DATE
Breakthrough Incubator- Creating and launching a new step-out business
Challenge
A Fortune 50 CPG Company wished to create New Business Units outside its existing brands, product offerings, and consumer base in order to increase Shareholder Value. ADL was engaged to lead End-to-End New Product Development, Commercialization, and Strategy Development.
Approach
Using the ‘Breakthrough Incubator’ model, ADL led the entire process to create a new business, including :
- Market Landscape Assessments
- Qual and Quant Consumer Insights
- In-depth Technical and Scientific Analyses
- Platform Identification and Mapping
- Ideation and Concept Generation
- Prototype Development
- Brand Development and Strategy
- Qual and Quant Consumer Testing
- Supply Chain / Manufacturing Planning
- Brand & Product Launch Strategy
- Growth Strategy and Business Case
Value
Within 2 years from project initiation:
- 3 New Brands have been developed>
- 21 Concepts and Prototypes were quantitatively tested with over 4,000 consumers
- 7 New Product Lines were launched
>
The new business has growth potential of multiple $100m
Breakthrough Incubator- Creating and launching a new step-out business
DATE
Challenge
A Fortune 50 CPG Company wished to create New Business Units outside its existing brands, product offerings, and consumer base in order to increase Shareholder Value. ADL was engaged to lead End-to-End New Product Development, Commercialization, and Strategy Development.
Approach
Using the ‘Breakthrough Incubator’ model, ADL led the entire process to create a new business, including :
- Market Landscape Assessments
- Qual and Quant Consumer Insights
- In-depth Technical and Scientific Analyses
- Platform Identification and Mapping
- Ideation and Concept Generation
- Prototype Development
- Brand Development and Strategy
- Qual and Quant Consumer Testing
- Supply Chain / Manufacturing Planning
- Brand & Product Launch Strategy
- Growth Strategy and Business Case
Value
Within 2 years from project initiation:
- 3 New Brands have been developed>
- 21 Concepts and Prototypes were quantitatively tested with over 4,000 consumers
- 7 New Product Lines were launched
>
The new business has growth potential of multiple $100m