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Meridian Success Story: 10
Thermos Steel Vacuumware, a new product line from The Thermos Company
Thermos Takes on Aladdin’s Stanley Insulated Steel Bottle, Market Leader Among Blue Collar Workers, and Wins
- Blue–Collar Segment Identified as Growth Opportunity for Thermos: Thermos dominated three of four consumer segments in the steel insulated bottle market, but had yet to make substantial inroads with the blue-collar worker segment, a market controlled by Aladdin’s Stanley brand
- Co-Branding Idea Under Consideration: Thermos identified a potential opportunity to increase presence in the blue-collar segment with a Thermos “SKIL” branded steel bottle
- New Bottle Design Also Developed: As part of exploration of a SKIL branded bottle, a new bottle design had been developed for evaluation
- Issue to be Addressed: Whether the SKIL positioning and new Thermos bottle design could capture serious blue-collar market interest, and particularly whether launch of this new Thermos product had potential to take meaningful share from Aladdin
- Qualitative Consumer Research was Designed, Implemented, and Interpreted by MAI: Research methodology called for recruiting blue-collar workers who were Aladdin brand users and separately, users of other brands of steel vacuumware
- MAI Conclusions and Recommendations:
- SKIL Name Does Not Enhance Interest in an Insulated Bottle: Blue-collar workers did not resonate with a SKIL-branded bottle at a level required to attract interest away from the Aladdin brand
- Thermos Should Instead Target Each of Two Distinct Blue-Collar Market Segments that Emerged from MAI Research – Using a Thermos Brand Positioning: Instead of the SKIL positioning, MAI recommended that Thermos develop a wholly new launch platform that individually targets the two very different need-based segments of the blue-collar worker market which were identified in the MAI research
- Two New Launch Platforms Recommended by MAI: Each launch platform, keyed to target the two unique blue-collar segments, included a recommended brand positioning and series of distinct product features and benefits to incorporate in each of the prospective new product lines
- Thermos Abandons Idea of Licensing the SKIL Name: MAI research findings led Thermos to abandon this idea
- Thermos Executes Alternate MAI Recommendation and Wins In Marketplace: Thermos followed one of the MAI recommendations and brought to market a new product introduction in 2003 for blue-collar workers. The new Thermos succeeded in overtaking the Stanley brand, gaining a leading market share in markets where it was introduced
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