Product Launch Strategy
Project scope
Categories
Branding & style guides Competitive analysis Market expansion Product or service launch Sales strategySkills
fast moving consumer goods market size go-to-market strategy branding new product development commercializationWe want to expand our product offering with a new line: <retail-ready CPG (consumer packaged goods) food item>. We need insight to help anticipate the ramp-up to commercialization and the best approach to go to market successfully with our new product. Initial questions to brainstorm include, but are not limited to:
1. What product do we start with (low risk, with high return) for early success?
2. To begin, do we launch where we live? What is the total market size for this opportunity?
3. Should we sell direct through our website, or sell to independent stores or to the big-box stores?
4. Who are our closest competitors and how do we differentiate ourselves?
5. Do we use our current branding?
We currently offer many different grab-and-go items in the Pantry, Fridge and Freezer category on our website www.slowgreen.ca, along with monthly pick-up dinners. We would love to explore the feasibility of turning these grab-and-go online products into retail-ready CPGs (consumer packaged goods). For the upcoming holiday season, our offerings are focused on festive pantry, fridge and freezer items.
MAINS (frozen, with preparation instructions):
- Fireside Tourtière (pork & beef or lentil & mushroom)
- BBQ Chicken Wings (frozen)
- 3 Bean Chilli (beef or jackfruit)
- Mac 'n Cheese ('n more cheese...with bacon or peas or white truffle)
- Butternut & Thyme Soup
- Split Pea, Spinach & Ginger Soup
- Festive Flight (3) of Frozen Cookie Dough
PANTRY TREATS & GIFTS:
- Pumpkin Spice Mini Loaf
- Salted Caramel Sauce
- Roasted Sweet 'n Salty Curried Cashews
- Roasted Maple Nut Granola
- Apple Cider Mustard Maple Vinaigrette
- Spice Rub
- Cranberry Sauce
About the company
With a nod to the slow food movement, we remind ourselves that food is not a fast commodity. But something that can be savoured in a circular sort of way. To be shared with family, friends, neighbours and our community.
We make foods that celebrate traditions in the spirit of progressiveness. We value kindness, leadership, education, sustainable practices, fair living wages and supportive employment opportunities.
We offer flexitarian options from meat to plant-based. We support sustainable agriculture and zero waste initiatives.
We dig our community so we love and support local initiatives like Roncy Reduces, Greenest City and Catweazle.