Food New Product Strategy
Opportunity can be fleeting. So The NFL is ready to help you achieve your goals quickly. Our team of classically-trained food marketing veterans, with backgrounds at Fortune 500 food companies and natural food companies, help you to capitalize on unmet consumer needs with our customized processes to develop comprehensive new product strategies for all types of new products – from new brands to line extensions. Taking into account all external and internal factors, we identify the strategic direction that will maximize your revenue and profit. We work in close partnership with you and your team so our solutions really work within your organization. Food Trends Analysis
One of our major areas of expertise is in creating a multi-level trend framework focused on the trends that will have the most impact on the client’s category. The top level of the framework will identify emerging societal trends. The next level of the framework will identify the key consumer wants/needs that arise from each societal trend. The third level of the framework will identify the food and retail trends related to each want/need. The final level of the framework will highlight the implications for the client's new product development. We will assess the new product implications of all the trends in light of the client's vision, strategies, brand equities, and key competencies.
Ideation
Our creative marketing team can take the innovation process several steps further into the ideation stage. We integrate strategic thinking into the ideation process, leveraging it with creativity and experience to produce results. Our process includes intensive brainstorming with as many new stimuli and engaging exercises as possible, to act as a catalyst for an unparalleled diversity of breakthrough new concepts. The experts from our NFL team – chefs, researchers, product developers, and marketers – enthusiastically participate in ideation sessions in order to take advantage of their experience and knowledge of the category. We can develop individual product ideas or a multi-year new product pipeline. This step will end with a long list of new product ideas, organized in a fashion that makes them easiest to take to the next step of the new products process – filtering.
Filtering
We recommend filtering to determine which new product ideas to pursue. Filtering involves four key activities focused around identifying innovation success factors and scoring each idea against those factors. At the end of a filtering exercise, the team consisting of The NFL and the client will have a tighter list of which new ideas to develop further.
Writing Concepts for Research
We are happy to write concepts for research. We can also have them illustrated for an incremental cost. Our concept writing process incorporates client involvement to review and edit the concepts together before writing a final draft.
Our marketing services expert is Lucinda Wisniewski  925-551-4279. |
