Tag Archives: Product innovation

I scream, you scream, we all scream for Mustard Ice Cream?

It is summer and we crave ice cream. Perhaps you are an ice cream addict. Perhaps you have tried virtually hundreds of flavors over the years. But, have you ever tried ‘mustard ice cream’? How have we lived without this flavor?

It’s not as strange as one might think. After all, there have been other crazy flavors of ice cream over the years: goat cheese ice cream, cilantro lime ice cream, curry and mint ice cream, sweet corn ice cream, lavender honey, and many more! And before you ask, yes, there is a ketchup-flavored ice cream which was created in honor of musician Ed Sheeran (who sports a ketchup tattoo), but it appears to only be available in Ireland.

The mustard ice cream was created by French’s and Coolhaus Ice Cream to celebrate National Mustard Day on August 3rd.  Unfortunately for all the mustard fans, the ice cream had a limited run of only a few days in New York and California locations. But, there is still good news – the recipe is available online for home chefs. The tart concoction is best served with a pretzel cookie to compliment the flavor.

Race you to the freezer!

P.S. Look at the fine print at the bottom of the container!

 

Group Activities and Discussion Questions:

  1. Discuss brand extension products (ex: Cheerios, Tide, etc.).
  2. What makes a brand extension successful? A failure?
  3. Divide students into team and have each team name five brand extensions.
  4. Show French’s Mustard Ice Cream site and video: https://www.mccormick.com/frenchs/mustard-ice-cream
  5. What are the students’ response to the product?
  6. In teams, have each team develop an idea for another unusual food product that is based on popular flavors.
  7. Since the ice cream is not widely available, ask for a volunteer to make the ice cream – perhaps for extra credit? https://www.mccormick.com/frenchs/recipes/dessert/no-churn-frenchs-yellow-mustard-ice-cream?utm_source=ice-cream&utm_medium=landing-page&utm_campaign=recipe-link

Source: Ad Week, CNN, USA Today, other news sources

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Cool Tech Products from the Consumer Electronics Show

Most students are unaware of it, but the Consumer Electronics Show (CES) is one of the largest and most influential showcases in the United States for introducing innovative products from around the globe. This year, CES exhibited more than 4,500 companies, including manufacturing, transportation, entertainment, robotics, automotive, and more. The show is produced by the Consumer Technology Association which represents the $398 billion U.S. consumer technology industry.

This year, CES was held in Las Vegas, Nev., and hosted 182,000 attendees who viewed products in categories such as 3D printing, gaming, robotics, sports, drones, fitness, health and wellness, retailing, wearables, and a variety of other product groupings. CES regularly announces thousands of new products, including many that we all know and use, such as:

  • High Definition TV
  • Satellite Radio
  • Microsoft Xbox
  • Blu-Ray DVD
  • OCED TV and 3D HDTV
  • Tablets, notebooks
  • Virtual reality

This year’s show provided a lot of great new products and technologies, including foldable phones, scooters, roll-able TV screens, flying cars, robots, and even an elevated walking car. While not all of the products at the event will make it into full production and into our homes and garages, they are nonetheless interesting to consider and think about.

What would you like to see at CES?

Group Activities and Discussion Questions:

  1. Discuss the purpose of CES show and how innovation fits into it.
  2. View the CES Web site: https://www.ces.tech/
  3. Show a summary video about CES from the Wall Street Journal: https://www.wsj.com/video/the-best-stuff-we-saw-at-ces-2019/E4A868A0-AEC6-4EFB-8A09-97E51993C57B.html
  4. Additional summary videos can be found on YouTube: https://youtu.be/mHreov2zl1U
  5. Divide students into teams. Have each team select a product featured at CES.
  6. Instruct students to research the products online, and define a target market for the product.
  7. Which ones do they think will be winners in the marketplace?

Source:  Pierce, D. & Bindley, K. (8 January 2019). The craziest and coolest technologies that might even matter. Wall Street Journal.

 

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Segway: Innovation and Re-Innovation

Perhaps you have ridden a Segway at some point in time, but it is much more likely you have not. First introduced in 2001, Segway was promoted as the world’s first self-balancing human transport vehicle. The product hype was enormous. People around the world clamored for the product that was supposed to revolutionize transportation, particularly in the last mile. But the hype never came to fruition. What happened?

Industry analysts had originally predicted that the innovative Segway would quickly reach $1 billion in sales. However, by 2007, it had reached only a fraction of that amount and growth appeared to stall out. Why? One key reason was the hefty price tag of $4,950, placing it outside the reach of most consumers. Another reason was that, well, people looked like geeks when riding it. It wasn’t cool, nor was it especially safe. Even then-President Bush was filmed on it while falling. And later, the company owner died while operating a Segway near his home.

This pushed the vehicle into the area of mall cops and tourists. However, in 2015, Chinese company Ninebot bought the company to use in developing other markets and products. Ninebot is a leading manufacturer of today’s electric scooters which are seeing strong acceptance in the marketplace, even as they too face safety issues.

But still, there are problems in the last mile. How do you navigate?

Group Activities and Discussion Questions:

  1. Discuss the stages in the product life cycle.
  2. What are the marketing objectives in each stage?
  3. Poll students: Who knows anything about Segway?
  4. Where is Segway on the PLC? Where are electric scooters?
  5. Show Segway’s Web site: http://www.segway.com/
  6. Show Ninebot’s Segway site: http://uk-en.segway.com/
  7. Ask students what happened to Segway? Why wasn’t the product a hit?
  8. Show video story of Segway: https://youtu.be/U-l4Kf9NUJo
  9. What is the company doing now to re-invent itself? Can it succeed

Source: CNN Business

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