PepsiCo will soon introduce a secret new ingredient that improves the healthfulness in its Lay's potato chips: "designer salt" whose crystals are shaped and sized to reduce the sodium intake consumers ingest with each chip. Pepsi recently pledged to reduce the average sodium per serving in its products by 25% over the next five years. As consumer and government pressure for healthier food products mounts, PepsiCo's move attempts to get ahead of the curve of potential demand shifts or new regulations…
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Showing posts with label Product. Show all posts
Showing posts with label Product. Show all posts
Thursday, April 29, 2010
Nike: Alive and kicking
Nike has a research & development process that is very well aligned with marketing objectives. It hopes that the two-pronged approach – the detail of product innovation and "premium club" feel of online – will give the global sports company the edge when it comes to its titanic battle with the two other sports behemoths – Adidas and Puma – for supremacy in the sportswear and leisure market…
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How Google's Ad System Stifles Innovation
The European Commission has launched the first-ever official antitrust inquiry into Google's search and search advertising services. Despite Google's estimated 90 percent share of the European search advertising market, it hasn't necessarily done anything illegal. But its stranglehold may still be a prohibitive barrier to competitors, present and future…
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Innovation beyond Apple
Apple’s success in its new product, especially the iPhone, has triggered the “Apple thrill” – executives are increasingly interested in pushing product innovation in an attempt to replicate Apple’s success. However, experts are saying that focusing exclusively on product innovation may be a mistake for most companies and innovation is not only about product…
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Where innovation creates value
Value innovation is defined as delivering exceptional value to the most important customer in the value chain all the time, every time. Unlike other forms of innovation, the most important customer can be internal or external to the organization. Exceptional value can be delivered in many other ways besides a new product or service. It could be a new process, a new way of going to market or business model, a new way of delivering the product or service, new packaging, or new services. Any organization of any size, whether for-profit or not-for-profit, an association, a government agency, a school board and so on can use the value innovation methodology. Support groups within an organization such as IT, finance, purchase and human resource can use these tools to deliver much greater value to the most important customers in their business units…
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10 Ways to Identify an Impending Product Launch Disaster
Pragmatic Marketing presents 10 ways to identify an impending product launch disaster: 1) there are no goals for the product launch; 2) the launch strategy is based on a set of deliverables from a launch "checklist;" 3) the launch plan contains unrealistic timeframes and expectations; 4) sales enablement training is based on product features; 5) significant effort is spent creating collateral for people who never read it; 6) no single person is responsible for driving product launch results; 7)the launch plan is based on hunches, not market evidence; 8) the launch plan mimics your competitor; 9) existing customers are not adequately considered in the launch plan; 10) the launch team isn't a team. This article points out solutions to each of the problems.
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