Abstract
The article is devoted to the study of marketing concepts related to innovative products. Modern marketing theory concerning innovative startups is underdeveloped. There is no basic marketing framework without which startupers can hardly understand what can be and should be done for success. Now, the determining factor of startup development is practice, and theory states and explains principles based on developed cases. The proposed material examines approaches to the organization of innovative startup marketing. It is shown that marketing should be dramatically reordered at pre-startup and startup stages. At the PreSeed stage, marketing is focused on prediction to assess the market opportunities of the future product. At the Seed stage, the product is developed and adjusted to the demands of future consumers, therefore marketing is targeted at understanding their needs. At this stage, it is proposed to implement Agile techniques, which allow us to accelerate the development. MVP sales is launched among the first innovative customers and marketing events are developed and held. Further growth of innovative product sales requires modification of the marketing mix and its extension to strategic marketing. Finally, we get a combined marketing model of an innovative startup with all the above stages.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
References
Alvarez, C.: Lean Customer Development: Building Products Your Customers Will Buy. O’Reilly, London (2014)
Blank, S.: The Four Steps to the Epiphany. K & S Ranch, London (2005)
Blank, S., Dorf, B.: The Startup Owner’s Manual. K&S Ranch Inc., London (2012)
Brinker, S.: Hacking Marketing. Faster, and More Innovative. Wiley, London, Agile Practices to Make Marketing Smarter (2016)
Cagan, M.: Inspired. Berrett-Koehler Publishers, London, SF (2014)
Cooper, R.G.: Stage-gate systems: a new tool for managing new products. Bus. Horiz. 2(1), 44–54 (1990)
Cooper, R.G.: What’s Next After Stage-Gate? Res. Technol. Manag. 157(1), 20–31 (2014). http://www.bobcooper.ca/articles/agile-stage-gate. Accessed 5 Feb 2020
Davidow, W.H.: Marketing High Technology. An Insider’s View. The Free Press, London (1986)
Ettenson, R., Conrado, E., Knowles, J.: Rethinking the 4Ps. Harvard Bus. Rev. 91(1), 26–33 (2013)
Kawasaki, G.: The Art of the Start 2.0. Portfolio/Penguin, London (2015)
Knapp, J., Zeratsky, J., Kowitz, B.: Sprint. How to Solve Big Problems and Test New Ideas in Just Five Days. Simon & Schuste, London (2016)
Kotler, P.: Marketing Management, Millennium edn. Prentice-Hall, London (2001)
Kotler, P.: Megamarketing. Harvard Bus. Rev. 4(1), 117–124 (1986)
Kotler, P., Keller, K.L.: Marketing Management. Prentice-Hall, London (2002)
Kotler, P., Kartajaya, H., Setiawan, I.: Marketing 3.0: From Products to Customers to the Human Spirit. Wiley, London (2010)
Lauterborn, P.: New marketing litany: four Ps Passé: C-words take over. Adv. Age 61(1), 26 (1990)
Merkoski, J.: Burning the Page. Sourcebooks, London (2013)
Moore, G.: Crossing the Chasm. HarperCollins, London (1995)
Ramanujam, M., Tacke, G.: Monetizing Innovations. Wiley, London (2016)
Rapp, S., Collins, T.: Maxi-Marketing. McGrow-Hill, New York (2019)
Ries, E.: The Lean Startup: How Today’s Entrepreneurship Use Continuous Innovation to Create Radically Successful Businesses. Crown Publishing Group, London (2011)
Tokarev, B.E.: Marketing Innovacionno-Tehnologicheskih Startapov [Marketing of innovative-technology startups]. Magistr, Moscow (2018)
Tokarev, B.E., Shkarovskiy, S.I.: Marketing innovacionnogo startapa [Marketing of innovative startup]. Int. J. Bus. Econ. Affairs (IJBEA) 3(3), 28–39 (2019)
Volkmann, C., Berg, H.: Entrepreneurial marketing (2020). www.ekf.tuke.sk/files/utorok.pdf. Accessed 06 Feb 2020
Wasserman, N.: The Founder’s Dilemmas: Anticipating and Avoiding the Pitfalls that Can Sink a Startup. Princeton, Princeton University Press (2016)
Acknowledgments
The reported study was funded by RFBR, project number 20-010-00233.
Author information
Authors and Affiliations
Corresponding author
Editor information
Editors and Affiliations
Rights and permissions
Copyright information
© 2021 Springer Nature Switzerland AG
About this paper
Cite this paper
Tokarev, B., Shkarovskiy, S., Soldatova, N. (2021). Concept of Marketing Models Combining at Stages of Innovative Startup Implementation. In: Popkova, E.G., Sergi, B.S. (eds) "Smart Technologies" for Society, State and Economy. ISC 2020. Lecture Notes in Networks and Systems, vol 155. Springer, Cham. https://doi.org/10.1007/978-3-030-59126-7_184
Download citation
DOI: https://doi.org/10.1007/978-3-030-59126-7_184
Published:
Publisher Name: Springer, Cham
Print ISBN: 978-3-030-59125-0
Online ISBN: 978-3-030-59126-7
eBook Packages: Intelligent Technologies and RoboticsIntelligent Technologies and Robotics (R0)