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Posts Tagged ‘New Products’

New Products That Prosper

Friday, March 18th, 2011

New Products: The Final Frontier. These are the voyages of successful manufacturers from across the CPG galaxy. Their one-year mission is to explore strange new markets, to seek out new categories and consumers, and to boldly go where no CPG product has gone before.

Introducing a successful new product into a thriving market is an arduous task, but doing this during a down economy with a frugal consumer marketplace is more like Star Trek’s Kobayashi Maru—a no-win scenario.  In the past few year, though, despite one of the worst U.S. economies on record, some products were able to accomplish their mission, carving out growth in a down economy!

Come on board during Summit 2011 for our session, “New Product Pacesetters: Trailblazers in Search of a New Galaxy.” This session will travel back in time to share best-of-the-best learnings from CPG captains across more than 15 years of SymphonyIRI’s New Product Pacesetters.  The journey will continue into 2010, highlighting 2010’s most successful new product launches, revealing best practices in black hole avoidance.

So, bring your notepads, laptops, tricoders—er, I mean tablets—and join us as we journey into a new CPG macrocosm!

Visit www.sigsummit.com for more information and to register. Don’t forget to follow us on twitter at (@SymphIRI and #SIGSummit) for continued updates and information.

Susan Viamari and Larry Levin will present this session on Tuesday, March 29 at 4:30 p.m. in Glimmer 6/7. Use this year’s calendar to help you plan Summit!

By Susan Viamari, Editor of Times & Trends, SymphonyIRI

Tags: 15 Years, Brand Growth, cpg, Going Pro, Indulgence, innovation, Market Growth, Marketing, New Product Pacesetters, New Products, Retail Solutions, shopper attitudes, shopping trends, Star Trek, Summit, SymphonyIRI, Wellness
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2009 New Product Pacesetters – Keeping Pace with Consumer Trends

Monday, March 22nd, 2010

IRI is happy to announce the 2009 New Product Pacesetters results, a program now in its fifteenth year.

The New Product Pacesetters report is a widely sought after CPG industry analysis of new brands in the food and beverage and non-food categories.  We take a look at new product’s first year of sales to determine the top 10 performers.

Drum roll, please! The 2009 New Product Pacesetters are…

2009 New Product Pacesetters: Top 10 Food and Beverage Brands ($s in Millions)

(Total Year One Dollar Sales across Food, Drug, and Mass Channels, excluding Wal-mart)

Campbell’s Select Harvest $202
Bud Light Lime $133
Arnold Select Sandwich Thins $87
Similac Advance Early Shield $87
Green Giant Valley Fresh Steamers $85
Dreyer’s Edy’s Fun Flavors $72
Gatorade Tiger/Focus $65
Miller Genuine Draft Light 64 $53
Mountain Dew Dewmocracy $52
Bush’s Best Grillin’ Beans $45

The New Product Pacesetters in both food and beverage and non-food further attest to several of the consumer shopping trends and newly developed at-home habits IRI identified during the recession. These include a move to at-home cooking and dining, enjoying simple indulgences, switching to nutritious, healthy meal options, and maintaining appearances through home beauty-care and “do-it-yourself” sufficiency. Our top performers catered to these developing values and succeeded, through innovation and careful attention to consumer desires and needs.

2009 New Product Pacesetters: Top 10 Non-Food Brands ($ in Millions)

(Total Year One Dollar Sales across Food, Drug, and Mass Channels, excluding Wal-mart)

Quilted Northern Ultra Plush $135
Tide Total Care $79
Sundown Natural Vitamins $57
Gillette Venus Embrace $51
Smooth Away $51
Pedi Paws $50
Bounty Extra Soft $49
Always Infinity $46
Secret Flawless $41
K Y Yours + Mine $35

CPG manufacturers focused largely on brand extensions, recognizing the risk averseness of most American shoppers during the recent downturn. More than 90 percent of this year’s top brands were built on previous brand loyalty.

Congratulations and cheers to creative innovation!

Best,

Susan Viamari

Editor, Times & Trends

For a copy of the full report visit, http://us.infores.com/Insights/Publications/TimesTrends/tabid/106/Default.aspx.

Tags: New Products
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    Digital marketing should be measured with the same statistical rigor as traditional marketing, to allow comparison http://t.co/9e2Z33fZ 16 hours ago

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    Check out @retailwire's "For Non-Foods New Products, Performance is Prized" for more on 2011 New Product Pacesetters http://t.co/bJPKcUnV 2012/05/15

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