EP 51: Why 80% of New Grocery Products Fail: Lessons from the Food & Beverage Sectors

Unlock the secrets to marketing success in the food and beverage industry in this episode of Embracing Marketing Mistakes, where we dissect both the challenges and triumphs brands experience in this cutthroat arena. Featuring insights from industry experts like Tristan O'Hara of Pub & Bar and James Beeson from The Grocer, we promise you'll walk away understanding the nuances of securing product listings amidst pressures like shrinkflation and misleading labelling. Dive into stories of success with practical advice from our PR agency, Prohibition, and learn from the journeys of brands like St Pierre, Primula Cheese, and Bloom Gin.Join us as we explore the dynamic dance between consumer behaviour, market trends, and marketing strategies. Delve into Coca-Cola's surprising leap into dairy-free products and unpack the lessons from Burger King's infamous Satisfries launch. With a market brimming with optimism and rising consumer confidence, discover how innovative campaigns, like Cereal's audacious moves in the cereal aisle, are reshaping the landscape and capturing attention.Finally, we unravel the art of storytelling in marketing, sharing how compelling narratives and integrated strategies can captivate both media and consumers alike. From Estrella's bold challenge to its competitors to the rise of low and no-alcohol beverages, witness how brands are making waves with disruptive marketing. By leveraging social media insights and third-party reports, learn how to craft dual-focused campaigns that engage trade buyers and consumers, driving organic growth and solidifying brand presence in an ever-evolving market.Send us Fan Mail Struggling to prove marketing's worth to your board? Grab our free one-page Board-Proof Scorecard: 👉 Download the scorecard 👈Got a marketing problem you would rather not admit to? Reply to this and we will answer it anonymously on the show.Subscribe to our newsletter The mistakes we see marketers make, every fortnight. 👉 [Subscribe here] 👈Follow Chris:X, TikTok, LinkedInFollow Will:LinkedInFollow The Show:TikTok, YouTube