This week’s topics
New Product and Service Innovation
- Stage-gate new product development process
- Customer-centric experience co-creation
- Concept testing and feasibility analysis
- Prototyping niche tourism offerings
- 25 Developing New Products and Services: From Idea to Commercial Launch
- Co-creation for Innovation
- Lecture - 19 : Concept testing methods
What you will be able to do
- 3.1 Critically analyse theories of consumer decision making in the tourism and hospitality industry.
- 3.3 Propose new products and services to meet the needs of tourism and hospitality consumers.
Activity
Start with this week’s 3 videos, then: Seminar, guided reading and a short written task: critically analyse theories of consumer decision making in the tourism and hospitality industry.
Study materials
Videos
- 25 Developing New Products and Services: From Idea to Commercial Launch · YouTube · Marketing Insights · 8 min · for registered students
Further resources
- Principles of Marketing, ch. 10: Maintaining a Competitive Edge with New Offerings · PDF · OpenStax, textbook chapter; pp. 353–384 · for registered students
- Tourism: The International Business (Mill, 2010), ch. 8: Developing tourism · PDF · Other, textbook chapter; pp. 162–204 · for registered students
- Developing New Products and Services, ch. 6: Facilitating Creativity and Innovation · PDF · Saylor Academy, textbook chapter; pp. 134–152 · for registered students
Materials marked “for registered students” open in the student portal, which is set up as soon as you receive final acceptance.