Nielsen: Breakthrough Innovations
Ariel, Garnier, Nivea, Lay's, L'Oréal, Scholl, Vanish new products and other selected brands are included in Nielsen's “Breakthrough Innovations 2015” report. Nielsen has analyzed the performance of close to 24.500 product elements of more than 8650 different new products in Europe.
Out of these, only eighteen products met the three conditions under which a product that was introduced in retail trade is considered as a breakthrough innovation. One: it has to be a real novelty, not only a version of an existing product. Second: it should reach 10 million euros or 10 million pounds turnover in the first year. In addition, it should keep at least 90 percent of the turnover in the second year as well.
Nielsen's “Breakthrough Innovations 2015” report can be downloaded here for free: letölthető itt.
(Nielsen)
Related news
97% Of Portuguese Prefer Physical Stores, 22% Shop Online, Study Finds
Despite 22% of Portuguese consumers now shopping online, physical stores…
Read more >Food Labels May Fool EU Consumers, New Report Warns
Consumers can easily get lost in a maze of food…
Read more >UN: ecommerce nowhere as established as in the Netherlands
No country in the world has as many internet users…
Read more >Related news
GVH: margin reduction reduced prices, OKSZ disputes the effect
According to the Hungarian Competition Authority (GVH), the margin cap…
Read more >OKSZ has spoken out regarding the extension of the margin freeze
Viktor Orbán announced the extension of the margin freeze. The…
Read more >The government has extended the margin freeze
Viktor Orbán announced in the Facebook group Harcosok Klubja that…
Read more >