Successful Beauty & Personal Care Product - Improved
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Transcript of Successful Beauty & Personal Care Product - Improved
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copyright: Madison Morris 2009
Genie in a bottleGenie in a bottle
Some thoughts on successfulSome thoughts on successfulBPC product innovationsBPC product innovationsMadison MorrisMadison MorrisHeavy User, Ltd.Heavy User, Ltd.
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recessionrise of private label products
intense competitionare only some of the factors that can
hamper the emergence of new BPC (Beauty
& Personal Care) product
copyright: Madison Morris 2009
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When asked in the 7 th annual Most
Memorable New Product Launch surveyabout new products from 2008, 69 percentof survey respondents could not remember a
single new product launched during the
year.
copyright: Madison Morris 2009
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copyright: Madison Morris 2009
Because of the challengeswe have discussed, andto strictly adhere tosound businessstrategies, the new BCPproduct shouldnt be a
gamble for a company
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There is , however, a method that canhelp the company beats the odds
And to highlight the methods easeand practicality as well to avoid themegalomaniac urge to name it afterme, Ill call it a BCS Hop Scotch
copyright: Madison Morris 2009
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copyright: Madison Morris 2009
The
hopscotch model for asuccessful beauty& personal careproduct
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copyright: Madison Morris 2009
Successfulproduct
Self-actualizati
on
Benefits
Use
Who am Ito myself?
Who am Ito the
world?
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copyright: Madison Morris 2009
Successfulproduct
Successful new BPC
productwould not cannibalize theexisting products in the brand
would create a new category orface minimal competition in theexisting category.
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copyright: Madison Morris 2009
Self-actualization
Who am I tomyself?
Who am I tothe world?
By using a product aconsumer/customer answers an
indirectly asked question: Who amI?
A new product can POSITIVELY help
with this self-search(as demonstrated in the next
product case)
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copyright: Madison Morris 2009
Benefits(Story)
Direct benefits seamlessly transition intowhich really is
indirect benefits
Sun protection Reduced appearance of wrinkles Younger appearance= Sex appeal
Reduced risk of skin cancercaused by sun exposure
Reducedrisk=reduced anxietyover potentially fataldisease=feeling of control
Hygiene Clean skin Social acceptance
Benefits of the products are its characteristics(smell, foaming, acidity, cleaning agents).
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copyright: Madison Morris 2009
Benefits(Story)
Benefits of the products are its characteristics(smell, foaming, acidity, its reaction on the skin).
There is ever-present danger of affixing Price to a BPC product (e.g.Suave) as its benefit.
The price difference indicates that allthe products in the category are thesame except for the price.
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Another challengeis to present benefits in a form of a
captivating story-avoiding simply enlisting benefits
but-also avoiding ambiguity
Below see two typical mistakes
copyright: Madison Morris 2009
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copyright: Madison Morris 2009
Moisture is the essence of wetness, and wetness is theessence of beauty
Zoolander: (2001)
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Is the description below of
Experience the sparkling sensation andtantalizing scent of [insert correctcorrect namehere].
It gently cleanses skin, leaving you andyour body feeling beautiful all day long. Enriched with sparkling diamondpowder and conditioners
Exquisite pearlescent cream oil createsa supreme lather that glides over skinand rinses smoothly
From Walgreens.com
copyright: Madison Morris 2009 A n s w e r :
N i v e a T o u c h o f r a d i a n c e
Nivea Touchof Radiance
Caress Glowin
Touch?
or
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copyright: Madison Morris 2009
UseParadoxically, although mostBPC products have to be usedover and overthey are often advertised toimply a permanent or imminentdelivery of benefit.
That paradox often causes
some consumers to becomesuspicious of the products as incase of wrinkle creams or anti-cellulite potions.
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copyright: Madison Morris 2009
LetsLets
put this model to a testput this model to a test
looking at one particularlooking at one particularcategory category
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copyright: Madison Morris 2009
According to Information Resources, Inc.(IRI), a Chicago IL-based market research firm
the sales of liquid body wash rose 5.2%to $743.4 million,compared to the last year.
(happi.comIts a Wash Nov 2009)
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Total U.S. sales and forecast for body soap/gel,at current prices, 2003-13 (Mintel.com, 2009)
Year Body soap/gel $million
2003 1,732
2004 1,665
2005 1,696
2006 1,772
2007 1,831
2008 1,880
2009 (est.) 1,927
2010 (fore.) 1,994
2011 (fore.) 2,0702012 (fore.) 2,145
2013 (fore.) 2,226
copyright: Madison Morris 2009
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copyright: Madison Morris 2009
PhilosophyCreated in 1996
Estimated sales $140 million
#1 beauty brand on QVC
#1 skin care & bath & body brand in Sephora
stores
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copyright: Madison Morris 2009
Creator, Cristina Carlino
was herself searching for self-actualization.
She wrote a self book RainbowConnection about her internalstruggles.
Her customer/consumers can identifywith the musings she writes herself and puts on the packaging.
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copyright: Madison Morris 2009
The Philosophy 3-1 bath bodywashes help self-actualize
the consumer as a individualcategory of customer;
in this case someone who
cares about high quality skincare, but dont want toappear too obsessed with/byit.
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copyright: Madison Morris 2009
The diverse offeringsdont endanger otherproducts in thebrand;
they allow to pick anitem best suiting acurrent mood.
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copyright: Madison Morris 2009
Directbenefits
seamlesslytransition intowhich is really
indirect benefits
3 in 1 formula Ability to multitask
Mood-enhancingscents
Transformation
High qualityingrediences
Elimination of danger of allergicreactionsAssurance of active/highly
effectiveingrediences
Less worries, moretime to enjoyingthe relaxationeffect of theproduct
Food-basedscents
Ability to indulgewithout calories
Healthy lifestrategy