An MNC in the consumer goods sector partnered with NorthSide to explore potential opportunities for portfolio expansion across global and local markets. The company sought to identify high-growth categories and untapped spaces that could align with its strategic objectives.
NorthSide Approach
- Undertook extensive secondary research and analyzed over 400,000 online transactions across four countries to identify potential categories for leverage.
- Carried out a first-level assessment of the company’s existing supply chain to evaluate its adaptability and scalability for the identified categories.
- Validated global portfolio to identify existing products that could be adapted for the Indian market.
- Mapped price points to determine affordability and competitiveness within the local context, ensuring alignment with consumer purchasing power and preferences.
- Developed a strategy deck with recommendations for the India team to present to global leadership.
Key Insight
- Data-driven insights identified untapped growth opportunities and optimized supply chain strategies for accretive portfolio expansion.
Results
- Identified two individual vectors that each brand could leverage for expansion.
- Identified 5 new categories for the global brand to expand into.