Marketers need to identify the main usage contexts (or 'Category Entry Points’ - CEPs for short) people buy the category for. They can then decide which CEPs the company and its brand(s) should focus on now, and in the future. Products/formats, pricing strategies, distribution mechanisms, messaging and media plans can then be optimised for each choosen CEP. Here’s a simplified example of how the Maltesers brand has grown by launching new product formats that are optimised for different CEPs. You can learn more about Category Entry Points here. Further examples of brands expanding via new category entry points can be found in this LinkedIn thread. |