Physical
AvailableTechnology Adoption Lifecycle: Moore introduces the concept of the technology adoption lifecycle, which includes different groups of consumers - innovators, early adopters, early majority, late majority, and laggards. The chasm represents the gap between early adopters and the early majority.
Chasm Dynamics: The transition from early adopters to the early majority is a critical and often challenging phase. This is known as crossing the chasm. Different marketing strategies are required for each phase of the adoption lifecycle.
Visionaries vs. Pragmatists: Visionaries (early adopters) are open to new and unproven technologies, while pragmatists (early majority) require more practical and proven solutions. Crossing the chasm involves addressing the concerns and needs of pragmatists.
Whole Product Concept: The concept of the "whole product" is emphasized, which goes beyond the core product to include all the elements necessary for a customer to achieve value from the innovation, such as support, documentation, and complementary products.
Beachhead Market: Moore suggests focusing on a specific niche or "beachhead" market to initially gain a strong foothold. This allows the company to establish a base of satisfied customers before expanding to broader markets.
Positioning and Messaging: Clear and compelling positioning and messaging are crucial for successfully crossing the chasm. Companies need to tailor their communication to address the specific concerns and needs of the early majority.
Tornado Phase: After successfully crossing the chasm, innovations may experience rapid and widespread adoption, known as the "tornado" phase. Companies need to be prepared for this accelerated growth.
Main Street: The ultimate goal is to reach "Main Street" and achieve mass-market adoption. This involves addressing the needs of the late majority and laggards by providing a mature and well-established solution.
Market Development Strategy: Moore outlines a pragmatic market development strategy that involves creating a reference market, securing a beachhead, dominating a vertical segment, and expanding horizontally.
Continuous Innovation: To maintain market leadership, companies must continue to innovate and stay ahead of competitors. The market evolves, and successful companies adapt their strategies and products accordingly.
Language | English |
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ISBN-10 | 0060517123 |
ISBN-13 | 9780060517120 |
No of pages | 227 |
Font Size | Medium |
Book Publisher | Collins Business Essentials |
Published Date | 25 Jul 2006 |
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Here is the bestselling guide that created a new game plan for marketing in high-tech industries. Crossing the Chasm has become the bible for bringing cutting-edge products to progressively larger markets. This edition provides new insights into the realities of high-tech marketing, with special emphasis on the Internet. It's essential reading for anyone with a stake in the world's most exciting marketplace.