SIGMA::BLOG

At this time every year, Information Resources, Inc. (IRI) issues an interesting report about what they call “pacesetter” products.  Essentially, it’s the best performing new product introductions from the prior year for consumer packaged goods, food and non-food.  Now, aside from the brand-specific details (e.g., “Love those Arnold Flat Breads!” or “Bud Light’s beer with lime flavor, who knew?!”), what’s interesting are the consumer behavior implications and trends.  Given that most new product launches fail, and that consumers – particularly in today’s economy – tend to purchase their known favorites, these trends are interesting indications of what’s sticking with consumers today.

So what’s grabbing consumers’ attention and share of wallet?

•    Known Equities – Line extensions and slight variations in products made consumers feel comfortable with their choices, for example, Campbell’s Select Harvest was #1, selling $201.8 million in better-for-you soup.

•    Feeling Good – Self care is on the rise, as consumers seek product solutions that help them avoid doctors and other professionals. And really, just stay happy!  Feel good new products helped meet this need, through healthy, functional foods such as Green Giant Valley Fresh Steamers frozen veggies or Kellogg’s FiberPlus – which are granola bars with high fiber, multiple vitamins, and antioxidants.  Or just feel-good-fun from products like Dreyer’s/Edy’s Fun Flavors ice creams and sorbets like Double Fudge Brownie, Butter Pecan, and Cookie Dough…(yum!) or Bud Light Lime.

•    Better, Easier, Convenient, More Effective brought to you through Technology – Particularly among non-food, top performers, if a consumer could get and do more thanks to technology, they bought it.  From three-ply toilet paper (Quilted Northern Ultra Plush at #1 in non-foods, $134.8 million) to multi-tasking laundry detergent  (Tide TotalCare) to deodorant that releases as you move (Secret Flawless).

•    Value & Brand Experience – A common theme we’ve all heard again and again is how today’s consumers are seeking best values.  Not just in pricing, but as a total picture of what they’re getting for their money.  Successful new products delivered more than just a solution – they offered extras like recyclable packaging, professional grade formulas, in-home sensory experiences, and highly targeted benefits.

IRI’s entire white paper report is free to download and a worthwhile few minutes of your time.   It shares the lists of pacesetters mentioned and others, as well as rising star products, and trends to watch in 2010.

Whether you’re lucky enough to have a brand new product launch, or just need to infuse a little news into your existing brand, tapping into consumers’ hot buttons and what’s grabbing their basket rings are good places for a brief to begin!

In 2009 we saw marketers everywhere seeking out one-to-one connections with their customers. The world of “mass” seemed a far-off reach in a world pressed for ROI, leads and conversion. But what was most interesting to watch in 2009 was the up-rise of technology and new channels, once only used by a small portion of the market, gaining scale and turning consumers from passive brand observers to active participants responsible for shaping brands and extending the marketing dollar. A “new mass” market approach unfolded in a big way that forced even the most traditional brands to take note and take the plunge. Once upon a time, a satisfied or unsatisfied customer would tell their close circle of family and friends if they loved or hated a brand. Now that same customer can tell the whole world in seconds–it’s mass marketing turbocharged. Pretty exciting stuff. (more…)

What kind of person would think about using a tree as a musical instrument?  I was amazed by what Diego Stocco was able to compose using an ordinary tree in his garden.  Shuffling leaves, tapping bark and strumming and bowing on twigs.  By considering the tree from a different perspective, Diego transformed it into something completely different.

Diego Stocco – Music From A Tree from Diego Stocco on Vimeo.

Discovering new and unique ways to create something different from a common object or idea is a challenge for all creatives. We often set our own boundaries and expectations of what something “should” be, defined either by the project parameters or personal preferences. Overcoming these limitations opens up a world of new experiences and fresh inspiration for our work. (more…)

I decided to round up some interesting facts, figures and best practices on online video, while many of my fellow Sigmites are out this week producing them.

Recently comScore reported that in April 09, U.S. Internet users viewed 16.8 billion online videos.  Nearly 152 million folks watched an average of 111 videos, and an average online viewer watched 6.4 hours of video.  The age of online video viewers trends slightly younger, however, viewership by Generation X and older boomers are at no small scale.

(more…)

THIS WEEK’S FUEL FOR THOUGHT - Take a short afternoon break with us!

No one loves snacking on great videos more than the folks at Sigma (BTW, we call ourselves “Sigmites”).  To us, it’s both an inspiration and a great escape—fresh thoughts to fuel new ideas, and as refreshing as a brisk walk on a spring morning.  So this week, we are rounding-up some of our favorites that we found during the past week.  See more in our Video Snacking lounge.

Death Cab For Cutie’s Little Bribes - We first found this video on Twitter.  @RossChing sent out this tweet and three days later, it’s been picked as Vimeo Staff Favorite and been viewed over 23K times. Good luck @RossChing, no need to “bribe” when you can crank out this kind of awesome work.

(more…)

Rarely does a day go by without my reading or hearing a going-out-of-business article/message.  Each time I hear the company/brand name, I ask myself, does it matter to me (as a consumer) that they will no longer exist?  Sure, there are some that make little or no impact on my life, but there are far more brands/companies that I say, “it matters.”  Why?  Because I have a personal relationship and connection to them.  Those relationships range from personal preferences to convenience to reminiscence of what some of them meant to me at some point in my life.  (more…)

THIS WEEK’S FUEL FOR THOUGHT
Social media got you running in circles? It’s easy to get lost and confused with the ever-changing stream of information and advice on social media. So, this week we are rounding up some highlighted articles, resources and best practices on social media marketing.

1. Social Media Marketing: Getting with the Program – Sigma’s tips on the best ways for an organization to embrace social media
2. Five Phases of Social Media Marketing – Social Computing Journal listed out five distinct phases to successfully leverage a social media program: Discover, Strategy, Skills, Execution, Maintenance. (more…)

PAST WEEK’S FUEL FOR THOUGHT

What lessons and best practices are out there for marketers in this economy?  We’ve gathered few AdAge articles that provide great fuel for thoughts:

1. Philp Geier’s 10 Principles for Bad Times that Work in Good Times – Adapt, Motivate, Focus Efforts, Stay True To Your Vision, Communicate, Innovate, Seize New Opportunities, Integrate Marketing, Retain Credibility and Inspire Customers are 10 principles we should harness right now.
2. Study:  Cutting Spending Hurts Brands Long Term – Based on TNS Media Intelligence data that revealed  brands that cut spending in downturns lost shares to private labels. (more…)

Faced with an uncertain economy, lingering steady holds in client budgets, procurement mandates driving margins down and a general reduction in client spending, we realized that creative steps would be needed to manage our own expenses and better position ourselves for the next few years. With some strategic brainstorming and a focus on manpower, workload and agency functions, we set out to develop a solution that would win for everyone.

With a goal of streamlining overhead without reducing workflow or impacting our creative product, we found eight positions in the company that could benefit from a reduced workweek (4 days) while also helping to shed some weight from our bottom line. As a result we were able to save jobs and in turn we have been encouraged by the new vigor and level of productivity that we’re seeing. The outcome? Inspired employees who thrive in the condensed workweek, an even better and more focused creative product and an improvement to operating expenses that allows us to focus on growth, innovation and further expansion.

Just goes to show what happens when creative minds work together. CNN and Alina Cho – thanks for featuring us today!