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2017 | OriginalPaper | Chapter

13. Marketing Your IoT Initiatives

Authors : Sudhi R. Sinha, Youngchoon Park

Published in: Building an Effective IoT Ecosystem for Your Business

Publisher: Springer International Publishing

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Abstract

Businesses and customers view the benefits of IoT differently. Everybody has a bit unique perspective on this. It is critical that you market your IoT efforts effectively to your internal stakeholders and your customers. This is important because you need to educate stakeholders about the inherent change management issues in how you transact business in the IoT context. You also want to demonstrate your thought leadership and technical stewardship in bringing new value to everybody internally and externally. Like any other marketing effort, you need to exploit multiple channels of marketing and also embed marketing efforts in your products and services. In this chapter, we will introduce you a framework of driving thought leadership through a product-patent-publicity framework and expose you to some of the best practices in the field.

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Literature
1.
go back to reference (Gong 2016) Gong, W. (2016). The Internet of Things (IoT): what is the potential of the internet of things (IoT) as a marketing tool? (Bachelor’s thesis, University of Twente). (Gong 2016) Gong, W. (2016). The Internet of Things (IoT): what is the potential of the internet of things (IoT) as a marketing tool? (Bachelor’s thesis, University of Twente).
2.
go back to reference (Peter 1999) Peter, J. P., Olson, J. C., & Grunert, K. G. (1999). Consumer behavior and marketing strategy (pp. 122-123). London: McGraw-Hill. (Peter 1999) Peter, J. P., Olson, J. C., & Grunert, K. G. (1999). Consumer behavior and marketing strategy (pp. 122-123). London: McGraw-Hill.
4.
go back to reference (Lindstorm 2005) Lindstrom, M. (2005). Broad sensory branding. Journal of Product & Brand Management, 14(2), 84-87. (Lindstorm 2005) Lindstrom, M. (2005). Broad sensory branding. Journal of Product & Brand Management, 14(2), 84-87.
Metadata
Title
Marketing Your IoT Initiatives
Authors
Sudhi R. Sinha
Youngchoon Park
Copyright Year
2017
DOI
https://doi.org/10.1007/978-3-319-57391-5_13

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