This company’s R&D group created a product technology innovation for a large category, but the innovation sat on the shelf because of a lack of understanding of how to apply it. Terrell Marketing Group was asked to solve this problem. We conducted an in-depth analysis of the category and of the types of consumers. We developed numerous new product concept innovations and positionings. Through a test and learn process, Terrell Marketing Group defined a unique positioning and unique product that utilized the new technology. This premium priced product became a #1 seller worldwide.
- Innovation and creativity
- Market research
- Strategy
- Target audience
- Product development
- Positioning