Types of Innovation

Here are the various ways we can innovate a product or service.

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​By: Ms. Annalie C. Edillor

​Innovation

Can you show me an example of a product innovation?

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​Sushi Cake

​PRODUCT

​Innovation

Can you think of other products that uses price innovation?​

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​Milk Tea

​PRICE

INNOVATION​

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What other products employ place innovation?​

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​Chicken cutlets

​PLACE Innovation

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What other service innovation can you think of?

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​Grab taxi, Grab Food, etc

​SERVICE Innovation

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What innovative ads do you know?

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​Hair color

​ADVERTISINGInnovation

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​Can you think of other products that uses an innovative physical environment?

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​Modern Toilet Restaurant

​PHYSICAL Environment

Innovation​

Open Ended

Think of a product or service that either frustrates you or is still non existent. How do you propose to innovate and sell it to the public?