Apple and the Power of Differentiation
You can learn a lot about marketing strategy by studying Apple. Perhaps the most important point is this: be different. The folks at Apple clearly understand the power of differentiation. They are masters at both creating it and destroying it. Apple does a phenomenal job creating products and services that are unique and special. The […]
The Mondelez Challenge
Kraft today announced that it will call its new snacks company Mondelez International. Later this year Kraft Foods will split into two companies, a grocery business and a snacks business. The grocery business will retain the Kraft brand name, which makes perfect sense because many of the grocery products actually use the Kraft name: Kraft salad dressing, […]
Coors Light Iced Tea
This week the Chicago Tribune reported that Molson Coors will be introducing a number of new products including Coors Light Iced Tea. You can read the article here: https://www.chicagotribune.com/business/breaking/chi-molson-coors-launching-new-beers-to-boost-share-20120306,0,3634860.story The goal is to build sales through innovation so that the company doesn’t have to rely so heavily on cost reduction projects to drive profit growth. […]