A mid-sized FMCG company selling products under various brands and sub-brands with similar benefit areas was experiencing suboptimal marketing performance and rising media investment compared to industry benchmarks. NorthSide was engaged to help drive innovation while increasing the efficiency of marketing spending in a competitive market.
NorthSide Approach
- Identified the core portfolio of the brand by undertaking specialized research that highlighted the brand’s strengths and how the portfolio could benefit from the mother-child branding approach.
- Identified a core equity benefit that could support the portfolio without diluting the existing sub-brands.
- Identified innovation opportunities that could leverage the core equity benefit proposition.
- Developed a core brand positioning.
- Conducted consumer testing of the brand positioning concept for performance using qualitative and quantitative testing models
- Developed brand advertising for mass media based on the new brand positioning.
Key Insight
Marketing campaigns were experiencing poor performance due to suboptimal spending across many brands, making the portfolio less competitive. This also prevented the company from capturing innovation opportunities that could be better executed under a single brand rather than multiple brands or sub-brands.
Results
- Achieved an efficiency of 30% on marketing spending while maintaining brand health KPIs on awareness, consideration, and equity metrics.
- The revenue market share of the company increased following the execution of the new positioning.
- Developed and executed an innovation pipeline with the new master brand.
- Achieved significant growth in revenue from innovation as a percentage of total revenue.