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Innovation doesn’t need to (and usually shouldn’t) be complicated. In fact, look at the recent Wonderbelly acquisition. It reimagined OTC medicine by moving beyond sterile branding, offering effective products with clean ingredients and enjoyable flavors…targeting health-conscious Millennials (and Gen Z) looking to make digestive relief a more positive experience. So, if you really want to create something that has lasting impact, it needs to be a combo of “new” yet “familiar.” And many of today’s most successful CPG brands resulted from identifying that doing something too closely related to market leadership won’t get noticed…but doing something too novel and it will create confusion.
By Joshua Schall4.8
1717 ratings
Innovation doesn’t need to (and usually shouldn’t) be complicated. In fact, look at the recent Wonderbelly acquisition. It reimagined OTC medicine by moving beyond sterile branding, offering effective products with clean ingredients and enjoyable flavors…targeting health-conscious Millennials (and Gen Z) looking to make digestive relief a more positive experience. So, if you really want to create something that has lasting impact, it needs to be a combo of “new” yet “familiar.” And many of today’s most successful CPG brands resulted from identifying that doing something too closely related to market leadership won’t get noticed…but doing something too novel and it will create confusion.

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