Dairy Drinks
An established dairy business was stagnating, stuck in low-value and low-margin commoditised categories without an adequate innovation pipeline.
Through a series of category-mapping studies, consumer interviews and needs quantification, two separate ‘disruptive entry’ opportunities were confirmed: 1) to stretch an existing brand into a new space, and 2) develop a new brand and value proposition to enter an adjacent segment.
Results
$45 million in retail sales in first year
Gross margin @ 3x the core portfolio average
Drinks business unit returned to growth (+30% YOY)