| |

|
|
The pace of
change in the consumer goods markets has accelerated over
the last several years due to a number of social, macroeconomic
and industry-specific trends. In some product categories the
rate of technological change has provided a source of product
innovation and protected price realization; in other sectors
the slow pace of innovation has forced increased attention
from producers on supply chain cost reduction and price competition.
The continued growth of big box retailers
has further consolidated distribution channels, shifting the
balance away from producers without significant brand power,
and further intensifying competition for shelf space and margin.
Meanwhile, the increasing globalization of the economy has
had a variety of consequences, from allowing producers to
lower product sourcing costs, to allowing retailers to increase
their private label business through direct import programs.
Consumer goods companies face different
issues across each category, but in general are facing a common
set of challenges - how to accelerate revenue growth through
more effective consumer marketing and branding programs, how
to generate increased new product innovation, how to increase
price realization and margins, and how to manage distribution
and channel relationships to maximize account profitability.
Our Capabilities
Alliance's Consumer Goods practice is focused
on helping our clients deal with these challenges by sharpening
their competitive strategies, increasing their rate of innovation,
and improving their operational performance. Our professionals
have worked across an extensive range of industry segments
including household products, health and beauty, apparel,
toys, consumer electronics, hardware, domestic appliances,
food storage, furniture, stationery and art products, and
many other product categories. We have a number of capabilities
for assisting our consumer products clients with their businesses,
and in particular excel in:
- Creating growth strategies to target
attractive new markets or customer segments through rigorous
market, competitive and customer needs analysis
- Developing new product positioning,
marketing programs, or pricing strategies to grow key customer
segments and increase product usage
- Enhancing the effectiveness of existing
brand and marketing programs through applying detailed customer
knowledge or competitive analysis
- Identifying new opportunities for
product innovation, and increasing the speed and organizational
effectiveness of the new product development process
- Analyzing channel performance and
retailer relationships, and identifying opportunities to
improve distribution economics or sales performance through
account management
- Aligning salesforce, customer service,
supply chain, organizational structure, and operational
architectures to improve key financial and operational performance
metrics
- Defining and assisting with international
expansion and acquisition-based growth strategies
Case Study
- Restructuring appliances product
line and pricing strategy to face new competition
Read
more (.pdf)
|