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"How do you
know silver bullets work
unless you fire them?"
Sheriff to Masked Man
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Five
years after a hugely successful product line extension based on an
innovative packaging design, sales of this company’s “newly
packaged” product line remained flat. Based on their own misperception
how consumers used the new package, management believed that the market
for this product line extension had already been exhausted.
Worse,
they believed it was cannibalizing the primary product line and
actually considered discontinuing the new package
line extension. They
might as well have shot themselves
in the foot.
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Buried in reams of
data and consumer research was clear evidence that the users of this
package were, in fact, "early adopters" who valued the
inherent convenience which the newly packaged product line offered.
Presented with this revelation, management decided
to re-name and
re-position the product line and support it with a TV campaign in test
markets,
where not only did sales far exceed
expectations, but sales for all of the company’s products growth
increased substantially. Silver
bullets, indeed.
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Seeing the efficacy
of a coordinated marketing and sales campaign supported by television
advertising (pre-Internet), the company subsequently rolled out its
first national TV campaign with a series of memorable commercials.
(Years later, when the company was subsequently sold, this particular
product line continued to be marketed in the same name and package
configuration long after the company brand itself had been
discontinued.)
Not only do silver bullets work, they have a lasting impact.
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750
NW Charbonneau St., Bend, Oregon 97701 | t: 541.678.5253 | f:
541.550.2237 |
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