Scott Young is the Global CEO of PRS IN VIVO, a company that conducts more than 1,000 research studies annually to help marketers win at retail. Young can be reached at scott.young@prs-invivo.com.
Over the past decade, private labels have travelled the long road from neglected stepchildren to central components of many retailers’ business strategies.
At Perception Research Services (PRS), we are fortunate to assess hundreds of new packaging systems each year, for both new products and restages of existing brands.
For established brands, many shoppers come to the shelf looking for the product-and the primary role of the packaging is to ensure recognition that it is indeed the brand and product people know and trust. But new product packaging, faces a different (and far more demanding) set of challenges.