No food manufacturer or beverage brand should ever stand still. Even if you currently hold the position of market leader, without continuous and ongoing product optimisation, you will lose the top spot to another brand carrying out this vital exercise.
Continue readingWhile sales might be indicative of your product’s performance, how can you really tell if your product is meeting customer expectations and delivering on its promises? Product testing is one of the best ways to dig much deeper into your performance and gain valuable feedback to help you assess and improve your product.
Continue readingBack in the early 1990s, the world’s largest consumer goods company, Procter & Gamble, was busy working on a new product. It was a spray that would completely eliminate bad odours. From wet dog stenches to the lingering smell of cigarette smoke, Febreze was meant to become a revolutionary golden-goose product that would bring in billions of dollars of revenue to the company every year. In the end, it did. But only thanks to the intervention of home use testing. So, with that in mind, let’s look at how one of the world’s most successful products nearly didn’t make it.
Continue readingRenaming a product is something that food and beverage manufacturers consider from time to time. Sometimes it’s the right thing to do. By contrast, there are other circumstances whereby renaming a product is likely to have negative consequences and potential knock-on effects for your wider brand.
Continue readingMaking your product stand out on the shelf is more challenging than ever. With as much as 85% of household shopping derived from repeat purchases, it’s become harder than ever to convince consumers to switch to your food or drink product from their current preferences.
Continue readingWhen developing new products, there’s a massive difference between thinking you have a winning product concept and knowing you do. With extensive product concept testing, you could be pouring significant resources into a project that is doomed from the start.
Continue readingDid you know that of 12,000 food product launches across Europe, 76% fail to retain their listing after 12 months? Worse, as many as two-thirds even fail to reach the milestone of 10,000 units sold. If you’re in the final stages of launching a new product or revamping an existing one, those statistics make brutal reading.
Continue readingWhen developing food and drink products, taste plays a pivotal role in consumer acceptance. That’s why leading food brands and manufacturers team up with taste testing companies to gather crucial insights into how their products perform within target demographics before investing in production or marketing campaigns.
Continue readingSensory testing (or sensory profiling as it’s often referred to) involves the objective evaluation of food (and beverage) products based on the five senses. Rather than using members of the public, sensory food testing required trained panellists who evaluate products based on sensory factors such as smell and taste.
Continue readingRebranding, renaming or revamping existing products can be a worthwhile endeavour for products in desperate need of a new lease of life or a significant sales boost. But rebranding is not without risk, and getting it wrong can be incredibly costly both in terms of brand reputation and resources spent. Even the biggest brand names in the world have made costly errors before, as we shall now explain.
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