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Just the medicine
Parapharmacy is emerging as a potentially huge market for FMCG retailers across
Europe. And it will be a major subject too at Barcelona, with top speakers examining
all aspects of it.
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Dare to be different
“Get out of the crowd.” That was the call to imagination by Jean-Jacques Vandenheede
(AC Nielsen). He issued the challenge as he outlined the value of a Global Idea
Factory where being different was the success factor.
There were, he pointed out, 11,000 different models of mobile phone, but “there
is only one iPod, the real multi-media machine”. He went on: “It is not the easiest
to use, and it is not the smallest. It does not have the longest lasting battery
and it is not the most sophisticated. It has not the largest capacity or offers
the best price value. But it is the market leader.”
He described Dream Dinners, a rapidly expanding US concept based on meal assembly
to a customer’s personal requirements. “You select a timed cooking session and choose
the dinners. When you arrive a crew awaits you and all the ingredients are prepared.
You then supervise the cooking. You master the whole managing process of these meals
and customise it. “In two hours Dream Dinners can assemble 12 menus at a cost of
between three and five US dollars. It’s cheaper than takeaway, faster than frozen,
faster than DIY. Now they are opening 40 stores a month.”
A partnership between L’Oréal Hellas and the Veropoulos chain of stores had resulted
in a 15 per cent sales increase in cosmetics. This was achieved after identifying
the cause of stagnating sales as an antiquated approach to display and packaging.
The mission of change required co-operation and inventiveness and a determination
to move fast. By changing the environment so that cosmetics were sold from a boutique-style
display, creating its own colourful space the partners had gained “the seal of approval
from the customers themselves”.
Download the presentation
ECR Europe Conference & Marketplace Stockholm 2006 - Plenary 2
Speaker: Jean-Jacques Vandenheede, ACNielsen.