CASE STUDY #1: TECHNICAL MARKETING
Background:
Most companies fund research and development today by entering
into strategic product development agreements with customers.
The customer needs technology X; the company wants the customer
to pay the R&D costs of taking technology Y, and making it into
product that serves the needs of the customer. In essence, the customer
pays for the development of the technology.
Marketing makes this a very interesting game, because a marketeers
job is to sell, especially if the marketeer is on commission.
Dilemna:
A customer needs a compression algorithm to deliver a 10x
reduction in data storage to sell a medical imaging system as a successful
product. A marketing person at your startup company, which desperately needs
funds to do R&D (and pay your salary), invites the customer for a site visit
to hear a presentation about your research. You know that the technology
you are delivering only delivers a 2X compression on the audio data
you have been working with.
What do you say in your presentation to this company? Obviously,
your management and the marketeer will look favorably on you if you
make the sale...