Featured Companies from the MC500 (Part 11): Fewsome: Affordable Custom Watches

MC500_Signet_2012In our series of postings introducing companies that performend very well in our Customization 500 study, we are introducing the next mass customizer. Remember:  The order of these feature postings is more or less randomly!

 

Today: Watching Time Go By In Style

A watch can be a fairly important piece of jewlery, especially for a man who, in opposite to his female counterpart, can often not wear too many other decorative objects. An individual watch is hence a really nice addition to your individual style and sets your wrist appart from the standard (and is a great converstation starter at a party). This little bit of individualism can easily cost you upwards of a four-digit number of USD or Euro and is usually reserved for a select few.

However, if you do not mind your watch to lack the logo of a high-class premium brand, fewsome might be worth a look for you. On their website, a nice and even animated configurator lets you build your custom wristwatch by picking all the important parts like movement, case, ring, dials, hands and so on. Choice is plentiful and lets you pick both different designs and colors. The result is a pretty unique watch that you can even have engraved on its back cover.

Time will tell how this business model will evolve and it will certainly be interesting to watch it unfold. But as custom papers have been the subject of one of our first good papers on the subject (the 2004 JPIM paper), I truly believe so 🙂

Fewwatches

Note: Please see this post for detailed information on how to interpret the above data.

By | 2018-06-14T06:55:03+00:00 Juli 16th, 2012|Co-Design Process, MC/OI on the Web, MC500, Personalization|

About the Author:

Frank T. Piller is a Co-Director of the MIT Smart Customization Group at the MIT Media Lab, Massachusetts Institute of Technology, USA, and a chair professor of management at the Technology & Innovation Management Group of RWTH Aachen University, Germany, one of Europe’s leading institutes of technology. Before entering his recent position in Aachen, he worked at the MIT Sloan School of Management (2004-2007) and has been an associate professor of management at TUM Business School, Technische Universitaet Muenchen. Frequently quoted in The New York Times, The Economist, and Business Week, amongst others, Frank is regarded as one of the leading experts on strategies for customer-centric value creation, like mass customization, personalization, and innovation co-creation. His recent analysis of the crowdsourcing business model “Threadless” (co-authored with Susumu Ogawa), an innovative crowdsourcing business model in the fashion industry, has been elected as one of the Top-20 articles in MIT Sloan Management Review.