Tag Archives: competition

by | Wednesday, December 25, 2024 · 7:14 am

Latest Candy Hit – Nerds Gummy Clusters

Do you love candy? We love candy – a lot! It typically starts around Halloween and continues until Easter. So many holidays to celebrate and candy is one way to enjoy them.

The problem is that there are also a lot of candy products from which to choose, many of which have been around for decades and have a devoted consumer base. That makes it difficult for new products to gain a market following. It can be even harder to resurrect a dying product, but Nerds has done it. Enter: Nerds Gummy Clusters, a gummy core holding just the right amount of mini Nerds to make the perfect, crunchy bite.

Nerds needed revitalizing. In 2018, Nerds sales were only $40 million. But in the past year, with the new product, sales have increased to $800 million.

Of course it doesn’t hurt sales to have celebrity Kylie Jenner rave about the product to her 200 million followers on Instagram. And then follow that with a Super Bowl commercial. The result is great brand awareness and sales for the new candy.

What are Nerds Gummy Clusters? The candy is manufactured in Illinois, beginning with a melted gel that is poured into molds that create small, chewy orbs that look somewhat like a gummy bear. Added to that is dots of sugar (also called baby Nerds) in which the gummy balls tumble through a river of baby Nerds until completely covered. Crunchy and gummy.

Yum…

Group Activities and Discussion Questions:

  1. Poll students about their candy consumption.
  2. What kinds of candy do they buy? How much do they spend on candy in a month?
  3. Show Nerds Super Bowl commercial: https://youtu.be/VHjNKVwIHfs?si=nHPchTuHRIr3pzGx
  4. Show Nerds website: https://www.nerdscandy.com/crunchy-gummy-yummy
  5. Divide students into teams. Each team will develop a new candy product.
  6. Who is the target market for the new candy?
  7. Describe the new candy product.
  8. How will the candy be priced?
  9. Where can it be purchased?
  10. How is it different from an existing candy product?
  11. Finally, have teams develop a marketing campaign for this product and market.

Source: Sanders, H. (29 October 2024). Inside the colorful and cultish world of Ners Gummy Clusters. New York Times; Vranica, S., and Cohen, B. (7 November 2024). America’s newest hit candy is gummy, crunchy and printing money. Wall Street Journal.

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by | Wednesday, December 4, 2024 · 6:24 pm

Let’s Call It ‘Chaos Packaging’

Where does packaging fit in the marketing mix? Is it just a necessity to keep products from being damaged? Or does it impact the sales of a product?

It’s actually both, and a lot more. But for right now, consider how packaging can help differentiate products and gain consumers’ attention. Think about it. How does olive oil come packaged? Liquor? Sun screen? What about potato chips? They all seem similar due to common undifferentiated packaging.

All of these have a predetermined sort of package that consumers are used to seeing (and buying) on store shelves. But the ubiquitous packaging has the effect of making all the products look alike in the store. What would happen if we mixed it up and got creative with packages, bottles, and boxes?

Enter ‘chaos packaging’. Chaos packaging innovates to take a standard consumer product and put it into some sort of unique container that causes dissonance. In other words, it helps break through the clutter and noise.

Some recent examples of chaos packaging include:

  • Sunscreen in whipped-cream cans.
  • Gin in motor oil cans.
  • Tampons in ice-cream tubs.
  • Perfume in window cleaner-type spray bottles.
  • Olive oil in squeeze bottles.
  • Water in beer-style cans.
  • Coffee beans in VHS tape packages.

Consider that some product categories have only about a 3-second dwell time – meaning that consumers look at packages for 3-seconds before deciding what they need, grabbing it, and buying. Extending that precious look-time, or keeping the look longer, can make the difference between a product languishing on a shelf, or making it into a consumer’s shopping cart.

Take a look!

Group Activities and Discussion Questions:

  1. Poll students: What products have unique packages? Does it matter?
  2. Discuss the importance and purpose of packaging in marketing products.
  3. Where does packaging fit in the marketing mix?
  4. Show video about chaos packaging: https://youtu.be/w9Sk16c2uXQ?si=UB9Qm9FV4A3q6-ui
  5. Divide students into teams. Have each team choose a product that comes in a standard type of package.
  6. Now, have the teams redesign the package to gain more awareness and attention.

Source: Alt, C. (27 October 2024). Tampons in an ice cream tub? Inside the ‘chaos packaging’ trend. The Times (London); Deighton, K. (21 October 2024). Ice-cream tubs of tampons and sunscreen from a whipped-cream can: Welcome to ‘chaos packaging’. Wall Street Journal.

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by | Wednesday, July 31, 2024 · 7:32 am

The New Air Conditioner Hits its Spot

It’s summer time and the living is easy…  Or so the song says.

That is unless you are too hot! Then the summer can be rough – unless you have an air conditioner. But if you live in an older apartment or house, there may not be a central air conditioner, or there might be older window units that don’t work very well. What to do?

As one of the hottest years on record, it might be time for a new air conditioner. And we’re not talking about the ancient, ugly, square window units. Today’s window air conditioners are sleek and smooth, maybe even a little sexy. They are also more expensive (fashion costs more). Air conditioning units range from a few hundred dollars to $400-$500 each. They have remote controls and are WIFI-enabled.

The new units tout themselves as being more efficient and energy conscious. They sport simple displays and can be automated to cool your room down just before you get home. Many of the new units are easier to install than the old clunker units, as well as much quieter.

Ready for summer?

Group Activities and Discussion Questions:

  1. Discuss the importance of clearly defining a target market.
  2. View July’s website: https://july.ac/?variant=48805219926310
  3. View Midea’s website: https://www.midea.com/us/air-conditioners/window-air-conditioners
  4. View Windmill’s website: https://windmillair.com/
  5. Show Consumer Report’s review of window air conditioners: https://www.consumerreports.org/appliances/air-conditioners/best-window-air-conditioners-of-the-year-a1095244181/
  6. Wirecutter’s review: https://www.nytimes.com/wirecutter/reviews/best-air-conditioner/
  7. Discuss the various promotional tactics that can be used for launching a product.
  8. Have students come up with tactics and list all the tactics on the white board (ex: billboards, print, direct mail, etc.).
  9. Divide students into groups to work on this exercise.
  10. Have each team select a different air conditioner units and develop three different tactics. For each tactic, explain why it was selected and how it will be used.

Source: Dunn, T. (17 May 2024). The Best Air Conditioner. New York Times-Wirecutter; Holtermann, C. (30 June 2024). The great air-conditioner glow up. New York Times.

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