Let's take the case of personal genetic tests. One of the companies in this business is an enterprise called "23andMe" (
www.23andme.com/). There was a story yesterday about 23andMe slashing the price of personal genetic testing from $999 to $399 (
news.yahoo.com/s/ap/20080909/ap_on_he_me...ic_testing_prices_1; that's some price cut!).
Here are some questions for which your answers -- and debate:
1. What's with this number "23" in the company's name? (Hint: It's an important number for us living things. A must read: Crick and Watson's The Double Helix.)
2. Do "personal genetic tests" represent a technology-intensive-product context? If yes, why yes? If no, why no?
3. What makes the "personal genetic test" context special -- and thus set it apart from P&G shampoos when it comes to marketing?
Cheers, Anirudh