5. Capturing consumer imagination
1. Address
unmet need
2. Meaningful karin
6. Pricing
product
strategy very cold
uniqueness
morning, almost got hit
by a tram :( but thank
Capturing
consumer God for snickers!! #
imagination yum #love
25 minutes ago
Getting ready for
#SKIM @ Innocos
5. Creating 3. Segmentation 1 hour ago
product desire and targeting
4. Positioning
5
7. Systematic market fine tuning and combining
of forces is the key to the successful products
Suppliers Cross-functional team The market
R&D
Medical
Market research
Regulatory
Marketing
Innovation partners
7
9. From experiment to business impact
EXPERIMENT SIMULATOR SCENARIOS
100000
80000
TPP A
60000
40000
new
competitors
20000
current
products
0
2008 2009 2010 2011 2012 2013 2014
Capturing reality in Simulating business size for different propositions.
simulated shopping trips • Go / no go decision
• Business optimization
• Targeting & Segmentation
9
10. Simulating business impact of new innovations and
different propositions
“What if we
downsize our “You will lose -6.1% -4.4% Share Change
flacon size to share, but
your revenue -0.5% +1.1% Value Change
30 ml?”
will go up” 27.2% 27.7%
35.5% 35.2%
It is more profitable to
downsize to 30ml than to
31.4% 31.2%
break the 10 euros/flacon
5.9% 5.8% price barrier
Price Increase Downsize
Sparkling
“Maybe it’s a more “But what will be the Competitor 1
profitable option to effect if competition Competitor 2
keep our flacon size follow our actions?”
the same, but to
increase our price?”
10
11. Capturing………
…Consumer …Imagination of ….Real buying
Imagination other stakeholders behavior to build a
business case