Marketing Factoids

  • Fewer than 10% of the London Financial Times Stock Exchange Index companies have marketing directors on their boards source ›
  • Of those people that recently made consumer electronics purchases in a store, 80 percent visited the store's website first. - Nielsen Online survey source ›
  • V users watch more TV than before (127 hrs, 15 min per month) and also spend 9 percent more time using the internet (26 hrs, 26 min per month) than they did last year source ›
  • more factoids ›
NOV 2007

Where Designers Rule

Electronics maker Bang & Olufsen doesn't ask shoppers what they want. Its faith is in its design gurus

BusinessWeek, November 5, 2007 — Torsten Valeur, one of Bang & Olufsen's top designers, sits in a windowless room in Gumi, South Korea, staring dumbfounded at a group of Samsung Electronics engineers and thinks, "Oh, s---." Valeur is designing a new high-end cell phone for B&O, the Danish company known for its cutting-edge consumer electronics, and Samsung, a partner providing mobile-phone technology. Valeur, here for a routine three-day product-update meeting, has just received terrible news. Without telling him, the Samsung engineers changed the screen on his phone from 2.1 inches to 2 in. Why? Because 2-in. screens are standard, and that's what is in stock. Worse, they've gone ahead and ordered thousands

Category: Innovation

Add Your Comment

(required)
(required)



(to prevent comment spam)
 


Any HTML in your comment will be removed upon submission. All comments are moderated, and it may take up to 24 hours for your submission to be approved and published. The BackPocket editors reserve the right to edit or remove comments at any time and for any reason.