Return on Innovation, Europe Edition
Most retailers and fast-moving consumer goods (FMCG) manufacturers tell us that today, growth is hard to find. Landscape shifts and changing consumer habits are making it harder for brands to succeed. They face an increasingly busy and competitive market where innovations have to work harder to break through and remain competitive.
In this report we share our learnings and best practices on how to maximize your return on innovation at every phase of innovation development. We have leveraged success stories from the European market to bring these learnings to life. Combined with our own research we will provide our point of view on how manufacturers can innovate in a smarter and more agile way without compromising on quality of insights.
Top 3 Reasons for the Need for Speed
Today, most FMCG manufacturers face the challenge to innovate faster, and cheaper. We surveyed a large number of manufacturers and 60% of them said they feel MUCH more pressure to launch more quickly, while 24% said they feel a little more pressure. Only 1% said they feel less pressure.