Bachelorarbeit, 2018
35 Seiten, Note: 2,0
This bachelor thesis aims to conduct a systematic literature review on customer integration in the new product development process. It aims to understand the value and necessity of customer integration in today's business environment, particularly in the context of fast-moving industries. The research aims to categorize various instruments related to customer integration and analyze the associated risks and benefits.
The primary keywords and focus topics of this text include customer integration, customer engagement, new product development, innovation, co-creation, customer participation, and marketing theory. The research emphasizes the importance of understanding the dynamics of customer involvement in shaping successful product innovation strategies.
CI is the process of involving customers directly in the New Product Development (NPD) process to enhance innovation and corporate performance.
It helps companies better understand market needs, reduces the risk of product failure, and can provide a competitive advantage in fast-moving industries.
Risks include potential leakage of intellectual property, focus on incremental rather than radical innovation, and the high cost of managing customer feedback.
Social media facilitates easier and faster communication between firms and customers, allowing for real-time co-creation and feedback.
Customer Engagement is a broader psychological state of connection to a brand, while Customer Integration refers to the specific operational involvement in business processes like NPD.
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