Course: Role of Fragrance, Flavor and Taste in Modern Marketing

Role of Fragrance, Flavor and Taste in Modern Marketing

1.3 For New Product Development

1.3 New Product Development

1.3 New Product Development

 
New product development. This course is highly useful for new product development. This approach was born out of the commercial difficulty, not being able to understand what will be the next fragrance using orthodox market research. Orthodox approaches do not work so well as fragrances associated with the emotions in fashion at the time. So you produce a fragrance that is very close to a current line. It will win conventional declared preference research. Tests. But will fail in the market because me too, fragrances are a waste of time.

If you want to be successful, you need to be new in a genuine sense of the word so that


your fragrance fits in with the emotions of the day.
As with taste. Perfume is linked as most of the flavors that we detect come from our nose

or be retro nasally.
So food, like fragrance is linked to emotions that go in and out of fashion.

So on your approach was designed to approach.
You will learn when applied to new product development differs from all other ways you may have learned previously. The fundamental difference between the approach you will learn and that of others is that this method is first and foremost concerned with emotion and its effect on taste or smell

rather than the other way around.
You start from an emotional point of view, whereas most other approaches start from a declared reference perspective.

This course is highly useful for you in New Product Development. My approach was born out of the commercial difficulty of not being able understand what would be the next fragrance using orthodox market research.

Orthodox approaches do not work so well as fragrance is associated with the emotions in fashion at the time.

So if you produce a fragrance that is very close to a current line it will win conventional declared prefernce research tests but will fail in the market because ‘me too’ fragrances are a waste of time.

If you want to be successful you need to be new in a genuine sense of the word, so that your fragrance fits in with the emotions of the day.

So food, like fragrance, is linked to emotions that go in and out of fashion.

You will started from an emotional point of view whereas most other approaches start from a declared preference.

So our new approach is designed…