The New Innovation Bell Curve
The old model of innovation is dead…and a new model has emerged.
For months now, I have been writing about the Innovation Bell Curve. If you read between the lines, you quickly realize that it is no longer a bell curve but rather more of a bimodal distribution.
Therefore I have re-drawn my frequently used graphic and replaced it with the new innovation bell curve.
The Value Brands are rapidly improving their quality to the point where they are displacing mid-market brands. And, with the tough economic times, mid-market buyers are seeking greater value and shifting to the left, exacerbating this impact. Premium Brands remain differentiated (albeit sometimes niched) and always appeal to high-end, more sophisticated consumers. As the recession lingers on, these premium brands now offer lower cost versions of their products, further squishing the mid-market.
If you have not done so, please read all of my articles on the Innovation Bell Curve.
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[...] my previous article on the “innovation bell curve,” I introduced the new bi-modal innovation curve. Yesterday I gave a speech for Babson College MBA students. One of the attendees asked how this [...]
[...] a previous blog entry on the innovation bell curve, I presented a bimodal distribution curve rather than a bell curve. I did this because I wanted [...]