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CASE STUDY 1
CASE STUDY 2
CASE STUDY 3 |
Re-energizing an Established, Declining Business
The business was a large (over $1Billion Retail), highly recognized, food portfolio with an all-family target. This business had been experiencing slow decline for a number of years as consumers were moving to more innovative and complex products within the same category. Further, within the company, there was a lot of excitement and focus on new product development as well as products that contributed higher gross margin.
- Developed new consumer insights around the brands’ behaviors, shopping and consumption habits, and identified several areas of opportunity including alternative usage, brand imagery and the need for meaningful “news”.
- Reframed consumer consideration of several brands within the portfolio via alternative usage, particularly during key holiday periods and day parts.
- Brand Personalities were enhanced to grow family appeal through the introduction of a brand icon as well as the strengthening of an established icon.
- Communicated the strategy to support teams within the organization - sales, customer service, trade marketing, key accounts, etc.
- Communicated the strategy via cost effective consumer communication – on package, mail, print, outdoor, TV, etc.
- Developed and sold-in a price increase that was three times company average for a key product within portfolio.
- The long term decline of the portfolio was slowed, with enhanced focus both internally and throughout field sales
- The brands increased alternative usage consumption
- Strategy/Programs spawned competitive copycat behavior
- Several programs still in use today
- Price increase was implemented, enhancing gross margin and improving the brand’s priority status for investment
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