Successful New Product De

Publisher     :
Canadean
Published     :
May 2015
Delivery Method     :
By product vendor
Format     :
pdf
Product Code     :
CS0620IS
Pages     :
105
Price :   £ 6,229.00

Summary
" Consumers are looking for healthier food and drink and a clean eating diet, yet are not ready to compromise on the taste, therefore manufacturers need to make sure that the product is tasty

" Aspiration is a powerful tool for brands to boost sales by tapping into consumer demands to appear sophisticated and knowledgeable

" Increased busy lives and consumers feeling time-scarce is strengthening the demand for more energizing snacks

" Nostalgia is increasingly becoming a trait that is being used to market a more premium product and encourage consumers to trade up

" Consumers want to feel more confident in their appearance and are looking for ways in which they can stand out and express their personality

" More consumers are relying on snacking to offer satiety during the working day with both  better for you and indulgent features being key attributes to a consumer s preferred snacking choice

" Consumers are looking for feelings of happiness from their FMCG consumption, not just from luxury but happiness in a particular moment

Synopsis
 Successful NPD Strategies in the Food, Drinks and Personal Care Market studies the best new product development, cross-category innovation, and marketing campaigns in both developing and developed countries to find common themes and best practice. The evolution of consumption habits across the world means both retailers and manufacturers need a renewed understanding of consumers changing lifestyles, and how this will affect their product choices. To do this, the report highlights innovative new product development for effectively targeting consumers most important needs, and offers strategic recommendations to capitalize on the evolving motivations driving consumption.

Reason to buy
" Access actionable insight into new marketing opportunities emerging in Food, Drink, and Personal Care via case studies, showing you how to adapt your product strategies to target consumer behaviors that are proving to be fertile ground for innovation leaders.

" Be confident that you are focusing on the most valuable opportunities in the market, though the use of Canadean s unique consumer data, which quantifies the influence of 20 consumption motivations in Food, Drink, and Personal Care.

" Understanding the trends, and how the most innovative marketers are seeking to target them, will allow marketing tactics and strategies to be updated in line with the very latest consumer behaviors.

Highlights
NA

Introduction and methodology
Canadean has identified four key ways in which NPD is being aligned with consumer need states
Nostalgia and reliving youth
Energizing and reviving
Finding happiness and a better quality of life
New me
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