2010’s Most Memorable Product Launches

TakeAway: In today’s mass production age, so many new products hit the shelves that most go unnoticed.  Schneider Associates, a Boston-based public relations and market communications firm, compiles an annual list of the year’s most memorable new product launches.  Here are the top ten to keep in mind.

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Excerpted from Forbes, “The Most Memorable Product Launches Of 2010” By Elaine Wong, December 3, 2010

This year Apple came in first with the introduction of its iPad tablet computer. Forty-two percent of consumers named it as one of the products they most remembered out of the flurry of new launches that came between October 2009 and September 2010.

Tech brands overall had a heavy presence, with new introductions, such as Microsoft’s Windows 7 (No. 2), Motorola’s Droid smartphone release (No. 4) and Samsung’s 3-D TV (No. 8) among the most recalled new offerings on consumers’ minds this year.

Sales aside, a product launch that’s effortlessly recalled by the public proves that marketers – and their brands – have staying power. Plus, with about 250,000 new products launched globally each year, creating one that stands out can be pretty tough. Consider, too, that the typical failure rate of new product launches can be anywhere in the 85% to 95% range, according to Mintel.

Rolling out a product that appeals to an audience that uses social media to chat about new things can help make it a hit. That’s what Kimberly-Clark did when it rolled out Huggies Little Movers Jeans (No. 9) this year. This limited-edition offering is a diaper with a denim-like style. Mommy bloggers loved them.

For some marketers, thumbing a nose at conventional wisdom can work. KFC did this by ripping the bun off its fat-soaked Double Down sandwich (tied for No. 10). That’s two pieces of chicken – fried or grilled – serving as the one and only cover between an indulgent bacon, cheese and secret sauce center combo.

Food companies, on the other hand, tapped into recession-weary consumers’ hunger for quick, cheap eats. Among the hits: McDonald’s Real Fruit Smoothies (No. 5) and Mars’ Pretzel M&Ms (No. 3). The latter was a simple spin on an idea, but it satisfied Americans’ craving for a sweet, simple treat in an economic downturn.

Edit by AMW

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Full Article:
http://www.forbes.com/2010/12/03/most-memorable-products-leadership-cmo-network.html

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