| |
And
it is no wonder that there should be many cases whereby certain
project managers are more tempted by hype than hard facts. Hence
the well known vapourware effect.
Key
Success Factors of Marketng projects
I will not expatiate on how
to make successful vapourware; there seems to be way too much
of it already, even in the news, although we may say that journalists
tend to be more cautious these days than they were before 2001.
To a certain extent, we may even consider that vapourware is at
the forefront of the late Internet bubble. There is yet another
recent example with the deployment of public wi-fi hotspots which
triggered many a comment but not all of them very relevant. Most certainly,
wi-fi is now looked at as a stable technology and wi-fi hotspots
will certainly trigger the development of mobility on a large
scale; hotspots may even be able to generate revenues in the long
run if they target market niches made of intensive users on the
move. They are also playing a key-role in the development of DSL
in remoter areas. Having said that, the vast majority of the current
wi-fi hotspot market may not be aimed at the consumer market;
and quite a few business plans would have to be revised, mainly
when they are based on questionable analyses. Regarding the starbucks
initiative in the United States, much has already been said on
the vapourware it has generated, mainly when it came to present
the numbers. Glaziou & Doucet’s vision is the following: “the
starbucks numbers, as found in the Washington Post,
mention that 25,000 people use their hotspots every week. This
seems to be a very good number but in fact, it is very small when
we compare it to the regular 22 million weekly starbucks clients
overseas.The article mentions how satisfied
some of these clients are though, namely all these soho users
who appreciate the ability to continue working in a different
environment”. The fact is that this
number is really weak because in fact, it means that the average
connection rate is 1.55 per starbucks coffee-shop per day. ADP
Telecom’s
Head of wi-fi operations JH d’Ussel gave us explanations as to
what the drivers could be for a wi-fi hotspot point of sales operator:
- Convey a progressive image (potential revenues
being too low to help a hotspot become an end in itself),
- Promote existing services and cross-sell
new services,
- Generate wi-fi-centric revenues (too early
stages in his mind).
By the way, Ussel confirms
that the average hotspot connection rate is akin to that of starbucks
coffee-houses. Innovation-based markets are subject to positive
or negative accelerators imposed by the pressure which is applied
to the media. WAP technology is yet another good example of such
a principle: 1999-2000 was the period where WAP hype was at its
highest and subsequently was pointed out as the root of all evils
– a little hastily perhaps –surrounding the Internet bubble. In
2004, now that we have all had time to get over it and take a
bit of hindsight regarding this period, WAP is now considered
as a key technology in its own right, thanks to the introduction
of new generation mobile phones and the broadening of mobile data
bandwidth. This
is why we believe one had better think twice before claiming that
a new technology is doomed to failure, namely when it’s a matter
of availability of the right kind of access terminals. ICT marketeers
must therefore be able to decode and analyse the right sources
of information in order to be able to detect which are the real
best practices. This is one of the most crucial parts of an ICT
marketeer’s job, i.e. to use his or her intuition to analyse markets and the potential for
new services and/or products, and possibly discard these projects
which he believes do not match his or her objectives, whether
it be about improving image or maximising revenues.
In certain cases, ICT marketeer
had rather opt for more mature technologies to crop up before
they start marketing such new services in the field. Indeed, very
often, ICT market pioneers fail to deliver in the long run and
being a pioneer does not buy you a place as a winner; at least,
not always. This is one of the things that make R&D and marketing
so different in essence. In any case, however good at understanding
and predicting markets, ICT marketeers have to remain humble and
cautious, because situations change very rapidly in such a chaotic
environment.
|
|