Does anyone care about your new product?
andrewchenblog.com
andrewchenblog.com
New market or pre-existing category: I agree an mp3 player was a pre-existing category - but what about iTunes? It is more like Edison creating a power-station and network along with the light-bulb; or Birdseye establishing freezers in the supermarket, along with actually freezing food.
The iPhone is interesting: sure, it's a phone, and sure, smart-phones were a pre-existing category. But the iPhone (a) included new technology (touch-screen) that revolutionized user interaction with phones (does that make it a new category?); (b) it wasn't really a phone, nor really a smart-phone, but a platform for apps - like a PC; (c) the innovation of the appstore, to facilitate that platform.
And let us remember that, historically, Apple invented the PC.
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Is a new sub-category (of a pre-existing category) a new market or a pre-existing category? And, more importantly, what difference does it make - i.e. for what tasks is this distinction relevant? (how is it used)
Target an existing need (Christensen says customers 'hire' products to do jobs they want to get done): I agree this is a good way to go - but it is much broader than "pre-existing category". Let's be clear though: there's needs that exist that people are aware of (enough to search on), and needs that exist that people aren't consciously aware of. And that's where we truly get into "new": not just a new category, but new need.
I agree that new markets are much harder to target, but also much more fun. Andrew, I'd be interested to hear you elaborate on " 'blank-slate' ideas" being superficially innovative, riskier and “first mover advantage” being wildly overrated. Can you give examples? (I don't quite understand what you mean).
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Re: "marketplace" abstract terms: Reminds me of annual report terms like caffeinated beverages and baked confectionery - a cool, elevated god-like view that no-one can relate to.
A horseless carriage is a carriage that doesn't go - unless you already know about cars.
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PS: despite all my complaints, I find it a very interesting submission - and I've been playing with the https://adwords.google.com/o/Targeting/Explorer and it's a very revealing and powerful tool.
a) Touchscreens had been available on smart phones for QUITE some time. They just were designed for styluses. They WERE pretty awesome, though.
b) The original iPhone was most certainly not a platform for apps. Yet, it was still very popular.
But really, why bring up Apple at all? For a company, Apple is weird and opaque. Trying to use their actions or success to justify your start-up is foolish, since you don't really understand how and why Apple got to where they are. No, really. You don't. (Not nearly well enough to duplicate or otherwise replicate it) Bringing them up is an unnecessary and unhelpful complication.
EDIT: Yeesh, I guess I skimmed right over the part of the article where this is brought up, for my last paragraph.
Take my latest side-project:
From a sympathetic audience of thousands who read my other related work, persuading even a handful of people to help Open Cures in any way is real challenge. This is the way of the world: if people cared and agreed and were up for it at first glance, it would be done already.
So expect the long uphill fight. It says nothing about the merits of what you're doing; it just is.
How does Groupon fit into this statement?
I think that's a bit of a jump! There's plenty of things that people care about but don't personally think they could achieve. If you do a startup to end world hunger, people would be interested as soon as you proved your credibility in actually achieving it.
Also - Interesting side-project! What's your background (are you a software dev? biotech scientist?)
There are people working credibly on ending world hunger, and all sorts of other even more important projects (such as ending aging, which kills far more people and causes far more harm in the developing world) and they have the same uphill struggle and lack of interest. I submit that we're using different reflexive definitions of the word "care", which might be expanded out as (a) "care in the abstract sense" and (b) "care enough to actually do something".
Interesting and useful stuff. You may locate a niche market, find that there is genuine interest in it as reflected in ad words, and also get a sense for what the existing market is like (e.g., is there already a highly-dominate player, and is it cost-effective to try to move into this niche).