TGG_Repurposing 05 21 2011
-
Upload
the-gendreau-group-revenue-strategists -
Category
Documents
-
view
16 -
download
2
Transcript of TGG_Repurposing 05 21 2011
The Gendreau GroupTimothy Gendreau, Principal
Susan Wayo, Principal
www.gendreaugroup.com
760.635.0808
Copyright 2011 - The Gendreau Group
More revenues from existing products or existing markets.
•Distribution•Repurposing•Increasing Valuation
The Gendreau GroupTimothy Gendreau, Principal
Susan Wayo, Principal
www.gendreaugroup.com
760.635.0808
Copyright 2011 - The Gendreau Group
More revenues from existing products or existing markets.
Copyright 2011 - The Gendreau Group
Repurposing
Using an existing technology, product or service to solve new problems for a different set of users or buyers, usually from different markets or industry verticals.
3
The Gendreau GroupTimothy Gendreau, Principal
Susan Wayo, Principal
www.gendreaugroup.com
760.635.0808
Copyright 2011 - The Gendreau Group
More revenues from existing products or existing markets.
Copyright 2011 - The Gendreau Group
Why repurpose?
• Reach untapped revenues• Increased return on investment (ROI)• Maximize market penetration and sustainability• Find strategic investment• Because reuse is a good thing!
5
Copyright 2011 - The Gendreau Group
Who should repurpose?
6
• Maturing firms • Firms with large IP portfolios• Firms with multiple product lines• Firms with technologies with
applicability in other markets
Copyright 2011 - The Gendreau Group 7
A chandelier from eyeglass lenses
A chair made of CDs
Repurposing… See things differently!
Copyright 2011 - The Gendreau Group
How do you repurpose successfully?
• Maintain focus.• Get market research help.• Seek to complement, not just to compete.• Recognize that value varies from market to
market.• Assess the marginal cost of pursing an
opportunity.• Get negotiation help.• Build collaborative3rd party relationships
8
Copyright 2011 - The Gendreau Group
A Typical TGG Engagement
• Revenue Strategy Insights – Researching the market to uncover opportunities and
qualify their potential in order to develop a fact-based business case and actionable recommendations.
• Revenue Strategy Development – Collaborating with our clients to determine which
recommendations to implement, and then building the appropriate business or action plan to guide implementation.
• Revenue Strategy Implementation– Assisting clients by opening doors, creating
relationships, and where required, negotiating agreements. The primary deliverable from this phase is actual revenues.
9
Copyright 2011 - The Gendreau Group 10
The Paradox of Focus
The Gendreau GroupTimothy Gendreau, Principal
Susan Wayo, Principal
www.gendreaugroup.com
760.635.0808
Copyright 2011 - The Gendreau Group
More revenues from existing products or existing markets.
Existing Products New Products
New Markets
Existing Markets
Revenue Strategies:
•Strengthen Distribution•Enhance Customer Experience•Improve Efficiencies•Strengthen Positioning•Divest Unprofitable Assets
Revenue Strategies:
•Open New Distribution Channels•Repurpose Inside Assets•Reposition Company &Offerings•Acquire or Partner
Revenue Strategies:
•Repurpose Outside Assets•Acquire•Partner
Revenue Strategies:
•Repurpose for Acquisition •Repurpose for Divestiture•Create, Sell or Acquire Entities
Improve Valuation
Change The Game
Grow Valuation
Grow Valuation
Revenue Strategies Map
The Gendreau GroupTimothy Gendreau, Principal
Susan Wayo, Principal
www.gendreaugroup.com
760.635.0808
Copyright 2011 - The Gendreau Group
More revenues from existing products or existing markets.
•Distribution•Repurposing•Increasing Valuation