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Building New Boxes Workbook
Building New Boxes Workbook
new boxes
We are going to discuss effective brainstorming.
Start by reviewing this article on the BCG website:
Brainstorm
1. 2. 3. 4. 5.
Frame the Create Reveal and Bring new Follow up
question creativity doubt your boxes
effectively conditions boxes
Your task
BCG has been brought in to help ClothingCo, a
luxury clothing brand, grow their top line (i.e.,
increase revenue) after a period of declining
sales.
The first step in the creative process entails What boxes currently exist that are
still relevant?
identifying and doubting one’s current boxes and
determining which ones require re-evaluation or 1. What is the pricing?
2. What is the quality of products?
replacement.
–
Make a short list of the shared beliefs and What boxes currently exist that
assumptions that likely prevail in ClothingCo. need to be doubted?
Determine which are still relevant and which need to 3. What is the marketing strategy?
4. What is the production rate? Is
be redefined. that efficient to fulfill the demand?
5. What is the profit margin?
Bring new boxes
New box #2
Prepare for brainstorming by creating
new boxes to bring to the session; new New box #1 [Branding]
boxes will nurture ideation and can [Marketing] ● To increase sell, one must have
dramatically increase the odds of a good publicity and branding. So,
● Assuming the shop provides only the company should start
useful result.
offline purchases of clothes. So, it showing its banners and increase
has to digitalize its process and publicity. It can also generate its
start to sell online. Also, have to site on social media platforms as
Remember: Defining new boxes give some discount so that the Ad which will increase the
customers get attracted to that. company’s reach. Also, can
requires a mixture of analysis and art. contact any renowned model to
Boxes need to be grounded in fact. promote their brand.
Different sectors will call for different
inputs.
Question Considering the sale, which age group should we
Brainstorm target to increase the sales four times than previous?
Choose one of the effective questions you created on slide 5, and a new box from slide
7, and brainstorm potential ideas to address the question
● Targeting a particular age group, gain some ● Start making the clothes that are mostly worn by that
age group and make those clothes more unique in
insights about the preferences, fashion style,
terms of design and color
and popular trends of that group via surveys,
● Encourage the customers to upload their photos on
social media analytics
social media handles with some particular hashtags.
● Start to make customizable clothes and start Based on likes and comment on that post, you can
to give them for trails also give them a discount next time
● Continuously keep track of the performance of the
● Partner with famous influencers with a
marketing campaigns. Also, keep a look at the
significant following within that age group. conversion rates. Social media engagement and
They can endorse the brand, showcase the customer feedback. Based on that, keep changing your
products strategies