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ManagementPricing & LoyaltyE-commerceIntermediate2009

Alibaba: Singles Day Creation

The challenge

GoPro launched a waterproof camera for surfers in 2004, but cameras were a commodity market with razor-thin margins. Nick Woodman needed a way to differentiate and create ongoing demand without the marketing budget of established camera brands.

The strategy

GoPro realized their customers were creating extraordinary content that made the camera itself look incredible. The strategy was to become a media company that distributed customer-created content, turning every satisfied customer into a walking advertisement.

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Key lessons (preview)

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