Professional Documents
Culture Documents
Strategy
IIM - Udaipur
Abhijeet Kumar
Head – Marketing & Innovation
Birla White, Aditya Birla Group
What is common about these brands?
Introduction Growth
Stage Stage
• For the Youth • Minor & major product
• Expensive, less demand changes
• Associated with youth,
fitness and mobility
Enter Apple IPod in 2001- Revolutionized the music ecosystem
2003 – Flash Memory 2007 – Sony Walkman Phone Present day Walkman
Walkman
Maturity Decline
Stage Stage
Summarizing the product life cycle stages & why should brands innovate?
What if brands jump the curve and enter a new phase of growth?
NEW GROWTH
INNOVATION
What are the different types?
WFH Apps like MS Teams, MICE companies bringing Focus on anything “Anti-
Zoom rolling out new conferences & Product bacterial”
innovative features frequently launches online
Name some non technology brands that you think are innovative?
How did Birla White innovate in a low involvement category like “Base
coating”?
Product Innovation in Birla White that changed the category dynamics
Birla White disrupted the Wall Coating market in 2002 by innovating White cement based Putty
Revenue & Profitability doubled within 5 years
Then Consumers told us..
+
PERFUME
Launched India’s 1st ever scented Putty in the market – reinforced Brand
Leadership
• Being consumer
focused
• Identifying their
needs
Gate 1:
Idea Gate
Gate 2: Gate 3: Gate 4: Test Post
Business Develop & validate launch
Case Gate Gate Gate evaluation
1. Ideas,
Concepts & Initial
2. Business 3. Develop 4. Test & 5. Scale-up
Scoping
Case validate & Launch