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Five Stages to Market
• Stage One: Consumer Insights
• Stage Two: Category Direction
• Stage Three: Brand Positioning
• Stage Four: Concept Development & Testing
• Stage Five: Communicating Brand Identity &Messaging
Who to target?
• Primary and secondary research
• Secondary data provides “content”
• Primary data provides “context”
• Connecting to the heart and mind
• Rational and emotional sale
• Outside-in approach
Point of View
Speaking in a focused way to a specific demographic and psychographic target
will improve odds for success
Target Audience
• Millennials 18-33 years old
• Must fit their preferred lifestyle
• Healthier, convenient alternatives
• Enhance daily performance
• Living for here and now
Coffee Blocks
• Butter coffee usage on the rise
• Grass fed butter, organic coconut oil, real coffee, organic egg yokes and organic vanilla
• More healthful and nutritious than coffee
• Great source of energy
• A meal in a cup
Coffee Blocks
Problem: Difficult and messy to make
Solution: No mess, no guess, better butter coffee
Discussion
Assuming you have a product with potential appeal to a wide range of
consumers, how would you determine which segment to target?
Where to play?
• Evaluate market and category segmentation
• Segment size, velocity, trends, players
• Blue ocean opportunity?
• Congruent to Stage One?
• Category vs. brand development
• Outside-in approach
ACT2 & Xceed
• Sports hydration dominated by Gatorade and Powerade
• Hydration should carry electrolytes into the cells
• Glucose is a poor carrier at best
• Nutrients don’t enter the bloodstream
ACT2 & Xceed
• Patented blend of 9 amino acids
• Supporting clinical science
• Technology branded as ACT2
• RTD beverage branded as Xceed™
ACT2 & Xceed
Problem: Glucose based beverages don’t offer effective hydration
Solution: ACT2 offers proven triple compartment hydration
Discussion
Would you rather be a new brand in an established category or an established
brand getting into a new category? Why?
How to play?
• Visual brand mapping
• SWOT
• Retail store visits
• Amazon reviews
• Social media listening tools (Talk Walker)
• Market research (qualitative & quantitative)
Point of View
There is no more important pre-market activity than studying and understanding
your competition
VitaFiber
• Healthy alternative to artificial sweeteners
• Better alternative to natural sweeteners
• Tapioca for sweetness
• Prebiotic for digestion
• Fiber for satiety
VitaFiber
• Dual functionality
• Available as granular powder and syrup
• 1 for 1 equivalency
• Convenience factor
VitaFiber
Problem: Artificial sweeteners pose health risks and natural options like stevia taste bitter
Solution: Great tasting natural sweetener with added nutrition
Discussion
When a major competitor in your market segment goes one direction, should you
follow them or go your own way?
Why?
How to speak?
• Walk before you run
• Think before you act
• Test your assumptions before you implement
• Accept the possibility of myopathy
• Invented here syndrome
• Inside-out thinking is dangerous
Point of View
Define and test your brand value proposition BEFORE you go to market,
not AS you go to market
Rise Bar
• Re-branding to revive business
• Quality, whole food ingredients
• Clean label
• Minimal ingredients per bar
• Minimal processing
Rise Bar
Problem: Fierce competition and unclear market position
Solution: Focus your story and make it relevant to a millennial audience
Discussion
What is the most important measure of a potential product concept?
Uniqueness, Relevance, Believability, or Purchase Intent?
Where to speak?
• Today’s digitally driven media landscape
• “Mobilized” consumer
• Power of social media channels
• Impact of video content
• Social influencer and blogger outreach
• All about “content” and “context”
Point of View
Deciding when and where to disseminate brand messaging is a pivotal step in
building awareness and creating demand
Family Flora
• New product line launching in F/D/M/C
• Probiotic plus prebiotic in one dosage
• Individual stick packs
• Six formulas for varying lifestyles
• Intensely competitive category
• Pricing pressure
Family Flora
Problem: Getting lost in the crowd of probiotics
Solution: Build value through unique MOA
Family Flora Social Media Results
The Family Flora social activity saw immediate increases in likes, impressions, and engagement
from an audience of health conscious individuals. Retail distribution has grown from 5,000
locations to over 20,000 doors projected for 2018.
*BrandHive began management of social channels for Family Flora on August 1, 2016
* * *
Discussion
How are consumer media consumption habits changing? How can brands best
adapt and stay ahead of the curve?
Summary Points
• Tell a 360 degree story
• Work from the outside-in (consumer first)
• Pick your brand battles carefully
• Keep it clean
Summary Points
• Don’t be afraid to shift the paradigm
• Test don’t guess
• Get digital through the power of video
• Get strategically social