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Case Histories - Case History: 2
We Listened:
Small Business Faces Large
Rival Over Food Supplement for Diabetes
We
Acted:
Limited resources
succeed with critical customer focus
CLIENT: |
A consumer
foods company.
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PRODUCT: |
A timed-release glucose
bar for the nutritional management of
hypoglycemia.
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SITUATION: |
The company identified
the need, and then formulated a nutritional
supplement to help people with insulin-dependent
diabetes manage nocturnal hypoglycemia.
This new offering would compete with an
existing nutritional bar marketed by a
competitor for the same indication. The
company is a small firm with limited financial
resources.
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CHALLENGE: |
Launch this timed-release
glucose bar against a large, well-entrenched
competitor. |
ACTION: |
My research showed
that segmenting the patient population
for this product presented a major opportunity.
Children were most prone to nocturnal
hypoglycemia, and their parents were key
decision-makers. And that led me to developing
the key insight: Clinical efficacy wasn't
the critical issue for this timed-release
glucose bar, peace of mind was. And the
taste of the product was the key to patient
compliance. This led me to recommend a
strategy of selling directly to the consumer.
A direct response campaign built around
a creative platform of "fun dreams"
delivered the message of "rest assured"
and directly addressed the issue of taste
which, respondents told us, was a competitive
weakness. I was directly involved in the
development, and subsequent assessment
of the campaign’s effectiveness.
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RESULT: |
Sales began skyrocketing
and have been close to tripling each month.
The company has more than doubled in size
over the last 12 months, and has attracted
a significant array of financing resources
for further growth in other medical food
product areas.
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Case Histories: 1
2 3 4
5 6
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