2012-12-10 23:40:19 - Successes and Failures Case Study: Glowelle Beauty Drink - a new market research report on companiesandmarkets.com
Effective innovation is difficult to come by, but it is the key to sustained competitive advantage in the consumer packaged goods industry. Lessons can be learned from both successes and failures. This case study looks at why Glowelle, a high-end beauty beverage, failed to resonate with appearance-conscious consumers in the US.
- Access comprehensive analysis of global successes and failures in the consumer packaged goods industry to drive ideation and inspiration.
- Obtain country-specific consumer insight to understand the consumer attitudes and needs that underpinned innovation success/failure.
- Avoid costly investments by learning important lessons from companies and brands that have failed or under-delivered.
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Innovation can be highly rewarding but fraught with risk, with product failure rates of around 80%. Still, valuable lessons can be learnt from both hits and misses. Each case study is supported by tangible evidence of success or failure, and contextualized by our own research and analysis.
This case study looks at the example of NestlÃ©´s Glowelle beauty drink in the US. The product´s comparatively high price and unfamiliar benefits were significant obstacles to consumer acceptance.
Keywords: success, failure, CPG, FMCG, innovation, marketing, NestlÃ©, Glowelle, US, functional, nutraceutical, beauty, appearance, women, beverage, claims, labeling, benefits, premium, expensive, skepticism, trust, cynicism, discontinued, withdrawn.
Reasons to Buy
- Why is NestlÃ©´s Glowelle beauty drink considered an interesting case of failure?
- How do we assess the performance of the product?
- What consumer insight has underpinned this?
- What can I learn from the failure of NestlÃ©´s Glowelle beauty drink in the US?
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