Of what good are questions if your mind is not inspired beyond those things of which you are already aware? Hence the saying, "You can't ask a question you don't already know the answer to." This is the classic consumer packaged goods bottleneck in strategic innovation, consumer insight, brand expansion and new products. To stop your ideas from going up in a cloud of smoke, such as what would it take to increase brand IKEA's relevancy, you must stimulate all minds, marketer and consumer, beyond all current frames of reference.
What do Folgers, Pampers, Tylenol, Coca-Cola and many other products all have in common?
Me! I perform extreme product makeovers for global marketing leaders: the world's top C-suite and line management teams dealing in products and categories with flat, stagnant or declining sales, delisted or new products and line extensions.
When's the time to perform an EXTREME PRODUCT MAKEOVER? Whenever someone notices product or category sales are slipping.
Course graduates Folgers, Pampers and Tylenol became "billion dollar" (US sales) CPG product lines. (Single lines that sell $1+ billion not brands of many lines). Others followed. Our least successful grad, Baked Lays sold $310 million in 10 months. To date, no one else in the US $2.4 trillion consumer package good industry has launched a single more successful product (Source: IRI).
Are your product or category sales slipping?