• DocumentCode
    115099
  • Title

    New product planning process in the age of Service Dominant Logic

  • Author

    Sakano, Hiroyuki ; Kosaka, Michitaka

  • Author_Institution
    Sch. of Knowledge Sci., Japan Adv. Inst. of Sci. & Technol., Nomi, Japan
  • fYear
    2014
  • fDate
    27-31 July 2014
  • Firstpage
    2158
  • Lastpage
    2165
  • Abstract
    This study is about the Product Planning Process in the era of Service Dominant Logic (SDL). It had been said during the age of Goods Dominant Logic (GDL) that the key to success in marketing was effectively adapting the Marketing Mix (4Ps). However, in practice, most product planners at that time only focused attention on “products” (goods), mainly by implementing the latest technologies then as far as the “price” (expected cost) was within their target. Although it actually worked well until the late 20th century, it has no longer been functioning effectively from the early 21st century. Product Planning in the era of SDL now needs to be a far more sophisticated process in the new Service Marketing Mix (8Ps). Unfortunately, we have no concrete “product planning theory” in the SDL age yet. Thus, we adopted four frameworks, as a first step, that were originally developed as tools for service value creation, which were also proved to be empirically valid in case studies on product planning in our previous paper. This research is the second step on how to integrate these frameworks toward the goal of achieving a “general theory for a product planning process” in the SDL age of marketing.
  • Keywords
    manufacturing industries; marketing; production planning; GDL; SDL marketing age; goods dominant logic; new product planning process; product planning theory; service dominant logic; service marketing mix; service value creation; sophisticated process; Companies; Dictionaries; Industries; Manufacturing; Planning; Software;
  • fLanguage
    English
  • Publisher
    ieee
  • Conference_Titel
    Management of Engineering & Technology (PICMET), 2014 Portland International Conference on
  • Conference_Location
    Kanazawa
  • Type

    conf

  • Filename
    6921019