Brilliant Insight. What it is and how to get it.

I’ve said a number of times in the past that brilliant consumer insight is fundamental to successful new product development and buy-in from retailers. But where does all this brilliant insight come from? While there are all kinds of academic ideation processes, I think most of that is bullshit. People are creative by nature. If… Continue reading Brilliant Insight. What it is and how to get it.

5 Things You Need to Know Before Presenting to a Retailer

Nail these five questions and you’ll be positioning yourself for new product ranging success in no time… 1) What is the retailer’s strategic aim? Each retailer has an over-arching strategic aim that they are working towards. If you can frame your new product presentation in terms of the retailer’s strategic aim, the Category Manager will… Continue reading 5 Things You Need to Know Before Presenting to a Retailer

New Product Development… A No Bullshit Approach

There are a whole bunch of academic-style new product development processes out there – Google “new product development” and you’ll see what I mean. Stage-gates, steps and phases… blah blah blah. FMCG / CPG product innovation isn’t rocket science. Basically it involves improving an existing product (incremental innovation), extending an existing product line (new flavour… Continue reading New Product Development… A No Bullshit Approach

Establishing Credibility When Presenting to Retailers

According to entrepreneur.com approximately 90 percent of new products fail. This is a very depressing statistic so if you’re just starting out in this game you might need an extra hand to establish credibility. Approaching a retailer with a half-baked idea, brand or product is not going to help your chances. Presenting your product to a retailer… Continue reading Establishing Credibility When Presenting to Retailers

Pitching to Retailers via Email. A Necessary Evil?

I believe so strongly in the power of face-to-face meetings that for over a decade I’ve been commuting around the globe to meet with my clients. Unfortunately though Category Managers are bloody busy people and sometimes it can be hard to get a spot in their diary. If you’ve exhausted every other way of trying… Continue reading Pitching to Retailers via Email. A Necessary Evil?

Understanding Retail Strategy When Pitching Your New Product

You’ll probably only get one chance to pitch a new product idea to a retailer… so don’t bugger it up! Do your homework to find out: Who is their target shopper? What are the most common trip (or shopper) missions of their target market (the primary reason the target shopper walks through the door)? Who… Continue reading Understanding Retail Strategy When Pitching Your New Product