Crossing the Chasm: Marketing and Selling High-Tech Products to Mainstream

Customers or simply Crossing the Chasm, is a marketing book by Geoffrey A. Moore

that focuses on the specifics of marketing high tech products during the early start
up period. Moore's exploration and expansion of the diffusions of innovations model
has had a significant and lasting impact on high tech entrepreneurship. In 2006,
Tom Byers, Faculty Director of Stanford Technology Ventures Program, described it
as "still the bible for entrepreneurial marketing 15 years later". The book's success
has led to a series of follow-up books and a consulting company, The Chasm Group.
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Synopsis
In Crossing the Chasm, Moore begins with the diffusion of innovations theory from
Everett Rogers, and argues there is a chasm between the early adopters of the
product and the early majority . Moore believes visionaries and pragmatists have
very different expectations, and he attempts to explore those differences and
suggest techniques to successfully cross the "chasm," including choosing a target
market, understanding the whole product concept, positioning the product, building
a marketing strategy, choosing the most appropriate distribution channel and
pricing.
Crossing the Chasm is closely related to the technology adoption lifecycle where
five main segments are recognized: innovators, early adopters, early majority, late
majority and laggards. According to Moore, the marketer should focus on one group
of customers at a time, using each group as a base for marketing to the next group.
The most difficult step is making the transition between visionaries and pragmatists
. This is the chasm that he refers to. If a successful firm can create a bandwagon
effect in which enough momentum builds, then the product becomes a de facto
standard. However, Moore's theories are only applicable for disruptive or
discontinuous innovations. Adoption of continuous innovations are still best
described by the original technology adoption lifecycle.
Sales figures
Moore and his publisher originally thought that the book would sell around 5,000
copies. By 2002, ten years after the first publication, more than 300,000 copies had
been sold. Moore attributes this to word-of-mouth marketing, resonating initially
with high-tech managers, then to engineers, venture capitalists and finally business
schools. The book's success led to a number of sequels including Inside the Tornado,
Living on the Fault Line and The Chasm Companion. Crossing the Chasm is available
in several prints, one is ISBN 0-06-051712-3.
See also
Pre-chasm
Product life cycle management
References