New devices increase their value by piggybacking off of common tech products
Implications - Considering the relative cost of new devices for consumers, it can be difficult to motivate consumers to make purchases. Clever tech producers have thus created highly functional, yet inexpensive products by harnessing the power of devices consumers already own. Extending this concept, upstart brands that leverage a knowledge of consumers' industry-specific purchases can deliver quality, affordable products.
Homework Question - Brainstorm a product that functions through the use of a common item your target consumer already owns. [More]
Homework Question - Brainstorm a product that functions through the use of a common item your target consumer already owns. [More]
