I'm excited to share that my colleagues, Leah Johns and Joëlle de Montgolfier, have been selected to speak at #SXSW on the topic of future consumer economies. Learn more about the event here.
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Passionate Innovator at NIQ BASES, transforming research to make a positive change for consumers, worldwide.
At BASES, we believe in proof over urban myths. Last year, after seeing too many conference presentations stating that '95% of cpg innovations fail', we got together a team of experts and asked:- - Is it true that 95% of cpg innovations fail? - How do our clients innovations perform against their competitors on innovation success? We started out by seeing where this famous statement came from. Various articles from the 1960's and 1970's stated various failure rates of 75% upwards. This has propagated into todays 'established fact', that '95% of cpg innovations fail'. With access to the biggest and best database of Sales data in the world, and the brilliance of the BASES Innovation Measurement team, we sought out to identify the truth, which we call Innovation Vitality. The data covered multiple countries, categories and companies, and what we discovered will both delight and concern you. Globally, Innovation is a successful pursuit. Over 53% of innovations grow in sales in year 2 v year 1. Just 13% fall out of the market after 1 year. What is brilliant about this work, is that now you can compare your company performance on Vitality, against your competitors, the category and by country, benchmarking your innovation Vitality performance. The results are eyeopening! Want to know more - contact your BASES representative to talk more about Innovation Vitality! #InnovationVitality #BASES #SuccessElevated
We're thrilled by the insightful feedback from our recent webinar on innovation vitality. Moving from static success metrics, we champion a shift towards measuring 'vitality' to quantify the success and failure rates of innovations: ➡️ We emphasize the significance of growth in Year 2 and beyond. 52% of innovations show vitality by growing sales in Y2. ➡️ Pre-launch prep proves essential, with top innovators investing an extra 4 months. ➡️ By Week 4, those with rapid distribution growth show increased vitality across 60% of categories. ➡️ 80% of categories show higher vitality among innovations growing distribution rank from week 4 to week 13. ➡️ 80% of innovations don’t change their sales rank from week 8 to week 52 by more than 20%.
Do You Know Your Innovation Vitality Rate?
https://nielseniq.com
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Discover the Future: "Trend Evolution from 2023" is a deep dive into the persistent tension shaping 2024. Explore how last year's unrest sets the stage for decisive actions by governments, brands, and consumers. Businesses must embrace these trends for success. Read more: https://lnkd.in/e-azqg2p #2024Trends #TrendEvolution #BusinessSuccess
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IGD, Retail Futures, Senior Partner | 2024, 2023 and 2022 Top Retail Influencer by RETHINK Retail | 2024, 2023 and 2022 RTIH Top 100 Retail Technology Influencers List / 2021 RTIH Top 50 Retail Technology
To help companies think longer-term and prepare for the future we have updated our Four Forces of Change: STAR model. IGD’s STAR model highlights the four megatrends shaping the world we live in, and specifically the food and grocery industry. As we look to the future and consider the megatrends that will shape the world around us, and take into consideration the aspirations and aims of governments and industry, we believe there are several predictions that we can make that will help the industry get on the path to future proof its operations. The eight predictions will help businesses create the strategies and milestones that they need to set over the coming years to ensure they don’t just survive but thrive in 2050. IGD #IGDinsights https://lnkd.in/ekR83g3Z
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NIQ's Consumer Outlook 2024 summarizes this year's top consumer trends and strategic insights to help your organization succeed.
Consumer Outlook 2024
https://nielseniq.com
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Protiviti’s Industry Insights – Consumer Products & Retail September Issue provides insights into nurturing sustainable operations, embracing the GenAI revolution, and tending to the Gen-Z workforce. Read the latest issue today!
Industry Insights - Consumer Products & Retail | September 2023
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Protiviti’s Industry Insights – Consumer Products & Retail September Issue provides insights into nurturing sustainable operations, embracing the GenAI revolution, and tending to the Gen-Z workforce. Read the latest issue today!
Industry Insights - Consumer Products & Retail | September 2023
social.roberthalf.com
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Protiviti’s Industry Insights – Consumer Products & Retail September Issue provides insights into nurturing sustainable operations, embracing the GenAI revolution, and tending to the Gen-Z workforce. Read the latest issue today!
Industry Insights - Consumer Products & Retail | September 2023
social.roberthalf.com
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Our new global survey shows #consumer industry CEOs are still uncertain about the future following years of repeated, global shocks. But they are also cautiously optimistic, with many investing in their teams and structures to unlock growth. Find out more:
Consumer Leaders Are Looking Inward to Drive Growth
rraconnect.russellreynolds.com
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I help people innovate, better understand & manage risks, enable technology | ERP, Audit, DEI, ESG, CI, PMP | Director
Protiviti’s Industry Insights – Consumer Products & Retail September Issue provides insights into nurturing sustainable operations, embracing the GenAI revolution, and tending to the Gen-Z workforce. Read the latest issue today!
Industry Insights - Consumer Products & Retail | September 2023
social.roberthalf.com
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As consumers become shrewder with their spending, how can brands stand out? In two days, our Director of Integration, Nick Parker, will present "The Era of Considered Consumption". This webinar will unveil valuable insights into how brands can thrive amidst this turbulent socioeconomic period. Register here - https://lnkd.in/edQC3U9k #costofliving #insights
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