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Why CPG firms should leverage incubator partnerships

Incubating new brands or product lines and making them independently successful is quite different from growing established ones. Although the competencies required are similar in nature, the context under which both objectives are pursued are widely different. When growing established brands, a lot of information – awareness & equity of the brand, pricing benchmarks &Continue reading “Why CPG firms should leverage incubator partnerships”

Do traditional consumer businesses need product management?

“We got rid of the classic product management function. Apple didn’t have it either. We morphed the function to a more Apple-style product marketing function. We combined product management with product marketing and we said that you can’t develop products unless you know how to talk about the products.”  – select excerpts from Brian Chesky’sContinue reading “Do traditional consumer businesses need product management?”

Innovating for existing consumers can help large players realise growth faster

Innovation has always been a key agenda item for most large companies, although it often only becomes an urgency when gaining unit share in the category starts becoming increasingly difficult and expensive.  Because this situation is a typical trigger behind innovation focus, it is common for the consumer strategy behind innovation to shift focus toContinue reading “Innovating for existing consumers can help large players realise growth faster”

Building a Marketing Execution Engine for Start-ups

The ‘perfect’ ingredients for the success of a startup and SMEs would be a great idea, robust strategy and a strong team with the ability to execute the strategy and sustain the success. None of the ‘ingredients’ are complete without the other: building a startup or a small business is already extremely tough, hence aContinue reading “Building a Marketing Execution Engine for Start-ups”