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The strategic approach of Cookmart, a regional supermarket chain in Japan.
Eschewing common tactics like sales flyers and loyalty points, Cookmart focuses on a "subtractive strategy", prioritizing unique, high-quality products developed by store staff. This approach emphasizes concentrating resources on core strengths, such as fresh and original items, rather than spreading them across numerous initiatives.
By deliberately choosing what not to do, Cookmart has cultivated strong customer loyalty and sustained sales growth. The concept of strategic subtraction, or focusing by eliminating less impactful activities, is presented as a key principle for business success.
This talk excerpt explores I-ne's new fabric softener, ReWEAR, contrasting it with their previous attempt in the category. The speakers analyze ReWEAR's marketing and core message, highlighting its focus on revitalizing clothes through an enzyme-based technology rather than solely relying on scent and softness, the traditional approach.
They discuss how I-ne identified a potential unmet consumer need for clothing longevity and is positioning ReWEAR to address this, aligning with their broader philosophy of social beauty innovation and sustainability by reducing textile waste. The conversation concludes by extracting broader business lessons about questioning fundamental product benefits and focusing on core value.
This talk excerpt from "Unearthing Customer Insights" explores the crucial concept of customer insight, defining it as the hidden feelings that drive consumer behavior beyond surface-level reasons.
The discussion emphasizes the importance of understanding these unconscious motivations and introduces methods for uncovering them, such as qualitative research, including in-depth interviews and behavioral observation.
The speakers highlight key principles for gaining insights, like observing real customers, noting inconsistencies, and paying attention to extreme users, underscoring that this process requires active engagement and diligent effort to truly understand what influences purchasing decisions.
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