How can we best manage & price our portfolio with existing products and innovations in the pipeline?
Challenge
In a category where advertising is low, pack messaging & pricing say a lot.
Infant Formula/ Baby Food
Quantitative
Price & Portfolio
Our framework
Portfolio planning using Conjoint to test both messaging as well as response to prices, including existing brands, new variants and competition.
What was new/different:
Incorporating pack messaging brought it closer to the real-life scenario where consumers rely on on-pack information.
Why was it actionable:
- An understanding of the overall portfolio gave quantifiable impacts of introducing new variants and price changes.
- Simulators helped client run internal workshops testing out several different scenarios to take informed decisions.
Impact
Client developed new creatively unique positioning spaces, yet non-existent were developed and tested.
Client Speak:
Research Manager
“Good work for us to start all the right conversations”
Connect with us for the latest thinking & insights
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.