E yeka 2011
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Transcript of E yeka 2011
Yochai BenklerYale University“The Wealth of Networks”
« The world is too fast, too complex & too networked for any company to have all the
answers inside »
The collaborative philosophy
P&G successfully adopted a Collaborative Innovation program
• P&G set up “Connect + Develop” in 2000 with the goal of reinventing its innovation model by opening it to the outside world
• Connect + Develop leverages several networks (scientists, technology experts, suppliers…)
• Today, more than 50% of all innovations at P&G involve outside-driven innovation (against 15% in 2000)
• See: http://www.pgconnectdevelop.com
How do you collaborate with consumers?
Source: Forrester Research, Social Technographics report
1% Creative consumers
9% Enthusiasts
90% SpectatorsValidate innovation opportunities
Unlock innovation opportunities
Not all consumers are created equal
Refine innovation opportunities
A scalable solution
China: 15,000
India: 5,000 SEA: 20,000
Australia: 2,500
Europe: 87,500
USA & Latin America: 15,000
eYeka is a community of 150,000 creative consumers in 91 countries
Middle-East &
Africa: 2,500
Japan &
Korea: 2,500
A scalable solution:
1. Business innovation need:Example of New Product Development from the FMCG industry
3. Innovative creative solution:Creative consumers submit entries in visual formats which are analyzed and leveraged as strategic recommendations
2. Innovative creative process:Articulate business need into a stimulating creative consumer brief and competition
A creative solution:
eYeka enables Brands to co-create together with Creative Consumers
3. R&D and Marketingdepartment assess feasibility &
viability of innovation2. Further refine insights-based innovationwith brand enthusiasts on digital platforms
1. Unlock insights-based innovation opportunities
through strategic analysis of creative consumers’ entries
4. Validate with brand “spectators”
2. CONSOLIDATE
1. IDEATE
3. DEVELOPMENT
4. VALIDATION
Creative consumers (1%)
Enthusiasts (9%)
Brand’s R&D and Marketing
Spectators (90%)
eYeka enables Brands to co-create together with Creative Consumers
( Do the “right” things ) ( Do things “right” )
eYeka accelerates innovation throughout the value chain
A fast solution:
Leading companies are reshaping their innovation model with eYeka
INNOVATION NEEDS EYEKA PRODUCTS EYEKA CREATIVE CONSUMER BRIEFS
Prospective & trends research
“Imagine the credit card of the future”by HSBC
New Product Development
“What does this gum say about you that no other gum conveys?”by KRAFT
Positioning & Brand Stretch
“How would you promote our new drink in India?”by DANONE
Marketing & Brand Experience
“Men, show us what is your ideal shopping experience!”by GILLETTE
Consumer Engagement& Social Content “Illustrate energizing refreshment in a 30 secs video”
by COCA-COLA
Interbrand Ranking Brands Interbrand Ranking Brands
1 Coca-Cola 33 Canon
3 Microsoft 34 Sony4 Google 41 DELL6 McDonalds 42 Philips7 Intel 43 Ebay10 HP 45 L’Oreal13 Gillette 55 MTV15 BMW 57 Nestle
20 Honda 58 Danone
23 PepsiCo 62 Adidas25 Nike 65 Hyundai32 HSBC 95 Armani
24 out of 100 Best Global Brands innovate with eYeka
Source: Best Global Brands 2010 report by Interbrand
A safe solution:
1Creative
1Creative
2Fast
2Fast
3Scalable
3Scalable
4Safe
4Safe
Visual / ideas 2-8 weeks turnaround 91 countries Confidentiality / IP
eYeka value proposition
In conclusion
Consumers validate. Creative Consumers innovate.
Through co-creation, eYeka enables brands to identify unmet needs,
unlock innovation opportunities and build authentic engagement.
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