2012-10-29 23:18:36 -
Successes and Failures Case Study: Pepsi Max and Doritos "Fire and Ice" Campaign - 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 how Pepsi Max and Doritos successfully teamed for a "Fire and Ice" promotional campaign to drive joint purchases of the tortilla chips and cola brands.
Report Scope
- 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.
- Obtain a broader appreciation of the consumer packaged
goods industry by gaining insights from both within and outside of your category.
Key Highlights
Around 80% of new product innovation fails, highlighting the challenge that industry players face in innovating in today´s competitive market landscape. Failed innovation can severely undermine profits and brand reputations. Conversely, the rewards for successful innovation are substantial.
We are constantly monitoring the big winners and losers in the consumer packaged goods industry. Each case study contains background information, describes how developments unfolded, and is contextualized by our own research and analysis.
This case study looks at the example of the Pepsi Max and Doritos "Fire and Ice" campaign. By launching complementary new flavors (Pepsi Max Citrus Freeze and Doritos Jalapeño Fire), the brands were able to team up for a joint promotional campaign that drove consumers to purchase both products together, significantly increasing sales of each brand.
Reasons to Buy
- Why is the Pepsi Max and Doritos Fire and Ice campaign considered an interesting case of success?
- How do we judge the success of the Pepsi Max and Doritos Fire and Ice campaign?
- What consumer insight has underpinned this?
- What can I learn from the success of the Pepsi Max and Doritos Fire and Ice campaign?
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