.ppt
Six_Sigma.ppt
 

ComfortTemp car seats apply climate control technology beyond vehicles

  • 1. Leila Jett, Logan George, Jessica Callaghan, Shaquela Russ, Kaizsa Grant and Katelyn Harvey ComfortTemp
  • 2. INTRODUCTION  Safety/Comfort  Technology used in cars today  Older cars not fit for comfort
  • 3. 4 ACTION FRAMEWORK Factors that have been competed on: •Comfort •Convenience •Safety •Easy to use
  • 4. 4 ACTION FRAMEWORK Offerings overdesigned to beat competition: Style of seat Companies tend to not over serve, what you pay for is what you get. What factors should be raised well above industry standards? Safety Move from a 5pt, 6pt harness system to a 7pt harness system.
  • 5. 4 ACTION FRAMEWORK What offering or service has never been offered before? 1.Climate control seats. 2.Keeps baby, or child in perfect comfort at all times 3.Has built in digital thermometer
  • 6. RECONSTRUCTED MARKET BOUNDRIES  Path 1: Look across alternative industries  Path 2: Look across strategic groups  Path 3: Look across buyer groups
  • 7. RECONSTRUCTED MARKET BOUNDRIES  Path 4: look across complementary product and service offerings  Path 5: Look across functional or emotional appeal to buyers  Path 6: Look across time
  • 8. BIG PICTURE / GOAL Take ComfortTemp technology and apply to more than just car seats. First the car seat. Second move to the stroller. Third move to bedding.
  • 9. BLUE OCEAN REACH BEYOND DEMAND Three Tiers Soon-to-be non-customers Ex- Shop at the lowest priced store Refusing non-customers Ex- Loyal to another brand Unexplored non-customers Ex- people who do not buy baby products
  • 10. BLUE OCEAN REACH BEYOND DEMAND Three Tiers Soon-to-be non-customers Ex- Our products are safe, valuable, reliable, and quality. Refusing non-customers Ex- Be apart of our family. Unexplored non-customers. Ex- perfect gift for friends and relatives.
  • 11. HURDLES  Cognitive Hurdle  Making people aware of the need for a strategic shift and to agree on its causes  Resource Hurdle  limited resources questions if a company can use fewer resources to accomplish their goals, or have the money to spend on necessary changes.  Motivational Hurdle  Alert employees to the need for a strategic shift and identify how it can be achieved with limited resources.  Political Hurdle  Focus on Leveraging Angels, Silencing Devils & Getting a Consigliere
  • 12. STRATEGIC SEQUENCING Cost: $200 profit Material and technology Price: Avg. price $250 Our price$400 Buyer Utility: It is unlike anything made. It is realistic to have. Adoption: Safety Affordability
  • 13. BUILD EXECUTION INTO STRATEGY  Building trust  Graco established over 60 years  Trial on current employees  Test group  Commercial on safety and testing  All in One and Infant
  • 14. VALUE PROFIT AND PEOPLE  Cost of technology  Overall profit  Mothers, grandparents and friends
  • 15. RED OCEAN TRAP Trap #1 Misconception that Comfort Temp is about new technology. Trap #2 Graco created Comfort Temp, so Graco has to be first to the market. Trap #3 Pretending that Comfort Temp will have no flaws.

Editor's Notes

  1. JESSICA
  2. To reach beyond demand Graco has thought about possible non-customers. Three tiers of non-customers Soon to be Refusing Unexplored
  3. By reconstructing the three tiers in a different prospective will get Gracos non-customers to consider and/or buy Comfort Temp product Soon to be Show that our products are valuable, reliable, safe, and is quality. This product is worthy for your stay with Graco. Refusing Creating commercials and word of mouth can convince our refusing customers to join and be a part of our family. Show our loyalty to gain their loyalty. Unexplored create buzz and utilize commercials, digital media, and word of mouth to let those who don’t buy baby products or haven’t heard of us know that we are the best choice for them to buy Comfort Temp as a gift because we care about children’s safety.
  4. JESSICA